Although Ohio voted in favor of legalizing recreational cannabis over two months ago, marijuana sales have yet to commence. This is because there have not been any rules defined regarding the legal sales of the recreational drug. According to Speaker of the Ohio House, Jason Stephens, he is working towards achieving a resolution on this issue in the spring. The Senate President, Matt Huffman, is also optimistic that the groups will reach a resolution on this matter within the next month. Several competing bills have been put forward, with both House Bill 86 and House Bill 354 looking to address the issue.
Baker Hughes (NASDAQ:BKR), an energy technology company, announced Monday several milestones to support the growth of the hydrogen economy, as part of the company's broader strategy in new energy. The milestones were
Virginia's journey toward establishing a regulated cannabis market has taken a significant turn. The Senate Rehabilitation and Social Services Subcommittee on Cannabis approved a Senate Bill that aims to create a regulated marketplace for cannabis.
Spirit Airlines' stock nosedives following JetBlue's failure to meet merger deal terms, with potential termination looming in January 2024. Despite plans to challenge antitrust blockage, Spirit faces a 60% share value drop since the ruling.
Sales of medical cannabis in Ohio reached a new record high in 2023, with $484.4 million worth of products sold, but the growth rate of sales has been in decline, increasing by only 1.2% compared to the previous year.