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NY Post Suffolk County cops caught 26 unlicensed pot shops in the act during dozens of raids over just one week –  seizing more than 15,000 illegal weed products, officials said Tuesday. The countywide crackdown just began May 20 but has already seen 44 smoke shops or convenience stores raided and resulted in seven arrests and five […]

In fall of 2023 I wrote about the lawsuit to end federal prohibition that wouldn’t really end federal prohibition. Last July, a federal district court ruled against Canna Provisions et al. in that case. On Wednesday, May 27th, the First Circuit Court of Appeals upheld the lower court’s ruling. The First Circuit decision means the feds are still […]

NEW YORK, May 28, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH”, “Ascend” or the “Company”) (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, is pleased to announce it has closed a private placement of $50 million of its 12.75% Senior Secured Notes due 2029 (the “Notes”). The Notes form part of the same series of the $250 million aggregate principal […]

As Canada’s cannabis industry enters a new phase of maturity, business leaders are confronting some hard truths. Profitability is elusive, competition is intensifying, and traditional financing is drying up. Recent industry discussions have highlighted major trends reshaping the sector, from collapsing margins and outdated tax models to restructuring, consolidation, and cross-border uncertainty. This article offers […]

The Guardia Civil and Spain’s national tax agency have arrested two individuals – a British man and a woman – for carrying 33 kilograms of marijuana in vacuum-packed packages in their luggage. The operation, which was prompted by the odd behaviour of the passengers, was carried out at Valencia Airport. The detainees had arrived in […]