224 – Number of stores closed in New York’s crackdown on illicit cannabis sales In just two weeks, the New York Cannabis Enforcement Task Force conducted 329 inspections of stores suspected of selling cannabis without a license. As of May 24, 224 of those stores had been closed. That translates …

The Daily Hit is a recap of the top financial news stories for Monday, June 3, 2024. On the Site Rescheduling, 280E tax reform, and Trulieve: How the cannabis industry could be poised to save billions Although it’s now widely accepted that the ongoing marijuana rescheduling process by the Drug …

The leadership of Canopy Growth Corp. (TSX: WEED) (NASDAQ: CGC) put its foot in its proverbial mouth a bit this week by celebrating its about-to-close ownership of New York-based Acreage Holdings Inc. (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) as part of its plan to get back into the black. Just …

The city of Pittsfield, Massachusetts, agreed to pay $786,625 to settle lawsuits brought by three cannabis retailers over community impact fees. The settlements with Temescal Wellness, Berkshire Roots, and Bloom Brothers were approved by the Pittsfield City Council in a 10-1 vote, according to the Berkshire Eagle. Under the deals, …