WeedWorthy News Network

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

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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Marijuana sales spike in Oregon during the holidays – Marijuana News

Holiday greeting card. Image: 320 Ranch via Wikimedia Commons

EUGENE, Ore. - 2015 marks the first holiday season for recreational marijuana in Oregon. For many local pot shops, sales around Christmas day were holly jolly.

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Colorado's pot industry is a cash business. A small credit union wants to change that. – Marijuana News

Customers shop at the Grass Station dispensary in Denver. Because of federal banking regulations, Colorado's $700-million-a-year industry runs almost entirely on cash. Image: Brennan Linsley, Associated Press via Los Angeles Times

Calling itself the "littlest David" battling the "biggest Goliath," a fledgling Colorado credit union took the Federal Reserve to court Monday in a case that may determine whether the cannabis industry will bank openly or continue to operate almost entirely in cash.

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As Pot-Growing Expands, Electricity Demands Tax U.S. Grids – Marijuana News

A 1,000-watt bulb, Image: Matthew Staver, Bloomberg

Pot’s not green. The $3.5 billion U.S. cannabis market is emerging as one of the nation’s most power-hungry industries, with the 24-hour demands of thousands of indoor growing sites taxing aging electricity grids and unraveling hard-earned gains in energy conservation.

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Do Cannabis Entrepreneurs and Big Business Actually Need Each Other? – Marijuana News

Steve DeAngelo at a protest in Oakland. Image: Glenn Halog Via Flickr

Cannabis entrepreneur and activist Steve DeAngelo long hated the idea of corporations entering the marijuana industry. But today, DeAngelo thinks partnerships with these giants are crucial for the success of the industry.

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Colorado Marijuana Tourism: Cannabis Tours, Bud Hotels Popular With Visitors, But State Won't Market Legal Pot To Travelers – Marijuana News

Image: Budandbreakfast.com

Nearly two years after recreational pot sales became legal across the state, state tourism officials have continued to downplay Colorado's weed tourism, with some officials going as far as to deny the lure of cannabis culture — against all evidence.

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Marijuana has huge influence on Colorado tourism, state survey says – Marijuana News

Downtown Denver and Mount Evans. Image: Bryan Simmons via Wikimedia Commons

A recent Colorado Tourism Office survey of summer travelers shows 48 percent were influenced by legal recreational pot.

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