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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 10:24:11 ET Summary Despite continued market challenges for the cannabis industry, InterCure's revenue continues to grow year-on-year and, more importantly, quarter-on-quarter to NIS 105.6 million in Q4 2022. InterCure's total comprehensive profit was NIS 43.7 million i...
2023-03-29 17:00:00 ET Summary Bengal Capital's Jerry Derevyanny moved away from top multi-state operators (MSOs) to find the most value. Why EBITDA falls short as a useful metric to measure cannabis stocks. 280E tax a dangerous way to underwrite the industry. ...
2023-03-29 12:59:34 ET The Delaware Senate on Tuesday approved a pair of House bills that legalize the possession of marijuana and set up a marketplace for legal cannabis sales. The bills now go before Gov. John Carney (Dem.). The legalization legislation and the marketplace l...
2023-03-22 17:00:00 ET Summary Ascend Wellness is one of the MSOs that analysts have recently been discussing on Seeking Alpha and championing on this podcast. CFO and interim co-CEO Dan Neville joins us to discuss looking for new leadership and what investors should be looking at...
2023-03-17 15:21:28 ET A coalition that includes several of the US' largest multi-state operators has sued the New York State Office of Cannabis Management over restrictive marijuana dispensary licensing. Currently, only individuals with a prior cannabis offense or a non-profit ca...
2023-03-17 14:36:35 ET The New Hampshire House of Representatives approved legislation Thursday that legalizes marijuana with hardly any regulations or restrictions. The bill remove marijuana from the state's controlled substances list. It also removes provisions in statutes that appl...
2023-03-15 17:00:00 ET Summary Pelorus Equity Group's Rob Sechrist shares valuable advice for retail investors in the cannabis space. Scale is not the ultimate driver of cannabis companies. Outliers in California cannabis. Cannabis investing in a deflationary environment. ...
2023-03-08 10:54:45 ET By a 62% to 38% margin, voters in Oklahoma have rejected a ballot initiative that would have legalized adult-use marijuana in the state. The initiative would have allowed adults 21 and over the right to possess marijuana for recreational use. It would ha...
2023-03-07 17:16:11 ET Legislation that would legalize marijuana passed in the Delaware House of Representatives and the Hawaii Senate on Tuesday. The Delaware bill passed by a 28-13 vote. It will now go before the state's Senate. The Hawaii bill passed on a 22-3 vote. Marij...
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The cannabis sector saw a notable upswing on Tuesday on news that the Drug Enforcement Administration's (DEA) historic decision to align its s...
Several cannabis stocks are well off their lows for the day and trending higher Wednesday afternoon. Here’s a look at what’s going on. ...
Floridians are set to vote on a recreational marijuana constitutional amendment in November. Several key cannabis players are preparing accordingl...