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Arizona is one US state with strong opposition to marijuana legalization. It legalized the use of medical marijuana in 2010 after many failed initiatives.
It looks like vaping products won’t be available in the Alberta cannabis market anytime soon. Though Canada permits their sale, the province is skeptical.
On December 17, Organigram Holdings released its first batch of Cannabis 2.0 products to Manitoba, Ontario, Nova Scotia, Saskatchewan, and New Brunswick.
Beacon Securities analyst Russell Stanley expects Curaleaf stock to grow 255% in the next 12 months. Stanley gave a target price of 25 Canadian dollars.
Tilray has frequently been in the news lately. Despite its efforts, its stock has continued to fall for the last month. It’s currently trading at $17.31.
In recent news, Tilray Inc. (TLRY) exported medical marijuana to Switzerland. The company exported medical marijuana extracts to cater to the needs of patients in Switzerland. Apart from Switzerland, TLRY exports to medical cannabis markets in 13 other countries. Tilray’s exports Tilray exported medical marijuana extracts from its GMP-certified facility to Switzerland. The company got […]
The launch of recreational cannabis products in Michigan was scheduled for spring 2020. The Marijuana Regulatory Agency moved the launch to December 1.
Medical cannabis is legal in 33 US states, recreational cannabis is legal in 11, and 15 states have decriminalized it. These numbers might soon increase.
Aphria produces and sells medical and recreational cannabis in Canada via award-winning brands. It aims to be the world’s best-performing cannabis company.
Cobourg-based cannabis operation FSD Pharma (HUGE.CN) (FSDDF) recently announced its third-quarter earnings fiscal 2019 results on November 29. The results are for the three month period ending on September 30, 2019. Since the time of the announcement, the stock has been trading in the same line. Currently, it’s trading at $4.89. FSD Pharma financial highlights […]
Toronto-based cannabis player Khiron Life Science (KHRN) announced its third-quarter fiscal 2019 earnings results on November 26. Since the time of the announcement, the stock fell by more than 7%. Currently, it’s trading at $0.90. Khiron Life Science financial highlights Khiron Life Science reported revenue of $2.8 million in the third quarter. The revenue consists of […]
In recent news, President Donald Trump proposed a minimum age of 21 for using e-cigarette products. Trump previously expressed his support to ban vaping. However, he changed his mind as he believes the ban will lead to a rise in the black market. As the country took a big hit due to vaping illness, this action […]
In a recent update on the standoff between state and federal government, the US government cut federal grants for treatments using medical marijuana. This move by the federal government goes against the states that legalized marijuana for medical conditions without significant scientific evidence. This is especially true for the states that allow marijuana treatment for […]
After a long stretch of time, the cannabis sector had a good week as some of the companies reported profits. Many analysts see this as a positive sign for investors in the industry. Rahul Sarugaser, an analyst for Raymond James, recently pointed to the improvements in the US legal framework as well as the Ontario […]
Major US cannabis retailer MedMen aims to expand its brand by increasing its number of flagship retail stores and offering high-quality cannabis products.
Aurora Cannabis has announced the opening of its new flagship retail store. This new operation is located in the West Edmonton Mall in Edmonton, Alberta.
As medical marijuana is legal in several countries, CBD has become a frequently used medicine. Two types of cannabis plants produce CBD: hemp and marijuana.
The cannabis industry has seen massive growth in recent years, but marijuana stocks have been plummeting lately. Are these indications of a dying industry?
Cannabis companies expect Cannabis 2.0 to improve their top lines and profitabilities. However, illegal cannabis already has a considerable market share.
KushCo Holdings (KSHB) recently announced its fourth-quarter and full-year financial results. The company reported impressive results, beating analyst estimates. The company’s stock is trading in the same line since the day of the earnings release. Currently, the stock is trading at $1.83 as of November 21. KushCo financial highlights KushCo analysts reported $47 million in […]
Arizona is a conservative state when it comes to marijuana laws. The state allowed the use of medical marijuana in 2010. The proposal for allowing medical marijuana passed after years of failed propositions. Currently, recreational marijuana is illegal in the state. However, the state is preparing for a proposition to allow recreational marijuana in 2020. […]
Charlotte’s Web Holdings, Inc. (CWEB) is a US-based vertically integrated CBD producer. The company focuses on making and distributing hemp-derived CBD products. Charlotte’s Web’s mission is to help people find peace in mind, body, and soul. Further, the company aims to meet the consumer’s demands for quality products, efficiency, and consistency. Initial development Charlotte’s Web […]
HEXO Corp (HEXO) is a Canada-based cannabis company. Recently, the company announced its fourth-quarter results for the period ending on July 31, 2019. The company’s revenue missed the estimates of the analysts. HEXO’s stock value fell by 20% from the time of the earnings release. Also, the company’s stock is currently traded at $1.79. HEXO’s […]
Like many of its peers, Tilray is struggling after its fiscal 2019 third-quarter release. Though its revenue met estimates, its stock continues to slide.
Canopy Growth operates in 14 countries on five continents. The company has expanded through strategic partnerships, acquisitions, and supply agreements.
OrganiGram is set to report its fiscal 2019 fourth-quarter earnings results on November 25. It will report its numbers for the quarter and the full year.
Cresco Labs launched its incubator program in Illinois on November 6. This program is part of Cresco’s Social Equity and Educational Development initiative.
KushCo is expanding its CBD footprint by launching a hemp trading business. KushCo is promoting hemp trading with farmers and a verified buyer network.
Michigan is rolling out licenses for recreational cannabis businesses. The state’s Marijuana Regulatory Agency has been accepting applications since November 1, 2019.
Curaleaf Holdings, Inc. (CURLF) (CURA) recently closed a deal with Acres Cannabis. Curaleaf bought Acres’ cultivation and production facilities in Amargosa Valley, Nevada. This 269,000-square-foot facility is for processing. With this deal, the company can expand its cultivation and processing operations in Nevada. Details of the deal On March 18, 2019, Curaleaf signed a deal […]
MedMen (MMNFF) is a vertically integrated cannabis retailer with its footprint across the US. The company is in nine states and has 32 stores and 70 retail licenses. Recently, the company launched a loyalty program called MedMen buds. Also, the company launched its omnichannel delivery services in August. What is MedMen Buds? MedMen Buds is […]
