As the stock market rises aggressively, marijuana stocks could offer investors value. Smaller stocks with narrow business models like Trulieve are a better bet than flashier companies. Scotts Miracle-Gro is a shrewd pick if you’re looking for an established name with less risk. With virus cases surging in several U.S. states, it’s anyone’s guess how…
Category: Marijuana
Finding a bargain in today’s stock market is nearly impossible. Marijuana stocks could represent a smart option for long-term investors. The cannabis industry has plenty of growth ahead, and prices have come down dramatically over the past year. The stock market’s rapid fall and subsequent rise in the wake of the pandemic were enough to…
The first cannabis startup to raise big money in Silicon Valley is in danger of burning out. TechCrunch has learned that pot delivery middleman Eaze has seen unannounced layoffs, and its depleted cash reserves threaten its ability to make payroll or settle its AWS bill. Eaze was forced to raise a bridge round to keep…
Marijuana stocks have taken a nosedive this year. Access to financing, heavy taxes and black market prices have contributed to the struggles of pot businesses. The good news is that industry regulation is looking good. A year ago, the cannabis industry was dubbed as the next gold rush. Pot stocks such as Tilray (NASDAQ:TLRY), Aurora…
Organigram Holdings Inc. (OGI), HEXO Corp. (HEXO), and Charlotte’s Web Holdings (CWBHF) are marijuana stocks that are showing bullish signals. | Source: Shutterstock There are some who would claim that the boom in the marijuana industry is over. There’s no more money to be made because most of the fundamentally sound companies have meteorically risen…
Arizona’s regulatory sandbox for fintech startups has welcomed a cash management crypto firm targeting the cannabis sector. | Source: ShutterstockArizona, home of the first U.S. FinTech Sandbox, has admitted another cryptocurrency startup into the program that is designed to ease regulatory burdens for entrepreneurs in the financial technology space. According to a statement released by Attorney…
Andrew Yang is the Democratic presidential candidate with the lowest profile. That’s unfortunate because he’s not only one of the more reasonable candidates on the slate, but he also has some very interesting policy ideas – including one that would boost cannabis stocks. Marijuana is already legal in most states for medical use and in…