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Tasos Katopodis/Getty Images News In an afternoon news conference, Senate Majority Leader Chuck Schumer (D-N.Y.) said that as it stands now, there aren't enough votes to pass the Cannabis Administration and Opportunity Act, a bill that would federally legalize marijuana. Schumer emphasized th...
Investors looking to buy stocks often aim to beat the broader markets on a consistent basis. The best way to achieve this goal is to add quality growth stocks to your portfolio. You need to identify companies that are part of rapidly expanding markets allowing them to increase the top-l...
strelov/iStock via Getty Images A draft version of a bill that would legalize marijuana on the federal level would remove cannabis from the federal list of controlled substances, and move its regulation from the Drug Enforcement Administration, Marijuana Moment reports. Instead, the FDA, alon...
OrganiGram beat analyst revenue estimates for FQ3 as the Canadian cannabis market improved. The cannabis company is producing large EBITDA losses. The stock is expensive with a $1 billion valuation and a rather small revenue base not yet targeted to top $100 million in FY22. ...
Chip Somodevilla/Getty Images News Senate Majority Leader Chuck Schumer (D-N.Y.) will introduce a draft of legislation tomorrow that would legalize marijuana on the federal level, according to Marijuana Moment. The bill, the Cannabis Administration and Opportunity Act, will be unveiled Wednes...
Rex_Wholster/iStock via Getty Images Republican Tennessee State Rep. Bruce Griffey wants to see how voters in the state feel about medical and recreational marijuana by including three questions about them in a ballot next year, Marijuana Moment reports. The questions are: Should the State of...
Cronos has taken a "slow and steady wins the race" approach to cannabis, with an obvious eye on a fully legalized American market. The case is slowly (and unevenly) playing out, with fermentation efforts progressing and the PharmaCann deal providing a first step into the U.S. At $...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Sundial Growers (NASDAQ: SNDL ) stock remains one of the most controversial penny stocks out there. Sundial is a small unprofitable cannabis company trading just under a dollar per share. Normally, that sort of compan...
Are These The Top Weed Stocks To Buy In 2021? With the current hype around the marijuana industry across the board, weed stocks in 2021 continue to gain momentum. This would be the case as the broader stock market continues to hold on to most of its gains from last week’s...
iQoncept/iStock via Getty Images In a policy update last month, Apple ([[AAPL]] -0.6%) has allowed the marijuana delivery services to operate on its App Store. The pot delivery services will no longer be barred from being hosted on the App Store as long as the app is geo-restricted to areas w...
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TORONTO, July 22, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announces that at its Annual Meeting of Shareholders (the “Meeting”) reconvened July 19, 2024, approximately 98.6% of shareholders voting i...
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,...