BUSINESS

Justin Costello pretended to be a billionaire, claimed he was a war veteran, and took money from investors for cannabis businesses. Instead, he spent that money on himself including funding his lavish wedding. On Wednesday, Costello pleaded…
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New York has become the latest state to begin selling adult-use (recreational) cannabis. If that’s the case, then where can you buy it? Right now, you can buy it at Housing Works Cannabis Co. in NOHO or Smacked in Greenwich Village. Housing…
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Texas is poised to expand the size of its highly restrictive medical marijuana program, from just three dispensaries to a still-undetermined number, but the state is retaining its ban on full-fledged cannabis. The Texas Department of Public…
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Missouri is launching its legal adult-use cannabis sales on February 6. Last month on December 8, 2022, consumers were allowed to legally possess up to 3 ounces of marijuana, and the Department of Health & Senior Services began…
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By Adam JacksonA second New York dispensary is set to open in Manhattan more than two weeks after the state saw its first legal adult-use sale. The “Union Square Travel Agency: A Cannabis Store,” will be located at the former home of an old…
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New York is predicted to be the largest new market for adult-use cannabis, according to data provider BDSA.“With nearly 15 million residents over the age of 21 and tens of millions more tourists visiting the state annually, New York is one…
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By Jelena MartinovicOver 65% of Marylanders chose to legalize recreational cannabis in the November midterms. Starting in July, adults over 21 will be allowed to legally possess up to an ounce-and-a-half of marijuana and 10 grams of…
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Michigan-based Cloud Cannabis began adult-use cannabis sales on Friday at its Detroit location, becoming one of the first dispensaries to do so in the city.“Today marks the beginning of an exciting new period for both Cloud and the city of …
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The South may be the last frontier for state cannabis legalization, but the region could be a boon for the industry once the floodgates open.A report from cannabis consulting firm Global Go posits that Alabama, Georgia, Mississippi and…
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By Jelena MartinovicOver the past year, Massachusetts recreational sales totaled $1.42 billion, according to a report from the state’s Cannabis Control Commission. July sales were the highest, amounting to $132.4 million, followed by $130.8…
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