Continue Reading... Biden Announces ‘Monumental’ Marijuana Rescheduling, DOJ To Take Next Steps
Posted in Marijuana Investments

Biden Announces ‘Monumental’ Marijuana Rescheduling, DOJ To Take Next Steps

Biden announces plan to reclassify marijuana from Schedule I to III, reversing inequities and removing barriers for Americans. Cannabis stocks…

Continue Reading... US unveils proposal to ease restrictions on marijuana
Posted in Marijuana Investments

US unveils proposal to ease restrictions on marijuana

The U.S. Justice Department on Thursday unveiled a historic proposal to ease restrictions on marijuana, a rule that if enacted…

Continue Reading... Cannabis stocks rally as DOJ proposes reclassifying marijuana
Posted in Marijuana Investments

Cannabis stocks rally as DOJ proposes reclassifying marijuana

President Biden has reportedly announced a major step in reclassifying marijuana from a Schedule III to Schedule I drug. Read…

Continue Reading... Biden Says Marijuana Being Reclassified As Schedule III Drug
Posted in Marijuana Investments

Biden Says Marijuana Being Reclassified As Schedule III Drug

Under the proposed move, marijuana will be reclassified from a Schedule I drug, according to the Drug Enforcement Agency—which groups…

Continue Reading... Canadian Marijuana Company Rubicon Organics Reports Flat Revenue, Adjusted EBITDA Loss, Provides Positive Outlook
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Canadian Marijuana Company Rubicon Organics Reports Flat Revenue, Adjusted EBITDA Loss, Provides Positive Outlook

Rubicon Organics Inc. (TSXV:ROMJ) (OTCQX:ROMJF) reported its financial results Wednesday for the first quarter ended March 31, 2024, with revenue…

Continue Reading... Biden administration seeks to reclassify marijuana from Schedule 1 to Schedule III. What this means and its impacts on businesses
Posted in Marijuana Investments

Biden administration seeks to reclassify marijuana from Schedule 1 to Schedule III. What this means and its impacts on businesses

The president’s proposal must be reviewed by the White House Office of Management and Budget before undergoing a public comment…

Continue Reading... EBCI inches toward adult marijuana use
Posted in Marijuana Investments

EBCI inches toward adult marijuana use

Adults may soon be able to purchase marijuana for recreational use from Cherokee’s new dispensary.  At a work session last…

Continue Reading... Jones Soda’s Marijuana Drinks Bring In 200% Higher Q1 Revenue, Co. Eyes Expansion And Praises New Hemp Delta-9 Products
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Jones Soda’s Marijuana Drinks Bring In 200% Higher Q1 Revenue, Co. Eyes Expansion And Praises New Hemp Delta-9 Products

Jones Soda Co. (CSE:JSDA) (OTCQB:JSDA) reported its financial results for the first quarter ending March 31, 2024, revealing revenue improvement…

Continue Reading... Marijuana companies are spending millions in the run up to recreational sales launch
Posted in Marijuana Investments

Marijuana companies are spending millions in the run up to recreational sales launch

Medical marijuana sales began in Ohio in January 2019. Since then, and through March 25, licensed companies have sold $1.78…

Continue Reading... Why Aurora Cannabis, Tilray Brands, and SNDL Inc. Stocks Lit Up on Tuesday
Posted in Marijuana Investments

Why Aurora Cannabis, Tilray Brands, and SNDL Inc. Stocks Lit Up on Tuesday

Weed stocks lit up in response. As of 2 p.m., Aurora Cannabis (NASDAQ: ACB) shares were up 6%, Tilray Brands…