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Why These Five American Cannabis Stocks Have Produced Big Returns In 2019

by Alan Brochstein, Forbes | Nov 25, 2019 | Cannabis Industry, Cannabis Investing

As we wrap up what looks like will be the second consecutive year of decline for cannabis stocks, I find it interesting to observe that 5 of the 27 stocks on my Focus List at 420 Investor have produced double-digit gains despite tremendous headwinds. Regular readers...

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,...

Luxembourg’s Government Triples Medical Cannabis Budget for 2020

by Aaron Biros | Nov 19, 2019 | Business, Cannabis Investing, Cannabis News

While Luxembourg is a tiny country in the middle of Europe, it is beginning to play an outsized role in pushing all aspects of the cannabis discussion forward in the EU. The country has steadily moved forward on integrating cannabis into the medical system. In 2018,...

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...
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