WeedLife News Network

US cannabis industry revenues are set to grow just 3.2% in 2025, as price compression, difficult economic dynamics and an increasingly complex political landscape put the brakes on the sector. According to a new report from ATB Capital Markets, the market is set to have contracted by 0.2% in 2024

While thousands of patients cross the border with medical cards in hand, countless more are buying recreational cannabis without a prescription. That’s unlikely to change as some Kansas lawmakers signal resistance to medical legalization in 2025. TOPEKA — Thousands of Kansans are crossing the

DEA Administrative Law Judge John Mulrooney has ordered witness testimony to begin in the matter of marijuana’s federal classification as a Schedule I controlled substance on Tuesday, January 22, 2025. Barring a stay in the proceedings, witness testimony will take place every Tuesday, Wednesday, and

Continuing the state’s efforts to address the illegal cannabis market, Governor Gavin Newsom today announced California’s Unified Cannabis Enforcement Taskforce (UCETF) recently seized a combined total of more than $19 million of illegally grown cannabis and illegally manufactured cannabis products

The Office of Cannabis Management provided a year in review by sharing an update on the cannabis industry in New York State during a Cannabis Control Board meeting. New York State currently has 261 adult-use retail stores. OCM said it is a big increase, considering there were barely two dozen stores

The New York Office of Cannabis Management held a Control Board Meeting today that was broadcast online. Two months ago, we provided an update regarding the state’s strong growth in adult-use sales, and this extremely bullish story has become even more bullish. Sales growth is very strong, and the

Joe Biden’s controversial pardon of his son Hunter Biden has seen pressure build on the outgoing US president to make good on his promises of widespread clemency for low-level cannabis convictions. In October 2022, issues a presidential proclamation pardoning many federal and D.C. offenses for

After years of back and forth, the U.S. Food and Drug Administration (FDA) approved a clinical trial to determine whether cannabis helps veterans with post-traumatic stress disorder (PTSD). This critical multi-state study, dubbed MJP2, will include more than 300 participants. The researchers argue

The cannabis and CBD beverage industry has grown rapidly in recent years, driven by increasing legalization, consumer interest in wellness alternatives and the desire for new ways to experience relaxation and socialization. Grand View Research valued the global cannabis beverage market at $1.16

Arizona’s recreational marijuana market showed signs of stabilization in October, with dispensaries selling $75.3 million in adult-use cannabis products, up from September’s $67.3 million, according to the latest data from the Arizona Department of Revenue. The medical marijuana sector continued its

FVKD products were inaccurately portrayed in a story broadcast by FOX4 Dallas on December 5, 2024. FVKD products are legal hemp products. Each of FVKD’s products are tested by Armstrong Forensic Laboratory and meets the standards established by strict regulations. Many law enforcement agencies use

Ridder is proud to announce a strategic partnership with Navus CEA Enterprises, a family-funded investment company with a proven track record in controlled environment agriculture (CEA). Building on a history of successful collaborations as co-investors in ventures like Blue Radix and Metomotion

Ohio dispensaries have sold nearly $200 million in adult-use marijuana since the program launched in August, according to new state data. Product sales hit $191 million by the end of November with over 2.5 million receipts on the books, the Division of Cannabis Control reported last week. Adults 21

There’s been lots of movement lately in New Jersey’s cannabis world. The state’s decision to begin enforcing its hemp law sends a strong signal: they’re serious about regulating these businesses. But while the Cannabis Regulatory Commission is quick to act on hemp sales, the same urgency is clearly

In recent months, the Trump administration has made several key appointments that are poised to significantly impact the cannabis industry. These appointments, announced between September 2024 and now, reflect a mix of perspectives on cannabis policy, creating a complex landscape for the industry as

Democrats are taking another swing at legalizing marijuana in Pennsylvania. House Reps. Dan Frankel, D-Allegheny, and Rick Krajewski, D-Philadelphia, are circulating a co-sponsorship memorandum for legislation they are drafting. It’s the latest in a string of legislation over the past few years

Texas Attorney General Ken Paxton has sued the city of Dallas after it adopted a voter-approved charter amendment that decriminalizes possessing less than 4 ounces of marijuana. About 67% of Dallas voters approved Proposition R in the November election. At least one councilmember expressed concerns

The federal government is considering a big change for marijuana, by declaring it a far less dangerous drug. The move would be an enormous economic boost for the people who legally sell the drug because the reclassification would allow them to deduct business expenses from their federal income taxes

The Food and Drug Administration (FDA) this week authorized a long-delayed clinical trial to test whether smoking marijuana can be used to treat post-traumatic stress disorder (PTSD) in veterans. The trial, sponsored by the nonprofit Multidisciplinary Association for Psychedelic Studies (MAPS), has

Texas Attorney General Ken Paxton announced his lawsuit Thursday against the city of Dallas over a new marijuana ballot measure, arguing it violates state law. The measure prevents law enforcement from making arrests or issuing citations for marijuana possession or considering the odor of marijuana