The Ninth Circuit Court of Appeals is set to hear arguments in August in a closely watched case about whether terminally ill patients have the right to use the psychedelic drug psilocybin under federal and state “right-to-try” laws, Law360 reported. The case, Advanced Integrative Medical Science Institute v. U.S. Drug …
Tag: Investing
Number of the Week: $811 million
$811 million – Value of cannabis capital raises year-to-date Cannabis capital remains challenging to get, and it’s reflected in the amount of raise activity the industry has seen in the first part of 2024. As of the end of May, cannabis companies had raised $811 million, down 22% from the …
Former New York OCM spokesman critiques agency’s turbulent transition
After two years of having to get permission to talk about the inner workings of the New York Office of Cannabis Management, Aaron Ghitelman quit his government post to enter the private world of cannabis public relations. Now the former spokesman for the agency is he’s speaking up about the …
The Daily Hit: June 10, 2024
The Daily Hit is a recap of the top financial news stories for Monday, June 10, 2024. On the Site New York governor names interim leadership for cannabis regulatory agency Gov. Kathy Hochul’s Appointments Office is also launching a nationwide search for a permanent replacement for Chris Alexander. Read more …