Psilera Inc. reported positive results in initial studies of its non-hallucinogenic psilocybin drug that it plans to use in dementia treatments. The initial toxicity readouts from maximum tolerated dose in vivo studies show a strong safety profile for the company’s PSIL-006 drug. “From the start, our primary focus was to …

Ascend Wellness Holdings, Inc.  (CSE: AAWH-U.CN) (OTCQX: AAWH) has terminated its Chief Executive Officer John Hartmann and the company’s Chief Financial Officer Mark Cassebaum, effective immediately. The Board of Directors has appointed Samuel Brill, who is a current director, as CEO. Brill has served on the company’s Board of Directors since …

290 – Dispensaries organized under the UFCW The cannabis industry has been a key target for large unions in the U.S. According to the United Food and Commercial Workers International Union’s website, 290 dispensaries have signed onto the union, as well as 36 grow facilities. The International Brotherhood of Teamsters …

The Daily Hit is a recap of the top financial news stories for Monday, August 26, 2024. On the Site DEA grants administrative hearing, delays cannabis rescheduling until after election The agency said it received “numerous requests” for such a hearing. Read more here. New Missouri cannabis packaging deadline set …