Six Queens pot shops padlocked in major illegal cannabis bust
Queens DA shuts down six illegal cannabis stores in major citywide sweep QUEENS, NY – A major crackdown on unlicensed marijuana businesses led to the … Read more
Cannabis
Operation Weed Whacker shuts down six illegal smoke shops in Queens with arrests and major cannabis seizures
QUEENS, NY — A sweeping undercover operation targeting six illegal cannabis shops across Queens has led to four arrests, the padlocking of each storefront, and … Read more
Queens DA busts $2.5M cross-country cannabis smuggling ring
A massive interstate cannabis smuggling operation has been dismantled following the seizure of more than 2,800 pounds of illegal marijuana products and the arrest of … Read more
Five dead in illegal cannabis lab blasts as six charged in deadly LA County drug ring
Key Points A deadly drug operation masked as a cannabis business has led to murder charges after two separate explosions in Los Angeles County killed … Read more
Cops padlock 50th rogue cannabis shop as D.C. crackdown blazes on
WASHINGTON, D.C. — A major milestone in the fight against illegal cannabis sales was reached Thursday as city officials padlocked Orbit DC, marking the 50th … Read more
Heavily fortified homes raided in Schenectady illicit cannabis bust
SCHENECTADY, N.Y. — Two homes fortified to resist police entry were raided Wednesday evening in Schenectady as part of a joint operation targeting the illegal … Read more
Ice-T Enters the Cannabis Industry with New Dispensary in Jersey City
Jersey City, NJ – Pioneering rapper and beloved actor Ice-T is making a bold move into the cannabis business with the opening of his new … Read more
Three Men Face Charges After Cannabis Seizure in Long Island City
Three Men Face Charges After Cannabis Seizure in Long Island City
**Queens, NY** – Queens District Attorney Melinda Katz announced the charging of Cesar Egas Nagua, Michel Garcia Rodriguez, and Alain Prieto Romero with criminal possession of cannabis. This follows a search warrant that led to the discovery of more than 850 pounds of cannabis flower in a Long Island City apartment.
The district attorney highlighted that a wellness check call initially led police officers to the large cannabis seizure. All three individuals involved now face felony possession charges as the investigation continues. District Attorney Katz emphasized the risk posed by unregulated cannabis products to the community.
Egas Nagua, 34, from Brentwood, alongside Garcia Rodriguez, 25, and Prieto Romero, 23, both from Long Island City, were arraigned on Tuesday night on first-degree cannabis possession charges. Judge Jerry Iannece has scheduled their next court appearance for January 16, 2025.
According to the charges, police responded to a 911 call on November 4 at around 5:30 p.m. regarding an alleged knife assault in a Long Island City apartment. Upon entry, officers discovered multiple large plastic bags of cannabis in two bedrooms, prompting them to secure a search
Queens District Attorney Shuts Down Unlicensed Cannabis Shop Near Playground in Sunnyside
QUEENS, N.Y. — An unlicensed cannabis dispensary operating near a playground in Sunnyside has been shut down following community complaints, Queens District Attorney Melinda Katz … Read more
Police Bust $10 Million Cannabis Stash House in Queens
Queens, NY – Approximately four tons of illegal cannabis and cannabis products were seized from a storage facility in Floral Park on Tuesday in a … Read more
New Jersey Cannabis Convention Returns to Atlantic City, September 6-7
ATLANTIC CITY, NJ – The NECANN New Jersey Cannabis Convention, presented by Ozone & Simply Herb, is set to make a highly anticipated return to … Read more
New Jersey Man High on Cannabis Edibles Forces Emergency Landing After Bizarre Flight Episode
NEWARK, NJ – Eric Nicholas Gapco, a 26-year-old New Jersey man, was arrested following a series of disruptive behaviors on an American Airlines flight from … Read more
Rockland County Smoke Shops Guilty After Cops Find 405 Pounds of Illegal Cannabis
ROCKLAND COUNTY, NY – District Attorney Thomas E. Walsh II has announced the conclusion of a year-long investigation into several Rockland County smoke shops, with … Read more
Toms River Cannabis Advocate Heading to Prison for Five Years
Toms River, NJ – Daniel Kessel, known for his active role in advocating for the legalization of cannabis dispensaries in Toms River, has been sentenced … Read more
New Jersey Has Cannabis Equity Problem, So Phil Murphy Threw $12 Million At It
BLOOMFIELD, NJ – The New Jersey Economic Development Authority (NJEDA) and the New Jersey Cannabis Regulatory Commission (NJCRC) disclosed an award of $12 million in … Read more
US Senate looks at cannabis banking reform, but industry says it’s not enough
By Moira Warburton WASHINGTON (Reuters) – A U.S. Senate committee on Wednesday will vote on whether to advance a bill that would allow the legal … Read more
Trulieve posts wider Q2 loss, says extreme heat weighing on current quarter
By Tanay Dhumal (Reuters) -Pot firm Trulieve Cannabis on Wednesday posted a wider second-quarter loss and said the worse-than-usual temperature and lower customer spending were … Read more
Elmira Woman Charged for Illegal Sale of Cannabis
WELLSVILLE, NY – This past Friday, the Wellsville Police, with assistance from New York State Police VGNET Officers, arrested Jennifer Soto, a 37-year-old resident of … Read more
Mastercard demands termination of cannabis purchases on its debit cards
(Reuters) – Mastercard has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the … Read more
Skittles maker Wrigley settles with cannabis company over trademark
By Jonathan Stempel (Reuters) – Wrigley, the maker of multi-colored fruit-flavored Skittles candies, has settled a lawsuit accusing a seller of cannabis-related merchandise of trademark … Read more
O’Scanlon Introduces Legislation to Crackdown on Underage Alcohol and Cannabis Use
Sen. O’Scanlon introduced a bill that would reinstate penalties for underage possession and consumption of alcohol and cannabis.
Canadian regulator pushes for more competitive cannabis industry
(Reuters) – Canada’s Competition Bureau on Friday made several recommendations for a more competitive legal cannabis industry in the country and to safeguard it from … Read more
California’s cannabis firms band together to address credit woes
(Reuters) – A coalition of cannabis firms, representing about 45% sales volume in California, on Tuesday started an effort to address credit issues that have … Read more
US cannabis firm Greenlight issues first dividend to shareholders
By Arunima Kumar (Reuters) – Cannabis company Greenlight said on Tuesday it has issued a dividend to its shareholders, calling the move a first by … Read more
Stolen Handgun and Cannabis Possession Lead to Arrest in Maryland
UPPER MARLBORO, MD – Gregory Neverson, a 20-year-old from Upper Marlboro, has been charged with illegal possession of a stolen handgun and possession with intent … Read more
High & Dry: Banking crisis to further choke funding for cannabis sector
By Mrinalika Roy (Reuters) – The global banking turmoil threatens to squeeze U.S. cannabis companies already struggling with meager funding sources by drying up support … Read more
Red State Votes Down Recreational Weed After Years Of Cannabis Chaos
Red State Votes Down Recreational Weed After Years Of Cannabis Chaos Bronson Winslow on March 8, 2023 Oklahoma voters Tuesday rejected a ballot initiative to … Read more
Argentina makes headway in establishing a cannabis export industry
MONTE VERA, Argentina (Reuters) – Argentina’s new cannabis watchdog is overseeing more than 50 projects related to the research and development of cannabis and is … Read more
Twitter becomes first social media platform to allow cannabis ads in U.S
(This Feb. 15 story has been corrected to clarify that Curaleaf reduced payroll by 10% not workforce in the last paragraph) By Mrinalika Roy (Reuters) … Read more
Argentina sets high hopes on cannabis exports with budding new agency
(Reuters) – Argentina on Wednesday launched the first working group of a new national agency to regularize and promote the country’s nascent cannabis industry, which … Read more
Calabasas Man Sentenced to 17½ Years in Prison for Scamming Cannabis Vaping Business Investors Out of More Than $35 Million
LOS ANGELES – A former UCLA decathlete who also competed with the Philippines national team was sentenced today to 210 months in federal prison … Read more
Cannabis shares rally as Canopy seeks to accelerate U.S. market entry
NEW YORK (Reuters) – Shares of marijuana producers jumped on Tuesday, led by a rally in Canada’s Canopy Growth Corp, after it said it will … Read more
U.S. SEC charges cannabis firm Cronos, former exec with accounting fraud
(Reuters) – The U.S. Securities and Exchange Commission has charged Canadian cannabis company Cronos Group Inc and its former chief commercial officer with accounting fraud, … Read more
Former San Bernardino County Planning Commissioner Agrees to Plead Guilty to Bribery Charge for Corrupt Cannabis Permit Scheme
INFORMATION (Chavez) PLEA AGREEMENT (Chavez) PLEA AGREEMENT (Pacheco) LOS ANGELES – A former San Bernardino … Read more
Cannabis platform LeafLink says it processed over $1 billion in transactions since 2016
(Reuters) – Wholesale cannabis platform LeafLink said on Wednesday its payments solutions processed over $1 billion in transactions since the company’s inception in March 2016. … Read more
Cannabis fintech Bespoke to expand BNPL base in cash-starved industry
By Ruhi Soni (Reuters) – Fintech firm Bespoke Financial is looking to expand its ‘buy now pay later’ service for cannabis businesses in California and … Read more
Green Thumb’s quarterly cannabis sales get New Jersey high
By Rithika Krishna (Reuters) – Green Thumb Industries Inc posted a more than 14% rise in second-quarter revenue on Wednesday, driven by healthy retail sales … Read more
Rapper, Actor Ice-T Opening Cannabis Dispensary in New Jersey
JERSEY CITY, NJ – On television, rapper Ice-T is a police detective. In real life, he is an ex-rapper and television star who is getting … Read more
Pro-Weed Florida Dem’s Cannabis Holdings To Go Up In Smoke After Public Scrutiny
Pro-Weed Florida Dem’s Cannabis Holdings To Go Up In Smoke After Public Scrutiny Gabe Kaminsky on July 15, 2022 Democratic Florida gubernatorial candidate Nikki Fried, … Read more
AE Global Opens AE Global Boston Office, Continues to Invest in Cannabis Packaging Infrastructure in Emerging Markets
AE Global Continues to Invest in Cannabis Packaging Infrastructure in Emerging Markets Tweet this “The new AE Global North office puts us at the center … Read more
Calabasas Man Agrees to Plead Guilty to Charges for Scamming Cannabis Vaping Business Investors Out of at Least $28 Million
LOS ANGELES – A former UCLA decathlete who also competed with the Philippines national team has agreed to plead guilty to two federal criminal … Read more
Cannabis use has risen with legalization and COVID lockdowns -U.N. report
(Removes extra words ‘in the past year’ in paragraph 7) By Francois Murphy VIENNA -Places including U.S. states that have legalized cannabis appear to have … Read more
Here’s What You Need to Know About Rochelle Park’s Cannabis Dispensary as New Jersey Legalizes Recreational Weed
ROCHELLE PARK, NJ – And they’re off. New Jersey’s legal weed industry is just three days old and demand in already soaring across the state. … Read more
New Jersey’s Recreational Cannabis Consumers Can Enjoy Legitimate, No-Cash, No-Fee Transactions with CanPay
LITTLETON, Colo., April 20, 2022 — Consumers will be able to make no-fee cannabis purchases using CanPay, the largest legitimate payment network for cannabis merchants … Read more
More than half of Europeans support cannabis legalization -report
By Rithika Krishna (Reuters) – More than half of the European population support legalization of adult use of cannabis and around 30% of them are … Read more
Calabasas Man Allegedly Scammed Investors out of at Least $28 Million They Thought Would Fund Cannabis Vaping Businesses
LOS ANGELES – A former UCLA decathlete who also competed with the Philippines national team was arrested this morning on a federal criminal complaint … Read more
Paybotic, a Leading Provider of Affordable Payment Solutions in the Cannabis Industry and Surrounding Markets, Participating in Trade Shows Across the U.S. in March, April, and May 2022
Recognizing the Growing Need for its Cannabis Payment Solution Services, Paybotic to Showcase to Growing Number of Cannabis Business Owners WEST PALM BEACH, Fla., March … Read more
Cannabis Fintech Provider Shield Compliance Boosts Market Leadership
Demand for cannabis banking services continues to grow, creating new revenue opportunities for financial institutions. SEATTLE, March 16, 2022 — Shield Compliance (https://www.shieldbanking.com/), a compliance management … Read more
Cannabis producer Tilray to buy rival HEXO’s debt of up to $211 million
– Tilray Brands on Thursday agreed to buy up to $211 million of HEXO’s debt, giving the Canadian cannabis producer a right to pick a … Read more
What the future beholds for Legal Cannabis In Germany
One more country turns the wheel and steers closer to legal marijuana. Now, speculations are running in Germany after the government’s recent announcement concerning marijuana. … Read more