It’s time for your Daily Hit of cannabis financial news for June 10th, 2021.
On the Site
Executive Spotlight: Meg Sanders
Canna Provisions CEO Meg Sanders is a powerhouse and a connector of people and talents. She took $5mil+ business and turned it into a thriving and growing $100mil+ company in US cannabis. Canna Provisions’ home base is Lee, MA – a small Berkshires rural town. Next on her deck is finding thoughtful new investors that support the vision of what Canna Provisions has successfully built.
Terra Tech Announces Pending Acquisition of SilverStreak
Terra Tech Corp. (OTCQX:TRTC) announced their plan to acquire SilverStreak Solutions Inc. The two companies have executed an agreement for the acquisition to take place. The close is expected to occur within 90 to 120 days. After the close, SilverStreak’s CEO, Sterling Harlan, is expected to consult with the company for a period of six months.
In Other News
Washington Cannabis Stores Taking Part in “Joints for Jabs”
Washington cannabis retailers are now able to partake in a program encouraging people to get vaccinated against the coronavirus. Anyone over 21 who gets a shot at an on-site vaccine clinic will get a free pre-rolled joint. Breweries have been offering a similar incentive program.
Ohio Adds Three Conditions to The List of Approved Conditions
The Ohio State Medical Board added three approved conditions for people to seek medical marijuana in the state:
- Huntington’s disease.
- Terminal illness.
The board rejected additional conditions, including: autism spectrum disorder, restless leg disorder, panic disorder with agoraphobia, and spasms.