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A group of licensed marijuana companies in Washington, D.C., has filed a federal lawsuit in a last-ditch attempt to hold several unlicensed marijuana dispensaries and their landlords accountable in court. The lawsuit was filed on September 27 in the United States District Court for the District of Columbia by the Alliance of Legal Cannabis Entities (ACLE), formed by DC Holistic Wellness Group LLC and Herbal Alternatives II LLC. The lawsuit targets 24 defendants, all of whom claim to be illegal dispensaries, their owners or landlords. The city has been trying to move many gray market cannabis businesses into the fully…

Unlock Editor's Digest for freeFT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter.Just five weeks before the presidential election, US business groups warned of economic “paralysis” as tens of thousands of longshoremen went on strike on Tuesday, shutting down ports along the East Coast and Gulf Coast. .Longshoremen represented by the International Longshoremen's Association set sail from a major U.S. port for the first time in nearly 50 years after their employment contracts ended at midnight. Negotiations for a new contract for about 25,000 ILA workers have been at an “stalemate” for months over pay and…

With just over a month left until the election to decide New Hampshire's next governor, candidates from the two major political parties are sharply divided over the issue of marijuana legalization. Democrat Joyce Craig expressed support for the reform, pointing to revenue that could fund housing and schools, while Republican Kelly Ayotte downplayed the plan. “Joyce Craig can smoke her way to balance the budget, but I'm going to do it the old-fashioned way,” Ayotte, a former U.S. senator and state attorney general, said Monday. He said this in an interview broadcast on WMUR-TV. “We're going to live within our…

The healthcare industry may be heading toward the end of the era of integrated businesses, as CVS (CVS) is reportedly considering breaking up its vertical business.According to the report, CVS is the second vertically integrated retail healthcare company in the U.S. to consider changing its strategy this year. That could mean health insurance company Aetna, pharmacy benefits manager Caremark, or a combination of the two and other industries.Major retail rival Walgreens (WBA) has already partnered with VillageMD to exit retail clinic stores. This, along with Walmart (WMT) closing its healthcare retail stores, signals the end of a more consumer-focused approach…

Covington, Kentucky — Corporex, one of the nation's leading development and investment companies headquartered in Covington, Kentucky, was awarded the Ovation category by NAIOP (Cincinnati/NKY Chapter) at the Night of the Stars event held in Cincinnati. was named Developer of the Year. Early this month. NAIOP is a professional organization representing commercial real estate developers, owners, and investors. Corporex Companies has a nearly 60-year history of developing hotels, Class A office, luxury residential, and mixed-use developments in more than 22 states across the United States. The company manages more than $1 billion in assets and has built more than 25…

Dixie Liquor, Dixie Liquor, D.C.'s oldest liquor store, which has been selling alcohol to Georgetown students for more than 90 years, may soon be closing its doors to make way for a new product, marijuana, for people 21 and older. JKEntity, LLC is seeking a medical marijuana retail license to operate at 3429 M St NW, the current location of Dixie Liquor. It's unclear why Dixie is leaving the location. Dixie Liquor and the owner of the building itself did not respond to requests for comment from the Voice. The proposed project has entered a months-long protest period during which…

Vaping is a popular way to enjoy marijuana, and THCA carts are becoming well-known for their benefits. THCA is a non-psychoactive cannabinoid that turns into psychoactive Delta 9 THC when heated. This makes THCA carts a favored option in many states, especially those with strict regulations. They come in various flavors and strengths, giving users a strong high without the hassle of rolling joints. However, not all brands offer chemical-free options. To help you choose the best THCA carts, our experts analyzed over 50,000 customer reviews and tested more than 40 brands. This guide will highlight the best THCA carts…

Vice President Kamala Harris further positioned herself as a pro-cannabis candidate on Monday in an interview on the sports and culture podcast “All the Smoke,” but industry leaders said her administration will not implement the reforms she promised. I'm not convinced that it will lead to.”I think we're at a point where we have to understand that we need to legalize this behavior and stop criminalizing this behavior,” Harris said during an interview. This is the first time she has spoken publicly about the issue since becoming the Democratic presidential candidate.Jason Wilde, executive chairman of Terra Ascend, a cannabis company…

As California moves forward with emergency cannabis regulations, concerns are growing about the potential impact on the cannabis industry. Governor Gavin Newsom's new regulations restricting the sale of hemp products are causing debate within the cannabis community. These recently enacted changes leave many questions about how they will affect the broader regulatory environment for cannabis, not just in California, but across the United States. Debra Borchardt, editor-in-chief and co-founder of Green Market Report, shared her thoughts on this issue in an interview before attending the Benzinga Cannabis Capital Conference. Borchardt, a veteran journalist with extensive experience in the financial reporting…

As the cannabis industry grows, investors are refining their approach to valuing companies, focusing on financial performance and other important aspects of business operations. Mackenzie Peterson, VP of Marketing at AdvisorShares, shared her perspective on what today's cannabis investors are prioritizing ahead of her talk at the Benzinga Cannabis Capital Conference. When asked what qualities investors are looking for in cannabis companies, Peterson noted that strong financials remain essential. “Strong financial performance, including revenue growth and profitability, remains paramount,” she said. But he emphasized that investors are increasingly paying attention to where companies operate, especially in states where cannabis regulations…