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2023-10-26 08:41:30 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cannabis stocks have remained depressed for an extended period and have been investor wealth destroyers. Regulatory headwinds have been the key reason for stocks underperforming. Other importan...
TORONTO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2023 third quarter earnings conference call on Wednesday, November 8, 2023 at 8:30 a.m. ET. Cronos’ senior management team will disc...
Canada legalized recreational cannabis in October 2018 via the Cannabis Act and allowed the cultivation, production, import, export, distribution, purchase, sale and consumption of recreational cannabis by legal adults. The country’s cannabis industry reached $4.4 billion in value in 2...
2023-10-24 16:00:03 ET Cannabis Opportunities: Canadian Stocks Set to Shine in November Investors and traders in the Canadian cannabis market are closely monitoring the leading Canadian cannabis stocks as November draws near. Recent years have seen a substantial increase in the lega...
2023-10-21 23:41:20 ET Summary Altria Group is expected to announce financial results for Q3 of its 2023 fiscal year, with analysts predicting a decline in revenue compared to the previous year. The company's market share for cigarettes continues to drop, and declining smoking rat...
The Federal Census Bureau has unveiled its inaugural report on state-level cannabis tax revenue data . The report reveals that states raked in more than $5.7 billion from regulated marijuana sales over the span of 18 months, starting in July 2021 and ending in December 2022. This report's launch...
2023-10-17 15:45:49 ET Monthly output from the Canadian cannabis sector has dropped to $10.8B in July after peaking at $11.6B in November 2022, new research from Statistics Canada indicates as the country marks five years since marijuana legalization. Marijuana use among Canadians has c...
2023-10-13 07:30:28 ET Canadian Marijuana Stocks to Monitor Mid-October As we enter the fourth quarter of 2023, investors looking for possibilities in the rapidly growing global cannabis market continue to focus on Canadian marijuana stocks . The cannabis sector has expanded signifi...
California legislators have approved a series of marijuana-related bills in their just-concluded session. The bills cover various aspects of the industry and have garnered significant attention, particularly from industry professionals. During the session, several cannabis-related laws were int...
2023-10-06 13:07:56 ET Investors Could Make Money From These Marijuana Stocks Marijuana stock investors are keeping their eyes open for a chance to take profits. For some time the level of volatile trading has made it tough to do so. Although it has its pros and cons there has been ...
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The organizers of a new ballot initiative in North Dakota to legalize recreational cannabis submitted their petition signatures on July 5, 2024. This step sets the stage for another potential statewide vote on a matter that voters and state lawmakers have previously turned down. Steve Bakken,...