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Canadian Cannabis Companies Ask to Be Included in Ottawa's Coronavirus Aid Package

More than 70 companies and organizations involved in the nascent industry have sent an official letter to Canadian officials.

A large group of Canadian marijuana companies are banding together to lobby for financial aid from their government, according to numerous reports in the media. They hope to be included in a planned 82 billion Canadian dollar ($57 billion) rescue package aimed at mitigating the economic damage caused by the SARS-CoV-2 coronavirus outbreak.

Can pot legalization pass in New York while the state reacts to the coronavirus?

Albany lawmakers still disagree with Cuomo on how to use tax revenues from pot sales.

As the coronavirus crisis continues to rage in New York, state lawmakers have returned to Abany intent on passing a budget, which is due April 1. Given the pandemic, many lawmakers are hoping to reach a deal sooner rather than later. But despite calls from numerous sources that the state pass a bare-bones budget – devoid of the usual big-ticket legislative items that find their way into the spending bill – Gov.

Cannabis Stocks Outperformed Broader Equity Markets Last Week

Last week, the global financial market witnessed a sell-off due to concerns about the spreading coronavirus and its impact on the global economy. The S&P 500 Index and the Dow Jones Industrial Average fell by 15.0% and 17.3%, respectively. Last week was the worst week since October 2008. However, the cannabis sector fared better than the broader equity markets.

Can marijuana dispensaries stay open during Colorado’s coronavirus crisis? It depends.

While dispensaries are exempt from cutting 50% of their staff like other “non-critical” businesses, many are changing operating procedures

Colorado Gov. Jared Polis deemed marijuana dispensaries “critical” retail businesses in an executive order Sunday urging employers to reduce their in-person workforces, meaning they would stay open if other industries were forced to shutter to mitigate the spread of coronavirus.

The Best Marijuana Stocks to Buy During the Stock Market Crash

They're profitable. They have solid business models. And they even pay attractive dividends.

Let me acknowledge right out of the gate that "best" is a relative term. The reality is that nearly every marijuana stock has been crushed during the coronavirus-fueled stock market crash. But some stocks have weathered the storm better than others. And some are better picks to buy while the market downturn continues.