Newsfeeds Archive - Spark Newswire

3 minute read

Tim Seymour On Running A Cannabis Fund: ‘We Focus On Companies Poised For Growth’

June 17, 9:26 AM

Tim Seymour, portfolio manager of the $CNBS Amplify Seymour Cannabis ETF (NYSE: CNBS), is renowned for recognizing the potential of the cannabis sector early on.

BTI

2 minute read

Cannabis Stocks And ETFs Surge As DEA Moves To Reschedule Marijuana

By Jelena Martinovic

April 30, 2:43 PM

The cannabis sector saw a notable upswing on Tuesday on news that the Drug Enforcement Administration’s (DEA) historic…

ACB

3 minute read

Cannabis Stocks And ETFs Trading Higher As Government Recommendations Ignite Hope For Industry

By Jelena Martinovic

January 16, 1:56 PM

Cannabis stocks and ETFs opened higher on Tuesday following the release of documents related to the Department of Health and Human Service's (HHS) review of cannabis. Investors are optimistic about potential regulatory changes that could benefit the cannabis industry after the US government released 252 pages of documents confirming the HHS's recommendation that the DEA reschedule cannabis as Schedule III under the Controlled Substances Act. The documents state that cannabis has a currently accepted medical use in treatment and potential for abuse less than drugs in Schedules I and II. In August, the Assistant Secretary for Health wrote a letter to the DEA calling for marijuana to be reclassified. The Secretary of HHS has confirmed that his department shared a comprehensive scientific review with the DEA in response to President Joe Biden's scheduling directive.

ACB

2 minute read

Cannabis Stocks: Why Tomorrow Might Be Too Late To Invest And How To Pick The Right Stocks

By Javier Hasse

October 12, 1:44 PM

Discover profitable insights into the cannabis stock market with Benzinga PotProfits. Led by expert Michael Berger, navigate the green wave of investment opportunities today!

CNBS

3 minute read

Major Capital Market Crisis In Cannabis Industry? Here’s What TerrAscend’s Jason Wild Says

By Joana Scopel

September 11, 1:05 PM

"The environment is bad… The [cannabis] industry is truly in a major storm," said Jason Wild, executive chairman of TerrAscend Corp (OTC: TRSSF) at the Benzinga Cannabis Capital Confer

CNBS

3 minute read

These Cannabis ETFs Fall Short Amidst S&P/TSX Discontinuation: What Investors Need To Know

By Joana Scopel

August 28, 4:18 PM

In the ever-evolving world of investment, cannabis exchange-traded funds (ETFs) have found themselves in a precarious position in 2023.

CGC

2 minute read

‘The Only Thing We Can Do As An Industry Is Learn,’ Says Emily Paxhia On Navigating The Cannabis Investment Landscape

By Joana Scopel

August 16, 4:03 PM

"Early days hype-driven capital was wasted. It was not well allocated," Emily Paxhia, the founding and managing partner of Poseidon Investment Management said at the recent Benzinga Cannabis Capital Conference in Miami.

CNBS

2 minute read

THC-Based Alzheimer’s Trial In Puerto Rico: IGC Pharma Targets Underrepresented Hispanic Communities

By Nicolas Jose Rodriguez

August 2, 5:05 PM

IGC Pharma, Inc.

CNBS

2 minute read

From Coast To Coast: Denver’s Cannabis Bus, Maryland’s Weed Market Pulls In $85M In 1st Month & More

By Nicolas Jose Rodriguez

August 1, 6:02 PM

Denver Approves First Cannabis Consumption Bus Alisha Gallegos' cannabis consumption bus was licensed by the City and County of Denver, allowing it to cater to weddings, private events and festivals where guests can legally smoke cannabis.

CNBS

1 minute read

Detroit Finally Opens Second Round Of Marijuana Licenses With Equity Focus

By Nicolas Jose Rodriguez

August 1, 5:51 PM

Detroit is set to accept applications for the second round of limited marijuana business licenses, with half reserved for "equity applicants" from communities disproportionately affected by marijuana prohibition.

CNBS