As Schumer Pushes For Marijuana Reform, Here Are 3 Cannabis Stocks With Some Smoking Dividends
The Cannabis ETF (NYSE:THCX) is down roughly 62% year-to-date, as emerging markets have received the biggest brunt of the market downfall since the beginning of the year. Although directly investing in a company that only deals with cannabis-related products...
Why Investors Should Warm Up To Cannabis Investing
Nikolay Ponomarenko The cannabis sector recently set a new low. The New Cannabis Ventures Global Cannabis Stock Index, which was created at a value of 100 at the end of 2012, closed on 9/30 at an all-time low of $11.26. In October, it has lifted 11.5% to 12.55 as of...
Growing pains for the marijuana industry
After years of slow and steady growth, the legal marijuana industry is grappling with a downturn amid surging levels of inflation and the potential for a recession. A number of plant-handling businesses, dispensaries and the tech companies serving them are retrenching...
Sausalito considers lifting cannabis ban to establish city’s first retail pot dispensary
As California’s cities scrambled to open cannabis dispensaries and other operations after marijuana became legalized, one Marin ex-hippie enclave still bans pot businesses — Sausalito. Now Measure K is on the ballot for the Nov. 8 election and residents will be able...
Local cannabis groups target industry connections for everyday New Yorkers
ALBANY — When Musa Zwana first met Devon Brott over a year ago, they were both Capital Region impresarios — the former an event expert and owner of a print business, the latter a marijuana dealer and legalization advocate — excited for the promise of a new cannabis...
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
Western Mass. cannabis shops bring $6M lawsuit against town
Three cannabis dispensaries sued the town of Great Barrington last week for nearly $6 million, accusing local officials of improperly collecting fees from the shops for years.
Applications set to open in May for Stockton city’s commercial cannabis business lottery
Starting May 1, applications for Stockton’s 2024 commercial cannabis business lottery will open, city officials said Friday. The city said they issue permits that are specifically for commercial …
Business Sense | Navigating the cannabis landscape with Dylan Mattole
Together, we can highlight, showcase, and support Humboldt’s rural economic growth,” Dylan Mattole said of the future of the local cannabis industry.
‘Grow your own’ and more: What’s in the 2024 medical marijuana amendment
Two outspoken marijuana advocates who fought a recreational marijuana proposal in 2022 are lending their support to a 2024 amendment. What’s different this time? “They gave me everything I asked for,” …
Customers sue California marijuana company for false advertising. The plaintiffs say the weed wasn’t strong enough.
© Justin Sullivan/Getty Images Prerolled joints are displayed alongside marijuana paraphernalia. Justin Sullivan/Getty Images Two customers are suing a California marijuana company for false advertising. The class action lawsuit claims a range of prerolled joints had...
Opportunities and challenges for banking institutions in the cannabis industry
As voters and legislators across the 50 states move medicinal and recreational marijuana use cases into the mainstream, regulations are constantly evolving to keep up. For lenders and creditors, this presents an expanding field of potential clients in the form of...
Federal bill that would protect banks handling cannabis businesses stalls
ALBANY — Dozens of “equity entrepreneurs” in New York’s and New Jersey’s emerging marijuana markets are urging U.S. Senate Majority Leader Charles E. Schumer to seek passage of a bill that would allow banks to service licensed cannabis...
Cannabis Powerhouse Flora Growth Announces Acquisition Of Franchise Global Health
International cannabis company Flora Growth Corp. announced this week that it has signed a deal to acquire Franchise Global Health Inc., a German-based multi-national operator in the medical cannabis and pharmaceutical industries. The news comes the same week that...
California cannabis companies under fire for THC inflation
(NewsNation) — Two California cannabis companies are being accused of marketing falsely advertised percentages of tetrahydrocannabinol (THC) — the chemical that gives users a high. Filed by Jasper Centeno of Long Beach and Blake Wilson of Fresno against...
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