WeedWorthy News Network

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

A Snoop Dogg brand of weed was pretty much inevitable - Marijuana News

Snoop Dogg performing in Hawaii, 2005. Image: U.S. Navy via Wikimedia Commons

Tying a celebrity's name to a brand can be a big deal for marketing. You see it with sportswear and cosmetics all the time.

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World's first marijuana-funded scholarship approved in southern Colorado – Marijuana News

Colorado State-Pueblo, along with Pueblo Community College, are the two institutions that students may attend using the new marijuana scholarships. Image via csupueblo.edu

DENVER — A Colorado county that boasts the world's largest outdoor marijuana farm and has been actively courting the new pot industry has approved the world's first marijuana-funded college scholarship.

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Oregon utility offers help to cannabis growers after wave of outages - Marijuana News

Cannabis buds at an indoor grow operation. Image: WeedWorthy.com

An Oregon electric utility said on Thursday that residents growing light-craving marijuana plants indoors have sparked a wave of small-scale outages, prompting the company to offer expert help in setting up their home-growing operations.

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One Year After D.C. Legalizes Marijuana, 'Cannabusinesses' Aim High - Marijuana News

Washington, D.C. welcome sign. Image: MPD01605 via Wikimedia Commons

A year ago this month, D.C. residents overwhelmingly approved a ballot initiative legalizing the possession of marijuana in the District and allowing residents to grow it at home.

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Fed wants Denver marijuana credit union lawsuit snuffed out

Fourth Corner Credit Union building in Denver.File Image: David Zalubowski, AP
 
The Federal Reserve Bank of Kansas City has asked a federal judge in Colorado to dismiss a lawsuit filed against it by a Denver-based credit union that wants to provide financial services to the marijuana industry.
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Canada captures U.S. cannabis investment

Canada cannabis flag. Image: Oren neu dag via Wikimedia Commons
Alexandra Posadzki ~ The Canadian Press via GlobalNews.ca ~
 
Friendlier laws on medical marijuana use in Canada are already drawing American investment north of the border, and the trend is likely to further ignite if the federal Liberals make good on their promise to allow recreational use of the drug.
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Feds Block Push by Colorado to Create Pot Bank

File image of the Fourth Corner Credit Union building in Denver. AP Photo/David Zalubowski
Kristen Wyatt ~ Associated Press
 
DENVER (AP) -- Colorado's attempt to create a bank to service its marijuana industry has received a setback from the Federal Reserve.
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Washington Expects Pot Sales Tax Revenue Surge to $1 Billion

Flag Map of Washington State via Wikimedia Commons
 
Washington State expects marijuana sales taxes to bring in more than $1 billion over the next four years, according to a budget forecast published by the Office of Financial Management.
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Marijuana Grower Sued For Using Pesticides

A five bladed leaf from a three month old female cannabis sativa plant. Image: Psychonaught via Wikimedia Commons
 
It didn’t take long before marijuana companies would be treated like any other company, and that means getting sued.
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Why you need a workplace marijuana policy

Advertising staff at Australian Government Printing Office, 1921. Image via Wikimedia Commons
Kathleen Burke ~ MarketWatch ~
 
 If you’re a small-business owner and marijuana has been legalized in your state, should you care?
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The South says no to marijuana but yes to hemp

A tractor cuts a small plot of hemp at a University of Kentucky research plot near Lexington. Image: Dylan Lovan, Associated Press via Washingtonpost.com
 
Tobacco isn’t the reliable cash crop it once was. And that has hundreds of other farmers across the South revisiting a plant from deep in the region’s past: industrial hemp.
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Where to Stash Cannabis Cash? Tribal Nations Make Bid to Bank It

Colorado monthly marijuana sales eclipse $100 million mark

A grow room in Denver. Image: WeedWorthy.com
Elizabeth Hernandez ~ The Denver Post ~

Colorado recreational marijuana sales are close to $60 million in August 2015; medical marijuana sales climb slightly.

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Oregon cannabis workers unionize

Union Cannabis represents unionized cannabis businesses in multiple states. Image: Cannabis Industry Professional Association via Statesmanjournal.com
 
At least two collective bargaining contracts between Oregon cannabis workers and the dispensaries that employ them have been signed, and more are expected to partake in collective bargaining as the industry develops.
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Oregon's first week of recreational pot sales tops $11 million

Marijuana Wellness Products, Hollywood, Portland, Oregon, 2014. Image: Another Believer via Wikimedia Commons
Nina Mehlhaf ~ KGW.com ~
 
PORTLAND, Ore. -- After just one week of recreational marijuana sales, Oregon dispensaries have raked in an estimated $11 million.
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Washington State gets competition as Oregon starts pot sales

Phoenix business owner Ed Polish scans the cannabis on display at Green Valley Wellness on Thursday in Talent, Ore. Oregon marijuana shops began selling marijuana Thursday for the first time to recreational users. Image: Bob Pennell, The Associated Press, via SeattleTimes.com
 
Thursday marked Day 1 of recreational-marijuana sales in Oregon. The competition for customers between Portland and Vancouver, Wash., is now officially on.
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In one Oregon town, a marijuana sale frenzy over the weekend

The Tower Theater in Bend, Oregon. Image: Matthew Hickey via Wikimedia Commons

Ted Shorack ~ BendBulletin.com ~

Medical marijuana dispensaries remained busy throughout the weekend after opening their doors for recreational sales Thursday.

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All of these CEOs have admitted to smoking marijuana

Michael Bloomberg, then Mayor of New York, speaks to the media aboard the amphibious transport dock ship Pre-Commissioning Unit (PCU) New York (LPD 21) in Nov. 2009. Image: U.S. Navy via Wikimedia Commons
 
Some CEOs characterize it as a youthful indiscretion, while others say they’ve been at it for years. Either way, it’s not career destroying.
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Cannabis is on the menu in America - so who will be the Starbucks of marijuana?

Hashman Infused marijuana chocolate bars are hand-crafted by a classically trained artisan chocolatier. Photo: Salvador Ingram

The change in US cannabis laws has led to a growing market in food and drink laced with the drug, as Meg Carter reports.

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Can small businesses really cash in on the legal pot boom?

Sign at Little Grill Collective in Harrisonburg, Virginia during MACRoCk music festival. Image: Artaxerxes via Wikimedia Commons
 
Even as legalization continues to spread, and opportunities in the cannabis industry seem widely available, it can actually be tough for small business owners to cash in on the boom.
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