Cannabis stocks rally after DOJ proposal to reclassify marijuana
Cannabis stocks including Tilray , Curaleaf , and the AdvisorShares Pure US Cannabis ETF rallied on Thursday after the U.S. Department of Justice unveiled a historic proposal to ease restrictions on …
Cannabis stocks pop after Biden moves to reclassify marijuana
The Biden Administration is taking the next step to reclassify marijuana as a less dangerous drug under federal law, the Justice Department said in a statement on Thursday. That move prompted cannabis …
Pot Stocks Surge as Biden ‘Reschedules’ Marijuana
A change in classification is moving closer to reality. Multistate weed sellers would be the immediate beneficiaries.
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 rise.
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 would also enable more research on its medicinal benefits.
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.
Only One In Four Marijuana Businesses Are Profitable, Yet Optimism Prevails Amid Rescheduling Push, Industry Survey Finds
Just one in four marijuana businesses are profitable, according to a new survey. Yet optimism about the future of their enterprises has increased on the heels of the Biden administration’s push to …
Embattled Skymint founder’s ex-wife enters the marijuana market
A related lawsuit filed by New York-based cannabis investment firm Merida Capital Holdings … said most companies target $450 of production costs per pound of marijuana to be profitable. This led …
Marijuana Rescheduling Could Create A Safety ‘Blind Spot’ In Drug Testing For Airline Pilots And Truck Drivers, Says Gov Agency
Marijuana rescheduling could have significant implications for truckers, commercial drivers, pilots and other federally regulated transit workers in safety-sensitive positions. That’s according to the …
Eichler profile omits marijuana business connection
Kelly Eichler, former Sanders staffer and current chair of the University of Arkansas Board of Trustees, is an owner of Good Day Farm Arkansas.
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 week, the Eastern Band of Cherokee Indian’s Tribal Council discussed several …
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 of 39% year-over-year reaching $5 million, from $3.9 …
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 billion in cannabis flower and manufactured products. That includes $484.4 …
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 (NASDAQ: TLRY) was up 6.8%, and SNDL Inc. (NASDAQ: SNDL) was doing best of all, scoring a …
Why Florida medical marijuana companies are pushing so hard for recreational pot
As legal marijuana dispensaries hope Floridians vote in November to allow recreational weed, they face a troubling trend: Right now, their flow of new customers is drying up.
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