Month: September 2019 (Page 15)

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California-based testing lab Cannalysis raised $22.6 million that will fund its expansion in the state as well as bankroll its entry into other marijuana markets in the U.S. The Santa Ana-based company raised the money from Canlab, a cannabis, hemp and CBD testing laboratory network. The unusually large raise forContinue Reading

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When the adult use of marijuana becomes legal in Illinois, Chicago’s mayor wants its sale banned in the central business district, near schools and in residential areas. The post Chicago Mayor Wants to Keep Cannabis Out of City’s Core appeared first on Leafly. Read More: Chicago Mayor Wants to Keep CannabisContinue Reading

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Two men who authorities allege extorted money on behalf of the mayor of Fall River, Massachusetts, from companies seeking to obtain a state license to operate cannabis retail businesses have pleaded guilty. Antonio Costa, 51, of Fall River, and David Hebert, 54, of Westport, Massachusetts, pleaded guilty in federal courtContinue Reading

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Chicago’s mayor wants the city to ban recreational marijuana stores in the central business district, a move that could hurt sales downtown. The bans are in zoning rules proposed this week by Mayor Lori Lightfoot, a Democrat. The “exclusion” zones also would prohibit adult-use MJ sales within 500 feet ofContinue Reading

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Nevada regulators launched an investigation into cannabis testing labs after tainted marijuana batches triggered two health advisories. The Las Vegas Review-Journal reported the Department of Taxation started the investigation after discovering potentially doctored THC levels by cannabis laboratories and products with high levels of yeast and mold on store shelves.Continue Reading

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The word on the street is that Congress is set to finally take action on legislation in the coming weeks that will allow banks to do business with the cannabis industry. It is known as the SAFE Banking Act, a measure that has attracted bipartisan support, and is quite possibly,Continue Reading