WeedLife News Network

From Glitzy Pioneer to Teetering Giant: The Rise and Fall of MedMen in California's Cannabis Market Image Cannabis NewsMarch 26, 2024 MedMen: The Highs and Lows of a Cannabis Industry Pioneer. In the summer of 2018, MedMen opened a boutique cannabis dispensary on Abbot Kinney Boulevard in Venice — “the coolest block in America,” as the company hype

2024 U.S. Cannabis Sales Projected To Exceed $31 Billion Image Cannabis NewsMarch 26, 2024 Sales of legal weed in the United States are expected to top $31 billion this year, according to a new economic projection. Regulated marijuana sales in the United States are expected to exceed $31 billion this year, according to a recent economic forecast fr

Nebraska Bill Aims To Increase Taxes on CBD, Hemp Products by 100% Image Cannabis NewsMarch 26, 2024 Nebraska legislators will soon debate one of the largest tax increases in its history. A recent property tax relief bill in Nebraska is seeking to create new income opportunities for the state, including a variety of sales tax exemptions. This inclu

Biden, at risk with young voters, is racing to shift Marijuana policy Image Cannabis NewsMarch 26, 2024 Biden Administration's Incremental Approach to Cannabis Reform Sparks Debate and Hope. Vice President Kamala Harris looked up from prepared remarks in the White House’s ornate Roosevelt Room this month to make sure the reporters in the room could

Backlash to D.C. Marijuana shops moves into the Palisades Image Cannabis NewsMarch 26, 2024 DC's new medical marijuana rules are being tested with the proliferation of new shops, including one in the Palisades neighborhood. Why it matters: The shop, which wants to create a "higher-end safe retail space" for medical marijuana, is the latest proposed

Hyperspectral imaging and machine learning classify Medical Cannabis Image Cannabis NewsMarch 26, 2024 University of the Basque Country project assists control of cannabis production. Growing acceptance of medical cannabis has led to a worldwide increase in production of the plant, but some of the associated legal and regulatory framework has not k

Woman who accidentally gave out Cannabis edibles to trick-or-treaters sentenced to $5K in fines Image Cannabis NewsMarch 26, 2024 Tammy Sigurdur previously pleaded guilty to handing out THC-laced candy to kids in 2022. A woman who accidentally put cannabis candies in bags to hand out on Halloween after running out of loot for trick-or-treaters in 2

Harley-Davidson Pivots to Hemp in Electric Vehicle Division’s Sustainability Push Image Cannabis NewsMarch 26, 2024 LiveWire, the Harley-Davidson electric vehicle division, released a new cruiser with parts made from hemp. What’s the most unique aspect of the recently unveiled S2 Mulholland electric performance cruiser released by LiveWire, Harley-

Drug agents fighting back against Chinese organized crime linked to illegal marijuana industry Image Cannabis NewsMarch 26, 2024 Oklahoma Bureau of Narcotics (OBN) is cracking down on international crime tied to the illegal medical marijuana industry. As first reported in The Frontier, Chinese organized crime is dominating the market. The investiga

New Cannabis 'Gifting' Shops in the Neighborhood Spark Regulatory Discussions Image Cannabis NewsMarch 25, 2024 At least one cannabis gifting shop is opening in the neighbourhood. Canna Art, which placed its sign above the door at 5008 Connecticut Avenue last November, had an artist adorn the walls inside. And on March 12th, a sign posted at the fo

Hermiston council to consider Cannabis licenses Image Cannabis NewsMarch 25, 2024 Hermiston City Council Considers Marijuana Measure and Commercial Naming Rights. The Hermiston City Council will consider placing a measure on the November ballot that would allow marijuana businesses to operate in the city. The move, which will be decided by the vote

Cannabis stocks get buzzed on Germany’s easing of laws Image Cannabis NewsMarch 25, 2024 Germany's Cannabis Legalization Spurs Stock Surges and Industry Expansion Plans. Last week, Germany’s upper house, the Bundesrat (made up of federal state delegates), passed legislation to legalize cannabis starting April 1, 2024, but with limitations. The move

Oregon State receives grant to work with 13 Tribes on Hemp economic development Image Cannabis NewsMarch 25, 2024 Oregon State University's Hemp Innovation Center Secures $10M Grant to Boost Native American Economic Development. Oregon State University’s Global Hemp Innovation Center has received a $10 million grant to work with 13 Native American

Manufacturing skis from Hemp tapes Image Cannabis NewsMarch 25, 2024 Bio-based composites were winners of this year's JEC Composites Innovation Award, including a snowboard made from hemp tapes from Fuse GmbH. In the reinforcement of composites, natural fibres are becoming increasingly important as an efficient, sustainable alternative to synthetic

Colorado’s cooling Marijuana industry leaves many smaller industrial buildings vacant Image Cannabis NewsMarch 25, 2024 In late 2022, real estate broker Jake Malman listed a former marijuana grow facility at 890 Navajo St, in Denver for $9 million. It would sell for $4.1 million a year later. “The market dictates pricing ultimately, and they beat i

Treasury Secretary Yellen Calls for Action on Marijuana Banking Conflict Image Cannabis NewsMarch 25, 2024 Treasury Secretary Janet Yellen Pushes for Legislation to Resolve Marijuana Banking Conflict. U.S. Treasury Secretary Janet Yellen said on Thursday she would welcome legislation that would rectify the conflict between federal and state laws on

Schumer Petition Aims to Rally Support for Marijuana Banking Reform Image Cannabis NewsMarch 25, 2024 The Chuck Schumer Cannabis Banking Push: Key Insights and Strategic Moves. Chuck Schumer is rallying support for the marijuana banking bill, emphasizing its necessity for business safety. The SAFER Banking Act seeks to provide crucial financial ser

Former Mayor, Assemblyman Opens New Jersey Dispensary Image Cannabis NewsMarch 25, 2024 Former politician Scott Rudder is owner and operator of a new dispensary in Riverside, New Jersey. Former Medford, New Jersey mayor and former New Jersey General Assemblyman Scott Rudder is opening a dispensary in Riverside in his home state. Riverside, a suburb