WeedWorthy News Network

In recent years, blockchain technology has emerged as a powerful tool with the potential to revolutionize various industries. A partnership between ACS Laboratory, the largest hemp and cannabis testing facility in the eastern United States, and Blockticity, a leader in guaranteed certificates of

Maryland cannabis companies reported tossing a little over 29 tons of green waste in 2022, according to the Maryland Cannabis Administration, a total that will expand with the legalization of recreational use by adults earlier this year. That’s a germinating problem for the industry: Businesses

The Town of Ocean View is considering regulations on marijuana months after the Delaware General Assembly voted to legalize its recreational use and sale. The conversation in Ocean View comes after a number of coastal communities voted to ban the sale of the drug in town. The Town of Dewey Beach was

The reality is there are fewer dispensaries selling medical marijuana in Michigan as demand for adult-use recreational marijuana dominates. Michigan's medical marijuana industry is wilting. The portion of the cannabis business that stood up legal weed in the state is now at its lowest point since

The Cannabis Retailers Association of Vermont, and others plan to help raise funds for flooded cannabis businesses. “Historic” flooding in Vermont is causing an unprecedented number of landslides in the state, impacting businesses including those in the cannabis industry. After Vermont cannabis

Some entrepreneurs in the first round of licensing have found it difficult to navigate applications, find retail space. Bronx resident Jesus Fontanez was 18 years old when he began taking care of his younger brother after their mother’s passing. It was the late 1990s and Fontanez was living on his

A company is accused of bringing illegal marijuana product into the Missouri market and obstructing the state’s investigation by staging a robbery at its facility. Twice this summer, Andrew Mullins emailed state marijuana regulators to make sure they knew about a potential problem. Mullins, the

A leading exchange-traded fund in the cannabis space will close up shop as investor interest in the legally restricted industry wanes. AdvisorShares, the largest cannabis fund manager, said its Poseidon Dynamic Cannabis ETF will see its final day of trading Aug. 25. The fund will liquidate assets

The bill would have created a task force to investigate the pros and cons of a public bank to serve cannabis businesses. Oregon Gov. Tina Kotek recently rejected a bill that would have created a State Public Bank Task Force. The 19-person team would have studied the pros and cons related to a

'Fool's errand for most': Why Vermont hemp farmers label state program 'complete failure'. HARDWICK ― Once upon a time − in 2018 - hemp was going to save Vermont dairy farmers from the vagaries of supply and demand for milk, and the resulting hardship and economic depravation, by providing a

High in the heart of it all. Ohio’s status as America’s heartland — and its heavy marijuana users — are giving the cannabis industry hope as a potential vote on legalization approaches this fall. A last-minute push to get enough signatures for a ballot initiative is encouraging lawyers, investors

A major problem underlying the cannabis industry’s continuing financial struggles has been overcapacity. In provinces that allow private retailers, there are too many shops competing for too few customers to cover costs. And nationwide, producers have been making more cannabis than the retailers

One evening in mid-July, state drug enforcement agents intercepted a semi-truck leaving an Oklahoma City warehouse bound for New York. The truck was hauling 7,000 pounds of Oklahoma-grown marijuana, concealed in produce boxes, which would have been worth about $28 million on the East Coast. The same

Virginia is handing out fines to hemp retailers in the state that are selling unauthorised products. From 1 July 2023, amendments to Virginia’s Industrial Hemp Law will direct the manufacturing and retail sale of certain hemp-derived products. Under the law, hemp product may not exceed 0.3% THC, and

Alex Norman’s fight to protect the brand he created is part of a trend that industry lawyers say threatens small cannabis businesses. In the fall of 2021, an acquaintance of Alex Norman, the founder of a cannabis apparel and lifestyle brand called Budega NYC, reached out to congratulate him on

New York cannabis cultivators and manufacturers face more challenges than most businesses in the Empire State. At the federal level, the IRS imposes an onerous tax burden on cannabis businesses due to Section 280E of the tax code. The illegal cannabis market also is booming, and legitimate cannabis

While the manual is geared toward growers and producers, a thriving hemp industry would impact the entire state. A new, first-of-its-kind manual will provide guidelines and best practices for NYS hemp growers – a crop with the potential to revitalize economies while revolutionizing industries from

“In the city, city of Compton … ” Go ahead, let your brain sing the rest of the song. 2Pac and Dr. Dre’s Grammy-Award-winning track “California Love” topped the charts in the mid-90s, adding to Death Row Records’ acclaim as a hit-making label. The West Coast franchise launched in 1992 under the

Deal will vault company into the 5th-largest craft brewer in America, with 12 million cases a year. Tilray Brands Inc. is expanding its case of craft brews, announcing a deal to buy eight beer and beverage brands from Anheuser-Busch Companies LLC. In a filing with the U.S. Securities and Exchange

Georgia adds call center and THC card pickup locations. Demand for medical marijuana is on the rise in Georgia now that dispensaries are finally open, but some patients say they’re still unable to buy the product because of government delays. Patients dealing with severe seizures and other illnesses