WeedLife News Network

The Cannabis Industry Hopes for New Highs Image Cannabis NewsMay 1, 2024 Implications of the Justice Department's Recommendation on Marijuana Rescheduling. The Justice Department’s recommendation that restrictions on marijuana be lifted have revived expectations for a business that has waited years for such a change. A flicker of hope for the weed

Marijuana Rescheduling is Here: How this Decision Will Impact Cannabis Businesses Image Cannabis NewsMay 1, 2024 Key Insights and Implications of the DEA's Monumental Decision. After fifty years, the federal government finally acknowledged that marijuana has medical value and is not as dangerous as heroin. As first reported by the Associated Press

DEA's Move Represents 'Progress But Not Justice' Image Cannabis NewsMay 1, 2024 DEA Proposes Landmark Rescheduling of Cannabis: What It Means for Justice Reform. This week the Drug Enforcement Administration (DEA) has reportedly called for cannabis to be reclassified from Schedule I to Schedule III of the US Controlled Substances Act. This was the

DEA Plans Historic Shift: Marijuana Reclassification Imminent Image Cannabis NewsMay 1, 2024 DEA Set to Reclassify Marijuana, Recognizing Medical Uses and Lower Abuse Potential. The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated Press reported on Tuesday early afternoon, calling it a

Cannabis equity program at risk in San Diego mayor's proposed budget Image Cannabis NewsApril 30, 2024 The city's cannabis social equity program could be on the cutting room floor before it really got off the ground. A city of San Diego cannabis social equity program has been in the works for years. The program's goal is to open doors for people an

Deadline looms for Missouri Cannabis microbusiness license applications Image Cannabis NewsApril 30, 2024 Monday marks the deadline for the Missouri Department of Cannabis Regulation’s second round of microbusiness applications. According to Cannabis.Mo.Gov, applicants for a microbusiness license need to meet one of the following criteria: Have a n

Republican Support for the SAFER Banking Act Image Cannabis NewsApril 30, 2024 SAFER Banking Act Gains Momentum with Republican Support. Rep. Hill reaffirms longstanding commitment to the SAFER Banking Act. Rep. Mace calls on Schumer to advance the SAFER Banking Act. Increasing bipartisan willingness boosts Cannabis banking bill prospects. This wee

$44.8 M spent on Medical Marijuana in Arkansas in last two months Image Cannabis NewsApril 30, 2024 Arkansas Medical Marijuana Sales Hit $45 Million in Two Months. Arkansans spent nearly $45 million on medical marijuana throughout February and March, according to a report from the Arkansas Department of Finance and Administration. $44.8 million was

$44.8 M spent on Medical Marijuana in Arkansas in last two months Image Cannabis NewsApril 30, 2024 Arkansas Medical Marijuana Sales Hit $45 Million in Two Months. Arkansans spent nearly $45 million on medical marijuana throughout February and March, according to a report from the Arkansas Department of Finance and Administration. $44.8 million was

Minnesota Cannabis regulators won’t offer legislation to allow early cultivation to jumpstart retail sales Image Cannabis NewsApril 30, 2024 But the Office of Cannabis Management is open to a legislative proposal to allow planting this fall before retail sales start next spring. Minnesota cannabis regulators will not be asking for law changes to al

St. Louis Alderman Wants to Allow Cannabis Cafes with Longer Dispensary Hours Image Cannabis NewsApril 30, 2024 Doubling down on weed could be a revenue boost for the city, Rasheen Aldridge says. As the St. Louis Board of Aldermen’s new session begins, Ward 14 Alderman Rasheen Aldridge hopes to explore legislation to allow cannabis cafes and extend

Kansas Medical Cannabis Proposal Dead for 2024 Image Cannabis NewsApril 30, 2024 A bill to legalize medical marijuana in Kansas won’t become law this year after a bid to bring the measure to the Senate floor failed to pass last week. A bill to legalize medical marijuana in Kansas is dead for 2024 after the state Senate blocked an effort to bring th

Companies tied to out-of-state firms appeal revocation of social-equity Cannabis licenses Image Cannabis NewsApril 30, 2024 Missouri Social-Equity Licensees Appeal Revoked Licenses Tied to Michigan Company. Michigan company Canna Zoned is connected to two of the revoked licenses. It garnered attention last year for recruiting potential applicants f

Law Enforcement Anticipates an Increase in Cannabis Sales Image Cannabis NewsApril 30, 2024 Law enforcement and the Maryland Cannabis Administration are anticipating an increase in cannabis sales in the coming months. July 2024 marks one year since legalization across the state. The Maryland Cannabis Administration provided WBOC the following state

Is Weed a winning issue? Why Biden and Trump pounce legalize pot Image Cannabis NewsApril 30, 2024 Joe Biden and Donald Trump have a prime political opportunity to pounce on marijuana legalization, especially in four key swing states. American voters face a November rematch for president that many did not want, and the winner will be the oldest man

As Delivery Services Rise, Long Island City Dispensaries Adapt to Changing Cannabis Retail Landscape Image Cannabis NewsApril 29, 2024 Long Island City Dispensaries Grapple with Delivery Demand Amidst Growing Cannabis Market. When Long Island City dispensary NYCBUD launched delivery sales in February, owner Jonpaul Pezzo thought his shop would be i

Cannabis company MedMen files for bankruptcy with about $411M in liabilities as its fortunes go up in smoke Image Cannabis NewsApril 29, 2024 Once hailed as the unicorn of pot, MedMen files bankruptcy in Canada with plans to liquidate any assets. Cannabis retailer MedMen is going up in smoke via bankruptcy court. Former high-flying cannabis company

Recreational Marijuana backers can gather signatures for North Dakota ballot initiative Image Cannabis NewsApril 29, 2024 North Dakota Ballot Initiative Group Pushes for Recreational Marijuana Legalization. A North Dakota ballot initiative group can gather signatures to put a proposal legalizing recreational marijuana to a statewide vote in the fal