WeedLife News Network

 StandardC, a leader in cannabis & marijuana banking and financial services, announced today that its lending partner had closed the first $5 million loan from their newly established $200M fund for a leading marijuana cultivator using the StandardC platform.  This partner has extensive experience in the cannabis lending industry, facilitating real estate loans and deploying growth capital for companies like Harborside, Caliva, and other multi-state operators (MSOs). 

Get your engine started with a cup of Lambo-branded, CBD-spiked coffee.

Lamborghini’s “Tonino Lamborghini” lifestyle brand has emblazoned the Raging Bull badge on watches, shades, bags, and now, CBD-infused coffee. Autoevolution reports that the Italian marque’s merchandizing arm is joining forces with Canadian cannabis company Flora Growth to bring coffee infused with the non-psychoactive cannabinoid to market.

Turner Valley Oil and Gas, Inc. (the "Company") ("Turner") (OTC PINK:TVOG), now doing business as Turner Venture Group, Inc., is pleased to announce the acquisition of a Texas-based Hemp / CBD consumer packaged goods (CPG) Company ("Hemp Operator") operating with 3 existing retail stores and a national e-commerce sales presence.

After years of running local head shops and CBD stores, Evan Somogyi is planting the proverbial seeds to try to capitalize on the eventual recreational marijuana market in Virginia.

The owner of Kulture Smoke and Vape plans to relocate his Chesterfield outpost this spring to a former gas station at 10150 Hull St., where he’ll eventually aim to open a recreational marijuana dispensary.

The venture hinges on the expected opening of the recreational side of the industry in 2024, as laid out by the General Assembly last year. And while the rules for the nascent industry are still being set, Somogyi is willing to lay the groundwork now.

“We plan to build out the dispensary as if it were selling the adult-use cannabis,” Somogyi said.

Best Cannabis Stocks To Watch In 2022

Are you looking for the best marijuana stocks to buy going into 2022? In December the top cannabis stocks to invest in have declined to their lowest trading levels in 2021 this month. This year delays with Congress passing any federal cannabis reform have severely impacted how pot stocks performed in the market. This year of declines could be a good opportunity for new investors looking to invest in the growing cannabis industry.

Two Texas CBD stores are being sued by a former employee who says they illegally scammed workers of overtime pay.

The lawsuit filed Monday accuses two CBD USA Plus franchises managed by Jay Ashley and Jamie Ashley of having workers shuffle between stores in Sherman and Denton, both in North Texas, to avoid paying overtime.

Adult-use recreational marijuana sales begin on New Year’s Day 2022. From possession limits to travel tips, here’s what you need to know to keep on the right side of the new law.

On Jan. 1, 2022, adult-use recreational marijuana will become available for purchase in Montana. The launch of the new market raises a wide range of questions, from how much marijuana an individual can possess, to whether they can consume it in a national park, to the types of products that will be available for purchase.

Read on for answers to those questions, and many more, in this MTFP guide to the state’s post-prohibition marijuana marketplace. 

The first recreational cannabis dispensary in Round Lake Beach is planned to open in the spring, after approval this week by village officials.

VISE Partners LLC received a special-use permit to open a shop called Altius in a former mattress store and original Blockbuster location at 993 E. Rollins Road, an outlot in the Rollins Crossing shopping center just east of Route 83.

"Rec" is finally for real in Taunton.

On Monday, Commonwealth Alternative Care became the first of up to eight marijuana dispensaries licensed to sell pot to recreational users. The 30 Mozzone Blvd. business has been selling marijuana to folks with medical cards for more than three years. Dave German, general manager of Taunton operations, gave a tour of the recreational and medical shop at the front of the company's sprawling location, which includes 100,000 square feet where they grow weed and manufacture pot products.

"We're excited with the new recreational sales ability, so welcome to our dispensary," German said Monday.

Philly Startup Leaders is scrapping its programming lineup and launching a new set of startup accelerators focused on the cannabis industry and ethical entrepreneurship.

The nonprofit will launch its two new accelerators in the spring, with 10 spots open for each program. Applications for the “Cannabiz” accelerator opened last week, and the ethical entrepreneurship application window will open Jan. 10.

Philly Startup Leaders’ flagship idea-stage accelerator, Founded in Philly Series I, will have its 10-week format replaced by a workshop program scheduled for the weekend of Feb. 18. It will kick off two other accelerators in the fall focused on industrial innovation and consumer packaged goods.

The most influential show in the industry welcomed a national audience to the Moscone Center in San Francisco and introduced the exciting new BLOOM: A Brands Experience

The National Cannabis Industry Association ("NCIA"), the largest and oldest national trade association advancing the interests of the legal cannabis industry, is pleased to reflect on the impact and experience of its successful 7th Annual Cannabis Business Summit & Expo. Taking place December 15 - 17, 2021, at the Moscone Center in San Francisco, California, #CannaBizSummit gathered together an exclusive lineup of more than 125 speakers, over 80 educational sessions, and hundreds of exhibitors for a national audience at the industry's most influential event and B2B trade show.

A couple of Michigan cannabis dispensaries are in the spirit of giving back with clothing and toy drives this holiday season. They’re also offering discounts, giveaways, and free prerolls to anyone who makes a donation. So get your Christmas trees (we're talking cannabis, not pine, duh) while donating to families in need this holiday season.

If you want a free preroll, donate to the Toys for Tots drive at Pharmhouse Wellness in Grand Rapids until Dec. 23. Toys must be unopened and valued between $10 and $15. The company told the Metro Times they’ve gotten about 50 toys donated so far and have still have plenty of prerolls to give out, so get in while the getting's good.

Kaizen Extracts offers Cold Cure Rosins and high-quality vaping and smoking solutions; just read this review to learn more.

The method you select while curing your rosin can have a vast effect on the flavor and consistency of your final product.

While warm curing is usually done at temperatures ranging from anywhere between 90 and 135 degrees Fahrenheit, cold curing is usually done in a sealed jar between the temperature of 40 to 70 degrees Fahrenheit. The jar is left sealed for anywhere between 24 and 72 hours.

Sacramento police are investigating a series of burglaries targeting local cannabis distributors.

The thieves are breaking into warehouses in the early morning hours and taking off with up to $100,000 worth of marijuana.

A bent and busted iron fence was just some of the damage left behind by a crew of cannabis crooks.

“They cut gates, they drove vehicles through walls, they pulled out all the stops to get in,” said Brandy Moulton, CEO of Sovereign.

Sacramento police say there’s been more than 50 marijuana business break-ins since August, including at least six in just the last week.

A nonprofit that supports Ohio’s medical marijuana industry is undergoing changes after its CEO stepped down at the beginning of December to make way new leadership.

Ally Reaves, a longtime member of the medicinal cannabis industry and the founder of another regional nonprofit, took the reins of the Pickerington-based Cannabis Can from Bridget Williams, who left the position on Dec. 1.

Reaves is the founder and president of the nonprofit Midwest CannaWomen, which seeks to elevate women in the medical marijuana industry.

The holiday season is here, and while most industries will see a slight decline in profits, marijuana sales are expected to go up. Reports from Leaflink show that cannabis sales rose by more than 30% in the week leading up to Christmas last year, in comparison to the previous four weeks of 2020. Additionally, sales on Christmas Eve last year rose by 61%, in comparison to the previous four Thursdays.

Leaflink, a unified marijuana platform, also reports that on the days leading up to Green Wednesday November, they saw an increase of more than 10% in sales. If sales from Green Wednesday are any indication, the cannabis market will see a significant jump in sales this year.

Next year will mark the 10th anniversary of the passage of I-502, the ballot initiative that Washington voters approved 56–44% in November 2012, becoming – along with Colorado – the first states in the nation to take the plunge into marijuana legalization.

I-502 created a regulated market that generates hundreds of millions in tax dollars for the state through the sale of small amounts of marijuana and other cannabis products to those 21 and over.

A lot has changed in the last nine years, but some key aspects of the policy remain the same, and the industry says it is time for updates.

From CBD healing to epic highs to gourmet meals, Black entrepreneurs are revolutionizing cannabis (again)

Cannabis has been a significant staple in Black culture for generations. Its decriminalization has allowed many Black entrepreneurs to legitimately sell the world’s most popular and once-stigmatized recreational drug.

If you’re looking for a Christmas gift this year that puts your loved one on “Cloud 9”, here are 12 Black-owned cannabis companies that you should consider:

 “Please do not make us play this game!” A ski resort about 70 miles northeast of Fresno is warning visitors about using marijuana on its property.  In an Instagram story posted on Sunday, China Peak Mountain Resort said its plan to “crack down on its use” was brought on by complaints over the weekend. 

After noting marijuana use is legal in California, the resort wrote, “Use is illegal at our resort, as we are 100% on United States Forest Service federal land and must operate by their FEDERAL rules.”

Visitors who use marijuana at China Peak will face consequences, the resort said.