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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.

'We have a lock with your name on it', NY Warns Illegal Cannabis

'We have a lock with your name on it', NY Warns Illegal Cannabis Image Cannabis NewsMay 8, 2024 NYC Mayor Adams Warns Illicit Cannabis Operators 'We Have A Lock With Your Name On It'. New York City Mayor Eric Adams ordered the city’s police to shut down 20 stores on Tuesday, the first day of new efforts to dismantle illicit cannabis operations in the Big Apple. "The illegal shops … have become Marijuana Politics Marijuana Business News Benzinga

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Minnesota Senate Approves Bill To Accelerate Licensing of Weed Businesses

Minnesota Senate Approves Bill To Accelerate Licensing of Weed Businesses Image Cannabis NewsMay 7, 2024 The Minnesota Senate has approved a bill to accelerate the licensing of recreational marijuana cultivators. The Minnesota state Senate last week approved a bill to accelerate the licensing of cannabis businesses, narrowly approving the measure by a vote of 34-32. If passed by the legislature and Marijuana Business News High Times

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Medical Cannabis Program on the Decline in New Jersey

Medical Cannabis Program on the Decline in New Jersey Image Cannabis NewsMay 7, 2024 Decline in New Jersey's Medical Cannabis Program Raises Concerns Among Patients. Patient numbers are at an all-time low, and patients are facing a myriad of roadblocks, such as limited medical-only dispensaries, steep doctor’s visit fees, and more. Medical cannabis is at odds with adult-use cannabis Medical Cannabis News High Times

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Big Marijuana is the only winner with rescheduling

Big Marijuana is the only winner with rescheduling Image Cannabis NewsMay 7, 2024 The Rise of Big Marijuana: Who Really Wins with Federal Rescheduling? Last week the Biden administration recommended marijuana be rescheduled from a Schedule I to a Schedule III drug, and it sent the marijuana investment markets skyrocketing. Regardless of the change, marijuana will still remain a Marijuana Business News Union Leader

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‘We’ve drained our savings’: New York Cannabis farmers struggling to stay afloat

‘We’ve drained our savings’: New York Cannabis farmers struggling to stay afloat Image Cannabis NewsMay 7, 2024 Nic Fera, part owner of Goldfinch Flora in Amsterdam, is not shy about describing the precarious nature of his cannabis crop. “It’s next to impossible to keep the cannabis operation afloat when it keeps soaking up all the revenue from our vegetable farm,” he said. Two years after he planted his Marijuana Business News Cannabis Jobs Syracuse

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Sen. Nelson amendments would add consumer protections to Cannabis law

Sen. Nelson amendments would add consumer protections to Cannabis law Image Cannabis NewsMay 7, 2024 Minnesota State Senator Introduces Amendments to Strengthen Cannabis Law Protections. Minnesota State Senator Carla Nelson (R-Rochester) on Friday successfully added four amendments to a Senate bill proposing several changes to the state’s cannabis law. The Nelson amendments are aimed at Recreational Marijuana News Marijuana Politics MNSRC

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Senators criticize Alabama Medical Cannabis Commission; one calls it a ‘money pit’

Senators criticize Alabama Medical Cannabis Commission; one calls it a ‘money pit’ Image Cannabis NewsMay 7, 2024 Alabama Senate Committee Frustrated Over Legal Woes of Medical Cannabis Commission. The head of the Senate’s General Fund budget committee last week vented frustration at the Alabama Medical Cannabis Commission’s legal woes. Speaking at Thursday’s Contract Review Committee meeting, Sen. Greg Cannabis Technology News Medical Cannabis News Alabama Reflector

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New York’s Cannabis applicants deserve more transparency

New York’s Cannabis applicants deserve more transparency Image Cannabis NewsMay 7, 2024 Last month, a Harvard Medical School article described exactly what you are going through right now. It says, “A stressful situation — whether something environmental, such as a looming work deadline, or psychological, such as persistent worry about losing a job — can trigger a cascade of stress Marijuana Business News Cannabis Jobs Syracuse

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For the first time, the government is acknowledging Marijuana’s potential Medical benefits

For the first time, the government is acknowledging Marijuana’s potential Medical benefits Image Cannabis NewsMay 7, 2024 Government Initiates Process to Reclassify Marijuana from Schedule I to Schedule III: Implications for Research and Policy. Attorney General Takes Historic Step to Reclassify Marijuana, Recognizing Medical Potential After 50 Years as Schedule I Substance. For the last 50 years, the government has Medical Cannabis News Recreational Marijuana News The 1A

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DEA Administrator Allegedly Absent from Cannabis Rescheduling Decision

DEA Administrator Allegedly Absent from Cannabis Rescheduling Decision Image Cannabis NewsMay 7, 2024 Confusion Surrounds DEA Administrator's Role in Cannabis Rescheduling Decision. Reports from last week suggesting that the US Drug Enforcement Administration (DEA) would support recommendations for cannabis rescheduling were not approved by the organization’s administrator, one source has suggested Cannabis Technology News Marijuana Business News Business of Cannabis

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NY Lawmakers Say Illicit Pot Shops Must Close Before Adding Licensed Shops

NY Lawmakers Say Illicit Pot Shops Must Close Before Adding Licensed Shops Image Cannabis NewsMay 7, 2024 New York's Cannabis Market Struggles Amid Illicit Sales Surge. New York’s legal cannabis market rollout has been trying, with long delays helping the illicit market flourish while other factors have delayed licensure and opening for legal operators. After officially legalizing cannabis for adult use Marijuana Politics Marijuana Business News Cannabis Jobs High Times

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Cannabis at Winnipeg gas stations? Domo wants it, but government says no for now

Cannabis at Winnipeg gas stations? Domo wants it, but government says no for now Image Cannabis NewsMay 6, 2024 Province limits controlled-access licences to ensure cannabis kept away from youth. Winnipeggers were only a few weeks away from being able to buy cannabis while filling a tank of gas, before the provincial government temporarily banned a range of new businesses, including gas stations, from Marijuana Business News CBC News

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Federal move to reclassify Cannabis as less dangerous could prompt action in Indiana

Federal move to reclassify Cannabis as less dangerous could prompt action in Indiana Image Cannabis NewsMay 6, 2024 Biden's Move to Reclassify Cannabis Spurs Debate on Legalization in Indiana. The Biden administration announced this week it’s moving to reclassify cannabisas a less dangerous drug. That move could put more pressure on the Indiana General Assembly to take some steps toward cannabis legalization. The Recreational Marijuana News Cannabis Jobs Louisville Public Media

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Richland forced to reconsider Retail Cannabis sales. It’s one vote away from lifting it

Richland forced to reconsider Retail Cannabis sales. It’s one vote away from lifting it Image Cannabis NewsMay 6, 2024 A dozen years after it banned local cannabis sales, the Richland City Council is just one vote away from allowing a store to open in its city limits. An unofficial poll of the city’s elected leaders during last week’s workshop revealed a 4-3 split in favor of keeping the ban, with Mayor Theresa Recreational Marijuana News Marijuana Business News Cannabis Jobs Aol

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Blüm Holdings Inc. Acknowledges Impact to Cannabis Industry from DEA’s Plan to Reschedule Marijuana

Blüm Holdings Inc. Acknowledges Impact to Cannabis Industry from DEA’s Plan to Reschedule Marijuana Image Cannabis NewsMay 6, 2024 Embracing Change: Blum Holdings Foresees Positive Impacts of DEA's Marijuana Rescheduling Decision. Blum Holdings, Inc., a cannabis company which through its subsidiaries has operations throughout California, remains optimistic about the Drug Enforcement Administration’s (“DEA”) decision to Cannabis Technology News Marijuana Business News Yahoo! Finance

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Council continues to dissect the already convoluted issue of Cannabis Retail

Council continues to dissect the already convoluted issue of Cannabis Retail Image Cannabis NewsMay 6, 2024 Santa Monica Pioneers Social Equity Measures in Recreational Cannabis Licensing. While the City of Santa Monica is well behind the times when it comes to allowing and regulating cannabis sales in town, officials are attempting to turn that bug into a feature by embedding social equity rules into as Cannabis Technology News Marijuana Business News Santa Monica Daily Press

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Pritzker Administration Issues Next Round of Conditional Adult Use Cannabis Dispensary Licenses

Pritzker Administration Issues Next Round of Conditional Adult Use Cannabis Dispensary Licenses Image Cannabis NewsMay 6, 2024 Illinois Issues 35 Conditional Adult Use Dispensing Organization Licenses to Social Equity Applicants. Governor JB Pritzker and the Illinois Department of Financial and Professional Regulation (IDFPR) today issued 35 additional Conditional Adult Use Dispensing Organization Licenses to applicants Marijuana Politics Marijuana Business News River Bender

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Marijuana money funding 50-acre park with swim area in Jackson County township

Marijuana money funding 50-acre park with swim area in Jackson County township Image Cannabis NewsMay 6, 2024 Transforming Community: Leoni Township Plans Park Upgrades with Marijuana Tax Revenue. New playground equipment, kayak rentals, a swim area and little league playing fields are potential amenities that could be coming to a new Leoni Township park through marijuana tax funds. In December, the Leoni Recreational Marijuana News Marijuana Business News M Live

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Los Angeles court denies $20M Cannabis fraud retrial bid

Los Angeles court denies $20M Cannabis fraud retrial bid Image Cannabis NewsMay 6, 2024 In reality, the facilities were owned by third parties. A Los Angeles judge has denied a motion for a new trial by CADM Inc. and its affiliates, who were ordered to pay $20 million in damages to Leafire Inc. and Llulllu LLC for defrauding them in a real estate scheme involving several cannabis Marijuana Business News Cannabis Jobs Green Market Report

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What reclassifying Marijuana in US could do for New York's Cannabis market

What reclassifying Marijuana in US could do for New York's Cannabis market Image Cannabis NewsMay 6, 2024 The industry needs to move toward a better normalization, but it's a step in the right direction. The U.S. Drug Enforcement Administration is moving forward in the process of reclassifying marijuana in the country from a Schedule I controlled substance to a less restrictive Schedule III category - Medical Cannabis News Recreational Marijuana News Audacy

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