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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Legal Marijuana in other states hurts livelihood of California growers
Business & Finance
Legal Marijuana in other states hurts livelihood of California growers Image Cannabis NewsMarch 19, 2024 While marijuana is associated with millions in tax revenue, it has not led to growth in the communities that first brought pot to popularity. Tax dollars have always been seen as one of the best parts of marijuana legalization. In a three-county
How the United States became a major supplier of Weed to Ireland
Business & Finance
How the United States became a major supplier of Weed to Ireland Image Cannabis NewsMarch 18, 2024 Irish gangs are sourcing cannabis from American suppliers after its legalisation in 24 states. Drug trafficking is rapidly evolving in terms of both smuggling methods and money-laundering America has become a significant source of cannabis being smugg
Combined Medical And Adult-Use Cannabis Sales In Colorado Reach $115.4M In January
Business & Finance
Combined Medical And Adult-Use Cannabis Sales In Colorado Reach $115.4M In January Image Cannabis NewsMarch 18, 2024 Colorado Cannabis Sales Hold Steady in January, Year-Over-Year Decline Continues. January cannabis sales in Colorado came in flat compared to December, according to data released by the Colorado Department of Revenue. Combined medica
More funding needed for New York’s Cannabis social equity entrepreneurs
Business & Finance
More funding needed for New York’s Cannabis social equity entrepreneurs Image Cannabis NewsMarch 18, 2024 Challenges and Calls for Equity in New York's Cannabis Industry. In 2023, some 6,900 New Yorkers applied for adult-use recreational licenses, competing for approximately 900 to 1,500 licenses expected to be issued by the NYS Office of Cannabis
Lansing Marijuana business loses licenses over 'illicit' products
Business & Finance
Lansing Marijuana business loses licenses over 'illicit' products Image Cannabis NewsMarch 18, 2024 Michigan Marijuana Business Surrenders Licenses for Mixing Legal and Illicit Products. The Michigan Cannabis Regulatory Agency Thursday announced that a Lansing marijuana business would surrender its medical and adult-use processor licenses because i
Flipping the script: Cannabis lawyer turns Cannabis entrepreneur
Business & Finance
Flipping the script: Cannabis lawyer turns Cannabis entrepreneur Image Cannabis NewsMarch 15, 2024 From Lawyer to Cannabis Entrepreneur: Blake Mensing's Career Shift in Massachusetts. When Massachusetts voters passed a ballot initiative legalizing recreational marijuana in 2016, it opened the door for Blake M. Mensing to establish what would turn o
California Cannabis tax collections are down 20% over two years
Business & Finance
California Cannabis tax collections are down 20% over two years Image Cannabis NewsMarch 15, 2024 Debate Over California's Cannabis Taxes Intensifies as Groups Clash Over Raising Rates. California’s cannabis taxes have long been attacked for being unsustainably high, to the point that even state Attorney General Rob Bonta has called for lowering th
New Buffalo Township pausing new Marijuana dispensary applications
Business & Finance
New Buffalo Township pausing new Marijuana dispensary applications Image Cannabis NewsMarch 15, 2024 New Buffalo Township Puts Pause on Marijuana Dispensary Considerations Amid Surge in License Applications. New Buffalo Township is putting a pause on considering more marijuana dispensaries... after already getting 35 license applications. Currently
CBD startups see opportunity in Georgia’s hazy Cannabis Laws
Business & Finance
CBD startups see opportunity in Georgia’s hazy Cannabis Laws Image Cannabis NewsMarch 15, 2024 Recreational cannabis-based goods try to capture a market that’s still adjusting to legal hemp products. It wasn’t a typical product launch party. Hundreds of guests gathered last weekend at a swanky rooftop lounge in downtown Atlanta to sample drinks, wa
Legislative “fix” in the works for Alabama’s beleaguered Medical Cannabis licensing
Business & Finance
Legislative “fix” in the works for Alabama’s beleaguered Medical Cannabis licensing Image Cannabis NewsMarch 13, 2024 Legislative Fix in the Works to Address Alabama's Medical Marijuana Licensing Issues. A Legislation would expand the number of integrated licenses from five to as many as 15, ending many of the lawsuits currently facing the AMCC. le
Financial relief in sight for NY Cannabis farmers with $128 million Senate plan
Business & Finance
Financial relief in sight for NY Cannabis farmers with $128 million Senate plan Image Cannabis NewsMarch 13, 2024 New York State’s beleaguered cannabis growers may be breathing a bit easier today. That’s because details of the cannabis relief fund were included in the New York State Senate 2024 (one-house) budget plan released on Tuesday. The plan,
Washington Looks To Scrap 37% Excise Tax On Medical Cannabis
Business & Finance
Washington Looks To Scrap 37% Excise Tax On Medical Cannabis Image Cannabis NewsMarch 12, 2024 Medical cannabis patients in Washington could soon no longer have to pay the steep excise tax on their treatment. Washington’s Senate has passed HB 1453, legislation that will exempt medical cannabis patients and designated providers from the 37% excise t
Biggest Challenges for the Cannabis Industry in 2024
Business & Finance
Biggest Challenges for the Cannabis Industry in 2024 Image Cannabis NewsMarch 12, 2024 Challenges and Growth in the Cannabis Industry Amid Evolving Legal Landscape and Economic Factors. The cannabis industry has grown dramatically in recent years in response to expanding legalization and a flood of capital from venture capital firms and other inves
New York State Senate Breaks Ground with Cannabis Legislation Boost
Business & Finance
New York State Senate Breaks Ground with Cannabis Legislation Boost Image Cannabis NewsMarch 12, 2024 New York State Senate Unveils Groundbreaking Cannabis Legislation, Allocates $128 Million for Industry Support and Regulation. In a groundbreaking move, the New York State Senate has unveiled significant strides in cannabis legislation, marking a p
Cannabis store ordered to close for week after selling gummies to minor
Business & Finance
Cannabis store ordered to close for week after selling gummies to minor Image Cannabis NewsMarch 12, 2024 A Kelowna cannabis store will be closed for a week next month after being caught selling THC gummies to a 16-year-old. According to a decision from the BC Liquor and Cannabis Regulation Branch, Prime Cannabis on Pandosy Street sold a five-pack
New Jersey Cannabis sales top $2B in last 6 years
Business & Finance
New Jersey Cannabis sales top $2B in last 6 years Image Cannabis NewsMarch 11, 2024 New Jersey's Cannabis Market Surpasses $2 Billion in Total Sales: Growth Continues with $800 Million in 2023. New Jersey’s cannabis market earned more than $800 million — $800,279,300 — in medicinal and recreational cannabis sales in 2023, according to a Friday anno

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