The Daily Hit is a recap of the top financial news stories for Wednesday, June 5, 2024. On the Site Report: Michigan overtakes California in number of cannabis products sold California is still outselling Michigan on the revenue front, likely due to higher prices in the West Coast state. Read …

The king is dead, long live the king. The Golden State of California, home to the famed Emerald Triangle and a global cannabis influencer for decades, is now number two – at least in volume of legal, licensed marijuana products sold in the month of March this year, according to …

After rumors raced through the industry, Ben Kovler, CEO of Chicago-based Green Thumb Industries (GTI) (CSE: GTII) (OTCQX: GTBIF), officially confirmed that he sent a letter to the chairman of  The Boston Beer Company (NYSE: SAMS), Jim Koch, outlining the potential benefits of joining forces. In the letter, which was …

The Institute for Clinical and Economic Review (ICER) recently posted its revised evidence report assessing the comparative clinical effectiveness and value of 3,4-Methylenedioxymethamphetamine-assisted psychotherapy (MDMA-AP, a psychotherapy protocol from Lykos Therapeutics) for the treatment of post-traumatic stress disorder (PTSD). ICER provides independent evaluations of medical tests, treatments, and systems. The …