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Green Thumb Reports $157M In Q3 Revenue Ahead Of 50th Store Milestone
Wednesday, November 11, 2020 - 5:05pm | 385Read More...Green Thumb Industries Inc. (CSE:GTII) (OTCQX: GTBIF) reported a boost in revenue for the third quarter of 2020. Revenue jumped 31.3% quarter-over-quarter and 131.1% year-over-year to $157.1 million, according to the Chicago-based cannabis company's earnings report Wednesday....
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The MORE Act Gets A December Vote, But Don't Expect Much Else For Now
Wednesday, November 11, 2020 - 12:22pm | 802Read More...After the five-state ballot initiative sweep, marijuana's momentum kipped up after receiving a minor gut check in September when the House of Representatives punted a vote on the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act to the lame duck session. The lingering questions...
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Al Harrington: Pot's Path To Legalization Is Plagued By 'One Major Issue'
Monday, November 9, 2020 - 5:30pm | 962Read More...Last week, marijuana legalization initiatives passed in five states: Arizona, Mississippi, New Jersey, Montana, and South Dakota. Stocks such as Aurora Cannabis (NYSE: ACB) and Tilray (NASDAQ: TLRY) absolutely surged in the days that followed. Many cannabis pros also...
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3 Reasons Marijuana Stocks Are Soaring
Friday, November 6, 2020 - 3:10pm | 537Read More...Cannabis stocks have been red-hot following Tuesday’s election. The skyrocketing marijuana group has been led by Aurora Cannabis Inc. (NYSE: ACB), which is up 135% in the past two days alone. Voters in New Jersey, Arizona, South Dakota and Montana legalized recreational marijuana use on...
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Ayr Strategies Makes An Arizona Play On Heels Of Adult-Use Vote
Wednesday, November 4, 2020 - 11:35am | 401Read More...Ayr Strategies (OTCQX: AYRSF) has recognized Arizona’s marijuana market potential. The Toronto-based cannabis company purchased a vertically integrated operation in the Copper State that includes both growing and processing facilities as well as three licensed dispensaries. The transaction...
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Washington DC Decriminalizes Psychedelic Plants, Fungi
Wednesday, November 4, 2020 - 8:51am | 337Read More...Voters in the District of Columbia have approved an initiative that aims to effectively decriminalize the use of several psychedelic substances. Initiative 81 makes non-commercial possession, distribution, purchase and cultivation of psychedelic and hallucinogenic plants and fungi a lowest law...
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Oregon Becomes First US State To Decriminalize Drug Possession, Begins Psilocybin Program
Wednesday, November 4, 2020 - 8:43am | 705Read More...Voters in Oregon have approved two measures that mark an unprecedented change in the history of U.S. drug policy. Measure 110, which passed with 58.8% positive votes, decriminalizes the possession of small amounts of all illegal drugs. It also creates a support program for drug abuse...
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Mississippi Voters Choose Initiative 65, Clearing Medical Marijuana's Path To Market
Wednesday, November 4, 2020 - 2:57am | 246Read More...More than 609,000 voters in Mississippi — 74.1% — have voted in favor of medical marijuana. The total number of votes hovered 822,000. Per the New York Times, medicinal cannabis would become legal in the Magnolia State for people with debilitating medical conditions. For the...
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Arizona Voters Approve Proposition 207, Legalizing Recreational Cannabis
Wednesday, November 4, 2020 - 1:02am | 381Read More...A majority of Arizona voters have voted "yes" for recreational cannabis. According to the New York Times and The Associated Press, more than 1.4 million of the state's voters — 59.9% — have approved Proposition 207. The move expands the Copper State...
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What A Contested Election Could Mean For Weed's Path To Legalization In 5 States
Monday, November 2, 2020 - 12:47pm | 619Read More...Voters are considering a number of cannabis ballot initiatives nationally on their presidential election ballots. Voters in New Jersey, Arizona and Montana — where there are existing medical cannabis markets — will consider legalizing adult use. Mississippi may potentially become a...
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How The US Federal Deficit And Trade Balance Have Changed Since Trump Took Office
Sunday, November 1, 2020 - 12:00pm | 575Read More...With the election now just one week away, Americans are weighing the two presidential candidates and choosing which one will be best for the country over the next four years. One way they can do that is by looking back on the first term of President Donald Trump and reassessing the effectiveness of...
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Gold Price Predictions If Biden Or Trump Wins Presidency
Saturday, October 31, 2020 - 2:15pm | 580Read More...The 2020 U.S. election is taking place on Nov. 3 with President Donald Trump and former Vice President Joe Biden battling for the lead position. Gold Price Analysis: The U.S. presidential election will play a huge role in shaping the global economy and gold prices are expected to react in the run...
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Flow Cannabis CEO On Post-Election Policy Hopes, Strategy On Heels Of Caldera Launch
Monday, October 26, 2020 - 1:44pm | 1254Read More...Flow Cannabis Co. recently launched Caldera, a line of premium extracts, vape cartridges, oils, and concentrates defined by their purity, potency and flavor. The Mendocino County, California-based company says the tech — developed by chemist Dr. Raj Gupta —...
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LeafLogix CEO: Compliance Software Is Crucial For Cannabis Post-Legalization
Monday, October 19, 2020 - 2:57pm | 892Read More...No matter which U.S. Presidential candidate — incumbent Donald Trump or former Vice President Joe Biden — wins on Nov. 3, federal legalization of cannabis is something neither major party ticket supports. However, Biden does back a decriminalization policy and the potential...
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Cannabis Investors Underestimate Upside Of 'Blue Wave' Election, Analyst Says
Thursday, October 8, 2020 - 8:02am | 582Read More...Cannabis investors have endured a brutal 2020, and hopes that the November election will serve as a catalyst for federal US legalization are fading fast. However, according to Cantor Fitzgerald analyst Pablo Zuanic, a potential election “blue wave” victory for...
