by InfluencER | Feb 10, 2021 | Pharma
Canadian cannabis producer Canopy Growth says its business transformation is taking shape despite an 829.3 million Canadian dollar ($651 million) net loss for the third quarter of its 2021 fiscal year, which ended Dec. 31. Among other new financial targets, the Smiths...
by InfluencER | Feb 10, 2021 | Investors
Cannabis industry stocks soared on Tuesday as industry leaders made groovy predictions about their financial prospects and marijuana legalization in Washington. Shares in Canadian grower Tilray finished up more than 40 percent on Tuesday after Chief executive Brendan...
by InfluencER | Feb 10, 2021 | Investors
A milestone event for the UK and European industry. MGC Pharmaceuticals‘ stock price is excepted to rise after its pre-market placement was markedly oversubscribed. The company’s 441m shares were placed at £0.01475 – giving it a value of £6.5m. The two dozen-or-so...
by InfluencER | Feb 9, 2021 | Politics and Law
A South Dakota state judge has ruled that last year’s voter-approved initiative to legalize marijuana for adults 21 and over is unconstitutional and cannot go forward, though advocates plan to appeal. Judge Christina Klinger of the state’s Sixth Judicial...
by InfluencER | Feb 9, 2021 | Politics and Law
The new chairman of the Senate Banking Committee says he’s open to advancing a bill protecting banks that service state-legal marijuana businesses but it must be passed in tandem with sentencing reform legislation for drug offenses. Sen. Sherrod Brown (D-OH), who...
