WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Only 27% Of US Cannabis Operators Are Profitable Image Cannabis NewsJuly 19, 2024 New Research Shows Only 27,3% of US Cannabis Businesses Are Profitable. As the cannabis industry braces for possible changes, new research reveals a stark reality: only 27.3% of U.S. cannabis businesses are turning a profit. Beau Whitney, founder and chief economist a
Hydroponic supply store for homegrown Cannabis opens Image Cannabis NewsJuly 17, 2024 Gabriel Zamorano Launches Medatron: A New Hub for Home Cannabis Growers in Meriden. As a longtime home cannabis grower, Gabriel Zamorano followed his passion and opened Medatron at 626 E. Main St. after retiring from Ulbrich steel. In addition to offering growing
State's fair becomes first to legally sell Cannabis Image Cannabis NewsJuly 17, 2024 A state's fair has become the first to legally sell cannabis. The California State Fair made history when it opened over the weekend. Sunday marked the first time that cannabis could be bought, and consumed, at a state-sanctioned fair in the United States. Recreati
Illegal Cannabis products found inside ceiling of business Image Cannabis NewsJuly 17, 2024 2 Bronx businesses raided by NYPD, NYC Sheriff's Office in huge cannabis bust. Two Bronx businesses allegedly serving as fronts for marijuana distribution operations were shut down early Wednesday. Officials said this is one of the biggest busts the NYPD and
The Genesis of Financial Services in Cannabis Image Cannabis NewsJuly 16, 2024 Limited cash flow, towering tax bills and restricted access to financial services are not setting up the industry for success. Historically, the cannabis industry has faced a multitude of roadblocks. This comes as no surprise to you, I’m sure, as it’s only until recently
Michigan Cannabis Sales Slow Image Cannabis NewsJuly 16, 2024 Michigan Cannabis Sales Reach $278.8 Million in June 2024, Showing Slowest Annual Growth in Over Two Years. Michigan cannabis sales for June fell sequentially decreased 0.3% from April. At $278.8 million, sales, which were up from May on a per-day basis, were up 6.9% from a year earlier,
Drug-impaired driving arrests in Olmsted County increase by 700% after Minnesota legalizes marijuana
Drug-impaired driving arrests in Olmsted County increase by 700% after Minnesota legalizes marijuana Image Cannabis NewsJuly 16, 2024 Drug-Impaired Driving Arrests Surge in Olmsted County Following Cannabis Legalization. he sheriff's office recorded four drug-impaired driving arrests in 2023. This year, there have been 32. In the first six months o
Cannabis clinical trials hampered by lack of GMP Cannabis Image Cannabis NewsJuly 16, 2024 Clinical Trials in Canada Face Delays Due to GMP Cannabis Shortage. Despite having government approvals and millions of dollars in funding, clinical trials involving cannabis are being delayed in Canada, some by several years, due to an unintended consequence
Managing your green in the Cannabis industry Image Cannabis NewsJuly 16, 2024 Cannabis-related businesses need more than just financial options; they need a financial partner to help navigate the complex industry. The cannabis industry is booming, but for those running a cannabis related business (CRB), the journey to success often feels like navig
California awards $2M to Cannabis restoration projects Image Cannabis NewsJuly 16, 2024 The California Department of Fish and Wildlife recently announced an award of over $2M to be divided between three cannabis restoration projects. The awards come amid fish and wildlife within the state being “severely impacted by illicit cannabis cultivation pra
European Cannabis companies start IPO planning as US considers looser rules Image Cannabis NewsJuly 15, 2024 Federal authorities are proposing to reclassify marijuana as a less dangerous drug A number of European cannabis start-ups are planning to go public in New York to take advantage of a US proposal to reclassify marijuana as a less dangerous d
Nine Rochester shops raided in state Cannabis crackdown Image Cannabis NewsJuly 15, 2024 New York Task Force Raids Nine Unlicensed Cannabis Shops in Rochester. New York authorities raided and shuttered nine Rochester businesses last month as a new task force attempts another crackdown on unlicensed weed shops statewide. State officials have been st
Ricky Williams on Cannabis, Stress Management, and His New Business Ventures Image Cannabis NewsJuly 15, 2024 Ricky Williams: The Heisman Winner And NFL Legend Credits Cannabis For Helping His NFL Career, New Business Venture. Discover how Ricky Williams credits cannabis for prolonging his NFL career and aiding stress management, despite facing mul
DC eases Cannabis licensing barriers but few new growers or manufacturers Image Cannabis NewsJuly 15, 2024 Real Estate Hurdles Stall Medical Cannabis Growth in DC. While new medical cannabis dispensary locations in D.C. are popping up across the city, growers and manufacturers have been left behind despite going through the licensing process months
Cannabis businesses in rural Rice County paused until 2025 Image Cannabis NewsJuly 12, 2024 Rice County Implements Moratorium on Cannabis Businesses in Rural Areas. Inside incorporated cities of Rice County, businesses that are part of the cannabis industry are still permitted to operate. In the rural areas though, they’re likely to wait until next
Truck driver gets probation in Marijuana trafficking case Image Cannabis NewsJuly 12, 2024 California Man Sentenced to Probation After Trafficking 360 Pounds of Marijuana in Oklahoma. A 56-year-old man from Stockton, Cal. — arrested following a traffic stop on Highway 51 by Oklahoma Highway Patrol Trooper Ryan Long for trafficking 360.8 pounds of m
