Two businessmen convicted in March of committing bank fraud related to payments made to California-based marijuana delivery giant Eaze were sentenced to prison by a New York district judge. According to Law360, Hamid Akhavan and Ruben Weigand were sentenced to 30 months and 15 months in prison, respectively, for tricking banks into processing more than …
Two convicted in cannabis bank fraud case sentenced to prison Read More »
The amount of dried cannabis held in stock by Canadian producers, wholesalers and retailers fell in March for the fourth straight month, according to the latest data from the federal regulator, Health Canada. It is the first time inventory declined for four consecutive months since Canada legalized adult-use marijuana in late 2018. For March, unpackaged …
Canada’s dried cannabis inventory falls four consecutive months Read More »
The Rhode Island Senate is scheduled to vote this week on one of three adult-use marijuana legalization bills under consideration. In Connecticut, lawmakers approved a bill legalizing adult-use marijuana and sent it to the governor for his expected signature. And in Montana, anti-marijuana groups dropped their legal challenge of last November’s voter-approved recreational marijuana initiative. …
A Santa Rosa marijuana testing lab became the first in California to join the ranks of unionized workers after employees voted unanimously to be represented by the United Food and Commercial Workers (UFCW). According to a news release, Sonoma Lab Works employees wholeheartedly backed the unionization move, and the lab will be affiliated with UFCW Local …
California marijuana testing lab employees vote to join UFCW Read More »
Sustainability is the next frontier that the cannabis industry needs to conquer, according to a Canadian CEO whose company is making moves to reduce and offset carbon emissions. Now, he’s challenging others to follow suit. Hexo pledges carbon-neutral cannabis, challenges others to follow suit is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness …
Hexo pledges carbon-neutral cannabis, challenges others to follow suit Read More »
In all of the excitement over New York’s passage of the Marijuana Regulation and Taxation Act (MRTA), one of the things that often gets lost is that legalization was just the first step towards the issuance of adult-use cannabis licenses. The single most important administrative action item is the formation of the primary regulatory governing …
New York’s Cannabis Control Board – What’s Going On? Read More »
CANNABIS CULTURE – There are a lot of questions, but not a lot of answers on how social equity applicants in New York State will get funding for their adult-use businesses. “It seems like you have to have a lot of money to make this happen,” said Justin Losh, founder of Brooklyn-based Counter Real Estate. …
Marijuana companies Tilt Holdings and a subsidiary of Ayr Wellness are paying $275,000 and $295,000, respectively, to the Massachusetts Cannabis Control Commission (CCC) to settle separate allegations of regulatory infractions. Both settlements were approved June 17, legal news website Law360 reported. The Tilt settlement involved allegations that the company’s former parent, Sea Hunter Therapeutics, used …
Cannabis firms Tilt, Ayr pay nearly $300,000 each in MA settlements Read More »
Cannabis manufacturers can now utilize Cascade Sciences’ selection of domestic and overseas glassware designed for high performance from benchtop to pilot scale. HILLSBORO, OR, June 21, 2021 –Cascade Sciences, a leading developer of pharmaceutical-grade processing solutions and laboratory equipment, today introduced its suite of new glassware products. Cannabis brands and manufacturers now have access to …
Cascade Sciences introduces new glassware line to processing and extraction offerings Read More »
An Oklahoma case involving a Black marijuana business owner charged with first-degree murder is focusing a spotlight on how both race and security protocols can be major issues and stumbling blocks for cannabis entrepreneurs. Marijuana grower and military veteran LaRue Bratcher is awaiting trial after he shot and killed a man who was allegedly trying …
Murder case involving Oklahoma cannabis entrepreneur highlights issues of race, security Read More »