marijuana stocks

In a big step for cannabis and hemp, the Senate Agriculture Committee passed a 2018 Farm Bill that includes hemp legalization language. “It is no secret that industrial hemp boasts the most significant potential for global economic impact from the cannabis industry. Hemp is a commodity. It...

If you encounter a cloud of pot smoke backstage at a KISS show, it isn't coming from the bassist's dressing room. Gene Simmons has abstained from drugs and alcohol in his more than four decades in KISS, unlike some of his bandmates. So it came as a surprise to many when ...

A bill to legalize recreational marijuana failed to pass in Michigan’s State Senate and House of Representatives. Consequently, the decision has passed to the hands of voters, who will decide on the issue in this November’s ballot. If passed, the ballot measure in question would allow...

May was a hectic month for the cannabis industry, which saw five companies go public on major stock exchanges. This week saw MedMen, the largest cannabis company in the United States, start trading in Canada. “MedMen began trading on the Canadian Securities Exchange, but it didn’t get...

A consolidation wave is sweeping across the marijuana industry, as companies aim to improve their competitive positioning and market share in an industry which offers a lot a promise. Aurora Cannabis Inc (OTC: ACBFF) recently announced a deal to buy MedReleaf Corp (OTC: MEDFF) in an all-cash...

This was another busy week for cannabis stocks, with Canadian grower Canopy Growth listing on the NYSE, Khiron Life Sciences on the TSX Venture Exchange, investments surpassing $3 billion, and the New York Democratic Party saying it's overtly endorsing marijuana legalization. “The...

A few weeks ago, Benzinga had the chance to visit the offices of Poseidon Asset Management, a San Francisco-based cannabis-focused long/short hedge fund with more than $40 million in assets under management. Co-founder and managing partner Emily Paxhia mentioned and her brother and partner...

As Benzinga recently detailed, smoking is just one of many ways to consume cannabis. In fact, smoking is becoming less popular as other smokeless options continue to emerge. They include distillates, a kind of cannabis concentrate found in some vape pens or sold for use with dab rigs. Much has been...

This was a very active week in the cannabis capital markets, with Cronos Group reporting earnings, Canopy Growth applying to trade on the NYSE, Aurora Cannabis acquiring MedReleaf in the largest cannabis deal in history and GTI announcing intentions to go public in Canada. The news drove the United...

This has been yet another busy week for cannabis companies. The United States Marijuana Index, which tracks 17 of the largest marijuana stocks in the U.S., closed the week roughly flat. Meanwhile, the North American Marijuana Index, which also includes Canadian stocks, posted gains of approximately...