Category: Blog

Your blog category

Nov 08
MariMed revenue climbs, company increases guidance

The company expects expenses to rise due to delays in regulatory approvals. The post MariMed revenue climbs, company increases guidance appeared first on Green Market Report.

Nov 08
Turning Point Brands raises outlook on Zig-Zag, nicotine growth

The Zig-Zag maker now expects adjusted EBITDA of $101 million-$103 million for 2024. The post Turning Point Brands raises outlook on Zig-Zag, nicotine growth appeared first on Green Market Report.

Nov 08
Cannabis stocks wilt as Florida legalization fails

After a string of referendum wins in states such as Ohio, the industry lost in Florida, where it fell short of the 60% required. The post Cannabis stocks wilt as Florida legalization fails appeared first on Green Market Report.

Nov 08
Jazz Pharmaceuticals posts $215 million in net income for third quarter

The company’s high-profile cannabis-based drug, Epidiolex, accounted for $251.5 million in revenue for the quarter. The post Jazz Pharmaceuticals posts $215 million in net income for third quarter appeared first on Green Market Report.

Nov 08
Hydrofarm reports $13.1M net loss amid third-quarter grow glut

Hydrofarm maintained its full-year outlook, expecting sales to decline in the “low to high teens” percentage range. The post Hydrofarm reports $13.1M net loss amid third-quarter grow glut appeared first on Green Market Report.

Nov 08
Vermont clears cultivation licensing backlog

The announcement came ahead of a licensing pause meant to address concerns of oversaturation. The post Vermont clears cultivation licensing backlog appeared first on Green Market Report.

Nov 08
USA: Lawyer suspended after arguing cocaine enhanced his cognition

The ABA Journal – A former public defender accused of representing a client at a November 2022 preliminary hearing while under the influence of cocaine has received a suspension of a year and a day. The Pennsylvania Supreme Court suspended Erie, Pennsylvania, lawyer Nathaniel Edmond Strasser in a Nov. 6 order, the Erie Times-News reports. While representing himself […]

Nov 08
Colombian National Sentenced to 16 Years for Trafficking $75M in Cocaine With Self-Propelled Semi-Submersible

A Colombian national has been sentenced to 16 years in federal prison for conspiring to possess 2,523 kilograms of cocaine on a vessel with intent to distribute following an Organized Crime Drug Enforcement Task Forces (OCDETF) Panama Express (PANEX) Strike Force investigation. Henry Aguirre-Valois, 36, of Colombia, pleaded guilty May 24. He was previously convicted […]

Nov 08
CBP officers seize $399K in cocaine at Eagle Pass Port of Entry

Thu, 11/07/2024 EAGLE PASS, Texas—U.S. Customs and Border Protection, Office of Field Operations officers at Eagle Pass Port of Entry this week seized more than $399,000 in cocaine in a single enforcement action. “Our frontline CBP officers successfully utilized their training, experience and high tech tools to detect and interdict this significant quantity of cocaine […]

Nov 08
Spain seizes 13 tonnes of cocaine hidden behind bananas on a container from Ecuador

Authorities in Spain seized 13 tonnes (13,000 kilograms) of cocaine in a cargo container apparently filled with bananas, in what they called the biggest anti-narcotics operation in the country’s history. Officials found bricks of drugs hidden behind the fruit on a vessel at the southern port of Algeciras in southern Spain, police said in a […]