WeedLife News Network

SHEDIAC CAPE – CRYSTAL CURE INC. IS NEW BRUNSWICK’S FIRST CANNABIS PRODUCER TO LAUNCH ON-SITE SALES.

CEO Jonathan Wilson said Crystal Cure is the first to roll out Cannabis NB’s FarmGate program and among the first in Canada to roll out an on-site store.

“It’s a huge deal for us. To be able to sell directly to customers is absolutely huge. It gets people coming to our facility as we build it up, modernized and evolve to become a great destination,” said Wilson.

Crystal Cure opened its Le Backdoor retail site November 18 and Wilson noted its first FarmGate customers were members of its 12-person staff.

The stores in Uptown and West Town are being sold to Miami-based Ayr Wellness, which grows and sells cannabis across multiple states.

A Florida-based pot giant is planning to purchase a pair of popular Chicago weed stores in a blockbuster $55 million deal, sources told the Chicago Sun-Times on Sunday.

Dispensary 33’s two shops in Uptown and West Town are being sold to Miami-based Ayr Wellness, which grows and sells cannabis across multiple states and trades publicly on the Canadian Securities Exchange and the U.S. “penny stocks” market. A public announcement was expected Monday morning.

Thinking about applying for a cannabis business license in New Jersey? According to Emily Seelman, Founder and CEO of Canna Business Services, you will need to act fast.

New Jersey is what we would consider a "competitive state" for licensing. This means that many MSOs (multi-state operators) and newcomers alike will be clamoring for licenses because the round opens quickly and priority will be given to those that get their applications in first. With the State's cap on cultivation licenses, limiting the number of licenses that will be awarded, hopeful applicants are aiming to submit the most robust and competitive applications possible.

Cannabis delivery businesses hoping to set up shop in Novato will now have fewer location options under new restrictions passed by the city this week.

The Novato City Council voted unanimously on Tuesday to require delivery businesses to be at least 600 feet away from residentially zoned areas. At the same time, the council loosened location restrictions for cannabis testing laboratories.

The new restrictions for delivery businesses are a response to concerns raised by San Marin residents earlier this year about a delivery service that sought to set up in their neighborhood.

VANCOUVER, BC, Nov. 19, 2021 /PRNewswire/ - Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) (TSX: VFF) today reported that the Delta, British Columbia operations of both Pure Sunfarms (cannabis) and Village Farms Fresh (produce) have not incurred any disruption from the severe weather recently experienced in the region and, to date, continue to operate as usual. A previous "State of Emergency" declared for the Delta area has since been cancelled. 

Something smells funky in Florida's medical marijuana industry — and it's not coming from a smoldering joint.

Back in 2016, an agent for the Federal Bureau of Investigation (FBI) secretly recorded Tallahassee developer J.T. Burnette — who has since married Kim Rivers, CEO of the multimillion-dollar Florida-based cannabis giant Truelieve — boasting that he and his childhood friend, then-Florida house member Halsey Beshears (R-Monticello), tweaked a cannabis bill signed into law in 2014 that governed the state's then-fledgling medical marijuana industry by cordoning off access to commercial licenses.

Legalising cannabis could bring Germany annual tax revenues and cost savings of about 4.7 billion euros ($5.34 billion) and create 27,000 new jobs, a survey said on Tuesday as politicians thrash out rules for the budding sector.

Legalising cannabis could bring Germany annual tax revenues and cost savings of about 4.7 billion euros ($5.34 billion) and create 27,000 new jobs, a survey said on Tuesday as politicians thrash out rules for the budding sector. Chancellor-in-waiting Olaf Scholz and his centre-left Social Democrats (SPD) are in talks with the environmentalist, pro-spending Greens and the libertarian, business-friendly Free Democrats (FDP) to build a three-way coalition.

More than a decade ago, the seeds of a new industry were planted in the Grand Canyon State. Voters approved Proposition 203, which created Arizona’s medical marijuana program. The law allowed patients with qualifying conditions to purchase cannabis products from licensed dispensaries. To address demand for medical cannabis, the Arizona Department of Health Services (ADHS) was given regulatory powers over the nascent sector. In the years since, a robust cannabis industry has grown in Arizona within the bounds of Prop 203.

In March 2021, Curaleaf Holdings, one of the largest cannabis companies in the United States, acquired EMMAC Life Sciences Group (now Curaleaf International), one of the largest vertically integrated companies in the European medical cannabis landscape.

Given his experience in the medical cannabis industry, Antonio Costanzo has noticed clear progress in the market. He also thinks European countries will allow the use of recreational cannabis in the next four years.

Here’s why Canadian cannabis stocks such as Canopy Growth and Auxly can help you beat the market in the future.

Investors who buy individual stocks aim to outpace the broader markets over a period of time. But doing so requires a ton of expertise, patience, and foresight to understand long-term trends. Canadian cannabis stocks touched record highs soon after marijuana was legalized in Canada at the federal level. But these companies have grossly underperformed the broader markets in the last three years.

As environmental disasters are increasing, we need to look to sustainable building, and hemp could be the answer.

Hemp could be the building material that accelerates the sustainable industry.

The year 2020 marked a devastating time period for myriad reasons. Among the pantheon of pain was the immense damage brought on by natural disasters. In early 2021, the National Oceanic and Atmospheric Administration (NOAA) released its billion-dollar disaster report, calling 2021 a “historic year of extremes.” 

Police said 4,000 pounds of hemp flowers were taken from the business on Seagate Way just before 6:40 p.m.

An armed robber broke into a hemp flower wholesaler in Oceanside Wednesday night, confronted an employee, and made off with $1.3 million worth of product, Oceanside police said.

Someone called police just before 6:40 p.m. to report spotting at least one person outside the Cultivaris Hemp business on Seagate Way, said police spokesperson Jennifer Atenza.

The caller, who was monitoring security footage, also said they couldn’t reach an employee who was at the business.

GALLOWAY TWP. - Stockton University next week will host the Cannabis Career Fair and Business Expo, bringing a slew of industry leaders to the campus to provide insight and talk about open positions at their respective companies.

Beginning at 8:30 a.m. Nov. 17, the expo will feature keynote speakers and former NFL players Dominique Easley and Jordan Reed, who now own cannabis apothecary Legacy Partners. Those in attendance will also have the opportunity to have professional headshots taken as they talk with potential employers.

Cannabis earnings season is here, and there are some terms you should watch out for as they could signal trouble.

Many cannabis companies are reporting their quarterly results in November. And for investors, it can sometimes be difficult to interpret the numbers as cannabis earnings reports are often littered with adjustments and gains or losses, making it challenging to determine whether the company really had a good quarter.

But there are some ways you can quickly scan beyond just how the company did on its top and bottom lines to see whether there are any problems you need to be paying close attention to. Here are three words you don't want to see come up on an earnings report or call.

Following the green light from the USDA, hemp should finally (legally) appear Idaho fields again next year.

Idaho was the last US state to have a ban on hemp cultivation. In April this year, the state’s senate voted in favour of HB 126, the Industrial Hemp Research and Development Act. HB 126 was subsequently signed into law by Governor Brad Little not long after.

But that didn’t mean cultivation could begin. The Idaho State Department of Agriculture was tasked with developing a hemp plan in harmony with the 2018 Farm Bill, which then required the USDA’s approval. On November 1, that approval was granted.

You'd be making much more than if you had invested in an index fund.

When you're evaluating which stocks are worth holding for decades, it pays to look at a company's past performance so that you can judge its merits. In the case of an up-and-coming business like Innovative Industrial Properties, (NYSE:IIPR) sometimes a couple of years is all it takes to build the foundations of a fortune. 

As a real estate investment trust (REIT), a big part of this stock's appeal is its dividend, but its forward annual dividend yield is only 2.31%. Does that mean people who invested a couple of years ago should be disappointed in the company's dividend growth performance? Absolutely not. In fact, they should be very pleased. Here's why.

Cannabis does not need to have a large carbon footprint, but it does, and it’s not going away anytime soon.

Weed really does grow “like a weed” in some parts of the country. As states legalize medical and recreational marijuana, however, most natural growing has been tossed aside and replaced with energy-laden practices.

Some farming techniques use shocking amounts of electricity and natural resources while simultaneously pumping harmful toxins into the environment. If left unchecked, these growing methods may have lasting effects on the environment and global climate.