WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Tips For Cannabis Entrepreneurs Navigating The Rules Of Instagram
Business & Finance
We’ve all seen social media accounts get shut down left and right in the cannabis industry, especially on Instagram. It’s been happening for years, and brands are often left frustrated and scrambling to appeal or get a new account up quickly. When your Instagram account is taken down, the first thing you need to do is file an appeal. If you haven’t
L.A. Considers Social Equity Overhaul for Cannabis Industry
Business & Finance
After a lot of community blowback about not being inclusive enough and a failed attempt at social equity last year, The Los Angeles City Council may adopt new cannabis licensing and social equity plans that would overhaul the existing licensing system.  Original link
6 Steps To Steering Your Cannabis Business To Recovery
Business & Finance
n today's rapidly changing economy, there is a lot of discussion about best practices to successfully emerge from the initial impact of the recent COVID-19 crisis. Original link
Aurora to close five facilities, lay off 700 staff in latest restructuring
Business & Finance
Aurora Cannabis Inc. announced Tuesday it is closing five of its production facilities and laying off about 700 workers as the pot giant continues restructuring its operations in a bid to achieve profitability.  The Edmonton-based cannabis producer said in a statement it is closing five smaller-scale facilities in Quebec, Saskatchewan and Alberta t
Canopy maps out turnaround built on layoffs, drinks, U.S. CBD
Business & Finance
Canopy Growth Corp. is doubling down on its cannabis-infused vapes and drinks, as well as upcoming U.S. CBD products, while continuing to cut costs as it looks to rebuild investors’ trust. The world’s biggest pot company discussed plans to address its sagging market share in the Canadian recreational market as well as its strategy for the U.S. cann
6 LGBTQ Movers & Shakers in the Cannabis Industry
Business & Finance
Members of the cannabis industry often tout their field as one of the most inclusive. The legal cannabis market is, after all, being constructed and furnished right before our very eyes — why wouldn’t it be diverse and accepting and progressive? After all, given the medical marijuana movements close ties to the AIDS crisis (shout out to medical mar
Two Marijuana Stocks To Watch At The End Of June
Business & Finance
These Two Pot Stocks Could Prove to be Important For The Last Week of June Original link
Leading CBD brands in the U.S. still have some inaccurate dosages
Business & Finance
Dosage is very important for cannabis products. The accuracy of them allows people to understand how the drug and its compounds interact with their bodies, helping to prevent overdoses and providing a point of reference when trying new brands and strains. A recent report found that 27 per cent of leading CBD brand products in the U.S. don’t contain
This State Is Home To The Largest Marijuana Black Market
Business & Finance
An increased tax on flower has forced legally operating dispensaries to increase their prices, which makes it hard for them to compete with the black market. Original link
Can Greece Leverage Medical Cannabis to Save Its Ailing Economy?
Business & Finance
Steeped in history, brimming with mythology, and home to beautiful beaches, rich Mediterranean food, and sights like the Parthenon, Greece is also a country fighting economic fallout, and trying to revive its wounded economy. Could the legal medical cannabis industry be Greece’s ticket back to economic security? Original link
April U.S. pot sales show resilience amid shutdown
Business & Finance
U.S. cannabis sales stayed strong in April even as broader retail sales fell by double digits, indicating that the March increase in demand was more than just pantry loading. Total U.S. retail sales fell 21.6 per cent in April from the year prior, yet pot sales in several states posted significant year-over-year gains -- in some cases, even bigger
Why Employee Training Is Your Key To Financial Success
Business & Finance
So, there you are, pondering your finances, there are many expenses and costs that go into running your business and when your budget is already tight, should you add or increase training to the expense list? Why frustrate yourself, looking for ways to train people, when you could be focusing on things like technology, product development or sales
First Missouri Cannabis Grow Facility Is Up And Running
Business & Finance
Missouri has had a rocky road to cannabis reform and medical cannabis expansion so far, but now, the state is poised for success with their own, commercial cannabis grow facility now fully up and operational.  Original link
Hexo Corp. sells Niagara Falls cannabis facility for $10.25 million
Business & Finance
Hexo Corp. says it has sold its facility in Niagara Falls, Ont., for $10.25 million to an undisclosed buyer. The cannabis company announced in March plans to list the facility after reviewing its cultivation assets. Hexo determined that it no longer expected to restart operations, which it halted in November 2019, due to an excess of cultivation ca
Only 3% of Australians using medical weed get it from licit market: study
Business & Finance
nly 3 per cent of Australians using medical cannabis access it through the government’s regulated program, a new study found.  Medical cannabis has been legal in Australia since November 2016, when the government created a system where doctors could prescribe weed to treat various ailments. Original link
Canopy Growth CEO predicts US will legalize weed in 2022
Business & Finance
The chief executive officer of Canopy Growth said this week he expects the United States will legalize recreational marijuana at the federal level in 2022. Speaking to CNBC’s Jim Cramer on his show Mad Money, David Klein said that the growing number of U.S. states legalizing weed will inevitably lead to broader support in Congress that will, in tur

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