Sept 18- Rite Aid Corp, the third-largest U.S. drugstore chain, cut its full-year profit forecast for the second time, citing lower margins in its pharmacy business, sending its shares down 11 percent in premarket trading.» Read More
The so-called "pot mom" Andrea Sanderlin has confessed to a judge she operated a facility in which she and others grew at least 1,000 marijuana plants and sold the products. CNBC's Andrea Day has the details.
Drugstores signed on to help educate consumers about Obamacare, but they have their sights set on the future business of these newly insured consumers.
L'Oreal's rumored buyback of Nestle's 29.5 percent stake in the French cosmetics giant looked far from a done deal on Friday, with Jean-Paul Agon, chairman and CEO of L'Oreal, telling CNBC that the ball was in the Swiss food giant's court.
The Department of Justice will not block state marijuana laws if distribution is regulated, reports CNBC's Eamon Javers.
FINRA is issuing a new investor alert called "marijuana stock scams." CNBC's Mary Thompson offers insight.
Washington will tax pot anywhere from 25 to 50 percent at the production and processor level, another 25 percent at retail. CNBC's Jane Wells reports Washington says it could raise up to $2 billion in pot taxes over five years.
CNBC's Jane Wells reports from the River Rock Wellness Center in Denver, Colorado, where in 5 months legal medical cannabis will be able to be sold as recreational pot. Investors are hoping to cash in on the "green rush," she says.
The global coffee market has been rather decaffeinated for the past couple of years, with prices falling to less than half their 2011 peak and the bean becoming the worst-performing soft commodity last year.
NBC's Steve Handelsman reports the U.S. has 25 percent of the world's prisoners; and Joseph diGenova, Former U.S. Attorney, and Matt Welch, Reason Magazine, discuss a drug policy overhaul. "The science of marijuana is very bad," says diGenova, adding "that doesn't mean we should lock people up forever who use it."
Major League Baseball is pushing back its announcement on biogenesis punishments until later in the day. Bob Nightengale, USA Today Sports, offers insight on the details of Alex Rodriquez's expected suspension.
Pro-marijuana group Marijuana Policy Project posted a video near the Indianapolis Motor Speedway, reports CNBC's Jane Wells.
CNBC's Andrea day has been tracking the story on the mom who was accused of running a massive pot growing operation. MedMen offers clients tips on growing marijuana plants. Its founder and CEO Adam Bierman, weighs in.
Sen. Chuck Grassley says IRS officials targeted political candidates for audits, and a major player in the Mexican drug trade has been caught. CNBC's Josh Lipton has tonight's headlines; and Retired General and former drug czar Barry McCaffrey, weighs in.
Mexican armed forces arrested Miguel Angel Trevino Morales, the alleged leader of the Zetas drug cartel, near the U.S. border on Monday. Retired general and former U.S. drug czar Barry McCaffrey shares his knowledge of Morales' criminal career.
The accused "pot mom" Andrea Sanderlin arrived at court alone, reports CNBC's Andrea Day. Sanderlin is accused of growing 3,000 marijuana plants with intent to distribute.
Costco Wholesale reported June same-store sales that beat analysts' estimates, while L Brands sales came in lower than expected.
Accused Boston Bomber Dzhokhar Tsarnaev pleaded not guilty to all charges, reports CNBC's Bertha Coombs.
Andrea Sanderlin was accused of running a multi-million dollar marijuana warehouse. CNBC's Mary Thompson reports the judge on the case is requiring additional guarantors before granting her bail. (*Note: She was granted bail later in the day.)
CNBC's Mary Thompson reports on the "pot mom," who was arrested in May for housing pot plants worth over $3 million. The operation allegedly funded her high-end lifestyle.
If you couldn't be Don Draper on "Mad Men," you could at least drink like him, but now vodka is back as America's favorite.