WeedLife News Network

Pot stocks jump on reports that US may ease Cannabis restrictions Image Cannabis NewsSeptember 5, 2023 Embattled Canadian cannabis stocks jumped Thursday on the hope that the U.S. may ease restrictions on the substance. The Associated Press reported that the U.S. health department has recommended marijuana be moved from a schedule one to a schedule

What the federal 'Rescheduling' of Cannabis would (and wouldn't) mean Image Cannabis NewsSeptember 5, 2023 It wouldn't legalize the plant, but it may be better than nothing. Even still, the DEA has to approve the measure. You may have heard the big news that cannabis could be “rescheduled,” from Schedule I to Schedule III. Here’s what it means, wit

What the federal 'Rescheduling' of Cannabis would (and wouldn't) mean Image Cannabis NewsSeptember 5, 2023 It wouldn't legalize the plant, but it may be better than nothing. Even still, the DEA has to approve the measure. You may have heard the big news that cannabis could be “rescheduled,” from Schedule I to Schedule III. Here’s what it means, wit

Cannabis Industry enjoys a rare moment of Progress Image Cannabis NewsSeptember 5, 2023 Long-delayed step. It’s not very often that Trump supporter and Republican Representative Matt Gaetz and Democratic Senate Majority Leader Chuck Schumer are on the same page. But that’s where we found ourselves last week after the Department of Health and Human

Decibel expands global footprint into UK Medical Cannabis market Image Cannabis NewsSeptember 1, 2023 Canada-based Decibel is expanding its global footprint through a new supply agreement to provide premium dried medical cannabis flower to the United Kingdom’s 4C LABS. 4C Labs is a healthcare, technology and pharmaceutical company focused on virtua

Regulators ‘concerned’ after two Michigan doctors issue 23,000 medical Marijuana cards Image Cannabis NewsSeptember 1, 2023 The data raises suspicions, according to a recent audit. Eighteen Michigan doctors were responsible for nearly 62% of 134,709 medical marijuana patient certifications cards issued in Michigan between April 1, 2021 and Sept. 29

Illinois’ first music festival permitting Cannabis consumption announced Image Cannabis NewsSeptember 1, 2023 Illinois to Host 'Miracle in Mundelein' - State's First Cannabis-Friendly Music Festival. Organizers have announced Illinois’ first concert that permits cannabis consumption – a two-day event in September that merges music and cannabis cult

Change in how feds see Marijuana could mean big tax cut for Pot retailers Image Cannabis NewsSeptember 1, 2023 The biggest impact of reclassifying marijuana could be seen in industry taxes. The Biden administration is rethinking how it classifies marijuana under a federal list of drugs, a move that could allow the cannabis industry to save potentia

Colorado Cannabis industry sees positives and drawbacks to Marijuana reclassification Image Cannabis NewsSeptember 1, 2023 Marijuana is currently classified as a Schedule I drug, alongside heroin and LSD. DENVER — The US Department of Health and Human Services (HHS) on Thursday recommended that the Drug Enforcement Administration (DEA) move marijua

Warning over Cannabis laws after ganja edibles sold on delivery app Image Cannabis NewsSeptember 1, 2023 Chief Medical Officer Warns Against Illegal Sale and Use of Cannabis Products in Cayman Following Teen's Illness. Following a report of a teenage boy becoming ill from ingesting ganja edibles ordered through a food delivery app, Chief Medical Of

It’s time to take women’s buying power seriously in Cannabis Image Cannabis NewsSeptember 1, 2023 The feminine point of view has commanded 2023. Summer tours from Beyonce and Taylor Swift “unleashed the spending power” of women and created an “economic tsunami” of value in each city they visited. Barbie smashed the box office earning over $700 mill

Rescheduling Cannabis could negatively impact Medical community Image Cannabis NewsSeptember 1, 2023 Potential Rescheduling of Cannabis Sparks Hope and Questions: Q&A with Bri Padilla of The Chamber of Cannabis. The news earlier this week, courtesy of a report by Bloomberg News, that the Health and Human Services is recommending that the Drug Enfor

Cannabis insurance startup raises $3M on rescheduling news Image Cannabis NewsSeptember 1, 2023 James Whitcomb, a former CEO of Parallel, helms Frontier Risk Group. Frontier Risk Group raised $3.1 million in seed funding with the help of Casa Verde Capital, apparently on the wave of optimism generated by the marijuana rescheduling news this week. T

Cannabis stocks surge after HHS recommends classifying Marijuana as lower-risk drug Image Cannabis NewsSeptember 1, 2023 Cannabis Stocks Surge as Department of Health Recommends Rescheduling, Offering Hope to Industry. Cannabis companies are rallying for their second day in a row after the Department of Health and Human Services recommended moving

Medical Cannabis sales set to surpass last year’s record of $270M Image Cannabis NewsAugust 31, 2023 But the state is conservative even by Republican standards. The people of Arkansas spent $23.2 million on medical cannabis in July, Arkansas Democrat-Gazette reports. According to the Department of Finance and Administration, such recent spending is

German 'Cannabis clubs' on high as legalization looms Image Cannabis NewsAugust 31, 2023 Hanover's cannabis club started as a fringe outfit of nine members campaigning for the right to legally light up joints. Now the group, and others like it, are flourishing and mainstream as Germany gears up to legalise marijuana. This month the government appro