StaffThe Daily Hit is a recap of the top financial news stories for Monday, August 26, 2024.
On the Site
DEA grants administrative hearing, delays cannabis rescheduling until after election
The agency said it received “numerous requests” for such a hearing.
New Missouri cannabis packaging deadline set for Sunday
Regulators said that many companies waited until the last minute to submit new designs for approval.
Missouri unbans hemp products
The governor accused the secretary of state of retribution for backing a political opponent.
Oklahoma cannabis industry stakeholders cry foul over licensing renewal ‘backlog’
The agency disputed claims that there was a widespread backlog of renewal approvals.
New York state cannabis task force wraps up, city’s crackdown to continue
The state task force padlocked a total of 345 stores following 789 inspections during its three-month tenure.
Arkansas medical cannabis sales down despite volume uptick
The volume of medical cannabis sold has stayed above the 6,000-pound mark for at least the past three months.
In Other News
Alabama
Alabama’s Medical Cannabis Commission won a partial court victory Friday, even as an attorney who helped author the Alabama Administrative Procedures Act is accusing the commission of violating the law that’s been on the books since 1981.
Wana Brands
Cannabis edibles maker Wana Brands launched Wanderous a direct-to-consumer marketplace for hemp-derived THC and CBD products.
