Although the legal cannabis industry is still in its infancy, it’s already delivering tremendous results. According to tech financial guru Michael A. Robinson, the cannabis industry has been one of the fastest growing sectors in the stock market.
Tag Archives: Elections
Newly Launched MJIC Marijuana Index Tracks Positive Third-Quarter Progress for Frontier Legal Cannabis Market
LOS ANGELES, Oct. 13, 2016 /Weed Wire/ — MJIC Inc. has launched its North American Marijuana Index (the “Index”), a stock index designed to track the leading public cannabis companies in the U.S. and Canada.
Most Likely to Succeed in 2016
Marijuana activists and political junkies can barely wait for 2016 to begin, and the list-making has been in full flower for months. But full adult-use legalization may depend as much on the nuts and bolts of petition deadlines or legislative calendars as it does on history, social attitudes and the state of medical marijuana regulation.
Cannabis Stock Momentum in the Wake of DC News
The recent proposal of the CARERS Act and statements from President Barack Obama have spawned a lot of interest and momentum in cannabis stocks, and it is especially noticeable after such a languid period last year.
Cannabis Radio News: Weekly Update #7
David Friedman, publisher of the MJINews, discusses the latest cannabis business happenings with CRN’s Brian Bahouth. This week David takes a look back at the elections. Listen here.
Wednesday Wins
U.S. equities mostly moved higher today after last night’s elections. The S&P 500 continues to set new record highs, 36th of the year, to close up 0.54% to 2023.
Marijuana Midterm 2014: Too Close To Call
Election Day is finally here. Have you voted yet? Right now, millions of Americans are heading to the polls to cast their vote on a wide range of platforms, including marijuana.
Happy Halloween Friday
Equity markets cheered on the surprising news coming out of Japan overnight. The big announcement was from the BOJ where Kuroda shocked markets with a surprise easing action. In lieu of candy, we see this as their way of saying Happy Halloween.
Wednesday Whipsaw
Volatility is reaching levels not seen in equities in the last several months. U.S. stocks started out the day extremely weak, rallied, sold off and climbed back to end the day lower, but significantly off the daily lows. Talk about whipsaw action.