Tag: stocks
Stocks Slide As Fears about DEA Dissent Boil Over
NEW YORK – An exchange-traded fund (ETF) that tracks some of the largest multistate operators (MSOs) fell nearly 17 percent during the first two...
Curaleaf Shrinks in 3 States While Akerna Exits Cannabis
WAKEFIELD, Mass., and DENVER – Two of the cannabis industry’s most visible public companies are taking dramatic measures to survive market volatility. Curaleaf Holdings...
House Set to Vote on Cannabis Legalization in December
WASHINGTON, D.C. – The U.S. House of Representatives will hold a floor vote on the Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) during...
House Set to Vote on Federal Marijuana Decriminalization
WASHINGTON D.C. – The U.S. House this September will vote on the Marijuana Opportunity Reinvestment and Expungement Act of 2019, or MORE Act, which...
Cura Partners Fined $110K for Mislabeling, Misrepresentation
PORTLAND, Ore. – Cannabis producer Cura Partners, Inc. (Cura), manufacturers of Select brand, were fined a record $110,000 by the Oregon Liquor Control Commission...
Price for Hemp Plunges; Experts Blame Oversupply
They say it grows like a weed, and according to the chief executive officer of Denver-based Physical Commodities Exchange (PanXchange), the over-the-counter exchange that...
California Will Raise Cannabis Taxes in January
SACRAMENTO – The California Department of Tax and Fee Administration (CDTFA) announced the state will increase the basis for excise tax on legal cannabis...
Cannabis Stock Valuations Cool Off as Markets Struggle
LOS ANGELES – Halloween has come early this year for cannabis investors, as anticipated multi-million dollar deals turned from treats to rocks, in a...
Cannabis Business Moving Faster Than Regulation, Fine Results
BOSTON – Leading U.S.-based cannabis company Curaleaf Inc. was fined $250,000 by Massachusetts regulatory officials for change of ownership without approval of the state,...
Ray J Signs on as $1M Cannabis Celebrity Influencer
HOLLYWOOD, Calif. – Music personality Ray J has signed a $1 million contract with cannabis crowdfunding company MarijuanaStock.org to be its new chief strategic...
