If you were a marijuana stock investor in 2019, chances are you couldn't wait for the year to end. Despite galloping to incredible gains during the first quarter, pot stocks spent the remaining nine months of the year in a precipitous downtrend. When the curtain closed on 2019, most cannabis stock were at or near their yearly, or multiyear, lows.
For most of its history marijuana has been deemed not safe for work. But as attitudes and uses for marijuana change, some positive ripple effects are finding their way into the office.
In states with strong medical marijuana policies, that future may already be unfolding, suggests new research.
Colorado farmer James Bennett has been growing industrial hemp since 2014. Last year he raised 1,000 acres of industrial hemp across seven states. With several growing seasons under his belt and experience as a seedsman, his goal is to compress the learning curve for farmers who want to follow in his footsteps.
As US support for marijuana legalization continues to grow during a portentous election year, it’s important for voters to know where their lawmakers stand on the issue.
That’s why the cannabis reform group NORML sees fit to release an annual scorecard ranking America’s governors based on their track record of supporting cannabis reform efforts.
Andrew Willis: While Canada was collecting all the attention of cannabis investors looking to take advantage of legalization, the seeds of a sizeable marketplace were being planted down South.
Do you know what’s in your weed? For the majority of cannabis consumers, the answer is a resounding no—despite claims from dispensaries, cultivators, or makers of derivative goods (i.e. edibles, topicals, and tinctures).
The coalition of more than 30 national and state cannabis industry organisations sent the letter to Senate Banking Committee Chair Mike Crapo, urging him to advance the House-approved version of a bill aimed at addressing the state-legal cannabis industry’s lack of access to banking and other financial services.
The state of Illinois racked up nearly $40 million in adult-use cannabis sales in the first month of legalized recreational marijuana sales, the Department of Financial and Professional Regulation announced Monday.
According to data released by the state, sales totalled $39,247,840.83 for the month of January. Over 970,000 items were sold by dispensaries across the state, according to the report.
