WeedLife News Network

EAGLE - The Securities and Exchange Commission has shut down a ponzi scheme run by a Treasure Valley man that was allegedly operating as a cannabis company. The SEC filing shows Rolf Hirschmann, 52, of Eagle, raised more than $60 million through the company Integrated National Resources Inc. (INR)

A comprehensive overview of the global medical marijuana market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report

Businesses that had hoped to expand into the recreational marijuana business will have to wait another two years before being able to enter the lucrative trade in Montana. That means people who had wanted to apply for a license will have to wait until 2025 before taking advantage of the legalization

In the regulated cannabis sector, retail shrinkage is a concern as business owners must navigate tight regulations in an often cash-only environment combined with the usual causes of retail shrinkage, including theft and inefficient operations. Retail shrinkage occurs when a company loses inventory

A man has been arrested after police discovered a significant cannabis farm. Police were called to a disused business premises in Leyland at around 9:30am yesterday (May 24). Officers discovered about 250 cannabis plants, spread across seven rooms in the building, which have been recovered. A 32

An infectious pathogen inside California’s pot farms is attacking cannabis plants and growing invisibly for months only to spoil a crop just as a farmer is ready to harvest. Scientists believe that it’s in nearly every pot farm in the state and could be causing billions of dollars in damages to the

A Beverly Hills man was charged Tuesday for allegedly soliciting more than $9 million from investors for a nonexistent hemp farm. The suspect, Mark Roy Anderson, 68, is a disbarred attorney who is currently serving an 11.5-year sentence for an unrelated crime at the time of the indictment. In 2012

The requirement to maintain a safe workplace often clashes with state and local laws that protect the rights of individuals who use marijuana while off-duty, creating unique challenges for manufacturing employers. Manufacturing employers still may prohibit the use of marijuana at work, as well as

Cannabis companies lapsed into collective Twitter ecstasy in March when the Bluebird opened its wings and embraced cannabis advertising on its site. (Benzinga) Making history in the process as the first social media site to do so. The hope was that more and more would soon fly into the Twitter nest

BEND - Detectives with the Deschutes County Illegal Marijuana Enforcement team and the Central Oregon Drug Enforcement Team wrapped up a several-month investigation. On Tuesday five Bend and La Pine raids involving a group based in a La Pine-area home who allegedly grew and processed illegal

Oversupply, lack of demand, competition with neighboring legal states, and black market sales, puts Colorado cannabis businesses in a bind. A recent report from The Denver Post analyzes the fallout of the post-pandemic cannabis industry in Colorado. While once the state reached a peak of $226

Officers seized approximately 142kg of pot at Dublin Port. Law enforcement officials in Ireland on Sunday seized hundreds of pounds in “herbal cannabis” at a Dublin port, leading to the arrest of “a man in his 40s.” According to a press release from the Irish Tax and Customs, revenue officers in the

Costa Rica’s medical cannabis market just hit its most recent milestone. Just over a year after legalizing hemp and medical cannabis, Costa Rica’s Minister of Agriculture and Livestock Victor Carvajal signed a resolution to grant authorization to Azul Wellness S.A. to cultivate and process medical

The newly reconfigured agency charged with policing Maryland's illicit cannabis market will set up offices in Baltimore before legal recreational cannabis sales kick off on July 1. The Maryland Board of Public Works last week approved a 24,292-square-foot office lease and a 3,700-square-foot storage

GAYLORD - After voters in the state approved the recreational use of cannabis, Ron Fisk decided to get into the marijuana business with a plan to renovate long-forgotten and neglected buildings in Gaylord and Tawas. In Gaylord, that meant acquiring a gas station on Main Street that had been

BIG RAPIDS - The latest business to join the marijuana industry in Big Rapids incorporates a family dynamic and homegrown product. Cannrose Cannabis, 805 Maple St., held its soft opening Thursday, May 18, which saw an influx of marijuana enthusiasts. The business is family owned and grows its own

This week, congressional reporter Jarrell Dillard takes a look at Washington’s latest cannabis battles. For now lawmakers remain deadlocked. Here’s what's at stake. Hurry up and wait Federal lawmakers have a lot on their plate when it comes to cannabis — from financial rules to marijuana’s rising

The year 2022 marked the year that drug tests administered after workplace accidents showing positive results for marijuana reached the highest level in 25 years, according to a recent Quest Diagnostics analysis. The Quest Diagnostics analysis, unveiled Thursday, showed that positive marijuana urine

Too much supply, not enough demand, plunging prices, a lack of cannabis tourism and more put pressure on marijuana market. The heyday of marijuana sales in Colorado — back in 2020 when recreational and medical sales topped out at a combined $226 million — is a distant memory, as the state’s

Ukrainian-American businessman Lev Parnas and his business partner were arrested in 2019, accused by the US government of funnelling a Russian oligarch’s money into American political campaigns. One recipient of Parnas’ donations -- Florida Governor Ron DeSantis -- has said he was barely an