Marijuana Industry News
A collection of Marijuana latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Marijuana cultivator files class-action lawsuit over state 'distortions' in excise tax collections
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…
Chinese nationals in Virginia conspired with cartels to launder money: Feds
(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…
Customs seizes hydroponic marijuana worth ₹3.52 crore at RGIA, man held
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…
Cannabis Companies Were Taxed Like Drug Traffickers For Years. A New Federal Order Could Unlock Billions
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…
Canopy Growth Is Restating Two Years of Financials Before June 15 Earnings -- Here's What CGC Investors Need to Know Right Now
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…
Alexandra Glorioso joins The Texas Tribune and ProPublica
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…
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 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…
Cannabis Grower Challenges Colorado's Pot Tax Calculus
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…
Man who allegedly threatened Bourke Street 'massacre' had recently been released from prison
A man who threatened to commit a massacre on Bourke Street and was later found with a “sharpened kitchen knife” in the Melbourne CBD had only just got out of prison, a court has heard. On Saturday 31-year-old Luke Cecchin was denied…
When Hiring Inputs Get Mistaken For Hiring Answers
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.
AJ Brown marries but teammate Jalen Hurts absent from wedding amid trade rumors
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…
Pastor who lost gubernatorial race slams 'older white men and women
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…
Chiefs linked with $96m Patrick Mahomes weapon to replace 'unreliable' star
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…
Judge Drops All Charges Against Virginia School Official Who Ignored Warnings a Six-Year-Old Had a Gun
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…
New Zealand woman held for weeks in ICE detention
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…
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