Cash-strapped Illinois turning down $100M in pot taxes, industry says
With Illinois facing a nearly $4 billion budget deficit next year, lawmakers and cannabis industry insiders have claimed the state is missing out on more than $100 million in tax revenue by blocking certain pot shops from relocating. While the state’s economy has been upended by the coronavirus pandemic,... Read more

2 Marijuana Stocks To Watch Half Watch Through November

The post 2 Top Marijuana Stocks To Watch This Week appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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Insomnia denied as qualifying condition for Pa.’s medical marijuana program
The Pennsylvania Medical Marijuana Advisory Board voted against adding insomnia to the list of qualifying conditions and tabled discussions on adding traumatic brain injuries at its latest meeting. The state’s program is experiencing record enrollment and significant growth. More than 460,000 residents are registered and sales have surpassed $1... Read more

Charlotte’s Web Holdings Reports Q3-2020 Results  Charlotte’s Web Holdings, Inc. (TSX: CWEB)…

The post  Charlotte’s Web Holdings, Inc. (CWBHF) Reports Q3-2020 Results appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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Sundial Growers Inc to Host Earnings Call Sundial Growers Inc (NASDAQ:SNDL) will…

The post Sundial Growers Inc (SNDL) to Host Earnings Call appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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Pa. medical marijuana advisory board nixes new qualifying conditions as industry booms
Medical marijuana in Pennsylvania is more popular than ever, this month surpassing $1 billion in all-time sales from dispensaries to patients. The state’s Medical Marijuana Advisory Board noted the landmark at its quarterly meeting Tuesday before debating whether to add new medical conditions to the list of reasons Pennsylvanians... Read more
Americans are more likely now than at any point in the past five decades to support the legalization of marijuana in the U.S. The 68% of U.S. adults who currently back the measure is not statistically different from last year’s 66%; however, it is nominally Gallup’s highest reading, exceeding... Read more
Several states legalized marijuana last week. Will Texas be next?
Advocates for marijuana legalization are hopeful Texas lawmakers will take up meaningful reform this upcoming 2021 legislative session. During last week’s general election, voters in Arizona, Montana, New Jersey and South Dakota approved ballot measures allowing recreational marijuana, leaving Texas a member of a shrinking group of states that... Read more
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