New York marijuana regulators on Friday gave the formal thumbs up to six of the state’s 10 licensed medical marijuana companies – most of which are large multistate operators – to begin adult-use cannabis sales on Dec. 29, precisely one year after recreational sales were launched in the Empire State. …
Tag: Investing
Slow Rollout of Connecticut’s Adult-Use Cannabis Program Starting to Spook Entrepreneurs
Optimism in Connecticut is beginning to fade as the industry faces a slow and challenging rollout, with only a fraction of licensed businesses fully operational. As of Nov. 1, the state’s online licensing database showed that 55 cannabis companies are waiting for licenses. Forty have received provisional licenses, according to …
Martin Luther King III Calls for Inclusion in Cannabis
Martin Luther King III, son of the famed civil rights leader, publicly spoke in Las Vegas on Thursday about the need for equity and inclusion in the cannabis industry. The event, part of the annual MJBiz Conference, was hosted by Minorities for Medical Marijuana and centered around the theme “Cannabis …
The Daily Hit: December 7, 2023
The Daily Hit is a recap of the top financial news stories for Dec. 7, 2023. On the Site Curaleaf Wins Uplisting to Toronto Stock Exchange New York-based Curaleaf Holdings Inc. (CSE: CURA) (OTCQX: CURLF) has won “conditional approval” from Canadian securities regulators to uplist its shares to the Toronto …