WeedWorthy News Network

As one of the largest cannabis markets in the US, Illinois still offers many opportunities for entrepreneurs. The Illinois marijuana market is one of the most expensive in the nation and among the smallest as far as the number of brands – but it also offers plenty of opportunity for entrepreneurs

One of the state’s four active cannabis producers has new ownership following foreclosure proceedings, according to a filing with the Securities and Exchange Commission. The new owners of Theraplant is a company called NewCo, which is a subsidiary of East Hampton N.Y.-based DXR Holdco, according to

While the Empire State has yet to fully get its adult-use cannabis program off the ground, that isn’t stopping residents from getting their smoke on. And research proves it! According to a new study, New York City consumes more cannabis out of any city in the world, at 62.3 metric tons

Two Black farmers have received licenses to grow, process and sell medical marijuana, after a new state law helped clear the way for the long-awaited licenses. The Florida Department of Health issued the licenses July 11 to Suwannee County farmer Terry Donnell Gwinn and Bascom based Shedrick McGriff

“Few products had measured CBD concentrations within 10 percent of advertised concentrations,” according to a new study out of Britain. Some CBD products may not be all they seem, according to newly published analysis. Researchers from the United Kingdom assessed a variety of CBD-based liquid

Jim Belushi, the Hollywood actor turned cannabis farmer, is moving into New Mexico through a partnership with dispensary chain Seven Clover. Belushi’s Farm, the actor’s Eagle Point, Oregon-based cannabis brand, was soft launched in Seven Clover stores June 28. A hard launch is scheduled for Aug. 14

Tilray Brands shares spiked Wednesday after the Canadian cannabis producer reported a narrower loss for its fiscal fourth quarter than a year ago and a solid revenue beat. The stock closed nearly 15% higher Wednesday. While a Canadian company, Tilray has been positioning itself to be a leader in the

Mastercard has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the fringes of the financial system in the United States. Most banks in the country do not service cannabis companies as marijuana remains illegal at the

Audit finds regulation branch lacks staff and tools to ensure laws are followed. British Columbia government auditors found the provincial branch responsible for ensuring licensed cannabis retail stores follow the law is understaffed and lacks key tools to do the job. With layers of urban history

The fund was approved by lawmakers last year. A fund created by Massachusetts state lawmakers last year to subsidize equity-owned cannabis businesses there remains empty, according to a report. Boston Business Journal reports that a “bill passed by the Massachusetts legislature last August created a

The Department of Health and Senior Services will begin accepting marijuana microbusiness licenses on Thursday. The application window for the first round of microbusiness licenses is July 27 through Aug. 10. In October, the first 48 microbusiness licenses will be distributed — six in each of the

Police advised locals to avoid “turning this discovery into a treasure hunt.” A Florida beach was the site of some mysterious, lost treasure over the weekend. Police in Neptune Beach, a town in the northeastern corner of the state near Jacksonville, said on Saturday that officers “responded to a

A group of five entrepreneurs from different backgrounds who became friends by supporting each others’ businesses decided one night over a steak dinner: let’s go for it. After making significant investments of both capital and sweat equity, plus a lengthy regulatory approval process, the partners

As Maryland’s recreational marijuana industry goes from budding to booming, a group of hemp industry leaders has banded together to sue the state and cannabis regulators over a licensing process they claim is discriminatory and being monopolized. The Maryland Hemp Coalition, along with several hemp

Oklahoma Bureau of Narcotics sees rise in people injured at grow facilities due to fires. In recent months, authorities say numerous marijuana farms across Oklahoma have caught fire or suffered explosions due to bad wiring or improper storage of chemicals. Investigators who fight illegal drugs in

Missouri Governor Mike Parson recently signed a new law that will make it easier for some banks to grant loans to marijuana businesses. The new law will also require those businesses to submit fingerprints for all marijuana company employees to the state highway patrol for background checks. Leaders

Cheech and Chong's Cannabis Co, Joins Forces with Southern Sky Brands to Enhance Medical Cannabis Access in Mississippi. Cheech and Chong's Cannabis Co., the renowned pioneers of the cannabis industry, and Southern Sky Brands, a leading provider of medical cannabis products, are excited to announce

James Hilbert, the owner of the beer boutique One Stop Brew Shop in Greece, has spent years carving out a niche as a purveyor of a highly curated selection of sour ales, Saisons, and IPAs. But his fastest growing product for months has been an inebriant of a different variety: THC-infused seltzers

Just two of six marijuana licenses awarded so far. Under construction in Middle Georgia, a giant warehouse is almost ready to begin growing medical marijuana for over 50,000 registered patients and caregivers. There’s one big problem: The company, Fine Fettle, is still waiting to receive a license

A city official says the ordinance “will help provide a stable workplace, stronger workforce, and contribute to a better overall economy for Seattle.” A newly enshrined ordinance in Seattle will give cannabis dispensary workers in the city stronger labor protections, part of an ongoing effort by