Montana cannabis Archives

StaffSeptember 27, 2023

The Daily Hit is a recap of the top financial news stories for Sept. 27, 2023. On the Site SAFER Banking Act Approved by Senate Committee A revamped version of the SAFE Banking Act – now known as the SAFER Banking Act – sailed out of a Senate committee on Wednesday with a 14-9 vote. […]

Adam JacksonSeptember 27, 2023

Some believe the testing volume hasn't matched the sales numbers.

StaffSeptember 21, 2023

The Daily Hit is a recap of the top financial news stories for Sept. 21, 2023. On The Site Innovative Industrial Properties Gets Investor Lawsuit Dismissed An investor lawsuit that accused cannabis REIT (real estate investment trust) Innovative Industrial Properties (IIP) (NYSE: IIPR) of knowing about a fraudulent scheme by its tenant Kings Garden was dismissed by a […]

John SchroyerSeptember 21, 2023

Medical and recreational marijuana sales in Montana hit a record high in August of $28.6 million, according to state data, up a notch from July when sales were $28.5 million. Last month, Montana dispensaries sold $4.6 million of medical marijuana and $23.7 million of recreational cannabis, the state Department of Revenue reported. Though overall sales […]

StaffAugust 10, 2023

The Daily Hit is a recap of the top financial news stories for Aug. 10, 2023. On the Site Investor Lawsuits Target Montana Cannabis Business Residency Requirement Two lawsuits seek to overturn Montana’s residency requirement, which mandates that all of its licensed marijuana businesses be majority-owned by in-state locals. The suits were filed in both […]

John SchroyerAugust 10, 2023