Cannabis Stock Gainers And Losers From May 31, 2024
GAINERS: Blueberries Medical (OTC:BBRRF) shares closed up 44.66% at $0.01 Target Group (OTC:CBDY) shares closed up 21.43% at…
Top Ohio Cannabis Companies: Analyst Look At Stocks With Potential Market Cap Gains
How will Ohio's cannabis market shape up as it transitions to adult-use recreational sales? Senior analyst Pablo Zuanic outlines in his recent report the potential growth and value creation for state multi-state operators (MSOs).
DEA Rules THCA Is Not Legal Hemp Amid Industry Shake-Up And Farm Bill Debate On Delta-8 THC Prohibition
DEA rules THCA not legal hemp, sparking industry concerns. Congress debates Farm Bill changes. Curaleaf criticizes amendment. Read now!
House Committee Approval Of Amendment Eliminating 90% Of Hemp-Dervied Products Could Drive Wedge Between Cannabis And Hemp Industries
The U.S. House Committee on Agriculture approved an en bloc amendment introduced by Rep. Mary Miller (R) to the…
Cannabis Stocks And ETFs Surged On Marijuana Rescheduling News: WTR’s Industry Report Analyzes What’s Behind The Optimism
DOJ proposes reclassifying cannabis to Schedule III. WTR's report highlights market gains and potential industry impacts. Read insights now!
Cresco Labs CEO Touts 10x Increase In Operating Cash Flow YoY As Cannabis Company Reports Q1 Results
Cannabis producer Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) announced on Wednesday its financial and operating results for the first quarter ended March 31, 2024. "I want to thank the Cresco team for taking our learnings from the Year-of-the-Core, making them a part of our DNA and producing such a strong start to 2024," Charles Bachtell, CEO of Cresco Labs, said. "The continued development of our teams' capabilities and our relentless focus on efficient execution is leading to very strong performance across our retail and branded product business resulting in a 10x increase in operating cash flow year-over-year."
Florida Cannabis Legalization Amendment Ads Hit Airwaves: The First 4 Pitches For Legal Weed In The Sunshine State
The advocacy group's ads are being aired across the state over TV, radio, streaming and on digital sites. Having spent more than $5 million, the ads are criss-crossing the state to bring attention to Florida's upcoming November election and Amendment 3.
Medical Marijuana Giant Trulieve, Backer Of Florida’s Recreational Cannabis Ballot, Narrows Loss, Reports Uptick In Q1 Revenue, Gross Profit
Trulieve Cannabis Corp. announced on Thursday its first quarter results for the three months ended March 31, 2024. The Tallahassee, Florida-based medical cannabis giant reported revenue of $298 million for the first quarter of fiscal 2024, representing an increase of 4% sequentially and year-over-year, with 96% of revenue from retail sales.
Marijuana Stock Movers For May 7, 2024
GAINERS: Kaya Holdings (OTC:KAYS) shares closed up 51.29% at $0.05 Elixinol Wellness (OTC:ELLXF) shares closed up 23.60% at…
Cannabis Workers In L.A. Join Teamsters To Improve Pay, Working Conditions And Have A Voice
Workers at the Cannabist Company (OTCQX:CBSTF) in North Hollywood and Studio City, Los Angeles voted overwhelmingly to join Teamsters…