Incannex Healthcare Inc. (Nasdaq: IXHL) announced Tuesday it has secured a financing agreement with Arena Investors, LP for up to $60 million, in a bid to advance the company’s clinical-stage drug candidates. The deal includes up to $10 million in secured convertible notes and a $50 million equity line of …
$16.23 – Average price of a package of edibles in California Flower may still be the dominant category for cannabis consumption, but edibles are coming on strong. A key factor may be affordability coupled with accessibility. For example, in California, the average price of a package of edibles is $16.23, …
Real estate remains one of the biggest challenges for cannabis operators. Locations in legal markets are often highly restricted, and many landlords don’t wish to rent to marijuana businesses. But finding the right location is possible – and real estate investment trusts (REITs) have stepped in to help overcome that …
The Daily Hit is a recap of the top financial news stories for Monday, Sept. 9, 2024. On the Site Cannabis trade groups celebrate after Trump endorses marijuana rescheduling In a post on Truth Social, the former president also expressed support for Florida’s amendment 3 and the SAFE Banking Act. …