WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
From Glitzy Pioneer to Teetering Giant: The Rise and Fall of MedMen in California's Cannabis Market Image Cannabis NewsMarch 26, 2024 MedMen: The Highs and Lows of a Cannabis Industry Pioneer. In the summer of 2018, MedMen opened a boutique cannabis dispensary on Abbot Kinney Boulevard in Venice — “the coolest block in America,” as the company hype
Nebraska Bill Aims To Increase Taxes on CBD, Hemp Products by 100% Image Cannabis NewsMarch 26, 2024 Nebraska legislators will soon debate one of the largest tax increases in its history. A recent property tax relief bill in Nebraska is seeking to create new income opportunities for the state, including a variety of sales tax exemptions. This inclu
Backlash to D.C. Marijuana shops moves into the Palisades Image Cannabis NewsMarch 26, 2024 DC's new medical marijuana rules are being tested with the proliferation of new shops, including one in the Palisades neighborhood. Why it matters: The shop, which wants to create a "higher-end safe retail space" for medical marijuana, is the latest proposed
New Cannabis 'Gifting' Shops in the Neighborhood Spark Regulatory Discussions Image Cannabis NewsMarch 25, 2024 At least one cannabis gifting shop is opening in the neighbourhood. Canna Art, which placed its sign above the door at 5008 Connecticut Avenue last November, had an artist adorn the walls inside. And on March 12th, a sign posted at the fo
Hermiston council to consider Cannabis licenses Image Cannabis NewsMarch 25, 2024 Hermiston City Council Considers Marijuana Measure and Commercial Naming Rights. The Hermiston City Council will consider placing a measure on the November ballot that would allow marijuana businesses to operate in the city. The move, which will be decided by the vote
Cannabis stocks get buzzed on Germany’s easing of laws Image Cannabis NewsMarch 25, 2024 Germany's Cannabis Legalization Spurs Stock Surges and Industry Expansion Plans. Last week, Germany’s upper house, the Bundesrat (made up of federal state delegates), passed legislation to legalize cannabis starting April 1, 2024, but with limitations. The move
Oregon State receives grant to work with 13 Tribes on Hemp economic development Image Cannabis NewsMarch 25, 2024 Oregon State University's Hemp Innovation Center Secures $10M Grant to Boost Native American Economic Development. Oregon State University’s Global Hemp Innovation Center has received a $10 million grant to work with 13 Native American
Colorado’s cooling Marijuana industry leaves many smaller industrial buildings vacant Image Cannabis NewsMarch 25, 2024 In late 2022, real estate broker Jake Malman listed a former marijuana grow facility at 890 Navajo St, in Denver for $9 million. It would sell for $4.1 million a year later. “The market dictates pricing ultimately, and they beat i
Yellen would welcome US legislation to aid Cannabis banking access Image Cannabis NewsMarch 22, 2024 US Treasury Secretary Calls for Legislation to Address Banking Issues for Cannabis Firms. US Treasury Secretary Janet Yellen said on Thursday she would welcome legislation that would rectify the conflict between federal and state laws on the sale an
Canadian Cannabis Industry Seeks Changes in Promotion Regulations Image Cannabis NewsMarch 21, 2024 Canadian Cannabis Industry Seeks Regulatory Changes. The Canadian cannabis industry seeks regulatory changes to enable joint promotions and build brand awareness. Current regulations restrict direct financial relationships between cannabis producers
US Cannabis Stocks Rally as Harris Urges Quick DEA Decision on Rescheduling Image Cannabis NewsMarch 21, 2024 US Cannabis Stocks Rally As VP Calls On DEA To Come To Rescheduling Decision ‘Quickly’, Amid More Rumors Of Imminent Decision. US cannabis stocks rallied on Friday after Vice President Kamala Harris called on the Drug Enforcement Administra
These Medical Marijuana cards let you buy for kids or others Image Cannabis NewsMarch 21, 2024 A Medical Marijuana Card isn't the only way to purchase legal marijuana in Florida. If you have children under 18 who are eligible for medical marijuana or if you care for someone eligible in a medical capacity, you can apply to become a Medical Marijuana
Southwest Michigan hits high point in Marijuana tax revenue Image Cannabis NewsMarch 21, 2024 Berrien County gets $1,2 million in 2023 from eligible licenses. Southwest Michigan municipalities and counties where marijuana was sold in 2023 received more than $4.6 million in marijuana tax revenue. That’s up from the $3.5 million they received the pre
Fat Joe discusses marijuana laws with Kamala Harris: Unpacking the inequities Image Cannabis NewsMarch 21, 2024 When the VP calls me, I stop everything. In an unprecedented meeting of hip-hop and politics, Fat Joe and Vice President Kamala Harris recently convened to tackle the contentious issue of marijuana possession laws. On Friday, March 15, th
FDA says Marijuana has a legitimate medicinal purpose Image Cannabis NewsMarch 21, 2024 As a Schedule 1 drug, marijuana is currently in the same category as some of the hardest drugs, like heroin and LSD. The FDA released a report saying that marijuana does have a legitimate use for medical purposes and recommended the US Drug Enforcement Agency to
Medical Marijuana testing facility opens in Rapid City Image Cannabis NewsMarch 20, 2024 Western South Dakota's first medical marijuana testing facility is opening in Rapid City. Triverty Analytical will conduct compliance testing for the state’s cannabis industry, to test the potency of medical marijuana and to scan for contaminants like pesticide
