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Cannabis trade group pushes back on Missouri rules to combat β€˜predatory’ practices

2 months 2 weeks ago
Missouri cannabis regulators and the state’s largest marijuana trade group agree that people should be banned from flooding the license lottery with applicants they recruit who are never intended to have any actual control or profits. It’s a practice the Missouri Division of Cannabis Regulation has called predatory, and efforts to root it out of the state’s microbusiness program have resulted in 41 licenses being revoked or facing possible revocation.Β  β€œWe understand and agree with the…
Rebecca Rivas

Regulator accuses drug middlemen of wild price hikes, possibly steering business to themselves

2 months 2 weeks ago
The Federal Trade Commission on Tuesday released an interim report saying that powerful drug middlemen marked up drugs for cancer, AIDS, multiple sclerosis and other serious maladies far over the going rate β€” as much as a thousand percent over the going rate in 22% of instances. The upcharges provided $7.3 billion in additional revenue between 2017 and 2022 to pharmacies owned by the same companies, the report said. Meanwhile, the middlemen usually paid competitor pharmacies less for dispensing…
Marty Schladen