While it’s often believed that letting cannabis stores open in a neighborhood will drive down property values, a new report from real estate company Tomo says not so fast. Instead, Tomo found that, on average, if a dispensary opens in your area, you’re likely to see an additional $4,400 increase …

The Daily Hit is a recap of the top financial news stories for Wednesday, June 12, 2024. On the Site Colorado has worst April cannabis sales month since 2016 The year-over-year sales decline came despite high hopes for 4/20. Read more here. Blüm wins eviction lawsuit against People’s California Unrivaled …

IntelGenx Corp. (OTCQB: IGXT) (TSX: IGX) was granted protection under the Companies Creditors Arrangement Act, which is the Canadian version of bankruptcy. The company told investors that on May 27, the court granted an order that approved a sale and investment solicitation process for its assets. The court also approved …

Massachusetts state lawmakers this week said they’re not likely to deal with intoxicating hemp goods during this year’s legislative session, meaning the issue won’t change, from a legal perspective, at least until lawmakers reconvene in Boston next year. After a hearing this week of the legislature’s Joint Committees on Agriculture …