WeedLife News Network
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Aurora Cannabis: Recent Performance Improvements Are Undeniable Image Cannabis NewsMarch 27, 2024 Aurora Cannabis Faces Uphill Battle Despite Strategic Moves Towards Recovery. Aurora Cannabis shares have plummeted by over 95% in the past three years due to low demand and operational inefficiencies. The company's sales performance has declined, and
Cops forced to return $800,000 in Pot after controversial raid Image Cannabis NewsMarch 27, 2024 California Police Forced to Return Seized Cannabis in Legal Battle with Distributor. American police have been seizing cannabis for decades, but the tables were turned last week, when law enforcement in a California city was forced to return hundreds of
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
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
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
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
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
Cannabis review calls for several changes as industry struggles Image Cannabis NewsMarch 22, 2024 Cannabis Industry Experts Urge Tax Reform and Packaging Innovations in Federal Report. A group convened by the federal government to study the legislation that made cannabis legal is recommending the country review one of the industry’s biggest gripes:
St. Louis' Triple THC Cannabis Seltzer Brand Hits the Market Image Cannabis NewsMarch 22, 2024 The delta-9-infused beverage brand was founded by two former Wash U students. A new cannabis seltzer created in St. Louis by two former students of the Washington University School of Business has made its debut. Triple THC-infused seltzers come in three
New York must allow commuters and visitors to access their Medical Weed Image Cannabis NewsMarch 22, 2024 New York Lawmakers Urged to Expand Medical Cannabis Access Across State Lines. Every day, hundreds of thousands of people travel to the Empire State to go to work, catch a Broadway show, experience Niagara Falls or to conduct business in the ec
Yellen would welcome US legislation to aid Cannabis banking access Image Cannabis NewsMarch 22, 2024 US Treasury Secretary Calls for Legislation to Address Banking Issues for Cannabis Firms. US Treasury Secretary Janet Yellen said on Thursday she would welcome legislation that would rectify the conflict between federal and state laws on the sale an
Canadian Cannabis Industry Seeks Changes in Promotion Regulations Image Cannabis NewsMarch 21, 2024 Canadian Cannabis Industry Seeks Regulatory Changes. The Canadian cannabis industry seeks regulatory changes to enable joint promotions and build brand awareness. Current regulations restrict direct financial relationships between cannabis producers
US Cannabis Stocks Rally as Harris Urges Quick DEA Decision on Rescheduling Image Cannabis NewsMarch 21, 2024 US Cannabis Stocks Rally As VP Calls On DEA To Come To Rescheduling Decision ‘Quickly’, Amid More Rumors Of Imminent Decision. US cannabis stocks rallied on Friday after Vice President Kamala Harris called on the Drug Enforcement Administra
