by InfluencER | Nov 10, 2020 | Dispensaries
Major Canadian marijuana producer Aurora Cannabis reported a slight quarterly revenue increase during its first fiscal quarter, despite an adjusted EBITDA loss of 57.9 million Canadian dollars ($44.7 million) as the company worked through its transition plan. Net...
by InfluencER | Nov 10, 2020 | Investors
Smiths Falls, Ontario-based Canopy Growth reported record net revenue of 135 million Canadian dollars ($104 million) in the second quarter ended Sept. 30, topping analyst expectations, along with a net loss of about CA$97 million. The revenue gain was led by dry bud...
by InfluencER | Nov 10, 2020 | Politics and Law
Monday was a big day for New Jersey lawmakers to debate how the state’s new cannabis landscape will unfold. The New Jersey Senate Judiciary Committee heard multiple pieces of cannabis legislation at once: S21, a bill to implement a cannabis legalization regulation...
by InfluencER | Nov 10, 2020 | Politics and Law
The Ministry of Industry, Investment, and Commerce is working to resolve banking issues that have been impacting Jamaica’s medical cannabis industry. Many major banks are reluctant to fund the growth of medical cannabis out of fear of breaching federal laws in the...
by InfluencER | Nov 10, 2020 | Investors
November has delivered a triple-whammy of great news for cannabis stocks: Several states legalized the use of recreational marijuana, Joe Biden’s presidential victory could lead to more calls for decriminalization, and two leading cannabis companies reported...
