WeedLife News Network

Marijuana Reclassification Impacts Bank Servicing of Businesses Image Cannabis NewsMay 29, 2024 DOJ's Marijuana Rescheduling Proposal Leaves Key Issues Unresolved for Financial Institutions. The Department of Justice’s move to reclassify marijuana as a less dangerous drug, on which it began formal proceedings on May 16, won’t legalize state-level a

What Is THCA, And Why Doesn’t DEA Consider It Legal Hemp? Image Cannabis NewsMay 29, 2024 The US Drug Enforcement Agency has sent a letter to explain why THCA doesn’t meet the definition of legal hemp. The letter is a response sent on May 13 from the DEA’s Chief Drug & Chemical Evaluation Section, Diversion Control Division, Terrence Boos, to Shane

U.S. Drug Policy Director Discusses Impact of Cannabis Rescheduling Image Cannabis NewsMay 29, 2024 Federal Cannabis Rescheduling: Progress Amid Misconceptions. Dr. Rahul Gupta comments on the promising progress so far, as well as a misleading statement that rescheduling would have an impact on racial disparities. The Office of National Drug Policy

Breaking Down Barriers to Medical Cannabis in the UK Image Cannabis NewsMay 28, 2024 Challenges Persist for UK Medical Cannabis Patients Despite Legalization Efforts. UK medical cannabis patients are facing multiple challenges that are preventing the adoption of the legal market. From stigmatisation and supply bottlenecks to inconsistent medicine q

New $280,000 study to examine effects of Cannabis on young people Image Cannabis NewsMay 28, 2024 Five years into the legalization of cannabis, the Alberta government wants to know more about its effects on young Albertans. A study announced Monday will corral the expertise of drug policy and brain development experts to examine the impact of canna

Cannabis shops back up for debate at Centre Wellington council Image Cannabis NewsMay 28, 2024 The future of cannabis stores in Centre Wellington is once again up for debate. Last December, council deferred a decision on whether pot shops could legally open in the township. The questions were then sent to an economic advisory committee for further

What impact would Reclassifying Marijuana federally have on Minnesota Cannabis businesses? Image Cannabis NewsMay 28, 2024 DOJ Proposes Marijuana Reclassification to Schedule III, Offering Major Tax Relief for Cannabis Businesses. The U.S. Department of Justice recently proposed a rule that would shift marijuana from a Schedule I to a Schedule III

Hemp regulation law advances, craft brewers warn of small business harm Image Cannabis NewsMay 28, 2024 Illinois Senate Passes Controversial Bill to Regulate Hemp-Derived Cannabinoids, Sparking Industry Backlash. House Bill 4293, which originally dealt with penalties for sex offenders in the massage therapy industry, was gutted and replaced with a

More than one-third of adults may qualify for social equity Cannabis licenses Image Cannabis NewsMay 28, 2024 Minnesota's New Cannabis Equity Rules Could Benefit Up to 40% of Adults. Between 30% and 40% of Minnesota adults could plausibly qualify as “social equity” applicants for cannabis business licenses, according to a Reformer estimate based on

Jelly Roll Says Cannabis Keeps Him "Sober" From Harder Drugs Image Cannabis NewsMay 28, 2024 Jelly Roll Credits Marijuana for Sobriety and Anxiety Relief Amid Battle with Addiction. In a recent interview with Taste of Country, singer Jelly Roll admitted that marijuana has helped stop him from using harder drugs. "I think a world without weed, Jelly

Let’s shift from explaining NY’s Cannabis problems to solving them Image Cannabis NewsMay 28, 2024 Navigating the Pitfalls: New York’s Cannabis Regulation Struggles. New York’s implementation of the Marijuana Regulation & Taxation Act (MRTA) has been plagued by many of the same challenges states that have gone before them experienced. Implementatio

Cannabis businesses can pay up to 80% in taxes. Could easing federal restrictions provide relief? Image Cannabis NewsMay 28, 2024 Struggling to Thrive: How Federal Tax Code Penalizes Legal Cannabis Businesses. The changes could help smaller independent businesses that are struggling to stay afloat A few years ago, Payton Shubrick left her job in fi

DEA Clarifies Hemp Rules: Impact on Cannabis Industry Image Cannabis NewsMay 28, 2024 DEA’s THCA Ruling Sparks Alarm in Hemp Industry, Influences Farm Bill Debate. DEA’s THCA ruling could drastically impact the hemp and cannabis industry. DEA’s stance influences the Farm Bill’s discussions on hemp regulations. Stakeholders advocate for unified hemp

Amendment killing nationally legal Cannabis makes it into House farm bill Image Cannabis NewsMay 27, 2024 A ban on intoxicating hemp products has made it into the House version of the farm bill. If the amendment makes it through a polarized House and divided Congress, it would end America’s brief experiment with nationally legal cannabis. The langu

Martha’s Vineyard Dispensary Sues To Allow Delivery of Cannabis From Massachusetts Mainland Image Cannabis NewsMay 27, 2024 The waters of the Vineyard Sound fall under federal jurisdiction, so delivery of cannabis products is currently illegal. Martha’s Vineyard is an island off the coast of Massachusetts that’s known for its 23 miles of scenic hil

Marijuana would remain illegal in Alabama despite federal change: ‘Even more confusion’ Image Cannabis NewsMay 27, 2024 Potential Federal Reclassification of Marijuana Sparks Concerns Over Legal Confusion in Alabama. If the federal government moves forward with a plan to reclassify marijuana as a less dangerous drug, some worry that it will cause f

Marijuana would remain illegal in Alabama despite federal change: ‘Even more confusion’ Image Cannabis NewsMay 27, 2024 Potential Federal Reclassification of Marijuana Sparks Concerns Over Legal Confusion in Alabama. If the federal government moves forward with a plan to reclassify marijuana as a less dangerous drug, some worry that it will cause f

Louisiana's Medical Marijuana industry is headed for a major overhaul under new law Image Cannabis NewsMay 27, 2024 Louisiana Bill to Transfer Medical Marijuana Licenses from Universities to Private Growers Awaits Governor’s Signature The state's two exclusive medical marijuana-growing licenses could soon move from Southern and LSU to two private g