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According to new data given by regulators overseeing the three major Canadian cannabis marketplaces — British Columbia, Ontario and Alberta — an unprecedented number of stores in Canada experienced shutdowns or ownership changes in 2023. The data, sought by MJBizDaily, indicates a...
2024-02-06 12:25:57 ET More on cannabis ETFs MSOS: Investors Should Exit This ETF MSOS: Cannabis Sector Consolidating Under The Radar, Looking Constructive (Technical Analysis) Cannabis Investors - What You Should Know Cannabis companies higher after Biden pa...
2024-02-03 05:30:00 ET Green Thumb Industries (OTC: GTBIF) and Aurora Cannabis (NASDAQ: ACB) are both popular cannabis stocks, but they compete in different markets and face different sets of challenges, so it's very likely that one will be a better investment than the other...
Aurora Cannabis Provides Business Update and Announces Date of Third Quarter Fiscal Year 2024 Investor Conference Call Canada NewsWire NASDAQ | TSX: ACB Re-affirms expectation of positive annual Adjusted EBITDA 1 for fiscal 2024 and Positive Free Cash Flow 1 genera...
2024-01-30 13:15:35 ET More on U.S. MSOs Alan Brochstein On Rescheduling Overexcitement, MSOs, Canada And The Burden Of 280E Trulieve's Bold Tax Strategy: A Game Changer In The U.S. Cannabis Sector Trulieve Is Cheap But Perhaps Risky HHS document shows recomm...
America was one of the first countries on the globe to adopt cannabis reform and repeal prohibitionist cannabis laws, at least at the state level. The country is now home to the largest cannabis markets on the globe and earns billions of dollars annually from fees and cannabis sales. Twenty-f...
2024-01-29 07:10:00 ET When Canada legalized adult uses of cannabis in late 2018, investors rushed to buy shares of what looked like the most promising companies in the field. Aurora Cannabis (NASDAQ: ACB) was one of the most prominent. However, like the rest of the cannabis ind...
Aurora Unveils Innovative Cannabis-Infused Ready-to-Drink Beverage in Latest Medical Product Launch Canada NewsWire NASDAQ | TSX: ACB Available at launch exclusively to Aurora's veteran patients, new products span THC, CBD and CBG offerings to meet the disce...
The federal government has released documents confirming that the U.S. Health and Human Services has recommended that the DEA categorize marijuana under Schedule III. Currently, the Controlled Substances Act classifies marijuana as a Schedule I substance, which means it has a high potential for...
2024-01-18 17:15:21 ET Canadian Cannabis Stock Forecast: Q1 2024’s Must-Watch List As we delve into Q1 2024, the Canadian cannabis market and its top marijuana stocks continue to captivate investors’ attention. This sector, a trailblazer due to Canada’s early le...
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--News Direct-- When it comes to investing in the legal marijuana industry, they don't call it the "green rush" for nothing. Many analysts are projecting massive growth for the cannabis industry. New Frontier, a Washington D.C.-based cannabis research firm, expects total U.S. legal cannabis s...
2024-07-18 05:30:00 ET To say Aurora Cannabis (NASDAQ: ACB) has faced some challenges over the years would be a huge understatement. The once-leading cannabis producer in the Canadian marijuana industry is now a shell of its former self. Instead of acquiring large cannabis compani...
The marijuana industry has been significantly hindered by Section 280E of the IRS Code , which prevents businesses dealing with substances listed in Schedules 1 and 2 of the Controlled Substances Act (CSA) from deducting regular business expenses. Although Section 280E affects federal deductio...