New Jersey Gov. Phil Murphy on Friday appointed medical business executive Amelia Mapp, the wife of Plainfield Mayor Adrian Mapp, to replace an outgoing member of the state Cannabis Regulatory Commission. Mapp is taking over for Commissioner Charles Barker, who is departing the agency after serving on the panel since …
Tag: Midwest
Simply Solventless gives investors rosy guidance
Simply Solventless Concentrates Ltd. (SSC) (TSXV: HASH) gave investors some rosy guidance for the company’s third-quarter results. SSC is projecting growth rates of 65% sequentially and 373% year-over-year. The company attributed the growth to its successful brands and the acquisition of CannMart. CEO Jeff Swainson said, “Q3 2024 is shaping …
Cannabis industry report advocates for ‘level playing field’ between hemp and marijuana
A new report by the libertarian nonprofit Reason Foundation blames “arbitrary” business model structures – and their resulting competition – for hemp and marijuana on illogical federal laws that conflate the two plants, which are essentially the same but with differing cannabinoid profiles. “The proliferation of intoxicating hemp-derivative products like …
Bright Green shares suspended from trading on Nasdaq
New Mexico-based Bright Green Corp. (Nasdaq: BGXX) had its shares halted from trading on the Nasdaq on Friday, the company announced in a press release, following the cancelation of a Sept. 26 appeal hearing regarding its possible delisting. The company, which won an uplisting to the Nasdaq two years ago, …