Aphria & Green Growth Brands | Canna-Stock HangOver | California’s Mixed Bag

HighLights

WHAT TO KNOW ABOUT APHRIA & GREEN GROWTH BRANDS

The Morning Blunt

Green Growth Brands, backed by the wealthy Schottenstein family of Ohio, announced a hostile takeover bid for Aphria, valuing the company at $2.1B…

Year One A Mixed Bag For Businesses in California Marijuana Market

LOS ANGELES (AP) — It was supposed to be a great year for marijuana entrepreneur Brian Blatz. When California broadly legalized pot on Jan.

Stocks

TOKERS & JOKERS: CANNA STOCKS RECOVER FROM END OF YEAR HANGOVER

The Morning Blunt

Inching up $0.13 Aurora Cannabis (NYSE: ACB) climbed 2.55% to $5.23. Canopy Growth Corp. (NYSE: CGC) climbed 2% to $27.37. Tilray…

TerrAscend Announces $13 Million Acquisition to Enter US Hemp Market

In response to the news, TerrAscend stock shares increased mildly today, increasing by 3.9 percent. Other mainstream cannabis stocks, such as …

MediPharm Labs Added To Horizons Marijuana Life Sciences Index ETF

Ontario-based cannabis concentrate producer MediPharm Labs Corp. … of cannabis extract from MediPharm throughout 2019 and into early 2020.

Aurora Cannabis Inc. (ACB) stock returned -47.17% negative Quarterly performance

This is something that investor look for in all the stocks in which investor is trading and this is an important indicator to keep tabs on. Aurora Cannabis …

MedMen Signs Definitive Agreement to Acquire PharmaCann, Stock Climbs

A few weed stocks are trading in the red today, but the MedMen stock is not one of them. As investors catch up on all that went on over Christmas, …

Millennials piled into these 9 stocks in 2018

Cannabis stocks were among the most popular with millennials in 2018, according to data from Robinhood, a no-fee app popular among younger …

Stay Cool with Active Stock: The Supreme Cannabis Company (TSXV:FIRE)

The Supreme Cannabis Company (TSXV:FIRE) stock has changed CAD$0.13 and moved 11.02% whereas stock price touched at CAD$1.31 in last …

IANTHUS CAPITAL HOLDINGS INC ORDINARY S (OTCMKTS:ITHUF) Shorts Rose By 7.7%

The titles are as follows: “Cannabis stocks mixed as investors digest the latest deals and capital raises – MarketWatch” announced on October 21, …

VIVO Cannabis Inc (OTCMKTS: VVCIF) (VIVO) Heats Up

VIVO Cannabis Inc (OTCMKTS: VVCIF) (VIVO) is on a fast rise after the recent reversal. This is a really exciting stock; VIVO is quickly establishing itself …

AbbVie Stock: 3 Pros and 3 Cons to Consider Before Investing in ABBV

When most people think about cannabis stocks, AbbVie (NYSE: ABBV ) doesn’t immediately come to mind. But thanks to its cannabis-based drug …

Stock to Follow: Aurora Cannabis Inc. (TSX:ACB)

Aurora Cannabis Inc. (TSX:ACB) has performed -5.193076% around last month and performed -42.626914% over the last quarter. The stock showed …

As of Dec 30, 2018 SUNNIVA INC (OTCMKTS:SNNVF) Shorts Decreased By 97.62%

Sunniva Inc., through its subsidiaries, operates as a vertically integrated medical cannabis firm in California and Canada.The company has $83.09 …

Business

Border Wall? Cannabis Legalization Could Actually be the Best way to Reduce Flow of Illegal Drugs

Newly released data suggests that cannabis legalization could actually have a much greater impact than any pricey physical barrier that can be …

Retail unions plan to invade marijuana industry once it’s legalized

RWDSWU currently represents just a few hundred workers in New York’s limited medical marijuana program, employed in cannabis manufacturing …

2019 to Bring Boom of Multi-State Cannabis Companies, Mergers and Acquisitions

Historically, cannabis business ventures have been small as federal law has hindered businesses from stretching across state lines. While the states …

Global News

North Korea, legal marijuana and the South China Sea – here are nine big issues for Asia in 2019

MARIJUANA MOMENTUM: This week, Thailand became the first country in Southeast Asia to approve medical marijuana. A lawmaker even went on …

Israel to allow medical marijuana exports

Israel’s Parliament announced on Wednesday that it had approved a law to permit exports of medical marijuana. Only 21 of the 120 members in the …

Caribbean’s Largest Marina to Receive Cannabis Dispensary

This oceanside community will now house Puerto Rico’s fifth medicinal cannabis dispensary and retail operations can begin immediately.

Thailand’s Legalization Of Medical Cannabis Proves One Very Important Thing

As the New York Times reports, Thailand’s military government unanimously approved medical marijuana use, which would make it the first country to …

US News

Bratton went on to note that states such as California and Colorado have faced unexpected issues since legalizing recreational marijuana. He said …

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How would recreational pot affect Illinois’ medical marijuana?

The need for a statewide medical-marijuana program won’t go away if the Illinois General Assembly and Gov.-elect J.B. Pritzker approve recreational …

Oregon Cannabis Business Council Founder Has Marijuana Workers Permit Revoked

The President of the Oregon Cannabis Business Council and former owner and operator of the now shuttered Human Collective II dispensary had his …

Indiana governor remains against legalizing marijuana

Indiana Gov. Eric Holcomb says he remains opposed to efforts to legalize medical or recreational marijuana in the state, even though voters in …

NH bill estimates $33M in revenue from pot legalization

CONCORD, N.H. (AP) — Lawmakers in New Hampshire estimate legalizing marijuana statewide and regulating it could result in $33 million in revenue …

Houlton councilors approve moratorium on medical marijuana stores

Town councilors on Wednesday voted to establish a moratorium on medical marijuana retail stores, dispensaries, and testing and manufacturing …

Dave Solomon’s State House Dome: Bill to legalize pot leaves no stone unturned

“It’s a very dynamic time when it comes to cannabis legalization,” he said. “You have governors of Connecticut, New York and New Jersey all …

Maine doesn’t protect against contaminated medical marijuana

PORTLAND, Maine (AP) — Maine has no testing program for medical marijuana used by 50,000 certified patients who purchase $50 million of …

New laws ban ‘fake weed,’ create certification requirement for pot workers

The other new law, Senate Bill 1707, requires workers at marijuana grow facilities to become certified medical cannabis cultivation center agents.

California News

One Year at California Recreational Marijuana: LA Cannabis Law Firm Looks Back

Cannabis law firms have also noted some shops have been dragged to city hall over neighbor’s complaints their presence is a nuisance. Police in …

Growing Complexity of Cannabis Supply Chains Spurs Logistics and Distribution Competition

These are independent companies that don’t grow or produce cannabis or related products, but help ensure orders are accurately filled, delivery …

Anti-Marijuana Advocate Joins 2019 San Francisco Mayoral Race

 
SAN FRANCISCO—Ellen Lee Zhou, one of the leading figures in the city against commercial marijuana, has joined the 2019 mayoral election.

Report: ‘No Good Option’ for Handling California Pot Funds

SACRAMENTO – Creating a public bank capable of handling marijuana-related business is “too risky,” the Cannabis Banking Work Group said in a …

California Is Really Screwing Up Its First Year of Recreational Cannabis

“The various taxes and fees could drive up the cost of legal cannabis in parts of California by 45%, according to the global credit ratings firm Fitch …

Mendocino County provides update on cannabis applications

With the first anniversary of cannabis legalization in California coming up, cannabis permit and application efforts are still ongoing throughout …

Canadian News

The Miserable Group Of Canadian Cannabis Retailers

Public cannabis retailers have been absolutely hammered in the stock market after setbacks in all of the largest markets in Canada. All provinces are …

MJardin Group Granted Cannabis Sales License From Health Canada

Under the terms of the license, MJardin can now supply cannabis products to provincial governments as well as retail outlets across the nation due to …

Investing lessons for 2019 and beyond from the people who manage investments for the Canada …

The CCPIB has exposure to cannabis stocks through investments that track the broad stock market and has researched cryptocurrencies, Mr. Rubin …

Science News

Pixis Labs becomes the first and only cannabis testing lab in Oregon to achieve ISO/IEC 17025 …

Pixis Labs becomes the first and only cannabis testing lab in Oregon to achieve ISO/IEC 17025:2005 accreditation for analyses on cannabis/hemp.

Abusing Cannabis Accelerates Premature Aging of the Brain, Says New Study

What is being called the largest study on brain imaging ever done has made some troubling consequences of heavy cannabis consumption. A group …

Cannabis strength doubles across Europe in 11 years

Cannabis potency has doubled across Europe in the past decade, according to the first study to track changes in the drug across the continent.