Rhode Island Cannabis Grower Pays $625K to Keep License

The company also agreed to a corrective action plan and to properly track all cannabis going forward.

A Rhode Island cannabis company has worked out a deal with the state to retain its license.

In September, STJ, which does business at Fire Ganja, was targeted by regulators for possessing unregistered cannabis products.

That included nearly 1,500 untagged plants, more than 1,500 ounces of untagged flower, and more than 2,000 ounces of untagged hash.

Fire Ganja had previously filed suit against the state. But has now agreed to pay $625,000 over the next three years in exchange for continuing to do business.

In addition to the fine, the company also agreed to a corrective action plan and to properly track all cannabis going forward.

β€œWe’re happy to have some finality in this situation, glad to get our employees back to work as they have been waiting since mid June,” said Fire Ganja co-owner Nick Salvadore.

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