This story was republished with permission from Crain’s Cleveland and written by Scott Suttell. Adult-use marijuana now is legal in Ohio, but lawmakers still are working on details of the law that will establish a functioning market in the state. Panelists at the Crain’s Cleveland Business Cannabis Summit, held Thursday afternoon, Jan. 25, …
Report: Israel investigates Canadian cannabis imports following complaints from locals
The Israeli Ministry of Economy launched an investigation into the import practices of at least 10 Canadian cannabis companies, reportedly in response to concerns from local marijuana companies over the market effect from imports. According to StratCann, the ministry posted a notice on Jan. 18 directed to the 10 Canadian …
Virginia Senate subcommittee advances bill to allow retail cannabis stores
Virginia’s plans to allow licensed stores to sell recreational marijuana inched forward this week after a key senate subcommittee approved a bill to let sales begin next year. The bill advanced by the cannabis subcommittee would let up to 400 stores begin sales on Jan. 1, 2025, according to WRIC …
The Daily Hit: January 25, 2024
The Daily Hit is a recap of the top financial news stories for Jan. 25, 2024. On the Site New York hearing Friday could stall cannabis retail licensing, again The latest lawsuit to be filed against New York marijuana regulators over their licensing process is slated for a hearing in federal …