The Daily Hit is a recap of the top financial news stories for Wednesday, September 18, 2024. On the Site Missouri issues yet another cannabis recall, rolls back hemp ban The state’s Department of Health and Senior Services will focus its efforts on “misbranded” products rather than intoxicating ones. Read …
Tag: Investing
Missouri issues yet another cannabis recall, rolls back hemp ban
Missouri cannabis regulators continued their scrutiny of the industry’s compliance this week with their fifth recall since the adult-use marijuana market launched – this time recalling more than 23,000 goods for improper safety testing – while also announcing that many intoxicating hemp goods will be exempt from a new law …
EU initiative begins bid to open access to psychedelic therapies
A European citizens’ initiative aimed at promoting psychedelic-assisted treatments for mental health disorders has been registered by the European Commission. The initiative, dubbed “PsychedeliCare,” was registered on Sept. 11, according to the European Commission’s official website, in a bid to establish a transnational legal framework around psychedelic therapy in the …
Psyence inks several deals to expand psilocybin research, footprint
Psyence Biomedical Ltd (Nasdaq: PBM) is poised to hit several psilocybin-related “milestones” in coming months, including the acquisition of drug developer Clairvoyant, the launch of research into psilocybin as a treatment for substance use disorders and ongoing clinical trials in Australia for psilocybin in treating adjustment disorder. CEO Dr. Neil …