Markets & Stocks
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Markets & Stocks · page 22
- Markets & Stocks
Democrats rushing to pass cannabis reform before midterms
SCALED BACK PLANS Are Senate Democrats giving up on federal legalization?
- Adult-Use
European Cannabis Stocks Review: Akanda’s ‘Concerned Shareholders’ Oust All Directors Except CEO To Prevent ‘Potentially Irreparable Harm’ – More From Goodbody Health & Chill Brands
It has been another week of positive developments for the cannabis industry across Europe, with yet more markets making progress on cannabis liberalisation.
- Hemp Industry
The Texas Republican Party supports rescheduling cannabis but not legalization
SLIGHTLY MORE PROGRESSIVE? Texas Republican platform is anti-legalization, but supports rescheduling cannabis The new platform for Governor Greg Abbott and the Texas Republican Party opposes cannabis legalization, reports Marijuana Moment.
- Markets & Stocks
Brittney Griner’s detention in Russia has been extended until at least July 2
STILL NOT FREE Brittney Griner will remain detained in Russia until at least July 2 WNBA player Brittney Griner’s detention in Russia has been extended until at least July 2, according to Russian state news, per CNN.
- Adult-Use
European Cannabis Stocks Review: SEED Loses Recent Gains As Stock Drops 30%, DanCann Performs Well Despite Lower Estimates, & More From DeepVerge
THIS week saw news emerge that countries across the globe were making significant moves towards the liberalisation of cannabis regulation, with Spain, Japan and Ukraine all exploring the legalisation of medical cannabis.
- Markets & Stocks
European Cannabis Stocks Review: SEED Innovations Shares Spike 25%, Futura Medical Signs Commercialisation Deal, & More From Akanda
AS quarterly and full-year results continued to be published across the global cannabis industry, European stocks enjoyed a relatively stable week compared to their North American counterparts, with both Canadian and US indexes experiencing swings in both directions.
- Markets & Stocks
European Cannabis Stocks Roundup: Aurora Stocks Jump On EU Medical Market Growth Despite $1bn Loss
IT’S been a jam-packed week for the global cannabis industry as a host of companies including Aurora, Halo Collective, Dancann Pharma, Yooma Wellness and Intercure, among others, reported quarterly results.
- Markets & Stocks
European Cannabis Stocks Review: Akanda Dives Over 80% & Celadon Suffers After Reporting Huge Rise In Losses
This week was another difficult week for London Stock Exchange (LSE) listed cannabis companies, with every one of BusinessCann’s tracked stocks reporting declines, including the recent AIM debutante Celadon Pharmaceuticals.
- Pharmaceutical
EU Cannabis Stocks Review: Love Hemp & Yooma Wellness Both See Their Shares Suspended
It has been another dramatic week on the global markets, with the Pound Sterling falling to a 2022-low and the NASDAQ registering its biggest one-day decline since June 2020 on continued fears of runaway inflation.
- Cultivation
New York farmers planting their initial (legal) cannabis crop
PLANTING THE SEED New York cultivators get planting Fifty-two cultivators in New York state have been licensed to grow cannabis and “are literally planting the seeds for a new frontier,” per Spectrum Local News.
- Markets & Stocks
EU Cannabis Stocks Review: Akanda’s Streak Comes To Abrupt End & Chill Brands New CEO Has His Work Cut Out To Recover Losses
This week was another difficult week for cannabis stocks across global markets, with a number of external factors seeing both the NASDAQ and LSE succumb to pressures, bringing many cannabis stocks down in tandem.
- CBD Market
HEXO looking to shrink its footprint
FOOTPRINT Hexo closing Belleville facility Approximately 230 employees will be impacted by Quebec-based Hexo’s latest announcement that it is closing its Belleville, Ontario cannabis facility this summer, per Toronto Star.
