A small shop in upstate New York near Rochester has been hit with a $9.5 million fine after the owner ignored a cease-and-desist order to stop selling cannabis without a license. George West, the owner of Jaydega 7.0 in the town of Canandaigua, was slapped with the enormous fine this …
This story was republished with permission from Crain’s Cleveland Business. Midway through October, the pace of adult-use cannabis sales in Ohio is trending flat to slightly up while medical sales are trending flat to slightly down. Average adult-use marijuana sales per week in the state total approximately $11.2 million so …
The enormous intoxicating hemp goods market in Texas may not have long. Republican legislative leaders in the state capital of Austin are prepping to ban such products in the coming legislative session, which runs from January to June next year, The Texas Tribune reported. Lt. Gov. Dan Patrick distributed a …
Acreage Holdings, Inc. (CSE: ACRG.A.U)(CSE: ACRG.B.U)(OTCQX: ACRHF)(OTCQX: ACRDF) announced it was able to pay off its old debt with a new debt and lender. Acreage got $65 million from a new lender that wasn’t named with an original issue discount of 10%, being $6.5 million. The new lender also gets …