The Florida Department of Health issued intent-to-approve letters to 22 operators on Tuesday, the the first expansion of the state’s cannabis market since 2017. Recipients of the letters included several established out-of-state brands, including California-based STIIIZY, Ohio’s KLUTCH Cannabis and even Colorado pioneers Star Buds. The expansion, combined with five …
Tag: Investing
The sweet smell of Soft Power Sweets’ success
When New York’s adult-use cannabis program launched, there was a fear of California brands would flood the market. But homegrown New York Brands, like Soft Power Sweets, have stepped up to take the state by storm. Soft Power Sweets, an infused chocolate company out of New Paltz, is already in …
What to expect from next week’s cannabis rescheduling hearing
The Drug Enforcement Administration on Tuesday announced it still intends to hold a hearing next week regarding the proposed rescheduling of marijuana, despite plans to not hear any actual testimony or substantive discussion on the historic policy change. The hearing, slated to begin on Dec. 2 at 9:30 a.m. Eastern …
The Daily Hit: November 26, 2024
The Daily Hit is a recap of the top financial news stories for Tuesday, November 26, 2024. On the Site Canopy Growth names Luc Mongeau as its next CEO Mongeau is a current board member and CPG veteran. Read more here. Scotts Miracle-Gro shakes up C-suite, takes hit on cannabis …