The Daily Hit: November 21, 2024
The Daily Hit is a recap of the top financial news stories for Thursday, November 21, 2024.
On the Site
Cannabis stocks up briefly Thursday before plunging on Gaetz withdrawal
The potential appointment of a pro-cannabis attorney general had boosted sentiment among cannabis investors.
Agrify gets $26M lifeline as GTI’s Kovler eyes extraction, hemp biz
Kovler has previously cited the GTI’s interest in Agrify’s extraction division.
Ayurcann terminates SPAC deal, citing regulatory filing failures
Arogo also initiated its own claim that the deal had been terminated, demanding the same $250,000 fee.
Earnings:
In Other News
Kentucky
Kentucky Gov. Andy Beshear announced Thursday that patients can start seeing doctors to get their written certifications for cannabis cards on Dec. 1.
Slang Worldwide
Highline Financial Group LLC has been named as the receiver of the assets, undertakings and property of certain Colorado subsidiaries of Slang Worldwide. The company also received a conditional extension of its waiver and support agreement.
Lifeist Wellness
Lifeist Wellness named Andrea Judge as chief executive officer, effective immediately. Judge has served as CEO of Lifeist’s subsidiary Mikra Cellular Sciences since July.
