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Cannabis News

S&P/TSX composite swings wildly to close its worst week in more than two years

S&P/TSX composite swings wildly to close its worst week in more than two years

TORONTO — A rare sizable decline in crude oil prices overwhelmed a tech bounce to push Canada's main stock index lower, ending a brutal week that saw it plunge 6.6 per cent in its worst performance in more than two years.

12K marijuana plants, 3K pounds of pot seized in Oregon

EAGLE POINT, Ore. (AP) — More than 12,000 marijuana plants in 32 greenhouses were seized from a marijuana grow site in southern Oregon on Thursday, according to the Jackson County Sheriff's Office.
Judges block pop-up beach parties in 2 Jersey Shore towns

Judges block pop-up beach parties in 2 Jersey Shore towns

POINT PLEASANT BEACH, N.J. (AP) — Two Jersey Shore towns plan to have extra police on hand this weekend even though judges have blocked pop-up beach parties from happening there.

Man avoids prison time in extortion case involving ex-mayor

BOSTON (AP) — A man who pleaded guilty to conspiring with a former Massachusetts mayor to extort a marijuana vendor has been sentenced to three years of probation.
Cannabis company Hexo's Zenabis subsidiary files for CCAA protection

Cannabis company Hexo's Zenabis subsidiary files for CCAA protection

GATINEAU, Que. — Cannabis company Hexo Corp. says Zenabis Global Inc., a wholly owned subsidiary, has filed for protection under the Companies’ Creditors Arrangement Act.

2 Oklahoma attorneys charged in medical marijuana scheme

OKLAHOMA CITY (AP) — Two Oklahoma attorneys were charged Thursday in an alleged medical marijuana scheme that allowed out-of-state growers to skirt the state's law requiring marijuana businesses to be at least 75% owned by state residents.

Editorial Roundup: New York

Auburn Citizen. June 14, 2022. Editorial: Conduct an independent review of New York’s COVID-19 response As New York officials prepare to put together a report on the state’s COVID-19 response, a coalition of good-government groups is urging Gov.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,611.56, up 63.05 points.) Canadian Natural Resources (TSX:CNQ). Energy. Down $1.30, or 1.7 per cent, to $77.18 on 13.

Editorial Roundup: Mississippi

Columbus Dispatch. June 14, 2022.
Pot company Hexo's restructuring to include loss of 450 jobs, Ont. facility closure

Pot company Hexo's restructuring to include loss of 450 jobs, Ont. facility closure

GATINEAU, Que. — Hexo Corp. says its ongoing plan to streamline the cannabis business and cut costs includes the reduction of 450 jobs. The Gatineau, Que.