legal weed

Thailand's Prime Minister Srettha Thavisin plans to re-criminalize cannabis, reversing the 2022 decision. This may lead to public protests. Thailand’s Prime Minister Srettha Thavisin has declared his government’s intention to re-criminalize cannabis by the end of 2024, undoing the...

By Natán Ponieman via El Planteo. Businesses that sell weed on the street? Cannabis stocks? What are you talking about? No, it is not science fiction. Depending on what country you are in, the progress of cannabis legalization is in very different stages. Therefore, some readers may be...

Cannabis industry business social network Leafwire has completed an investment round of $1 million, Benzinga has learned. Using popular crowdfunding platform Seedinvest, Leafwire was able to secure the funds in the form of a convertible note and promote the raise through an aggressive...

Washington, D.C. lawmakers may take certain steps and prepare for the possibility of a legal adult-use market in the city, despite the federal ban on marijuana.  That's according to the Government Accountability Office, which published a letter Monday stating that city...

Despite the Covid-19 pandemic disrupting just about every type of business — especially retail — the legal weed sector saw a sales uptick throughout 2020. According to analytics firm BDSA, total cannabis sales last year hovered $21.3 billion across the globe. ...

On the heels of launching a $100 million private equity cannabis fund, five-time NBA All-Star Chris Webber and JW Asset Management head Jason Wild spoke to Benzinga to discuss the importance of their endeavor as well as what's to come in cannabis and beyond. Scroll down to watch the ...

Former Eaze Technologies Inc. CEO Jim Patterson has pleaded guilty to one count of conspiracy to commit bank fraud. Patterson attempted to deceive banks into processing more than $100 million worth of credit and debit payments for cannabis-related purchases, according to Law360. A trial is...

Congress Members Ask President Biden To Pardon Federal Cannabis Offenses Thirty-seven members of Congress have issued a letter to President Joe Biden, asking for a blanket pardon to those with federal nonviolent cannabis-related offenses. (h/t NORML) The letter was first signed by...

Most states have passed some type of cannabis reform — only six consider it fully illegal. Yet, on the federal level, the marijuana prohibition has yet to be repealed. Lawmakers continue to drag their feet, with just incremental progress taking shape in the 116th Congress. Sources...

Companies that commercially produce, sell, and profit from cannabis typically have white business owners at the helm. Curaleaf Holdings Inc. (OTCQX: CURLF), one of the industry's largest players with a market cap hovering $11 billion, is hoping a new initiative can...

The Florida cannabis market is "quickly consolidating" and, while sequential growth has slowed, fourth-quarter flower volumes spiked 190%, according to Cantor Fitzgerald. The Thesis: "The state’s med market remains underpenetrated vs. other med markets (one-third AZ...

GAINERS: Australis Capital (OTCQB: AUSAF) shares closed up 37.19% at $0.21 KushCo Holdings (OTCQX: KSHB) shares closed up 25.29% at $1.09 Primo Nutraceuticals (PINK: BUGVF) shares closed up 25.89% at $0.60 Vireo Health Intl (OTCQX: VREOF) shares closed up 23.82% at $1.82...

GAINERS: Zenabis Global (PINK: ZBISF) shares closed up 30.86% at $0.05 Canopy Rivers (PINK: CNPOF) shares closed up 18.2% at $1.09 Grindrod Shipping Hldgs (NASDAQ: GRIN) shares closed up 17.08% at $4.80 AusCann Group Holdings (PINK: ACNNF) shares closed up 14.4% at $0.14...

No longer reeling from a bear market, the American cannabis industry appears poised to continue its growth throughout 2021. Some states stand out to investors more than others due to strong performances and first-year potential. According to Headset Data Analyst Cooper Ashley, sales from...

Cannabis consumer packaged goods company, 1933 Industries Inc. (OTCQX: TGIFF) reported Tuesday it has generated roughly CA$2.7 million ($2.1 million) in revenue over the first quarter of fiscal 2021. That’s a sequential increase of 13%. “During the first quarter of 2021, tremendous...