Blue Whale Enterprises Inc., which operates a dispensary under the Cookies brand name in New Mexico, agreed to pay $350,000 in fees to settle allegations of multiple violations during its grand opening event last year, according to a settlement agreement released by regulators. The New Mexico Cannabis Control Division alleged …
Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) reported total revenue for its fiscal third quarter, which ended May 31, increased 27.6% to C$26.2 million versus C$20.6 million in the 2023 third quarter. The company attributed the increase to its entrance into new provinces in Canada, as well as the launch …
It’s been a minute since the market has seen a medical cannabis company go public via a SPAC. Phytanix Bio, a pharmaceutical company dedicated to the development of therapeutics based on cannabinoid and cannabinoid-like molecules is going public through a Special Purpose Acquisition Corp. called Chain Bridge I (Nasdaq: CBRG). …
The Daily Hit is a recap of the top financial news stories for Monday, July 22, 2024. On the Site The DEA marijuana rescheduling comment period is over. What’s next? Monday marks the last date on which the U.S. Drug Enforcement Administration was accepting comments from members of the public …