WeedLife News Network

Canopy Growth shares plunge after debt reduction plan announced Image Cannabis NewsJuly 17, 2023 Shares of Canopy Growth Corp, fell more than 30 percent after it announced it has signed deals with its secured and unsecured lenders to reduce its debt, but will issue 90.4 million shares plus new convertible debt to do so. Shares in the cannabis compa

Canopy Growth shares plunge after debt reduction plan announced Image Cannabis NewsJuly 17, 2023 Shares of Canopy Growth Corp, fell more than 30 percent after it announced it has signed deals with its secured and unsecured lenders to reduce its debt, but will issue 90.4 million shares plus new convertible debt to do so. Shares in the cannabis compa

Legal use Cannabis in France Image Cannabis NewsJuly 14, 2023 The French may like wine, but cannabis is complicated. While world-renowned hashmaker Frenchy Cannoli may have been a true cannabis evangelist, educating the masses on how to make high quality hash, unfortunately, the country he hailed from, France, has very different views of cannabis.

Backlash prompts San Diego to retreat from proposed vast expansion of where dispensaries can open Image Cannabis NewsJuly 14, 2023 The proposal to expand zoning was scaled back, and parts of La Jolla, Mission Beach and Old Town were eliminated. SAN DIEGO - Complaints and criticism have prompted San Diego officials to back away in part from recent p

Connecticut Cannabis sales hit record high at six-month mark Image Cannabis NewsJuly 14, 2023 Connecticut smashes sales records as Cannabis industry flourishes: multi-state operators vie for hybrid licenses. Combined medical and adult-use cannabis sales in Connecticut hit another record high for the state in June, and multi-state operators are movi

Executives re-enact Boston Tea Party to protest Cannabis tax rule Image Cannabis NewsJuly 14, 2023 A demonstration in Massachusetts on Wednesday re-enacted the Boston Tea Party to protest IRS rules that unfairly tax cannabis businesses. Executives from a Massachusetts-based cannabis company dressed in colonial garb aboard a ship in Boston Harbor on

Missouri official vows to conduct survey on Cannabis business demographics Image Cannabis NewsJuly 14, 2023 A key criticism of the medical marijuana program was the Black community was left out of the cannabis industry. But the state has yet to conduct a survey to find out. For the first time, a state official has publicly vowed to push for a demog

Taylor Swift attends Questlove’s infused party in New York City Image Cannabis NewsJuly 14, 2023 I feel the lavender haze creepin’ up on me. The Stoned Swifties have reason to celebrate. On Tuesday night in New York City, Taylor Swift attended a party hosted by the iconic musician Questlove of The Roots. Given that Swift is the Bob Dylan of our era

Cannabis stocks finally go green thanks to TerrAscend Image Cannabis NewsJuly 14, 2023 Cannabis investors have been mired in a bear market for almost two years as stocks plunged as much as 90%. Now it seems TerrAscend’s (OTC: TSNDF) uplisting to the Toronto Stock Exchange (TSX) was the catalyst needed to bump stocks higher. However, it wasn’t the u

Cannabis company Canopy Growth signs deals with lenders to reduce debt Image Cannabis NewsJuly 14, 2023 Canopy Growth Corp, says it has signed deals with its secured and unsecured lenders that it expects will help the cannabis company reduce its total debt by about $437 million over the next six months. The company says the moves are also expected

Secret Service finds Cannabis in White House Image Cannabis NewsJuly 14, 2023 The Secret Service Uniformed Division confirmed Thursday that it had discovered marijuana in the White House twice last year. The news comes on the heels of finding cocaine in the West Wing. (Benzinga) What happened: A couple of hours after the agency closed its investiga

Cookies executives accused of fraud Image Cannabis NewsJuly 14, 2023 Prominent Cannabis brand Cookies faces third lawsuit alleging fraud and misconduct by executives. Cookies, a prominent cannabis brand launched by San Francisco rapper Berner, is back in hot water after a new lawsuit was filed last week alleging the brand’s executives used fraud to

Out-of-State visitors now able to buy Medical Cannabis in New Hampshire Image Cannabis NewsJuly 13, 2023 Both out-of-state visitors and visitors from Canada will now be able to purchase medical cannabis in New Hampshire. New Hampshire’s Alternative Treatment Centers (ATCs) will now be able to dispense medical cannabis to visitors given they hold va

As the Cannabis industry grows, how does law enforcement handle people driving high? Image Cannabis NewsJuly 13, 2023 As New York's cannabis industry continues to evolve, law enforcement faces a new challenge: people driving high. Smoking cannabis before or while driving is illegal with similar punishments to driving under the influence of alcohol.

Medical Marijuana sales in Arkansas could set new record Image Cannabis NewsJuly 13, 2023 Medical marijuana sales in Arkansas are on track to set a new record this year, state officials said. From January through June, patients spent $141 million to buy a little more than 29,000 pounds of marijuana, according to the Arkansas Department of Finance a

Decoding the Cannabis maze: navigating the legal quandaries of THC variants Image Cannabis NewsJuly 13, 2023 There is a lot of confusion surrounding the legality of these THC variants due to the openness of stores’ advertisements. However, a little science should help clear the air. You have probably seen many brick-and-mortar and online stores cla