Marijuana Industry News

A collection of Marijuana latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

gazette.com - Chris Osher - Marijuana cultivator files class-action lawsuit over state 'distortions' in excise tax collections
Marijuana cultivator files class-action lawsuit over state 'distortions' in excise tax collections
The Gazette

This article was produced in partnership with ProPublica's Local Reporting Network. The regulators of Colorado's first-in-the-nation recreational marijuana market have allowed so many sham transactions in the industry to proliferate that honest…

thehill.com - Jeff Arnold - Chinese nationals in Virginia conspired with cartels to launder money: Feds
Chinese nationals in Virginia conspired with cartels to launder money: Feds
The Hill

(NewsNation) — Two Chinese nationals in Virginia face federal money-laundering conspiracy charges connected to two of the world's most notorious and dangerous Mexican drug cartels, federal prosecutors announced Friday. Ruhan Zhen and Hongce…

thehindu.com - The Hindu Bureau - Customs seizes hydroponic marijuana worth ₹3.52 crore at RGIA, man held
Customs seizes hydroponic marijuana worth ₹3.52 crore at RGIA, man held
The Hindu

One person was arrested for allegedly smuggling hydroponic marijuana worth ₹3.52 crore by officials of the Air Intelligence Unit at the Rajiv Gandhi International Airport on Thursday. Officers of the AIU, Hyderabad Customs intercepted one…

forbes.com - Javier Hasse - Cannabis Companies Were Taxed Like Drug Traffickers For Years. A New Federal Order Could Unlock Billions
Cannabis Companies Were Taxed Like Drug Traffickers For Years. A New Federal Order Could Unlock Billions
Forbes

The legal cannabis industry generated billions in revenue for years — and paid taxes on most of it, barred from deducting standard business expenses that every other legal industry takes for granted. A new analysis from GreenWave Advisors…

fool.com - Reuben Gregg Brewer - Canopy Growth Is Restating Two Years of Financials Before June 15 Earnings -- Here's What CGC Investors Need to Know Right Now
Canopy Growth Is Restating Two Years of Financials Before June 15 Earnings -- Here's What CGC Investors Need to Know Right Now
The Motley Fool

Most investors should probably avoid Canopy Growth (CGC 1.87%). There was early enthusiasm on Wall Street about the opportunity ahead for marijuana companies, but the reality didn't live up to the excitement. At this point, Canopy Growth has been…

texastribune.org - Texas Tribune Staff - Alexandra Glorioso joins The Texas Tribune and ProPublica
Alexandra Glorioso joins The Texas Tribune and ProPublica
The Texas Tribune

ProPublica and The Texas Tribune announced on Friday that Alexandra Glorioso is joining their investigative initiative as a reporter. She starts on May 26 and will be based in Austin. A state government reporter at the Miami Herald, Glorioso was…

wxii12.com - Suspects charged with murder of 26-year-old man, Winston-Salem officers say
Suspects charged with murder of 26-year-old man, Winston-Salem officers say
WXII

Suspects charged with murder of 26-year-old man, Winston-Salem officers say AND TRIBUTES FROM THE NASCAR COMMUNITY. BACK HERE IN THE TRIAD, WINSTON-SALEM POLICE SAY THREE MEN ARE IN JAIL TONIGHT CHARGED WITH MURDER. INVESTIGATORS SAY 26 YEAR OLD…

law360.com - Sam Reisman - Cannabis Grower Challenges Colorado's Pot Tax Calculus
Cannabis Grower Challenges Colorado's Pot Tax Calculus
Law360

Colorado's marijuana regulator used an 'unlawful' method for calculating average market rates of cannabis that resulted in inflated excise taxes being assessed against state-licensed operators, a proposed class action filed Thursday... To view the…

forbes.com - Alonzo Martinez - When Hiring Inputs Get Mistaken For Hiring Answers
When Hiring Inputs Get Mistaken For Hiring Answers
Forbes

Hiring decisions rarely fail because data exists. They fail when employers assume the data answered the whole question. When hiring decisions are challenged, the issue is often not the data itself, but what the employer assumed the data meant.

the-sun.com - Jo Aujla - AJ Brown marries but teammate Jalen Hurts absent from wedding amid trade rumors
AJ Brown marries but teammate Jalen Hurts absent from wedding amid trade rumors
The US Sun

AJ BROWN tied the knot with longtime girlfriend Kelsey Riley in a stunning beachfront wedding in California. But one notable absentee caught the attention of NFL fans – Philadelphia Eagles quarterback Jalen Hurts. Your info will be used in…

dailymail.com - Sophie Gable - Pastor who lost gubernatorial race slams 'older white men and women
Pastor who lost gubernatorial race slams 'older white men and women
Mail Online

An Alabama pastor is reconciling with his gubernatorial loss after running a campaign where he flippantly posted videos on social media smoking marijuana and hurling out profanities. JaMel Brown, 35, placed fourth in the Democratic primary for…

talksport.com - Oliver Browning - Chiefs linked with $96m Patrick Mahomes weapon to replace 'unreliable' star
Chiefs linked with $96m Patrick Mahomes weapon to replace 'unreliable' star
talkSPORT

Rashee Rice's offseason has been derailed. The Kansas City Chiefs wide receiver has been sentenced to serve 30 days in jail after testing positive for marijuana, which violated the terms of his probation for his role in a car crash that left…

themarysue.com - Terrina Jairaj - Judge Drops All Charges Against Virginia School Official Who Ignored Warnings a Six-Year-Old Had a Gun
Judge Drops All Charges Against Virginia School Official Who Ignored Warnings a Six-Year-Old Had a Gun
The Mary Sue

A Virginia judge has just dropped all charges against Ebony Parker, the former assistant principal at the school where a six-year-old shot his first-grade teacher. Circuit Court Judge Rebecca Robinson dismissed every count against Parker, including…

wsws.org - New Zealand woman held for weeks in ICE detention
New Zealand woman held for weeks in ICE detention
World Socialist Web Site

A New Zealand woman, Everlee Wihongi, 37, a United States resident for more than 25 years, has been incarcerated for six weeks in a succession of ICE (Immigration and Customs Enforcement) detention centres. She was initially detained on April 10…

marijuanamoment.net - Tom Angell - Alaska Bill To Let People Seal Their Marijuana Convictions Heads To Governor
Alaska Bill To Let People Seal Their Marijuana Convictions Heads To Governor
Marijuana Moment

Alaska lawmakers this week passed legislation that will shield people's marijuana conviction records from being publicly released in certain circumstances. The cannabis provisions are included in a large package of criminal justice legislation that…

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