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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Cannabis advocates say banks still refuse their business, fuelling the illicit market and hurting the industry
420 Intel
Technology
Cannabis advocates say banks still refuse their business, fuelling the illicit market and hurting the industry Image Cannabis NewsJanuary 5, 2024 Even the Cannabis Council of Canada, an industry lobby group, can't open an account with any of Canada's five major banks. The refusal of Canada’s major banks to work with the legal cannabis industry repr
Governor Beshear calls for expansion of Kentucky Medical Marijuana program
420 Intel
Medical News
Governor Beshear calls for expansion of Kentucky Medical Marijuana program Image Cannabis NewsJanuary 5, 2024 Kentucky Governor Proposes Expansion of Medical Marijuana Program with New Regulations and Qualifying Conditions. Governor Andy Beshear announced on Thursday calls for expansion of the state's medical marijuana program, including new regula
Judge puts a temporary hold on Medical Marijuana companies
420 Intel
Medical News
Judge puts a temporary hold on Medical Marijuana companies Image Cannabis NewsJanuary 5, 2024 Alabama Faces Temporary Halt on Issuing Medical Marijuana Licenses Amid Legal Battle. A judge has temporarily blocked Alabama from issuing licenses to medical marijuana facilities amid an ongoing legal battle over how the state selected the winning compani
Cannabis ETFs Spike on Marijuana Classification Review
420 Intel
Technology
Cannabis ETFs Spike on Marijuana Classification Review Image Cannabis NewsJanuary 5, 2024 DEA's Review of Cannabis Reclassification Sparks Surge in Marijuana Stocks and ETFs. Marijuana stocks spiked following the report that the US Drug Enforcement Administration (“DEA”) is reviewing the potential reclassification of cannabis from Schedule I to Sch
Weed dispensary plan at old Rainforest Cafe in River North goes up in smoke
420 Intel
Business & Finance
Weed dispensary plan at old Rainforest Cafe in River North goes up in smoke Image Cannabis NewsJanuary 4, 2024 Two lawsuits sought to block the joint venture between Progressive Treatment Solutions LLC and Bio-Pharm for an outlet at 605 N Clark St. A plan to transform the former Rainforest Cafe in River North into a pot dispensary has been scrapped
New Regulations under Oklahoma Medical Marijuana authority now in effect
420 Intel
Business & Finance
New Regulations under Oklahoma Medical Marijuana authority now in effect Image Cannabis NewsJanuary 4, 2024 Several new state laws are now in effect with the new year, including four new regulations to the medical marijuana industry. One dispensary owner says the new changes were a surprise and she didn’t know about the changes until News On 6 reac
Cannabis Payments Processor Seeks $500m in Damages as It Closes Doors
420 Intel
Business & Finance
Cannabis Payments Processor Seeks $500m in Damages as It Closes Doors Image Cannabis NewsJanuary 4, 2024 Georgia-based cannabis payments processor FP Omni Technologies is seeking $500m in damages as it announces that it is winding down operations. According to a press release published late last month, the decision to wind down operations follows a
Can Cannabis Industry Waste be Used to Make Supercapacitors?
420 Intel
Business & Finance
Can Cannabis Industry Waste be Used to Make Supercapacitors? Image Cannabis NewsJanuary 4, 2024 Researchers Explore Cannabis Waste for Supercapacitors. The cannabis plant can be used for a myriad of purposes to benefit humans, and not just in a medical cannabis capacity. Researchers in Argentina recently examined using discarded cannabis material f
New Mexico Regulators Revoke Licenses for Two Cannabis Farms
420 Intel
Politics
New Mexico Regulators Revoke Licenses for Two Cannabis Farms Image Cannabis NewsJanuary 4, 2024 Regulators in New Mexico announced this week that they revoked the licenses of two cannabis producers in the state, citing a host of violations. In a news release on Tuesday, the Cannabis Control Division (CCD) of the New Mexico Regulation and Licensing
Legal hemp stores monitor Marijuana Legislation
420 Intel
Business & Finance
Legal hemp stores monitor Marijuana Legislation Image Cannabis NewsJanuary 4, 2024 Ohio Marijuana Bill Under Review. Based on the Nov. 7 election results for Issue 2 in Ohio, as much as 57 percent of the state’s voters are waiting for legislative adjustments to be finalized, paving the way for adult-use, recreational marijuana to hit stores. Propos
Florida inches closer to recreational Marijuana with 2024 ballot initiative
420 Intel
Cannabis News
Florida inches closer to recreational Marijuana with 2024 ballot initiative Image Cannabis NewsJanuary 4, 2024 Florida May Vote on Adult Recreational Cannabis Use in November. A proposal that would legalize adult recreational cannabis use — and bring a massive influx of tax revenues — in Florida appears headed to the general election ballot in Nove
New Law in Oklahoma Brings Secret Shoppers to Weed Dispensaries
420 Intel
Business & Finance
New Law in Oklahoma Brings Secret Shoppers to Weed Dispensaries Image Cannabis NewsJanuary 4, 2024 A new Oklahoma state law that went into effect this week authorizes regulators to conduct secret shopper inspections of medical marijuana dispensaries. A new law in Oklahoma gives the state’s cannabis regulators the authority to launch a medical marij
US Cannabis Stocks Spike as DEA Confirms Cannabis Reclassification Review
420 Intel
Business & Finance
US Cannabis Stocks Spike as DEA Confirms Cannabis Reclassification Review Image Cannabis NewsJanuary 4, 2024 US DEA Confirms Cannabis Rescheduling Review Amid Power Struggle. The US Drug Enforcement Administration (DEA) has confirmed that it is conducting a review into the reclassification of cannabis, but has asserted its ‘final authority’ over th
UFC Removes Cannabis from Banned Substances List in New Policy
420 Intel
Cannabis News
UFC Removes Cannabis from Banned Substances List in New Policy Image Cannabis NewsJanuary 4, 2024 The UFC hopes to have “the best, most effective, and most progressive anti-doping program in all of professional sports.” The Ultimate Fighting Championship (UFC) announced the details of its new Anti-Doping Policy, which took effect for all UFC athlet
Unlocking the appetite-stimulating secrets of Cannabis through rodent brain studies
420 Intel
Medical News
Unlocking the appetite-stimulating secrets of Cannabis through rodent brain studies Image Cannabis NewsJanuary 3, 2024 Inhaled Cannabis Influences Feeding Behavior and Neurobiological Mechanisms in Rodents, Study Finds. In a recent study published in the journal Scientific Reports, researchers investigated how cannabinoid-1 receptor (CB1R) expressi
Unlocking the appetite-stimulating secrets of Cannabis through rodent brain studies
420 Intel
Technology
Unlocking the appetite-stimulating secrets of Cannabis through rodent brain studies Image Cannabis NewsJanuary 3, 2024 Inhaled Cannabis Influences Feeding Behavior and Neurobiological Mechanisms in Rodents, Study Finds. In a recent study published in the journal Scientific Reports, researchers investigated how cannabinoid-1 receptor (CB1R) expressi
Recreational Weed in Missouri is nearly a year old
420 Intel
Business & Finance
Recreational Weed in Missouri is nearly a year old Image Cannabis NewsJanuary 3, 2024 What can the industry expect in 2024? Heading into the second year of legal recreational cannabis in Missouri, people in the industry are anticipating continued sales momentum and challenges surrounding an ongoing social equity program. 2023 has been a big year fo
Major change to employment drug testing just came to California
420 Intel
Business & Finance
Major change to employment drug testing just came to California Image Cannabis NewsJanuary 3, 2024 Cannabis users who are looking for a new job in California can breathe a sigh of relief. As of Jan. 1, it’s illegal for most California employers to discriminate against cannabis users or even ask about past cannabis use on job applications, thanks to

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