On Wednesday, the Massachusetts Cannabis Control Commission gave unanimous approval to a new set of marijuana industry rules aimed at further expanding the trade across the state. Specifically, the new rules touch on protocols for home marijuana delivery, product transportation for testing purposes, expanding microbusiness and craft cooperatives, and increasing …
Tag: Investing
DEA begins picking witnesses for December cannabis hearing
The Drug Enforcement Administration is preparing for its Dec. 2 hearing on cannabis rescheduling by starting the process of picking witnesses to speak. The federal agency notified a number of parties that they have been approved to testify at the hearing, according to a report in Marijuana Moment. The National …
New executive director named to Massachusetts Cannabis Control Commission
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 …
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, …