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Suffolk County Sheriff Arrested For Allegedly Pressuring Cannabis Firm To Buy Stock

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8 months ago

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Suffolk County Sheriff Arrested For Allegedly Pressuring Cannabis Firm To Buy Stock

Suffolk County Sheriff Steven Tompkins, 67, has been charged with Two Couns of Extortion for Allegedly Pressing A Boston-Based Cannabis Company to Sell Him Stock While It Was Preparaing For An Initial Public Public Offer In 2020. Federal Prosecutors Allege The Company Feared Rejectioning Tampkins Could Jeopardize its Partnership with a Sheriff’s depratment program that placed former in jobs there – poantially threatening its exploit license and iPoo. Trial submission states that Tampkins have connected $ 50,000 from its retirement account to buy stocks that initially grew at the price before declining. When the actions fell in 2021, he allegedly demanded and received a full return issued through five checks marked as “repayment of the loan”.

Tampkins, who oversees about 1000 employees, was taken to Federal Trustees in Florida and will appear in the US District Court in Boston. The sheriff, which previously fined $ 12,300 in 2023 for counters and the use of staff for personal instructions, threatens up to 20 years in prison for each count, three years under oversight and fine of $ 250,000. Neither his lawyer nor the Sheriff’s department commented on the case.

Message Sheriff County Sufolk arrested for alleged pressure on cannabis to buy stocks appeared first further Retail Marijuana Retail Report – News and Information for Cannabis sellers.

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Law

Marijuana Retail Report

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10 minutes ago

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April 10, 2026

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Marijuana Retail Report



The organization approved the legislation, SB 270, by a 33-2 vote

The Louisiana Senate passed a bill re allow terminally and terminally ill patients to use medical marijuana in hospitals.

The body approved the legislation, SB 270 by Sen. Katrina Jackson-Andrews (D), in a 33-2 vote on Wednesday. Now it is sent to the House of Representatives for consideration.

“This bill does exactly what the title says,” Jackson-Andrews said on the floor before the vote. “If a patient is in pain and they believe that medical marijuana will work and they have a prescription, it allows them to bring that prescription to the hospital and have one of their family members or themselves prescribe it.”

Under the proposal, hospitals would have to create written guidelines that allow covered patients to use medical cannabis on-site in ways other than smoking or vaping.

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Medical Marijuana

Marijuana Retail Report

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1 day ago

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April 9, 2026

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Marijuana Retail Report



“West Virginia Needs to Plan Better for the Future”

Despite a veto that could have delayed it even more spent $38 million on medical marijuana collected over the past four years, state Treasurer Larry Pack (R) now says he will release the funds as originally mandated.

Last week, Gov. Patrick Morrissey (R) vetoed a bill that would have required funding for medical marijuana to help the homeless and expedite child abuse and neglect cases in the court system. He said the bill would tie up money for future spending.

In his veto letter, Morrissey wrote, “West Virginia needs to do a better job of planning for the future, and it cannot preemptively lock in such future revenue streams when it has the reserves to invest more in roads, water, sewer, site selection, rail and future tax cuts.”

Morrissey said he is willing to negotiate with the Legislature on how to spend the money.

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cannabis control commission

Marijuana Retail Report

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2 days ago

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April 8, 2026

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Marijuana Retail Report



The bill also doubles the purchase and possession limits to 2 ounces

The size of the Cannabis Control Commission is planned to be reduced from five members to three with the power to appoint them exclusively under the direction of the governor. a major reform bill passed a legislative committee on Monday.

The bill also doubles the amount of cannabis people can purchase per day or have at any one time to 2 ounces. The House and Senate must approve a compromise bill before it reaches the governor’s desk, though so-called conference committee deals typically don’t face much resistance in the Democratic-led chambers.

At the time when pot prices have plummetedthere is an industry in turmoiland the commission has seen much upheaval, the changes are part of an effort to reform the cannabis industry and its regulation. The conference’s cannabis committee has been debating the latest package for months.

“The legislation includes a new structure that provides clear accountability and improves the operation of the Cannabis Regulatory Commission,” committee co-chairs Sen. Adam Gomez, D-Springfield, and Daniel Donahue, D-Worcester, said in a joint statement. The bill, they added, “paves a more promising path forward for the regulation of cannabis.”

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