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Category: Psychedelics
Incannex Healthcare lands $60 million financing deal
Incannex Healthcare Inc. (Nasdaq: IXHL) announced Tuesday it has secured a financing agreement with Arena Investors, LP for up to $60 million, in a bid to advance the company’s clinical-stage drug candidates. The deal includes up to $10 million in secured convertible notes and a $50 million equity line of …
Maryland’s Cannabis Chief Resigns, Costly Legal Battle In MA Drags On & More – Benzinga
Board Changes And Other Leadership Changes In Cannabis And Psychedelics. Nevada-focused cannabis grower and producer 1933 Industries Inc. TGIF.
Cannabis stock reaction to rescheduling delay ‘overblown’
The recent news that the Drug Enforcement Administration scheduled an administrative hearing for Dec. 2 to “consider differing expert opinions regarding rescheduling of cannabis to schedule III” put many cannabis companies on edge. “The cannabis equity market lurched violently downward on the news as it clearly pushed the issuance of …