marijuana stocks

This week, Canada became the second country in the world to fully legalize cannabis, allowing adults to consume weed for recreational purposes. Long lines were formed outside dispensaries on Wednesday, and fears of supply shortages materialized to a certain extent. Meanwhile, cannabis stocks were...

It was another busy week for the cannabis industry, with Aurora Cannabis Inc (OTC: ACBFF) applying to list on the New York Stock Exchange, tobacco giant Altria Group Inc. (NYSE: MO) reportedly showing interest in in Aphria Inc.  (OTC: APHQF), and Walmart Inc (NYSE: WMT...

Finally, a week to take a breath. It's not that there was a lack of cannabis news; it's that none of it sent the markets into a whirlwind.  Los Angeles International Airport began allowing adults to travel with up to 1 ounce of flower and 8 grams of concentrates in their...

Are the major cannabis players starting to lose their shine? With seasoned cannabis investors, this may be the case. After all, with stocks such as Canopy Growth Corp (NYSE: CGC), Aphria Inc (OTC: APHQF), and OrganiGram Holdings Inc (OTC: OGRMF) all having delivered gains in excess of 1,000 percent...

Two big news items dominated the cannabis industry this week: the re-scheduling of GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH)’s cannabis-derived drug, Epidiolex, from the Schedule I category to the Schedule V category; and High Times’ acquisition of Dope Magazine for $11.2 million in...

The marijuana initiatives that voters will decide on in November include questions on the legalization of medical marijuana in Missouri and Utah and, in Michigan and North Dakota, the legalization of recreational marijuana.  Yet financial institutions continue to resist the still-...

Tilray Inc (NASDAQ: TLRY) dominated news in the cannabis sector this week after its stock went on a wild rollercoaster ride. Even talk about The Coca-Cola Co (NYSE: KO) exploring entry into the marijuana industry took a back seat to the action in Tilray’s shares. The company’s...

A rising tide lifts all ships. And nowhere is this more relevant than in the cannabis space. Just look at the deal Canopy Growth Corp (NYSE: CGC) landed with Constellation Brands (NYSE: STZ) just two months ago. That deal, which had Constellation Brands pony up $4 billion for a piece...

Money is flowing into the cannabis industry at an unprecedented pace. And it’s not just the Canopy Growth Corp (NYSE: CGC) and Cronos Group Inc (NASDAQ: CRON)’s of the world on the receiving end: public and private companies across the spectrum are drawing ...

The cannabis sector was mostly dominated by non-financial events this week — namely, an ongoing freak out over Tesla Inc (NASDAQ: TSLA)’s Elon Musk taking one puff of a blunt during his appearance on “The Joe Rogan Experience.” Another big news item: a report...