The Daily Hit: December 16, 2024
The 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. Read more here. MJ Freeway hit with $4.2M verdict […]
Massachusetts Revolutionary Clinics goes into receivership owing almost $10 million
Massachusetts-based cannabis retailer and cultivator Revolutionary Clinics and its affiliated companies Revolutionary Growers and C D Services of America owe $9.6 million to various lenders and landlords. Last week, the main lender, OPCIV LLC, asked a judge to place the company in receivership. The lender said in its complaint that C D Services told the company […]