Content creators are expected to bolster their brand while also walking a fine-line of rules so that their posts and accounts don’t get deleted. Every company hopes to avoid the dreaded “shadowban”, which refers to when Instagram, Facebook, or TikTok restricts posts from your followers and hides your posts from appearing on hashtags. Shadowbanning dramatically decreases your page’s ability to be discovered by new followers.
Since legalization, cannabis stocks sunk to lower and lower lows. It seemed as though not only had the bubble burst, but there really wasn’t anywhere that investors could see a future. That is, until the recent election and inauguration of new United States President Joe Biden.
Aurora Cannabis Inc. says it has laid off some workers after signing an agreement with an external sales broker.
The Edmonton-based cannabis company’s spokeswoman Michelle Lefler confirmed the cuts but wouldn’t disclose the number of staff impacted or what cities they were located in.
Lefler says the move was prompted by Aurora’s recent decision to hire Great North Distributors Inc. to represent the pot company in sales activities across Canada.
Canadian licensed producers added a record 220,461 kilograms of marijuana to their inventories in October 2020, according to new data offering a statistical glimpse of the country’s first large-scale “croptober” – when most of the fall outdoor harvest comes in.
The 220,461 kilograms (221 metric tons) of new cannabis is about 50% more than the previous monthly record, in October 2019, likely owing to the first outdoor yields.
After Kamala Harris was nominated to be President Elect Joe Biden’s running mate, we knew that brighter days were ahead for the cannabis industry……..and the market seemed to agree with us.
After Joe Biden was projected to win the election, the cannabis sector recorded strong moves to the upside for almost two months. Although the sector has come off its recent highs, we believe the recent additions to President Elect Joe Biden’s cabinet send a very bullish sign to the cannabis industry.
President-elect Joe Biden will be good — but not great — for the cannabis industry, analysts, executives, and other experts say.
While Biden has stopped short of endorsing federal legalization, both he and Vice President-elect Kamala Harris, have campaigned on decriminalizing marijuana.
While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. Many of the biggest public companies, especially the technology giants, trade in the hundreds, all the way up to over $1,000 per share or more. At those steep prices, it’s pretty hard to get any decent share count leverage.
The U.S. election opened a small but noteworthy gap between Canadian and U.S. cannabis companies last week, underscoring all of the unanswered questions that investors face as access to pot spreads across the world’s largest economy.
New Jersey, Arizona, South Dakota and Montana voted to legalize recreational use last week, while Mississippi and South Dakota will allow medical marijuana. This puts about 21 million more Americans in the reach of cannabis products -- more than half Canada’s total population of 38 million.
It's the moment for which advocates of legal marijuana here have been waiting: Mexican lawmakers, working under a court order, have until mid-December to finalize rules that will make the country the world's largest market for legal pot.
Advocates have long argued that legalization would put a dent in the black market; allow for safe, regulated consumption; create jobs; and cut down on crime.