The Colorado Department of Revenue has issued a safety and health advisory after potentially unsafe pesticide residues were found on certain medical marijuana plant material and products. The revenue department, in conjunction with the Colorado Department of Agriculture and the Colorado Department of Public Health and Environment, released the... Read more
Colorado Gov. John Hickenlooper issued an executive order along with a health and safety advisory Wednesday warning people not to use marijuana cultivated by Colorado Wellness Centers because the company used unapproved pesticides. The company, which also does business as Lush, allegedly used off-label pesticides called pyriproxyfen while cultivating... Read more
Wholesale marijuana prices in Colorado have fallen by a third in just the past 12 months, continuing a price crash that began soon after the drug was legalized. Although this implies that some marijuana entrepreneurs are going to go bankrupt, the bigger financial hit will be felt by states... Read more
iStock.com/krisanapong detraphiphat Marijuana News Today The marijuana news today reveals that due to research and development in the pot industry, the next big breakout may not come from a board room decision, but rather, from a lab discovery. As the industry continues to mature, we’re going to see innovations... Read more
iStock.com/Yingko nLIGHT Is a Bottom-Feeding Opportunity Small-cap stocks are currently hemorrhaging in correction mode. While the Russell 2000 is not yet in a bear market, consider that about 70% of the components are below their respective 50-day moving averages and 48% are south of the 200-day moving average. As... Read more
iStock.com/ThamKC WTER Stock: Waiting for the Necessary Signals I was not kidding when I described the current stock market conditions as turbulent. The wild swings stocks have been experiencing is on par with a wild roller coaster ride. The price action in the marijuana stock sector has been no... Read more
iStock.com/Olga Volkovaia CGC Stock Forecast for 2019 The marijuana industry is not seeing a boost in share prices post-legalization. To be fair, that’s not unexpected. The massive run during August helped spur huge gains and worked to offset what otherwise would have been a bullish run in October. With all... Read more
iStock.com/ronniechua Marijuana News Today One of the big stories this month continues in the marijuana news today, with supply shortages hurting both the Canadian and U.S. pot markets. We’ve discussed at length the difficulty that Canada has faced so far in supplying enough cannabis to its eager consumers. Supply... Read more
iStock.com/koya79 Canadian Solar Is Undeservedly Cheap I view the current stock market malaise as potentially a “Black Friday” event for stocks. Of course, the situation could worsen if there is no resolution to the U.S.-China trade war and if bond yields ratchet higher. It’s always a difficult task to... Read more
iStock.com/fortton Marijuana News Today With the marijuana stock market falling, many pot enthusiasts are on the lookout for the next big breakthrough. In the marijuana news today we have Canopy Growth Corp (NYSE:CGC) eagerly awaiting federal marijuana reform in the U.S. so it can pounce on what will be... Read more
