Month: April 2025
Massachusetts marijuana businesses set sales record over Patriots’ Day weekend
Marijuana business sales in Massachusetts skyrocketed over the Patriots’ Day long weekend, which included the annual 4/20 cannabis holiday.
Federal Rescheduling of Cannabis: What Does a Potential Change Mean?
The DEA’s potential rescheduling of cannabis to a Schedule III drug could ease restrictions, boosting research and offering tax benefits…
Why Curaleaf Holdings Stock Rocketed Almost 20% Higher Today
Wednesday was one of the rare good days for the beleaguered marijuana industry, with stocks in the sector experiencing significant…
Cannabis Stocks Bounce Higher in April
Cannabis stocks, as measured by the Global Cannabis Stock Index, were quite volatile in 2024. The index dropped 7.5% in…
Is Aurora Cannabis Inc. (ACB) Among the Best Tobacco and Cigarette Stocks to Buy Now?
We recently compiled a list of the 10 Best Tobacco and Cigarette Stocks to Buy Now. In this article, we…
SEC Says Trio Hid Control of Pot Stock During $21 Million Gain
Corporate insiders wrongly earned $21 million off a securities fraud scheme using the convertible debt of cannabis company American Green…
Top cannabis companies lost $2B last year amid industry slide
No other public cannabis company has a record anywhere close; most of them, by contrast, have lost tens if not…
Chicago’s top cannabis companies lost millions amid industry slide
Overall, the 18 leading publicly traded cannabis companies in the U.S. lost a collective $2 billion last year, Crain’s analysis…
State’s top cannabis companies lost millions in 2024 amidst industry slide
Ascend Wellness Inc., which has a footprint in seven states, lost $84.9 million against $561.5 million in revenues, while iAnthus…
Portland cannabis businesses argue federal law preempts Oregon pot labor law, Measure 119
The National Labor Relations Act now regulates interactions between employees and employers, but Measure 119 gives two unions “outsized economic…
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