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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
With an influx of states transitioning to adult-use markets and the U.S. Senate signaling its intention to move forward on cannabis reform, federal legalization is imminent. Industry stakeholders and mainstream business leaders alike are preparing for the seismic shift that legal cannabis will likely experience once federal prohibition ends. In the
It wasn’t that long ago that cannabis industry investment opportunities were very limited as policy change happens often. In some ways they still are, but not nearly as limited as in years past. Thanks to cannabis reform victories the legal cannabis industry is allowed to operate in more regions than during the prohibition era. Many countries still
Brightfield Releases New CBD Report Cannabis and CBD consumer data analytics company, The Brightfield Group, is announcing the release of their newest report analyzing the CBD market in 2020 and laying out their predictions for 2021. Some key information from the report includes: Original link
The U.S. cannabis industry is growing at an incredibly fast rate and bursting with opportunity for shrewd long-term investors. A number of pot stocks have reported double- or even triple-digit balance sheet gains during the pandemic and surged to new all-time highs in the process. And it's not too late for new investors to seize on the upside poten
Illinois Will 'Blow Past' $1 Billion In Cannabis Sales This Year, Chamber Of Commerce President Says
Illinois' cannabis industry is growing up fast with adult-use recreational cannabis sales expected to hit $1 billion by year-end. In March alone, Illinoisans spent $110 million on weed for fun, Newsweek reported. Todd Maisch, president and CEO of the Illinois Chamber of Commerce, said one factor contributing to Illinois' explosive growth is that mo
Move over, nutrition facts – food companies and consumer packaged goods manufacturers are adding carbon-footprint labels to their products in an effort to be transparent about their environmental impact. Now hemp and marijuana companies are considering whether to jump on a trend experts say will intensify as governments double down on climate goals
Job growth for the United States in April 2021 might not have quite matched expectations with a disappointing increase of 266,000 jobs and an unemployment rate rise for the first time since 2020, but executive search and staffing firm Cannabiz Team’s latest Cannabis Industry Salary Guide for Q2 2021 tells a different story for the cannabis market.
Promoters of Medical Cannabis in Missouri said the fledgling business continues to see major success. Medical Cannabis officials said dispensaries seem to be the only business without a hiring problem. In fact, they are dealing with the opposite, too many people want to work there. They said Missouri dispensaries are setting records for tax revenue
Nearly a decade ago, Linda Greene was having dinner with some of her friends when she heard that marijuana had been legalized for medicinal use in Washington, D.C. Having lived through the 1960s counterculture, she saw an opportunity. Greene opened Anacostia Organics in 2019. The push to open the medicinal marijuana dispensary began after Greene sa
Oregon businesses growing and selling cannabis want the ability to sell their product to people in other states, but until the federal law changes making marijuana legal, Gov. Kate Brown says her hands are tied, according to the Portland Business Journal. Sixteen states and Washington, D.C., have legalized the sale and use of marijuana for recreati
Cannabis compliance for licensees is finally emerging from the shadows into the forefront as regulators move from the application phase to the operational phase. In performing Freedom of Information Act (FOIA) requests and reviewing online compliance audit reports and letters to licensees, there are a number of specific issues regulators are requir
Cannabis business owners seeking to sell their operations on the secondary market are sitting in the catbird seat, experts say. Multistate operators wishing to expand their footprints are fueling demand, as are investors entering the market anticipating federal marijuana reform. “With $1.6 billion in capital raised in January alone, public cannabis
Will Marijuana Stocks Continue To Rise This Month? Original link
California’s Siskiyou County has identified a novel way to evaporate the growing number of illegal cannabis farms sprouting up in a state that seems to forever be on the brink of drought: restrict where water trucks can go. Original link
Mario B. Williams has never been one to shy away from a fight. As head of NDH Law, the Atlanta-based attorney has worked on behalf of jail inmates, immigrants, the mentally disabled and minorities who have won settlements against police agencies,. Original link
In the US state of Massachusetts, protected farmland can now be utilised for growing cannabis. Massachusetts’ Agricultural Preservation Restriction (APR) Program, established in the 1970’s, is a voluntary program that pays owners of farmland the difference between the “fair market value” and the “agricultural value” of their land in exchange for a
