The New York Times - U.S. Extends Job Growth Streak Even as Economy Cools Employers added 187,000 workers in July, a slower pace than the recent norm, but “more sustainable,” one economist said. The U.S. economy continued to generate sturdy employment growth in July,...
Results
Ready To Do Your Homework? Industry Leaders Talk About Investing
[vc_row][vc_column][vc_column_text] Following the recent 2020 election results, cannabis stocks are growing exponentially. On election night, the United States saw a “Green Wave” when four states – Arizona, New Jersey, Montana and South Dakota – voted to legalize...
‘A tipping point’: Psychedelics, cannabis win big across the country on election night
[vc_row][vc_column][vc_column_text] As the nation awaits a final result from the presidential election, a clear winner emerged Tuesday: drugs. Measures to legalize cannabis and decriminalize other drugs won major victories this week as five states — Arizona, New...
Canopy Growth to move U.S. listing to Nasdaq as it eyes lower costs
[vc_row][vc_column][vc_column_text] (Reuters) - Canadian pot producer Canopy Growth Corp WEED.TOCGC.N said on Tuesday it would move its U.S. stock listing to the Nasdaq, following rival Aphria Inc APHA.TOAPHA.O in favoring the exchange's "cost-effectiveness". Canopy’s...
Mexico, plagued by cartel wars, affects economics
[vc_row][vc_column][vc_column_text] To start with, big Canadian companies are likely to see Mexico as a place to export their cannabis products, while U.S. players, hamstrung by federal laws that prohibit marijuana exports, may franchise their brands in Mexico, said...
Congress Delays Vote On MORE Act
[vc_row][vc_column][vc_column_text] Cannabis reform activists, industry representatives, and lawmakers were quick to react to the postponement of the vote on the MORE Act. Maritza Perez, director of the office of national affairs at the Drug Policy Alliance, said in a...
Cannabis industry readies for M&A after COVID-19 boosts
[vc_row][vc_column][vc_column_text] Since its peak in August 2018 in the run-up to Canada’s legalization of recreational weed, cannabis stocks tracker MJ ETF has dropped 70%. M&A fell 80% and capital raising slumped 70% to $2.71 billion through July 31, according...
Insurance Premiums for Executives Spike as Lawsuits Rise
[vc_row][vc_column][vc_column_text] Entry-level insurance premiums for cannabis industry directors and officers of public companies has more than doubled as lawsuits by investors claiming fraud and misinformation are on the rise, Reuters reports. The insurance can now...
Insurance Costs to Protect Leaders as
Investors Sue
[vc_row][vc_column][vc_column_text] TORONTO — Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives from personal liability, following a slew of lawsuits by disgruntled investors alleging fraud and...