WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
2 Marijuana Stocks To Watch Before Next Month As marijuana stocks still battle to reach higher market levels some are still holding a decent market position. Many investors are worried about the uncertainty with the current downward trading cannabis stocks are facing. Now, this is not to say some many new and seasoned investors haven’t been loading
The new cannabis shop on Route 66 had a spa aesthetic: light-colored wood, spacious layout, greenery. Two miles outside Asbury Park, Zen Leaf Neptune was greeted warmly the other day by tourism officials of the iconic Jersey Shore town. “It’s a revenue driver,” said Sylvia Sylvia, (@sylviasquared) executive director of Asbury Park’s Chamber of Comm
Rules taking effect this week in the U.S. could cause serious headaches for companies making hemp-based vape products due to broad definitions in a law aimed at curbing vape sales to minors — perhaps putting a crushing burden on small producers. The Preventing Online Sales of E-Cigarettes to Children Act (2020) comprises revisions to a previous law
When Colorado legalized the retail sale of marijuana in 2012, savvy entrepreneurs saw an opportunity beyond setting up shop in population centers like Denver and Boulder. They realized if they opened cannabis businesses in small towns along the state’s borders, they could attract customers from Kansas, Nebraska, New Mexico, Texas, Utah and Wyoming
When Will The Senate Approve The SAFE Banking Act? A well-respected Senate chairman is working to level out the expectations about a vote in his panel. This is in regards to a bill that would protect banks that work with state-legal marijuana businesses from being penalized by federal law. Recently The SAFE Banking Act was approved by the House app
It is neither a Sativa, Indica, or hybrid. The only aspect that counts when a plant is being termed a sinsemilla is that it must be feminized and unpollinated. Times have truly changed. In the 1970s almost every cannabis farmer, as well as users, could explain something about sinsemilla. Now, less than a quarter of cannabis consumers worldwide can
Stakeholders not currently operating under a NYDAM research partnership agreement will need to wait a bit longer before they may lawfully enter New York’s cannabinoid hemp market. Original link
What does your business value more: increase in daily revenue or new customer acquisition? To help you understand how to grow your business’ revenue beyond April 20th, we’ve interviewed three dispensaries on what their recommendations are for turning first-time customers into lifelong customers. Original link
A recent study reported that Illinois generated $175 million in marijuana sales taxes in 2020, the fifth most in the nation. Currently, 16 states and Washington, D.C., have now fully legalized marijuana, and 11 have retail sales taxes, according to the study released by U.S. Drug Test Centers. Also, adult and youth usage of marijuana also increased
White business owners overwhelmingly dominate Colorado’s cannabis industry, but the market’s lack of diversity could soon change. What’s happening: New efforts at the state and local level are moving forward to foster industry opportunities for communities of color that have been disproportionately harmed by the war on drugs. Original link
A cannabis business is a lucrative one, people who manage to succeed in the business reek in so much profit that on the surface, it looks like an easy thing to do. However, the business can be as dicey as it can be lucrative, which is why you need to get yourself acquainted with these tips that will help you grow your cannabis business. Have a Uniq
Legal marijuana is coming to New York and hemp farmer Samir Mahadin sees it as a potential lifeline. Farmers dealing with depressed prices for plants that produce CBD are eager to take part in a statewide marijuana market expected to generate billions of dollars a year once retail sales start. They already know how to grow and process cannabis plan
As conscious consumerism enters the cannabis world, purchasing decisions may be based more on fair trade and regenerative farming than on orange hairs and THC percentage. With legalization taking hold, the industry has shifted from trying to protect people from the police to trying to protect small businesses from the behemoths that are inevitably
What’s the difference between stepping inside a neighborhood weed store and retail outlets designed to cater to the alcohol consumer? Back when cannabis advocates were first successfully moving to legalize marijuana for recreational use at the state level, one of the most popular phrases used to describe what that might look like is “in a manner si
For the first time that María can remember, half of her marijuana harvest is still in storage on her ranch in Mexico’s Sinaloa state months after it should have been sold. Sitting in her wooden house tucked into the same mountains that produced some of the world’s most notorious drug traffickers, including Joaquín “El Chapo” Guzmán, the 44-year-old
The big news in the cannabis industry this year is that New York has legalized marijuana for recreational use, making it the 15th state to do so. It likely won't be until sometime next year that recreational sales commence, but for investors, it's not too early to start thinking about which companies will capitalize on what's sure to be the next ho
