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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
US Cannabis reforms could send pot stocks higher
Business & Finance
US Cannabis reforms could send pot stocks higher Image Cannabis NewsOctober 12, 2023 Although cannabis remains illegal in the US federally, there are now 23 states where adult-use cannabis has been legalized. Ohio and Pennsylvania are the next states expected to allow adult-use cannabis, while Florida could do so in two to three years, one analyst
Cannabis Act review finds companies struggling to profit
Business & Finance
Cannabis Act review finds companies struggling to profit Image Cannabis NewsOctober 11, 2023 Federal Review Highlights Challenges in Legal Cannabis Industry Amid Regulatory Hurdles. A review of the federal legislation that paved the way for the legal recreational use and sale of cannabis says companies in the legal market report struggling to reali
Albuquerque City Council considers new ways to use Cannabis tax revenue
Business & Finance
Albuquerque City Council considers new ways to use Cannabis tax revenue Image Cannabis NewsOctober 11, 2023 Albuquerque City Council is considering a new way to use cannabis tax revenue. “We want to make sure those funds coming to the City of Albuquerque – that they’re appropriated correctly,” said Councilor Klarissa Peña. The councilor is sponsori
California Boosts social equity funding for Cannabis Businesses
Business & Finance
California Boosts social equity funding for Cannabis Businesses Image Cannabis NewsOctober 11, 2023 California Announces $15 Million Cannabis Equity Grants Program to Promote Economic Justice. The Governor’s Office of Business and Economic Development (GO-Biz) has announced that $15 million will be available through its Cannabis Equity Grants Progr
Farm bill debate includes hemp regulation as issue takes center stage in Missouri recall
Business & Finance
Farm bill debate includes hemp regulation as issue takes center stage in Missouri recall Image Cannabis NewsOctober 11, 2023 Hemp industry leaders, state marijuana regulators and members of Congress all seem to agree the feds should regulate CBD. But the standoff is over intoxicating hemp products. Hemp is often known for being the part of the cann
Could West Virginia schools start allowing Medical Marijuana?
Business & Finance
Could West Virginia schools start allowing Medical Marijuana? Image Cannabis NewsOctober 11, 2023 The Ohio County Board of Education has just been briefed on a new state policy on how they should deal with medical marijuana in their schools. The guidelines for administering medical marijuana to students in West Virginia schools resemble the current
Court to allow Cannabis Commission to create new licensure rules
Business & Finance
Court to allow Cannabis Commission to create new licensure rules Image Cannabis NewsOctober 11, 2023 The counsel for one awardee, Verano, argued that the commission does not have the authority to “claw back” licenses it has already awarded. The Alabama Medical Cannabis Commission has announced its intent to unveil a new plan for how to handle the i
Artificial Intelligence can tell if you’re stoned by reading your smartphone data
Business & Finance
Artificial Intelligence can tell if you’re stoned by reading your smartphone data Image Cannabis NewsOctober 11, 2023 AI-Enhanced Smartphones: Predicting Cannabis Impairment with Remarkable Accuracy. The rapidly advancing world of artificial intelligence has garnered equal parts praise and fear from the world at large as we move toward the possibil
5 years of legal Cannabis: fewer charges, many hospitalizations and more than a few questions
Business & Finance
5 years of legal Cannabis: fewer charges, many hospitalizations and more than a few questions Image Cannabis NewsOctober 10, 2023 As retailers made it easier to buy cannabis, hospitalization numbers ticked upward. When Canada legalized the use of cannabis in October 2018 after decades of prohibition, the goals were to improve safety and public heal
Ohio Voters Will Decide on Legalizing Recreational Marijuana
Business & Finance
Ohio Voters Will Decide on Legalizing Recreational Marijuana Image Cannabis NewsOctober 10, 2023 Voters will decide in the upcoming election whether to legalize recreational marijuana for use by those at least 21 years old in Ohio. The proposal would allow those adults to buy and possess 2.5 ounces of cannabis and 15 grams of concentrates. They als
Michigan Governor to review Cannabis Regulatory Agency and Tribal Business Bills
Business & Finance
Michigan Governor to review Cannabis Regulatory Agency and Tribal Business Bills Image Cannabis NewsOctober 10, 2023 Two bills would allow business between the Cannabis Regulatory Agency and local Native American tribes. Two cannabis bills were recently sent to the desk of Gov. Gretchen Whitmer, and if passed, would work in tandem to allow the Cann
New York Judge approves two Cannabis Retailers to open
Business & Finance
New York Judge approves two Cannabis Retailers to open Image Cannabis NewsOctober 10, 2023 Two cannabis business licensees were recently exempt from an ongoing injunction that prevents cannabis businesses from opening, but more are expected to be approved soon. A New York Judge recently issued a court order that allows just two cannabis retailers t
Cannabis advocates push Governor for special Marijuana session
Business & Finance
Cannabis advocates push Governor for special Marijuana session Image Cannabis NewsOctober 10, 2023 Companies that were issued licenses for medical marijuana are facing a legal battle that’s delaying the disbursement of medical cannabis in the state. The Alabama Medical Cannabis Coalition has heard the pleas from patients who suffer with pain. They’
WWE Star Matt Riddle launching his own Cannabis Strain
Business & Finance
WWE Star Matt Riddle launching his own Cannabis Strain Image Cannabis NewsOctober 10, 2023 Matt Riddle is getting into the cannabis business, announcing his own marijuana strain. The WWE alumnus posted to his Instagram account last week announcing that Riddle OG is “coming soon.” Riddle made it clear in his Instagram Stories that it’s a cannabis st
Cannabis Cafe Bill vetoed in California
Business & Finance
Cannabis Cafe Bill vetoed in California Image Cannabis NewsOctober 10, 2023 Governor Gavin Newsom has vetoed a bill that would have seen the introduction of Amsterdam-style cannabis cafes in California. Newsom said he vetoed the bill over concerns that it would undermine the state’s smoke-free workplace protections. The Bill was an amendment to Sec
Plans for Canajoharie Cannabis growing site advance
Business & Finance
Plans for Canajoharie Cannabis growing site advance Image Cannabis NewsOctober 6, 2023 E29 Labs, which has backing of Montgomery County, files application with the state to construct facility. Plans for a $15 million indoor cannabis growing facility at the former Beech-Nut site in Montgomery County moved forward this week as the group behind the pr

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