WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
As the cannabis industry scales, so does its need for experienced business veterans to steer companies towards the top. The demand has led to an influx of executives entering the space from other industries. Most in the cannabis industry note that the move is a likely response to a nascent space. However, as recent analyses revealed, gender and d
Marijuana is legal for some or all adults in more than half of U.S. states. As the cannabis industry takes off, it has the potential to deliver a product with minimal environmental impact. Hemp packaging may help make those sales sustainable rather than leading to more harmful waste. The cannabis industry is currently the fastest-growing industry i
The thriving and consistently crowded industrial real estate market has recently had to accommodate an increasing number of cannabis growing and processing plants in the municipalities that allow them. However, in many cases, cannabis construction in these municipalities has led to the multi-million-dollar rehabilitation of obsolete industrial faci
All THC products derived from the cannabis plant will soon be covered by state law and regulated by the Michigan Marijuana Regulatory Agency. Starting Monday, October 11, these products will only be available after appropriate approvals, rigorous testing, and commercial standards that currently protect consumer safety in the legal marijuana marketp
Nearly three years after Missouri voters legalized medical marijuana across the state, the cannabis industry in St. Louis appears to be thriving, with state-regulated dispensaries popping up throughout the region. But managing the money side of things has proven a struggle for many distributors and growers — even though their businesses are fully
The two co-founders of CanaFarma Hemp Products have been charged with fraudulently raising $15 million from investors by making false statements about the “farm to table” hemp startup and its management. The U.S. Securities and Exchange Commission said Vitaly Fargesen and Igor Palatnik misrepresented CanaFarma as a “fully integrated” hemp company a
A flurry of laws passed by the Nevada Legislature earlier this year took effect on Friday – ushering in reforms that Democratic lawmakers who have majorities in both the state Senate and Assembly have long campaigned to implement. Five years after the the state’s voters approved legalizing recreational cannabis in Nevada, business owners can now a
The cannabis market made huge progress over the last several years. The increase in the number of users boosted the industry’s value. Thanks to premium platforms like Askgrowers.com, anyone interested can learn about cannabis strains and brands quickly. Even most governments seem readier than ever to adjust the laws and legalize cannabis. (As origi
Trulieve, the state’s largest medical marijuana operator, is now the nation’s biggest cannabis retailer, after closing on a $2.1 billion deal to acquire former competitor Harvest Health & Recreation Inc. The transaction marks a major development in Florida, where Harvest held one of 22 licenses to cultivate, process and sell medical marijuana to a
While the lack of federal legalization has made some investors hesitant to add cannabis companies to their portfolios, Intrinsic Capital Partners sees that as one of the things that makes the cannabis investment space so attractive. It’s a hyper-growth market, projected to grow at a compound annual growth rate (CAGR) of 26.5% over the next decade.
Following 11 months of collaborative dialogue, the Santa Barbara County Coalition for Responsible Cannabis (Coalition) and CARP Growers reached a historic agreement on Aug. 20, ensuring cannabis farms work in cooperation with the community group to resolve odor issues in a proactive and cooperative way across Carpinteria Valley. The agreement holds
If you're looking for stocks that you can buy and hold for many years, it's important to choose companies with high-quality businesses and strong catalysts for growth. One industry that receives ample attention from investors of all ages and trading styles is the marijuana sector. As more states have legalized pot for medical and recreational purpo
American Cannabis Company, Inc.(OTCQB: AMMJ) (“ACC” or “Company”), a full-service business-to-business cannabis and hempconsulting solutions provider and licensed owner operator, is pleased to announce that itsproprietary potting mix, SoHum Living Soils®, was recently awarded an official certification fromthe Organic Materials Review Institute (OMR
Cannabis Conference 2021, the industry’s leading event for plant-touching businesses, was host to nearly 3,000 cannabis professionals in August, who came together for the first time in two years to share the latest technologies and solutions, business strategies and more at Paris Las Vegas Hotel & Casino. On the 85,000-square-foot trade show floor,
Trulieve, a cannabis company that operates across 11 U.S. states, has completed the acquisition of Arizona-based Harvest Health & Recreation Inc. The US$2.1 billion deal was first announced in May. Trulieve is now the largest and most profitable cannabis operation in the U.S., according to the company’s announcement. Original link
The move will allow recreational marijuana stores to expand further than the current seven marijuana zones in the municipality. The largest in the state of Illinois, Chicago has allowed 18 adult-use cannabis retailers so far, among the 110 statewide. While marijuana retailers are now able to open without special approval from Chicago regulators,
