Newsfeeds Archive - Page 3 of 43

3 minute read

Cannabis Meets Prescription Drugs, Steroids And Ketamine In Schedule III: What It Means, Key Stocks To Watch

May 18, 10:19 AM

President Joe Biden's administration is moving to reschedule cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA).

ABBV

2 minute read

EXCLUSIVE – System Of A Down’s Shavo On Cannabis Rescheduling: ‘Still A Long Way To Go But It’s A Huge Milestone’

By Javier Hasse

May 17, 10:48 AM

Shavo Odadjian, founder of cannabis brand 22Red and bassist for the heavy metal band System of a Down welcome the recent announcement from President Joe Biden that marijuana will

CBSTF

3 minute read

Finally, Tax Refunds! These Cannabis Companies Will Get The Most Money Back If Rescheduling Happens

By Nicolas Jose Rodriguez

May 16, 5:43 PM

Significant tax benefits are anticipated for the cannabis industry, following President Joe Biden's confirmation of the administration's intent to reschedule cannabis from Schedule I to Schedule III.

CURLF

4 minute read

Biden’s Greenlight: What To Know About Fed-Regulated Marijuana, Markets, Legal Circuits And Compliance

By Nicolas Jose Rodriguez

May 16, 4:41 PM

In an exclusive interview with Benzinga Cannabis, Aaron Bloom, an attorney and CEO of DocMJ, a multistate cannabis clinic, delved into the legal steps for rescheduling cannabis to Schedule III in the

TCNNF

2 minute read

Cannabis Stock Gainers And Losers From May 16, 2024

By Benzinga Insights

May 16, 4:30 PM

GAINERS: Flower One Hldgs (OTC:FLOOF) shares closed up 900.00% at $1e-05 Cannabix Technologies (OTC:BLOZF) shares closed up 28.41%…

ACB

3 minute read

Weed Industry Celebrates Biden’s Rescheduling Move: ‘Most Monumental Cannabis Reform In Half A Century’

By Maureen Meehan

May 16, 3:58 PM

Cannabis companies and advocates applaud President Biden's announcement to reschedule and legalize cannabis, calling it a major leap forward and opportunity to correct long-standing wrongs and improve the industry's cashflow.

ACB

2 minute read

Florida Cannabis Legalization Amendment Ads Hit Airwaves: The First 4 Pitches For Legal Weed In The Sunshine State

By Maureen Meehan

May 14, 5:21 PM

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.

CRLBF

2 minute read

Analysts May Need To Revise Cannabis Stock Projections For 2024: 10 Companies Surpass EBITDA Estimates By $37M

By Nicolas Jose Rodriguez

May 14, 9:16 AM

Cannabis equity analysts may need to revise their 2024 earnings estimates after first-quarter results from major multi-state operators (MSOs). According to a recent report by Viridian Capital Advisors, 10 MSOs surpassed EBITDA estimates by $37 million in the first quarter of 2024, indicating that initial projections may have been too conservative.

AAWH

4 minute read

Here’s Where To Buy Legal Weed: Florida’s Thriving Cannabis Landscape And More New Marijuana Stores In US And Canada

By Jelena Martinovic

May 13, 11:18 AM

In anticipation of the outcome of Florida's Measure 3, cannabis giants are racing to bolster their retail footprint statewide. In California, four new cannabis stores kicked off sales recently. New York's cannabis retail footprint continues to grow. Five states each opened a new cannabis store, while Canna Cabana retail presence expands in Canada,

CSE:GTII

2 minute read

Cannabis Reports Highlight $339M And $297.6M Revenue Insights In Curaleaf And Trulieve’s Q1 2024 Financials

By Nicolas Jose Rodriguez

May 10, 6:42 PM

A recent Beacon Securities report focuses on Curaleaf's strategic financial management and the potential impacts of legislative changes on its operations.

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