Mike Gorenstein

Shares of Cronos Group Inc (NASDAQ: CRON) soared 25 percent Friday morning after the Canada-based cannabis company confirmed it received a C$2.4 billion ($1.8 billion) investment from cigarette company Altria Group Inc (NYSE: MO). Rumors of a potential acquisition between the two companies were...

A four-day week shortened by Labor Day still brought substantial news in the cannabis sector.  “Even though this week was a shortened trading week, there were still lots of financial deals happening. Cronos Group agreed to a partnership with Gingko Bioworks that could be worth $122...

This has been yet another busy week for cannabis companies. The United States Marijuana Index, which tracks 17 of the largest marijuana stocks in the U.S., closed the week roughly flat. Meanwhile, the North American Marijuana Index, which also includes Canadian stocks, posted gains of approximately...

It was a turbulent week for cannabis stocks in the U.S., however, it was Canadian equities that experienced the most volatility, largely due to the publication of Health Canada’s document on legal cannabis packaging, marketing and retail, and the later vote of Bill C-45, also known as ...