Recreational Marijuana

The Michigan Department of Health and Human Services announced there has been a third death associated with the outbreak of vaping-related lung injuries in the state. MDHHS was notified about the death of an adult male on Dec. 19. No other information about the individual will be released due to...

While much has been reported about cannabis oversupply in Oregon, Colorado has also seen (lesser) price declines. As Oregon saw a 64% decline in wholesale prices from October 2016 to March 2019, Colorado experienced a 60% drop from January 2015 to April 2019. The downward slides in wholesale...

Cannabis company Aurora Cannabis Inc (NYSE: ACB) reported Monday with its first full-quarter results, which showed that the company held a 20-percent market share of recreational volumes in 2018, according to Canaccord Genuity. The Analyst Analyst Matt Bottomley maintains a Speculative Buy...

Canadian cannabis company TerrAscend Corp. (OTC: TRSSF) is expanding south of the border and establishing a presence in the U.S. through the acquisition of California-based retailer Apothecarium. What Happened The value of the deal is $118.4 million; TerrAscend will pay $73.7 million in...

Green Thumb Industries Inc (OTC: GTBIF) announced Tuesday that it has signed an agreement to acquire For Success Holding Co., the owner of Beboe-branded cannabis products. What Happened Green Thumb Industries is a Chicago-based cannabis cultivator, processor and operator of dispensaries with...

Canada-based Organigram Holdings Inc. (OTC: OGRMF) saw triple-digit revenue growth for the first quarter of fiscal 2019 ended Nov. 30, 2018. The results were largely impacted by the full legalization of weed on Oct. 17, and the company expects the adult-use market to dominate its top line for the...

Hundreds of cannabis investors had the opportunity to hear some of the industry's major players make their case in person Wednesday at the Benzinga Cannabis Capital Conference in Miami Beach. Here's what iAnthus Capital Holdings Inc (OTC: ITHUF), Aurora Cannabis Inc (NYSE: ACB), CuraLeaf...

Tilray Inc (NASDAQ: TLRY) stock was surging Friday after its largest shareholder announced it plans to maintain its position after the lock-up period expires next next week. What Happened Privateer Holdings, a major investor in the cannabis industry, said Friday that it...

MedMen Enterprises Inc (OTC: MMNFF), the self-proclaimed “largest U.S. cannabis company in the largest cannabis market,” is being sued by one of its biggest shareholders. On Tuesday, former board member Brent Cox filed a lawsuit against MedMen in L.A. County Superior Court alleging a...

KushCo Holdings Inc (OTC: KSHB), a provider of ancillary products and services to the cannabis industry, reported Q1 results after the close Tuesday. Although the company's revenue almost tripled over the year, its bottom line turned negative. What Happened KushCo posted a revenue $25...

On Dec. 11, the Consumer Analyst Group of New York hosted a group luncheon where Canopy Growth Corp. (NYSE: CGC) CEO Bruce Linton presented. Wells Fargo analysts attended the luncheon and presented their main takeaways. Overall, the analysts said they are optimistic about the company's...

Legend has it that Lucky Strike cigarettes got their name because, back in the days before marijuana became illegal, the manufacturers added one marijuana cigarette in some packs. Whoever got the joint would get the “lucky strike." This legend is an easily debunked myth. But it seems...

Canopy Rivers Inc (OTC: CNPOF), the venture capital investment platform of Canopy Growth Corp (NYSE: CGC), reported second-quarter results Monday.  What Happened Canopy Rivers reported a second-quarter operating income of Canadian $23.27 million ($17.56 million at current rates), a huge...

Shares of Canadian cannabis company Canopy Growth Corp (NYSE: CGC) were down more than 8 percent Wednesday morning after certain aspects of the company's fiscal second-quarter earnings report disappointed against some of the most conservative estimates, Business Insider reported. What...

Canadian cannabis company Tilray Inc (NASDAQ: TLRY) reported third-quarter revenue Tuesday that fell nearly in line with estimates, with a bottom-line beat. The stock inched higher after the closing bell before giving up the gains and slipping into the red in after hours trading.  What...