WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
CNM offers cannabis course ahead of recreational legalization
Business & Finance
ALBUQUERQUE, N.M. - Pretty soon, cannabis is going to be big business in New Mexico. There's a lot of work to do in the meantime to prepare the workforce. CNM is now offering a new online course, but the deadline is Thursday at midnight if you want to sign up. “As we know, the cannabis industry is growing and changing in New Mexico and so we want t
Grover Beach plans to attract more businesses with reduced cannabis tax
Business & Finance
Producing and distributing pot in Grover Beach is about to be more pocket-friendly thanks to a new drop in commercial cannabis tax. The Grover Beach City Council unanimously greenlit the plan at its Oct. 25 meeting to attract businesses in the cannabis industry to the beach city. Grover Beach's cannabis industry has been expanding ever since its fi
Why Mainstream Businesses Are High On The Cannabis Industry
Business & Finance
Cannabis cultivators in the mountains of Northern California’s Emerald Triangle, which is the heart of marijuana production in the U.S., are off the grid. But one of the country’s largest propane gas providers, AmeriGas, happily supplies growers with 1,000-gallon containers of propane to fuel their operations. Original link
New York employers are banned from testing most workers for marijuana
Business & Finance
New York state employers will no longer be allowed to test employees for cannabis, according to new regulations released by the state Department of Labor. This makes New York the first state in the country to prohibit employers from testing both current and prospective workers. In other states where marijuana is legal, there are laws that ban emplo
Add Nevada To The List Of States That Have Eclipsed The $1B Mark In Legal Cannabis Sales
Business & Finance
You can add Nevada to the list of states that have surpassed more than $1 billion of medical and recreational cannabis sales over a one-year period (according to state officials) and we consider this to be a milestone for the US market. (as originally appeared on technical420.com) Original link
Lil’ Kim Enters Cannabis Space with superbad, CampNova Partnership
Business & Finance
Lil’ Kim just announced an exciting new cannabis partnership with California cannabis brand superbad inc. and tech platform CampNova. Hip-hop legend and fashion icon Lil’ Kim is the latest celebrity to enter the cannabis fray. Partnering with California pot brand superbad inc. and tech platform CampNova, the Brooklyn native joins the marketplace an
Global Cannabis Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
Business & Finance
The global cannabis market was Valued at USD 22. 10 billion in 2020. The market is projected to witness a CAGR of 13. 9% during the forecast period (2021-2026). Like every other market, COVID-19 had an adverse impact on the cannabis market as well. New York, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Glo
Amazonas Florestal Published Historic Quarterly Results Posting Record-Breaking Financial Reports
Business & Finance
Miami, FL, Oct. 25, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Amazonas Florestal, Ltd. (OTC:AZFL) announced last week on October 18th that the Company published its 3rd quarter financial reports and OTC disclosures—reporting consolidated revenues of $4.885 Million and over $500k in gross income; the highest reported revenue and gross profit figu
Hemp Home Builds a Bright Future for Farmers
Business & Finance
Project PA Hemp Home is partially funded by two grants from the Pennsylvania Department of Agriculture. Photo provided by DON Enterprises Affordable housing constructed with hemp-based building material is nearing completion in New Castle, Pennsylvania. Project PA Hemp Home is the first full home renovation in the state using hempcrete and HempWood
Up in smoke? The highs (and lows) of cannabis' investment case
Business & Finance
The decline in related stocks comes following a wave of posivity for the sector. So, has the industry already burnt out or will it find a new spark? Cannabis investing was the best new thing five years ago. While the sector has gained a lot of ground, investors are still awaiting the next big step that turns the most famous leaf into green gold. Bo
Trulieve acquires Harvest, creating nationwide cannabis empire
Business & Finance
The $2.1 billion acquisition of Harvest Health & Recreation by Florida cannabis behemoth Trulieve Cannabis Corp. has finally been consummated, creating the largest marijuana company in the U.S., with a combined 149 dispensaries and operations in 11 states. Harvest has 39 operating shops in five states, including one in Tucson at 2734 E. Grant Road,
NBA Hall of Famer and CEO, Announces Participation in the Stellantis-National Business League Black Supplier Development Program
Business & Finance
Using Sustainable Hemp Solutions, One World Pharma Seeks to Become a Major Supplier Within the Federal Government, and Public and Private Sectors, Both Nationally and Internationally. Original link
Could Another Acquisition Be on the Horizon for Tilray?
Business & Finance
The company's merger with Aphria closed in May, but investors shouldn't rule out another one in the near future. Cannabis company Tilray (NASDAQ:TLRY) is hoping to reach $4 billion in annual revenue by 2024. For a company that is currently at a run rate of less than $700 million -- it has a long way to go in reaching that target. Original link
Will US Grown Marijuana Even Exist In 10 Years?
Business & Finance
Costs such as labor, electricity, and tariffs may have already doomed the US cannabis industry. Costs of labor, water, electricity, and tariffs may all signal an unfair market for US marijuana growers. The US cannabis industry’s final chapter has already been written before it even began!  While the US cannabis industry anxiously waits for Federal
Cannabis Producers Could Be Making a Colossal Mistake in Dismissing This Threat
Business & Finance
It has now been three full years since Canada legalized the recreational marijuana market on Oct. 17, 2018. In the early stages, marijuana producers in the country were generating strong growth numbers due to the new segment of the market opening up (previously, only medical marijuana had been legal). But fast forward to today, and top companies li
Texas says popular cannabis extract, delta-8, is illegal, sending retailers scrambling
Business & Finance
Three years after federal legislation removed the marijuana extract known as delta-8 THC from the nation’s list of controlled substances, Texas health officials have put it on its own list of illegal drugs, sending a shockwave through the growing CBD retail industry across the state and making the substance, essentially, illegal. Christine Perez, w

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