Budding Bonds: Connecting Cannabis Enthusiasts Through Seed Connector

The Daily Hit: February 22, 2024

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The Daily Strike is a recap of the best economic news tales for Feb. 22, 2024.

On the Web-site

AFC Gamma to spin off business true estate arm

The shift is developed to produce two distinct publicly traded corporations: AFC Gamma, which will continue on its emphasis on the hashish marketplace, and Sunrise Realty Belief, which will concentrate on commercial actual estate in the southern United States. Browse much more listed here.

Headset names top rated ten quickest increasing makes for 2023

In spite of the troubles in the hashish business, like revenue slipping in experienced states and the prolonged drawn-out battle in excess of legislation, info provider Headset has observed the silver lining in a new report published on February 15. Go through extra in this article.

Ascend Wellness to get second grow operation in Massachusetts

Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH) is shopping for its second cultivation license and connected functions in Massachusetts. Ascend did not disclose the cost it paid for the transaction. Examine extra here.

Indivior ideas U.S. move, earnings up 21% to $1.1B

Sublocade maker Indivior PLC (NASDAQ: INDV) (LSE: INDV) introduced designs to probably transfer its major stock listing to the U.S. from the U.K. in 2024, when preserving a secondary listing in its household region. Go through additional listed here.

Lawsuit claims bad actions around Russian-funded cannabis procedure

A lawsuit was submitted towards California businessmen Ari Stiegler and Gabriel Borden for misusing dollars supposed for a hashish procedure. The corporation was named the Genius Fund and $145 million was entirely funded by Alltech Investments Restricted, owned by the now-deceased Russian nationwide Dimitry Bosov. Go through a lot more right here.

In Other News

Mississippi

The Mississippi Condition Division of Well being, through the Mississippi Clinical Hashish Application (MMCP), declared its intent to revoke the license of Immediate Analytics, LLC, a professional medical cannabis screening facility, on Thursday. Read through far more here.

New Hampshire

The Residence gave original acceptance Thursday early morning to its most current cannabis legalization monthly bill, which would limit the number of stores statewide to 15, with a strong procedure of condition oversight. Browse much more here.

Arkansas

Arkansas Attorney Basic Tim Griffin signed off on ballot wording Tuesday for a proposed constitutional modification to broaden access to health care cannabis. Browse far more listed here.

California

Motorists, operations qualified prospects, associates, and funds counters at the Southern California cannabis supply organization Amuse have joined Teamsters Local 630. Study more right here.

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