WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Speaking at last week’s Benzinga Cannabis Capital Conference in New York City, Mary Ellen Schrock, brand evangelist at Vibe Growth told her colleagues on a panel called “The Trends Dictating the Future Landscape of Cannabis Brands” that it was time for the next generation of cannabis branding. (As Originally Seen On Benzinga by: Nina Zdinjak) Orig
Before recreational sales even get started, is New Jersey’s “budding” cannabis industry starting to resemble another regulated one that, too many times, has had competitors bringing out the knives against one another? Many in South Jersey will recall an all-out war of words that developed a few years ago between Virtua Health and Cooper University
Representatives of medical and adult-use marijuana businesses in Constantine attended the Constantine village council meeting Oct. 18 with questions about a presentation to the council last month by Scott Dianda and Ed Santangelo of Tranquility Fields Retail, regarding opening a consumption lounge in the village. Tranquility Fields representatives
On Friday, the newest cannabis SPAC Achari Ventures Holdings Corp. I announced the pricing of its initial public offering of 10,000,000 units at a price of $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market and trade under the ticker symbol “AVHIU” beginning October 15, 2021. Original link
If there’s one truth in life, it’s that weed can grow just about anywhere. Backyards, greenhouses, basements, rolling hills and acres of farms in every state, and even prisons. Well, a former prison, anyway. One of the nation’s leading cannabis operators, Green Thumb Industries will open a modern ‘cannabis campus’ on the site of a former federal p
Five years ago, California’s approval of Proposition 64 opened the door to recreational marijuana and budding new local economies. The proposition was billed as a win for increased tax revenues, entrepreneurship, jobs and the hope of beating back marijuana’s long-established and vast illicit cannabis market. Original link
Pipp Horticulture (a division of Pipp Mobile Storage Systems, Inc.) (“Pipp”), the leading provider of space‐saving, multi‐level mobile cultivation systems, announced today that it has acquired the GGS Group of Companies (“GGS”). Based in Vineland, Ontario, GGS is one of the most recognized names in the Horticulture industry. They have been the lead
Wisconsin is set to become the first state to relinquish authority over its state hemp program to the federal U.S. Department of Agriculture (USDA). The announced transition will occur on January 1st, 2022. Starting on that date, Wisconsin farmers and hemp processors will have to comply with the final rule on hemp released by USDA earlier this year
Are you looking for top marijuana stocks to invest in for Q4 2021? For the past 8 months, the cannabis sector has experienced substantial market declines. This is mostly due to Congress not establishing marijuana legalization earlier in the year. Now in Q4 the SAFE Banking Act and the MORE Act have resurfaced and passed in the House. Although there
The Palm Springs City Council on Thursday unanimously approved a new schedule for municipal fines that can be levied on cannabis-related businesses that violate the city rules governing them. In 2019, Palm Springs adopted a set of revised regulations for cannabis businesses, such as dispensaries and production operations, that was motivated largel
A good amount of investors are looking at marijuana stocks from a different lens. What this means is a lot has changed in the sector in regards to how most cannabis stocks have been performing. Especially in the last year. Many investors at one point felt pot stocks were unstoppable in 2020 and early 2021. During this time many cannabis companies w
AceCann, a Portuguese medical cannabis company, is receiving a €13 million ($18.7 million) investment from Casa Verde, a venture capital fund co-founded by Snoop Dogg. It is the firm’s first investment in continental Europe, according to Sifted. Original link
Medical and retail marijuana sales fell in August for the second consecutive year, while the state's tax and fee revenue also declined, according to the Colorado Department of Revenue's September report. Prior to last year, marijuana sales throughout the month of August had continuously increased from the previous month since 2014, according to th
Cannabis is booming. New numbers from Nevada’s Cannabis Compliance Board and Department of Taxation show the marijuana industry had more than $1 billion in taxable sales in the last year. What these figures really show is that it is a product everyone is becoming more and more comfortable with. And these gains are for the history books. “It existed
The past few years have seen a tremendous boost in the US cannabis industry, as 36 states have legalized the substance for medical or recreational use, or both, and several others have decriminalized it. At the Federal level, cannabis remains an illegal narcotic – but Federal law also prohibits prosecution of users who are in compliance with local
In what it describes as a month of climate action, Blac Sneaker Company is donating funds with each hemp sneaker purchase to have trees planted on its behalf. Relatively new on the footwear scene, Blac Sneaker Company was established in 2019 with a goal of creating simple, stylish sneakers for everyday wear that minimise environmental impact in the
