The U.S. Food and Drug Administration widened its warning about Diamond Shruumz edible products linked to illnesses across multiple states, with a nationwide recall underway. California-based Prophet Premium Blends is recalling all of its mushroom-containing products, including infused cones, chocolate bars, and gummies, the FDA announced Friday. The recall comes …
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New York’s OCM distracted with over 20 lawsuits
If New York cannabis applicants are wondering why the licensing process is slow, they just need to look at the number of lawsuits facing the state’s Office of Cannabis Management. At the recent New York Cannabis Law Conference, Rudick Law Group lawyers Fatima Afia and Lauren Rudick counted at least …
The Daily Hit: June 26, 2024
The Daily Hit is a recap of the top financial news stories for Wednesday, June 26, 2024. On the Site Congressional committee puts cannabis rescheduling on the chopping block The bill keeps the existing rule that prevents the DOJ from interfering with state medical marijuana laws. Read more here. Lawsuit …
Arizona medical cannabis market continues to shrink in the shadow of adult-use
The Arizona recreational cannabis market is now nearly four times the size of the medical marijuana market, as the number of registered patients in the state has dropped by more than two-thirds in less than two years. The latest sales data from the state Department of Revenue included just $97 …