This Is How Marijuana Stocks Can Benefit From New Reform Measures The big focus for marijuana stocks and the cannabis industry is reform. Right now there is a major uproar about the recent announcement from the DEA about rescheduling cannabis. The DEA has agreed that they will reschedule cannabis to a class 3. Now at first, this came as a shock as this has been a hard-fought battle. At this time it also created a rise in trading for most marijuana stocks. But as people begin to take a closer look at what this means is it a win? So to some degree, yes bringing cannabis down from a Schedule 1 su ..read more

Tilray Brands Launches XMG Zero, a New ‘Better for You’ Cannabis Beverage Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced a bold new range of cannabis-infused beverages from XMG, under two of its sub-brands: XMG Zero and XMG Plus (“XMG+”). XMG Zero, an extension of XMG’s original core line, now offers two new THC beverages: Cream Soda Zero and Orange Soda Zero. XMG+, a boosted version of XMG original, focuses on high CBG and guarana extract (for naturally occurring caffeine), while revealing their new Banan ..read more

Canadian Cannabis Market Leaders: Stocks to Watch This May As May 2024 begins, Canadian cannabis companies are catching the eye of savvy investors. Among these, Canopy Growth Corporation and Aurora Cannabis stand out for their expansive market reach and innovation. These companies have been pioneers in the cannabis industry, expanding their operations globally. They are well-positioned to capitalize on emerging markets. This is due to their early entry and continuous investment in research and development. The global cannabis industry is experiencing rapid growth, fueled by increasing legaliza ..read more

SunStream USA Poised to Acquire Cannabis Assets SNDL Inc. (Nasdaq: SNDL) (“SNDL”), through its joint venture in SunStream Bancorp Inc. (“SunStream Bancorp”), today announced the SunStream USA group of companies (collectively, “SunStream USA Group”) intends to proceed with the acquisition of equity positions in U.S. cannabis assets. This follows the completion of a review by SNDL’s listing authority, Nasdaq. SNDL has been in regular and active dialogue with Nasdaq, in respect of structuring and governance related to the SunStream USA Group. Based on SNDL’s opinion of counsel and Nasdaq’s review ..read more

High Tide Opens Canna Cabana in Owen Sound, Ontario High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 1660 20th Avenue East, Owen Sound, Ontario has begun selling recreational cannabis products and consumption accessories for adult use. This opening marks High Tide’s 169th Canna Cabana branded retail cannabis location in Canada, the 60th in the province of Ontario and the 1st ..read more

High Tide Announces Appointment of New Chief Financial Officer High Tide Inc. (“High Tide” or the “Company”) (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that Mayank Mahajan has joined the Company in the role of Chief Financial Officer. Mr. Mahajan brings an exceptional range of expertise from a career in financial services, technology, manufacturing, trading and leasing that spans more than 15 years. Among his more notable accomplishments, he has overseen M&A and bu ..read more

Marijuana Stocks To Watch If The DEA’s Deal Goes Through News on federal reform has been the best catalyst for most marijuana stocks. For many years now there have been major efforts to federal legalize or reschedule cannabis. When there is progressive news on the matter it typically leads to better trading for marijuana stocks. This uncertainty with reform has also led to intense volatility in the cannabis sector. It has made it tough to take profits but a bit easier to find top marijuana stocks to buy. Yet in recent news, the DEA has announced it agrees to terms of rescheduling cannabis to a ..read more

Navigating Cannabis Investments: Stocks to Consider in May 2024 As we head into another exciting week in the financial markets, marijuana stocks are drawing significant attention. Investors keen on tapping into the burgeoning U.S. cannabis industry, valued at around $33.6 billion in 2023, with projections reaching up to $53.5 billion by 2027, should keep an eye on these volatile yet potentially rewarding stocks. Notably, the industry continues to expand across medical and recreational fronts, driven by increasing legalization and acceptance. This week, examining specific market players through ..read more

Cresco Labs to Report First Quarter 2024 Financial Results on May 15, 2024 Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) (“Cresco” or “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today announced it will report financial results for the first quarter ended March 31st, 2024 on Wednesday, May 15th, 2024 before the market opens. The Company will host a conference call and webcast to discuss its financial results and provide investors with key business highlights. Event: Cresco Labs Fi ..read more

Charlotte’s Web to Host Virtual Annual General & Special Meeting of Shareholders on Charlotte’s Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF)  (“Charlotte’s Web” or the “Company”), the leading provider of hemp-derived CBD wellness products, announces details of its upcoming 2024 Annual General and Special Meeting of Shareholders (the “Meeting”) on June 13, 2024. The Meeting will begin at 10:00 A.M. Mountain Time and will be held in a virtual format and will be conducted by live audio webcast at http://www.virtualshareholdermeeting.com/CWEB2024. The Meeting will include newly proposed ..read more