The THC potency of marijuana flower sold in legal stores in four states is routinely and systematically inflated, sometimes by as much as 25% or more, according to an independent analysis of licensed cannabis testing-laboratory data obtained by MJBizDaily. But perhaps even more troublingly, the analysis – conducted by Yasha Kahn of MCR Labs, a state-licensed cannabis testing … [Read more...] about Marijuana lab-testing analysis finds routine THC inflation, data manipulation
fraud
NASA employee admits to defrauding COVID-19 programs to fund illegal weed operation
An employee at NASA’s Jet Propulsion Laboratory in Pasadena has admitted to defrauding pandemic-era protection programs aimed to help business and individuals survive the economic downturn caused by COVID-19. Armen Hovanesian, 32, of Glendale, agreed to plead guilty to defrauding a government sponsored loan plan in 2020, admitting to using some of the fraudulently obtained … [Read more...] about NASA employee admits to defrauding COVID-19 programs to fund illegal weed operation
Fake cannabis billionaire Justin Costello pleads guilty in $35 million fraud, with recommended prison term of 10 years
Justin Costello, who posed as a billionaire and twice-wounded Special Forces Iraq veteran to dupe investors while portraying himself as a legal cannabis mogul, pleaded guilty Wednesday to securities fraud. Under a plea agreement with Costello, prosecutors will recommend a sentence of 10 years in prison, with Costello echoing that call and being barred from asking for less time … [Read more...] about Fake cannabis billionaire Justin Costello pleads guilty in $35 million fraud, with recommended prison term of 10 years
