The Daily Hit is a recap of the top financial news stories for Wednesday, June 26, 2024. On the Site Congressional committee puts cannabis rescheduling on the chopping block The bill keeps the existing rule that prevents the DOJ from interfering with state medical marijuana laws. Read more here. Lawsuit …
Arizona medical cannabis market continues to shrink in the shadow of adult-use
The Arizona recreational cannabis market is now nearly four times the size of the medical marijuana market, as the number of registered patients in the state has dropped by more than two-thirds in less than two years. The latest sales data from the state Department of Revenue included just $97 …
Congressional committee puts cannabis rescheduling on the chopping block
Pushback on cannabis rescheduling, while expected, has begun in full force. A Republican-controlled congressional committee this week unveiled a key spending bill that would block rescheduling and modify longstanding protections for state medical cannabis programs. The provisions were part of the 2025 appropriations bill for Commerce, Justice, Science, and Related …
Green Market Report Women in Cannabis Awards: Beth Kotarba named Woman of the Year
Beth Kotarba, chief operating officer of Native Roots Cannabis, nabbed the Woman of the Year award at the Green Market Report Women in Cannabis Awards in New York last month. Kotarba, who has helmed operations at Native Roots for nearly eight years, has steered the company through go-go growth while championing gender …