WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
5 Women CEOs Discuss Diversity and Representation in Cannabis
Since the inception of Cannabis & Tech Today, we’ve spoken with industry-leading female entrepreneurs to discover their secrets for success. In this exclusive panel, they share their concerns, their advice, and their experiences as some of the first women to pioneer the space. What’s one of the biggest issues you would fix in the cannabis industry?
Accountability is a long-term goal for industries that are intrinsically tied to racial justice. Cannabis is one of those industries. While it seems the news cycle has possibly shifted its focus from the Black Lives Matter movement to other issues, righting systematic wrongs is still an important ongoing responsibility for entrepreneurs within the
Growth opportunities remain in cannabis, but it requires creativity, enterprise and knowledge, according to top investors. Take this for an investing conundrum: Where do you put your money in an industry with enormous upside but where many companies don’t yet make profits? An industry where some states consider it “essential business” but the count
Part of building a returning customer base is investing in a company brand; however, dispensaries in legal markets across are regulated differently state-by-state, limiting the options for traditional marketing, such as radio or TV ads, billboards, distribution of brochures in public spaces, and more. In many states, retailers are permitted to sell
A Detailed Look at Cannabis Sales in Illinois, Maryland and Massachussetts We are pleased to share with our readers overviews on three Eastern cannabis markets compiled by BDSA for the month of April. BDSA offers a full understanding of the evolving cannabis market though several offerings, including its GreenEdge Retail Sales Tracking, Consumer In
As Arkansas’ medical marijuana industry blossoms, with the state issuing more licenses for cultivation centers and dispensaries to serve more than 60,000 authorized Arkansas patients, cultivators are pushing back against a narrative that short wholesale supplies have kept prices too high for some patients to buy. “The argument for issuing additiona
Cannabis is legal in a majority of states but remains illegal at the federal level. This legislative divide creates uncertainties that dissuade most federally regulated banks from servicing the cannabis industry. With banking providers in short supply, cannabis businesses are struggling to earn and maintain the same access to financial services as
Cannabis and its derivative products are all the rage right now. State after state legalizes its recreational use and dispensaries all over the country are making loads of money. The medicinal aspects of the plant are also heavily taken advantage of by big pharmaceutical companies, with new, branded drugs being released with cannabis as their prima
The U.S. Hemp Industries Association (HIA) has appointed two new members to its board of directors. HIA named Tim Gordon, Chief Science Officer at CBD maker Functional Remedies, and Todd Runestad, an editor at the New Hope Network & Natural Products Insider website, to board positions, the Association announced in a press release. “The addition of
Since the beginning of the year, marijuana companies have seen dramatic declines due to concerns regarding oversupply in Canada and the uncertainty of legalization in the U.S. Year to date as of June 28, the ETFMG Alternative Harvest ETF (NYSEMKT:MJ), an exchange-traded fund tracking the performance of pot stocks, has declined by more than 25%. Dur
The hemp industry prides itself on being more sustainable, but behind that image there’s still waste and room for improvement. In theory, farming hemp should not be considered damaging to the earth at all. In fact, hemp can be regenerative to the soil on which it’s farmed. Yet due to the dramatic consumer demand that companies are rushing to meet,
Jamaica has a very long history with the cannabis plant. Cannabis is a big part of the culture in Jamaica, is used for religious purposes throughout the country, and grows very well there. Some of the best cannabis on the planet is cultivated in Jamaica, and the island nation is home to an emerging medical cannabis industry. Adult-use cannabis rema
It's been almost two years since Canada legalized cannabis and pot producers have spent millions of dollars marketing their wares in the hope that consumers would know their Tweeds from their Trailblazers. Most of that money may have been completely wasted, according to a new survey that looks at how well Canadians can identify some of the brands
Cannabis stocks have lost about a quarter of their value in the first half of 2020, compounding a 50 per cent drop in 2019. The upside for investors? There’s never been a better time to do distressed deals, according to Codie Sanchez, managing director at private equity firm Entourage Effect Capital LLC. Liquidity in the sector has been diminishing
SovereignPort CEO Sarah Roberts Yetman speaks to MCN about the future of the global CBD market and fears over the long term impact of COVID-19. Original link
Believe it or not, we're nearly halfway through 2020. It's been a rough year so far for many marijuana stocks, although a few have fared much better than others. I expect that the overall cannabis industry will gain some momentum over the next six months. If I'm right, that should be good news for the stocks of leading cannabis companies. But what'
Stephen J Wyatt, founder and CEO of Hemp Futures, based in Estonia, tells MCN about the importance of customer engagement and accountability. Estonia-based CBD producer Hemp Futures was founded in 2019 with the goal of creating ‘clean, green and organic’ products; and operates across more than 68 hectares of certified organic land. “Estonia is a hi
