WeedWorthy News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedWorthy News Network.
It's been almost two years since Canada legalized cannabis and pot producers have spent millions of dollars marketing their wares in the hope that consumers would know their Tweeds from their Trailblazers.  Most of that money may have been completely wasted, according to a new survey that looks at how well Canadians can identify some of the brands
Cannabis stocks have lost about a quarter of their value in the first half of 2020, compounding a 50 per cent drop in 2019. The upside for investors? There’s never been a better time to do distressed deals, according to Codie Sanchez, managing director at private equity firm Entourage Effect Capital LLC. Liquidity in the sector has been diminishing
Will Next Month Produce Gains For These Marijuana Stocks Original link
It’s been a rough road for some of the OG’s of the cannabis industry. Today, Aurora Cannabis (NYSE:ACB) said its Co-Founder Terry Booth had retired from his role as Director of the Company, effective June 26, 2020. Mr. Booth was the Chief Executive Officer of Aurora from December 2014 through February 2020 and served on Aurora’s Board of Directors
SovereignPort CEO Sarah Roberts Yetman speaks to MCN about the future of the global CBD market and fears over the long term impact of COVID-19. Original link
Cannabis stocks are in for their first big test -- a recession. In the early stages of the COVID-19 pandemic, things were looking good for the cannabis industry as people were stockpiling essentials, including pot. But let's take a look at how the industry's done since then and whether investing in pot stocks can be a safe way to protect your portf
Believe it or not, we're nearly halfway through 2020. It's been a rough year so far for many marijuana stocks, although a few have fared much better than others. I expect that the overall cannabis industry will gain some momentum over the next six months. If I'm right, that should be good news for the stocks of leading cannabis companies. But what'
Can These Pot Stocks Show Value In The Coming Months? Original link
Planting season has arrived in the U.S., and hemp farmers are starting to plant their seeds for the 2020 growing season. Despite some hemp farmers being apprehensive about the 2020 grow season, most farmers remain enthusiastic and steadfast in their operations.  Hemp was a wildly popular crop in 2019 as many farmers looked to grab their piece of th
Stephen J Wyatt, founder and CEO of Hemp Futures, based in Estonia, tells MCN about the importance of customer engagement and accountability. Estonia-based CBD producer Hemp Futures was founded in 2019 with the goal of creating ‘clean, green and organic’ products; and operates across more than 68 hectares of certified organic land. “Estonia is a hi
We’ve all seen social media accounts get shut down left and right in the cannabis industry, especially on Instagram. It’s been happening for years, and brands are often left frustrated and scrambling to appeal or get a new account up quickly. When your Instagram account is taken down, the first thing you need to do is file an appeal. If you haven’t
After a lot of community blowback about not being inclusive enough and a failed attempt at social equity last year, The Los Angeles City Council may adopt new cannabis licensing and social equity plans that would overhaul the existing licensing system.  Original link
n today's rapidly changing economy, there is a lot of discussion about best practices to successfully emerge from the initial impact of the recent COVID-19 crisis. Original link
The cannabis market in Illinois has shown tremendous potential. The state legalized recreational cannabis in January. In the first two months, there was a surge in sales. However, the COVID-19 pandemic hit. Luckily, Illinois deemed cannabis as an essential item amid the pandemic, which didn’t hamper sales. The state recorded drastic sales in April
The cannabis industry has reached a point in its evolution where science and research are no longer an added bonus, rather a necessity.  As we continue to tout the benefits of cannabinoids like THC and CBD, skeptics and investors need science-based evidence in order to establish credibility and trust in the industry. Even those who believe in the b
These Two Pot Stocks Could Prove to be Important For The Last Week of June Original link