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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
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
Minnesota may open some of the first government-run Cannabis dispensaries in the US
Business & Finance
Minnesota may open some of the first government-run Cannabis dispensaries in the US Image Cannabis NewsMarch 11, 2024 Minnesota could become the first state in nine years to open cannabis dispensaries that are run by cities and counties. That’s because of one line in the state’s new cannabis laws that allow for cities and counties to “establish, ow
Michigan will pay millions to Oakland County and a handful of communities from taxes collected on Cannabis
Business & Finance
Michigan will pay millions to Oakland County and a handful of communities from taxes collected on Cannabis Image Cannabis NewsMarch 11, 2024 Michigan Distributes $87 Million from Marijuana Sales to Municipalities and Counties: Oakland County Receives $4,38 Million Share. Oakland County and a handful of communities with licensed recreational marijua
Legal Cannabis sellers want Texas CBD market regulated
Business & Finance
Legal Cannabis sellers want Texas CBD market regulated Image Cannabis NewsMarch 11, 2024 Legal cannabis sellers want Texas CBD market regulated. The CEO of Texas' largest legal medical marijuana dispensary is calling on Gov. Greg Abbott and state legislators to regulate the sale of hemp-derived CBD products, including Delta-8 and Delta-9 THC. Why i
Combined Cannabis sales in New Mexico reach $1B
Business & Finance
Combined Cannabis sales in New Mexico reach $1B Image Cannabis NewsMarch 8, 2024 Combined sales grow in large and small communities too. Combined cannabis sales in New Mexico topped $1 billion in New Mexico in February as the two-year anniversary of legal adult-use cannabis sales in the state approaches. In a news release, Gov. Michelle Lujan Grish
Man calls police on alleged Cannabis thief, both get arrested
Business & Finance
Man calls police on alleged Cannabis thief, both get arrested Image Cannabis NewsMarch 8, 2024 Hastings Man Reports Cannabis Theft, Ends Up Charged Alongside Thief. A Hastings man who discovered a person allegedly stealing a cannabis plant from his property called police, who captured the thief and charged both of them. Police received a 111 call a
Head of Ohio Cannabis division says legal sales process is on schedule
Business & Finance
Head of Ohio Cannabis division says legal sales process is on schedule Image Cannabis NewsMarch 7, 2024 Progress on Ohio's Recreational Marijuana Implementation Remains Uncertain. Four months after Issue 2 passed in Ohio, legalizing the recreational sale and use of marijuana, the progress on implementing the new law has been hazy. The Ohio Division
Minnesota may open some of the first government-run Cannabis dispensaries in the US
Business & Finance
Minnesota may open some of the first government-run Cannabis dispensaries in the US Image Cannabis NewsMarch 7, 2024 Minnesota could become the first state in nine years to open cannabis dispensaries that are run by cities and counties. That’s because of one line in the state’s new cannabis laws that allow for cities and counties to “establish, own
Timeline announced for second round of Missouri Marijuana microbusinesses
Business & Finance
Timeline announced for second round of Missouri Marijuana microbusinesses Image Cannabis NewsMarch 7, 2024 Missouri Announces Timeline for Issuing Cannabis Microbusiness Licenses. The Missouri Department of Health and Senior Services announced the timeline on which the next round of cannabis microbusiness licenses will be issued. The department sai
Global Legal Cannabis Market Expected To Reach $58 Billion In 2028
Business & Finance
Global Legal Cannabis Market Expected To Reach $58 Billion In 2028 Image Cannabis NewsMarch 7, 2024 BDSA Forecasts Worldwide Legal Cannabis Sales to Reach $58 Billion by 2028, Driven by US Adult-Use Markets. Top cannabis market researcher BDSA forecasts that the worldwide legal industry will hit $58 billion in sales in 2028 and much of that will be
Cannabis Waste in Washington State Would Be Diverted from Landfills Under New Bill
Business & Finance
Cannabis Waste in Washington State Would Be Diverted from Landfills Under New Bill Image Cannabis NewsMarch 7, 2024 Washington State Bill Aims to Utilize Cannabis Waste for Composting and Hempcrete. All cannabis waste currently gets sent to landfills, but the new law would allow the public to buy non-dangerous plant material to be used in compostin
Florida bill banning Delta-8, many Hemp products ready for DeSantis
Business & Finance
Florida bill banning Delta-8, many Hemp products ready for DeSantis Image Cannabis NewsMarch 7, 2024 Business owners have said the bill could destroy the state’s hemp market and put Floridians out of work. A bill that could dramatically reshape Florida’s hemp market is ready for Gov. Ron DeSantis’ signature, in spite of warnings from business owner

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