Bullish Day For Marijuana Stocks – Top Movers For October 19, 2021
GAINERS:
Tilray (NASDAQ:TLRY) shares closed up 15.79% at $11.66 with an estimated market cap of $5.4B.
How Recreational Markets Tend To Perform Post Legalization in Illinois, Michigan, Massachusetts and Arizona
Amid the green wave expected in the northeast including New Jersey, Connecticut, New York and Virginia, Pablo Zuanic, analyst at Cantor Fitzgerald reviewed economic trends in four states that have legalized the recreational use of cannabis: Illinois, Michigan, Massachusetts and Arizona.
Cannabis Social Equity Organizations Receive Over $200K In Grants From GTI
Green Thumb Industries Inc. (GTI) (CSE: GTII) (OTCQX: GTBIF) recently announced the first group of nonprofit organizations to receive funding as part of its Good Green Grant Program.
Piper Sandler’s Michael Lavery Shares Cannabis Industry Projections, Names ‘The Real Key Catalyst To Watch’
The U.S. cannabis market has the potential to reach $115 billion by 2030, while last year regulated sales in the country have hit $17.5 billion, according to Michael Lavery, a director and senior research analyst covering consumer staples and cannabis for Piper Sandler.
Why MSO Uplistings Could Be The Next Major Cannabis Stock Catalyst
Optimism surrounding timely U.S. federal cannabis legalization by Democrats in Washington has faded throughout 2021, and so too have early-year gains among many popular cannabis stocks.
Marijuana Stock Movers For October 8, 2021
GAINERS:
Leviathan Natural Prods (OTC:LVCNF) shares closed up 14.86% at $0.52 with an estimated market cap of $43.9M.
Green Thumb Industries Reopens Newly Expanded Rise Mundelein Cannabis Dispensary
Cannabis consumer packaged goods company Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) and owner of Rise Dispensaries said Thursday that it will host a grand reopening for its newly expanded retail store, Rise Mundelein, on Saturday, October 16.
Outperforming Cannabis Stocks Without Federal Legislation: These Top MSO Picks Will Surprise You
As mentioned last week, we feel federal cannabis legislation is unlikely to come this year with a more realistic timeframe for legislation being next Summer or Fall when Democrats have a better sense of where they will stand coming out of the mid-term elections.
Cantor Lowers Price Target On Trulieve Post Harvest Merger Projecting Disrupted Near-Term Performance
Trulieve Cannabis Corp (OTCQX: TCNNF) confirmed Friday that it had
Bill To Repeal Marijuana Prohibition Passes Critical House Committee
Members of the House Judiciary Committee on Thursday afternoon advanced