Weed investments

By Stefanie Marotta on www.bloomberg.com Cannabis short sellers are ratcheting down their bets that the beleaguered sector will continue its slide. Short interest in pot stocks has tumbled to $632 million from $3.14 billion in May 2021, even as share prices plunged in the past year, according to data from S3 Partners. While analysts are skeptical that the federal government … [Read more...] about Short Sellers Wind Down Pot Stock Bets as Congress Mulls Action

NEWS PROVIDED BY TAP Financial Partners MIAMI, FLA., Cannabis is forecast to be a $60 billion industry by the end of the decade and entrepreneurs are anxious to claim their share, but that doesn’t mean current and prospective business owners won’t face considerable challenges along the way. To date, 38 states and the District of Columbia have legalized recreational and/or … [Read more...] about The Struggle is Real for Cannabis Entrepreneurs

BY ALENA BOTROS on Fortune.com A bill that would decriminalize marijuana at the federal level could be announced by Senate Democrats as early as next week, a source familiar with the matter told Bloomberg. The measure is reported to have been worked on by Majority Leader Chuck Schumer, along with Sens. Cory Booker and Ron Wyden. A draft of the bill had previously been released … [Read more...] about Pot stocks soar after report reveals Senate Democrats plan to introduce a bill that would decriminalize marijuana

Canopy Growth has burned investors, and a rebound isn't a sure thing. Cannabis company Canopy Growth (CGC -1.40%) has been a wild ride for investors over the past several years, soaring to more than $45, followed by sharp declines. The legalization of cannabis in Canada and parts of the United States created excitement for a growing but immature industry. Canopy Growth has … [Read more...] about This Former Market Darling Is More Weed Than Flower