The Daily Hit: May 20, 2024
News from: Rhode Island, Agrify, Minnesota, and more.
The Daily Hit is a recap of the top financial news stories for Monday, May 20, 2024.
On the Site
Serial cannabis litigator targets another social equity program, this time in Rhode Island
Jeffrey Jensen has partnered with his wife, Justyna, on the latest lawsuit, which follows the modus operandi of other challenges.
Nature’s Miracle, Agrify call off $6.4M merger deal
For cash-strapped Agrify, the merger had been seen as providing a potential lifeline.
Minnesota expands cannabis social equity program to include all veterans
The changes largely align with recommendations from regulators.
Green Market Report’s 2024 Women in Cannabis Award winners announced in New York
A brief introduction to the exceptional woman honored at the GMR Women in Cannabis Summit in New York City.
2024 GMR Women in Cannabis Summit
The 2024 Women in Cannabis Summit brought together some of the most exceptional women leaders in the industry.
In Other News
CALIFORNIA RECALL: LAX PACKS PREMIUM FLOWER
The California Department of Cannabis Control issued a mandatory recall for multiple LAX PACKS PREMIUM FLOWER products due to the presence of Aspergillus fumigatus and inaccurate labeling that reports more cannabinoid content than the product contains.
WM Technology
WM Technology Inc. (Nasdaq: MAPS) received an expected delinquency notification letter from Nasdaq’s Listing Qualifications Department that indicated the company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the company’s failure to timely file its quarterly report on Form 10-Q for the quarter ended March 31.
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