The New York Office of Cannabis Management recently announced that the 164th licensed recreational marijuana dispensary in the state opened its doors on Aug. 16. But there are still at least 300 more “justice-involved” conditional adult use retail dispensary (CAURD) permitholders trying to get open, noted Jayson Tantalo, one of …

The Daily Hit is a recap of the top financial news stories for Thursday, August 22, 2024. On the Site Despite governor’s report, most Illinois social equity businesses not operational yet A raft of issues have prevented social equity owners from opening, with lack of investment being the largest. Read …

Florida-based Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF), which operates under brand name Fluent, reported positive net income of $947,000 for the second quarter of the year, breaking into the black for the first time in 2024. The Sunshine State-based multistate operator also saw revenues increase 12% year-over-year to $27.3 million. …

Nevada marijuana regulators awarded six new cannabis consumption permits via lottery, in a move to further expand the tourist-heavy state’s attractions for ganja fans. According to a news release from the Nevada Cannabis Compliance Board, the winners included Kora Cannabis Lounge LLP, Nevada Consumption Lounge LLP, and four other businesses …