The Daily Hit is a recap of the top financial news stories for Tuesday, June 4, 2024. On the Site Green Thumb to Boston Beer: Let’s talk In a letter, GTI suggested that Boston Beer could be more proactive – rather than reactive – since young people are drinking less …
Critics of Lykos’ MDMA trials come out in force at meeting as FDA committee denies approval request
A panel of independent health advisers convened Tuesday to consider a landmark proposal to approve MDMA as a treatment for post-traumatic stress disorder. In the end, Lykos’ MDMA drug approval proposal to treat PTSD failed with a 1-10 vote, reducing the chance for federal approval later this summer. The Psychopharmacologic …
Flora Growth forms joint venture to tap U.S. cannabis beverage market
Flora Growth Corp. (NASDAQ: FLGC) is doubling down on its efforts to expand in the U.S. cannabis market, announcing a joint venture with Althea Group Holdings to enter the hemp-derived beverage sector, the company announced Tuesday. The 50/50 joint venture, named Peak USA LLC, will combine Flora’s brand development, sales, …
Louisiana: Lawmakers Send Governor Bills to Decriminalize Marijuana-Related Paraphernalia, Pardon First-Time Offenders
Both bills await action from Republican Gov. Jeff Landry legislation. If the Governor fails to take action on the bills within ten days of them being transmitted, they will automatically become law. The post Louisiana: Lawmakers Send Governor Bills to Decriminalize Marijuana-Related Paraphernalia, Pardon First-Time Offenders appeared first on NORML.