Cannabis Stocks Tumble on News of DEA’s Rescheduling Shakeup
NEW YORK – Shares of publicly traded cannabis companies felt investors’ dissatisfaction following the Drug Enforcement Administration’s (DEA) announcement it will hold a public...
Eliminating 280E Could Spark an Investment Frenzy
For the past three to four years, the cannabis industry has experienced an unprecedented and steadily declining access to capital, resulting in slower-than-expected growth...
Managing Receivables in 2024
In the early days of California’s medical market, dispensaries set the rules, payment terms, and timetables, and growers and other vendors could either fall...
The Financial Impact of Cannabis Rescheduling
Ever since August 2023, when the Department of Health and Human Services (HHS) recommended moving marijuana to a less-restrictive schedule under the federal Controlled...
3 Smart Money Moves for Cannabis Industry Professionals
The world of finance can feel like a bit of a wild ride for professionals working in the cannabis space. Because of the unique...
Bankrupt High Times Sees Fire Sale of Assets
LOS ANGELES – High Times magazine and the sprawling but bankrupt empire that owns it are for sale piecemeal to whoever offers the most...
Delinquent Payments Topped $3.8 Billion in 2023
PORTLAND, Ore. – Cash-starved cannabis operators left more than $3.8 billion worth of bills unpaid in 2023, according to a report from economic research...
Investors Remain Cautious While Technology Holds Promise
With federal legalization nowhere in sight and legislative reforms unlikely this year, companies looking for investment in 2024 are in a more precarious position...
Thrive to Survive with Risk Mitigation Strategies for 2024
The cannabis industry’s rapid expansion continues to present both opportunities and challenges. As the market matures, companies must adapt and strategize to thrive in...
German Cannabis Legalization Fuels Surge in Weed Stocks
NEW YORK – Cannabis stocks soared Friday on the news Germany’s parliament legalized cannabis for personal possession and use.
Canopy Growth Corporation’s stock (NASDAQ: CGC)...
