IGC Pharma Inc. (NYSE: IGC), which was formerly known as India Globalization Capital, announced Wednesday it plans to advance its drug candidate IGC-AD1 into clinical trials as a potential anti-amyloid treatment for Alzheimer’s disease. The move follows recent FDA approvals of anti-amyloid drugs from Eli Lilly and Eisai/Biogen, signaling growing …
Tag: Investing
Whitney Economics slashes U.S. hemp acreage forecast by 82%
Cannabis and hemp business consulting firm Whitney Economics has dramatically reduced its 2030 forecast for U.S. hemp grain and fiber acreage, citing regulatory uncertainties and infrastructural challenges. The firm now projects 1 million acres by 2030, down 82% from its previous estimate. The revision could translate to approximately $3.1 billion …
Number of the Week: 394 million
394 million – How many pre-roll units were sold between January 2023 and June 2024 Cannabis pre-rolls are coming in strong. According to data from Headset, pre-roll products make up the third largest cannabis product category in the U.S. From January 2023 through June 2024, more than 394 million units …
The Daily Hit: September 3, 2024
The Daily Hit is a recap of the top financial news stories for Tuesday, September 3, 2024. On the Site List of New York cannabis retailers delinquent on bills has just two names The policy, which prohibits extending credit to companies on the list, appears to be doing what it …