WeedLife News Network

Canopy Growth once worth $19 billion is now heading to zero Image Cannabis NewsJune 27, 2023 Canopy Growth shares were under pressure for a second day as analysts questioned whether the Canadian cannabis grower could reduce its cash burn and turnaround operations. Benchmark slashed its price target on the firm to zero. The stock has dropped 78% thi

6 ways Philadelphia's Medical Marijuana industry has changed since city's first dispensary opened Image Cannabis NewsJune 26, 2023 Restore was the first and only medical marijuana dispensary in Philadelphia when it opened for business in Fishtown in May 2018. Flash forward five years and the city is now home to 16 medical marijuana dispensaries, wi

Glenville puts pause on introduction of Cannabis law Image Cannabis NewsJune 26, 2023 GLENVILLE - Plans to introduce legislation allowing retail marijuana sales in town are on hold for the foreseeable future as lawmakers continue to assess the impacts of the state’s budding marijuana industry. Supervisor Chris Koetzle said Friday town lawmakers are

State wants to educate public on safe use of Marijuana Image Cannabis NewsJune 26, 2023 The Regulation and Licensing Department acknowledges the benefits cannabis has brought to New Mexico — but still wants to cover a few things about it. ALBUQUERQUE - The addition of recreational and medicinal marijuana has its perks according to local businesses

Nevada issues first Cannabis consumption lounge licenses Image Cannabis NewsJune 26, 2023 Cannabis regulators in Nevada have issued the state’s first three conditional licenses for cannabis consumption lounges. Visitors to Las Vegas will soon have places to legally smoke weed as Nevada regulators have issued the state’s first three conditional lice

Chronic Cannabis use shows promise to prevent brain damage in athletes Image Cannabis NewsJune 26, 2023 According to a new study, pot can offset the effects of repeated blows to the head, which is especially beneficial for athletes. In recent years, conversations around cannabis as it pertains to athletes and the sports industry have amped up. Betw

Cannabis delivery services could help jump-start CT adult-use sales Image Cannabis NewsJune 26, 2023 When John “Jack” Cochran visited the Virginia home of his former player and retired NFL star Jordan Reed several years ago for a birthday party, he had no idea he’d leave with a business idea and entrepreneurial mindset. But that’s exactly what happ

Budding union efforts in Michigan’s Cannabis Industry Image Cannabis NewsJune 26, 2023 Marijuana licenses could be in jeopardy if bills go unpaid Although Michigan’s marijuana market surpassed $2 billion in profits last year, price volatility has continued to loom like a dark cloud. The recreational flower price per ounce was $90.64 in May, slowly

Cops improperly used Marijuana smell to search car Image Cannabis NewsJune 26, 2023 The state Supreme Court said in a unanimous ruling Thursday that police officers improperly used the smell of marijuana to search a man’s car on the New Jersey Turnpike in 2016, a decision that allows the man to withdraw his guilty plea to a weapons offence. The rul

Senate committee approves bill allowing Veterans Affairs to recommend Pot to veterans in legal States Image Cannabis NewsJune 26, 2023 Veterans’ demands are finally being answered with the passing of an amendment dedicated to the access of medical cannabis. The Senate Appropriations Committee approved a spending bill last Thursday that includes an

Class-action lawsuit launched against Canopy Cannabis over financial reporting Image Cannabis NewsJune 26, 2023 The lawsuit says the company admitted that it overstated revenue for its BioSteel subsidiary, causing investors economic loss. A B.C. investor has launched a class-action lawsuit against Canopy Growth Corp., one of Canada’s largest cannab

Pot use lower among Illinois teens who live near Medical Dispensaries Image Cannabis NewsJune 23, 2023 An Illinois teenager living in a zip code with a medical cannabis dispensary is less likely to have used pot, according to new research. The findings, which come from researchers at the University of Illinois Urbana-Champaign, showed that “about 1

NY seizes 1,000 pounds of illicit marijuana worth about $10M in crackdown on illegal shops Image Cannabis NewsJune 23, 2023 New York authorities have seized about 1,000 pounds of illegal marijuana products worth about $10 million from 31 different shops accused of illegally selling cannabis across the state, Gov Kathy Hochul said Thursday. The raid

Missouri to be testing ground on plain Cannabis packaging Image Cannabis NewsJune 23, 2023 For decades, there's been a global movement urging "plain packaging" on tobacco products - or packaging with limited colors and frills - after numerous studies found it makes cigarettes less appealing to young people. Missouri will soon be a testing ground to

Feeling high correlates with greater symptom relief for Medical Cannabis patients Image Cannabis NewsJune 23, 2023 Greater symptom relief and positive side effects were experienced by participants in this study. A study published by the University of New Mexico (UNM) in the journal Frontiers in Pharmacology found that patients who feel high after u

Eat, vape, or flame, which Medical Cannabis method is right for You? Image Cannabis NewsJune 23, 2023 Do you know your Medical Marijuana IQ? While that’s not an actual thing, knowing oneself can play a big role in deciding which method of ingestion is right for you. For example, are you new to treating your ailments with cannabis? Does smoking both