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2023-05-31 05:35:46 ET Summary Cannabis companies face challenges in obtaining funding, advertising, and scaling, as well as potential declines in edibles' popularity due to DEA restrictions on delta-8 drugs. Possible comeback opportunities include increased research on cannabis b...
2023-05-12 08:00:21 ET Best Long-Term Investments In Cannabis For 2023 Do you intend to invest in the top marijuana stocks for the long term? Given the market volatility associated with the top cannabis stocks to watch, it may be tough to locate long-term investments with a general ...
2023-05-08 14:00:20 ET Senate Majority Leader Chuck Schumer (D-N.Y.) said that a bill that would allow legal cannabis companies to do business with U.S. banks.will make it to the Senate floor, though with social justice reforms and criminal expungement language attached. Schumer made th...
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...
2023-04-14 14:19:24 ET Speaking at a panel discussion at Tufts University, Sen. Cory Booker (D-NJ), who has long championed the federal legalization of cannabis, called marijuana a “dangerous” drug that requires further research. “This is a drug, and I think it ...
2023-04-06 17:30:24 ET Best Cannabis Stocks For Investors In 2023 Do you aim to make long-term investments in the best marijuana stocks? Given the market volatility associated with the best cannabis stocks to watch, finding long-term investments with a general feeling of stability may b...
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2024-01-19 07:30:51 ET The Leading Cannabis ETFs to Consider in 2024 Cannabis ETFs are garnering attention in 2024 as the industry shows promising growth. Key players like MJ, MSOS, and CNBS dominate this sector. These ETFs offer diversified exposure to cannabis-related stocks. This...
2023-10-27 07:30:02 ET Q4 2023’s Cannabis ETF Leaders: Where to Invest The cannabis sector continues to entice investors with its prospects for expansion and financial success as we take on the last quarter of 2023. Cannabis Exchange-Traded Funds (ETFs) have become popular for in...
2023-09-15 07:30:42 ET Top Marijuana ETFs for September 2023 In 2023, the cannabis industry and top marijuana stocks are blazing a trail of exponential growth, presenting investors with a unique opportunity to tap into this flourishing sector. As regulatory landscapes evolve and soc...