News from: Humboldt County, Hawaii, Grown Rogue, and more.
The Daily Hit is a recap of the top financial news stories for Thursday, April 25, 2024.
On the Site
Humboldt County officials report on ‘overall decline’ of local cannabis industry
The decline in cultivation applications is a sign that many have lost interest in the legal market altogether.
Hawaii Senate kills bill to decriminalize cannabis possession
The legislature put a plug on any more immediate actions on cannabis.
Grown Rogue grows ownership of Michigan’s Golden Harvests
Grown Rogue sees a lot of promise in Michigan, the second largest market in the U.S.
Core brands drive record growth for Indiva Limited in 2023
The firm’s core business operations are becoming more profitable despite an expected seasonal dip coming up.
In Other News
Cannabis rescheduling
A coalition of Democrats called on the Drug Enforcement Administration to quickly remove marijuana from Schedule I of the Controlled Substances Act, signaling impatience over the agency’s ongoing review of cannabis’s designation.
DIZPOT
Cannabis packaging and logistics company DIZPOT is making a strategic expansion in Minnesota as the Midwestern state works toward launching its adult-use market.
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The post The Daily Hit: April 25, 2024 appeared first on Green Market Report.”}]] Read More