WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
3 myths about Marijuana and the financial services industry Image Cannabis NewsJuly 20, 2023 The SAFE Banking Act is currently under federal review with the hope banking and merchant services very soon for cannabis companies will ease. The legal cannabis and CBD/hemp industry has already brought in hundreds of millions of dollars in New Mexico, wit
Cannabis panel debates how to help applicants with prior Marijuana convictions Image Cannabis NewsJuly 19, 2023 Leo Bridgewater, a longtime cannabis advocate, said the June decision wouldn’t have helped New Jersey’s cannabis industry. A recent move intended to increase the number of cannabis businesses run by people with prior convictions for marij
NY State Senator urges aggressive action on unlicensed Cannabis Shops Image Cannabis NewsJuly 19, 2023 New York State Senator Brad Hoylman-Sigal urged the Office of Cannabis Management to take action on unlicensed dispensaries. A New York state senator wrote a letter to the state’s Office of Cannabis Management, urging leadership to engage in “aggr
Three men sentenced for using religious body to smuggle £2M of Cannabis into UK Image Cannabis NewsJuly 18, 2023 The shipments were hidden in tins of Jamaican fruit. Three men have been sentenced for using a religious organisation as a front to smuggle 400 kilograms of cannabis hidden in fruit tins into the UK. Dalton Anderson, Alvin Russell and Si
Refused Marijuana application raises questions of eligibility Image Cannabis NewsJuly 17, 2023 A marijuana company’s amended application for a license was refused on Tuesday, according to a letter presented during public comment to the Menominee Judicial and Legislative/Personnel and Labor Committee on Wednesday. Joni Moore, owner and president of
Recreational Marijuana legalization would boost Florida's tax revenue by up to $431.3M per year Image Cannabis NewsJuly 17, 2023 Support for the legalization of recreational marijuana in Florida is gaining steam ahead of potential placement on the state ballot, which experts say could lead to more local and state tax revenue. The ballot initiative,
Cannabis Legalization sees 61% drop in Cannabis Prisoners Image Cannabis NewsJuly 17, 2023 The number of people in Federal Bureau of Prisons (BOP) custody for cannabis is down 61% from 2013 to 2018, according to the latest Justice Department’s Bureau of Justice Statistics report. While this shows a decline in cannabis incarcerations since the launc
Cannabis Brand ironically thanks Richard Nixon for war on drugs Image Cannabis NewsJuly 17, 2023 The guest column-style ad in the NYT and Washington Post calls out the disgraced president's Controlled Substances Act of 1970. As the 37th U.S. president, Richard Nixon’s checkered term in office includes secret wiretaps, bungled break-ins and resignat
Unlicensed Cannabis shops reopen for business in defiance of state crackdown Image Cannabis NewsJuly 17, 2023 At Empire Cannabis Clubs in Chelsea, an unlicensed cannabis dispensary, law enforcement agents on Wednesday made their way inside the store, seized product and handcuffed one of its owners. During a simultaneous raid at the store’s Lower Ea
Executives re-enact Boston Tea Party to protest Cannabis tax rule Image Cannabis NewsJuly 14, 2023 A demonstration in Massachusetts on Wednesday re-enacted the Boston Tea Party to protest IRS rules that unfairly tax cannabis businesses. Executives from a Massachusetts-based cannabis company dressed in colonial garb aboard a ship in Boston Harbor on
Taylor Swift attends Questlove’s infused party in New York City Image Cannabis NewsJuly 14, 2023 I feel the lavender haze creepin’ up on me. The Stoned Swifties have reason to celebrate. On Tuesday night in New York City, Taylor Swift attended a party hosted by the iconic musician Questlove of The Roots. Given that Swift is the Bob Dylan of our era
Secret Service finds Cannabis in White House Image Cannabis NewsJuly 14, 2023 The Secret Service Uniformed Division confirmed Thursday that it had discovered marijuana in the White House twice last year. The news comes on the heels of finding cocaine in the West Wing. (Benzinga) What happened: A couple of hours after the agency closed its investiga
As the Cannabis industry grows, how does law enforcement handle people driving high? Image Cannabis NewsJuly 13, 2023 As New York's cannabis industry continues to evolve, law enforcement faces a new challenge: people driving high. Smoking cannabis before or while driving is illegal with similar punishments to driving under the influence of alcohol.
Decoding the Cannabis maze: navigating the legal quandaries of THC variants Image Cannabis NewsJuly 13, 2023 There is a lot of confusion surrounding the legality of these THC variants due to the openness of stores’ advertisements. However, a little science should help clear the air. You have probably seen many brick-and-mortar and online stores cla
Only 24,4% of Cannabis operators profitable due to 280E and other challenges Image Cannabis NewsJuly 13, 2023 According to Beau Whitney of Whitney Economics, policy solutions include safe banking, 280E reform, and opening up interstate commerce. A new report on the U.S. cannabis market is making the rounds, and paints a pretty dire picture of where
Scotland’s government calls for drug decriminalization Image Cannabis NewsJuly 12, 2023 The Scottish government has unveiled a plan to decriminalize possession of personal quantities of drugs, a proposal that was quickly rejected by the UK national government. The Scottish government last week called for decriminalizing possession of personal quant
