WeedLife News Network

A state of New York notice posted at a business announces the seizure of “illicit cannabis” at a New York City business as authorities crack down on unlicensed smoke shops on June 16, 2023. Maryland may be later than many other states in legalizing cannabis, but those who wrote the state’s laws hope

PORTLAND - Narrowport is a financial technology startup that is pioneering financial solutions that aim to make cash-intensive businesses safer - starting with cannabis. Because of recent violent incidents, the company has launched a new asset for the cannabis industry in Oregon, called the Safe

The marijuana supply chain is an interesting market to follow. Like any agricultural product, there are ebbs and flows to its supply and demand. However, there is one caveat in the marijuana supply chain that makes things a bit trickier: in most states, cannabis products can only be sold and

Florida Attorney General Ashley Moody, a close ally of Republican Gov Ron DeSantis, asked the state Supreme Court to nix a proposed constitutional amendment that would legalize pot in the state. The petition, dated Monday, comes less than a week after DeSantis, a 2024 candidate for president, said

The medicinal cannabis market is booming, but getting dispensaries open is still a slog. Sydney is one approval away from getting its first cannabis dispensary as medicinal cannabis use booms – but there’s a race to be the first on the market. Medicinal cannabis is legal Australia-wide for anyone

Restore was the first and only medical marijuana dispensary in Philadelphia when it opened for business in Fishtown in May 2018. Flash forward five years and the city is now home to 16 medical marijuana dispensaries, with 59 across Southeastern Pennsylvania. Following several years of industry

When John “Jack” Cochran visited the Virginia home of his former player and retired NFL star Jordan Reed several years ago for a birthday party, he had no idea he’d leave with a business idea and entrepreneurial mindset. But that’s exactly what happened. Cochran — who coached high school football

The lawsuit says the company admitted that it overstated revenue for its BioSteel subsidiary, causing investors economic loss. A B.C. investor has launched a class-action lawsuit against Canopy Growth Corp., one of Canada’s largest cannabis companies. The filing in B.C. Supreme Court is the first

For decades, there's been a global movement urging "plain packaging" on tobacco products - or packaging with limited colors and frills - after numerous studies found it makes cigarettes less appealing to young people. Missouri will soon be a testing ground to see if plain packaging has the same

The State of New York is now being sued by a collection of anti-cannabis campaign groups in an effort to force a rollback on legalization. On June 20th, a lawsuit was filed targeting the State of New York, its Governor Kathy Hochul, the Cannabis Control Board and the Office of Cannabis Management

The regulated cannabis market in Minnesota is expected to grow to more than $1,5 billion per year by the end of the decade, according to a projection from Vicente LLP. The regulated marijuana market in Minnesota is expected to grow to more than $1.5 billion per year by 2029, according to a

Gov Kathy Hochul announced results of new enforcement actions to crack down on illegal cannabis shops in New York. Hochul said those stores are a barrier to creating a thriving and equitable cannabis industry. "They are driven by individuals who are flagrantly violating the law," Hochul said. "They

A new report from Whitney Economics Report has found that only 24.4% of U.S. cannabis businesses are profitable. Whitney Economics, a cannabis economics data, consulting and research firm, has published its second annual Cannabis Operator Sentiment and Business Conditions survey report. The survey

THE potential to grow industrial hemp in the tropics is showing promise, with the second year of field trials flourishing at Kununurra. A recent field day at the Department of Primary Industries and Regional Development’s Frank Wise Horticulture Research Institute showcased the progress of an

The global hemp tea market revenue was around US$ 56,7 million in 2021 and is estimated to reach US$ 393,9 million by 2031, growing at a compound annual growth rate (CAGR) of 22,1% during the forecast period from 2022 to 2031. Hemp tea is a particular variety of herbal tea prepared from the leaves

A Louisville-based CBD company has expanded its retail footprint in a big way. Cornbread Hemp recently inked a deal with Fresh Thyme Market, a natural health food retailer headquartered in Downers Grove, Illinois, making its products available in 70 locations throughout the Midwest. That includes

The investment will generate cash flow for its core business, said a statement. Hydrogen Utopia International PLC (HUI) has taken out an option over a 49% stake in Carbon Capture and Sequestration (CCS), which has just agreed to acquire 95% of a medical cannabis cultivator in North Macedonia. CCS is

Senate Bill 277 has been approved by Nevada Governor Joe Lombardo that makes a number of reforms to the state’s cannabis laws. A major task included in the Bill is for the Cannabis Advisory Commission to conduct a review of the potential implications for the cannabis industry if cannabis was removed

In a recent study published in the journal Frontiers in Pharmacology, researchers from The University of New Mexico, in collaboration with Releaf App™, explored the impact of feeling "high" on medical cannabis patient outcomes. In a new study titled, “Understanding Feeling ‘High’ and Its Role in

New York isn’t high on the list of states making money when it comes to harvesting revenues from legal weed sales. The Empire State is not even on track to make a predicted $56 million in its first year of legal weed sales – and that’s just a fraction of what other states made after legalization