Canadian cannabis processing firm Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) reported a net loss of C$1 million for its second fiscal quarter, which ended March 31, despite growing revenue year-over-year by 57% to C$4.6 million. The British Columbia-based company blamed the loss on “a non-cash charge related to a …

The Daily Hit is a recap of the top financial news stories for Tuesday, May 28, 2024. On the Site Top New York cannabis regulator resigns following rift with governor The OCM executive director was supposed to remain on the job until Sept. 1, and it’s not clear now who …

Although the New Hampshire state Senate last week approved a bill to legalize marijuana – a first for the state’s upper chamber – it doesn’t appear likely to be signed into law, given opposition from both the governor’s office and the state House of Representatives. For the measure to succeed, …

The Alaska legislature passed a bill to establish a task force that will help prepare the state for potential federal legalization of psychedelic therapies, officials said. The task force won’t take a stance on whether psychedelic treatments are beneficial, said Rep. Jennie Armstrong, an Anchorage Democrat who introduced the House …