Continue Reading... Are ASX Cannabis Stocks a Long-Term Investment or a Speculative Trade?
Posted in Cannabis Stocks

Are ASX Cannabis Stocks a Long-Term Investment or a Speculative Trade?

The Australian cannabis industry has followed a turbulent trajectory over the past decade. Initially promoted as a breakthrough growth opportunity,…

Continue Reading... $2.5 Million Rift Pits Cannabis Pioneer Against Group That Backed Her
Posted in Cannabis Buisness

$2.5 Million Rift Pits Cannabis Pioneer Against Group That Backed Her

A dispute between the nonprofit Housing Works and the owner of a cannabis dispensary shows the risks for businesses in…

Continue Reading... North Haven man accused of embezzling $1M through false cannabis business venture
Posted in Cannabis Buisness

North Haven man accused of embezzling $1M through false cannabis business venture

A North Haven man has been arrested for his alleged involvement in the embezzlement of about $1.1 million. According to…

Continue Reading... Baker grain elevator cannabis plan rejected by Clay County Commission
Posted in Cannabis Buisness

Baker grain elevator cannabis plan rejected by Clay County Commission

Board members said their decision was rooted in existing zoning rules and the feedback they received from neighbors, rather than…

Continue Reading... Michigan finalizing how to collect 24% marijuana tax as bipartisan senators seek repeal
Posted in Cannabis Buisness

Michigan finalizing how to collect 24% marijuana tax as bipartisan senators seek repeal

It’s been more than 60 days since a 24% wholesale tax on marijuana went into effect in Michigan, but state…

Continue Reading... L.A. cannabis businesses owe $400 million. The city may get only $30 million
Posted in Cannabis Buisness

L.A. cannabis businesses owe $400 million. The city may get only $30 million

Based on a projection that about half of eligible cannabis businesses would take part in the program, the city would…

Continue Reading... Michigan lawmakers seek to repeal 24% cannabis wholesale tax as sales slump, businesses close
Posted in Cannabis Buisness

Michigan lawmakers seek to repeal 24% cannabis wholesale tax as sales slump, businesses close

A bipartisan group of state senators is trying to repeal Michigan’s controversial 24% wholesale marijuana tax, arguing the new levy…

Continue Reading... Council considers amnesty for 500+ LA cannabis businesses with $400 million in unpaid taxes
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Council considers amnesty for 500+ LA cannabis businesses with $400 million in unpaid taxes

The city aims to collect $30 million in the next 12 months, and at least one marijuana business owner says…

Continue Reading... Is Canopy Growth Stock Going to $0?
Posted in Cannabis Stocks

Is Canopy Growth Stock Going to $0?

Selling cannabis is illegal at the federal level in the U.S., but it is legal in Canada, which is why…

Continue Reading... Canaccord Initiates Aurora Cannabis Inc. (ACB) With C$10 Price Target
Posted in Cannabis Stocks

Canaccord Initiates Aurora Cannabis Inc. (ACB) With C$10 Price Target

Aurora Cannabis Inc. (NASDAQ:ACB) is among the 11 Best Pot Stocks to Buy According to Hedge Funds. On February 17,…