$366 – Average cannabis retail sales per resident in Alaska Alaska may have a small population, and its total cannabis retail sales for the 12 months that ended in June might seem small, but the state leads the nation in sales per resident at $366 for that period. The second-place …
Earlier this year, Irwin Naturals Inc. (OTC: IWINF) appeared to wear out its welcome as a client of East West Bank (EWB). Now, the supplements company has filed for Chapter 11 bankruptcy. Green Market Report reported in July that Irwin Naturals quit making payments on the $40 million loan provided …
The Daily Hit is a recap of the top financial news stories for Monday, August 12, 2024. On the Site Leadership exodus at Massachusetts Cannabis Control Commission Two directors left their posts in recent days, though no information on why or exactly when was available. Read more here. California judge …
The U.S. Food and Drug Administration’s decision to reject MDMA-assisted therapy for post-traumatic stress disorder sent ripples through the psychedelic industry. The FDA issued a complete response letter to Lykos Therapeutics on Friday for its new drug application for midomafetamine capsules, an MDMA-assisted therapy for PTSD in adults. The agency …