Tag: Investing
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Illinois sales fall again in February
Illinois marijuana sales took a 7% month-over-month dip in February, falling to $150.3 million from January’s tally of $161.7 million, according to statistics from the state Cannabis Regulation Oversight Officer. Recreational sales – the lion’s share of the market – pulled in $130.6 million for the month, down from $140.2 …
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HOPE Therapeutics to buy clinic company Dura Medical
HOPE Therapeutics, an interventional psychiatry network wholly owned by NRx Pharmaceuticals (Nasdaq: NRXP), today announced it was buying Dura Medical per the previously announced non-binding letter of intent. Financial terms of the transaction were not disclosed. Dura Medical Founder Stephen Durand will be named director of Florida clinic operations. Hope stressed …
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Pennsylvania’s medical market fears a state-store model for adult-use
It’s no secret that Pennsylvania Gov. Josh Shapiro wants his state to legalize adult-use cannabis, after the medical marijuana industry has already put up big sales numbers. The state reported $1.7 billion in MMJ sales for 2024 and $7 billion since the program was initiated in 2020, according to the… …