The Drug Enforcement Administration’s (DEA) administrative law tribunal’s preliminary hearing gets underway today on the U.S. Department of Justice’s proposal to reschedule cannabis. It starts under a cloud of allegations regarding the agency’s bias towards anti-cannabis factions. Chief Administrative Law Judge John Mulrooney II of the DEA is leading the …
Even though a measure to legalize adult-use cannabis in Florida failed, Planet 13 Holdings (CSE: PLTH) (OTCQX: PLNH) is pushing ahead with expansion plans states. And the competition is expected to heat up after state regulators continue to fill the licensing pool. The Florida Department of Health issued intent-to-approve letters …
The Daily Hit is a recap of the top financial news stories for Wednesday, November 27, 2024. On the Site Nebraska state judge tosses legal challenge to medical marijuana ballot measures While state officials are likely to appeal, the decision lets activists and supporters begin moving forward on the market. …
Greenway Greenhouse Cannabis Corp. (CSE: GWAY) reported a 52% year-over-year increase in second quarter revenue, though production challenges led to higher costs and a wider net loss. The Ontario-based cannabis cultivator generated net revenue of C$1.8 million in its second quarter ending Sept. 30, up from C$1.2 million in the …