WeedWorthy News Network

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

Branding the bud: Marijuana companies want California to issue trademarks for pot – Cannabis News

Marijuana distributors are already lining up to pick brand names for their buds once sales become legal in 2018.

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Cannabis-based Booze to be ‘Biggest Disruptor Ever’ – Cannabis News

As marijuana increasingly gets the legalization green light, what does it mean for spirits?

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Marijuana brands can trademark almost anything, except marijuana – Cannabis News

Though cannabis is legal for recreational or medicinal use in 28 states, it remains illegal under federal law. As a result, the U.S. Patent and Trademark Office will not register trademarks for marijuana retailers or for products that contain cannabis.

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California's marijuana production is already mind boggling – Cannabis News

The estimated value of marijuana is more than the top five leading cash farm receipts for commodities in California combined.

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Why Marijuana Marketing Will Be Bigger Than Ever This Year – Cannabis News

The 2016 election helped pave the way.

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U.S. Sen. Warren seeks to pull pot shops out of banking limbo – Cannabis News

BOSTON (AP) -- As marijuana shops sprout in states that have legalized the drug, they face a critical stumbling block - lack of access to the kind of routine banking services other businesses take for granted.

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Black Friday, Meet "Green Friday," a Big Marijuana Shopping Day – Cannabis News

Black Friday is the time for door-buster electronics sales, deeply discounted fashion and, oh yeah, purchasing holiday gifts for loved ones. And it's also becoming a big shopping day for medical marijuana.

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Exploring Opportunities in Emerging Cannabis Markets – Cannabis News

Brands are looking to capitalize on the potential outcomes of Election Day, where voters in a number of states could legalize cannabis, creating massive new markets overnight.

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Plans for massive marijuana greenhouse in Massachusetts advance – Cannabis News

On the eve of a vote that could legalize recreational marijuana in Massachusetts, a Colorado company is preparing to build the state’s largest marijuana greenhouse, a sprawling, high-tech complex that could eventually expand to nearly 1 million square feet.

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California: Creating Humboldt County’s marijuana tourism market – Cannabis News

With the potential end to California’s prohibition on recreational cannabis now before voters in November, it poises to open Humboldt County up to an even larger market.

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Weedtown, USA: Home to America’s First City-Owned Pot Shop – Cannabis News

The shop, which opened its doors in 2015, is run by the city, making it the only government-operated cannabis store in the country.

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Michigan could gain millions in tax revenue in legal marijuana market – Cannabis News

LANSING — A fully developed legal market for medical marijuana in Michigan could lead to millions of dollars in new state tax revenue.

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Denver-based MassRoots lays off staff, defaults on debt – Cannabis News

Denver-based marijuana social networking company MassRoots Inc. has laid off more than 40 percent of its staff and has defaulted on its debt, according to filings with the Securities and Exchange Commission this week.

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Marijuana Price Slips to $2,023 per Pound – Cannabis News

For the week ended Friday, June 10, the spot price index for a pound of cannabis decreased 3% from $2,086 in the prior week to $2,023.

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Colorado sets record with $117M in weed sales for April – Cannabis News

Colorado marijuana shops sold almost $76.6 million in recreational cannabis for April 2016.

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Task force looks at energy, water use related to marijuana production – Cannabis News

A task force in Oregon, studying energy and water use associated with marijuana production, is likely to recommend that the state do more to educate growers about existing agricultural rules and practices, as well as back a certification process that encourages Oregon's new industry to pay closer attention how it uses natural resources.

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Marijuana sales tax revenue huge boon for Colorado cities – Marijuana News

From small towns that barely dot the map to the state’s largest urban areas, revenue from retail marijuana sales is helping communities address homelessness, send children to college, patch potholes, secure water rights and fund an array of projects.

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Cannabis By The Numbers: How Much Money Will States Bring in From Marijuana in 2016? - Marijuana News

Nationwide marijuana legalization could produce up to $28 billion in yearly tax revenue a new study found.

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O.penVAPE Makes Formal Proposal for Naming Rights at Denver’s Mile High Stadium – Marijuana News

Today, O.penVAPE, a Colorado-based manufacturer of vaporizer devices, cartridges and other marijuana-related products, is announcing that it has "submitted a proposal to partner with the Metropolitan Football Stadium District, home of the Denver Broncos, to sponsor Denver's landmark stadium."

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How Retail Lows Could Lead To Marijuana Highs – Marijuana News

Could failing retail businesses provide the cannabis and warehouse industries with an unexpected spark?

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