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DC cannabis dispensary founder pleads guilty to tax evasion

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May 14, 2025

The founder of a Washington, D.C., cannabis dispensary pleaded guilty to charges of failing to pay federal income and employment taxes. The founder of a Washington, D.C., cannabis dispensary pleaded guilty to charges of failing to pay federal income and employment taxes. Read More

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Why New York City Is Removing Padlocks on Illegal Weed Shops It Closed
by Ashley Southall on May 15, 2025
With the court orders that allowed the city to seal illicit cannabis stores starting to expire, questions remain about whether the shops could reopen.
Marijuana business keeps growing in Westchester, Rockland. See photos of pot shops
by @lohud on May 14, 2025
There are more than a dozen legal cannabis dispensaries in the Lower Hudson Valley. Take a look inside area pot shops.
Online Dispensary Area 52 Now Ships Legal Weed Nationwide
by ACCESS Newswire on May 14, 2025
/ May 14, 2025 / Area 52 becomes the first and only online dispensary to ship premium cannabis legally to all 50 states. This breakthrough service follows their strict compliance with the 2018 Farm Bill, making quality weed available to eve...
Weed delivery is legal at the Jersey Shore — but it’s not exactly like ordering pizza
by Henry Savage on May 14, 2025
New Jersey legalized recreational weed three years ago, but most Shore towns still ban dispensaries. Here’s how delivery works, where to order, and what to know before lighting up.
Texas House Approves Bill To Expand Medical Marijuana Access With New Conditions, Products And Dispensary Locations
by Kyle Jaeger on May 12, 2025
The Texas House of Representatives has given initial approval to a bill that would significantly expand the state’s medical marijuana program. After clearing committee last week, the bipartisan legislation from Reps. Ken King (R) and Penny Morales Shaw (D) passed the full House on second reading in a 118-16 vote on Monday. It will need
Michigan cracks down on 40 cannabis businesses for alleged violations in April
by Steve Neavling on May 12, 2025
The violations ranged from cartoon-labeled edibles to growing weed in unsafe buildings
7 Best Marijuana Stocks and ETFs to Buy in 2025
by Matt Whittaker,Rachel McVearry on May 12, 2025
Although President Donald Trump previously voiced some support for federal marijuana reform on the campaign trail, his administration doesn't appear to be prioritizing that as it focuses on trade policy and energy. But that simply leaves the legal marijuana industry in the U.S. pretty much where it ...
Trump Replaces Prosecutor Who Threatened Medical Marijuana Dispensary With Fox News Host Who Joined Cannabis Company’s Board
by Kyle Jaeger on May 12, 2025
President Donald Trump has named a Fox News host with involvement in the cannabis industry to replace a U.S. attorney who threatened a Washington, D.C. medical marijuana dispensary with potential federal prosecution. After the president pulled Ed Martin from consideration for the role, he announced on Thursday that he’s nominating Jeanine Pirro to assume the
Breaking Down Australia's Cannabis Laws: A Comprehensive State Guide to Legalisation
by Gabrielle De La Cruz,Meagen Seatter on May 9, 2025
Australia's cannabis market is booming, but legalisation efforts face challenges. Will the government listen to public support and legalise recreational cannabis? Learn about the complex laws in each state and territory, including one that has already decriminalised cannabis.
Inside a clout-heavy company's yearslong bid to open a cannabis dispensary in Bolingbrook
by https://chicago.suntimes.com/authors/tom-schuba on May 9, 2025
The “social equity” startup linked to businessman Carmen Rossi and Alex Acevedo, a son of former state Rep. Edward “Eddie” Acevedo, who was convicted of tax crimes, is primed to open a Cookies-branded dispensary in the suburb.
Police: CT smoke shop inspections lead to seizure of ‘significant quantity’ of THC products
by Staff report on May 9, 2025
Inspections at two Wallingford smoke shops led to the discovery of a “significant quantity” of THC products, police said. Officers from the Wallingford Police Department’s Community Imp…
Henrietta smoke shop shut down over illegal cannabis sales
by Marcia Greenwood on May 8, 2025
Three men are facing criminal charges after sheriff’s investigators seize cannabis, edibles, vapes and more.
Trump Plans To Pull U.S. Attorney Nominee Who Threatened Medical Marijuana Dispensary With Possible Federal Prosecution
by Kyle Jaeger on May 8, 2025
President Donald Trump has announced he will be withdrawing his nomination for a U.S. attorney in Washington, D.C. who recently warned a licensed medical marijuana dispensary in the District about violating federal law and suggested the possibility of prosecutorial action despite compliance with local policy. While the president’s decision doesn’t appear to be connected to
Redmond to begin accepting cannabis dispensary applications
by Suzanne Roig on May 8, 2025
Cannabis dispensary applicants have 10 days to submit their applications to the city of Redmond, starting on Tuesday. Three applicants will be selected to open marijuana dispensaries in the city, which ensures the limit of one per 10,000 residents is met, according to the city. Winning applicants will be notified of the zoning verification no
Three people charged after raid at Henrietta cannabis shop
by Evan Bourtis on May 8, 2025
The Monroe County Sheriff's Office is speaking on Thursday about an investigation into what it calls an illegal cannabis shop in Henrietta.
Unlicensed cannabis shop shut down in Henrietta
by Natalie Calzetoni & WHAM Staff on May 8, 2025
Michigan permanently bans cannabis businessman Youssef Barakat, accused of serious violations
by Steve Neavling on May 7, 2025
One of Barakat’s dispensaries was busted after selling cannabis to a 20-year-old cop
Local officials fighting for tax money from marijuana dispensaries
by Brandon Jaces on May 7, 2025
Local officials are continuing to fight for their funds from marijuana dispensaries in their communities.
Man banned from running weed shops in Michigan after underage state police cadet sold pot
by FOX 2 Detroit on May 6, 2025
Youssef Barakat is the first man to be added to the state's list of individuals banned from working in the marijuana sector.
A new high for some, a buzzkill for others as D.C. shutters rogue weed shops
by Paul Schwartzman on May 5, 2025
After years of complaints from licensed marijuana dispensary owners, the city is seeking to regulate the cannabis market as never before.

Alabama Governor Signs Bill to Regulate THC Products, Ban Smokable Hemp
on May 15, 2025 at 2:24 pm
The legislation, which goes into effect July 1, also places a 10% excise tax on consumable hemp products and allows warrantless product seizures.
Curaleaf International Launches Medical Cannabis Products in Australia
on May 15, 2025 at 12:01 pm
The company’s product offering will be distributed by licensed Australian manufacturer and wholesaler Canngea.
Herbal Alternatives Dispensary Founder Pleads Guilty to $1.2 Million in Federal Tax Evasion
on May 14, 2025 at 5:51 pm
The former owner of the Washington, D.C.-based cannabis retailer admitted to not paying federal income and employment taxes for five tax years.
2 Senate Democrats Press Likely DEA Head on Cannabis Rescheduling Stance
on May 14, 2025 at 4:43 pm
Terry Cole, Trump’s nominee to lead the Drug Enforcement Administration, said he would provide “careful consideration” to the rescheduling matter.
Trulieve-Branded Cannabis Dispensary Opening in Ohio
on May 14, 2025 at 12:26 pm
Harvest Grows will operate the company’s branded retail facility in Lorain under a licensing agreement.
Glass House Brands, LEEF Enter MSA for The Leaf El Paseo Dispensary
on May 14, 2025 at 12:15 pm
Under the management services agreement, Glass House will manage LEEF’s dispensary in Palm Desert, Calif.
Pennsylvania Senate Kills House’s Cannabis Legalization Plan
on May 13, 2025 at 4:48 pm
The Senate Law and Justice Committee rejected a partisan adult-use legalization bill despite its members offering support for policy reform.
US Cannabis Industry Revenue Grows to $30B, Jobs Stall at 425,000
on May 13, 2025 at 2:02 pm
Staffing agency Vangst released its 2025 Cannabis Jobs Report, providing a state-by-state analysis of employment, retail performance and workforce trends.
Texas House Approves Plan to Expand Low-THC Medical Cannabis Program
on May 13, 2025 at 12:52 pm
The chamber passed legislation to increase allowable uses, licenses and qualifying conditions, and to revise the definition of low-THC cannabis.
HoneyStash Opens New Jersey Cannabis Dispensary in Metuchen
on May 13, 2025 at 6:22 am
The adult-use retail facility is redefining industry standards with indie craft brands and community vibrancy.
Curaleaf International Secures EU Medical Device Certification
on May 12, 2025 at 12:04 pm
The regulatory approval for Europe’s first handheld liquid inhalation device for medical cannabis came in partnership with Jupiter Research.
Naked Trademark Licensing: A ‘Silent Threat’ in Cannabis
on May 12, 2025 at 8:33 am
Many cannabis businesses may unwittingly engage in this legal practice that could cost them their brand rights. Here’s how to protect your business against the perils.
Ascend Wellness Reports $128M in Q1 Revenue
on May 12, 2025 at 8:29 am
The cannabis company also reported $5.9 million in generated positive cash from operations, ending the quarter with $100M in cash and cash equivalents.
gLeaf Dispensary Workers Vote, 20-1, to Unionize in Maryland
on May 12, 2025 at 7:17 am
The cannabis workers at the company’s retail facility in Frederick voted to join the UFCW Local 27.
Wisconsin Cannabis Legalization Hopes Fade as GOP Lawmakers ‘Gut’ Governor’s Budget
on May 9, 2025 at 3:25 pm
Democratic Gov. Tony Evers blasted Republican lawmakers for stripping hundreds of his budget proposals.
Greenway Moves Toward 6 Annual Crop Rotations, Provides Market Update
on May 9, 2025 at 3:16 pm
The Canadian greenhouse cannabis cultivator applied for new propagation and vegetation spaces at its Leamington, Ontario, facility.
TerrAscend Reports $71M in Q1 Revenue
on May 9, 2025 at 12:01 pm
The company also reported $8 million in net cash from operations and $5.5 million in free cash flow.
The Cannabist Co. Reports $87M in Q1 Revenue
on May 8, 2025 at 12:32 pm
The company also reported a $32 million net loss.
Verano Reports $210M in Q1 2025 Revenue
on May 8, 2025 at 12:09 pm
The company also reported $2 million in net cash provided by operating activities and a $12 million net loss.
Indigenous-Owned Fireweed Cannabis Named Best Cannabis Shop By 425 Magazine
on May 8, 2025 at 10:23 am
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Curaleaf Reports $310M in Q1 Revenue, $35M in International Revenue
on May 8, 2025 at 8:31 am
The company also reported $42 million in operating cash flow from continuing operations and $26 million in free cash flow.
California Alcohol Businesses 99.7% Compliant With Intoxicating Hemp Product Prohibition
on May 8, 2025 at 6:54 am
The state’s Department of Alcoholic Beverage Control has visited 11,445 businesses since Gov. Gavin Newsom’s emergency regulations began.
Pennsylvania Democrats ‘Ram’ Partisan Cannabis Legalization Bill Through House
on May 7, 2025 at 4:34 pm
The chamber’s lawmakers voted, 102-101, along party lines to pass the legislation, which aims to establish a state-run dispensary model
TerrAscend Acquires Ohio Dispensary, Entering 6th State Market
on May 7, 2025 at 3:27 pm
The company’s acquisition is expected to be immediately accretive on an EBITDA and cash-flow basis.
Trulieve Reports $298M in Q1 Revenue, With 62% Gross Margin
on May 7, 2025 at 12:11 pm
The cannabis company generated $51 million in cash flow from operations and experienced a 9% year-over-year traffic increase for the 4/20 holiday.

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Cannabis lawyers shift focus as market pressures grow
by Pat Murphy on May 15, 2025
Cannabis attorneys in Massachusetts adapt to shifting demands as prices drop, licensing slows, and economic pressures reshape the legal landscape.
East Haven smoke shop’s registration suspended after persistent illegal cannabis sales
by Bailey Wright on May 15, 2025
EAST HAVEN, Conn. (WTNH) — Planet Zaza has been ordered to suspend electronic cigarette sales, according to Department of Consumer Protection officials Thursday. The business’ Electronic Ciga…
Canadian cannabis use climbs slightly while curbing misuse under legalization
by Justin Jackson on May 15, 2025
Researchers from McMaster University observed a modest increase in cannabis use frequency and a concurrent decrease in cannabis misuse among adults in Canada over five years of recreational cannabis legalization. ...
Nextleaf Expands Cannabis Empire: 20 New Products Hit Shelves as Company Taps Into $662M Quebec Market
by StockTitan on May 15, 2025
Nextleaf debuts 20 innovative cannabis products across vapes, oils, and more, while securing strategic entry into Quebec's $662M market. See expansion details.
Bill would change Tennessee's cannabis market
by AOL Staff on May 15, 2025
(The Center Square) – Drive through almost any Tennessee town and you will likely pass a retailer selling cannabis or hemp-related products, even though recreational marijuana is not legal in the state. So why are these products legal to sell? The reason goes back to a bill approved by Congress in 2018. Recreational marijuana is still against federal law. But the 2018 farm bill passed by Congress and signed by President Donald Trump legalized sales of cannabis products with a THC level of less t
Want safer cannabis? Take it off the streets and put it behind the counter
by The Times-Standard on May 15, 2025
By Paul Armentano Unlike alcohol and many other psychoactive substances, marijuana is incapable of causing a lethal overdose. Nonetheless, sensational accounts of overdoses from allegedly tainted m…
Texas Takes a Major Step Forward with Cannabis
by Lori Crofford on May 15, 2025
A groundbreaking bill could change the way medical marijuana is used.
DEA Partners With Anti-Marijuana Group To Spread Memes Claiming Cannabis Is Linked To Suicide, Depression And Low Sperm Count
by Kyle Jaeger on May 15, 2025
The Drug Enforcement Administration (DEA) is teaming up with an anti-marijuana organization to mark “National Prevention Week,” promoting a campaign that encourages people to share memes with dubious claims about the effects of cannabis—including the theory that it is a “gateway drug” to using other substances. The memes run the gamut, citing certain reports and

DC cannabis dispensary founder pleads guilty to tax evasion

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