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2023-05-04 15:10:16 ET Sen. Sherrod Brown (D-Ohio), chairman of the Senate Banking Committee, on Thursday said a hearing on the SAFE Banking Act could come as soon as May 11. "We're gonna move quickly on it," NBC News reported him as saying. Attempts to pass the legislation, whi...
2023-05-01 14:27:58 ET Although states where marijuana is legal brought in ~$3.8B in tax revenue in 2022, that was a slight decrease from the prior year, the first time that has happened. In 2021, states raked in ~$3.9B in cannabis tax revenues, according to a new report from the Mariju...
2023-04-30 12:00:07 ET Cannabis analytics firm New Frontier Data sees brighter days for the U.S. pot industry, projecting $71B of legal marijuana sales in 2030 if the current trend in state-level legalization continues even without legal immunity at the federal level. While 21 U.S. stat...
2023-04-28 13:13:55 ET House Speaker Kevin McCarthy (R-Calif.) has agreed to allow committee debate and a vote there on a bill that would legalize marijuana on the federal level. Marijuana Moment reported that Rep. Nancy Mace (R-S.C.) was able to secure the assurance. She is the sponsor...
2023-04-27 07:53:51 ET Canadian Licensed Producers ((LPs)) rose in the pre-market Thursday after bipartisan Senate and House lawmakers reintroduced a much-awaited banking bill to bring reforms to the cannabis industry. Sens. Jeff Merkley (D-OR), Steve Daines (R-MT), and Reps. Dave Joyce...
2023-04-25 11:30:17 ET Are These The Top Investments In US Cannabis Industry? Are you interested in investing in the top US marijuana stocks for May? Lower prices in March and April have partially offset gains in cannabis equities from January and February. As more states legalize t...
2023-04-24 08:02:20 ET Summary Ayr Wellness is down 92.6% over the last year even as cash burn in recent quarters moderates. The company's multiple to trailing 12-month sales at 0.097x have collapsed to unfathomable lows. With its liquidity position improving in recent quarter...
2023-04-20 11:26:56 ET While many marijuana enthusiasts will be toking up Thursday in honor of 4/20 Day (slang for consuming marijuana), US multi-state operators and Canadian cannabis licensed producers (LPs) might not be as happy. That's because the stock prices for companies in bo...
2023-04-20 07:00:00 ET Summary Ayr Wellness CEO David Goubert discuses working through debt and strategizing for positive free cash flow. Pricing, margins and inventory. Integrating acquisitions; updates on Florida and Nevada. Happy 4/20 to our CanPod community! ...
2023-04-19 11:36:57 ET 2 Marijuana Stocks For Cannabis Investing Today Some marijuana stocks have recently seen an increase in up-and-down trading. This has allowed some shareholders to capitalize on the momentary rise. For the other marijuana stocks in the sector, it’s been ...
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2024-07-21 01:00:42 ET Best US Marijuana Stocks to Add to Your Watchlist This August The cannabis industry and marijuana stocks are burgeoning, attracting investors keen to tap into its growth potential. The sector has seen a remarkable expansion over recent years, driven by increas...
2024-07-11 09:30:47 ET Cannabis Industry Boom: Best Marijuana Stocks to Watch Now Investors are increasingly turning their attention to the booming US cannabis industry. The market is projected to reach $41.5 billion by 2025, reflecting a robust annual growth rate. Recent news about pot...