WeedLife News Network

Aurora Cannabis Faces Uphill Battle Despite Strategic Moves Towards Recovery. Aurora Cannabis shares have plummeted by over 95% in the past three years due to low demand and operational inefficiencies. The company's sales performance has declined, and its core medicinal marijuana market in Canada is

President Biden's Incremental Steps on Marijuana Highlight Bid for Youth Support. Biden focuses on marijuana reform to appeal to young voters, highlighting its importance in engaging this crucial demographic. Reclassifying marijuana under federal law forms a key part of Biden’s strategy to regain

Organigram's Strategic Investment in Open Book Extracts: A Key Move in US Market Expansion. Organigram’s strategic investment in Open Book Extracts signals a significant push into the US market, highlighting its international expansion ambitions. The partnership with Open Book Extracts allows

Mike Tyson Launches Cannabis Edibles Shaped Like Nibbled Ears. Tyson's 1997 bout against Holyfield, the second time they had met in the ring, became known as The Bite Fight following Iron Mike's act of partial cannibalism. Former world heavyweight boxing champion Mike Tyson is hoping to deliver a

Mexico's President Asserts Sovereignty, Rejects US Drug Policy Interference. The president of Mexico issued a defiant message to the United States last week, saying that the country will not fight the powerful drug cartels on the orders from his neighbor to the north. At a conference last week

California Police Forced to Return Seized Cannabis in Legal Battle with Distributor. American police have been seizing cannabis for decades, but the tables were turned last week, when law enforcement in a California city was forced to return hundreds of pounds of cannabis to a pot distributor. Costa

Switzerland's Adult-Use Cannabis Pilot Program Reveals Early Consumer Trends and Insights. The adult-use cannabis pilot program in Switzerland is alive and well, and the country has shared its first batch of initial insights surrounding consumer trends, product sales and more. European countries are

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 hyped in a press release at the time. With natural light pouring through floor-to

Sales of legal weed in the United States are expected to top $31 billion this year, according to a new economic projection. Regulated marijuana sales in the United States are expected to exceed $31 billion this year, according to a recent economic forecast from a firm specializing in cannabis and

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 includes adding sales taxes for products like candy and

Biden Administration's Incremental Approach to Cannabis Reform Sparks Debate and Hope. Vice President Kamala Harris looked up from prepared remarks in the White House’s ornate Roosevelt Room this month to make sure the reporters in the room could hear her clearly: “Nobody should have to go to jail

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 cannabis business to face backlash due to

University of the Basque Country project assists control of cannabis production. Growing acceptance of medical cannabis has led to a worldwide increase in production of the plant, but some of the associated legal and regulatory framework has not kept pace. According to a project at the University of

Tammy Sigurdur previously pleaded guilty to handing out THC-laced candy to kids in 2022. A woman who accidentally put cannabis candies in bags to hand out on Halloween after running out of loot for trick-or-treaters in 2022 broke down crying in a Winnipeg courtroom on Monday, as a judge asked her to

LiveWire, the Harley-Davidson electric vehicle division, released a new cruiser with parts made from hemp. What’s the most unique aspect of the recently unveiled S2 Mulholland electric performance cruiser released by LiveWire, Harley-Davidson’s electric division? Some of its major components are

Oklahoma Bureau of Narcotics (OBN) is cracking down on international crime tied to the illegal medical marijuana industry. As first reported in The Frontier, Chinese organized crime is dominating the market. The investigative report points to gangsters from the far-east as being the driving force in

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 former Wells Fargo at 4302 Connecticut indicated a gifting shop

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 voters, was suggested as a way to

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 prompted several cannabis stocks to

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 Tribes to spur economic development in the western United States