This story was republished with permission from Crain’s Cleveland Business and written by Daniel Shingler. Cuyahoga Falls is about to get a large marijuana facility that is expected to supply product to medical and recreational dispensaries across the state. Klutch Cannabis is working on construction at 1972 Akron-Peninsula Road, converting a… …
Tag: Investing
Texas Lt. Gov. comes after hemp-derived THC products
Texas Lieutenant Governor Dan Patrick officially announced legislation this week that would prohibit the sale of all consumable tetrahydrocannabinol (THC) products in the state, according to a statement from his office. Senate Bill 3, to be sponsored by Senator Charles Perry (R-Lubbock), aims to close what Patrick described as a …
Green Wednesday sales surge even as state markets show sharp divides
The cannabis industry’s pre-Thanksgiving shopping spree hit record levels this year, though consumer reaction varied by state. Called Green Wednesday by the industry, dispensaries typically see a surge in sales ahead of what can sometimes be a tense family holiday. This year was no different. Total sales soared 68% versus …
The Daily Hit: December 5, 2024
The Daily Hit is a recap of the top financial news stories for Thursday, December 5, 2024. On the Site Marijuana companies face skeptical appeals court in commerce challenge A crew of cannabis operators seeking to limit federal oversight of state-licensed marijuana businesses encountered sharp questioning from federal appeals court judges, …