WeedWorthy News Network

Smoke and mirrors: Inside the murky $200M effort to kickstart NY’s marijuana industry. New York’s equity-focused rollout of its legal marijuana market relies heavily on a $200 million fund to support the state’s first retailers. Yet the team picked to raise and manage that money – an NBA Hall of

Recreational cannabis in Colorado turned 10 in November. Researchers have been studying its impact on health, public safety and the economy, but there’s still so much more to learn. In some ways, the cart came before the horse, as in legalization came well before the research. On Colorado Matters

Earlier this month Czechia’s drug commissioner Jindřich Vobořil announced his intention to submit draft legislation for an adult-use cannabis market by the end of the year, hoping a fully fledged market could be launched by 2024. The news has not only cemented Czechia as one of the most exciting

There’s intense competition from all corners, particularly gray market dealers who are connected to and supplied by California cannabis sources. With the recent issuance of the first-ever recreational marijuana retail permits in New York — and the launch of adult-use sales inching ever closer — a

Study found a stunning 75 per cent of the marijuana ­smokers had emphysema, compared to 67 per cent of the cigarette smokers and just five per cent of the non-smokers. When the Cannabis Act was passed in 2018, a requirement was included that three years after implementation, a formal review should

The federal government adopted a full-on nanny-state approach to cannabis regulation. Recreational cannabis became a legal industry in Canada in 2018. The regulatory framework that was adopted was cobbled together quickly with no consultation on the actual regulatory text. The result is regulation

For the first time ever, a standalone marijuana reform bill has been sent to the president’s desk for signature. The U.S. Senate on Nov. 16 passed HR21-8454, the Medical Marijuana and Cannabidiol Research Expansion Act, and sent the bill to President Joe Biden. The bill “would eliminate the red tape

Fulfilling a high-profile campaign pledge, President Joe Biden recently announced that his office will be issuing pardons to several thousand Americans with federal convictions for marijuana possession offenses. “There are thousands of people who have prior federal convictions for marijuana

Despite the overwhelming vote of approval, leadership in the state Senate is balking at the whole idea. That’s the percentage of Kentuckians surveyed online who support legalizing medical marijuana in the commonwealth, according to Gov. Andy Beshear’s Medical Cannabis Advisory Committee. Despite the

A bill to legalize cannabis in Colombia has been approved in a Senate committee for the first time, after advancing in the Chamber of Representatives. (Benzinga) The initiative passed its third debate with 11 votes in favor and 4 against. "Now the bill will go to the plenary session of the Senate,"

A Dallas Morning News-University of Texas at Tyler poll found that 60% of Texans support the legalization of marijuana for recreational use. This included 75% of Democrat voters and 42% of Republican voters. Support was even stronger when people were asked about using marijuana for medical purposes

Oregon Gov. Kate Brown announced Monday she is pardoning an estimated 45,000 people convicted of simple possession of cannabis, a month after President Joe Biden did the same under federal law. “No one deserves to be forever saddled with the impacts of a conviction for simple possession of marijuana

A bill to expand research into medicines derived from the cannabis plant has passed muster in Congress. The Medical Marijuana and Cannabidiol Research Expansion Act seeks to streamline the application process for scientific marijuana studies; plus remove existing barriers for researchers that hamper

JEFFERSON CITY - At the same time Missouri regulators are working to launch a recreational marijuana program, hundreds of lawsuits tied to the 2019 rollout of medical cannabis remain in legal limbo. Of the more than 880 lawsuits from companies that failed to get a limited number of licenses to grow

LOUISVILLE - Rep. Jason Nemes and other Republicans have pushed back against Gov. Andy Beshear’s executive order allowing the possession of medical cannabis under certain conditions. Nemes has led the effort in the General Assembly to legalize medical marijuana and while a bill passed the House with

There were several important, albeit lesser known, ballot measures that passed and that each help to end the prohibition and criminalization of cannabis in the U.S. The 2022 midterm elections in the U.S. were historical and surprising for many on several fronts. In addition to the unexpected Senate

WASHINGTON - On Thursday, October 6, U.S. President Joe Biden issued a pardon for federal-level convictions of simple marijuana possession. He also began a review of how the drug is classified. The pardon arrived about a month away from the midterm elections, a critical election that decided

'My own country had pardoned me but that didn’t matter. They told the federal government of the United States of America not to forget' Robyn Jones* was 17 years old when she was charged with a cannabis offence that would follow her for the rest of her life. In 1981, Jones was sitting at a picnic

VERMILLION - South Dakota’s Initiated Measure (IM) 27 would have legalized recreational marijuana for people 21 and older, but South Dakotans voted against the measure in the November election. Local medical marijuana suppliers said recreational marijuana is beneficial and the latest election

Section 280 takes the profit out of the cannabis business by disallowing “deductions” and creating huge income tax liabilities. But if 280E tax debt isn’t also forgiven, the current cannabis industry won’t survive against newcomers, says Greenspoon Marder’s Nicholas J. Richards. Recent downturns in