A case against issuing warrants + exploiting marijuana rule changes – Marijuana Business Daily
(You can have cannabis finance content such as this delivered directly to your inbox. Simply sign up here for our weekly MJBizFinance newsletter.) Deal of the Week / In partnership with Viridian Capital Advisors Is Enveric Biosciences move warranted? Enveric Biosciences (Nasdaq: ENVB), a biotechnology company in Florida focused on using psychedelic-derived molecules and synthetic cannabinoids to treat mental health and cancer, on Feb. 15 closed on a $10 million public units offering. Details of the deal: Enveric sold 20 million units at 50 cents per unit. Each unit included one common share and one warrant with a five-year term and a 10% exercise…
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New Haven Man Sentenced to 33 Months in Federal Prison for Firearm and Drug Offenses – Department of Justice
Leonard C Boyle, United States Attorney for the District of Connecticut, announced that THEO SARGENT, also known as “Ciph,” 43, of New Haven, was sentenced today by U.S. District Judge Stefan R. Underhill in Bridgeport to 33 months of imprisonment, followed by three years of supervised release, for unlawfully possessing firearms and narcotics. According to court documents and statements made in court, on May 10, 2019, New Haven Police conducted a court-authorized search of his residence on Quinnipiac Avenue in New Haven and seized three handguns, more than 300 rounds of ammunition, approximately 20 grams of crack, quantities of marijuana…
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Report: Legal Marijuana Industry Employs Over 428,000 Full-Time Workers – Norml
The state-licensed cannabis industry added over 100,000 new jobs in 2021 and now employs over 428,000 full-time workers, according to data compiled by Leafly.com and Whitney Economics. According to its latest report, the cannabis industry created an average of 280 new jobs per day in 2021. That represents a 33 percent year-over-year increase, and it marks the fifth year in a row of annual jobs growth greater than 27 percent. “At a time when the rest of the economy is struggling and people are leaving their jobs in droves, the legal cannabis industry is blooming, showing exponential employment growth, and…
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Acreage Holdings Emerges from Turnaround with Consolidated Footprint in High Growth Markets – New Cannabis Ventures – New Cannabis Ventures
Exclusive Interview with Acreage Holdings CEO Peter Caldini About 18 months ago, Acreage Holdings (CSE: ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF) began a turnaround process that focused on identifying key markets and financial discipline. CEO Peter Caldini spoke with New Cannabis Ventures about Acreage’s core markets, branding and the company’s growth opportunities in 2022. Listen to the entire interview or read the summary below: The Turnaround Team Caldini stepped into the CEO role in December 2020. He brings with him a background in the healthcare and CPG industries. He has experience leading brands, working in regulated environments and in emerging markets….
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Nearly Half A Million Americans Work In The Marijuana Industry, New Leafly Report Finds – Marijuana Moment
The marijuana industry in the U.S. continued to grow in 2021, with almost half a million people now employed full-time in the cannabis sector as more state markets come online and mature, according to a report released by Leafly on Wednesday. That growth is expected to continue exponentially as states like New York, New Jersey and Connecticut prepare to implement retail sales. But the new figures for 2021 are already sizable, especially considering the ongoing challenges businesses have faced amid the coronavirus pandemic. Last year was the first time that job creation in the marijuana industry exceeded six figures, with…
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Second Hawaii Senate Committee Approves Psilocybin Task Force Bill, With Decriminalization Measures Still Pending – Marijuana Moment
The Maryland House of Delegates on Friday passed bills to put marijuana legalization on the state’s 2022 ballot and set initial rules if voters approve the reform in November. The chamber had debated the proposals, rejected several GOP-led amendments and advanced them to third reading on Wednesday. Now lawmakers have given final passage to the referendum and implementation measures—in votes of 96-34 and 92-37, respectfully—sending them to the Senate. “We are at the beginning of an important process where we begin to look again at how we have treated this substance, cannabis,” Del. Luke Clippinger (D), sponsor of both bills,…
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Long Island hemp farmers get the green light to grow cannabis – News 12 Connecticut
Feb 23, 2022, 3:17amUpdated 8h ago By: News 12 Staff Long Island hemp farmers got the green light to grow marijuana Tuesday after Gov. Kathy Hochul signed a bill allowing them to obtain conditional licenses to cultivate cannabis. The goal of the bill is to fast track the state’s recreational marijuana program which had been moving slowly early on. One owner of a hemp farm says he will certainly begin growing cannabis once he’s allowed. Hemp farmer David Falkowski says he’s ready to start planting marijuana at his farm, Open Minded organics in Bridgehampton. Falkowski says growing weed will earn him and…
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Stamford’s second medical marijuana dispensary opens with eye toward recreational cannabis expansion – The Advocate
STAMFORD — Almost a year after it was approved to operate, Fine Fettle Dispensary opened its doors Monday to medical marijuana patients in Stamford. Tucked in the back of a semi-industrial part of Springdale, the 5,200 square foot facility is only the second medical cannabis dispensary in Stamford. Only qualified patients can browse the Fine Fettle shelves for the foreseeable future. But even as visitors start purchasing their permitted monthly 3.5 ounces of product for the first time, a new, recreational path forward for cannabis is unfurling just as the Fine Fettle staff take their first steps forward in Connecticut….
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