WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
NYC Cannabis fund set to deploy capital to struggling Cannabis businesses within five boroughs
Business & Finance
NYC Cannabis fund set to deploy capital to struggling Cannabis businesses within five boroughs Image Cannabis NewsJune 19, 2024 New York City Finalizes Cannabis Loan Fund to Support Cash-Strapped Businesses. A public-private fund for New York City’s cash-strapped cannabis businesses, which lagged in getting off the ground, was finalized Tuesday and
‘Sovereign flex’: How a tribe defied officials through Cannabis
Business & Finance
‘Sovereign flex’: How a tribe defied officials through Cannabis Image Cannabis NewsJune 18, 2024 In a converted bingo hall deep in the Appalachian Mountains, Myrtle Driver led the charge to defy the state of North Carolina. The spry 80-year-old, a venerated member of the Eastern Band of Cherokee Indians, handed a cashier a string of purple wampum b
Investigation Finds Pesticides in California Licensed Vapes
Business & Finance
Investigation Finds Pesticides in California Licensed Vapes Image Cannabis NewsJune 18, 2024 An investigation has revealed the presence of potentially dangerous pesticides in licensed cannabis products in California. An investigation into the safety of cannabis products for sale on the shelves of licensed California pot dispensaries has revealed un
California lender says low default rates indicate ‘healthy’ Cannabis industry
Business & Finance
California lender says low default rates indicate ‘healthy’ Cannabis industry Image Cannabis NewsJune 18, 2024 According to FundCanna's Adam Stettner, cannabis companies have a lower default rate than mainstream businesses. Despite recent media focus on various U.S. cannabis markets being in decline and lamentations of marijuana business failures g
Why the FDA will have a hard time properly Regulating Cannabis
Business & Finance
Why the FDA will have a hard time properly Regulating Cannabis Image Cannabis NewsJune 18, 2024 The Food and Drug Administration has done a generally exemplary job of executing its mandate throughout its 118-year modern history. But the federal rescheduling of cannabis, which President Biden recently confirmed is moving forward, will pose unique ch
Honor Thy Father: The Saga Of A Drug Smuggler’s Son
Business & Finance
Honor Thy Father: The Saga Of A Drug Smuggler’s Son Image Cannabis NewsJune 17, 2024 Brady Cobb’s Sunburn Cannabis: A Legal Tribute to His Smuggling Father. Brady Cobb founded Sunburn Cannabis as a tribute to his dad, a legendary “saltwater cowboy” who once operated a $300 million ring smuggling Colombian weed into Florida. Bill Cobb was sentenced
Construction kicks off on Norwalk's only drive-thru Cannabis dispensary; to be done by end of 2024
Business & Finance
Construction kicks off on Norwalk's only drive-thru Cannabis dispensary; to be done by end of 2024 Image Cannabis NewsJune 17, 2024 The Shangri-La drive-thru will open at 75 Connecticut Ave. Excavators are at work at Shangri-La’s incoming drive-thru dispensary site at 75 Connecticut Ave., leading up to an opening expected at the end of the year, ac
Pesticide Contamination in California Cannabis Products: A Growing Health Crisis
Business & Finance
Pesticide Contamination in California Cannabis Products: A Growing Health Crisis Image Cannabis NewsJune 17, 2024 California Cannabis Crisis: Dangerous Pesticides Found In Popular Weed Products, Investigation Reveals. A joint investigation by The Los Angeles Times and cannabis industry newsletter WeedWeek has revealed alarming levels of pesticides
A California crackdown on ‘diet weed’ could devastate patients who rely on CBD
Business & Finance
A California crackdown on ‘diet weed’ could devastate patients who rely on CBD Image Cannabis NewsJune 17, 2024 Legislation Threatens Access to Lifesaving CBD for Patients. You may have heard the extraordinary story of Charlotte Figi, the little Colorado girl who was dying from unrelenting, violent seizures until her parents decided to try cannabid
Cannabis company Columbia Care to cut costs and sell its Florida business
Business & Finance
Cannabis company Columbia Care to cut costs and sell its Florida business Image Cannabis NewsJune 17, 2024 Cannabist, the parent of Columbia Care, to shed workers as part of $10 million in savings. Cannabist Co. Holdings Inc. said Monday it will reduce its workforce by an amount that has yet to be determined and will divest its holdings in Florida
Maryland to Issue Over 175,000 Pardons for Marijuana Convictions
Business & Finance
Maryland to Issue Over 175,000 Pardons for Marijuana Convictions Image Cannabis NewsJune 17, 2024 Governor Wes Moore to Sign Largest State Pardon Order for Cannabis Convictions in Maryland. More than 150,000 misdemeanor convictions for simple possession of cannabis will be affected by the order, which also will cover more than 18,000 misdemeanor co
Michigan Passes California As Nation’s Largest Cannabis Market
Business & Finance
Michigan Passes California As Nation’s Largest Cannabis Market Image Cannabis NewsJune 14, 2024 Michigan Surpasses California as Top Cannabis Market by Volume. Michigan has passed California as the nation’s largest cannabis market, but the Golden State still leads in the dollar sales amount. Cannabis market firm BDSA says Michigan has sold more gra
A new threat to Cannabis users: Smuggled Chinese pesticides
Business & Finance
A new threat to Cannabis users: Smuggled Chinese pesticides Image Cannabis NewsJune 14, 2024 Dangerous Chinese Pesticides Found in California Cannabis Farms Raise Health and Regulatory Alarms. In coordinated raids last September, multiple California agencies stormed a network of illegal cannabis-growing warehouses across Oakland while state cannabi
Marijuana production, retail license regulations eyed by Minneapolis
Business & Finance
Marijuana production, retail license regulations eyed by Minneapolis Image Cannabis NewsJune 14, 2024 Minneapolis Prepares for Cannabis Legalization with Comprehensive Zoning Amendments. As recreational marijuana becomes legal throughout Minnesota, leaders in the state’s largest city are looking to define a wide swath of regulations for businesses
Mired in red tape, $20 billion legal Cannabis industry seeks government help
Business & Finance
Mired in red tape, $20 billion legal Cannabis industry seeks government help Image Cannabis NewsJune 14, 2024 The marijuana industry is thriving. Last year the $21 billion industry grew by over 5%, faster than the U.S. economy as a whole. At the same time, states from California to Massachusetts have decided the industry needs to be subsidized. A c
Marijuana giant Trulieve to pay $350K fine tied to Mass. employee’s death
Business & Finance
Marijuana giant Trulieve to pay $350K fine tied to Mass. employee’s death Image Cannabis NewsJune 14, 2024 Leading Cannabis Company Fined $350,000 Over Employee Death. One of the nation’s leading marijuana companies has agreed to pay a $350,000 fine tied to the death of an employee who suffered an asthma attack at its Massachusetts production plant

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