These days, cannabis is Colorado’s cash crop. In the three-and-a-half years since the state began allowing adults to purchase marijuana for recreational use, cannabis has contributed more than half a billion dollars in tax revenue to both state and local coffers.
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Bruce Dietzen invested $200,000 to build a sport scar with bodywork made from hemp cannabis.
In total, four marijuana stocks jumped higher by at least 10% last week. Let’s take a brief look at some of these moves.
Few stocks have skyrocketed like Axim Biotechnologies. Last year, Axim ranked not only as the best marijuana stock in terms of overall performance, but also took the top spot among all biotech stocks.
Thousands of job seekers lined up at the world’s largest cannabis career fair.
With legalized recreational marijuana sales fast approaching, San Francisco is set to create a new Office of Cannabis to handle cannabis permits and complaints and serve as a centralized resource for the public and businesses.
Here, CEOs and cannabis executives share their advice on using social media to reach customers, suppliers, investors and the press.
State House and Senate negotiators reached an agreement Monday on the state’s voter-approved Massachusetts marijuana law that would allow retail pot sales to be taxed at a maximum 20 percent rate.
According to Emily Wilson, some medical patients across the valley can’t afford the price gouge on Nevada marijuana and are turning to the streets for cheaper prices.
Well, we have news for Canadian marijuana stock investors: There’s a new threat on the horizon, at least for our neighbors to the north.
An Illinois hemp bill in the General Assembly that would allow hemp to be grown legally in the state could mark a major shift for medical marijuana growers if approved.
At a secret location in Australia’s southeast, Peter Crock delicately tends to a two-month-old cannabis cutting. Barely knee high, it is one of about 50 government-sanctioned “mother plants” to be cloned for future generations of crops for the country’s fledgling medicinal marijuana industry.
There are three different general types of marijuana stocks on the market. Some are marijuana growers. Others provide supplies to marijuana growers. Then there’s the third type: the biotechs. Zynerba Pharmaceuticals belongs to the last kind of marijuana stock.
The chief executive of licensed marijuana producer Aphria Inc. is calling on his competitors to disclose and reduce their production costs well in advance of the coming legal recreational market.
Growing marijuana is illegal in Utah and so is growing hemp — which is a close relative of pot. But, that could change. This week, the Utah agriculture department proposed allowing anyone to grow it with proper certification.
Only 51 authorized licenses have been given to suppliers of medical marijuana in Canada. Canopy Growth Corporation holds four of them.
Gov. Andrew Cuomo has signed legislation that aims to boost hemp production, as Ontario gathers public input on legalizing marijuana.
A spike of overdoses on synthetic marijuana in Lancaster County has prompted Gov. Tom Wolf to issue a warning that the problem might spread.
The next new challenge for the growing cannabis industry may be the energy required to produce the plant in indoor marijuana grows.
On June 27, Cara Therapeutics (NASDAQ:CARA), a clinical-stage biotech company with a focus on treating chronic pain and pruritus, surged to an all-time intraday high of $28.50 a share. Cara was just $73 million away from joining the $1 billon market cap ranks.
Arrests for the public use of marijuana in the District nearly tripled in 2016 and are on track to remain high in 2017, public records show.
Entrepreneur, producer and edible cannabis Elise McRoberts talks to Bay Sunday about the upcoming Norcal Canna Cuisine Gala.
There have been two interesting developments with marijuana producers Aurora Cannabis Inc. (TSXV:ACB) and Aphria Inc. (TSX:APH).
The city of Orlando has delayed a vote on whether or not to ban new medical marijuana retail outlets.
A beloved but beleaguered landscape is now sprouting new luxury greenhouses, fueled by a dream of marijuana riches that is changing the people and produce of this corner of Steinbeck Country.
Since Justin Trudeau’s election, the Canadian cannabis space has seen significant growth both in public and private sectors. The industry is gearing up for its entry into the legal recreational cannabis market set to open up by July 1, 2018.
MJIC Inc., the company behind the much-discussed Marijuana Index*, tracks U.S. and Canada-traded weed stocks and has been used as the base for the main cannabis ETFs out there. However, the media seems to have emphasized only one of the company’s multiple business segments.
Hemp, a long banned crop in the US, has great potential for North Carolina agriculture. Like the peanut, hemp has many uses in food and manufacturing.
Insys Therapeutics is one of several biotechs developing cannabinoid drugs. Unlike most of these other companies, though, Insys has already won regulatory approval for its first cannabinoid — Syndros.
Alaska’s marijuana industry has brought in more than $1 million in tax revenue since commercial sales began in October.
Sonoma County businesses are now applying for commercial marijuana permits.
The results for Canopy Growth’s stock have been terrific so far, yielding a return of over 152% since inception. The stock has been performing well despite lacklustre results and frequent losses.
Organa Brands is setting itself up to be the best and biggest nation-wide cannabis company. This multi-brand company posts top line sales of over $100 million.
Regulators approved Maryland’s first medical marijuana dispensary on Wednesday, authorizing a Frederick company to open its doors immediately even though the drug will not be available for months.
In New York, recreational marijuana-use is still illegal, but some New York lawmakers think that it is close to changing.
The Auscann Group Holdings Ltd share price has continued its strong run and is up a further 6% to 46 cents today. Why has it jumped? Let’s look to find out.
The laid-back days when marijuana growers could spray crops with chemicals without fear of consequences are just about over as California prepares to deploy a strict new testing regimen, but the proposed regulations have sparked debate over claims they’ll force many pot merchants out of business.
Medical marijuana dispensaries in Las Vegas are now selling pot to anyone who can prove they are over the age of 21. The measure to legalize marijuana was approved by Nevada voters last November, and now for the first time, a torrent of Fourth of July tourists will be able to enjoy them – with some restrictions
Canadian marijuana players have been rushing to invest and take strategic positions in the new Germany medical cannabis market since late 2016, and this trend is set to continue going forward.
One decision by a major bank could mean trouble in the not-too-distant future for marijuana stocks.
The grass may be greener, or at least more lucrative, in Cincinnati than in some of the suburbs. Cincinnati city council is poised to approve cultivation and processing of medical marijuana within city limits.
MedReleaf is one of less than four dozen licensed producers and retailers of medical cannabis products in Canada. The company was founded just four years ago, and it focuses on supplying dried cannabis, cannabis oils, and cannabis oil capsules to qualified medical patients in Canada.
The legislative session in Albany officially ended last week and medical marijuana advocacy groups are wondering where one of the laws that was passed stands.
If these headsets make ordering marijuana easier, which would in turn increase sales, this technology will be another boon for marijuana dispensary stocks.
Activists who say they are tired of waiting for Utah’s conservative Legislature to pass a broad medical marijuana law launched an effort Monday to ask voters next year to pass the law.
A former steel town in Pennsylvania has turned to medical marijuana for an economic boost, taking direction from a Canadian town that made a similar move.
Aurora Cannabis Inc. today is one of the pre-eminent marijuana producers listed on the TSX Venture Exchange with a market capitalization just shy of $750 million, making it the fourth-largest marijuana stock behind only GW Pharmaceuticals PLC- ADR, Canopy Growth Corp., and Aphria Inc.
Here’s why Scotts Miracle-Gro Company, GW Pharmaceuticals, and Canopy Growth Corporation are three stocks to buy if you’ve never bought a cannabis stock.
New Nevada marijuana laws will likely turn the state known for the partying in Las Vegas, into a cannabis destination, as well.
Unlike GW Pharmaceuticals and Zynerba Pharmaceuticals, which rely on cannabinoid-based medicines to fill out the entirety of their drug-development pipelines, Arena Pharmaceuticals is one of the drug developers that have some of their pipelines devoted to cannabinoid-type therapeutics or CB agonists and other portions devoted to non-cannabinoid medicines.