WeedLife News Network

Comparing legal marijuana sales to the annual revenue of nine popular food and beverages brands proves to be no comparison at all.

To hear Troy Dayton tell it, California is on the brink of a gold rush — or, more specifically, a green rush. While insiders are working behind the scenes to put the question of recreational marijuana to voters on the November ballot, investors and business owners throughout the Golden State are getting ready to jump into the recreational pot business.

KEARNEY — Two years after Nebraska legalized the growing of industrial hemp for research purposes, not a single seed has been planted. The delay, some advocates say, is an economic mistake, leaving the state out of the rush to capitalize on the potential of what some call a “magical plant.”

With 4/20 now its own legitimate holiday, U.S. marijuana shops will set new sales records this month, analysts predict.

Heightened competition in the market for legal recreational weed is pushing prices down and firing up border wars across state lines.

There are ways to get in the marijuana industry and James is here to help you find them.

If other products can be rebranded, why not marijuana? After all, it's an industry that's expected to reach $44 billion in sales by 2020.

A new law legalizes cannabis oil to help some Texans who have intractable epilepsy. If plans move forward, cannabis oil could be available for some epileptic Texans by late 2017.

Marijuana sales could surpass $1 billion in the state of Massachusetts by the year 2020 — if the state chooses to legalize weed for recreational purposes in the fall, that is.

Branson’s firsthand exposure to cannabis-funded drug abuse treatment in Colorado is significant, state officials and marijuana industry representatives agree.

After a year of debate, the country's top justices decide not to hear a case claiming Colorado's pot legalization has negatively impacted law and order in neighboring states.

Vireo Health of New York is battling Google because it blocked their digital advertising for marijuana-based drugs.

Kentucky is accelerating hemp production in the third year of testing its potential as a cash crop.

DENVER — Marijuana is rapidly becoming a big, semi-legal business across the country, with $5.7 billion in sales last year and tens of thousands of people working and paying taxes as they cultivate, package and sell cannabis.

Cannabis cultivation is moving from darkened basements into well-lit growhouses and even farm fields. As more states legalize the growth of marijuana or hemp, growers are turning to traditional farmers for help in turning cannabis into the next big American commodity.

The growing acceptance and legalization of marijuana is helping the U.S. cannabis industry expand well beyond niche status. It's forecast to pump from $24 billion to $44 billion annually into the country's economy by 2020, according to an industry publication.

The weed industry is becoming a legitimate economic engine. Sales of legal marijuana in the US are estimated to more than double by 2020, as is the broader economic impact of the industry, a new report predicts.

EMPIRE, Colo. – Colorado’s $1 billion marijuana industry is helping some small towns stay afloat. A prime example is the town of Empire, in Clear Creek County.

BOSTON - A measure on track for the November statewide ballot would open the doors of the Massachusetts marketplace to legal use of recreational marijuana. But a small section in the proposed ballot measure promoted by the Campaign to Regulate Marijuana Like Alcohol would also regulate the cultivation, process, distribution and sale of hemp.

Is there serious money to be made trading the flowers and leaves of the cannabis plant? Amercanex isn’t alone in betting there will be, someday.