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What’s your take on COVID-19’s impact on marijuana investments?
A heavily regulated marijuana industry such as Illinois’ and the current status of cannabis in the state might be just what’s needed to deal with the coronavirus crisis and a…
News April 16
Toronto Stock Exchange to delist CannTrust shares May 6
Embattled Canadian cannabis producer CannTrust shares will be delisted from the Toronto Stock Exchange on May 6 after market close, according to a TMX Group notice.
News April 16
Cannabis technology firm Greenbits raises $23 million
California-based cannabis-technology firm Greenbits, which processes $3.7 billion in sales in more than 1,200 U.S. marijuana stores each year, raised $23 million in a financing round. Greenbits, based in San Jose,…
News April 16
Illinois cannabis license caps might bode well for new market entrants amid pandemic, economic downturn
The conventional wisdom might be that this is the worst time to launch a recreational marijuana operation from scratch. But perhaps not in Illinois, the country's newest rec market, where…
News April 16
Washington DC allows medical marijuana deliveries, curbside pickups
The nation’s capital is the latest medical cannabis market to permit dispensaries to provide deliveries and curbside pickups to patients during the COVID-19 pandemic.
News April 15
As outdoor cannabis approvals grow in Canada, COVID-19 not expected to delay planting season
Health Canada approvals for outdoor cannabis cultivation have increased by more than 25% in the past few months, and growers are bullish for now despite the COVID-19 pandemic that’s encroaching…
News April 15
How COVID-19 is affecting marijuana legalization efforts across the US
The coronavirus crisis has hurt marijuana legalization efforts in the short term, with state legislatures pivoting to focus on more pressing issues and citizen groups struggling to collect enough signatures…
News April 15
Aphria emerges as industry leader, reports fourth profitable quarter in a row
Ontario-based cannabis producer Aphria reported its fourth consecutive quarter of positive adjusted EBITDA, separating itself from competitors that raked up collective net losses exceeding CA$6 billion ($4.4 billion) in recent…
News April 15
Cannabis extractor Valens turns profit but warns of potential COVID-19 fallout
Canadian cannabis extractor The Valens Co. reported its fourth straight quarterly profit, a rarity in a sector that experienced rampant losses throughout 2019 – the first calendar year of legalization.…
News April 15
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