New Cannabis Ventures

Michigan's cannabis sales rose 6.1% in July from June to a record $276.7 million. On a per-day basis, sales grew 2.7%, reported New Cannabis Ventures (NCV) Friday afternoon. Citing the Michigan Cannabis Regulatory Agency (CRA), which breaks out sales separately by medical and adult...

Halloween is prime spooky season, but for most investors, all of 2022 has been quite scary. Stocks across the board have taken substantial hits this year, with cannabis particularly affected. Cannabis' surging pandemic performances have been dashed mostly. Now, Fed uncertainty looms while...

Cannabis cultivator iAnthus (Pink: ITHUF) struggled to raise cash when behind-the-scenes drama prevented the New York-based company from inking a deal with potential buyers. Per New Cannabis Ventures, a "leading" multistate operator, or MSO, had been interested in buying...

On Thursday, yet another analyst joined the growing chorus saying marijuana stock valuations are getting overheated.  The Analyst Northland Capital Markets analyst Mike Grondahl downgraded Tilray Inc (NASDAQ: TLRY) from Outperform to Market Perform and removed its $60 price target. The Thesis...

Cannabis stocks were again smoking Wednesday after Cronos Group Inc (NASDAQ: CRON) announced a partnership with Ginkgo Bioworks before to produce cannabinoids at scale. Analysts are optimistic about the future for the marijuana industry, but even cannabis bulls are increasingly skeptical of market...

Cannabinoid drug developer GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) is ending an eventful 2016 on a high note. Shares were surging higher by 6.6 percent on Monday following new drug data out over the weekend and a strong fiscal Q4 earnings report out Monday. Over the weekend, the company reported...

Investors have been looking to profit from marijuana stocks for the past few years as the industry is gaining from more lax restrictions and an increase in public support. In fact, several states will vote in the upcoming election to legalize or regulate marijuana sales to the public....