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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.

Ascend Wellness announces one of the largest debt deals ever among Cannabis Companies

Ascend Wellness announces one of the largest debt deals ever among Cannabis Companies Image Cannabis NewsJuly 16, 2024 Company is using proceeds of $235 million debt offering to prepay a three-year note. Ascend Wellness on Monday announced one of the largest-ever debt-raising transactions for a U.S. cannabis company, with a $235 million private placement of 12.75% senior secured notes due in 2029. Ascend Wellness Marijuana Politics Marijuana Business News Market Watch

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California awards $2M to Cannabis restoration projects

California awards $2M to Cannabis restoration projects Image Cannabis NewsJuly 16, 2024 The California Department of Fish and Wildlife recently announced an award of over $2M to be divided between three cannabis restoration projects. The awards come amid fish and wildlife within the state being “severely impacted by illicit cannabis cultivation practices including unlawful water Cannabis Technology News Marijuana Business News Cannabis Jobs Fox40

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Snoop Dogg Opens First Pot Shop And Launches 2Pac Cannabis Line

Snoop Dogg Opens First Pot Shop And Launches 2Pac Cannabis Line Image Cannabis NewsJuly 16, 2024 Snoop Dogg Launches First Licensed Cannabis Dispensary Near LAX. Hip-hop icon Snoop Dogg opened his first licensed cannabis dispensary over the weekend, offering Los Angeles residents and visitors a glimpse into the rapper’s world and a new option for legal marijuana purchases. Dubbed S.W.E.D. for Recreational Marijuana News Marijuana Business News Forbes

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European Cannabis companies start IPO planning as US considers looser rules

European Cannabis companies start IPO planning as US considers looser rules Image Cannabis NewsJuly 15, 2024 Federal authorities are proposing to reclassify marijuana as a less dangerous drug A number of European cannabis start-ups are planning to go public in New York to take advantage of a US proposal to reclassify marijuana as a less dangerous drug and decriminalisation in Germany, despite depressed Marijuana Business News Financial Times

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Nine Rochester shops raided in state Cannabis crackdown

Nine Rochester shops raided in state Cannabis crackdown Image Cannabis NewsJuly 15, 2024 New York Task Force Raids Nine Unlicensed Cannabis Shops in Rochester. New York authorities raided and shuttered nine Rochester businesses last month as a new task force attempts another crackdown on unlicensed weed shops statewide. State officials have been struggling to gain control of illegal Marijuana Politics Marijuana Business News Cannabis Jobs Democrat & Chronicle

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Cannabis product retailers bristle at new North Dakota rules

Cannabis product retailers bristle at new North Dakota rules Image Cannabis NewsJuly 15, 2024 New rules for cannabis products sold in North Dakota went into effect July 1, but members of the industry said it’s already difficult running a hemp business in the state. The new rules implemented by the North Dakota Agriculture Department are aimed at addressing more detailed labeling on cannabis Medical Cannabis News The Bismarck Tribune

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Hemp law fiasco shows need for bigger look at Iowa Cannabis laws

Hemp law fiasco shows need for bigger look at Iowa Cannabis laws Image Cannabis NewsJuly 15, 2024 In 2025, Iowa lawmakers need to take a holistic look at cannabis and marijuana in all forms to decide what regulations actually contribute to safety. Iowa’s overbearing regulation of cannabis products, including for supervised medical use, has produced impatience and frustration for years. Now it’s Recreational Marijuana News Cannabis Jobs Des Moines Register

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California State Fair rolls out on-site sales, consumption of Cannabis

California State Fair rolls out on-site sales, consumption of Cannabis Image Cannabis NewsJuly 15, 2024 The addition of a sales and consumption area is a first for any state fair in the nation, organizers say. Cannabis history is happening at the California State Fair and if you don’t know it’s there, you just might miss it. Behind a monolithic building, past museum-like exhibits that wind the Medical Cannabis News Recreational Marijuana News Courthouse News Service

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Why haven't Ohio Recreational Marijuana sales started yet?

Why haven't Ohio Recreational Marijuana sales started yet? Image Cannabis NewsJuly 15, 2024 Over 100 Ohio medical cannabis dispensaries could sell recreational marijuana soon, but they still have a few boxes to check. Over 100 Ohio medical cannabis dispensaries are on their way to selling recreational marijuana − but they still have a few boxes to check before sales can begin. The Division Marijuana Politics Marijuana Business News The Columbus Dispatch

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Ricky Williams on Cannabis, Stress Management, and His New Business Ventures

Ricky Williams on Cannabis, Stress Management, and His New Business Ventures Image Cannabis NewsJuly 15, 2024 Ricky Williams: The Heisman Winner And NFL Legend Credits Cannabis For Helping His NFL Career, New Business Venture. Discover how Ricky Williams credits cannabis for prolonging his NFL career and aiding stress management, despite facing multiple suspensions. Read his insights and journey in the Marijuana Business News Cannabis Jobs Saints News Network

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DC eases Cannabis licensing barriers but few new growers or manufacturers

DC eases Cannabis licensing barriers but few new growers or manufacturers Image Cannabis NewsJuly 15, 2024 Real Estate Hurdles Stall Medical Cannabis Growth in DC. While new medical cannabis dispensary locations in D.C. are popping up across the city, growers and manufacturers have been left behind despite going through the licensing process months before retailers. Over 120 businesses in both Cannabis Technology News Marijuana Business News Cannabis Jobs The Outlaw Report

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Congress Accidentally Legalized Weed Six Years Ago

Congress Accidentally Legalized Weed Six Years Ago Image Cannabis NewsJuly 15, 2024 Drive through Durham, North Carolina, where I live, and you might get the impression that marijuana is legal here. Retail windows advertise thc in glittery letters and neon glass, and seven-pointed leaves adorn storefronts and roadside sandwich boards. The newest business near my house is the Stay Recreational Marijuana News Marijuana Politics Marijuana Business News The Atlantic

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Wiz Khalifa arrested for Cannabis possession in Romania

Wiz Khalifa arrested for Cannabis possession in Romania Image Cannabis NewsJuly 15, 2024 Wiz Khalifa Arrested at Romanian Festival Amid Anti-Drug Campaign. US rapper Wiz Khalifa was escorted off stage by police after he seemingly consumed cannabis while performing at the "Beach Please" festival in eastern Romania. US rapper Wiz Khalifa was charged on Sunday with illegal drug possession Cannabis Technology News Recreational Marijuana News Marijuana Politics DW.com

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Cannabis businesses in rural Rice County paused until 2025

Cannabis businesses in rural Rice County paused until 2025 Image Cannabis NewsJuly 12, 2024 Rice County Implements Moratorium on Cannabis Businesses in Rural Areas. Inside incorporated cities of Rice County, businesses that are part of the cannabis industry are still permitted to operate. In the rural areas though, they’re likely to wait until next year. The moratorium was placed by the Marijuana Business News Northfield News

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Truck driver gets probation in Marijuana trafficking case

Truck driver gets probation in Marijuana trafficking case Image Cannabis NewsJuly 12, 2024 California Man Sentenced to Probation After Trafficking 360 Pounds of Marijuana in Oklahoma. A 56-year-old man from Stockton, Cal. — arrested following a traffic stop on Highway 51 by Oklahoma Highway Patrol Trooper Ryan Long for trafficking 360.8 pounds of marijuana in Stillwater — has been placed Marijuana Business News Cannabis Jobs 1600 KUSH

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Retail Marijuana lottery winners avoid losing their licenses

Retail Marijuana lottery winners avoid losing their licenses Image Cannabis NewsJuly 12, 2024 Cannabis Dispensary Licensee Faces Deadline to Secure Store Location in Illinois. Just one winner of a cannabis dispensary license is at risk of losing it tomorrow when a deadline hits for pot-shop licensees to have found a location for their stores. It’s a far lower number than many had feared. The Marijuana Business News Cannabis Jobs Crain's Chicago Business

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Almost $11M from Missouri's adult use Marijuana program transferred to agencies

Almost $11M from Missouri's adult use Marijuana program transferred to agencies Image Cannabis NewsJuly 12, 2024 Missouri Transfers Nearly $11 Million from Adult Use Marijuana Program to State Agencies. This week, the Missouri Department of Health and Senior Services (DHSS) transferred almost $11 million in funds from the adult use marijuana program to state agencies. The $10,918,344 is split evenly between Medical Cannabis News Recreational Marijuana News KOMU

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Florida officials impose penalties on 2 hemp companies for offering products 'appealing to children'

Florida officials impose penalties on 2 hemp companies for offering products 'appealing to children' Image Cannabis NewsJuly 12, 2024 Their action comes after lawmakers approved hemp age restrictions and a prohibition on products 'appealing to children' in 2023. Florida’s Department of Agriculture and Consumer Services is taking what it calls “historic” action against two Florida hemp companies for allegedly making and selling Recreational Marijuana News Marijuana Business News WPTV

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Alabama’s stalled rollout of Medical Marijuana hurting patients, chief advocate warns

Alabama’s stalled rollout of Medical Marijuana hurting patients, chief advocate warns Image Cannabis NewsJuly 12, 2024 Urgency Intensifies for Medical Cannabis Availability Amid Legal Stalemate in Alabama. A chief advocate for medical marijuana stressed a sense of urgency Thursday during a meeting of the Alabama Medical Cannabis Commission in Montgomery, telling the commission that by the hundreds, Alabamians with Marijuana Business News Cannabis Jobs Alabama Daily News

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Lucid Green raises $1.4M to fuel expansion plans

Lucid Green raises $1.4M to fuel expansion plans Image Cannabis NewsJuly 12, 2024 The cash injection will help the company further refine its InventoryAI within the LucidID ecosystem. Cannabis tech company Lucid Green pulled off another successful fundraising round, gaining access to $1.4 million in new capital with which to enhance its suite of products and services for plant Cannabis Technology News Marijuana Business News Green Market Report

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