WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife News Network.
With its neighboring states embracing marijuana legalization, Connecticut is now ready to get in on the act. The state’s governor, Ned Lamont, outlined his plan to bring recreational pot to Connecticut in his budget address on Wednesday. “Now our neighboring states are offering recreational marijuana on a legal and regulated basis,” Lamont, a Democ
At the behest of the Idaho Farm Bureau, the House Agriculture Committee has voted unanimously to introduce new legislation to legalize industrial hemp in Idaho, for production, processing, transportation and research. The vote clears the way for a full hearing on the bill, which supporters said they hope will settle years of debate about how to all
New legislation introduced in the US last week seeks to create a clear legal pathway for hemp-derived cannabidiol and other hemp extracts, while also assuring quality. The status of cannabidiol is still a bit of a no-man’s land in the USA while the FDA tussles with developing regulations. Last month, the FDA published an update regarding its effort
Jeremy Kitzhaber, a retired senior master sergeant of the U.S. Air Force with Stage 4 terminal cancer, on Monday morning showed up to an Idaho Legislature committee meeting with a draft bill and a bag of pills. He demonstrated to state legislators the medication he needed on a daily basis to keep him alive — hydrocodone, oxycodone, pills to help wi
Medical marijuana sales bring in tens of millions of dollars in tax revenue each year to states where it is has been legalized and many doctors say it can treat a variety of conditions. Alabama Senator Tim Melson (R-District 1) authored Senate Bill 46 which aims to find a place for medical marijuana in the state. If passed, it would allow residents
Maine may revise its current regulations on cannabis advertising, as many feel the current restrictions are too stringent, and arbitrary, to work well for the industry.   Rep. Colleen Madigan, D-Waterville, has proposed “An Act To Amend the Law Regarding the Advertising and Marketing of Adult Use Marijuana.” This act would allow businesses to appea
With marijuana now legalized for recreational use in Montana, a Fort Benton lawmaker is advancing legislation intended to protect the state’s industrial hemp crop from running afoul of federal law. Republican Rep. Josh Kassmier told a Senate panel that his bill would automatically align the definition of hemp in Montana with that of the U.S. Depart
The next stop for the legalization bandwagon might be the Badger State.  Wisconsin Gov. Tony Evers unveiled details of his budget proposal on Monday, which included a proposal to regulate and tax marijuana that he says will produce a windfall of revenue for the state. “My 2021-23 budget proposes regulating and taxing marijuana much like we do alcoh
Gov. Phil Murphy and lawmakers continue to struggle to strike a deal that will allow New Jersey to begin the process of selling marijuana in New Jersey. But they're also raising hopes that some agreement could be reached soon. Lawmakers extended a Monday deadline for Murphy to act on legislation that would begin the process of selling marijuana, si
The prosperous cannabis industry has long faced significant barriers to obtaining financial services. For example, as of June 2020, only 695 banks and credit unions were servicing marijuana-related businesses, according to the latest report from the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. This
Up until now, only synthetic CBD was expressly allowed as a cosmetic ingredient in the European Union’s database. On February 4, the European Union (EU)’s Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs added cannabidiol (CBD) “derived from extract or tincture or resin of cannabis” as a legal cosmetic ingredient to its
It is never easy being green. However, the cannabis industry is no stranger to overcoming stigma if not hurdles. Much less the grotesque ball drops of governments as soon as they get involved—from expanding access to basic regulation. The Dutch government has just been handed a reminder of that as its widely lauded first cultivation bid for the pro
A Hughes County judge has ruled that a voter-approved amendment to the South Dakota Constitution ending marijuana prohibition in the state shouldn't go forward. Circuit Court Judge Christina Klinger ruled Monday that Constitutional Amendment A violates the state Constitution on two grounds: It violates the single subject rule, meaning it encompasse
Cannabis is not the only industry that can act as a microcosm of the world but it may be the most prominent. Cannabis is still federally illegal so there are many areas in which people can be turned away from participating due to previous arrests for cannabis. During the Fall Emerge 2020 Virtual Cannabis Conference & Expo, Minorities for Medical Ma
Harborside, a California cannabis dispensary, appealed the Tax Court’s decision of tax deficiencies totaling over $29 million dollars for the periods between 2007 through 2012. Harborside’s tax liability stems from the IRS’s denial of deductions under IRC §280E and the disallowances of cost of goods sold reported on Harborside’s tax returns. Intern
Every new location to legalize cannabis either recreationally or medically, comes up with its own set of rules for exactly what is legal. After the last US election, there were a few new additions to the legalization family, one of them being New Jersey, which legalized for recreational use. However, the State didn’t get everything it wanted. New J