Acreage Holdings will report its fourth-quarter and fiscal 2019 results today after the market closes. Analysts expect the company to report revenue growth.
Since medical marijuana has boomed in Ohio, the state wants to enjoy recreational cannabis as well. Notably, Ohio legalized medical marijuana in 2016.
On Monday, Green Growth Brands reported its earnings results for the second quarter of fiscal 2020. The company reported revenues of $21.1 million.
On February 21, HEXO fell to a low of 1.40 Canadian dollars and closed at 1.41 Canadian dollars. The stock fell 2.1% from the previous day's closing price.
According to Warren's new marijuana plan, the federal legalization process would start within 100 days of her taking office.
Cronos Group will report its fourth-quarter earnings before the market opens on Thursday. Analysts expect double-digit revenue growth sequentially.
MedMen will report its earnings results for the second quarter of fiscal 2020 on Wednesday. Analysts expect 67.6% YoY revenue growth.
Marijuana is legal for medicinal purposes in Minnesota. Soon, lawmakers will present another bill for marijuana legalization in the state.
President Trump’s re-election campaign spokesperson said that the administration thinks that marijuana and other drugs should be illegal.