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Tag Archives: marijuana

The Governor of Wisconsin announces a proposal to decriminalize possession of marijuana and legalize medical use

Recent emails Receive breaking news and special reports. The news and stories that mattered provided the day of the week in the morning. SUBSCRIBE Feb. 18, 2019, 17:41 GMT By Farnoush Amiri Wisconsin Governor Tony Evers announced on Monday a proposal that would revise the state's marijuana laws legalizing medical use of the drug, decriminalizing possession and aligning it with …

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The sky-high results from Aurora Cannabis and Canopy Growth tell us something about marijuana stocks – The Motley Fool

Investors were eager to see how the first sales quarter developed on the Canadian recreational marijuana market. In the last few days, they received these first results from two of Canada's largest marijuana companies. Aurora Cannabis (NYSE: ACB) and Canop Growth (NYSE: CGC) each reported the results for their quarters, which ended December 31st selling recreation. While some other Canadian …

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Canopy Growth Co-CEO shows the highest priorities for the world's largest legal marijuana company

Canopy Growth Corp. wants to remain the world's largest legal pot producer, and when Bruce Linton is heard by Co-Chief Executive, he has a detailed plan to stay there. In a highly anticipated, late earnings report On Thursday evening, Canopy reported that first quarter sales of legal weed sales in Canada increased nearly 300%. Shares of Canopy CGC, + 3.12% …

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Watch Live: The First Marijuana Hearing of the New Congress

The first marijuana hearing of the 116th Congress began on Wednesday. A financial subcommittee of the House interviewed witnesses how access to the banking sector can improve public safety, how a bar-only operation restricts transparency and whether the cash in these companies smells of cannabis. Despite the clear interest, the permanent regulatory framework keeps almost all banks away from this …

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Marijuana Stocks: Aurora cannabis sales strong, losses deepen

Canadian Marijuana Manufacturer Aurora Cannabis (ACB) reported fiscal sales in the second quarter, which were at the upper end of a previous forecast, although the company's losses increased. Aurora cannabis and other marijuana stocks were mostly lower after the close of Monday. X Result from Aurora Cannabis Estimates: Zack Investment Research estimates were not available. Last month, the company forecasted …

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This little Marijuana share makes a big investment from Canopy Growth – The Motley Fool

Canopy Growth (NYSE: CGC) formed Canopy Rivers (NASDAQOTH: CNPOF) solely for the purpose of identifying and investing in cannabis companies that might have an impact Canopy Growth will work someday. To achieve this goal, Canopy Rivers announced plans to raise $ 85 million from investors on February 4, including $ 30 million from Canopy Growth. What is the Deal Through …

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Marijuana Stock Rally as Canopy Growth Stock Jumps on Price Target Boost

Canopy Growth (CGC) will benefit from a "long growth path in the US," thanks largely to its hemp production license in New York, Piper Jaffray analysts said they are raising their price target for Canadian cannabis producers. Canopy Growth shares led to an increase in marijuana shares on Friday. X Michael Lavery, Piper Jaffray analyst, said in a research report …

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Worldwide marijuana sales are expected to grow 38% to $ 16.9 billion in 2019 – The Motley Fool

The marijuana stocks did not have a banner year in 2018, but the cannabis industry was making waves like never before. When the curtain closed, Canada was the world's first industrialized country to give the green light to recreational herbivore, which paved the legitimate annual billions of dollars and brought cannabis out of the shadows to be valid business model. …

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