The Daily Hit is a recap of the top financial news stories for Wednesday, October 23, 2024. On the Site New intoxicating hemp ban on table in coming Texas legislative session A list of GOP priorities for the upcoming legislative session includes a handful of provisions related to the hemp …
Upstate New York shop fined $9.5 million for unlicensed marijuana sales
A small shop in upstate New York near Rochester has been hit with a $9.5 million fine after the owner ignored a cease-and-desist order to stop selling cannabis without a license. George West, the owner of Jaydega 7.0 in the town of Canandaigua, was slapped with the enormous fine this …
Ohio cannabis sales picked up slightly in the first half of October
This story was republished with permission from Crain’s Cleveland Business. Midway through October, the pace of adult-use cannabis sales in Ohio is trending flat to slightly up while medical sales are trending flat to slightly down. Average adult-use marijuana sales per week in the state total approximately $11.2 million so …
New intoxicating hemp ban on table in coming Texas legislative session
The enormous intoxicating hemp goods market in Texas may not have long. Republican legislative leaders in the state capital of Austin are prepping to ban such products in the coming legislative session, which runs from January to June next year, The Texas Tribune reported. Lt. Gov. Dan Patrick distributed a …