Marijuana Rescheduling, Stock Market Reactions: Analyst Insights On Who Wins & Possible Trump Election
The anticipated shift of cannabis to Schedule III marks a pivotal moment for U.S. cannabis companies. In a detailed report, senior analyst Pablo Zuanic highlights key benefits of this change, including substantial improvements in cash flow and creditworthiness, influx...
Opinion: These cannabis stocks and ETFs stand to benefit if the Biden administration reforms marijuana laws
“The Drug Enforcement Agency (DEA) is being asked to soften its stance on cannabis.” Cannabis stocks advanced sharply to start the week, after the nation’s leading health agency recommended sweeping changes to federal marijuana laws. Still, it’s up in the air...
Illinois recreational marijuana sales reach new records in 2023, report finds
Adult-use cannabis sales topped $1.6 billion in 2023 according to a report from the Illinois Department of Financial and Professional Regulation — the largest amount since legalization in 2020. Driving the increase last year was the more than 42 million recreational...
Colorado’s attorney general leads call for DEA to reschedule marijuana
A group of a dozen U.S. attorneys general, led by Colorado’s Phil Weiser, are calling on the Drug Enforcement Administration to reschedule cannabis. In a letter sent to the DEA on Friday morning, the attorneys general said they support the U.S. Department of Health...
12 State Attorneys General To DEA: Reschedule Marijuana To ‘Defend Public Safety,’ Cannabis Stocks Jump
In a major development in the ongoing debate over marijuana policy, 12 Democratic state attorneys general have formally requested the Drug Enforcement Administration to move cannabis from Schedule I to Schedule III of the Controlled Substances Act. This...
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.
Nevada cannabis industry leaders cautiously optimistic about DEA’s rescheduling move
Leaders in Nevada’s multimillion-dollar legal cannabis industry are welcoming news that the Biden administration is working to reclassify marijuana as a less dangerous
Pot Stocks Bloom As DEA Proposes Marijuana Reclassification
Did Tilray Brands (NASDAQ:TLRY) have a blockbuster earnings report? Did Aurora Cannabis (NASDAQ:ACB) suddenly launch a new edibles brand? The answer …
Cannabis stocks pull back after rallying on DEA’s plans to reclassify marijuana
Wednesday after a huge rally in the previous session on plans by the Biden administration to reclassify pot as less dangerous under federal law. Canopy Growth Corp. rose 1.1%, while Tilray Brands …
Why Canopy Growth, Tilray, and Cronos Group Stocks Just Cratered
Despite today’s sell-off, Canopy Growth, Tilray Brands, and Cronos Group stocks are still trading higher than they did before the DEA’s announcement. With profits moving higher and full-scale …
Investors Shouldn’t Get Their Hopes Up for Marijuana Legalization in 2024: Here’s Why
Marijuana legalization: It’s the one topic that can revive pot stocks like nothing else. The hopes of the U.S. pot market opening up in the near future can captivate even jaded investors who have lost big on the cannabis industry in recent years. The sheer...
3 Stocks at the Forefront of Medical Marijuana
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Facing pivotal changes, the medical marijuana stocks market, once considered self-reliant, is now recognizing the importance of customer engagement. In an era marked by inflation and price...
Md. lawmakers may revisit issue of drivers smelling of marijuana
Listen to this article ANNAPOLIS — When leaving a meeting at Prince George’s Community College one night, the Rev. Robert L. Screen and his wife were shocked when a car drove past them smelling so strongly of marijuana that they both noticed it even with their windows...
The Flowery, S.I.’s first weed shop, stocks its shelves for January opening: Photos of the inventory
STATEN ISLAND, N.Y. — While its original start date has been pushed back numerous times due to a variety of reasons, the Flowery, Staten Island’s first adult-use marijuana dispensary, has finally stocked its shelves. The Flowery expects to have its soft opening this...
Other View: Marijuana pardons and federal drug laws
From the Dec. 27 edition of The Los Angeles Times: President Biden on Friday demonstrated the proper use of presidential clemency power when he pardoned thousands of people who had been convicted of various nonviolent marijuana violations on federal...
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