MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) entered into a licensing agreement with Remidose Aerosols to buy exclusive rights for advanced cannabis products including inhalers and sublingual sprays. MediPharm said the deal is an immediate revenue opportunity as current Remidose customers will be serviced through MediPharm starting in August. “These …

Among mainstream industries, public companies will sometimes repurchase shares they issued in the past, ostensibly to increase the value of the remaining shares held by investors, but it’s a move that’s been utilized sparingly in the cannabis space. However, some industry observers think that might change. Viridian Capital Advisors questioned …

The Daily Hit is a recap of the top financial news stories for Wednesday, June 19, 2024. On the Site Massachusetts inspector general: State needs receiver to run cannabis regulatory agency The state’s inspector general found that the commission had been slipping further into dysfunction over the past two years. …

The Massachusetts Cannabis Control Commission is in such bad shape that lawmakers need to appoint a receiver to take the reins at the regulatory agency, the state inspector general wrote in a letter this week. Massachusetts Inspector General Jeffrey Shapiro called the commission “rudderless” in a press release announcing his …