WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Marijuana Sales In US Hit $1.4 Billion Over Last 90 Days
Business & Finance
Which state sold the most weed in America in the second quarter? With a total of $1.4 billion in taxable cannabis sales in the second quarter, California takes the lead as the state with the highest sales of weed in the United States of America. This wouldn't come as a surprise to the majority, as California has always been at the forefront of the
Nonprofit Works To Break The ‘Grass Ceiling’ In Missouri Cannabis Industry
Business & Finance
A new nonprofit based in St. Louis, called We Are JAINE, plans to connect women in Missouri's cannabis industry with resources and mentorship opportunities.   Missouri’s cannabis industry is taking off, but few women are running the companies fueling that growth. A new nonprofit based in St. Louis, We Are JAINE, aims to change that. Original link
Farmers swap cattle for cannabis as north east becomes ‘hemp haven’
Business & Finance
Hemp is being trialled by local farmers throughout Aberdeenshire and Angus. The north east is gradually becoming an unlikely centre of the hemp-growing industry. A variety of the cannabis plant, hemp is being trialled by local farmers throughout Aberdeenshire and Angus and grown specifically to make a wide range of products. The Scottish Hemp Assoc
Cannabis firms catch a whiff of opportunity in Brazil
Business & Finance
 International cannabis companies are showing interest in Brazil, both its large consumer market for medicinal products and a proposal that could legalize planting of the crop. Major producers like Colombia’s Clever Leaves and Canada’s Canopy Growth are developing and selling medicinal cannabis products to a Brazilian consumer segment estimated at
With Pot Opt-Outs, NJ Towns Keep Residents From Entering Business
Business & Finance
Municipalities in New Jersey that opt of allowing legal marijuana sales within their borders don’t just block such businesses. They could keep residents from establishing businesses in the industry at all. The rules adopted for the recreational adult-use marijuana by the state Cannabis Regulatory Commission have been largely applauded, and a Wednes
Halo Collective Executes Definitive Agreements to Acquire Pistil Point Indoor Facility and Related Licenses in Oregon
Business & Finance
Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today entered into definitive agreements to acquire Food Concepts LLC, the master tenant of an approximately 55,000 square foot indoor cannabis cultivation, processing, and wholesaling facility in Portland, Oregon operated under the Pistil Point name (the "FC
3 Big Names That Have Invested in the Cannabis Industry
Business & Finance
When the U.S. government eventually legalizes marijuana, there will undoubtedly be a lot more businesses looking to expand into the growing industry. The current federal ban on pot means that large companies with robust logistical abilities don't generally see the point of getting involved, since marijuana can't cross state lines. But there's hope
Weed Insurance — Yes, It Is Going To Be A Very Big Thing!
Business & Finance
Want to know how I know that weed is going to be legalized on a federal level fairly soon Insurers are getting ready. That’s right! One of these days you’ll be able to get weed insurance on your crops, cannabis-related business ventures and much more. There is no denying that cannabis is BIG business. Some estimates believe that by 2026 the cannabi
Got $4,000? Buy These 2 Cannabis-Focused Biotech Stocks
Business & Finance
  As different as they may seem, there's some overlap between the cannabis industry and biotech that's worth understanding as an investor. Cultivators can use biotechnology to manipulate the genes of marijuana plants to increase their yield, and biotechs can use the bioactive chemicals contained in cannabis as jumping-off points for drug developmen
Canonic Announces Pre-Launch of its First Generation Medical Cannabis Products in Israel
Business & Finance
  Canonic Ltd, a company focused on the development of medical cannabis products and a wholly owned subsidiary of Evogene Ltd. (NASDAQ: EVGN) (TASE: EVGN), announced today the pre-launch of its first-generation medical cannabis inflorescence products. Original link
When Are We Going To Start Arguing About Who Lost Mexico?
Business & Finance
There is a major debate about the loss of Afghanistan, but for the most part, it has followed the Prime Directive: “Don’t mention the Drug War!” Nonetheless, it seems relevant that Afghanistan is still the world’s largest opium poppy producer. According to Reuters, “Despite the threats posed by Afghanistan’s illicit drug business, experts noted, th
The Cannabis Society to host worldwide hybrid conference this September
Business & Finance
New York, Aug. 26, 2021 (GLOBE NEWSWIRE) -- The Cannabis Society is pleased to announce that they are hosting a worldwide hybrid conference covering two distinct topics: European Medical Cannabis and North American MSO Growth and Consolidation on Tuesday, September 21st, 2021. This one-day conference will start with discussions surrounding European
GREEN CUISINE: ANANTARA CHIANG MAI CREATES CANNABIS-INFUSED MENU
Business & Finance
The Anantara Chiang Mai resort in Thailand has launched ‘healthy and nutrition-rich’ cannabis-infused food and drink at its on-site restaurant. Jenny Southan reports Original link
The State That Sells the Most Weed May Surprise You
Business & Finance
National retail sales figures for July included a small segment called “miscellaneous store retailers,” in which the U.S. Department of Commerce included the no-longer-so-small cannabis dispensaries.  With sales at the nation's miscellaneous store retailers increasing by 3.5% in July from June to a record $14 billion — at a time when total retail s
Best Cannabis Penny Stocks Under $1? 2 For Your List This Week
Business & Finance
Top Marijuana Penny Stocks In August 2021 As the stock market continues higher are you looking for top marijuana stocks to buy? In the first quarter, the best cannabis stocks rallied until February 10th. Since that time the cannabis sector has declined for several months and is now trading near its lowest market value this year. In the first quarte
Crowdfunded medical cannabis dispensary in southwest Pennsylvania plans expansion
Business & Finance
A medical cannabis dispensary crowdfunded by residents in southwestern Pennsylvania will open its third location in October. Maitri Medicinals, the number one craft flower producer in Pennsylvania, will debut a storefront in Greensburg just three years after entering the state’s competitive dispensary market. Original link

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