WeedWorthy News Network

New Jersey has some of the most expensive recreational marijuana in the nation. The decision by New Jersey’s largest marijuana company to shutter its second growing facility in four months is raising questions about New Jersey’s marijuana supply. Curaleaf announced last week the company is laying

Historically, marijuana companies avoided the hemp market. There’s a small but growing trend of marijuana companies expanding into hemp-derived goods that can still get consumers high. At least four high-profile companies have already made the leap in varying forms, including California-based

Jonathan Elfand built a $25 million-dollar kingdom with Empire Cannabis Club. Then state tax officials raided his dispensaries. And he’s ready for battle. On a hot Tuesday morning in July, a phalanx of New York State Department of Taxation and Finance agents, with bulletproof vests and handguns on

The cannabis insurance market has experienced a variety of transformations and shifts in recent years. As the sector continues to develop, insurance providers are refining their offerings to meet the needs and challenges being presented. In their ‘State of the Market Cannabis report’, Amwins

Senator Ron Wyden (D-OR) has reintroduced a bill that aims to establish US Food and Drug Administration (FDA) regulatory framework for CBD as a dietary supplement or food and beverage additive. Alongside Sens. Rand Paul (R-KY) and Jeff Merkley (D-OR), Wyden announced the reintroduction of The Hemp

New contract includes wage increases, both future and retroactive, improved health care access and paid federal holidays. The United Food and Commercial Workers union, Local 360, on Tuesday said Columbia Care Inc.’s Cannabist retail location in Deptford voted to ratify its first labor contract. The

A big mound of fresh dirt sits at Terry Taylor’s marijuana farm in the high desert of north-central Washington state. Each hole for a new plant gets filled with the clean soil. Large swaths of recently installed landscape fabric cover the ground, and soon the dirt roads on his property will be

The cannabis seller is using its place of authority to provide education on frequently asked questions. Ontario Cannabis Store (OCS) is clearing up myths about the product by dramatizing the fog of differing facts and advice. In “Cannabis Made Clear,” people with clouds encircling their heads are

With more than $10 million in retail sales during its opening weekend and more than $20 million in retail sales during the first week, Maryland's adult-use cannabis market is open for business. Nearly 100 of Maryland's existing medical cannabis dispensaries and 42 cultivators and manufacturers

Cresco Labs partners with Wiz Khalifa's Khalifa Kush to exclusively bring premium cannabis products to Massachusetts. CHICAGO - Cresco Labs, a vertically integrated, multi-state operator and the cannabis industry’s No. 1 producer of branded products, today announced the expansion of a partnership

Data Shows Celebrity Cannabis Brands Outshine Traditional Brands. In this week’s cannabis news round-up, data shows celebrity cannabis brands are outselling traditional brands in California; Maryland’s booming cannabis market is poised to reach billion-dollar status; Maine reports record-breaking

A medical marijuana operator headquartered in Florida has sued an Ohio cultivator and chain of dispensaries over what it alleges is more than $19 million in defaulted loans. Trulieve, through its subsidiary Harvest Health and Recreation, filed the lawsuit Thursday in Franklin County Common Pleas

OJ Barker bought a House of Sacci ball cap, Empire cannabis gummies, Pound Town pre-rolled joints and cannabis flower on Tuesday. That purchase made history. The Buffalo resident was the first person to buy recreational marijuana from a state-licensed dispensary in Western New York. “This is going

Hemp is one of the most diverse crops in the world. Here are six ways to take advantage of the plant. For the most part, mainstream markets today are completely missing out on the benefits of the versatile hemp plant, from its tiny seeds up to its hardy stalks. Hemp is an excellent crop for farmers

Springbig released its Q2 data report highlighting key cannabis market statistics across the United States and Canada. (Benzinga) Quarterly sales data in North America revealed general retail and consumer behavior trends throughout the continent. The average consumer basket size and total spend

New York State Senator Brad Hoylman-Sigal urged the Office of Cannabis Management to take action on unlicensed dispensaries. A New York state senator wrote a letter to the state’s Office of Cannabis Management, urging leadership to engage in “aggressive action” on unlicensed cannabis retailers after

Martin Rasheed was surprised to learn he was among those chosen in a lottery with more than 2,200 other applicants for one of 36 new licenses to open marijuana stores in the Chicago area. “I’m excited and I’m grateful. I never thought I’d be in this position,” says Rasheed, who works as a trucking

As the cannabis industry continues to grow, both in terms of legalization and consumer interest, the dynamics of cannabis branding and consumption are undergoing fascinating transformations. (Benzinga) From the rise of celebrity-backed marijuana brands to the influence of medium-frequency consumers

Industry associations are working to assess losses up and down the supply chain to help them make their case to state legislators for additional aid. After floods devastated Montpelier and much of the state last week, Lauren Andrews, owner of Capital Cannabis on Main Street, spent most of her days

Largest cannabis firm in US says demand in NJ is high, but limited number of dispensaries (just 35) means supply needed to fulfill market is lower than was anticipated. Curaleaf, the leading grower and seller of cannabis in New Jersey, announced Monday that it is laying off 49 employees at its