WeedWorthy News Network

Marijuana retailers end up paying corporate taxes that are much higher than those paid by retail businesses. Congress should change the 280E tax law that puts them at a disadvantage. Theory Wellness operates like any other Massachusetts business. It abides by state licensing regulations, building

Cannabis cultivators take great care. Transferring a seedling from its mother plant to new pots. It joins its siblings in a highly-controlled room. Twelve hours of light, 12 hours of darkness. Its vegetative state is critical to its maturation. Temperature, humidity, and airflow are tightly

In a boost to the local adult-use cannabis industry, town officials have approved plans from two companies to open separate facilities to grow the product and make THC-infused snacks and drinks. The Stratford Zoning Commission voted unanimously this week to authorize the respective projects from

Santa Barbara County Supervisors Pass First Reading of Cannabis Fee Addition Despite Dissent. An ordinance amendment that will add another fee to cannabis operations was approved Tuesday on a first reading by the Santa Barbara County Board of Supervisors and will come back at the Aug. 29 meeting for

Outgoing councilman says Warren is missing out on tax revenue. A resolution to bring recreational marijuana to Warren was tabled by City Council after a discussion that became heated at times Tuesday. Councilman Ronald Papandrea introduced the proposal which he said was meant to establish

Over the past 20 years in New York, I have built companies in the middle of the supply chain (design, manufacturing, marketing, distribution). I have been a successful business builder and a job creator. Now, I am one of the first female processors in our state and one of the few female processors

Wood River Cannabis Dispensary Gets Green Light as Council Opts Against Referendum. There will be a cannabis dispensary in downtown Wood River; there won’t be a referendum to approve it. Hamstrung by the actions of a prior administration, councilmen opposed to the dispensary opted to drop their push

A Florida-based company is looking for permission to build a 64,000-square-foot cannabis-growing center in the southern end of Bloomfield only blocks from the Hartford line. AYR Wellness operates dispensaries in six states, and wants to make its Connecticut debut with its own cultivation center at

A former illegal marijuana grow farm in Johnston County will go on the auction block next month. The Johnston County Sheriff’s Office announced Tuesday that a 19.24-acre lot near Coleman will be available from Sept. 11 to Sept. 13 at an online auction. An opening bid of $755,006 will start the

When it comes to cannabis culture, no two names are more prominent than Cheech and Chong Entertaining the marijuana masses for over 50 years, the duo defined stoner comedy. After meeting in Vancouver, Canada, in the late 1960s, Tommy Chong and Cheech Marin were destined for ganja greatness. Within

State Supreme Court Justice Kevin R Bryant issued an injunction Friday stopping New York's marijuana licensing program amid a lawsuit filed by four veterans. ALBANY — Marijuana retail store operators and applicants hoping to become one have been left confused after a judge granted an injunction

Big-pharma has so far been cautious of diving headfirst into the cannabis industry, despite the growing body of evidence surrounding its medical benefits. Pharmaceutical cannabis sales are set to top $1.11bn this year, with the world’s largest and most lucrative pharmaceutical market, the US

Will Ohio be the next state to usher in a new era of reform and recreational cannabis? Ohio just approved a statewide vote on adult-use cannabis on November’s upcoming ballot, and it’s looking like business would be booming should it be approved. A study published earlier this month by researchers

Gloria Govan Takes the Helm as General Partner at Alta II, Pioneering Accessible Real Estate Financing for Minority-Owned Cannabis Ventures. On Wednesday, RLNTLSS Brands founder and President Gloria Govan announced her appointment as General Partner of Alta II, a real estate lender with the goal to

Cresco Labs CEO Optimistic About Federal Marijuana Reform Despite Delays, Anticipates Positive Progress in DC. During the Chicago-based company’s most recent earnings call, Cresco Labs CEO Charles Bachtell strongly implied that he believes federal marijuana reform is still on the horizon, despite

Alarming Surge: Binge Drinking, Vaping, Marijuana Use Record High Among US Adults, University of Michigan Study Finds. Binge drinking, vaping, marijuana use, and hallucinogen consumption reached an all-time high among US adults in 2022, showing a significant upward trajectory in substance use in

Producers and retailers say current federal tax is not sustainable for the industry. With high taxes, a saturated market and few options, some of Canada's legal cannabis producers are struggling. When the federal government legalized the sale of recreational cannabis in October 2018, retail

A proposed Embarc location was far enough away from a school, but locals appealed its permit to open, saying it’s a nuisance because of smell and security. After bending over backwards to meet the criteria for compliance, residents in Pinedale, a neighborhood of Fresno, California, rallied in Fresno

After cannabis sales lagged in New York, marijuana growers are coming together to participate in the state’s Cannabis Growers Showcase’ initiative in hopes of getting their stockpiled crops sold. Many cannabis growers have been struggling to get last year’s crop on the shelves due to a lack of

The limited-edition box coincides with Dwyane Wade’s recent induction into the NBA Hall of Fame. Former NBA athlete and Hall of Famer Dwyane Wade recently announced the details regarding his special cannabis box launch in collaboration with Jeeter. “My partners, Jeeter and I, have created this