Some LCB policies make hurdles tough to clear. Regulatory challenges can be substantive or procedural. Substantive challenges include things like Washington’s ban on out of state ownership and its view that licensee royalty payment constitute profit-sharing. These types of rules and interpretations are challenging because, as a policy matter,... Read more
iStock.com/Diy13 October 17 Marijuana Legalization The day had been marked in our calendars for a long time: the October 17 marijuana legalization in Canada. But now it has finally arrived, and with it comes a reconfiguration of the marijuana stocks landscape. This will by no means take place overnight,... Read more
iStock.com/HighGradeRoots APHQF Stock: A Break Above Resistance at $16.00 Will Set the Wheels in Motion Marijuana is legal in Canada. This event has now come and gone, and I have to say, the way this sector performed on the first day of legalization caught me a bit off guard.... Read more
iStock.com/jamesteohart Contrarian Casa Systems Aims to Re-Energize Business My contrarian pick for today is Casa Systems Inc (NASDAQ:CASA), which has been kicked to the curb by investors, off a whopping 59% from its initial public offering (IPO) high of $34.21 in March 2018. CASA stock looks pretty horrific on the... Read more
iStock.com/vzphotos NVDA Stock: This Is Why Further Selling Is Expected to Follow October is historically a bad month for stocks, and 2018 is no exception. I am focusing on NVIDIA Corporation (NASDAQ:NVDA) stock because the pillars of support that have been responsible for supporting NVDA stock in recent years have... Read more
iStock.com/Darren415 Marijuana News Today Despite a string of positive stories recently, the marijuana news today is rather dour as the cannabis stock market faces a massive, near-universal pullback and Canada faces supply shortages post-legalization. Let’s start with the supply shortage news. As I predicted, we have been seeing marijuana... Read more
WASHINGTON — Almost two-thirds of Americans think marijuana should be legal, according to a Gallup poll released Monday. That represents the highest number in the nearly 50 years since the polling organization began asking about the issue, according to a press release. The findings come as four states prepare... Read more
Passing a joint is becoming increasingly passe. Pax Labs Inc., a San Francisco-based startup that makes marijuana vaporizers, is now valued at $5 billion, said two people familiar with the company who asked not to be identified discussing the terms of a private deal. The company raised $20 million... Read more
Marijuana will once again be a hot topic on Election Day, with the future of local, state and federal cannabis policies in the hands of voters Nov. 6. But this time, voters in states that typically lean Republican will be the ones weighing legalization measures at the ballot box.... Read more