Why Cannabis Stocks Are Popping Off Today
Shares of cannabis companies, including Aurora Cannabis Inc (NASDAQ: ACB), Canopy Growth Corp (NASDAQ: CGC), Cronos Group Inc (NASDAQ: CRON), Sundial Grow
‘Biden To Pardon All Federal Offenses Of Simple Marijuana Possession In First Major Steps Toward Decriminalization’ – CNN
https://www.cnn.com/2022/10/06/politics/marijuana-decriminalization-white-house-joe-biden/index.html
President Joe Biden is taking his first major steps toward decriminalizing marijuana, fulfilling a campaign
Biden Announces Pardons For All Federal Marijuana Possession Convictions
President Joe Biden announced he will pardon all prior federal offenses of simple marijuana possession, the White House announced Thursday.
The pardons will also apply to anyone in Washington DC convicted of simple possession of marijuana, a senior administration official told reporters.
"No one should be in jail just for using marijuana," Biden said.
President Biden Tweets From POTUS Account “As I’ve Said Before, No One Should Be In Jail Just For Using Or Possessing Marijuana. Today, I’m Taking Steps To End Our Failed Approach. Allow Me To Lay Them Out.”
https://twitter.com/POTUS/status/1578097875480895489
Barclays Maintains Underweight on Canopy Gwth, Lowers Price Target to $2
Barclays analyst Gaurav Jain maintains Canopy Gwth (NASDAQ:CGC) with a Underweight and lowers the price target from $3.5 to $2.
‘Colorado And Washington Got More Tax Revenue From Marijuana Than From Alcohol Or Cigarettes In FY22, Report Finds’ – MarijuanaMoment
Colorado and Washington State took in more revenue from marijuana sales than from either alcohol or cigarettes in Fiscal Year 2022, according to a new report.
Another eight states saw tax revenue from cannabis outpace cigarettes, while Nevada took in more from marijuana than alcohol.
Canopy Growth Exits Cannabis Retail Business In Canada, Here’s Why
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) is divesting its retail business across Canada, including the stores operating under the Tweed and Tokyo Smoke retail banners.
Canopy Growth Announces Divestiture of Canadian Retail Operations
Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX:WEED) (NASDAQ:CGC) announced today that the Company has entered into agreements to divest its retail business
Marijuana Stock Movers For September 27, 2022
GAINERS:
HEXO (NASDAQ:HEXO) shares closed up 5.57% at $0.18
Canopy’s BioSteel Taps Another Professional Athlete – Soccer Star Alphonso Davies
BioSteel Sports Nutrition Inc., which is majority owned by Canopy Growth Corporation (NASDAQ: CGC) signed international soccer star Alphonso Davies to its growing team of athlete partners.