Marijuana Stocks & Publicly Traded Cannabis Companies


Why cannabis businesses are hiring former politicians and regulators to move the industry’s lobbying efforts ahead

Marijuana businesses are increasingly bringing on former national and state politicians and regulators to help them navigate the ever-changing landscape surrounding cannabis legislation and related lobbying efforts as they look to move the industry forward. Earlier this month, for example, Maryland-based Green Leaf Medical announced it hired Joy Strand, a former executive director of the state’s Medical […]

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Week in Review: IL adult-use marijuana stores face shortages, Michigan early recreational MJ sales near $6.5M, Harvest pivots on deals & more

After the Jan. 1 launch, some Illinois adult-use cannabis retailers have cut off customers temporarily to conserve inventory, recreational marijuana sales in Michigan hit almost $6.5 million in first month, Harvest Health & Recreation looks to terminate an acquisition – and more of the week’s top MJ business news. Huge rec sales in Illinois lead to some shop closures The […]

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Some marijuana firms turn to small investor opportunities in tight funding climate

Cannabis companies in the United States currently face a tough environment in terms of raising money. However, as an example of how marijuana businesses are looking to address this funding challenge, one California producer is turning to mom-and-pop investors as opposed to venture capital. Goldenseed, a privately owned Santa Cruz-based cultivator and processor, said it […]

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Multistate cannabis operator MedMen reveals another round of layoffs

Vertically integrated marijuana company MedMen, one of the most high-profile cannabis retailers in the U.S., announced more layoffs on Wednesday. “This week, the company provided layoff notices to an additional 20% of its corporate-level employees,” MedMen said in a news release. “In total, over the past 30 days, the company has strategically reduced its corporate […]

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New York Stock Exchange warns cannabis producer CannTrust its listing in danger

CannTrust Holdings said the New York Stock Exchange has notified the Canadian marijuana producer that its stock price had fallen below the $1-a-share threshold required to continue trading on the Big Board. The Vaughan, Ontario-based company said in a news release it has six months to regain compliance. In the meantime, CannTrust’s stock, which trades […]

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New Colorado law boon for cannabis capital, but concerns remain for minority businesses

Colorado Gov. Jared Polis was lauded in May when he signed into law legislation allowing outside money to be invested in the state’s cannabis industry. Since the law went into effect Nov. 1, outside capital has already begun flowing into Colorado marijuana businesses. For example: Denver-based Medicine Man Technologies through the year announced an almost […]

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Why some marijuana firms are rebranding in response to cannabis industry’s changing business climate

As the cannabis industry has moved to shed the “stoner” stereotype many have held of its consumers, several marijuana businesses are rebranding themselves via name changes and other steps to try to reflect the companies they’ve become.  Whether the decision revolves around an initial public offering (IPO), including Akerna’s, or the acquisition of multiple dispensaries such […]

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Cresco terminates VidaCann acquisition, highlighting cannabis industry’s focus on saving cash

Chicago-based multistate cannabis operator Cresco Labs said it is ending its agreement to buy Florida’s VidaCann, becoming the latest U.S. marijuana M&A deal to unravel and highlighting the steps companies are taking to navigate a rocky business environment. Cresco’s decision, in particular, sheds light on how marijuana companies are scrambling to save money and refocus […]

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Week in Review: Landmark cannabis vote by US House committee, first MI adult-use licenses, vitamin E acetate vape additive bans & more

A key U.S. House panel makes history by passing a federal cannabis legalization bill, Michigan reveals its first adult-use license winners, two states finalize bans on vitamin E acetate as an additive in vaporizer products and more of the week’s top cannabis news. Panel casts first-ever US House vote to federally legalize MJ In a […]

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