Toms River, NJ – Daniel Kessel, known for his active role in advocating for the legalization of cannabis dispensaries in Toms River, has been sentenced to a five-year jail term …
Cannabis
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BLOOMFIELD, NJ – The New Jersey Economic Development Authority (NJEDA) and the New Jersey Cannabis Regulatory Commission (NJCRC) disclosed an award of $12 million in grant funding to 48 cannabis …
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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 cannabis industry access to banking, …
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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 weighing on current-quarter performance. The …
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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 Elmira. Soto was charged with …
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(Reuters) – 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 …
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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 infringement for marketing products under …
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Sen. O’Scanlon introduced a bill that would reinstate penalties for underage possession and consumption of alcohol and cannabis.
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(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 illicit market activity. The recommendations …
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(Reuters) – A coalition of cannabis firms, representing about 45% sales volume in California, on Tuesday started an effort to address credit issues that have plagued the state’s legal cannabis …
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By Arunima Kumar (Reuters) – Cannabis company Greenlight said on Tuesday it has issued a dividend to its shareholders, calling the move a first by a large multi-state operator. “We …
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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 to distribute cannabis in Montgomery …
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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 from regional lenders and tightening …
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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 legalize recreational marijuana in the …
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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 establishing a regulatory framework as …
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(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) – Twitter on Wednesday became …
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(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 ministers hope will create new …
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LOS ANGELES – A former UCLA decathlete who also competed with the Philippines national team was sentenced today to 210 months in federal prison for fraudulently raising more than …
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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 create a holding company to …
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(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, the regulator said on Monday. …
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INFORMATION (Chavez) PLEA AGREEMENT (Chavez) PLEA AGREEMENT (Pacheco) LOS ANGELES – A former San Bernardino County planning commissioner has agreed …
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(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. LeafLink is cannabis industry’s business-to-business …
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By Ruhi Soni (Reuters) – Fintech firm Bespoke Financial is looking to expand its ‘buy now pay later’ service for cannabis businesses in California and Massachusetts later this year, its …
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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 in New Jersey and Illinois. …
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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 ready to open a marijuana …