Court: Alabama marijuana agency’s grievance process ‘inadequate

Court: Alabama marijuana agency’s grievance process ‘inadequate

Alabama’s controversial medical marijuana regulatory agency acted “properly” when it revoked cannabis business permits issued in 2023, an appeals court has ruled. However, the Alabama Court of Civil Appeals’ Friday ruling – which stemmed from a lawsuit brought by some cannabis businesses denied a permit – will affect litigation involving the state’s long-delayed MMJ industry, […]

The Daily Hit: December 17, 2024

The Daily Hit: December 17, 2024

The Daily Hit is a recap of the top financial news stories for Tuesday, December 17, 2024. On the Site STIIIZY faces another suit over marketing to teens, psychosis claims The new challenge adds to its laundry list of lawsuits as scrutiny mounts over youth targeting, illegal dispensaries. Read more here. Massachusetts regulators advance social […]

Alabama cannabis regulators slash business fees by a quarter

Alabama cannabis regulators slash business fees by a quarter

The Alabama Medical Cannabis Commission last week decided to roll back “most cannabis business license fees by 25%,” potentially providing some financial relief to business owners who have been waiting months for the market to launch as legal battles over some permits have continued in court. The commission voted on Thursday to approve the fee […]

The Daily Hit: October 22, 2024

The Daily Hit: December 17, 2024

News from: Alabama, Safe Harbor, Missouri, MIRA Pharmaceuticals and more. The Daily Hit is a recap of the top financial news stories for Tuesday, October 22, 2024. On the Site Alabama judge names mediator to settle medical marijuana license fight The state’s cannabis regulators have been restrained from launching any part of the program until […]

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