Cannabis stocks have once again been sent flying in the wake of the latest hint of progress on cannabis rescheduling from Trump’s White House.
Cresco Labs, one of the largest medical cannabis producers in Ohio, has planted its first crop of nearly 1000 cannabis plants specifically meant for the recreational market, which could potentially open up in the coming weeks.
Major Republican donors with a foothold in Florida’s burgeoning medical cannabis industry stand to make big profits if recreational cannabis is legalized.
The US Drug Enforcement Administration (DEA) has confirmed that it is conducting a review into the reclassification of cannabis, but has asserted its ‘final authority’ over the decision.
This Nov 3rd, join us for the third edition of Business of Cannabis: New York at the New York Academy of Medicine.
Cresco Labs and Columbia Care have announced that they have ended plans to enter a mutual agreement which would have seen Cresco acquire all of the issued and outstanding shares of Columbia Care.
