The Daily Hit is a recap of the top financial news stories for Tuesday, September 10, 2024. On the Site New York cannabis regulators add more recreational licenses, further tweak rules The Cannabis Control Board introduced a measure that would allow licensees to apply for a waiver to the 1,000-foot …
Missouri task force created to combat illicit cannabis
The Missouri attorney general’s office teamed up with the state Division of Alcohol and Tobacco Control to launch a new task force aimed at “the spread of unregulated psychoactive cannabis products,” as a spinoff of the new crackdown on intoxicating hemp goods in the midwestern state. During a press conference, …
New York cannabis regulators add more recreational licenses, further tweak rules
New York marijuana regulators on Tuesday further expanded the state’s licensed market by adding 123 permits. They also moved forward with several notable tweaks to business rules, such as a new potential zoning variance that could allow dispensaries to open more closely together in densely-packed metro areas like New York …
Incannex Healthcare lands $60 million financing deal
Incannex Healthcare Inc. (Nasdaq: IXHL) announced Tuesday it has secured a financing agreement with Arena Investors, LP for up to $60 million, in a bid to advance the company’s clinical-stage drug candidates. The deal includes up to $10 million in secured convertible notes and a $50 million equity line of …