-
Cannabis Stock Gainers And Losers From December 8, 2020
Tuesday, December 8, 2020 - 6:02pm | 908GAINERS: iAnthus Capital Hldgs (PINK: ITHUF) shares closed up 24% at $0.31 22nd Century Group, Inc. Common Stock (AMEX: XXII) shares closed up 21.15% at $1.89 C21 Investments (OTCQX: CXXIF) shares closed up 12.31% at $1.15 EnWave (PINK: NWVCF) shares closed up 12.09% at $1.02...
-
Was The House Vote On The MORE Act A Strategic Mistake?
Tuesday, December 8, 2020 - 2:04pm | 491On Friday, the House of Representatives voted 228 to 164 in favor of the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. The legislation — first introduced by Rep Jerrold Nadler and sponsored by Vice President-elect Kamala Harris — is poised to...
-
Home Cannabis Cultivation Continues, Despite Opposition From Many Marijuana Companies
Tuesday, December 1, 2020 - 5:39pm | 1322Home cultivation has emerged as a clear sticking point in cannabis reform across many states. While it faces pushback, including from several cannabis brands, home grow is making incremental progress in medical and adult use markets, and ushering in a variety of parameters to meet state needs....
-
Mexico's Cannabis Legalization Bill Will Boost Business, But There Are Concerns
Monday, November 23, 2020 - 11:32am | 615Mexican Senators approved a historic adult use cannabis legalization bill on Nov. 19, with an 82 to 18 vote. This doesn't legalize adult use just yet, but Mexico appears well on its way to becoming the third nation to do so and potentially the largest legal marijuana market in the world....
-
Social Equity Measures Are Crucial On Day One Of Legalization, Cannabis Advocates Say
Friday, November 20, 2020 - 2:07pm | 914While the cannabis industry celebrated five states passing reform initiatives on Election Day, advocates noticed that the bills lacked key parameters to address social equity. In New Jersey, legislators sought to quickly pass adult use legislation after voters approved the ballot question. But...
-
Regulatory Update: Mexico Senate Approves Bill; Madison Passes New Cannabis Rules; NJ Amends Licensing Bill
Friday, November 20, 2020 - 10:31am | 881Mexico Formally Says Yes To Marijuana Legalization Bill: UPDATED According to Reuters, Mexico’s Senate approved the landmark cannabis legalization bill in a landslide vote Thursday. The bill to legalize cannabis across the country was voted for by Mexican Senate Committees on...
-
Greens Girl Co. Launches With Focus On Cannabis Equality, Reform
Wednesday, November 18, 2020 - 2:46pm | 283Environmental activist Leah Thomas remains dedicated to building a more intersectional future for the cannabis industry. Her latest project is The Greens Girl Co., a recently launched e-commerce and resource platform that partners with artisans for unique, limited edition...
-
Indus Holdings Plans To Boost Cultivation Operations
Wednesday, November 18, 2020 - 1:20pm | 226Indus Holdings Inc. (CSE: INDS)(OTCQX: INDXF) revealed Thursday it has signed a letter of intent to lease a facility to accommodate expanded growing activities. The California-based cannabis company noted that the letter of intent considers a lease for 20 years plus an extension option of...
-
Marijuana Mom Petitions NJ Gov For Rec License, Fears Small Businesses Will Be Overlooked
Wednesday, November 18, 2020 - 10:50am | 451Cannabis legalization in New Jersey doesn’t necessarily alleviate the industry of its troubles. Recently, Garden State residents voted in favor of marijuana legalization. Cannabis entrepreneurs like Debi Madaio are now faced with a new hurdle: attaining a recreational license....
-
The MORE Act Gets A December Vote, But Don't Expect Much Else For Now
Wednesday, November 11, 2020 - 1:22pm | 802After the five-state ballot initiative sweep, marijuana's momentum kipped up after receiving a minor gut check in September when the House of Representatives punted a vote on the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act to the lame duck session. The lingering questions...
-
Regulatory Update: Miss. Officials Denounce Cannabis Lawsuit, Texas Lawmakers Eye 2021
Tuesday, November 10, 2020 - 3:47pm | 487Mississippi officials want to disqualify the state's cannabis reform measure after 74.1% of voters said yes to medical legalization. The appeal isn't because they oppose reform. The reform measure, they claim, was unlawfully placed on the ballot (h/t Marijuana...
-
Al Harrington: Pot's Path To Legalization Is Plagued By 'One Major Issue'
Monday, November 9, 2020 - 6:30pm | 962Last week, marijuana legalization initiatives passed in five states: Arizona, Mississippi, New Jersey, Montana, and South Dakota. Stocks such as Aurora Cannabis (NYSE: ACB) and Tilray (NASDAQ: TLRY) absolutely surged in the days that followed. Many cannabis pros also...
-
Ayr Strategies Makes An Arizona Play On Heels Of Adult-Use Vote
Wednesday, November 4, 2020 - 12:35pm | 401Ayr Strategies (OTCQX: AYRSF) has recognized Arizona’s marijuana market potential. The Toronto-based cannabis company purchased a vertically integrated operation in the Copper State that includes both growing and processing facilities as well as three licensed dispensaries. The transaction...
-
Mississippi Voters Choose Initiative 65, Clearing Medical Marijuana's Path To Market
Wednesday, November 4, 2020 - 3:57am | 246More than 609,000 voters in Mississippi — 74.1% — have voted in favor of medical marijuana. The total number of votes hovered 822,000. Per the New York Times, medicinal cannabis would become legal in the Magnolia State for people with debilitating medical conditions. For the...
-
Arizona Voters Approve Proposition 207, Legalizing Recreational Cannabis
Wednesday, November 4, 2020 - 2:02am | 381A majority of Arizona voters have voted "yes" for recreational cannabis. According to the New York Times and The Associated Press, more than 1.4 million of the state's voters — 59.9% — have approved Proposition 207. The move expands the Copper State...