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With no current debt and a fresh $100 million credit line, the business development company arm plans aggressive expansion. The post Chicago Atlantic BDC secures $100M credit line appeared first on Green Market Report.

The receivership is a legal move by Needham Bank to protect itself amid a federal investigation into Pennsylvania-based private equity operator Daryl Heller. The post Michigan companies enter receivership as part-owner faces mounting legal troubles appeared first on Green Market Report.

Electricity costs are the second-largest operational expense for indoor cultivation facilities – right after labor. 5 utility-bill errors that prove costly for indoor cannabis growers is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  Ask any cannabis smoker their favorite item, and hear them say pre-rolls.  Research also confirms its growing popularity. A recent publication of GlobeNewswire revealed that pre-rolls are the fastest-growing within the cannabis industry. This product segment pulled in over $4.1 billion between January 2023 and June 2024.  Among the top-performing pre-rolls markets is California. […]

Interesting politics at play these days Syria’s new authorities have accused Lebanon’s Hezbollah of sponsoring drug and weapon smugglers at the border after Syrian forces clashed with gangs in Syrian villages this week. Clashes with armed smugglers started in Haweek, Jarmash, Wadi Al Hawrani and Akum during a campaign to control the country’s western borders from smuggling operations, […]

A federal agent in a border region long known as a major corridor for Mexican cartels smuggling narcotics and Islamic terrorists into the United States has been arrested and charged with alien smuggling and drug trafficking. The case involves a Customs and Border Protection (CBP) officer in El Paso, Texas, where Judicial Watch years ago uncovered an […]

ALBANY, NEW YORK – Jose Carrero, age 36, of Amsterdam, New York, pled guilty today to possession of a controlled substance with the intent to distribute.  United States Attorney Carla B. Freedman and Special Agent in Charge Frank A. Tarentino III of the U.S. Drug Enforcement Administration (DEA), New York Division, made the announcement. On […]

A Scottish gangster who orchestrated a plot to smuggle cocaine worth £100m from South America in boxes of bananas has had his prison sentence cut by almost four years. Jamie “Iceman” Stevenson was given a 20-year jail term after admitting heading up the scheme, which was foiled at Dover in September 2020. However, judges deemed the sentence […]

A New Zealand navy-led task force has discovered 2357kg of hashish in a drug bust in the Middle East. The US Coast Guard, working as part of the task force, noticed a suspicious dhow (a small sailing vessel) off the coast of Oman last week. A team searched the vessel and discovered the hashish. “Our command is […]

The Border Troops of the State Security Service (SSS), in cooperation with the Customs Committee, have uncovered a large-scale drug smuggling attempt at the Termez Highways international checkpoint in the Surkhandarya region. According to the SSS report, officers inspected a cargo vehicle that had entered Uzbekistan for transit, carrying a 13.5-ton shipment of brooms. The […]