Tag: Marijuana
Many banks remain leery despite legalized cannabis
As recreational cannabis sales take off in Rhode Island, opening and running a business still isn’t exactly simple for these merchants.
For one, a delayed...
Cannabis arrest practices must be overhauled
More than 300,000 people were arrested for cannabis possession in 2020, FBI records show. Meanwhile, the drug is being legally sold for a profit...
New cannabis firms warned about financial hurdles
New cannabis-related businesses are opening throughout the state ahead of Rhode Island’s official legalization of recreational marijuana sales, but specialized accountants are warning enthusiastic...
MONEY MATTERS: $400M in bond issues on R.I. ballot as borrowing...
Matt Dunn and Rainer Lohmann are among the top researchers at the University of Rhode Island’s Graduate School of Oceanography, but it’s tough to...
Delayed commission appointment process expected to stall new cannabis retailers
PROVIDENCE – Though regulated recreational cannabis sales are set to begin in Rhode Island on Dec. 1, for some looking to break into the...
PBN summit: R.I. cannabis industry to face interstate competition, but ‘we’re...
WARWICK – By the end of the year, Rhode Island officials expect seven retail outlets will have begun selling recreational cannabis, said Matthew Santacroce,...
Employers must set the standard for impairment under marijuana law
Once Massachusetts, then Connecticut legalized recreational use of marijuana by adults, local business leaders who have long opposed it knew Rhode Island would eventually...
R.I. lawmakers approve recreational marijuana, sales to start Dec. 1
PROVIDENCE – Rhode Island is poised to become the 19th state to legalize recreational marijuana, with state lawmakers in both chambers approving legislation Tuesday.
The...
Budding medical marijuana cultivator has high expectations for expansion
A marijuana company called Hangar 420 recently landed in Rhode Island, bringing with it a cargo of rare strains such as “Do Si Sherbert”...
Supporters of legalized cannabis touting the financial benefits
State leaders are banking on $18 million to $20 million in additional tax revenue annually if the recently introduced legislation to legalize recreational marijuana...
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