Green Thumb Industries Inc., a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, announced it received principal and cash interest payments related to a prior loan to Cansortium Inc. Following Cansortium’s recent financing, Green Thumb received approximately $23 million of principal plus 13% accrued interest, adding to its Q3 ending cash … [Read more...] about Green Thumb Industries Receives Repayments on Cansortium Loan
cannabis
Connecticut moves to finalize legal pot regulations
John Gervasoni of Cheshire was among Shangri-La's first customers when it opened last week. The state Department of Consumer Protection currently limits transactions to a half of an ounce of raw cannabis flower or the equivalent for other products per transaction. There are no limits on how many recreational purchases someone can make in a single day. Steve Bigham … [Read more...] about Connecticut moves to finalize legal pot regulations
Smoke shop owners sue Connecticut governor, officials over hemp law
Connecticut Attorney General William Tong shows some of the recently-seized illegal delta-8 products during a press conference at the Stamford Police Department in Stamford, Conn. Tuesday, April 11, 2023. Stamford CBD shops Zaza Smoke Shop II, Breeze Smoke Shop and World's Exotic Smoke Shop were raided for illegal delta-8 THC products and will be charged in civil court for … [Read more...] about Smoke shop owners sue Connecticut governor, officials over hemp law
Connecticut moves to finalize legal pot regulations
HARTFORD – State officials are moving to finally adopt regulations for the recreational cannabis market nearly two years after legal sales commenced in Connecticut. The retail market has been operating under an interim set of policies and procedures that the 2021 state law that legalized the adult-use of cannabis authorized the state Department of Consumer Protection to adopt … [Read more...] about Connecticut moves to finalize legal pot regulations
Pro-marijuana veterans group claims it was suddenly suspended from Instagram with ‘no explanation’ in act of censorship
What a buzzkill! Instagram suspended the account of a pro-weed military veterans group, organizers said on Sunday. “On November 21, 2024, our organization’s official Instagram account, @disabledveteransincannabis], was suddenly and unexpectedly suspended without any prior notice or explanation,” Osbert Orduna, co-founder of Service Disabled Veterans in Cannabis, told The … [Read more...] about Pro-marijuana veterans group claims it was suddenly suspended from Instagram with ‘no explanation’ in act of censorship
Cannabis-related ER visits increased ahead of recreational legalization, state dashboard shows
Health officials are sifting a new state database for the impact of the 2023 state law allowing the use of recreational marijuana, including a rise in the number of cannabis-related emergency room visits. Photo by Wesley Farnsworth/U.S. Air Force. Cannabis-related emergency room visits climbed steadily through July 2023, when recreational use was first legalized in Maryland, … [Read more...] about Cannabis-related ER visits increased ahead of recreational legalization, state dashboard shows
Ulster County marijuana dispensary holiday gift guide
Big Gas Dispensary co-owner Kareem Haynesworth makes the very first sale on opening day to Chris Alexander, the executive director of the NYS Office of Cannabis Management. (Photo by Lauren Tomas) With five Ulster County recreational marijuana dispensaries now open and several others preparing for their debut, it is easier than ever to impress the cannabis connoisseur in your … [Read more...] about Ulster County marijuana dispensary holiday gift guide
The Turkey’s Toke: A Thanksgiving in the Grip of the Green Leaf
Well, it’s that time of year again—the one where the national myth of "gratitude" is paraded around, wrapped in a suffocating blanket of mashed potatoes, cranberry sauce, and a grotesquely overcooked turkey. And what better way to ease the tension of a family gathering where political discussions are inevitable and your cousin is too damn loud than with a proper smoke? Yes, … [Read more...] about The Turkey’s Toke: A Thanksgiving in the Grip of the Green Leaf
Maine’s recalls of moldy cannabis prompt questions on state testing standards
A series of cannabis recalls in short succession has industry members questioning the effectiveness of Maine’s cannabis testing protocols. Maine’s Office of Cannabis Policy issued its first recall for contaminated recreational products in September. Two more recalls and one expansion swiftly followed suit and more are expected as the office ramps up auditing. All of the recalls … [Read more...] about Maine’s recalls of moldy cannabis prompt questions on state testing standards
SCOTUS Predictions: Cannabis Product Makers Won’t Face Triple Damages Under RICO Law for Driver’s Failed Drug Test
A commercial truck driver who lost his job after failing a drug test wants to hold cannabis product makers liable under a federal racketeering law – and the case has worked itself all the way up to the U.S. Supreme Court. The driver claims the product he used was advertised as THC-free, but he says it actually contained the psychoactive component of cannabis. Notably, these … [Read more...] about SCOTUS Predictions: Cannabis Product Makers Won’t Face Triple Damages Under RICO Law for Driver’s Failed Drug Test
