Capital raising by cannabis companies is down 64% to $4 billion to date in 2022 as compared with 2021, Viridian Capital Advisors reported Wednesday. Total equity issuance has fallen 74.4% Read more
Tag: mj
Maryland may become 20th state to OK cannabis for adults
Voters in Arkansas, Maryland, Missouri, North Dakota and South Dakota are weighing in on legal cannabis today, with measures on the ballot in each of those states. The state most Read more
What the midterm elections could mean for the financial sector, energy and more
One poll this month found record interest in the 2022 midterm elections, which are now less than two weeks away. Analysts focused on key sectors are among those paying close Read more
Analysts mixed on complex Canopy Growth maneuver to create Canopy USA business
Stifel analyst W. Andrew Carter reiterated a sell rating on Canopy Growth Inc. on Wednesday as he threw shade on the company’s proposal to create Canopy USA to hold its Read more
Cannabis stocks rocketed to record day after Biden lit the fuse
Cannabis stocks shot to record gains Thursday after President Joe Biden formally sought to review how marijuana is classified under federal law, a change that pot companies in the U.S. Read more
Biden pardoning all prior federal marijuana-possession offenses
President Joe Biden on Thursday said he will pardon all prior federal offenses of simple possession of marijuana. “There are thousands of people who have prior federal convictions for marijuana Read more
Michael Jordan jersey from NBA Finals of his ‘magnum opus’ season to be auctioned in September
A jersey that Michael Jordan wore during a 1998 NBA Finals game in Utah will be auctioned by Sotheby’s online from Sept. 6-14. With a presale estimate of between $3 Read more