Quebec court dismisses shareholder suit against cannabis producer Hexo

Hexo Corp. said it won the dismissal of a securities class action lawsuit that had been pending before the Quebec Superior Court against the Canadian cannabis producer and a former CEO. In the suit, filed in Quebec on Nov. 19, 2019, certain primary market and secondary market purchasers of the company’s stock had alleged that […]

New York’s $200 million marijuana social equity fund still awaiting capital

A first-of-its kind $200 million social equity fund in New York that’s been promised to qualified marijuana entrepreneurs is still awaiting its first investment that would help bankroll the effort, fund managers told MJBizDaily. Under the state’s Marijuana Regulation and Taxation Act (MRTA), the first 150 adult-use cannabis retail licenses are reserved for nonprofits and […]

High school cafeteria worker busted for selling edibles to students and Twitter wants to know who snitched

A cafeteria worker at a high school in Louisiana is accused of selling edibles to students and Twitter wants to know who snitched. “I want to commend this student who saw something and used the P3 app to bring this threat to the attention of our school officials and law enforcement,” said Tangipahoa Parish School […]

Volunteers smoke weed to show police how cannabis consuming drivers behave

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