Even as New York’s nascent legal marijuana market continues to slowly progress, with more dispensaries seeming to open each week, there are still thousands of business licenses hanging in limbo, without any clear idea of when or how things may change for stakeholders. That uncertainty has only worsened in the …

If the public comments are any indication, the Drug Enforcement Administration’s proposal to reschedule cannabis is well on its way to approval. The government agency has only been accepting submissions for two weeks – with nearly seven weeks yet to go – but the agency has received more than 11,000 …

The Daily Hit is a recap of the top financial news stories for Wednesday, June 5, 2024. On the Site Report: Michigan overtakes California in number of cannabis products sold California is still outselling Michigan on the revenue front, likely due to higher prices in the West Coast state. Read …

The king is dead, long live the king. The Golden State of California, home to the famed Emerald Triangle and a global cannabis influencer for decades, is now number two – at least in volume of legal, licensed marijuana products sold in the month of March this year, according to …