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Florida’s Medical Marijuana Dispensaries Ordered 57 Tons of Weed Since March

by Chris Moore | Nov 21, 2019 | Cannabis Investing, Cannabis News

In the first six months after Florida legalized the use of smokable medical marijuana, state dispensaries ordered 57 tons of flower for their customers, according to a new report by state health officials. This new report, compiled for the state Board of Medicine and...

Canada’s Pot Stocks Get Hammered Again: Is the Party Over for Cannabis Investors?

by CTV News | Nov 19, 2019 | Business, Cannabis Investing, Cannabis News

There was a time just a few short months ago that buying into the world of legal cannabis seemed like a sure thing. A major pot stock sell off continued on markets Monday, partially because consumers are less than enthused about legally available cannabis. In theory,...

Major cannabis firm MedMen slashes more than 190 jobs, unloads assets to bolster bottom line

by Bart Schaneman | Nov 15, 2019 | Cannabis Investing, Cannabis News

MedMen, a Los Angeles-based multistate marijuana operator, announced it is laying off more than 190 employees to shore up its bottom line, joining a growing list of cannabis companies shedding workers amid falling MJ stock prices and a dearth of outside funding. The...

Aurora Shares Sink on Weak Results and Halting Construction of Cannabis Plants

by Ross Marowits, Global News | Nov 15, 2019 | Business, Cannabis Investing, Cannabis News

Aurora Cannabis Inc. shares sank to a two-year low Friday after its revenues missed expectations and the pot producer announced it was halting construction at one production facility and pausing work at another to save more than $190 million in planned expenses. The...

Why Cannabis Legalization in Other Parts of the World Could Be Bad News for North American Pot Stocks

by David Jagielski, The Motley Fool | Nov 5, 2019 | Business, Cannabis Investing, Cannabis News

With cannabis companies focusing more on profitability, will that curb expansion efforts? Cannabis legalization is generally good news for the industry and companies looking to expand into other parts of the world. However, that’s not necessarily always the...

Cannabis Stocks Now Appeal To Value Investors

by Alan Brochstein, Forbes | Oct 28, 2019 | Business, Cannabis Investing, Cannabis News

2019 has been an extremely disappointing year for investors in cannabis stocks, with the overall market, as measured by the New Cannabis Ventures Global Cannabis Stock Index down 20% after a 55% decline in 2018. The market, which has declined over 71% since early...
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