WeedLife News Network

Cannabis is legal in Arizona, yet the industry is locked out of banking, creating hardships for businesses and danger in communities. Arizona is on track for more than $1 billion in cannabis sales this year. The state collects hundreds of millions of dollars in associated taxes, and thousands of

The day before Illinois’ spring legislative session ended, lawmakers were poised to pass a wide-ranging cannabis bill that was meant to save struggling small businesses. The measure had largely been agreed upon by stakeholders in months of meetings. But large cannabis companies and some lawmakers

Assemblyman Scott Gray’s bill would punish people who display cannabis roadside ads. Cannabis is so stigmatized that some New Yorker’s don’t even want to see it. One New York Republican wants to remove the eyesore of cannabis billboards and signs throughout the state, and introduced a bill that

Sorting Robotics, a provider of industrial automation solutions in the cannabis sector, has successfully secured $2 million in debt financing. The investment comes from Kiso Capital and Prospeq, who are keen to support the company’s growth initiatives across the cannabis industry’s value chain. The

TJ Lewis has leased a large retail space in Clay and fitted it with display cases and a secure supply room for an array of legal marijuana products. He has 25 people ready to join the payroll. In the past few months, he’s invested more than $500,000 in his project. Lewis is one of more than a dozen

Cannabis medicine is a natural compound-based health solution that has been used for millennia to treat a variety of conditions. Cannabis medicine works by interacting with the body’s endocannabinoid system (ECS), which is a network of receptors found throughout the body. The ECS is involved in a

British American Tobacco (BAT) Increases Equity Stake in Organigram with $125 Million Investment. British American Tobacco (BAT) announced today that it will invest nearly $125 million into New Brunswick’s Organigram, more than doubling its equity position in the cannabis company from about 20% to

A novel CBD infused protein bar could offer “an excellent means for the consumption of products enriched with antioxidants”, a new study has concluded. The authors from Cosenza, Italy, studied the extraction of CBD from different parts of the Cannabis sativa​ L. plant, investigating various extracts

The day before Illinois’ spring legislative session ended, lawmakers were poised to pass a wide-ranging cannabis bill that was meant to save struggling small businesses. The measure had largely been agreed upon by stakeholders in months of meetings. But large cannabis companies and some lawmakers

DEA Proposes Surplus Production Quotas for Cannabinoids and Psychedelics to Support Research. The Drug Enforcement Administration (DEA) has proposed a considerable surplus to the originally-established 2023 production quotas of cannabinoids and psychedelics toward supporting preclinical and clinical

The estimated value of the plants was over £1 million. Police have uncovered a large cannabis factory hidden in a warehouse in Pontypridd. Around a thousand plants were seized on Friday, October 27, when officers conducted a warrant at a unit in Treforest Industrial Estate, following thermal images

Nevada's Cannabis Compliance Board Approves Six Conditional Licenses for Consumption Lounges. Nevada’s Cannabis Compliance Board (CCB) approved six new conditional licences for consumption lounges last week (October 24). Alongside the issuance of half a dozen new licences, the CCB has reportedly

CBD Found in a Common Plant in Brazil - Scientists Explore Alternative Sources. Scientists have found cannabidiol, a compound in cannabis known as CBD, in a very common plant in Brazil, which further opens new avenues for producing the popular substance through other sources. Cannabidiol was found

State's CAURD program was supposed to right generations of wrong surrounding marijuana. Instead, a handful of dispensaries have made millions while others fight to get in the game. Since New York's CAURD application window opened Aug. 25, 2022, the program has been underfunded and repeatedly stalled

The Growing Influence of AI in the Cannabis Industry. As Big Tech releases its latest quarterly operating results this week, a salient trend is getting reaffirmed: Artificial intelligence (AI) is driving massive growth in revenue, profits and share prices in the tech sector, and it will continue to

UB Receives $3,2 Million Grant to Investigate the Impact of Cannabis Use on Cancer Patients Receiving Immunotherapy. A UB psychologist has received a $3.2 million grant from the National Cancer Institute to assess how cannabis use affects patients who receive immunotherapy, a rapidly advancing

Two cannabis industry trade groups in Oregon have merged, joining forces at a troubled time for the state’s regulated marijuana industry. Two cannabis industry groups in Oregon have decided to join forces in a merger that comes amid a downturn in the state’s market for legal marijuana. The two

Chronic pain and depression are two of the most common health conditions found around the globe. Researchers estimate that roughly 1.5 billion people around the world suffer from chronic pain to some degree. Additionally, it is estimated that more than 280 million people suffer from some level of

Aurora Cannabis Resolves Patent Litigation with Willow Biosciences. Aurora Cannabis Inc, the Canadian company opening the world to cannabis, today announced the company and WILLOW BIOSCIENCES, INC ("Willow") have successfully completed a confidential settlement ‎resolving the ongoing patent

A warrant search of a business in the City of Middletown, Splash Infused, that sells tobacco and related products, turned up 95,6 pounds of vegetative marijuana. Also 3,000 other edible marijuana-based products, marijuana vape cartridges, packaging materials and associated paraphernalia. Police