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Muddy Waters' Carson Block Bets Against E.L.F. Beauty: Short Seller Says Retailer's Financials Show 'Major Red Flag'
Wednesday, November 20, 2024 - 3:31pm | 613Muddy Waters Research founder Carson Block announced a new short position in E.l.f. Beauty, Inc (NYSE:ELF) at the Sohn conference on Wednesday, which sent shares of the cosmetics company tumbling. Here’s a look at why the short seller is betting against E.L.F. What To Know:...
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Lawsuit Against The Feds Could Set Precedent On State Rights: New Mexico Marijuana Firms Move To Stop Seizures
Saturday, October 26, 2024 - 1:28pm | 429Eight licensed marijuana companies in New Mexico have filed a federal lawsuit against the U.S. Department of Homeland Security and U.S. Customs and Border Protection, alleging constitutional rights violations through property seizures at interior checkpoints. According to court documents,...
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Biden Slammed for Inaction As Feds Raid Licensed Marijuana Businesses: Rep. Blumenauer Urges Swift Response
Wednesday, April 10, 2024 - 3:26pm | 751In recent weeks, what appears to be a shift in cannabis control policy has been observed in New Mexico where U.S. Customs and Border Protection (CBP) agents have confiscated hundreds of thousands of dollars worth of marijuana from state-sanctioned cannabis operations and temporarily detained a...
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Build The Wall — With Artificial Intelligence? How AI Is Entering 2024 Election Discourse
Tuesday, December 12, 2023 - 3:53pm | 701Many key items have become talking points among presidential candidates ahead of the 2024 election. One of them has been immigration, which has been an issue in past elections and it has been proposed that it could be better solved with use of artificial intelligence. What Happened: The 2023 year...
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How Can We Distinguish Marijuana From Hemp? Border Officials Seek Devices To Help
Monday, August 29, 2022 - 12:17pm | 421U.S. Customs and Border Protection (CBP) recently revealed a significant drop in cannabis seizures, attributing it to drug cartels stepping away from marijuana dealing because of many legalization efforts in the U.S. Now, the federal law enforcement agency is willing to purchase portable cannabis...
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Cannabis Seizures Drop For 3 Reasons As Drug Cartels Prefer Fentanyl, Migrant Trafficking
Thursday, July 21, 2022 - 11:40am | 610June's illegal drug seizures at international boundaries, and highway checkpoints, have spiked 25% compared to May, according to a report from U.S. Customs and Border Protection. Compared to the previous year, average daily seizures of marijuana, cocaine and heroin have...
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Joe Rogan Says U.S. Customs Should Take Seized Cannabis & Psychedelics And 'Rethink Their Life'
Friday, June 10, 2022 - 9:58am | 950Joe Rogan, a cannabis and psychedelics advocate was not pleased about the U.S. Customs and Border Protection's (CPB) recent seizure of a shipment containing marijuana, psilocybin and MDMA from a private vehicle. Popular for his often controversial views on the Joe...
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CBP Seizes 100,000 Fake Surgical Masks Near US-Mexico Border
Friday, December 11, 2020 - 3:38pm | 316Federal authorities seized 100,080 counterfeit N95 surgical masks Monday in El Paso, Texas. U.S. Customs and Border Protection (CBP) initially detained the shipment of 3M N95 surgical masks with a value of $600,480 on Dec. 3, according to a release from U.S. Immigration and Customs Enforcement's (...
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Struggling US Importers Granted 90-Day Duty Deferment
Monday, April 20, 2020 - 12:10pm | 520Under authority of the White House, Customs and Border Protection (CBP) will allow U.S. importers of certain goods to defer their payments of duties, taxes and fees for the next 90 days, starting April 20. The temporary duty deferment was included in an executive order signed by President Trump on...
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President Trump Signs Bill To Add CBP Ag Specialists To Ports
Wednesday, March 4, 2020 - 1:56pm | 367On March 3 President Trump signed legislation that will help increase the ranks of U.S. Customs and Border Protection's (CBP) agriculture specialists and technicians to step up protection for America's farming and forestry industries against the introduction of destructive pests and diseases. The...
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CBP Investigates $31 Million Cocaine Seizure At Port Of Savannah
Wednesday, November 6, 2019 - 1:56pm | 471U.S. Customs and Border Protection (CBP) said it's investigating the source of a 2,133-pound cocaine shipment found inside a container load of scrap aluminum and copper at the Port of Savannah. CBP officers discovered the cocaine on Oct. 29 during a non-intrusive inspection of the Europe-bound...
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Customs Brokers See Role In Combating Counterfeit Goods
Friday, August 9, 2019 - 12:55pm | 860Licensed customs brokers serve as the funnel through which U.S. Customs and Border Protection, as well as more than 40 other federal agencies, receive electronic data to evaluate the compliance of numerous imports entering the country each day. With this capability, the industry sees itself...
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U.S. Customs And Border Protection Marks 230th Anniversary Of First Ship's Arrival In The U.S.
Tuesday, August 6, 2019 - 12:54pm | 559Customs and Border Protection highlighted the historic event with the arrival on August 5 of the U.S.-flag containership Maersk Kinloss at APM Terminals in Port Elizabeth, New Jersey Two hundred and thirty years ago on August 5, 1789, the newly formed U.S. Customs Service processed the first...
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US Customs And Border Protection: New Scanning Equipment Is A 'Game Changer'
Friday, July 26, 2019 - 12:45pm | 434U.S. Customs and Border Protection is replacing and expanding its fleet of non-intrusive X-ray scanning machines used to look inside truck trailers and containers entering the country's ports of entry. The machines allow CBP officers to view the contents inside these freight transport conveyances...
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E-Commerce Supply Chain Keeps US Customs And Border Protection Leaders Awake At Night
Friday, July 26, 2019 - 12:42pm | 715Senior officials at U.S. Customs and Border Protection (CBP) said what "keeps them awake at night" is knowing there are small packages potentially concealing dangerous narcotics and other unsafe products that are slipping past the agency's oversight in the burgeoning e-commerce supply chain. "...