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“On Friday, the Alcohol and Marijuana Control Office board voted to revoke the license of Anchorage-based Frozen Budz and charge the company with a $500,000 fine. The incident marks the first time that Alaska state cannabis regulators have revoked a license.
Frozen Budz is being accused of engaging in testing violations, improper labeling, operating out of compliance, producing unapproved products and failing to track the source of its products.
Members of the Alcohol and Marijuana Control Office board hope other businesses will learn by example. “It’s a new industry, it’s a new process for us, so we haven’t anything of this magnitude,” Mark Springer, a member of the marijuana board, told the Associated Press. “I really hope that the rest of the industry and people who are considering joining the industry will view this as the board and the office meaning business.””
