Cannabis hasn’t been legalized at the federal level just yet. But give it time. With more U.S. states and countries worldwide legalizing its use, it’s only a matter of time. Accordingly, I think it’s also only a matter of time before cannabis stocks begin to see higher highs. According to a Pew Research poll, 88% of U.S. adults support the legalization of marijuana for medical … [Read more...] about 3 Cannabis Stocks to Buy for the Future of Legalization
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Why Marijuana Stocks Keep Going Down
What happened The news keeps getting worse for investors in marijuana stocks. Yesterday, cannabis news website Marijuana Moment warned of trouble getting the SAFE Banking Act (a bill to legalize banks providing banking services to marijuana companies) through Congress. Today, it appears that this warning was all too accurate. SAFE Banking will not be passed as part of a … [Read more...] about Why Marijuana Stocks Keep Going Down
Is Now The Time To Buy Pot Stocks?
News Americas, NEW YORK If you see the long-term potential in pot stocks, you’ll need no convincing that now is the time to buy and hold for the long term. However, if you’re a tactical investor, you might be in two minds about going all-in now. We consider the upside and downside catalysts behind cannabis stocks, and how you can invest. Legalization The United States is … [Read more...] about Is Now The Time To Buy Pot Stocks?
Why Marijuana Legalization Could Be Bad News for Canopy Growth and Tilray Brands
FOOL Investors in these companies should be careful what they wish for. Marijuana legalization in the U.S. has been a hot topic of late as there's growing excitement about the possibility that significant reform will take place in the industry. A couple of companies that are eager to enter the U.S. pot market include Canopy Growth (CGC -1.70%) and Tilray Brands (TLRY … [Read more...] about Why Marijuana Legalization Could Be Bad News for Canopy Growth and Tilray Brands
Canadians have lost more than $131 billion investing in cannabis companies: firm
CTV NEWS Canadians who invested in cannabis companies have lost more than $131 billion, according to data collected by law firm Miller Thomson, which calculated the total losses of 183 publicly traded and licenced cannabis producers. It’s a staggering number that if broken down per capita would equate to each Canadian citizen losing about $43,000. Larry Ellis, a lawyer with … [Read more...] about Canadians have lost more than $131 billion investing in cannabis companies: firm
Why Aurora Cannabis and Tilray — but Not Curaleaf — Wilted on Monday
FOOL What happened Marijuana stocks as a class rallied strongly last week as investors found good news in the earnings reports of Canopy Growth (CGC 0.71%) and Aurora Cannabis (ACB 0.33%) -- and perhaps a bit of hope for federal marijuana reform after Democrats' stronger-than-expected showing in the midterm elections. This week, however, investor enthusiasm for the cannabis … [Read more...] about Why Aurora Cannabis and Tilray — but Not Curaleaf — Wilted on Monday
Mostly Tricks, Few Treats For Pot Stocks in 2022
benzinga Halloween is prime spooky season, but for most investors, all of 2022 has been quite scary. Stocks across the board have taken substantial hits this year, with cannabis particularly affected. Cannabis' surging pandemic performances have been dashed mostly. Now, Fed uncertainty looms while profitability continues to elude most operators, from MSOs to the ancillary … [Read more...] about Mostly Tricks, Few Treats For Pot Stocks in 2022
Whatever happened the cannabis stock bubble? What next?
invezz After caffeine and alcohol, cannabis slots in as the third most popular drug in the world. And yet, looking at the stock market, the sector feels infantile in comparison. That is, of course, due to the nebulous legal status of marijuana, which differs greatly around the world. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz … [Read more...] about Whatever happened the cannabis stock bubble? What next?
Cannabis company Canopy applauds Biden’s marijuana pardons as stock surges
News Provided by Tom Franck | CNBC Canopy Growth applauded President Joe Biden’s announcement Thursday that he will pardon thousands of people convicted of marijuana possession. “Today represents action from the Administration that we have been waiting for – an acknowledgement that cannabis prohibition has failed and that too many lives have been significantly impacted as a … [Read more...] about Cannabis company Canopy applauds Biden’s marijuana pardons as stock surges
Cannabis Stock Rising With Neutral Sentiment Tuesday: Should You Add Trulieve Cannabis Corp (TCNNF) To Your Portfolio?
News Provided by https://www.investorsobserver.com/Trulieve Cannabis Corp is a player in the cannabis industry that is higher by 4.74% Tuesday. The market has been neutral on Trulieve Cannabis Corp (TCNNF) stock recently. TCNNF gets a Neutral score from InvestorsObserver Stock Sentiment Indicator. Trulieve Cannabis Corp has a Neutral sentiment reading. Find out what this means … [Read more...] about Cannabis Stock Rising With Neutral Sentiment Tuesday: Should You Add Trulieve Cannabis Corp (TCNNF) To Your Portfolio?
