WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
You'd be making much more than if you had invested in an index fund. When you're evaluating which stocks are worth holding for decades, it pays to look at a company's past performance so that you can judge its merits. In the case of an up-and-coming business like Innovative Industrial Properties, (NYSE:IIPR) sometimes a couple of years is all it ta
Cannabis does not need to have a large carbon footprint, but it does, and it’s not going away anytime soon. Weed really does grow “like a weed” in some parts of the country. As states legalize medical and recreational marijuana, however, most natural growing has been tossed aside and replaced with energy-laden practices. Some farming techniques use
LATROBE (TNS) — Even as Pennsylvania’s hemp industry continues to face growing pains, farmer Rick Fundy knows there is potential in the trade. This year, he invested $5,000 to begin growing hemp on his future son-in-law’s Latrobe farm. With equipment already purchased for use on other crops, Fundy invested in seeds and other items necessary to begi
A dire truck driver shortage that’s wreaking havoc on the US economy is getting worse — and it’s being fueled partly by tough federal drug-testing restrictions that were imposed nationwide last year, industry officials told The Post. More than 72,000 truck drivers have been taken off US roads since January 2020 because they have failed drug tests t
Project PA Hemp Home, nearing completion on New Castle’s East Side, was presented at the Third U.S. Hemp Building Summit in Austin, Texas last week. Lori Daytner, vice president of program development at DON, addressed the summit, which was attended by 200 natural building professionals, hemp building materials producers and LEED professionals. The
Since the challenges cannabis retailers are facing don’t appear to be going away anytime soon, the best case scenario is for them to be able to successfully adjust to a new normal. Just as the cannabis industry was beginning to catch its stride, the world was swept into a panic caused by COVID-19. The ways in which the pandemic has affected the sup
Legalization doesn't matter as much as it may seem. Amidst its historic growth spurt prompted by legalization and decriminalization at the state level, the cannabis industry is continuing to mature and change. As in every industry, the best companies are adapting and using the changing conditions to their benefit, whereas the weakest are struggling
At least one lender has opened the door to income from the marijuana industry buying, refinancing and pulling cash out. Mortgage lenders knowingly and sometimes unwittingly provide residential purchase and refinance loans to tax cheats, money launderers and even straw buyers. How so? Lenders typically face a low bar for income documentation, they d
Are Canopy Growth and Aurora Cannabis better investments since the departure of their CEOs more than a year ago? Last month, cannabis producer Hexo (NASDAQ:HEXO) made news when it announced a change in leadership. It's not an uncommon occurrence in a fast-changing industry like marijuana where companies are always adjusting their strategies. But do
Marijuana Stocks And Current Market Activity In November the cannabis sector has continued to see market declines that have left top marijuana stocks at the lowest trading levels seen in 2021. One part of the cannabis sector that has seen a significant drop in value is Canadian cannabis stocks. After reaching new highs in the first quarter Canadian
The Scotts Miracle-Gro Company (NYSE: SMG) reported full-year financial results as sales dropped 17% in the fourth quarter to $737.8 million. Still, this topped the Yahoo Finance average analyst estimate for sales of $689 million. Scott’s reported a GAAP loss in the quarter of $0.87 per share compared with earnings last year of $0.07 per diluted s
DENVER — Charlotte’s Web on Oct. 27 introduced a new full-spectrum hemp extract treat targeting dogs with skin and allergy concerns. The company’s Skin Health & Allergy Support Chews are formulated to support sensitive skin and seasonal allergies. "As we continue to learn more about the science of allergies in our dogs, we are finding it often requ
BOSTON — While recreational marijuana sales have soared in 2021 as Massachusetts emerges from the pandemic, business complications and governmental actions have slowed the pace of the industry's growth, cannabis advocates say. Massachusetts legalized marijuana in 2016, becoming the seventh state to do so, but only licensed sales in 2018. “Right out
Halloween is almost here. As costumed revelers prepare for a weekend of celebrations, the cannabis industry readies for the beginning of the holiday shopping season just around the corner. Article originally appeared on Benzinga. Green Wednesday, Black Friday and December holiday shopping sales dominate the collective minds of business operators.
It’s easy to get excited about the cannabis industry when you hear that legal cannabis sales in the U.S. grew 30 percent in 2020 to a whopping $22 billion, outpacing the $17.5 billion spent on wine. If you’re a savvy, experienced businessperson, you might mistake that kind of booming market with an opportunity to turn a quick profit. But there are
In about one year — by October 2022 — Vermont's retail cannabis market is scheduled to go into place, and the state's Cannabis Control Board has already made some key decisions that will shape Vermont’s legal marijuana marketplace. VPR’s Mitch Wertlieb spoke with senior political correspondent, Bob Kinzel. Their conversation has been edited and con
