CURLF - Spark Newswire

2 minute read

Illinois’ Recreational Cannabis Sales Hit Record-Setting $1.5B In 2022

Today, 6:40 AM

The Illinois Department of Financial and Professional Regulation (IDFPR) announced that 2022 set adult-use cannabis sales records in all categories it tracks, including the number of items sold, sales totals to Illinois and out-of-state residents, and sales total by month, reported NewsChannel20.

CCHWF

2 minute read

Cannabis MSOs Using Tax Liability Loopholes To Fund Operations, Which Ones Top This Analyst’s List?

By Jelena Martinovic

Today, 6:40 AM

Federal prohibition makes it difficult for a cannabis business to operate fair and square. Not only is it depriving them from access to the financial system, but it also denies them the right to any U.S. federal income tax deduction for ordinary and necessary business expenses, despite being recognized as a legal business on the state level.

CSE:CURA

2 minute read

Sit Tight And Hang On To Your Cannabis Stocks, Analyst Talks Momentum & Who Will Come Out On Top

By Joana Scopel

Today, 6:40 AM

Cantor Fitzgerald's Pablo Zuanic says the U.S. cannabis industry has great value but is in a tight and defined investable pool.

CGC

2 minute read

Ardelyx To Rally 160%? Here Are 10 Other Price Target Changes For Friday

By Lisa Levin

Today, 6:40 AM

Citigroup raised Ardelyx, Inc. (NASDAQ: ARDX) price target from $6 to $7. Citigroup analyst Yigal Nochomovitz maintained a Buy rating on the stock. Ardelyx shares rose 9.4% to $2.7685 on Friday.

AGRX

3 minute read

New York On Track To Become Next Cannabis Capital, But State Sen. Warns Not To Imitate California

By Jelena Martinovic

Today, 6:40 AM

The first adult-use cannabis sales in New York began on Dec. 29, nearly 20 months after former Gov. Andrew Cuomo signed recreational marijuana into law.

ACRDF

4 minute read

Russian Billionaire Formerly Close To Putin Secretly Poured Money Into US Cannabis, Leaked Documents Show

By Nina Zdinjak

Today, 6:40 AM

Russian billionaire and a former owner of the Chelsea Football Club, which plays in the English Premier League, Roman Abramovich, has been secretly investing in cannabis companies for years.

CURLF

3 minute read

Illicit Cannabis Undercutting Legal Market Big Time: Who’s To Blame? Let’s Ask Congress

By Maureen Meehan

Today, 6:40 AM

Cannabis companies have been ready to launch their products for several years, chomping at the bit actually. Cannabis consumers have been ready to buy their products for even longer, but they’re tired of waiting so they’ve turned to the illicit market.

CGC

1 minute read

Cannabis Stock Movers For December 23, 2022

By Benzinga Insights

Today, 6:40 AM

GAINERS: Trulieve Cannabis (OTC:TCNNF) shares closed up 14.05% at $7.58 Curaleaf Holdings (OTC:CURLF) shares closed up 10.00% at…

CARA

3 minute read

Get Ready For Holidays! Here’s Where You Can Buy Legal Weed These Days: NYC’s First Rec Shop & More New Stores

By Jelena Martinovic

Today, 6:40 AM

Big Apple's First Rec Marijuana Store To Kick Off Sales Housing Works Cannabis Co plans to launch cannabis sales at its Manhattan-based store next week.

CSE:CURA

2 minute read

Theraleaf Cannabis Dispensary Fined $50K For Pesticide Violations As Rash Of Weed-Related Lawsuits Continue

By Vuk Zdinjak

Today, 6:40 AM

Relentless Enterprises Inc., a licensed cannabis dispensary doing business as Theraleaf, reached a civil settlement with Santa Clara County District Attorney’s Office, for using a pesticide that was not approved for cannabis while growing weed at its San Jose facility between May and July 2020,

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