Canada markets open in 6 hours 31 minutes

Cannabis

  • News
    The Canadian Press

    Canadian trucker freed, says he's victim of marijuana scam

    DETROIT (AP) — Federal prosecutors have dropped charges, at least for now, against a Canadian trucker who was arrested at the U.S. border early last month with more than a ton of marijuana in his rig, after his lawyer made the case that he was an unwitting victim of the drug smuggling scheme. Tasbir Singh, 32, was detained on July 7 after border agents in Detroit found more than 2,200 pounds (998 kilograms) of marijuana worth an estimate $3.2 million in his truck. Singh told authorities that he

  • SPAC deal brings Greek cannabis company to London
    Business
    Yahoo Finance UK

    SPAC deal brings Greek cannabis company to London

    UK SPAC PLC, a London-listed shell company, said on Monday it had agreed a reverse takeover with Hellenic Dynamics, a European medical cannabis cultivation company. The deal values Hellenic at £45m.

  • News
    The Canadian Press

    Illinois reports winners of 55 marijuana licenses in lottery

    SPRINGFIELD, Ill. (AP) — There are 55 winners of Illinois’ lottery for licenses to operate marijuana retail stores officials said Thursday, but the licenses can’t be awarded until a judge rules on a challenge to the process. Awarding of the licenses by the Illinois Department of Professional Regulation have been delayed for more than a year, initially because of COVID-19-related issues. Problems with scoring the applications added to the delay. There were 626 eligible applicants that scored at l