Marijuana Business

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Cannabis MSOs Saw Solid Q2 Results Across The Board, Yet Stock Prices Remain Meager
Arizona

Cannabis MSOs Saw Solid Q2 Results Across The Board, Yet Stock Prices Remain Meager

The top 10 multi-state cannabis operators (MSOs) of the moment saw incredible double-digit growth in the second quarter of this year, which ended on June 30th. At the same time, their stock prices...

BusinessHigh Tide Announces Two White-Label Cannabis Deals

High Tide Announces Two White-Label Cannabis Deals

Calgary, Alberta-based cannabis retailer High Tide announced two white-label partnerships: Loosh Brands will manufacture THC gummies, and federally licensed producer Heritage Cannabis will manufac...

Burnette trialBurnette Conviction Sheds Negative Light On Trulieve

Burnette Conviction Sheds Negative Light On Trulieve

J.T. Burnette was found guilty on five federal public corruption charges related to his real estate development activities in Florida and had no connection to his role as part-owner of Trulieve. B...

BusinessLarge Canadian Cannabis Producers Attracted To Small-Batch Cultivators

Large Canadian Cannabis Producers Attracted To Small-Batch Cultivators

Growing consumer appetites for premium craft cannabis products have led large Canadian marijuana producers to turn to small batch cultivators. To that end, some large producers have partnered with...

Bank of AmericaMerrill Lynch To Begin Accepting Cannabis Clients

Merrill Lynch To Begin Accepting Cannabis Clients

The ongoing federal ban on marijuana makes financing, banking, and investing difficult. Merrill Lynch sees investment potential and will be relaxing its approach to accepting clients with marijuan...

BusinessMarijuana Stocks Taking A Hit After Earlier Highs

Marijuana Stocks Taking A Hit After Earlier Highs

After two years of growth and high stock prices, cannabis stocks have plummeted by 50%. The lack of progress for U.S. federal legalization is frequently cited as the cause for investors to flee ca...

BusinessTwo Native American Casinos To Open Mega-Dispensaries

Two Native American Casinos To Open Mega-Dispensaries

Foxwoods Resort Casino in Connecticut, owned and operated by Mashantucket Pequot Tribal Nation, and North Carolina’s Harrah’s Cherokee Casino Resort, owned by Eastern Band of Cherokee Indians are ...