Three masked suspects steal ATM from cannabis dispensary in Linthicum, police say
Three masked burglars broke into a cannabis dispensary in Linthicum on Monday morning and stole an ATM from the front lobby, according to the Anne Arundel County Police Department. Shortly after 3 a.m., officers responded to a burglary alarm on the 800 block of...
Treated ‘like a coke dealer’: Cannabis workers lose out on mortgages, loans in legally murky industry
Yerock’s banking troubles didn’t stop at a mortgage. To clear her driveway of snow, she went to purchase a side-by-side utility vehicle and plow. The dealer, however, was unable to secure a loan for the vehicle due to her employment as a Six Sigma manager...
Our view: Cannabis market challenging in Atlantic City, county and beyond
Starting a business is difficult in expensive, overly regulated and business-unfriendly New Jersey. Starting one that grows, processes or sells cannabis looks especially challenging. Applications to get into the promising new industry have been piling up since the...
A payments vet tries to ignite bankers’ interest in cannabis
Cannabis is a nearly $34 billion industry, though it’s still only legal on a state-by-state basis and mostly unbanked — giving rise to an entire industry dedicated to providing financial services until national regulation finally emerges. One firm,...
Maryland Launches Marijuana Social Equity Business Portal To Check Eligibility Ahead Of License Application Window
Maryland officials are unveiling a new portal that will allow people to check their eligibility for a social equity marijuana business license before regulators begin to accept applications later this year. The Maryland Cannabis Administration (MCA) announced on...
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
Ohio Cannabis Market Hits $11.5M In First Week Of Adult-Use Sales
Ohio’s debut into the adult-use cannabis market has been nothing short of explosive. According to the Ohio Division of Cannabis Control (via Cannabis Business Times), within the first five days of …
American admits smuggling cannabis, cocaine and heroin
Prosecutors have called for an Arizona man caught with a plethora of drugs in his suitcase to be sentenced to up to 12 years behind bars. However, defence counsel argued that such a sentence would be …
Organized Crime Task Force seizes illegal marijuana in Seminole
Attorney General Gentner Drummond’s Organized Crime Task Force recently seized and eradicated more than 9,000 marijuana plants and 456 pounds of unlawful marijuana in Seminole.
Marijuana Growing Solution Provider Agrify Reports 41% YoY Revenue Drop, Cuts Loss, Plans New Strategies
At the end of the reporting period, on June 30, Agrify had $39.6 million in total assets, out of which $53,000 in cash, compared to $45.27 million, and $430,000, respectively. Total liabilities …
Rescheduling Won’t End The War On Cannabis, But Could Open A New Battlefront If We’re Not Careful (Op-Ed)
“Lacing up for a victory lap over rescheduling is premature and short-sighted while federal cannabis prohibition is still alive and well.” By Khurshid Khoja, Greenbridge Corporate Counsel Contrary to decades of reefer madness propagated by our federal government, the...
Moving Cannabis To Schedule III Would Be A Game-Changing Win For Common Sense (Op-Ed)
“By aligning the legal status of cannabis with both scientific consensus and practical fiscal policy, we can create a more effective business environment for this emerging industry.” By Ari Hoffnung, Bridge West Consulting It is exciting to consider the possibility...
In Europe’s cannabis market, Morocco faces stiff competition from Israel
Israel’s Health Ministry announcement in August to liberalize its laws on the use of medical cannabis, will significantly widen the drug use in a health-care setting, as well as boost exports of the product to foreign markets and with that the rivarly...
Cannabis tax revenue headed to host towns
Customers place an order as recreational marijuana sales begin at The Botanist in Montville on Tuesday, January 10, 2023. It was one of nine locations in the state that previously sold only medical marijuana to open for recreational sales. (Sarah Gordon/The Day file...
NY must be cautious in its marijuana rollout
At the U.S. Open this past week in Queens, tennis player Maria Sakkari of Greece smelled marijuana in the air, a pungent odor that has become all too familiar to New Yorkers. It was strong enough during her match on Court 17 that Sakkari complained to the chair...
Recent Comments