Business

Marijuana lounges and cannabis-friendly yoga studios could become reality in Massachusetts under new rules unveiled last week by state regulators. The Cannabis Control Commission presented three new license types that could take effect by…

Relmada Therapeutics Inc. (Nasdaq: RLMD) will halt its Phase 3 studies of depression treatment REL-1017 following a data monitoring committee evaluation, sending the company searching for strategic alternatives. The late-stage biotechnology…

Washington state-based Green Rebates – which has a business model focused on locating energy rebates for cannabis growers – finalized the acquisition of competitor Seinergy this month, in a deal that “will create the largest dedicated…

Snoop Dogg launched a new direct-to-consumer cannabis lifestyle marketplace with the expansion of his Smoke Weed Every Day (S.W.E.D.) with the e-commerce site, SWED.com. The online store will feature a curated selection of authentic Snoop…

The Daily Hit is a recap of the top financial news stories for Thursday, December 5, 2024. On the Site Marijuana companies face skeptical appeals court in commerce challenge A crew of cannabis operators seeking to limit federal oversight of…

Texas Lieutenant Governor Dan Patrick officially announced legislation this week that would prohibit the sale of all consumable tetrahydrocannabinol (THC) products in the state, according to a statement from his office. Senate Bill 3, to be…

The Journal of American Medical Association (JAMA) published a report this week noting the increase in diversions of the drug ketamine. The report was authored by Joseph J. Palamar, PhD, Caroline Rutherford, MS and Katherine M. Keyes, PhD. …

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) is buying Motif Labs Ltd. in a deal valued at C$90 million consisting of C$50 million in cash and C$40 million of Organigram common shares priced at C$2.3210 on the Toronto Stock Exchange.…

This story was republished with permission from Crain’s Cleveland Business and written by Daniel Shingler. Cuyahoga Falls is about to get a large marijuana facility that is expected to supply product to medical and recreational dispensaries…

The cannabis industry’s pre-Thanksgiving shopping spree hit record levels this year, though consumer reaction varied by state. Called Green Wednesday by the industry, dispensaries typically see a surge in sales ahead of what can sometimes…