Annual legal marijuana sales at licensed dispensaries in Nevada have steadily decreased each year since the market peaked in 2021 at just over $1 billion, and during the last fiscal year sales totaled ...

The average price for adult-use products fell 21% from September 2023. Michigan’s regulated cannabis industry hit a record sales high in August, but fortunes reversed in September, with a 10% decline ...

Nebraska could be one of the next states to launch a legal medical marijuana market after Secretary of State Bob Evnen and the state’s Elections Division certified that signature requirements have ...

The L.A. Department of Cannabis Regulation told the county Civil Grand Jury that many of its findings were factually inaccurate. The top cannabis regulatory agency in Los Angeles shot back – politely ...

PharmAla Biotech Holdings Inc. (CSE: MDMA) (OTC: MDXXF) showed investors some incoming revenue when the psychedelic drug company released its unaudited third-quarter earnings. PharmAla reported ...

The pharma giant has asked regulators to approve its nasal spray as a standalone treatment for adults with treatment-resistant depression.

The Daily Hit is a recap of the top financial news stories for Tuesday, July 9, 2024.

The privately-owned brand posted decent sales numbers as it situates itself in the New York market. Northeast cannabis brand Fernway posted strong second-quarter results alongside new financing ...

The state reported total cannabis sales for April of just $97 million, the lowest tally since February 2021. The Arizona recreational cannabis market is now nearly four times the size of the medical ...

Former Drug Enforcement Administration leaders and Republican state attorneys general are pushing for public hearings on the Biden administration’s proposal to loosen federal marijuana restrictions, ...

Florida-based Relmada Therapeutics (Nasdaq: RLMD) posted another $21.8 million loss for the first three months of 2024, down both sequentially and year-over-year as the pre-revenue psychedelics firm ...

Core funds from operations rose modestly, as new and amended leases offset the impact of repossessed properties and lease reclassifications.