August 20, 2013 |
NEW YORK -- Scammers may be jumping into the weed business, Wall Street's regulator warns. The Financial Industry Regulatory Authority, or Finra, issued an investor alert Tuesday cautioning investors that some marijuana stock pitches bear the hallmarks of classic Wall Street "pump and dump" schemes. The investment pitches can come via email, Twitter, webinars or fax, the alert said. In such scams, promoters of thinly traded, low-price shares (or penny stocks) fuel investor demand by hyping the stocks' growth potential.
CALIFORNIA | LOCAL
November 28, 2013 |
A security guard was critically injured Wednesday at a Palmdale marijuana collective during an apparent robbery attempt, officials said. At 7:17 p.m., three masked men fired multiple shots outside the Green Cactus Collective in the 3600 block of Sierra Highway, Deputy John Cereoli of the Los Angeles County Sheriff's Department told The Times. When sheriff's deputies arrived, they found the guard on the ground. The suspects had fled the scene. "They fled in an unknown direction, to an unknown location," Cereoli said.
CALIFORNIA | LOCAL
April 26, 2010 |
Riverside County businessman Stewart Hauptman's latest venture gives new meaning to the term "recreational drugs." Until recently, he sold marijuana for medical use from a souped-up RV he parked outside a Norco clinic. He refurbished a 1985 Pace Arrow motor home, installing display cases, a baked-goods section and other amenities. He named the operation the Lakeview Collective-on-Wheels and parked the converted RV in a lot outside the clinic, where people were being evaluated for medical marijuana use. "That way, when patients came out of the clinic, they are able to get the medicine right away," said Hauptman, a Riverside County videographer-turned-cannabis-entrepreneur.
November 12, 2013 |
Kansas City Chiefs wide receiver Dwayne Bowe was arrested on a charge of possession of marijuana late Sunday after he was pulled over for speeding in Riverside, Mo. According to Riverside police, an officer was parked and using speed-tracking radar at about midnight Sunday when a car was detected going 48 mph in a 35-mph zone. The officer pulled over the car and when he approached the car to talk to the driver, Dwayne Bowe, he said he smelled a strong odor of marijuana. After requesting the driver and two passengers get out of the car, the officer searched the car with a K-9 unit dog and found more than 10 grams of marijuana, police said.
CALIFORNIA | LOCAL
May 23, 2013 |
A San Diego County sheriff's deputy shot a suspect during a physical altercation with "four intoxicated people smoking marijuana" in the laundry room of an apartment complex in Vista, officials said Thursday. The incident occurred Wednesday night. The suspect, whose name was not released, was taken to a hospital and was listed in stable condition. The deputy, who was also injured, was treated at a hospital and released. A Taser was used in the incident, but it was unclear whether it was used by the deputy or the suspect, the sheriff's department said.
September 19, 2012 |
Julio Cesar Chavez Jr. submitted a positive post-fight urine test for marijuana, the Nevada State Athletic Commission informed the boxer's promoter Wednesday. Carl Moretti, the vice president of promoter Top Rank, said he received a phone call, alerting him to Chavez's positive test, from Nevada commission executive officer Keith Kizer. The result could have steep consequences for Chavez Jr., who surrendered his World Boxing Council middleweight belt with a unanimous decision loss Saturday to Sergio Martinez that came despite a dramatic 12th-round rally by Chavez Jr. It was the second positive test for Chavez Jr. in Nevada.
December 19, 2012 |
More adolescents are using pot and they increasingly believe that the drug is benign. Those are the findings from the latest annual survey of eighth-, 10th- and 12th-graders put out each year by the University of Michigan and funded by the National Institute on Drug Abuse . Among other things, the Monitoring the Future survey found the following: Among 12th-graders: 6.5% smoked marijuana daily. That's an increase from five years ago, when that figure was 5.1%. “Nearly 23% said they smoked it in the month prior to the survey,” a press release about the study noted.
March 26, 2012 |
The parents of slain black teenager Trayvon Martin on Monday angrily lashed out at reports that their son was suspended from school because of marijuana, accusing authorities of continuing to demonize the memory of the victim in order to support George Zimmerman, the man who shot him. Speaking at a televised news conference, Martin's father, Tracy, and mother, Sybrina Fulton, said their son was again being made a victim. Martin was killed during a confrontation with George Zimmerman, a neighborhood watch volunteer on Feb. 26. Zimmerman, 28, told police that he shot in self-defense, but the family has dismissed Zimmerman's version of events and has repeatedly called for his arrest.
July 19, 1990 |
Yusof Zulti, 27, a clothing vendor, was sentenced to death Wednesday for trafficking in 30 ounces of marijuana.
July 3, 2004 |
Oregon voters will decide in November whether to make medical marijuana more readily available, officials said in Portland. The ballot initiative would let patients possess up to a pound of marijuana, up from 3 ounces under a law passed in 1999. It also would create a system of dispensaries that could legally sell the drug to patients. About 9,000 Oregonians have medical cards allowing them to grow and use marijuana for medical purposes.