With the issuance of the first-ever recreational marijuana retail permits in New York on Monday – and the launch of adult-use sales inching ever closer – a major question remains: Will the state’s thriving underground market undercut legal sales, as it has in California? The answer is nobody yet knows …
The Daily Hit is a recap of cannabis business news for Nov. 22, 2022. ON THE SITE Rhode Island Green Lights Recreational Sales for Five Dispensaries Recreational cannabis sales will kick off next month in Rhode Island for at least five existing medical dispensaries, Gov. Dan McKee announced today. In a …
Recreational cannabis sales will kick off next month in Rhode Island for at least five existing medical dispensaries, Gov. Dan McKee announced today. In a press release, McKee said he and the state Department of Business Regulation have granted “hybrid retail licenses” to the following five dispensaries: Aura of …
Medical Marijuana Inc. (OTC: MJNA) saw revenue fall in the third quarter despite cutting costs in during the period, according to financial results for the quarter ended Sept. 30. Those measures mostly benefitted margins for the company. MJNA’s stock was trading down nearly 5% on Tuesday after the results were …