WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Jay-Z Debuts His New Weed Brand Mongram
Business & Finance
MONOGRAM, Jay-Z's much-hyped weed brand, finally makes its debut after a buzzy introduction back in October.  Back in October, not much was known about the brand, other than it was the brainchild of Jay-Z and Caliva, one of the largest cannabis brands in California, and that it had a mysterious, vibey website with Fela Kuti, Bob Marley and the Wail
What new Arizona marijuana law means for employers
Business & Finance
Recreational marijuana is now legal in Arizona after voters approved Proposition 207, and that will pose some new challenges for employers, said Julie Pace, a Phoenix attorney who specializes in employment and cannabis law. There also is confusion about what the implications are for both employers and employees, said Pace, an attorney with Gammage
5 Top Marijuana Stocks To Watch This Month
Business & Finance
Top Cannabis Gainers: 5 Marijuana Stocks You Should Know Original link
Thailand gears up for marijuana tour
Business & Finance
The Tourism and Sports and Public Health ministries in Thailand are ready to launch the first medical marijuana tour in Southeast Asia next year as they finalised a draft programme for plantations across Thailand. The goal of the tour is to increase awareness of marijuana for medical purposes and inform those who are interested in growing the plant
Hemp Program Lighting Up Florida Agriculture
Business & Finance
Hemp is blazing among Florida’s agriculture inventory in the seven months since it was first allowed to be legally grown in the Sunshine State, Florida Agriculture Commissioner Nikki Fried told business leaders Tuesday. Fried said 22,078 acres are currently licensed for hemp, nearly equal to the acreage in Florida of tomatoes, watermelon and snap p
7 Cannabis Stocks That Should Be Profitable in 2021
Business & Finance
After years of waiting, the big day has finally arrived for North American cannabis stocks. In 2021, more than half a dozen pot stocks are expected to push into the black. This will definitively demonstrate that the legal weed industry is legitimate and can be a serious moneymaker. Original link
Illinois, Iowa farmers betting on the future of hemp
Business & Finance
Students at Muscatine Community College had their crop delayed. It wasn’t rain, but a campus shutdown of one week because of COVID-19 that caused a delay planting their hemp crop. The difference in the weather in that lost week will likely affect the crop’s yield. “That just teaches the students why timing is so critical, and they’ll know that on t
What is Cannabis Industry White-Labeling?
Business & Finance
Getting a cannabis license and building a brand in the industry can be incredibly complex and daunting – which has many producers utilizing a practice known as white labeling. White labeling, or white-label branding, is a common practice in mainstream industries in which a company removes their own brand and logo from the end product and uses anoth
Canopy Growth beverage head to depart amid sluggish drink sales
Business & Finance
The executive in charge of Canopy Growth Corp.'s global beverage unit is leaving less than a year after he joined the company, a high-level departure that comes as the pot giant looks to ramp up sales of cannabis-infused drinks to the Canadian recreational market.  Andrew Rapsey joined Canopy in January and took on the role of global head of bevera
California on track to collect $1 billion in cannabis taxes in 2020
Business & Finance
California is on pace to collect $1 billion in taxes from licensed cannabis sales in 2020, even amid challenges of the coronavirus pandemic and a still thriving black market for it, Gov. Gavin Newsom’s senior adviser on cannabis business said Thursday. Original link
Mississippi Gets Its First Cannabis Trade Association
Business & Finance
Now that Mississippi has officially joined the ranks of U.S. states legally allowing medical cannabis, the next step is more cannabis legislation, as well as a thriving cannabis industry, so the state needs to be prepared. In order to help provide services for those next steps, Mississippi now has an official cannabis trade association.  Original l
West Texas hemp growers see successful first season as crop is prepared for market
Business & Finance
There was a lot of uncertainty surrounding the re-emerging industrial hemp crop in Texas at the start of the year, but now that harvest is complete and more questions have been answered, growers are pleased with the results.  Hemp hasn't been widely grown in Texas for 80 years, and while three licenses were issued by the Texas Department of Agricul
Australian Natural Therapeutics Group receives cannabis oil manufacturing license
Business & Finance
NSW-based Australian Natural Therapeutics Group (ANTG) has been granted a license to produce large quantities of medicinal cannabis oil for commercial use as the industry booms on the back of good news internationally. ANTG will commence commercial manufacturing of cannabis oil at its Armidale facility following receipt of the license from the Ther
How The House Approved MORE Act Would Jack Up The Economy
Business & Finance
Despite the proven track record of cannabis sales in the U.S., Senate Republicans still refuse to go down the path toward legalization. For the first time in history, Congress has voted to legalize marijuana in the United States. Well, kind of. The House of Representatives approved a piece of legislation (MORE Act) last week to eliminate the cannab
U.S. Legal Cannabis Market Projected to Double to $41.5B by 2025
Business & Finance
New Frontier Data Report Shows Passed Cannabis Legalization Initiatives and the Pandemic Increase Consumer Consumption, Igniting Flourishing Industry Original link
Cannabis grower to deliver 200 jobs
Business & Finance
By mid-2021, Pine Bluff is expected to have a new employer arriving in town that will provide as many as 200 jobs paying an average of $19 an hour, and an annual payroll of $9.4 million including benefits. Good Day Farm Arkansas LLC, a medical-marijuana cultivator licensed by the state, received approval last month from the Arkansas Medical Marijua

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