Medical marijuana dispensary in New Castle will not open



NEW CASTLE, Pa. -

A medical marijuana dispensary planned for New Castle will not open. 

The Pennsylvania Department of Health announced Friday that Harvest of Northwest PA, LLC in New Castle and Harvest of North Central PA, LLC in Shamokin relinquished their medical marijuana dispensary permits as part of a settlement with the DOH. 

The DOH issued six permits to Harvest entities. However, due to some comments made by Harvest Health and Recreation, Inc. and because all…



Source link

MedMen vs. Innovative Industrial Properties


With legal cannabis markets opening in states across the U.S., you might think that the stocks of companies serving these markets would be sizzling hot right now. Some are, but others aren’t. 

Innovative Industrial Properties (NYSE: IIPR) is definitely in the sizzling category. It ranked among the top five marijuana stocks in the first half of the year. Despite giving up some of its gains in recent weeks, Innovative Industrial Properties is still up by nearly 130% so far in 2019. MedMen…



Source link

Pot Dealer Convicted for Abduction, Torture of Newport Beach Dispensa…


Share this article:

A Newport Beach pot dealer who gained fame by staging a daring escape from the Orange County jail while awaiting trial was convicted Friday of kidnapping and torturing a marijuana dispensary owner who was sexually mutilated during the horrific ordeal in the Mojave Desert.

Jurors, however, rejected an allegation that 40-year-old Hossein Nayeri personally inflicted great bodily injury on the man, with the panel essentially saying it was unclear if Nayeri was the…



Source link

Contrary to widespread belief, cannabis addiction is possible. Here’s…


“When I smoke a joint, one is never enough, and I want to smoke another and I want to smoke another,” explains Courtney Head of Fort McMurray, Alta.

Head, now 31, started smoking cannabis in her mid-20s.

“I tried it and I thought it was the best thing ever,” she said. “It’s relaxing, it’s this, it’s that. I kind of started smoking it socially — it wasn’t an everyday use kind of thing — but over time, I guess the more I smoked, the more I wanted to…



Source link

The Surprising Industry the U.S.-China Trade War Could Throttle


The writing would appear to be on the wall: A recession may be coming.

Earlier this week, researchers at Goldman Sachs lowered their forecasts for fourth-quarter U.S. GDP growth by 20 basis points to 1.8%, while economists at Bank of America/Merrill Lynch announced the odds of a recession hitting the U.S. economy within the next 12 months at 1-in-3. Though all Wall Street firms have certain metrics they eye to offer clues on the health of the…



Source link