The Massachusetts Cannabis Control Commission named David Lakeman, a former commission staffer who’s been working as a cannabis regulator in Illinois the past four years, to be its new executive director during a meeting on Monday, after a months-long search that kicked off in May. Lakeman will take over for …
Tag: Investing
Tryptamine Therapeutics raises A$6M to advance psychedelic pipeline
Australian biotech firm Tryptamine Therapeutics Limited (ASX: TYP) secured A$6 million in new funding through a strategic placement. The placement, priced at A$0.02 per share, was backed by cornerstone investors that included Merchant Biotech Fund and biotech investor Daniel Tillett, who will join the company’s board as a non-executive director, …
Florida’s medical cannabis operators split on rollout timeline if Amendment 3 succeeds
With early voting well underway in Florida, the fate of the state’s Amendment 3, which would usher in recreational cannabis sales for adults 21 and older, is being decided. But questions linger about the measure’s timeline and how Gov. Ron DeSantis’ administration will approach what could become the nation’s third-largest …
The Daily Hit: October 29, 2024
The Daily Hit is a recap of the top financial news stories for Tuesday, October 29, 2024. On the Site New York judge rules city’s cannabis crackdown unconstitutional The ruling only directly affects one business forced to close under the crackdown, but it will almost certainly lead to additional lawsuits, …