StaffThe Daily Hit is a recap of the top financial news stories for Monday, December 16, 2024.
On the Site
Kentucky governor defends out-of-state dominance during medical cannabis licensing lottery
Regulators selected 12 retail operators from more than 1,200 applications for the Louisville and Lexington regions.
MJ Freeway hit with $4.2M verdict in Pennsylvania contract dispute
The court sided with a Black-owned IT company that claimed MJ Freeway exploited its minority status to win a state deal.
Massachusetts Revolutionary Clinics goes into receivership owing almost $10 million
Lenders have been trying to help the struggling Rev Clinics for the past two years.
Graft Polymer to buy Awakn Life Sciences in all stock deal
Graft and Awakn share a CEO and had begun collaborating earlier this year.
Agrify completes acquisition of hemp drink brand Señorita
New leadership under GTI CEO Ben Kovler is looking at beverage market expansion across the country.
In Other News
Garden Society Cannabis
Garden Society Cannabis workers voted overwhelmingly to become the first cannabis workers in New Jersey to join Teamsters Local 469. The 40 newest members of the union cook and manufacture cannabis products.
Housing Works Cannabis Co.
Housing Works Cannabis Co. opened its second dispensary today in the NoMad neighborhood of Manhattan. HWCC NoMad is partnering with Housing Works, a legacy NYC-based nonprofit.
