WeedWorthy News Network

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

1 Stunning Infographic Shows Just How Large Marijuana Has Become – Marijuana News

Comparing legal marijuana sales to the annual revenue of nine popular food and beverages brands proves to be no comparison at all.

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Here’s Who’s Likely to Reap the Benefits of Recreational Marijuana in California – Marijuana News

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.

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Pot's practical cousin: Hemp ready to put down roots in Nebraska, but DEA stands in the way – Marijuana News

KEARNEY — Two years after Nebraska legalized the growing of industrial hemp for research purposes, not a single seed has been planted. The delay, some advocates say, is an economic mistake, leaving the state out of the rush to capitalize on the potential of what some call a “magical plant.”

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Why pot shops in the U.S. will soon set sales records – Marijuana News

With 4/20 now its own legitimate holiday, U.S. marijuana shops will set new sales records this month, analysts predict.

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Legal Marijuana Business Finds Its Footing, Despite Challenges – Marijuana News

Heightened competition in the market for legal recreational weed is pushing prices down and firing up border wars across state lines.

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Cannabis Entrepreneur Wanda James Talks Finding Your Place in the Industry – Marijuana News

There are ways to get in the marijuana industry and James is here to help you find them.

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What the legal pot industry wants now: advertisers – Marijuana News

If other products can be rebranded, why not marijuana? After all, it's an industry that's expected to reach $44 billion in sales by 2020.

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New oil springs up in Texas: cannabis oil – Marijuana News

A new law legalizes cannabis oil to help some Texans who have intractable epilepsy. If plans move forward, cannabis oil could be available for some epileptic Texans by late 2017.

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Marijuana Legalization in Massachusetts Could Rake in a Whopping $1 Billion in 4 Years – Marijuana News

Marijuana sales could surpass $1 billion in the state of Massachusetts by the year 2020 — if the state chooses to legalize weed for recreational purposes in the fall, that is.

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Why Richard Branson spent extra time in Colorado – Marijuana News

Branson’s firsthand exposure to cannabis-funded drug abuse treatment in Colorado is significant, state officials and marijuana industry representatives agree.

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Pot Entrepreneurs React to SCOTUS Dismissal of Anti-Legalization Suit – Marijuana News

After a year of debate, the country's top justices decide not to hear a case claiming Colorado's pot legalization has negatively impacted law and order in neighboring states.

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New York Medical Marijuana Company Battling Google Over Ads – Marijuana News

Vireo Health of New York is battling Google because it blocked their digital advertising for marijuana-based drugs.

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Kentucky ramps up hemp test production in 2016 – Marijuana News

Kentucky is accelerating hemp production in the third year of testing its potential as a cash crop.

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Legal marijuana sales forecast to hit $23 billion in 4 years – Marijuana News

DENVER — Marijuana is rapidly becoming a big, semi-legal business across the country, with $5.7 billion in sales last year and tens of thousands of people working and paying taxes as they cultivate, package and sell cannabis.

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Cannabis Growers Look To Traditional Farmers For Lessons – Marijuana News

Cannabis cultivation is moving from darkened basements into well-lit growhouses and even farm fields. As more states legalize the growth of marijuana or hemp, growers are turning to traditional farmers for help in turning cannabis into the next big American commodity.

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Legal Marijuana: A $44 billion business by 2020? – Marijuana News

The growing acceptance and legalization of marijuana is helping the U.S. cannabis industry expand well beyond niche status. It's forecast to pump from $24 billion to $44 billion annually into the country's economy by 2020, according to an industry publication.

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Americans bought more legal pot than Girl Scout cookies in 2015 – Marijuana News

The weed industry is becoming a legitimate economic engine. Sales of legal marijuana in the US are estimated to more than double by 2020, as is the broader economic impact of the industry, a new report predicts.

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Will falling oil prices help push marijuana legalization in Texas? Advocates hope so. – Marijuana News

AUSTIN — Optimistic advocates hope Texas will legalize the green to make more green. Low oil prices could make the stakes higher than ever for Texas’ economic future when lawmakers meet to pass the state’s next budget in 2017.

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Marijuana industry helping some small towns survive – Marijuana News

EMPIRE, Colo. – Colorado’s $1 billion marijuana industry is helping some small towns stay afloat. A prime example is the town of Empire, in Clear Creek County.

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Hemp industry could explode in Massachusetts if ballot measure passes in November – Marijuana News

BOSTON - A measure on track for the November statewide ballot would open the doors of the Massachusetts marketplace to legal use of recreational marijuana. But a small section in the proposed ballot measure promoted by the Campaign to Regulate Marijuana Like Alcohol would also regulate the cultivation, process, distribution and sale of hemp.

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