WeedWorthy News Network

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

Could Marijuana Become California’s Next Big Ag Crop? – Marijuana News

California farmers are known for producing some of the finest fruits, vegetables and nuts in the world. But what if the state’s big agriculture also included marijuana?

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Colorado marijuana sales skyrocket to nearly $1 billion in 2015 – Marijuana News

$996,184,788 — that's the final tally for Colorado marijuana sales as December 2015 figures show a record-setting finish.

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Top 6 industries fighting marijuana legalization – Marijuana News

A number of industries stand to lose profits if marijuana is legalized, so they’re heavily funding efforts aimed at preventing that from happening.

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Tech start-ups hope for marijuana sales growth – Marijuana News

The start-up world can expect to see a different kind of green in the next few years if the marijuana business grows as rapidly as some expect.

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Legal Marijuana Sales Could Hit $6.7 Billion In 2016 – Marijuana News

It’s time to take America’s legal marijuana market seriously. As voters in more states embrace legalized marijuana sales, the burgeoning cannabis industry has gone from a curiosity to a bona fide booming market.

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Adapting existing products to the legal marijuana industry

Bruce Kennedy ~ WeedWorthy ~

The producers of an odor-elimination product are looking towards the cannabis sector as a lucrative expansion opportunity.

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As marijuana economy grows, High Times aims to be more than a magazine – Marijuana News

The image many Americans have of High Times is a magazine that symbolizes counterculture, sitting in the corner of a dorm room, maybe on a beanbag chair. Inside its pages: closeup shots depicting sparkling, sticky nuggets of marijuana.

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The Rebranding of Reefer: Savvy Startups Work to Class Up Cannabis and Fight the Stoner Stigma – Marijuana News

The players are investing in sharp packaging, refined logos, retail design and the talent to build on their progress.

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Blowing smoke: Iffy outlook for pot ads – Marijuana News

Pot advertising may hold great promise for the future. But at present that promise is, if you’ll excuse the pun, mostly smoke.

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The Woman at the Center of Colorado's Booming Edibles Industry – Marijuana News

Jaime Lewis, the founder of Mountain Medicine, blends her culinary expertise with her knowledge of weed in order to make edibles that don't taste like crap. We talked to the chef-turned-weed-chef about cooking with cannabis and the industry's future.

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Pot States Take Fresh Look at Out-of-State Investment – Marijuana News

DENVER (AP) -- States that have legalized pot are taking a fresh look at making it easier for out-of-state investors to get in the weed business, saying the industry's ongoing difficulty in banking means they need new options to finance expansion.

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Wall Street investors see budding opportunity in U.S. cannabis – Marijuana News

Image: WeedWorthy.com

Wall Street investors are deciding it's time to just say yes to marijuana as legalization of cannabis in more U.S. states has them smelling money-making opportunities.

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Marijuana moves from the black market to the stock market – Marijuana News

Image: WeedWorthy.com

Selling pot is no longer a private deal. Terra Tech, a cannabis-focused agriculture company, announced its acquisition of the California-based Blum Oakland dispensary on Tuesday.

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Denver firm raises money to build marijuana greenhouses – Marijuana News

Construction on a GrowCo marijuana greenhouse in Colorado. Image: GrowCo via Denver Business Journal

Two Rivers Water & Farming Co. said it's raised $5.5 million to support its subsidiary that builds greenhouses for marijuana growers.

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Marijuana plan backed by billionaire Sean Parker on path to California ballot – Marijuana News

Sean Parker file photo. Image: Amager via Wikimedia Commons

A plan backed by Silicon Valley billionaire Sean Parker to legalize recreational use of marijuana in California is on the path to the November ballot, potentially bringing more than $1bn a year in tax revenue, according to legislative analysts.

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Judge tosses Denver marijuana credit union's suit for federal approval – Marijuana News

Image: The Fourth Corner Credit Union

Forcing Federal Reserve to bank on pot credit union would give approval to criminal activity, federal judge says.

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Crossing the green line: The first cannabis company on Wall Street – Marijuana News

 Derek Peterson heads up Terra Tech. Image via Telegraph.co.uk

A broken neck in a surfing accident triggered a dramatic career change for Derek Peterson, a former Wall Street banker who now heads listed cannabis company Terra Tech.

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$1 billion in legal pot taxes predicted for California – Marijuana News

Image: Wikimedia Commons

California cannabis prohibition is costing the state about $1 billion per year in lost tax revenue that’s sorely needed for social services, a new analysis from the state’s Department of Finance reports this December 21.

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Some Wisconsin companies find opportunity in growing market for legal marijuana – Marijuana News

Vessel Verde, a division of Wausau's Roastar Inc., produces child-resistant plastic pouches for retailers of marijuana-infused products. Image: Rostar Inc. via Milwaukee Wisconsin Journal Sentinel

The rapidly growing marijuana industry — legal to some degree in much of the country — is providing a still-small but potentially fertile bed of opportunity for companies in Wisconsin and other states where the drug remains outlawed.

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Emerging From Shadows, Pot Industry Tries to Build Brands – Marijuana News

Leafs by Snoop packaging. Image: Pentagram

DENVER (AP) -- Snoop Dogg has his own line of marijuana. So does Willie Nelson. Melissa Etheridge has a marijuana-infused wine. As the fast-growing marijuana industry emerges from the black market and starts looking like a mainstream industry, there's a scramble to brand and trademark pot products.

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