The Week In Cannabis: Justice Clarence Thomas, Mexico’s Decriminalization, Apple’s Policy Changes, Tilray And More
Below is a recap of the main news related to the cannabis industry and markets for the week of June 28, 2021.
Understanding AdvisorShares Trust AdvisorShares Pure US Cannabis ETF’s Unusual Options Activity
On Friday, shares of AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (NYSE:MSOS) saw unusual options activity. After the option alert, the stock price moved down to $40.36.
The Week In Cannabis: CT Goes Legal, O’Brien Smokes On TV, A New Extraction Giant And More
In another busy week, cannabis stocks traded up, outperforming general markets.
Over the five trading days of this week:
The Week In Cannabis: Federal Drug Decrim, Connecticut, Louisiana, Big M&A Moves And More
U.S. House Reps Bonnie Watson Coleman (D-NJ) and Cori Bush (D-MO), in collaboration with the Drug Policy Alliance, introduced the Drug Policy Reform Act (DPRA): a bill seeking to end criminal penalties for drugs possession at the federal level.
The Week In Cannabis: Federal Research Bill, George Lopez, Brazil, Morocco, Columbia Care And More
As we near the end of the first half of 2021, we can see cannabis stocks traded mostly up by double digits, with the Amplify Seymour Cannabis ETF (NYSE: CNBS) delivering gains of more than 50% year-to-date.
This week, however, stocks posted mixed performances.
The Week In Cannabis: Stocks Trade Up On Federal Bill (MORE Act), Earnings, Big M&A
Cannabis stocks traded up this week, aided by strong earnings reports, big M&A announcements and the reintroduction of the Marijuana Opportunity Reinvestment and Expungement Act (MORE) into Congress, after the previous year's version failed to pass the Senate.
AMC & GME are Not the Only Reddit Penny Stocks to Buy According to Top Wall Street Analysts
If you’re looking for penny stocks to buy right now, I’m sure you’ve seen plenty of attention placed on social media, namely Reddit.
The Week In Cannabis: Earnings, Financings, M&A, Cookies U, DEA, DJ Khaled, And More
In an earnings-heavy week, cannabis stocks experienced considerable volatility.
The Week In Cannabis: Trulieve’s $2.1B Acquisition, New ETF, Earnings, Federal Legalization And More
In a week of big M&A news and mixed earnings reports, cannabis stocks traded mostly down.
Credit Suisse Halts US Cannabis Stock Transactions, Ends Custodial Service: Report
Credit Suisse Group AG (NYSE: CS) has stopped handling transactions in shares of cannabis companies with U.S.