Brookline’s budding marijuana industry is proving lucrative for the town: Since fiscal year 2017, marijuana retailers have paid out more than $4.7 million in community impact revenue, plus an additional $3 million from sales taxes.  The local pot industry began with Brookline Village’s New England Treatment Access, which opened the town’s first med
If you want a metaphor for our changing nation, cannabis provides a good one — in real-time. No issue or idea, industry, or individual better exemplifies it.  It's been 50 years since the U.S. implemented the Controlled Substances Act (CSA) — the law that began and never really ended the so-called "war on drugs." Cannabis is listed in the CSA with
  The move will allow recreational marijuana stores to expand further than the current seven marijuana zones in the municipality. The largest in the state of Illinois, Chicago has allowed 18 adult-use cannabis retailers so far, among the 110 statewide. While marijuana retailers are now able to open without special approval from Chicago regulators,
Robinhood (NASDAQ:HOOD) investors like cannabis stocks. That seems clear considering that there are seven cannabis stocks on the trading platform's 100 most popular list. Two of those stocks made the top 20 on the list. Sundial Growers (NASDAQ:SNDL) currently ranks No. 4, while Aurora Cannabis (NASDAQ:ACB) holds the No. 16 spot. But Sundial and Aur
If you work with products that are not criminalized by the federal government, you may not think you have anything to learn from companies in the cannabis and hemp industry. But, as these entrepreneurs navigate unique security problems and a patchwork of intense state-by-state regulations, they are participating in a grand business experiment that
With the passage of HB 3000, a lot is about to change in Oregon’s hemp industry.One of the more immediate changes registered hemp growers may notice is additional enforcement action in areas of the state where illegal grows and “hot” hemp has become a large concern over the past year or so. Original link
Former Michigan basketball and NBA star and Detroit native Chris Webber is planning to open a cannabis "compound" in southwest Detroit, which will include a marijuana operations and training facility, a cultivation facility, a dispensary and a cannabis consumption lounge. Webber broke ground Tuesday on the 180,000-square-foot, $50 million facility,
Cannabis beverage stocks are gathering steam as the marijuana legalization debate moves forward. A landmark piece of legislation to federally legalize marijuana will be put forward to a vote in front of the House Judiciary Committee. This past week, the House passed a $768 billion defense spending bill which includes an amendment protecting banks o
Felons will no longer be automatically barred from getting a cannabis license in Washington State, beginning next Saturday on October 2. Several updates to the rule now allow some people with serious felonies to obtain cannabis licenses, on a case-by-case basis. That’s thanks to a new rule set by the Washington State Liquor and Cannabis Board that
Are you looking for top marijuana stocks to buy before October? Last week the cannabis sector and overall markets experienced some market volatility and pulled back during the first half of the week. But with an announcement from Congress that the SAFE Banking Act passed in the House the best cannabis stocks to invest in rallied to close the week.
Cannabis stocks, growth stocks, and all kinds of investments have been volatile this month. The S&P 500 is down nearly 2% since the start of September and the Horizons Marijuana Life Sciences ETF has dropped by 9%. Although some investors may feel the urge to scramble for the exits, the recent sell-off could present some attractive buying opportuni
Action by the USA’s Securities and Exchange Commission in connection to a couple of cannabis related crowdfunding schemes highlights the need for would-be investors to be cautious. Early this week, the SEC charged multiple parties over what it alleges was a fraudulent scheme to sell nearly $2 million of unregistered securities through two crowdfund
Michigan’s hemp industry could get up to $100 million in federal funds to help it compete globally under a proposal pushed by a nationwide growers association. The state is one of four with emerging hemp industries targeted by the National Hemp Association (NHA) along with Oregon, New York and Florida. The funding would be for developing a “regiona
When you're looking for stocks that you can buy and hold for many years, it's perfectly fine to be picky about the companies to add to your portfolio. Personally, I'm extremely choosy in selecting stocks, and I take as much time as I feel comfortable with to perform due diligence on a company before I take the plunge. The marijuana industry has cau
No matter where you live in the United States, it’s safe to say that the cannabis industry has come a long way in the past couple of decades. Back toward the beginning of the New Millennium, if I had told you that recreational cannabis would be legal in 18 states and that medical marijuana would be permitted in 37 states, you would have most likely
U.S. cannabis stocks like Cresco Labs  (CRLBF) , Curaleaf  (CURLF) , Green Thumb Industries  (GTBIF) and Trulieve Cannabis  (TCNNF) - Get Trulieve Cannabis Corp. Report were rising Thursday following a Congressional vote on a cannabis banking measure.The SAFE Banking Act  was adopted by a voice vote in the U.S. House Thursday as a part of this year