The Daily Hit is a recap of the top financial news stories for Monday, October 14, 2024. On the Site Judge denies restraining order for California hemp ban Several hemp companies challenged emergency rules that ban hemp products with any detectable THC. Read more here. Flora Growth to distribute Storz …
Connecticut cannabis sales slide in September
Connecticut’s cannabis market experienced a 12% decline in sales during September, according to state data released last week. Total cannabis sales fell to $23.4 million in September from $25.7 million in August, the Department of Health and Human Services reported. Both recreational and medical cannabis sectors slid during the month. …
Maine issues second cannabis recall for mold, yeast issues
Maine officials issued a health and safety recall for cannabis products sold at a string of adult-use retail stores across the state. The state’s Office of Cannabis Policy announced last week that pre-ground flower, pre-rolls and blunts produced by Nova Farms failed microbial, yeast and mold testing. The products, sold …
Missouri pulls more than half of social equity cannabis licenses
Missouri regulators denied certification for a slew of social equity marijuana licenses issued in a recent lottery, citing eligibility issues. The state health department announced last week that only 25 of the 57 microbusiness licenses issued in June were certified as eligible. “Licenses that are not certified as eligible are …