The Food and Drug Administration announced Wednesday it will convene a public advisory committee meeting next month to evaluate a drug application for MDMA as a treatment for post-traumatic stress disorder. In a federal notice, the FDA said the Psychopharmacologic Drugs Advisory Committee will discuss the overall benefit-risk profile and …
In the decade since the United States’ first regulated adult-use cannabis markets launched, cannabis tax revenues have become an increasingly substantial revenue stream for state governments across the country. A new report from advocacy nonprofit Marijuana Policy Project highlights just how lucrative legalized cannabis has proven for state coffers. Through …
The Daily Hit is a recap of the top financial news stories for Wednesday, May 8, 2024. On the Site Green Thumb continues winning streak with $31 million first quarter profit The increase in revenue was attributed to “increased retail and consumer packaged goods sales.” Read more here. Verano revenue …
Maryland-based Innovative Industrial Properties Inc. (NYSE: IIPR) reported a slight dip in net income for the first quarter ending March 31, despite a modest rise in core funds from operations and expansion of its property portfolio. The cannabis real estate investment trust posted net income of $39.1 million, or $1.36 …