In #California, authorities seize nearly 15,000 #pounds of marijuana at a #San Diego border crossing from #Mexico. The illicit #cargo, which is estimated to be worth almost 60 million dollars, was disguised as a shipment of #limes, and discovered through an #X-ray scan. Earlier that day, more than 600 pounds of #methamphetamine hidden in crates of #cactus and worth more than 1.5 million dollars was detected by border patrol canines at the same port of entry. Details on any arrests in relation to the incidents were not disclosed, though director of field #operations for #Customs and #Border Protection in the city #Pete Flores hinted that international organizations may be behind the shipments, explaining they often utilize such unusual methods in their #drug #trafficking efforts.
In Maine, a #federal #judge prevents Portland from favoring local#businesses in the city’s recreational cannabis licensing process. The ruling comes in response to a motion filed by the state’s largest #MMJ operator and subsidiary of #New York-based #Acreage Holdings, #Wellness Connection, who argued the #residency preference was unconstitutional. The company is also involved in ongoing legal battles over the #statewide residency requirement, which was included in the #language of the #adult-use marijuana legalization measure #Maine #voters approved in 2016. State regulators recently announced recreational cannabis sales will begin October 9th, after being pushed back multiple times from the #program’s original expected launch date in #March.
In #finance, #online #ordering platform for cannabis retailers Dutchie raises 35 #million #dollars in a Series B financing round. Investors in the #Oregon-based e-commerce company include #Snoop Dogg’s Casa Verde #Capital, Kevin #Durant’s Thirty Five Ventures and former #Starbucks #CEO Howard #Schultz. This comes on the heels of a 250 million dollar raise by #marijuana wholesale platform #LeafLink, indicating the growth of cannabis #tech companies that offer pickup and #delivery services, in the wake of #COVID-19. The capital brings #Dutchie’s total funding to 53 million dollars, and will be used to launch new #products and continued #expansion from their existing 30 #markets across the #U.S. and #Canada.
Overseas, New #Zealand-based Rua #Bioscience becomes one of the first #companies in the #country to receive a #commercial #medical cannabis #production permit, since federal regulators began accepting #license applications in April. The #coronavirus pandemic slowed down the #approval process, and is also responsible for the nearly one month delay of the #2020 #election, which is now set to take place October 17th. New Zealand is the only country voting on adult-use marijuana #legalization this year, though the referendum’s chances of passing are currently unclear.
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