NJ Supreme Court Condemns Vehicle Search Based On Cannabis Smell, Lawmakers Discuss Legal Market
Portfolio Pulse from Jelena Martinovic
The New Jersey Supreme Court ruled that police officers violated the Fourth Amendment by searching a vehicle based on the smell of cannabis. Meanwhile, the State Senate Judiciary Committee held a hearing to discuss challenges in implementing the adult-use cannabis law, with Curaleaf (OTCQX:CURLF) facing criticism for alleged rule manipulation.
June 26, 2023 | 3:13 pm
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Curaleaf (OTCQX:CURLF) faces criticism for allegedly manipulating rules to reinstate its license, which was denied due to facility closure, lack of transparency, and conflicts with unionization.
Curaleaf is facing criticism for allegedly manipulating rules to reinstate its license, which was denied due to facility closure, lack of transparency, and conflicts with unionization. This negative news could impact the company's reputation and investor confidence, potentially leading to a short-term decline in its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80