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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Hochul: Cannabis sales reach $1 billion in NY
Business & Finance
Hochul: Cannabis sales reach $1 billion in NY Image Cannabis NewsJanuary 7, 2025 Gov. Kathy Hochul said last week that New York state’s cannabis industry has reached more than $1 billion in retail sales. “This achievement reflects the dedication of entrepreneurs, consumers, and communities who have embraced the legal market and helped to establish
Cannabis conundrum: Legal doesn’t mean clean; illicit isn’t always dirty
Business & Finance
Cannabis conundrum: Legal doesn’t mean clean; illicit isn’t always dirty Image Cannabis NewsDecember 19, 2024 California cannabis regulators and industry defenders argue that despite the proliferation of pesticides found in legal weed, licensed products are still safer and purer than those sold on the underground market. That isn’t always true, acc
Data Shows Young Women Use More Cannabis Than Men— Here’s Why
Business & Finance
Data Shows Young Women Use More Cannabis Than Men— Here’s Why Image Cannabis NewsDecember 19, 2024 Last year young women outpaced men when it came to cannabis use, but what’s behind this historic shift in consumption trends? According to data from the latest Monitoring the Future study, in 2023, women aged 19-30 years reported consuming more cannab
Unique cannabis brand grows from Whidbey roots
Business & Finance
Unique cannabis brand grows from Whidbey roots Image Cannabis NewsDecember 18, 2024 In dispensaries across Whidbey, patrons can find a popular brand of cannabis known for its consistency, kindness to the environment and colorful packaging. What people may not know about the Port Angeles-based weed farm, Falcanna, is that it would not exist without
Unlike Michigan, Ohio has no plans to allow marijuana billboards: The Wake Up for Tuesday, Dec. 17, 2024
Business & Finance
Unlike Michigan, Ohio has no plans to allow marijuana billboards: The Wake Up for Tuesday, Dec. 17, 2024 Image Cannabis NewsDecember 18, 2024 If you’ve driven an interstate highway through Michigan, you’ve been bombarded with billboards for weed. The state approved recreational marijuana five years ago and the ads immediately proliferated, with com
Hemp Industry Leaders - Illinois Healthy Alternatives Association - Applaud Pritzker & Legislators for Wanting to Protect Children
Business & Finance
Hemp Industry Leaders - Illinois Healthy Alternatives Association - Applaud Pritzker & Legislators for Wanting to Protect Children Image Cannabis NewsDecember 17, 2024 Illinois Healthy Alternatives Association (ILHAA) commends Governor Pritzker and State Legislators for wanting to protect children and consumers, but they caution that the current pr
Texas Senate seeks to ban THC. San Antonio shop owner says it's deadly.
Business & Finance
Texas Senate seeks to ban THC. San Antonio shop owner says it's deadly. Image Cannabis NewsDecember 16, 2024 The debate over whether or not marijuana should be legal in Texas has gotten pretty heated over the past few years. Though a misstep by Texas officials back in 2019 rendered many forms of THC legal to sell in Texas, now the Texas Senate’s le
After a prohibition rush, marijuana businesses find fewer possible locations
Business & Finance
After a prohibition rush, marijuana businesses find fewer possible locations Image Cannabis NewsDecember 16, 2024 As Delaware moves forward with issuing recreational marijuana business licenses, many municipalities are establishing their restrictions on where these businesses can open, leaving uncertainty around where licensees will be able to oper
Nearly 70 More Adult-Use Cannabis Business Licenses Issued in New York, But Thousands Still Pending
Business & Finance
Nearly 70 More Adult-Use Cannabis Business Licenses Issued in New York, But Thousands Still Pending Image Cannabis NewsDecember 12, 2024 New York regulators approved 68 adult-use cannabis licenses, but more than 3,000 applications filed a year ago are still pending. That’s partially because regulators want to avoid flooding the market as state-regu
US Cannabis Industry Growth Slows to a Crawl Amid Price Compression and Delayed Federal Reform
Business & Finance
US Cannabis Industry Growth Slows to a Crawl Amid Price Compression and Delayed Federal Reform Image Cannabis NewsDecember 12, 2024 US cannabis industry revenues are set to grow just 3.2% in 2025, as price compression, difficult economic dynamics and an increasingly complex political landscape put the brakes on the sector. According to a new report
Cannabis in NY: OCM provides a year in review
Business & Finance
Cannabis in NY: OCM provides a year in review Image Cannabis NewsDecember 11, 2024 The Office of Cannabis Management provided a year in review by sharing an update on the cannabis industry in New York State during a Cannabis Control Board meeting. New York State currently has 261 adult-use retail stores. OCM said it is a big increase, considering t
The New York Cannabis Market Continues to Soar
Business & Finance
The New York Cannabis Market Continues to Soar Image Cannabis NewsDecember 11, 2024 The New York Office of Cannabis Management held a Control Board Meeting today that was broadcast online. Two months ago, we provided an update regarding the state’s strong growth in adult-use sales, and this extremely bullish story has become even more bullish. Sale
Recreational marijuana sales stabilize in October following sharp September drop
Business & Finance
Recreational marijuana sales stabilize in October following sharp September drop Image Cannabis NewsDecember 10, 2024 Arizona’s recreational marijuana market showed signs of stabilization in October, with dispensaries selling $75.3 million in adult-use cannabis products, up from September’s $67.3 million, according to the latest data from the Arizo
Press Release: Ridder announces partnership with NAVUS CEA Enterprises
Business & Finance
Press Release: Ridder announces partnership with NAVUS CEA Enterprises Image Cannabis NewsDecember 10, 2024 Ridder is proud to announce a strategic partnership with Navus CEA Enterprises, a family-funded investment company with a proven track record in controlled environment agriculture (CEA). Building on a history of successful collaborations as c
These 2 Marijuana Stocks Could Surge Under Trump's Second Term
Business & Finance
These 2 Marijuana Stocks Could Surge Under Trump's Second Term Image Cannabis NewsNovember 21, 2024 The legal cannabis market is projected to reach $102.2 billion globally by 2030, growing at a sizzling 25.7% annual rate, according to a report by Grand View Research. This dramatic growth is expected even without U.S. federal support, but that equat
Coalitions and advocates want to see marijuana decriminalized
Business & Finance
Coalitions and advocates want to see marijuana decriminalized Image Cannabis NewsNovember 21, 2024 In 2022, LEX 18 reported on pushes for the decriminalization of marijuana in the commonwealth and the next year there was a lot of discussion about medical marijuana. Now, in 2025, Kentucky will begin a medical cannabis program. But advocates like Rob

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