News from: Tilray Brands, Arkansas, IM Cannabis and more.
The Daily Hit is a recap of the top financial news stories for Wednesday, October 2, 2024.
On the Site
Judge clears Tilray execs of wrongdoing, dismisses investor lawsuit
The lawsuit centered on allegations of fraud related to Tilray’s 2019 deal with Authentic Brands.
Arkansas cannabis campaign sues state over ballot measure rejection
The secretary of state deemed that only 88,000 of the submitted signatures were valid, short of the required 90,000.
Top House Democrats call on DEA for ‘swift action’ on cannabis rescheduling
Despite growing support at the federal level, the process likely won’t be completed until at least 2025.
IM Cannabis says sales in Germany up 50%
Germany continues to grow in importance to IM Cannabis’ sales.
PharmAla Biotech to supply MDMA for Harvard med school clinical trial
The Harvard contract comes as the prestigious university renews its focus on psychedelic research.
In Other News
LEEF Brands
LEEF Brands (CSE: LEEF) (OTC: LEEEF) completed its phase 1 construction and local permitting at Salisbury Canyon Ranch in Santa Barbara County with a 187-acre Land Use Permit and business license for Cannabis cultivation. The first crop from the operation is expected in 2025.
Justera Health Ltd.
Justera Health Ltd. (CSE: VTAL) (OTC PINK:SCRSF) signed a definitive agreement to acquire 100% of the issued and outstanding share capital of Port NorthExtracts Inc., a solventless cannabis brand.
[[{“value”:”News from: Tilray Brands, Arkansas, IM Cannabis and more.
The post The Daily Hit: October 2, 2024 appeared first on Green Market Report.”}]] Read More