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Three years ago, the Planning & Zoning Commission debated medical marijuana dispensary regulations. Members received hundreds of emails and letters; public meetings were packed. More than a year later, Bluepoint Wellness opened at 1460 Post Road East. As of July 1, possession of cannabis is legal in Connecticut. Adults 21 and over can have up to 1.5 ounces on their person, and up to 5 ounces in their homes, or locked in their vehicle. Retail sales can begin by the end of 2022. Recreational cannabis will be at least as controversial as medical marijuana. Last month, the P&Z held a…

Three years ago, the Planning & Zoning Commission debated medical marijuana dispensary regulations. Members received hundreds of emails and letters; public meetings were packed. More than a year later, Bluepoint Wellness opened at 1460 Post Road East. As of July 1, possession of cannabis is legal in Connecticut. Adults 21 and over can have up to 1.5 ounces on their person, and up to 5 ounces in their homes, or locked in their vehicle. Retail sales can begin by the end of 2022. Recreational cannabis will be at least as controversial as medical marijuana. Last month, the P&Z held a…

News 12 Staff Aug 17, 2021, 3:54pm Updated on: Aug 17, 2021, 3:54pm Three men have been arrested following a police search that turned up “extremely large amounts of marijuana” and two handguns from a Bridgeport smoke shop, police say. The discovery was made Monday at Smokers Box on Park Avenue. Officers seized two handguns – a stolen 9 mm pistol and a 9 mm pistol with a high-capacity magazine. Officers also located marijuana, THC vape devices, untaxed cigarettes and edible THC that were all priced for sale inside the store. Investigators arrested 33-year-old Andrew Friday, 22-year-old Ahmed Nagi and…

Connecticut-based NewLake Capital Partners, which provides real estate capital to state-licensed marijuana operators, said it closed on an initial public stock offering of more than $101 million. The offering of 3.9 million shares of stock was priced at $26 a share, according to a news release. The company expects the shares to trade on the U.S. over-the-counter markets. Net proceeds will be used to acquire assets that fit in with the company’s strategy, NewLake said. Three of the investment company’s recent deals have focused on the Arizona and Massachusetts marijuana markets: In August, NewLake reportedly spent $8.8 million on four…

The two businesses have little in common aside from loose proximity, with one Greenwich native brewing a “boozy tea” and another New Canaan entrepreneur developing hair dyes that fade away after 10 or so washes, clearing the way for the next whimsical tint. But Owl’s Brew and Hally have another thing in common: As Connecticut Innovations’ early investments in consumer products companies, in a new push to support startups in the sector. Connecticut Innovations invests alongside venture capital funds, focused mostly on technology and life sciences companies since its 1989 formation with backing from the state General Assembly. Owl’s Brew…

The Connecticut bill that legalized recreational use of cannabis includes a provision to increase the number of police officers trained to determine if someone is under the influence of marijuana. However, health experts say it’s difficult — perhaps even impossible — to tell definitively if someone has used marijuana and, if so, how much. “If I cannot determine that clinically, I don’t think that law enforcement has any better resources than the entire medical and scientific establishment on this topic,” medical toxicologist Ryan Marino said. As of the end of July, there were 54 police officers trained as drug recognition…

The Connecticut bill that legalized recreational use of cannabis includes a provision to increase the number of police officers trained to determine if someone is under the influence of marijuana. However, health experts say it’s difficult — perhaps even impossible — to tell definitively if someone has used marijuana and, if so, how much. “If I cannot determine that clinically, I don’t think that law enforcement has any better resources than the entire medical and scientific establishment on this topic,” medical toxicologist Ryan Marino said. As of the end of July, there were 54 police officers trained as drug recognition…

This column is part of the Heard on the Street stock-picking contest. You’re invited to play along with us here. A little-known organic garden center supplier has outpaced the likes of Amazon and Netflix on the stock market throughout the pandemic. Knotty cannabis laws should continue to fertilize its growth. Nasdaq-listed GrowGeneration owns a chain of 58 stores across the U.S. that sell “hydroponic” equipment including the heat lamps and trays needed to grow plants indoors without soil. The gear can be used for trendy organic vertical farming. But most of GrowGeneration’s business is done with cannabis growers, including everyone…