Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
Author: Adam Jones
Adam Jones has been writing for Market Realist since 2014. He currently covers the cannabis sector. He has also covered the agricultural fertilizer and restaurant sectors in the past.
Last week, ending on September 27, the cannabis sector was weighed down by the bears. Sector ETFs broadly ended the week in negative territory.
Yesterday, the House passed the Secure and Fair Enforcement Banking Act, which aims to reduce cash transactions for legitimate marijuana businesses.
CannTrust (CTST) (TRST) was one of the worst performers in the cannabis sector last week. The stock lost almost 19.6% in one week alone.
Vaping has become a burgeoning health concern, as the seventh vaping-related death recently occurred in California. How are cannabis companies affected?
On May 1, smokable hemp will be banned in North Carolina. The state passed the North Carolina Farm Act, removing smokable hemp from its permissible list.
Earlier today, the Alcohol and Gaming Commission of Ontario announced that it would be holding a second lottery to issue licenses for retail cannabis.