WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Robinhood (NASDAQ:HOOD) investors like cannabis stocks. That seems clear considering that there are seven cannabis stocks on the trading platform's 100 most popular list. Two of those stocks made the top 20 on the list. Sundial Growers (NASDAQ:SNDL) currently ranks No. 4, while Aurora Cannabis (NASDAQ:ACB) holds the No. 16 spot. But Sundial and Aur
If you work with products that are not criminalized by the federal government, you may not think you have anything to learn from companies in the cannabis and hemp industry. But, as these entrepreneurs navigate unique security problems and a patchwork of intense state-by-state regulations, they are participating in a grand business experiment that
Cannabis stocks, growth stocks, and all kinds of investments have been volatile this month. The S&P 500 is down nearly 2% since the start of September and the Horizons Marijuana Life Sciences ETF has dropped by 9%. Although some investors may feel the urge to scramble for the exits, the recent sell-off could present some attractive buying opportuni
The fast-growing marijuana industry is full of opportunities for long-term investors. From growers to retailers to ancillary providers, there's something for every type of investor, no matter their risk tolerance. While some pot stocks have earned their status as premium buys for long-term investors' portfolios, others have generated significant hy
Stem Holdings, Inc., the first multi-state, vertically integrated Farm-to-Home™ (F2H) cultivation and technology omnichannel cannabis company, announced today that it has acquired Artifact Extracts, a premier cannabis extraction company based in Oregon known for its award-winning concentrates, as well as two dispensaries. (As Originally Seen On Ben
A Wood River Valley based hemp insulation manufacture plans to build a production facility in Jerome County along the interstate beginning this fall. Southern Idaho Economic Development said Hempitecture Inc., based in Sun Valley, intends to build a plant at the Northbridge Junction near the Interstate 84 and U.S. Highway 93 junction; a groundbreak
While cannabis is still classified as a highly dangerous drug on the federal level, there’s no denying bud is big business. Cannabis is one of the fastest-growing industries in the country, with a record $17.5 billion in sales last year, up 46% from the year before. Since an ounce of marijuana can cost hundreds of dollars, you may be keenly interes
A Wood River Valley based hemp insulation manufacture plans to build a production facility in Jerome County along the interstate beginning this fall. Southern Idaho Economic Development said Hempitecture Inc., based in Sun Valley, intends to build a plant at the Northbridge Junction near the Interstate 84 and U.S. Highway 93 junction; a groundbreak
Marijuana retailers will have a larger presence in Chicago after the City Council passed a contested proposal to ease zoning requirements for cannabis businesses. The Chicago City Council voted 33-13 to lift the cap of seven cannabis zones in the city with a limit on the number of dispensaries allowed in each zone. The approved proposal will also n
An exciting crowd funding cannabis cultivation project is scheduled to start this week for Grow Space Orange, the Massachusetts company that develops cannabis cultivation facilities that are leased to licensed growers. Grow Space Orange, Inc, is a wholly owned subsidiary of New England Agriculture Technologies, LLC ("NEAgTech") in which investors a
Notoriously risk-adverse Big Law firms are building cannabis practice groups as a rising number of states legalize recreational and medicinal use, even though the drug remains largely banned under federal law. Cannabis practitioners hail from a variety of specialties, reflecting the range of issues that their clients face. The lawyers have to be fl
Cannabis data and analytics specialist Headset just released its latest report comparing US medical and recreational cannabis market development, bearing results that reveal sales patterns and unifying trends across the industry. The report’s findings are grounded in the context of the predominant pattern of a three-step process in cannabis market
The Saint Regis Mohawk Tribe (SRMT) in New York is hoping the issuing of Tribal Cannabis Retail Licences will lead to the establishment of a legal industry, which will then, in turn, fund local essential services, such as education and elder support. The tribe first announced in July that it would allow for local entrepreneurs to grow and sell thei
Marijuana stocks have been through series of up and down trading over the last several weeks. Before this, the cannabis sector has been going through a downtrend. Much of this came from the cannabis industry becoming more regulated. In addition to the hurdles of enacting some type of federal cannabis reform. In the last 6-7 months there have been m
Investing in cannabis stocks can be like looking for a goose that lays golden eggs -- but finding only lemons much of the time. Between the ever-present hype about questionable companies and the industry's struggles with efficiency, even savvy buyers can make mistakes; I know I've made a few! The good news is that becoming a wiser investor is easi
Hemprise launched in 2019 with the purchase of 25 acres of land in southern Indiana that will eventually house what the company claims will be one of the largest hemp processing facilities in the U.S. with 100,000 square feet of processing space when completed. (Photo courtesy of Hemprise) The company is completing phase I of the buildout, which co
