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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Who will be the Amazon/Tesla of the cannabis industry? Key To Life Supply fits the bill
Business & Finance
Who will be the Amazon or Tesla of the cannabis industry? Key To Life Supply fits the bill. With exciting new technologies and products via their re-imagination initiative, Key To Life Supply is now being considered among the Amazon of the Hemp Industry. Its eCommerce website boasts hundreds of new products and grows by the day. It's evident that K
Mission hemp farm opens, growth in industry expected
Business & Finance
On Tuesday afternoon, hundreds of hemp trees swayed their fragrant leaves in the wind in the greenhouse of a Mission hemp farm. “We are not aware of anybody doing this type of volume actually south of Houston,” said Roberto Morales, owner of Healing Bloom Farm. Healing Bloom handles all parts of production in-house with the main product being CBD o
European Union Increases THC Level For Industrial Hemp. Why Does It Matter?
Business & Finance
The European Parliament approved on November 24 to increase the THC level from 0.2% to 0.3% for hemp crops used for industrial purposes. The rise of the THC level for industrial hemp is part of the measures of the new Common Agricultural Policy (CAP) reforms, which will enter into force in 2023.  Farmers may receive EU subsidies if they use hemp va
Mike Tyson's Cannabis Products 'Personally Tested And Approved' By The Legendary Boxer Reach California
Business & Finance
Legendary heavyweight boxer Mike Tyson’s cannabis brand is now available in California. His cannabis company Tyson 2.0 confirmed Tuesday that its premium quality cannabis line is now available at more than 100 retailers across The Golden State. (Originally posted by Benzinga)  “We are focused on bringing Tyson 2.0 premium cannabis products to retai
High school buddies launch CBD company in Sandston
Business & Finance
A trio of old high school buddies are behind a new player in the local CBD scene. VA Harvest, which sells CBD extracts and cremes in stores and online, launched in November. The company has a budding retail presence, with products on shelves at grocery store Ellwood Thompson’s and Fan wellness store Blossom RVA, co-founder Bill Wingfield said. The
A Michigan company is expanding in Missouri’s burgeoning marijuana market
Business & Finance
Missouri’s cannabis industry continues to attract businesses and create jobs. A multistate company based in Michigan is opening a cannabis processing facility this month in St. Louis. It is also partnering with another company on a cultivation operation in O’Fallon. “I think Missouri is a rather competitive market,” said C3 Industries CEO Ankur Run
Cannabis Is Starting to Get Hit by Supply-Chain Shortages
Business & Finance
Lunar New Year is a looming threat Getting basic materials like ceramics, stainless steel and computer chips from China has gotten so difficult that its about to hit one of the few industries that has so far been insulated from supply-chain woes: U.S. cannabis. Original link
Betting on themselves, sisters-in-law open Pepperell’s first cannabis dispensary
Business & Finance
Nearly two years after they made their initial pitch to the Select Board, sisters-in-law Priyanka and Tejal Patel finally saw their dream made a reality as they opened Uma Flowers, Pepperell’s first recreational cannabis store last week. Opening ceremony and ribbon cutting for Uma Flowers, Pepperell’s first cannabis dispensary, from left, Select Bo
Why Tilray, Aurora Cannabis, and Canopy Growth Are Glowing Green
Business & Finance
Wells Fargo just shouted "sell!" -- but investors bought cannabis stocks instead. What happened A funny thing happened in the cannabis market today. Analysts at investment bank Wells Fargo initiated coverage across the sector, warning of overvaluation among marijuana companies and suggesting investors turn their attention to hydroponics suppliers i
https://thefreshtoast.com/cannabusiness/how-much-of-a-sales-spike-will-the-cannabis-industry-get-this-holiday-season/#utm_source=feedly&utm_medium=rss&utm_campaign=how-much-of-a-sales-spike-will-the-cannabis-industry-get-this-holiday-season
Business & Finance
Not every part of the industry sees business heat up during the holiday season. For some, like those in cultivation and packaging, it marks a wind-down on work and profits. The holiday season is underway and so too are sales. The cannabis industry is no exception, with December sales expected to be strong once again. Data firm LeafLink reports that
Choose Wisely, Grasshopper
Business & Finance
Grasshopper co-founders on the tool you need to streamline bulk cannabis packing processes. Often the best inventions and innovations are born out of necessity—which is exactly what sparked the creation and development of the Grasshopper. Grasshopper Co-founders Luke Daly and Jesse Bloomfield shared why they had to build the tool they needed—becaus
Red Bank: $10K Cannabis Biz Fee On Table
Business & Finance
A proposed $10,000 fee for licenses to grow, store or sell cannabis was flagged as possibly problematic by Red Bank’s borough attorney last week. At the council’s workshop meeting last week, community planning Director Shawna Ebanks suggested an amendment to a recently enacted cannabis ordinance to create a licensing procedure and fee. Original lin
A milestone year for the Massachusetts cannabis industry is ending. What’s next? See our Q&A with regulators
Business & Finance
In 2021, home delivery of cannabis rolled out in Massachusetts as the state’s industry surpassed $2 billion in gross sales and hit the fifth anniversary of recreational legalization. Original link
The cannabis conundrum: Path on pot not always clear-cut for towns
Business & Finance
With no marijuana playbook for lighting up legally, towns like Saugerties, Rhinebeck and others forge their own paths into an unknown, burgeoning industry When New York State legalized marijuana last spring, discussions kicked into high gear as to which towns, villages and cities would cater to cannabis buyers and businesses. Who’s opting in? Who’s
Cresco Labs Opens 12th Florida Medical Cannabis Dispensary
Business & Finance
Cresco Labs Announces Opening of 44th Dispensary in Pensacola, FL Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today the opening of a new Sunnyside dispensary located at 3900 N 9th Ave. in Pensacola, FL. Sun
CBD Goes Bust in 2021
Business & Finance
With December upon us and hemp harvest season coming to a close, the cannabis industry is facing a sobering bust following the great CBD boom. The November 2021 Hemp Benchmarks Report contains results from an analysis of financial findings from publicly traded CBD companies, which reflect a stagnant 2021 market. However, hemp-derived THC (Delta-8)

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