The Daily Hit: October 8, 2024
News from: Mississippi, New York City, Talaria Transportation, Delivra Health and more.
The Daily Hit is a recap of the top financial news stories for Tuesday, October 8, 2024.
On the Site
Mississippi cannabis ad ban gets its day in federal appeals court
A federal judge dismissed the lawsuit earlier this year, leading to the appeal.
New York City launches new loan program for social equity dispensaries
CAURD licensees can apply for an “unrestricted” low-interest online, but only until Nov. 4.
Arkansas governor appoints temporary judges for cannabis ballot question case
Two justices recused themselves from the case without providing reasons for the moves.
Cannabis industry breathes sigh of relief over East Coast port strike ending
An already vulnerable industry dodged the shipping bullet after the dockworkers union and the shipping lines reached a tentative agreement.
Talaria Transportation acquires Missouri cannabis distributor
Talaria operates in 28 states that have legal cannabis programs.
Cannect Wellness raises $7M, plans expansion in Illinois
Cannect plans to launch new product lines later this year after finding some fresh funds.
Earnings:
In Other News
PharmaCielo Ltd.
PharmaCielo Ltd. will change its financial year end from Dec. 31 to March 31 to better align with the reporting cycle of its peers. The Company’s next financial year will cover the period from April 1, 2024, to March 31, 2025.
Green Check
This quarter, Green Check surpassed $1 billion in monthly cannabis sales deposits for its network of more than 170 financial institutions across the nation, including adding new financial institution clients in nine states.
