Marijuana Industry Pioneer Launches New Company To Push ‘The Boundaries Of What’s Possible In Cannabis And Hemp Extraction’
Marc Beginin launched Prodigy Processing Solutions, a cannabis and hemp extraction equipment company. The launch comes after the high-profile sale of his previous company, Precision Extraction Solutions, to Agrify Corporation AGFY in 2021 for a sum exceeding $50...
MN Will Distribute ‘Reparations’ Under Legal Marijuana Law: Report
ST. PAUL, MN — The state of Minnesota will distribute “reparations” for harm done by marijuana criminalization, according to a report. The framework for the “CanRenew” grant program was included in the recreational marijuana bill that Democrats...
Director Of MA Marijuana Regulator Resigns, MD Plans To Evaluate Pot’s Health Effects And Recent Industry Moves
As the Benzinga Cannabis Capital Conference returns to Chicago (Sept 27-28), gathering top CEOs, investors and leaders in the marijuana industry, let’s scroll through some executive moves in the space. Exit Of Director Of Marijuana Reg Agency Sends...
‘A form of reparation’: Minnesota will send money to communities harmed by marijuana prohibition
Minnesota will invest tens of millions of dollars into communities that were harmed by marijuana prohibition as part of a new state grant program being hailed as both nation-leading and a way to provide reparations. The “CanRenew” grant program tucked in...
Detroit Finally Opens Second Round Of Marijuana Licenses With Equity Focus
Detroit is set to accept applications for the second round of limited marijuana business licenses, with half reserved for “equity applicants” from communities disproportionately affected by marijuana prohibition. The round offers 30 marijuana retailer...
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.
8 Best Cannabis Stocks of January 2024
The first wave of U.S.-listed cannabis stocks has been something of a disappointment. Shares of high-growth, multi-state operators (MSO) have slumped in the past couple of years as cannabis producers face pricing pressures in a fiercely competitive U.S. market. The...
U.S. Cannabis Stocks Higher After DEA Confirms Marijuana Status Review
By Dean Seal Some major U.S. cannabis stocks were trading higher Thursday, a day after the Drug Enforcement Administration confirmed it is reviewing marijuana’s federal drug classification. AdvisorShares Pure US Cannabis, a popular exchange-traded fund tracking...
What lowering federal restrictions on marijuana could mean
A MARTÍNEZ, HOST: The Biden administration is recommending the Drug Enforcement Agency significantly lower federal restrictions on marijuana by demoting it from a Schedule 1 to a Schedule 3 drug. Now, the DEA defines Schedule 1 drugs as those with no medical use and a...
Best-performing cannabis stocks of 2024
The best growth stocks included above all trade on a major U.S. stock exchange and meet the following criteria: Consensus analyst recommendation of “buy” or better. A high number of analyst “buy” ratings indicates an expectation that the stock will outperform the...
Senate Votes To Let People Who’ve Used Marijuana Work At Intelligence Agencies Like CIA And NSA As Part Of Defense Bill
The U.S. Senate has approved a large-scale defense bill that includes provisions to bar intelligence agencies like the CIA and NSA from denying security clearances to applicants solely due to their past marijuana use. Senators adopted a number of amendments to the...
Global Legal Marijuana Market Size & Share to Surpass $103.8 Billion by 2030 | Vantage Market Research
WASHINGTON, July 31, 2023 (GLOBE NEWSWIRE) — As per Vantage Market Research, changing attitudes towards marijuana, combined with the potential for economic growth, medical benefits, and regulatory changes, are major drivers behind the expansion of the Legal...
Tilray is making a comeback. Are marijuana stocks worth another look?
Open this photo in gallery: People line up to purchase legal cannabis in Calgary on Oct. 17, 2018. This week’s rally by Tilray Brands Inc. suggests that interest in the marijuana sector is alive.Jeff McIntosh/The Associated Press Pot stocks were fading into oblivion...
Schumer Touts ‘Good Progress’ On Marijuana Banking Bill, Saying It Has ‘Always Been A Priority For Me’
Senate Majority Leader Chuck Schumer (D-NY) says lawmakers are “making good progress” in bipartisan negotiations on a marijuana banking bill, and advancing it will be a priority for what he’s expecting to be a “very, very productive fall in the Senate.” At a press...
Schumer Says Work Continues On Marijuana Banking Bill As Key Senators Dispute Reason For Delay
Senate Majority Leader Chuck Schumer (D-NY) says that work continues to pass a bipartisan marijuana banking bill, and another Democratic senator is urging voters to keep up the pressure as lawmakers head back to their districts for the summer. But despite their...
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