News from: Nebraska, Epidiolex, Kansas, Detroit and more.
The Daily Hit is a recap of the top financial news stories for Monday, December 9, 2024.
On the Site
Last-gasp challenge to Nebraska cannabis law fails, appeal still possible
The ruling found challengers couldn’t prove enough signatures were invalid to overturn the initiatives.
Epidiolex delivers positive results for a third rare condition called TSC
Epidiolex is showing positive results for treating TSC, adding to its success with addressing Dravat Syndrome and Lennox Gastaut seizures.
Detroit operators could see licenses invalidated even though stores are open
The decision in a lawsuit centered on licenses in Royal Oak lawsuit found that the Open Meetings Act was violated.
Report: Kansans registering as medical marijuana patients in Missouri
Kansas’ governor is a vocal supporter of medical cannabis, but the legislature is controlled by Republicans, who stand in opposition.
Arizona cannabis sales tick up in October, but still down year-over-year
Full-year sales for 2024 are expected to be down from 2023.
Green Rebates finalizes acquisition of competitor
Combined, the two companies have procured $135 million in energy rebates for marijuana growers across the U.S.
In Other News
Ohio
A long-stalled overhaul of Ohio’s relatively young recreational marijuana program might see new life next year, as outgoing Senate President Matt Huffman (R-Lima) prepares for his likely speakership in the House.
Texas
Texas State Rep. Jessica González filed House Bill 1208 for the upcoming legislative session. The bill would allow adults 21 and older to use, possess and transport up to 2.5 ounces of marijuana for personal use.
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