This story was republished with permission from Crain’s Chicago and written by John Pletz. Green Thumb Industries’ courtship of Sam Adams brewer Boston Beer Co. may have as much to do with the Chicago-based cannabis company’s interest U.S. investors as its taste for beer. After reports that Boston Beer might be in talks …
Tag: Investing
Confusion, uncertainty in New York amid fallout from cannabis audit and resignation of key regulator
Even as New York’s nascent legal marijuana market continues to slowly progress, with more dispensaries seeming to open each week, there are still thousands of business licenses hanging in limbo, without any clear idea of when or how things may change for stakeholders. That uncertainty has only worsened in the …
Report: 97% of public comments support cannabis rescheduling
If the public comments are any indication, the Drug Enforcement Administration’s proposal to reschedule cannabis is well on its way to approval. The government agency has only been accepting submissions for two weeks – with nearly seven weeks yet to go – but the agency has received more than 11,000 …
The Daily Hit: June 5, 2024
The Daily Hit is a recap of the top financial news stories for Wednesday, June 5, 2024. On the Site Report: Michigan overtakes California in number of cannabis products sold California is still outselling Michigan on the revenue front, likely due to higher prices in the West Coast state. Read …