WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Kristen Wyatt ~ Associated Press ~
DENVER (AP) -- Colorado's attempt to create a bank to service its marijuana industry has received a setback from the Federal Reserve.
Thad Moore ~ Washington Post ~
Tobacco isn’t the reliable cash crop it once was. And that has hundreds of other farmers across the South revisiting a plant from deep in the region’s past: industrial hemp.
Kathleen Burke ~ MarketWatch ~
If you’re a small-business owner and marijuana has been legalized in your state, should you care?
Debra Borchardt ~ Forbes ~
It didn’t take long before marijuana companies would be treated like any other company, and that means getting sued.
Elizabeth Hernandez ~ The Denver Post ~
Colorado recreational marijuana sales are close to $60 million in August 2015; medical marijuana sales climb slightly.
Jennifer Kaplan ~ Bloomberg ~
A possible end to the era of $20,000 of cash stuffed into bags.
Nina Mehlhaf ~ KGW.com ~
PORTLAND, Ore. -- After just one week of recreational marijuana sales, Oregon dispensaries have raked in an estimated $11 million.
Gordon Friedman ~ Statesman Journal ~
At least two collective bargaining contracts between Oregon cannabis workers and the dispensaries that employ them have been signed, and more are expected to partake in collective bargaining as the industry develops.
Ted Shorack ~ BendBulletin.com ~
Medical marijuana dispensaries remained busy throughout the weekend after opening their doors for recreational sales Thursday.
Hal Bernton ~ Seattle Times ~
Thursday marked Day 1 of recreational-marijuana sales in Oregon. The competition for customers between Portland and Vancouver, Wash., is now officially on.
Daniel Bukszpan ~ Fortune.com ~
Some CEOs characterize it as a youthful indiscretion, while others say they’ve been at it for years. Either way, it’s not career destroying.
Julie Kliegman ~ TheWeek.com ~
Even as legalization continues to spread, and opportunities in the cannabis industry seem widely available, it can actually be tough for small business owners to cash in on the boom.
Meg Carter ~ Independent.co.uk ~
The change in US cannabis laws has led to a growing market in food and drink laced with the drug, as Meg Carter reports.
Craig Hlavaty ~ Chron.com ~
Texas country music legend and pot prophet Willie Nelson has found an investor for his Willie's Reserve private marijuana label.
Scott Keyes ~ The Guardian ~
Legal marijuana tax revenues have been breaking records in Colorado this summer, nearly doubling monthly numbers from last year and on pace to exceed projections of legal sales that bring revenue back to the state.
Jamie McGee ~ The Tennessean ~
Marijuana is illegal in Tennessee, but when and if the law changes, the business opportunities will be vast — along with the risks.