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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
USA Moves to Reschedule Cannabis to a Schedule III Drug
Business & Finance
USA Moves to Reschedule Cannabis to a Schedule III Drug Image Cannabis NewsMay 17, 2024 On May 15, the US Justice Department took the latest step needed to reschedule cannabis federally from a Schedule I to a Schedule III substance. President Joe Biden announced his support to reclassify cannabis in a video posted to his official X account. “This i
Biden endorses Cannabis reclassification, slamming 'failed approach'
Business & Finance
Biden endorses Cannabis reclassification, slamming 'failed approach' Image Cannabis NewsMay 17, 2024 The US justice department has formally moved to reclassify cannabis as a less dangerous substance - the country's biggest drug reform in over 50 years. President Joe Biden hailed the step as "an important move toward reversing longstanding inequitie
Cannabis farm found when firefighters called
Business & Finance
Cannabis farm found when firefighters called Image Cannabis NewsMay 16, 2024 The flat's sole occupant, Kastriot Prendi, said he only arrived in Scotland the day before. Firefighters and police found a cannabis farm, run by an Albanian who claims he arrived in Fife the day before the raid, following reports of a blaze at a Kinghorn flat. Fire crews
US Cannabis Edibles Brand Enters Japanese CBD Market
Business & Finance
US Cannabis Edibles Brand Enters Japanese CBD Market Image Cannabis NewsMay 16, 2024 Sunderstorm's KANHA Brand Expands into Japanese Market with New Wellness Lines. Sunderstorm, the company behind award-winning cannabis brands, has secured strategic partnerships to launch new wellness lines in Japan. KANHA will now have a presence in two major Asia
Willie Nelson announces his 'Cannabis Cookbook'
Business & Finance
Willie Nelson announces his 'Cannabis Cookbook' Image Cannabis NewsMay 16, 2024 Willie Nelson announced the publication of a book full of cannabis-infused recipes, written in collaboration with his wife and a celebrity chef. Titled Willie and Annie Nelson’s Cannabis Cookbook: Mouthwatering Recipes and the High-Flying Stories Behind Them, the 256-pa
Cannabis and gaming payments startup Aeropay is now offering an alternative to Mastercard and Visa
Business & Finance
Cannabis and gaming payments startup Aeropay is now offering an alternative to Mastercard and Visa Image Cannabis NewsMay 16, 2024 The key to taking on legacy players in the financial technology industry may be to go where they have not gone before. That’s what Chicago-based Aeropay is doing. The provider of pay-by-bank solutions for businesses sta
Judge Orders Cannabis Dispensary To Rehire Fired Workers And Bargain With Union Even Though Workers Voted Against Unionization
Business & Finance
Judge Orders Cannabis Dispensary To Rehire Fired Workers And Bargain With Union Even Though Workers Voted Against Unionization Image Cannabis NewsMay 15, 2024 Federal Judge Rules Cannabis Dispensary Must Recognize Union Despite Worker Vote. Myong Joun, a federal judge in Boston made a decision in a case involving marijuana dispensary operator I.N.S
47 Ohio communities - and counting - are blocking Recreational Marijuana businesses before legal sales start
Business & Finance
47 Ohio communities - and counting - are blocking Recreational Marijuana businesses before legal sales start Image Cannabis NewsMay 15, 2024 Ohio News Roundup: Marijuana Moratoriums, Masked Protests, and Summer Meals Program. Forty-seven Ohio communities – and counting – have passed moratoriums banning recreational marijuana businesses within their
DEA's historic move to reschedule Cannabis is no panacea
Business & Finance
DEA's historic move to reschedule Cannabis is no panacea Image Cannabis NewsMay 15, 2024 DEA Signals Intent to Reschedule Cannabis: What It Means and What Comes Next. As first reported, opens new tab by the Associated Press, the U.S. Drug Enforcement Administration (DEA) has agreed with the earlier recommendation of the Department of Health and Hum
Marijuana companies are spending millions in the run up to recreational sales launch
Business & Finance
Marijuana companies are spending millions in the run up to recreational sales launch Image Cannabis NewsMay 15, 2024 Cannabis Companies Gear Up for Adult-Use Market Launch. Ohio’s established cannabis companies are gearing up to serve a significantly larger market as a regulatory framework allowing non-medical sales to begin in early summer comes i
Alaska House of Representatives Approved Bill To Change Cannabis Taxes
Business & Finance
Alaska House of Representatives Approved Bill To Change Cannabis Taxes Image Cannabis NewsMay 14, 2024 The bill would change the current tax based on a $50 per ounce to a 7% tax instead. The Alaskan House of Representatives recently voted on May 10 in a 36-3 vote to approve a bill that implements much needed tax reform. House Bill 119 would change
New York Cannabis Director Steps Down Amid Major Agency Overhaul
Business & Finance
New York Cannabis Director Steps Down Amid Major Agency Overhaul Image Cannabis NewsMay 14, 2024 Chris Alexander, executive director of the Office of Cannabis Management, will step down in September. New York Gov. Kathy Hochul last week announced a significant overhaul of the state’s Office of Cannabis Management, including a leadership change at t
Texas leaders zero in on exploding Hemp market
Business & Finance
Texas leaders zero in on exploding Hemp market Image Cannabis NewsMay 14, 2024 Thousands of hemp dispensaries have sprung up in Texas in the years since consumable hemp became legal. Austin hemp entrepreneur Shayda Torabi is looking at a year filled with uncertainty. For the six years they've been in business, Torabi and her two sisters have operat
Maine Residents Face Insurance Woes Due to 'Marijuana Exclusion' Clauses
Business & Finance
Maine Residents Face Insurance Woes Due to 'Marijuana Exclusion' Clauses Image Cannabis NewsMay 14, 2024 'Marijuana exclusion' found in fine print of Mainers' insurance policies. If you're a homeowner or renter in Maine and use marijuana, you might want to check your insurance policy. The CBS13 I-Team finds you could be without coverage in certain
U.S. reclassification could drive fresh research funding into Cannabis sector
Business & Finance
U.S. reclassification could drive fresh research funding into Cannabis sector Image Cannabis NewsMay 14, 2024 Potential Rescheduling of Cannabis Sparks Optimism for Medical Research Funding. The U.S. pot sector could see an influx of medical research funding from healthcare investors amid renewed interest from pharmaceutical firms, should a proposa
Cannabis Products Recalled in Arizona Over Possible Contamination
Business & Finance
Cannabis Products Recalled in Arizona Over Possible Contamination Image Cannabis NewsMay 13, 2024 Onion Bhaji was recalled due to possible contamination with Aspergillus. Regulators in Arizona announced this week that a cannabis establishment in the state has voluntarily recalled a certain product that may be contaminated with a fungus. The Arizona

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