The Daily Hit is a recap of the top financial news stories for Tuesday, October 1, 2024. On the Site Riv Capital’s CEO departs ahead of Cansortium merger David Vautrin has been named Riv Capital’s interim CEO. Read more here. DC cannabis coalition files sweeping lawsuit against two dozen illicit …
Tag: Northeast
DC cannabis coalition files sweeping lawsuit against two dozen illicit marijuana operators
A group of licensed marijuana companies in Washington, D.C., have filed a federal lawsuit in a last-ditch attempt to force the court to hold several unlicensed cannabis shops and their landlords to account. The suit, filed in the U.S. District Court for the District of Columbia on Sept. 27, was …
Vermont hits pause on some marijuana permits, including retail
In a bid to avoid oversaturation of the state market, Vermont cannabis regulators this week voted to hit pause on new retail dispensary applications as of Oct. 25. The board made the determination that the 78 stores already open are apparently enough to satisfy demand. The pause will only be …
Move over Starbucks, it’s PSL season in cannabis
Every fall, coffee drinkers eagerly anticipate the pumpkin spice latte (PSL, IYKYK) drop at Starbucks. The limited-time-only flavor is such a huge hit that the company moved up the drop date this year to garner even more sales. It’s a decision that is being watched closely to see if customers …