Privately owned wholesale platform company LeafLink is buying Dama Financial’s banking division for an undisclosed amount. The announcement follows LeafLink‘s recent upsizing of its Series D fundraising round from $100 million to $125 million, potentially to fund the acquisition. Leaflink previously raised $100 million in 2023 when it named its current …
RBC Capital launches coverage on Compass Pathways, cites $2.3B revenue potential
RBC Capital Markets initiated coverage on Compass Pathways (NASDAQ: CMPS) with an “Outperform” rating on Tuesday, citing the potential for $2.3 billion in peak revenues from its lead psilocybin-based therapy program. In a research note shared with Green Market Report, RBC analyst Leonid Timashev set a $23 price target on …
Analysis: No Increase in Rates of Marijuana Use Among Youth Over Past Decade
“Prevalence of cannabis use did not change among youth over time,” the study’s authors concluded. The post Analysis: No Increase in Rates of Marijuana Use Among Youth Over Past Decade appeared first on NORML.
New Mexico Cookies retailer agrees to $350,000 settlement over opening-day violations
Blue Whale Enterprises Inc., which operates a dispensary under the Cookies brand name in New Mexico, agreed to pay $350,000 in fees to settle allegations of multiple violations during its grand opening event last year, according to a settlement agreement released by regulators. The New Mexico Cannabis Control Division alleged …