WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
New Jersey approves recreational cannabis, elects Joe Biden, Cory Booker
New Jersey voters approved legalizing recreational marijuana on Tuesday, and Democrats Joe Biden and Cory Booker won at the top of the ticket in New Jersey's first mostly mail-in election. New Jersey now joins the District of Columbia and 11 states legalizing recreational cannabis. Though, people could legally buy and use cannabis under the constit
Mississippi U.S. reps keep seats, medical marijuana passes
Mississippi is sending all four of its U.S. House members back to Washington. Two Republicans — Trent Kelly and Michael Guest — and the state federal delegation’s sole Democrat, Bennie Thompson, all bested challengers on Election Day. Republican Rep. Steve Palazzo won his race after running unopposed. Voters also approved the legalization of medica
Will These Pot Stocks See a Boost on November 3rd?
Will These Marijuana Stocks Benefit From Election Day? As election day comes, investors continue to wonder which marijuana stocks are worth watching. The answer to this question is a little bit more complicated than previously imagined. For one, there are a few factors that may or may not change the trajectory of the cannabis industry on November 3
If you are a cannabis voter, this is a critically important election for the industry. Voters are considering a number of cannabis ballot initiatives nationally on their presidential election ballots. Voters in New Jersey, Arizona and Montana — where there are existing medical cannabis markets — will consider legalizing adult use. Mississippi may p
There seems to be no stopping drug seizures, the majority being cannabis, at border crossings in New York state, with the amount of confiscated weed increasing more than 1,100 per cent in 2020 compared to 2019. U.S. Customs and Border Protection (CBP) figures from its annual report show that 3,456 pounds (1,568 kg) of cannabis was seized at the Buf
Big day for European hemp farmers and the CBD industry as the allowance of THC in industrial hemp was voted on by Parliament. While still low compared to countries like Switzerland, this Europe THC limit increase would certainly loosen things up. A lot goes on in the world of legal cannabis. Sign-up to our newsletter to always be in-the-loop. Hemp
The USA’s Drug Enforcement Administration and others are being sued over what was claimed to be unlawful destruction of a hemp crop in California. Agro Dynamics LLC says that in August 2019 it acquired the necessary authorisation for the legal cultivation of hemp on their premises in San Diego County. The company then planted approximately 3,000 he
In a legally binding referendum, New Zealand has voted to approve euthanasia as an option for people with a terminal illness to seek medical assistance to end their lives. The preliminary results come from two referendum questions posed to the public while New Zealanders were casting votes in the 17 October general election, which witnessed the ret
As Americans head to the polls more divided than ever on social and economic issues, there’s one thing they’re actually coming together on: cannabis. Much has been made of whether a victory for Democratic nominee Joe Biden, or a potential liberal sweep in the Senate, could bolster marijuana companies. But initiatives on the ballot in a handful of c
A recent report by analyst Bobby Burleson at Cannacord Genuity, an investment banking and financial services company, concluded that “the outlook for the legal US cannabis market is improving” both state and federal levels. Burleson cites polls that demonstrate strong support for ballot initiatives in states like Arizona and South Dakota, while gov
The Mexican Senate will likely vote on a bill to legalize marijuana within the next two weeks, the chamber's majority leader recently said. Activists have been eagerly awaiting action on the reform legislation since the Supreme Court deemed personal possession and cultivation of cannabis unconstitutional in 2018—though some are pushing for a greate
Employees who use medical marijuana to cope with a work-related injury can’t get reimbursed for it through workers’ compensation, Massachusetts’ highest court held Tuesday. If workers’ comp insurers had to pay for marijuana, they could in theory be charged with a federal crime since it’s still illegal under federal law to aid or abet someone in us
A massive raid involving hundreds of investigators and 27 simultaneous search warrants in nine communities in Washington State has taken down an illegal weed-mailing ring based out of Seattle. “Illegal grow operations such as these, with their extensive networks, have a wide-reaching and destructive impact to the communities they inhabit. With the
Will Biden and Harris Be a Benefit to These Pot Stocks? The upcoming U.S. election will have a lot of effects on marijuana stocks and the cannabis industry. While U.S. pot stocks like Scotts Miracle-Gro Inc. (SMG Stock Report) and Innovative Industrial Properties Inc. (IIPR Stock Report), will see a change, Canadian pot stocks will also potentially
Progressive Alexandria Ocasio-Cortez shared her feelings on a bipartisan path towards the legalization of marijuana in the United States at a recent virtual town hall alongside Representative Earl Blumenauer. According to Representative Ocasio-Cortez, popularly abbreviated as AOC, the gap between Republicans and Democrats on the issue of cannabis
While ruby red South Dakota may not be a swing state in the presidential election -- it may be at the forefront of the green revolution as one of five states where recreational and medical marijuana legalization are up for a vote this election year. And it is the only state where both forms of legalization will be on the ballot. Matthew Schweich, t
Compliance is a beast with many tentacles — it’s way more than just inventory tracking. For cannabis cultivators, it can be easy to get tangled and tripped up in the bureaucracy. And things can quickly go sideways if a business isn’t responsive and professional when a regulatory agency flags an issue. Officials in charge will likely wonder what ot
Germany has the largest legal medicinal cannabis flower market in the EU, and it’s about to expand out even further. With imports coming from Canada and even Uruguay, the German cannabis flower market is, indeed, ready to fully explode. Germany has been growing its medical cannabis market in the last few years. According to worldstopexports for 20
Legalizing cannabis in Texas could bring the state more than half a billion dollars in new tax revenue each year, according to a report released last week by a leading cannabis policy and law firm. The economic analysis from Vicente Sederberg LLP also found that legal pot would result in more than $300 million in savings from reduced law enforcemen
