2 Marijuana Stocks That Could See A Recovery This Month
Hydrofarm Announces Preliminary Second Quarter 2022 Financial Results and Updates Fiscal 2022 Outlook SHOEMAKERSVILLE, Pa., Aug. 02, 2022 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading manufacturer and distributor of hydroponics equipment and supplies for controlled environment agriculture (“CEA”), announced preliminary unaudited... Read more
ScottsMiracle-Gro Announces Third Quarter Financial Results; Introduces Project Springboard to Enhance Shareholder Value Company reduces full-year sales and earnings outlook Company-wide third quarter sales decreased 26% driven by Hawthorne decline of 63% and U.S. Consumer decline of 14% Consumer POS climbed in May & June; year-to-date POS dollars down... Read more
A strong majority of Missouri voters, including a plurality of Republicans, support legalizing marijuana for adult use, a new poll found as activists wait for state officials to potentially verify signatures to place a reform initiative on the November ballot. The poll from SurveyUSA asked about 2,000 registered voters... Read more
A perennial question around legalizing cannabis for adults is whether it leads to more young people trying the drug. According to a new study by Michigan State University researchers, the answer so far is no—although the policy change does seem to lift the number of adults picking up marijuana... Read more
As frustration mounts over unfulfilled promises to reform federal marijuana laws, a recent, controversial report has emerged about President Joe Biden’s daughter-in-law allegedly receiving U.S. Secret Service protection as she shopped at a cannabis dispensary in California. The Daily Mail reported late last month that Melissa Cohen, who is... Read more
The nation’s largest union representing federal employees recently adopted a resolution in support of marijuana legalization and calling for an end to policies that penalize federal workers who use cannabis responsibly while they’re off the clock in states where it is legal. The American Federation of Government Employees (AFGE),... Read more
More than one-fourth of the U.S. Senate has signed onto a new bill that would increase criminal penalties for a wide range of offenses, including manufacturing or selling Schedule I drugs like marijuana in the form of candy or beverages if there is “reasonable cause to believe” they will... Read more
Arkansas state officials announced last week that a proposed ballot measure to legalize recreational marijuana has received enough signatures to qualify for the November ballot. Activists with the group Responsible Growth Arkansas, which is headed by former Arkansas Democratic House minority leader Eddie Armstrong, submitted the petitions to the... Read more
It is still unclear whether a proposal to legalize cannabis use for adults will qualify for this year’s ballot in Missouri. But if it does, it’s a good bet to pass. That is the takeaway of a new poll conducted and released late last month. Sixty-two percent of Missouri... Read more
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