The SAFER Banking Act is seen as more important than Florida’s full legalization legislation by the investor community. The post Report: Investors losing confidence in cannabis for variety of reasons appeared first on Green Market Report.

The East Coast leads the country in cannabis tax collection growth. The post State’s coffers filling with cannabis tax revenue appeared first on Green Market Report.

Alex of Weed Week reports California Department of Cannabis Control (DCC) chief deputy director Rasha Salama will resign at the end of the month. The news, confirmed by the agency, follows a lawsuit filed this week alleging that Salama “severely reprimanded” a direct report, (the plaintiff) for escalating concerns about product safety to law enforcement. The DCC declined […]

Friday, September 13, 2024 On Friday, September 13, the Alcoholic Beverage and Cannabis Administration’s Enforcement Division, accompanied by Metropolitan Police Department (MPD) officers, served a Closure Order to the owner of Green Cloud Shop, an unlicensed cannabis business located at 706 Kennedy Street, NW, Washington, DC. The Alcoholic Beverage and Cannabis (ABC) Board issued the […]

Mexican cartel boss Ismael “El Mayo” Zambada, who was one of the United States’s most wanted drug lords, pleaded not guilty to murder and drug trafficking charges in federal court in New York on Friday. Zambada, co-founder and leader of the powerful Sinaloa cartel, will stay in prison until his trial after he was arrested in July in New Mexico, a […]

FLORENCE, S.C. — Mark McGarret Lewis, 52, of Mullins, was sentenced to nearly 10 years in federal prison after pleading guilty to five counts of distribution of crack cocaine. Evidence presented to the court showed that on five separate occasions in April 2019, Lewis distributed a quantity of crack cocaine to a confidential informant. Lewis committed […]