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Canadian Cannabis Stocks Pop On U.S. Legalization Push And Gamestop-Style Short Squeeze

Shares in a number of cannabis companies have been on fire this week. Shares in Canadian-based cannabis companies are surging this week partly because of a flurry of short sellers covering their bets against the stocks, right as U.S. lawmakers seem to …

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David Beckham Buys Stake In Firm That Uses Cannabis In Its Skincare Products

The ex-England skipper, 45, has bought a stake in Cellular Goods as it looks to float on the stock market. His mate David Gardner — who oversees Beckham’s businesses and investments via DB Ventures — has joined the firm’s board as non-executive directo…

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Cannabis Sales In California Reach $4.4 Billion In 2020: ‘Essential’, Edibles, And The Election

As experts release more data from the year 2020, it shows a silver-lining for the cannabis industry despite challenges including federal prohibition amid a pandemic. Sales in California hit $4.4 billion last year, up 57% from the year prior, reports MJ…

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Illinois Sitting On $62 Million In Cannabis Revenue Meant To Foster Businesses And Help Neighborhoods Hurt By Poverty And Violence

Despite promises that cannabis legalization in Illinois would fund more minority business participation and neighborhood improvements, the state has yet to spend $62 million collected for those purposes. Part of the delay in awarding the money is due t…

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Top 10 Cannabis And Psychedelic Stock News Stories Of The Week

Welcome to the Cannabis Countdown. In This Week’s Edition, We Recap and Countdown the Top 10 Marijuana and Psychedelic Stock News Stories for the Week of October 12th – 18th, 2020. Without further ado, let’s get started. 10. Top Analyst Initiates Cover…

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Survey: Millennials Might Stop Using This Post-Pandemic

Survey: Millennials Might Stop Using This Post-Pandemic
A new survey finds that young adults prefer to handle their money a little differently now that there’s COVID to contend with.
The post Survey: Millennials Might Stop Using This Post-Pandemic appe…

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Cash Payments No Longer The Only Option For Utah Cannabis Patients

Utah’s medical cannabis patients are now allowed by the state to spend their money inside marijuana pharmacies, but that doesn’t mean the nation’s major financial institutions want their fingerprints on transactions involving the federally illegal subs…