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.
WeedWorthy News Network
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.
Colorado marijuana shops sold almost $76.6 million in recreational cannabis for April 2016.
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.
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.
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.
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."
Could failing retail businesses provide the cannabis and warehouse industries with an unexpected spark?
SPOKANE, Wash. – Marijuana sales in Washington continue to rise nearly two years after recreational marijuana became legal in the state.
Farmers have started planting Vermont’s third hemp crop. Though their numbers are few, the acreage devoted to hemp has significantly increased this year, as has the direction of the state’s fledgling hemp industry.
As more and more states legalize marijuana for medical and recreational use, federal state and local governments are in for a tax bonanza, according to a new pair of reports from the nonprofit Tax Foundation.
In the first three months of 2016, Colorado pot shops sold more than $270 million in cannabis and related products, according to new figures from the state Department of Revenue.
As the first city in Southern California to legalize large-scale medical marijuana cultivation, Desert Hot Springs has been inundated by marijuana growers and developers.
Walgreens, the largest drug retailing chain in the U.S. with more than 8,000 stores in all 50 states, is now tackling the subject of medical marijuana.
DENVER — Normally, when a company based in one state wants to sell products in another state, it starts calling truckers. For Strainz, a Las Vegas marijuana company, it was more complicated.
Total U.S. cannabis retail sales on the festive occasion exceeded $37.5 million, marking an almost 30 percent spike in retail transactions since last year’s 4/20 bonanza.
Is cannabis the next Internet? That's the bold claim made by Canada-based Tokyo Smoke CEO Alan Gertner.
Emphasizing the need to honor California’s farmers and their unique challenges, The California Way advertising blitz is supplemented by digital ad placements on Facebook, Twitter and Instagram.
Comparing legal marijuana sales to the annual revenue of nine popular food and beverages brands proves to be no comparison at all.
To hear Troy Dayton tell it, California is on the brink of a gold rush — or, more specifically, a green rush. While insiders are working behind the scenes to put the question of recreational marijuana to voters on the November ballot, investors and business owners throughout the Golden State are getting ready to jump into the recreational pot business.