The Daily Hit is a recap of the top financial news stories for Thursday, August 15, 2024. On the Site New York ruling could threaten crackdown on unlicensed marijuana sales A court ruled that a convenience store in Queens would be allowed to reopen due to improper delivery of a …
Despite the 5% THC cap on medical marijuana products in Georgia, the state program has reportedly been gaining steam with the local population, with residents signing up at a rate of about 1,000 per month. The program now boasts 21,368 registered medical cannabis patients in the state, along with 1,542 …
California-based Lykos Therapeutics announced a reorganization plan in the wake of the federal government’s rejection of its application for its MDMA-based drug designed to treat post-traumatic stress disorder. But the company promised stakeholders that the company is not giving up. Under the reorganization plan, Johnson & Johnson veteran executive Dr. …
New York-based biotech firm Bright Minds Biosciences Inc. (Nasdaq: DRUG) filed its fiscal third quarter earnings on Wednesday, reporting net income of C$413,843 for the period that ended June 30, a dramatic year-over-year turnaround from the C$1.4 loss for its third quarter in 2023. Losses for the fiscal year-to-date came …