Aurora Cannabis Inc. on Thursday reported a bigger quarterly loss and lower sales than expected, but the Canadian pot producer stuck with its target of hitting an adjusted measure of Read more
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Wana Brands CEO makes seven-figure donation to fund cannabis research
Wana Brands founder and CEO Nancy Whiteman is stepping up her charitable activities with $3 million for cannabis and psychedelic medicine research at Johns Hopkins University — the largest donation Read more
Want to age well? A dog could be the key to better physical — and mental — health.
Guy Thompson, a retired shipfitter and engineer at naval ship builder Bath Iron Works in Maine, takes his two standard poodles, Jessy and Esther, everywhere. When he lost two wives Read more
The end of the pandemic earnings boom is in sight as holiday forecasts disappoint
Large corporations’ seemingly ceaseless profit growth during the COVID-19 pandemic appears to be coming to an end this holiday season, as the post-lockdown rebound grates up against rising prices, recession Read more
Leaked draft of German government’s cannabis reform would ban imports — for now
A leaked document from German health minister Karl Lauterbach that lays out the regulatory framework to legalize cannabis includes many positive steps, but could temporarily decrease supply with a ban 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 asks agencies to review marijuana’s classification, pardons prior federal-possession offenses
President Joe Biden on Thursday said he will pardon all prior federal offenses of simple possession of marijuana, and asked U.S. agencies to review how the drug is classified. “There Read more
Big banks to pay nearly $2 billion for ‘widespread and longstanding failures’ in keeping text-message records
Nearly a dozen financial institutions agreed to pay more than $1.8 billion collectively for failing to properly collect employees’ text messages for their records, the Securities and Exchange Commission and Read more
Leading Chinese companies announce delisting plans from the NYSE
Several Chinese companies on Friday announced they would voluntarily delist from the New York Stock Exchange, a move that comes as they faced the prospect of being forcibly removed. PetroChina Read more
Short positions ease back on cannabis stocks, but shares remain deeply in the red
Short interest in cannabis stocks has fallen in a sign that investors are placing fewer bets that the sector will weaken, according to fresh numbers this week. But cannabis stocks Read more