The cannabis industry breathed a sigh of relief as news of the East Coast port strike settlement ended a week of uncertainty. The industry, which has already had its fair share of challenges, certainly didn’t need another problem. While cannabis in the U.S. can’t cross state or federal lines, many …
The Daily Hit: October 7, 2024
The Daily Hit is a recap of the top financial news stories for Monday, October 7, 2024. On the Site Biggest California cannabis delivery company will close by end of year, lay off 500 employees It’s still unclear what the company’s new owners plan to do with it after the …
Story Cannabis receives $41 million loan for its operations in Maryland
Privately held multistate operator Story Cannabis received a $41 million loan from Florida-based cannabis real estate lender AFC Gamma Inc. (Nasdaq: AFCG). Story’s Maryland division, Story of Maryland LLC, will use the funds to refinance some of the business’s existing debt and to pay for ongoing operations. Daniel Neville, CEO …
NORML Op-Ed: Marijuana Prohibition Has Been a Fraud From the Get-Go
Marijuana prohibition has been a fraud from the beginning — often propagated by politicians and bureaucrats who were in on the sham. It’s high time we end it. The post NORML Op-Ed: Marijuana Prohibition Has Been a Fraud From the Get-Go appeared first on NORML.