Florida’s major cannabis multistate operators have seemingly abandoned the production of CBD and low-THC products which are often favored by patients seeking therapeutic benefits without the psychoactive effects. DocMJ has compiled a full report using the Florida Office of Medical Marijuana Use’s weekly data, which can be found here, to …
Tag: Investing
The Daily Hit: October 28, 2024
The Daily Hit is a recap of the top financial news stories for Monday, October 28, 2024. On the Site StateHouse receiver says cannabis receiverships on the rise A principal at Receivership Specialists, which was tapped by a court to oversee the distressed StateHouse Holdings, said demand for marijuana receivership …
Decibel Cannabis acquires AgMedica, plans private placement
Canadian licensed producer Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) said Monday that it acquired AgMedica Bioscience Ltd. for a C$6.3 million unsecured convertible debenture. The transaction adds AgMedica’s EU GMP and IMC-GAP certified annual flower production capacity of 5.1 metric tons per annum, bringing Decibel’s total exportable flower …
New York bans some cannabis and caffeine combo products, but not all
New York marijuana regulators over the summer quietly banned caffeine-infused cannabis pills, with a notice to marijuana company Hudson Cannabis and its brand 1906, which until recently sold a pair of product lines that mixed the two popular chemicals. According to the New York Post, the state Office of Cannabis …