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The Daily Hit is a recap of the top financial news stories for Thursday, October 10, 2024. On the Site Massachusetts regulators fine Ascend Wellness, Curaleaf for ignoring consumer safety practices A government staffer said Ascend’s process failures were “so egregious as to amount to incompetent.” Read more here. New York cannabis board greenlights more... Continue Reading →
Cannabis icon and music legend Willie Nelson is urging voters in Dallas to pass a marijuana decriminalization measure that will appear on their local ballots in November. “Marijuana is an herb and a flower, not a crime,” Nelson said in a press release distributed by Ground Game Texas, which is organizing cannabis campaign, on Friday.... Continue Reading →
“Most of us feel like this is a social-equity program to benefit people that are socially disadvantaged, not a way for millionaires to get richer.” By Rebecca Rivas, Missouri Independent David Huckins, a disabled veteran from Leavenworth, Kansas, threw his name into the lottery this spring for a chance to win a social-equity marijuana dispensary... Continue Reading →
StateHouse Holdings (CSE: STHZ) (OTCQB: STHZF) filed for bankruptcy in Canada and began receivership in the United States, the company announced this week. The vertically integrated cannabis firm, which operates 11 dispensaries across California, made the filing under Canada’s Bankruptcy and Insolvency Act. The move follows the launch of receivership proceedings in the U.S. by... Continue Reading →
A Texas law enforcement agency has released a report advising that the state’s limited medical marijuana system “does not provide for statewide access for patients” and recommending that the number of licensed dispensaries be significantly expanded to meet demand. The Texas Department of Public Safety (DPS) didn’t create the report or endorse its various recommendations... Continue Reading →
Many of the top cannabis industry insiders acknowledge continued difficulties in the industry today, but their outlook at the Benzinga Cannabis conference, held in Chicago this week, was far more optimistic than last year. Several themes kept recurring in various panels and hallway conversations, including: Ongoing lack of capital Optimism for legislative changes The conflict... Continue Reading →
Researchers have published a new study plan to test whether hemp-derived CBD might offer an offramp for people with marijuana use disorder, potentially enabling them to reduce their consumption of THC. The protocol, funded by a grant from the National Institute of Drug Abuse (NIDA) and published in the journal PLoS ONE, lays out a... Continue Reading →
ThrivePOP Takes the Stage at MJBizCon: Image Cannabis News October 11, 2024 Explore the Marketing Impact of AI on Consumer Experiences! FOR IMMEDIATE RELEASE Date: October 8, 2024 Contact: Michele Ringelberg Phone: 844.822.5016 Contact Email: howdy@thrivepop.com (Muskegon, MI, October 7, 2024) ThrivePOP Digital Marketing Agency, a marketing agency specializing in cannabis Cannabis Technology News by... Continue Reading →
A Minnesota task force charged with making psychedelics-related policy recommendations to lawmakers has advised that lawmakers should decriminalize the use and possession of personal-use amounts of psilocybin mushrooms—one of the latest suggestions set to go into the panel’s report to the legislature in January. Other proposed policies recommended by the Minnesota Psychedelic Medicine Task Force... Continue Reading →
The Ever-Evolving Cannabis Industry: These Are Latest Leadership Changes You Should Know About Image Cannabis News October 11, 2024 The U.S. Hemp Roundtable Taps Two Prominent Executives In Hemp Beverage Space Into Its Ranks The U.S. Hemp Roundtable made headlines in early September as its board of directors welcomed two distinguished leaders from the hemp... Continue Reading →
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