WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Green is the new black as cannabis retailers push 'Green Wednesday' as the next big shopping holiday - Cannabis News
Cannabis retailers are pushing "Green Wednesday," the day before Thanksgiving, as the Black Friday for marijuana users.
Oregon marijuana prices dive, and sales soar - Cannabis News
Recreational marijuana sales in Oregon will be nearly $543 million this year, up 29 percent from 2017 and well above economists' expectations, forecasts show.
Nevada breaks another marijuana sales record - Cannabis News
The Nevada Department of Taxation reported on Wednesday that in August, the state collected $8.1 million in taxes alone from cannabis sales. That’s $3.2 million more than the same time last year.
With the passage of Proposal 1 in last Tuesday's midterm election, Michigan attorneys are gearing up for an influx of people interested in the business side of the budding marijuana industry.
Legendary filmmaker and winery owner Francis Ford Coppola is premiering his own marijuana line.
Instead of creating a whole new system of specialized stores to distribute marijuana when it becomes legal, New York should just allow existing liquor and wine retail outlets to sell cannabis to adults. That’s the position of a new advocacy effort launched by owners of booze shops this month.
As cannabis is being infused into mainstream beverages, beauty products, sunscreens, every kind of food imaginable and is now legal in Canada and the majority of the U.S., it seems consumers may have already normalized what was stigmatized not long ago.
"A disproportionate number of minority communities are affected by misdemeanor marijuana offenses," said Tiki Barber, the ex-Giants running back turned sportscaster/entrepreneur who teamed up with Kevin Shin, a financial services veteran.
At the moment, no restaurants are legally allowed to sell cannabis or hemp infused food and beverages although things like hemp grain and oil, hemp protein baking flour are permitted ingredients in edible products.
The cannabis food and drink sector has seen a large increase in patent filings in the last five years, according to a PatSnap report.
What are the next state-legal markets likely to excite the capital markets?
A new report by ArcView shows that branding will be key for edible makers.
A Canadian marijuana company has been granted permission by the U.S. federal government to export medicinal cannabis to California for scientific research.
Coke’s possible foray into the marijuana sector comes as beverage makers are trying to add cannabis as a trendy ingredient while their traditional businesses slow.
Brightfield Group, which has established itself as a thought leader in the CBD space, just announced projections for the hemp CBD industry to become a $5.7 billion market by next year, with a projection of growth by nearly 40x to $22 billion by 2022.
For Desert Hot Springs Inn, a small 61-year-old boutique hotel located 15 minutes away from Palm Springs, California, rebranding as cannabis friendly was a way to adapt to the local economy.
The only coffee company with more locations in Canada than Second Cup is Starbucks.
Oregon weed isn't just the cheapest in the country. Its wholesale prices for outdoor-grown cannabis flower are now the lowest the United States has ever seen.
As legal marijuana enters a new, credible age in the U.S., its connoisseurs are maturing right along with the industry.
