Colorado officials are extending the public comment period for proposed fees related to the state’s upcoming psychedelic-assisted therapy program, delaying final approval. The Department of Revenue’s Natural Medicine Division had initially planned to set the fees during a Sept. 16 rulemaking hearing. However, officials decided to continue the hearing into …
DC cannabis coalition files sweeping lawsuit against two dozen illicit marijuana operators
A group of licensed marijuana companies in Washington, D.C., have filed a federal lawsuit in a last-ditch attempt to force the court to hold several unlicensed cannabis shops and their landlords to account. The suit, filed in the U.S. District Court for the District of Columbia on Sept. 27, was …
Chicago Atlantic BDC to begin trading with new LIEN ticker symbol
Silver Spike Investment Corp. is switching things up after purchasing a portfolio of loans from Chicago Atlantic Loan Portfolio LLC (CALP). SSIC will now become a business development company, or BDC. The entity was renamed Chicago Atlantic BDC Inc., and its ticker symbol on the Nasdaq will change to LIEN, …
The Daily Hit: September 30, 2024
The Daily Hit is a recap of the top financial news stories for Monday, September 30, 2024. On the Site Cannabis cafes get green light in California Governor Newsom signed the bill after his concerns about second-hand smoke were addressed. Read more here. Harris endorses federal marijuana legalization Harris: “I …