The Cannabis ETF (ARCA: THCX) is down roughly 62% year-to-date, as emerging markets have received the biggest brunt of the market downfall since the beginning of the year.
Senate Majority Leader Chuck Schumer said that Congress is getting “very close” to introducing and passing a marijuana bill with provisions that will cover banking access for legal businesses and expungements of past cannabis convictions. He also cited that he’s making progress in discussions with a “bunch of Republican senators.”
Halloween is prime spooky season, but for most investors, all of 2022 has been quite scary. Stocks across the board have taken substantial hits this year, with cannabis particularly affected.
Cannabis' surging pandemic performances have been dashed mostly. Now, Fed uncertainty looms while profitability continues to elude most operators, from MSOs to the ancillary market.
New Jersey Lawmakers Approve Bill To Let Marijuana Businesses Claim State Tax Deductions As Partial 280E Workaround - Marijuana Moment
The New Jersey Assembly has approved a bill that would allow licensed marijuana
Nevada Judge Orders Board Of Pharmacy To Remove Marijuana From Schedule I Under Agency's 'Unconstitutional' Code - Marijuana Moment
A Nevada judge has ruled that the Board of Pharmacy’s classification
With yet another earnings season ahead, Cantor Fitzgerald's analyst Pablo Zuanic proffered some insight into what to expect from one of the largest cannabis MSOs in the U.S. in the upcoming third quarter.
Canadian cannabis giant Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) announced its intention to consolidate in the US via a new holding company dubbed Canopy