Tag: Marijuana

Cannabis Canada: B.C. budtenders form nation’s first cannabis workers’ union – Article – BNN

Cannabis Canada: B.C. budtenders form nation’s first cannabis workers’ union – Article – BNN
— Read on www.bnnbloomberg.ca/cannabis-canada-b-c-budtenders-form-nation-s-first-cannabis-workers-union-1.1392116

‘A harsh drop to reality’: Why 2019 was a horrible year for pot stocks – Article – BNN

‘A harsh drop to reality’: Why 2019 was a horrible year for pot stocks – Article – BNN
— Read on www.bnnbloomberg.ca/a-harsh-drop-to-reality-why-2019-was-a-horrible-year-for-pot-stocks-1.1366314

Canadians bought nearly 100 tonnes of pot in first year of legalization: Health Canada – Article – BNN

Canadians bought nearly 100 tonnes of pot in first year of legalization: Health Canada – Article – BNN
— Read on www.bnnbloomberg.ca/canadians-bought-nearly-100-tonnes-of-pot-in-first-year-of-legalization-health-canada-1.1364003

Cannabis stocks soar across the board as historic House vote lures investors back to battered sector – MarketWatch

Cannabis stocks rallied across the board Thursday, as investors returned to the beaten-down-sector with a fresh enthusiasm, following a historic House vote…
— Read on www.marketwatch.com/story/cannabis-stocks-soar-across-the-board-as-historic-house-vote-lures-investors-back-to-battered-sector-2019-11-21

The Pot Stock Bubble Has Burst. Here’s Why

(Bloomberg) — Wall Street’s exuberance over legal weed has quickly curdled into sober reality.In a matter of months, white-hot cannabis companies have flamed out in spectacular fashion. Many have lost two-thirds or more of their value.Widespread legalization has been thwarted. Bank financing has dried
— Read on ca.finance.yahoo.com/news/cannabis-flameout-looks-almost-bad-130023189.html

Why America’s legal weed sales could triple in the next 5 years

Leaders in the cannabis space Aurora and Canopy Growth both reported disappointing earnings this week, but one expert projects the U.S. cannabis market will reach $30 billion in the next five years. 
— Read on ca.finance.yahoo.com/news/analyst-projects-30-b-us-cannabis-market-in-next-five-years-190506339.html

USDA Reduces Legal Murkiness for Hemp Production With New Rules – Bloomberg

The U.S. Department of Agriculture announced interim rules for hemp production, providing more clarity in the murky legal environment surrounding a crop that has generated high excitement as a profitable alternative for struggling farmers.
— Read on www.bloomberg.com/news/articles/2019-10-29/usda-reduces-legal-murkiness-for-hemp-production-with-new-rules