After a 57.4% rebound in Q1 followed by a narrow decline in April and a sharp one in May, Cannabis stocks, as measured by the Global Cannabis Stock Index, moved slightly lower in June, declining 2.5%: The index, which had 64 qualifying members during the month following the quarterly rebalancing... Read more
Former Colorado Gov. John Hickenlooper (D) was the only presidential candidate to bring up marijuana during Thursday’s Democratic debate—and reform advocates weren’t happy about it. In his closing statement, Hickenlooper said that he’s a “small business owner who brought that same scrappy spirit to big Colorado, one of the... Read more
Former Colorado Gov. John Hickenlooper (D) was the only presidential candidate to bring up marijuana during Thursday’s Democratic debate—and reform advocates weren’t happy about it. In his closing statement, Hickenlooper said that he’s a “small business owner who brought that same scrappy spirit to big Colorado, one of the... Read more
Former Colorado Gov. John Hickenlooper (D) was the only presidential candidate to bring up marijuana during Thursday’s Democratic debate—and reform advocates weren’t happy about it. In his closing statement, Hickenlooper said that he’s a “small business owner who brought that same scrappy spirit to big Colorado, one of the... Read more
The American Cannabis Operator Index extended its post-March weakness again, declining over 8% to 87.35: The good news is that the stocks managed to recover somewhat from the mid-June lows, ending the month 5% higher than where it closed on June 14th. Still, Q2 was quite challenging, as the index lost... Read more
TransCanna Holdings (CSE: TCAN) (OTC: TCNAF), a relatively new California-focused cannabis company that began trading in January and promptly launched a very aggressive stock promotion campaign during the rally early in the year as its stock went from C$0.80 to almost C$8.00 after its C$0.50 IPO, announced an acquisition on... Read more
The End of June Gives More Hope to Marijuana Stocks With so much going in the industry, it seems as though it can often be difficult to pick a pot stock that lines up with all of the proper criteria. While many think to look at the companies that grow the substance, there is often […]
Maine residents approved legal recreational marijuana back in 2016, but have been waiting on the government to approve a regulatory framework for the industry. Happily, the end of that wait is now in sight. Governor Janet Mills has signed into effect a law establishing cannabis industry guidelines that is... Read more
Earlier this month, Texas Gov. Greg Abbott signed a bill that will legalize industrial hemp and CBD products. Now, some county prosecutors are grappling with the fallout with the new law—namely, what to do with more than 200 pot-related offenses. The district attorney’s office in Tarrant County, Texas has... Read more
Two lawmakers from Oregon introduced a bill in the U.S. Congress on Thursday that would allow for the interstate commerce of cannabis between states with legal pot. Under the measure from Democrats Sen. Ron Wyden and Rep. Earl Blumenauer, federal agencies would be prohibited from interfering with cannabis trade... Read more
