Search: Stories

Cannabis Countdown: Top 10 Marijuana And Psychedelic Stock News Stories Of The Week

Welcome to the Cannabis Countdown. In This Week’s Edition, We Recap and Countdown the Top 10 Marijuana and Psychedelic Stock News Stories for the Week of May 4th – 10th, 2020.Without further ado, let’s get started.* Yahoo Finance readers, please click here to view full article.10. Chairman and CEO of Profitable Cannabis Firm Joins Champignon Brands’ Board of DirectorsChampignon Continues…

6 Reasons to Be Excited by Illinois Cannabis Legalization and 9 Stories from New Cannabis Ventures

You’re reading a copy of this week’s edition of the free New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. Sign up to receive a copy in your inbox each Sunday morning. Friends, In just 17 days, Illinois, with a population of 12.7 million, the sixth highest in the country, will permit […] READ MORE: https://www.newcannabisventures.com/6-reasons-to-be-excited-by-illinois-cannabis-legalization-and-9-stories-from-new-cannabis-ventures/

Cannabis Countdown: Top 10 Marijuana Industry News Stories Of The Week, July 22

With Thailand’s legalization of medical cannabis in February, some experts predict that other Southeast Asian countries may move to decriminalize the plant. Consultancy Prohibition Partners estimates that Asia’s medicinal cannabis market could by 2024 be worth $5.8 billion. At the end of 2018, Canada, the United States, and Mexico agreed on new terms to replace the North American Free Trade Agreement…

U.S. Pot Earnings Shine as Canada Struggles: Cannabis Weekly

(Bloomberg) — The top U.S. cannabis companies are notably outperforming their struggling Canadian counterparts, yet valuations are still held back by their inability to list on the big American exchanges.The divergence was well illustrated by two large companies that reported earnings Thursday night.Green Thumb Industries Inc. became the first U.S. pot company to generate revenue above $100 million and beat…

The Week In Cannabis: Aurora And Canopy’s Bad News, Charitable Initiatives During A Pandemic, And Big Capital Raises

The week kicked off with shares of Aurora Cannabis Inc. (NYSE: ACB) plummeting after the Canada-based company announced Monday that it would renew its at-the-market offering of up to $350 million in stock and complete a board-approved 1-for-12 reverse stock split.The main objective of the latter move was to drive the share price above $1, which is a requirement to…

420 with CNW – Marijuana Industry in Colorado Helping Restaurant Employees

Up to now, the restaurant and cannabis industries have had an interesting relationship. When states started legalizing marijuana and the industry really started picking up, restaurants started feeling the strain. As Kevin Burke, General Manager of Denver-based restaurant Morin says, restaurants were already struggling with what was effectively negative fifteen percent unemployment. The growing popularity of cannabis-infused meals strained the…

420 with CNW – Federal Government to Fund Research into Effects of COVID-19 on Marijuana Consumers

The last time the world faced anything as life-changing as the Coronavirus was a century ago. The pandemic has shown just how unprepared most countries were for a health crisis of this magnitude. The virus first appeared in Wuhan, China and has spread to all continents except Antarctica. Over 1.3 million individuals have been infected worldwide, with at least 73,000…

SinglePoint Launches Hand Sanitizer Amid Widespread Shortage

If you’ve been paying attention to the news lately, you are aware that the coronavirus outbreak has caused the shortage of some key supplies. Top of the list are probably toilet paper and hand sanitizer. There are all kinds of stories surrounding the hand sanitizer supply; of price gouging, hoarding, using alternate products like vodka… the list goes on. The…

The Week In Cannabis: Marijuana Stocks Outperform The S&P During Coronavirus Pandemic

The coronavirus pandemic has affected the cannabis and psychedelics industries in many different ways — some more negative than others.While we continue to see massive layoffs, management shakeups and event cancellations across the board, businesses are struggling to adapt to their new situations, offering delivery services, free access to virtual platforms and more. Many cities have declared quarantines, but deemed…

7 Women To Watch In Cannabis

With skyrocket growth at the advent of more and more U.S. states legalizing medical and recreational marijuana, the total cannabinoid market is projected to reach $44.8 billion by 2024. Disrupting an industry that is disruptive by its very existence is an exceptional challenge. “As the market transitions from a state market to a national market, goods and services will likely…