WeedLife News Network

The winds of change are sweeping through the United States cannabis industry as the Senate Banking Committee achieved a historic milestone on September 27, 2023. In a resounding display of bipartisan support, they advanced the federal cannabis banking reform initiative, the Secure and Fair

Alistair Monroe can still remember how “barren” the Oakland warehouse looked when he first walked inside. It was 1976, and a then-6-year-old Monroe had no idea why his father would rent a windowless room in a forgotten warehouse on the edge of the city. However, Alistair’s father, Arthur, a world

Maryland Judge Temporarily Allows Sale of Hemp-Derived THC Products Amid Lawsuit. A Maryland judge has issued an order that allows businesses to sell intoxicating hemp-derived cannabinoids while a lawsuit challenging restrictions on the products continues. A Maryland judge has temporarily suspended

There's still hope for the industry, even if Congress doesn't pass marijuana reform. Earlier this year, there was excitement that the federal government might reschedule marijuana from a Schedule I substance down to Schedule III. It would be a big step toward decriminalization, which could help open

Alabama Medical Cannabis Commission Adopts New Rules to Expedite Licensing Process. The Alabama Medical Cannabis Commission on Thursday adopted a new set of emergency rules that members hope will see licenses to grow and sell medical marijuana issued by the end of the year. Adopted during an AMCC

There’s a new device hitting the market aimed at cracking down on cannabis use during work hours. Created by Hound Labs, the Hound Cannabis Breathalyzer is considered the first breath test to isolate recent cannabis use. Traditional drug tests can detect THC in your system, but it can’t tell you if

Although cannabis remains illegal in the US federally, there are now 23 states where adult-use cannabis has been legalized. Ohio and Pennsylvania are the next states expected to allow adult-use cannabis, while Florida could do so in two to three years, one analyst says. Potential reforms to cannabis

The Foundation for Food & Agriculture Research’s (FFAR) Hemp Research Consortium has provided two grants totaling $1,170,000 to Cornell University for hemp research. The 2018 Farm Bill has limited hemp growing in the country as it restricted activities to certain varieties of hemp cultivated in

Beyond Seltzers: THC Beverage Makers Explore Innovative Products. As the hemp-derived THC beverage market becomes saturated with seltzers, local makers are finding other drinks to mix THC with — from coffee and kombucha to soda and mushroom elixirs. Why it matters: Whether fruity or flavored with

Trulieve Cannabis Corp has filed amended federal tax returns with refund claims of $143 million for several of its business entities for the years 2019, 2020, and 2021. Trulieve has stated that it believes it does not owe the money, however, there is no guarantee of receipt. The determination is

Marijuana prices in St. Louis County could soon be cheaper. That’s if a new lawsuit is successful. FOX 2’s partners at the St. Louis Post-Dispatch reported that a dispensary in Florissant is accusing St. Louis County and the Department of Revenue of unconstitutionally collecting a 3% sales tax on

Tilray just delivered record quarterly revenue but fell short of Wall Street's earnings estimates. Here's what investors need to know. Tilray stock is down modestly on Wednesday after the company's latest fiscal quarterly earnings technically fell short of Wall Street's expectations. But there was

Tilray Brands Reports Q1 Fiscal Year 2024 Financial Results. NEW YORK and LEAMINGTON, Ontario, — Tilray Brands, Inc. a leading global cannabis-lifestyle and consumer packaged goods company, today reported financial results for its first quarter fiscal year 2024 ended August 31, 2023. All financial

Two cannabis giants each closed their respective funding deals on Tuesday. Canadian Aurora Cannabis Inc. closed its previously announced bought deal offering of 53,187,500 common shares of the company at CA$0.73 per offered security for aggregate gross proceeds to Aurora of approximately CA$38,826

The streets may not necessarily be paved with gold for cannabis entrepreneurs, but they are filled with regulations. Danielle Jurema Lederman is an attorney in Worcester law firm Bowditch & Dewey’s employment & labor practice area. She represents employers in all stages of mediation, arbitration

The bill has gained support from Arizona Senator Kyrsten Sinema and Attorney General Kris Mayes. The Secure And Fair Enforcement Regulation (SAFER) Banking Act is making headway in Congress after passing the Senate Banking Committee this week. Now, attorneys general across the country are calling

Canada's Cannabis industry cheers US 'milestone'. Canadian cannabis companies and their investors cheered a Senate committee's decision Wednesday to push forward with measures designed to ease federal financing restrictions on their U.S. counterparts. WASHINGTON - Canadian cannabis companies and

A cannabis tax proposal is rocking the quaint Bay Area town of Sausalito, with controversy swirling around a proposed 4% tax on all marijuana sales. The city council doesn’t seem to want the new tax, the residents say it’s a bad idea, and the local pot companies say it would destroy their

Your pot may not be as strong as you think it is. Cannabis producers and testing laboratories say that many labels on legal dried cannabis misrepresent the amount of THC and CBD actually contained in the dried flower, and often overstate both. Studies by two labs and a cannabis producer show that

A bipartisan group of senators on Wednesday introduced a newly revised bill to give state-legal cannabis companies access to business banking services. Dubbed the Secure and Fair Enforcement Regulation (SAFER) Banking Act, the legislation is sponsored by Democratic Sen. Jeff Merkley of Oregon and