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
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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?
International cannabis company Akanda gets Nasdaq share price notice
News provided by mjbizdaily International medical cannabis company Akanda Corp. says its shares could be delisted from the Nasdaq Capital Market after the stock exchange gave notice that the bid price of Akanda’s shares had fallen below its required minimum. Akanda is monitoring its share price and might “consider implementing available options, including, but not limited to, … [Read more...] about International cannabis company Akanda gets Nasdaq share price notice
Cannabis Beverages Market to Reach USD 19,063.58 Million by 2028 | At a CAGR 54.31%
News provided by www.globenewswire.com Cannabis consumers are no longer restricted to smoking flowers with joints, bongs, or pipes but have an option from a surging assortment of products, involving concentrated as well as infused products. The beverages industry in itself is experiencing an indispensable change in terms of all the ingredients and additives. Consumers, … [Read more...] about Cannabis Beverages Market to Reach USD 19,063.58 Million by 2028 | At a CAGR 54.31%
British American Tobacco invests in German cannabis company Sanity
News provided by By MJBizDaily British American Tobacco (BAT) has taken a noncontrolling minority stake in German cannabis company Sanity Group for an undisclosed sum, the multinational tobacco giant announced Monday. Sanity’s Series B funding round raised $36.7 million, as first reported by Bloomberg. The funding round was led by BAT, alongside California-based Casa Verde … [Read more...] about British American Tobacco invests in German cannabis company Sanity
Handheld Marijuana Vaporizer Market to Reach Value of US$ 15.9 Billion by 2031, States TMR Study
NEWS PROVIDED BY Transparency Market Research The handheld marijuana vaporizer market is projected to expand at a CAGR of 13.4% during 2022 to 2031 Increasing acceptance of cannabis in medical applications is driving the demand for handheld marijuana vaporizers The presence of favorable regulations pertaining to cannabis vaporizers use in nations of North America are fueling … [Read more...] about Handheld Marijuana Vaporizer Market to Reach Value of US$ 15.9 Billion by 2031, States TMR Study
2 Cannabis Stocks Heat Up Holiday-Shortened Week
Info provided by Schaeffer's Investment Research Tilray Brands, Inc. (NASDAQ:TLRY) announced the initiation of meeting with regulators on adult-use cannabis legislation being defined in Germany. The German Drug Commission presented their plan for adult-use cannabis legislation that will be part of the first draft of a bill that will be released in next few months. According to … [Read more...] about 2 Cannabis Stocks Heat Up Holiday-Shortened Week
Cannabis legalization wiped off ~$10B market cap in pharma sector – study
By: Dulan Lokuwithana, SA News Editor on Seeking Alpha A recently published study found that each cannabis legalization event that happened between 1996 and 2018 in the U.S. caused generic and branded pharma companies to lose ~$10B in market cap on average, implying a sales impact of $3B. Scientists argue that their findings, that highlight the market’s recognition of cannabis … [Read more...] about Cannabis legalization wiped off ~$10B market cap in pharma sector – study
United States Cannabinoid (THC, CBD, CBG, CBC, CBN, THCV, CBGA) Markets, Size, Share & Trends Analysis Report 2022-2030 – ResearchAndMarkets.com
NW PROVIDED BY BUSINESS WIRE The U.S. cannabinoids market size is expected to reach USD 60.4 billion by 2030 and is expected to expand at a CAGR of 16.2% Growing awareness regarding the health benefits provided by cannabinoids and the rising number of new players in the market, leading to expansion in the availability of products are fueling the growth. In addition, … [Read more...] about United States Cannabinoid (THC, CBD, CBG, CBC, CBN, THCV, CBGA) Markets, Size, Share & Trends Analysis Report 2022-2030 – ResearchAndMarkets.com
3 Cannabis Stocks Going up in Flames to Avoid
By Komal Bhattar on https://stocknews.com Cannabis has proved its immense scope in the biopharmaceutical industry, with companies actively investing in developing a strong portfolio. Apart from its medicinal benefits, it sees high demand in the recreational sector as a psychoactive drug. However, this industry is a new and evolving space that continues to struggle with … [Read more...] about 3 Cannabis Stocks Going up in Flames to Avoid
