WeedLife News Network

The Israeli company’s main product is a metered-dose inhaler for pain reduction treatment using medical cannabis. Philip Morris, the international tobacco giant, is acquiring the Israeli company Syqe Medical in a deal that could reach $650 million, Calcalist has learned. Syqe’s main product is a

Missouri’s marijuana industry is making a major milestone Friday as pot sales in the state continue to smash records. Adult-use recreational sales got the green light back in February. Since then, the Show-Me state has sold an average of $4 million of legal cannabis every day. In June alone

Support for the legalization of recreational marijuana in Florida is gaining steam ahead of potential placement on the state ballot, which experts say could lead to more local and state tax revenue. The ballot initiative, which would allow for full adult use and possession of cannabis products for

State-level regulations are preventing the California cannabis industry from flourishing. Since 2020, over 50 Californian states have implemented regulation to enable retail sales of adult use cannabis, however, Hirsh Jain at Ananda Strategy has highlighted that only 18 dispensaries have opened

Greenlane Holdings, one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced the launch of the Cara+ portable concentrate device by house brand Groove. Greenlane launched the Groove brand in Fall 2022 to offer

At Empire Cannabis Clubs in Chelsea, an unlicensed cannabis dispensary, law enforcement agents on Wednesday made their way inside the store, seized product and handcuffed one of its owners. During a simultaneous raid at the store’s Lower East Side location, co-founder Lenore Elfand was arrested

Shares of Canopy Growth Corp, fell more than 30 percent after it announced it has signed deals with its secured and unsecured lenders to reduce its debt, but will issue 90.4 million shares plus new convertible debt to do so. Shares in the cannabis company were down 30 cents, or about 35 percent, at

The proposal to expand zoning was scaled back, and parts of La Jolla, Mission Beach and Old Town were eliminated. SAN DIEGO - Complaints and criticism have prompted San Diego officials to back away in part from recent proposals to sharply expand where in the city dozens of new cannabis dispensaries

Connecticut smashes sales records as Cannabis industry flourishes: multi-state operators vie for hybrid licenses. Combined medical and adult-use cannabis sales in Connecticut hit another record high for the state in June, and multi-state operators are moving in to obtain hybrid licenses, including

A key criticism of the medical marijuana program was the Black community was left out of the cannabis industry. But the state has yet to conduct a survey to find out. For the first time, a state official has publicly vowed to push for a demographics survey of cannabis business owners — addressing a

Is a Major Acquisition Brewing in the Cannabis Industry? Any deal may have very little to do with expanding geographical boundaries. Consolidation in the cannabis industry is inevitable. Companies are struggling right now, burning through cash amid mounting losses. It may only be a matter of time

A Meta spokesperson clarified the implications for the new CBD-related ad policy. Major social media platforms continue to gradually warm up to cannabis. As Meta rival Twitter announced it will allow some CBD and THC ads last February, Meta is taking steps as well by continuing to loosen up

Any time a new industry is in its earliest stages of development, there are likely to be unforeseen obstacles. That’s certainly true of the fledgling recreational cannabis industry in Minnesota. However, among the biggest obstacles is one everyone is aware of but can’t do much about. Most federally

The results of a recent study show interesting results regarding the potency of ground flower based on different particle sizes. Researchers at DELIC Labs recently published a study analyzing how the size of ground cannabis flower in today’s cannabis joints can impact a consumer when smoking. DELIC

West Palm Beach Mayor Keith James cast the tie-breaking vote on a final motion to prohibit new medical marijuana dispensaries to open and operate in the city limits during Monday night’s meeting. In a 3-to-2 vote, the city commission made it official to ban future shops. This will not impact the

A Rhode Island cannabis dispensary is challenging the state's legalization law. The Boston Globe reported that Greenleaf Compassionate Care Center in Portsmouth is fighting the requirement that retailers must enter into labor agreements to sell recreational cannabis. Workers at Greenleaf voted to

Senate Bill 846 has been introduced in Pennsylvania which aims to legaise cannabis in a bis to generate tax revenue and create new jobs. The bill – introduced by Sens. Dan Laughlin (R-49) and Sharif Street (D-3) – addresses safety by setting the minimum cannabis consumption age at 21 years old. It

LEXINGTON - The hemp industry in Kentucky was said to be the replacement for tobacco, but it failed to meet expectations. The industry is struggling, and candidates for Kentucky Agriculture Commissioner agree that it is not in good shape. “I hope that there is a way that we can make this a very

Medical marijuana sales broke a record in the first six months of 2023, showing a progressive increase in the popularity of cannabis since the first dispensary opened four years ago. From January to June of 2023, Arkansans spent $141 million on medical marijuana products, totaling 29,057 pounds of

4Front and Trulieve both disclosed declines in staffing for June. Despite a quieting of headline-making layoffs in the cannabis industry over the past year, the industry continues to face challenges ranging from a robust illicit market to the lack of any progress on federal legislation. And as a