WeedLife News Network

Former Minnesota Governor Jesse Ventura Launches Cannabis Edibles Brand on 4/20. Former Minnesota Gov. Jesse Ventura, who supported cannabis legalization when he served from 1999-2003, is launching his own edibles brand on 4/20, fulfilling what he calls a "lifelong dream." "Thanks to a diverse group

Legalizing recreational marijuana viewed as good for local economies; mixed views of impact on drug use, community safety. As more states pass laws legalizing marijuana for recreational use, Americans continue to favor legalization of both medical and recreational use of the drug. An overwhelming

US Bankruptcy Appellate Panel Rules on Cannabis Industry Employee's Chapter 13 Bankruptcy Petition. The U.S. Bankruptcy Appellate Panel has found that an employee of a state-licensed cannabis business could not avail himself of Chapter 13 protection. The debtor, Scott Blumsack, is a full-time

Cannabis retailer Nova Cannabis Inc reported its first year of net revenue in 2023, as part of its recently-released annual report. The company saw some of its largest increases in revenue from the growth of its “data licensing program.” The Alberta-based retail chain owns and/or operates 96

Three years after adult-use cannabis was signed in New York, the Cannabis Control Board is addressing the needs of struggling farmers. The New York State Cannabis Control Board (CCB) recently voted to waive cannabis cultivator licensing fees for the next two years. Gov. Kathy Hochul celebrated this

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 its core medicinal marijuana market in Canada is

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 pounds of cannabis to a pot distributor. Costa

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 hyped in a press release at the time. With natural light pouring through floor-to

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 includes adding sales taxes for products like candy and

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 cannabis business to face backlash due to

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 former Wells Fargo at 4302 Connecticut indicated a gifting shop

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 voters, was suggested as a way to

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 prompted several cannabis stocks to

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 Tribes to spur economic development in the western United States

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 it down,” said Malman, the owner of Malman Commercial Real Estate

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: excise taxes charged to pot producers. A report

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 flavors — lime, cherry-lemon and grapefruit —

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 economic capital of the world.   Inevitably, some of these

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 and use of marijuana that is preventing cannabis

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 and retailers, limiting promotional activities