Cannabis operators lose big on bets that legalization would pass in Florida
Companies face a financial squeeze after piling into Florida on belief Amendment 3 would pass, and the glut of supply may leave many overextended.
Cannabis stocks plunge after DeSantis, Griffin win Florida fight against weed legalization
Cannabis stocks plunged Wednesday after Florida Gov. Ron DeSantis and billionaire Ken Griffin successfully defeated a marijuana legalization measure on the ballot. Amendment 3 – which would have …
Kentucky’s emerging medicinal cannabis industry offers opportunities for entrepreneurs
Entrepreneurs explore the potential of medical marijuana’s economic impact. Chrystal Kelmanson, founder of BlueGrass CannaMed, is a nurse practitioner with a background in cardiology. In the nearly 10 …
Cannabis business ballot issue passes across the state
Counties and cities across the state included the question of allowing cannabis business operations on Election Day ballots.
What does a Trump win mean for the U.S. cannabis industry?
Cannabis industry executives expressed hope that the incoming president will hold to a campaign pledge of supporting rescheduling, the SAFE Banking Act, and other marijuana reforms.
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.
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 to cannabis businesses.
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 lifts. One weedie that saw quite the price gain on the day was …
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 hundreds of millions of dollars. New York City-based multistate operator Ascend Wellness …
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 shows.
Cannabis stocks wilt as Florida legalization fails
It’s the latest blow for weed companies that have been hoping for good news as federal rescheduling has lagged.
New York Accepting Cannabis Business Applications for Adult-Use Processor Type 3 Branding Licenses
The Adult-Use Processor Type 3 Branding license (Brand License) authorizes the license holder to market their brand(s) in New York State’s …
Marijuana Was Unpopular in the 2024 Elections. Only 1 State Voted to Relax Restrictions
In addition to four states that put marijuana on the ballot in 2024, Massachusetts sought to legalize certain types of psychedelics Brenton Blanchet is a writer-reporter at PEOPLE. He has been …
Aurora Cannabis Reports Strong Q2 Growth Driven By International Medical Marijuana Sales
Canadian medical marijuana giant Aurora Cannabis Inc. (NASDAQ:ACB) (TSX:ACB) reported its financial results Wednesday for the second quarter of fiscal 2025, showing revenue of CA$81.1 million ($58.3 …
Aurora Cannabis 2Q Profit Rises
Aurora Cannabis’ profit rose in its fiscal second quarter thanks to a strong performance from its medical cannabis unit.
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