$811 million – Value of cannabis capital raises year-to-date Cannabis capital remains challenging to get, and it’s reflected in the amount of raise activity the industry has seen in the first part of 2024. As of the end of May, cannabis companies had raised $811 million, down 22% from the …
Former New York OCM spokesman critiques agency’s turbulent transition
After two years of having to get permission to talk about the inner workings of the New York Office of Cannabis Management, Aaron Ghitelman quit his government post to enter the private world of cannabis public relations. Now the former spokesman for the agency is he’s speaking up about the …
The Daily Hit: June 10, 2024
The Daily Hit is a recap of the top financial news stories for Monday, June 10, 2024. On the Site New York governor names interim leadership for cannabis regulatory agency Gov. Kathy Hochul’s Appointments Office is also launching a nationwide search for a permanent replacement for Chris Alexander. Read more …
New York lawmakers pass bill to make cannabis farmers markets permanent
New York legislators approved a bill that would allow marijuana farmers markets to become a regular part of the state’s legal cannabis landscape. The legislation, sponsored by Sen. Michelle Hinchey and Assemblymember Donna Lupardo, both Democrats, now heads to Gov. Kathy Hochul’s desk for consideration, Marijuana Moment reported. Under the …