Ohio has recently granted its first sales licenses through the Division of Cannabis Control, allowing 98 dispensaries to commence operations for both recreational and medical customers. This development follows a majority vote in favor of recreational sales in November, permitting individuals aged 21 and above in Ohio to possess specified quantities of cannabis products.
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In other industry news:
1. A notable retail-focused enterprise has successfully closed a $15 million subordinated debt facility.
2. A leading provider of branded cannabis products has reported consistent improvement in profitability with its Q2 2024 financial results.
3. A well-known medical cannabis company has observed a 13% increase in its medical cannabis segment but a 10% decrease in consumer cannabis.
Top Cannabis Stocks from August 2 to August 8, 2024:
1. T.TLRY | 8,366 views | Tilray Brands Inc.
2. T.WEED | 4,385 views | Canopy Growth Corp.
3. T.CURA | 2,892 views | Curaleaf Holdings Inc.
4. T.LABS | 2,628 views | Medipharm Labs Corp.
5. T.DN | 912 views | Delta 9 Cannabis Inc.
6. V.LFST | 741 views | Nextleaf Solutions Ltd.
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