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Marlboro-maker Altria is reportedly in talks to buy marijuana producer Cronos...
Altria, the tobacco giant behind well-known brands like Marlboro, is reportedly in talks to acquire Canadian marijuana producer Cronos Group, according to Reuters. The two companies have not yet agreed...
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A marijuana tax could help fix New York's crumbling subway system
New York City's subway system has been in a "state of emergency" for more than a year now, as Gov. Cuomo once described.The state estimates it needs $4 billion to fully modernize the system and replace...
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'Everybody thinks they're going to make billions overnight': Mexico's former...
Former Mexican President Vicente Fox is a big booster of the nascent cannabis industry, but he warns against "excessive optimism.""Everybody thinks they're going to make billions overnight," Fox told...
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The cannabis producer Aphria is plunging after announcing a committee will...
Aphria on Thursday said it had named a committee to review its acquisition of the medical-cannabis company LATAM Holdings.On Monday, a short-seller put out a report saying the acquisition was largely...
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A top cannabis CEO talks about what's next following a $300 million merger,...
US cannabis companies are racing for scale as more states continue to reform marijuana laws.Some operators, however, are taking a more deliberate approach."Our lens is really built around scarcity of...
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'An investment of this magnitude provides overall legitimacy to the sector':...
Altria, the tobacco maker behind popular brands like Marlboro, announced on Friday that it intends to invest $1.8 billion for a 45% stake in marijuana cultivator Cronos Group.Wall Street reacted...
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Why a white-shoe law firm working with a Canadian pot company on a $1.8...
Altria, the tobacco behemoth behind popular brands like Marlboro, announced on Friday that it intends to sink $1.8 billion into a 45% stake in Cronos Group, a Canadian marijuana producer.Sullivan &...
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A top marijuana-focused fund is raising $75 million to make venture...
Poseidon Asset Management, a marijuana-focused fund, is raising $75 million to go after Series A or later investments in marijuana companies, said Morgan Paxhia, a managing partner.The fund will be...
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New Zealand is about to relax its marijuana laws, and it could lead to total...
New Zealand made marijuana legal for terminally ill patients with a new law passed on Tuesday.The Health Minister David Clark says it will give 25,000 people relief from pain in their final days.The...
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A top marijuana CPA says the 'bubble will burst' for weed M&A deals
The marijuana industry might be suffering from an M&A bubble — and it's going to burst. "I'm nervous about the valuations out there on the M&A deals," said Mitzi Hollenbeck, a partner at...
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Congress just quietly passed a law that could spark a boom for the $1 billion...
The US Farm Bill passed on Wednesday legalizes hemp, a plant that's roughly identical to marijuana and is a key source of highly touted wellness ingredient CBD.The bill defines hemp as an agricultural...
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Old-school accounting firms are finding the emerging marijuana industry to be...
Bookkeepers are finding that the emerging marijuana industry can be a boon for business.The complicated, constantly evolving regulations around marijuana in the US — not to mention, the gold-rush...
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A new law legalizes a key source of CBD, which is showing up in everything...
CBD and THC are both cannabinoids and have the same chemical makeup, but their effects on the body are quite different.CBD-containing products like lip balms, lotions, and oils are being touted for...
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California's largest pension fund snapped up shares of marijuana producer...
Institutional investors are slowly getting more comfortable with the emerging marijuana industry.CalPERS, one of the largest US pension funds, snapped up a small stake in Tilray, a Canadian marijuana...
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A fund that's crushing 99% of its peers this year reveals why it's betting...
The Zevenbergen Genea Fund has outperformed most of its peers this year with great help from a cannabis stock.The fund, which invests for the long haul in high-growth stocks, sees the legal-cannabis...
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New York Gov. Andrew Cuomo says legalizing marijuana is one of his top...
New York Gov. Andrew Cuomo said legalizing marijuana is one of his top legislative priorities for 2019.It's a stark reversal of his previous position. He called marijuana a "gateway drug" as recently...
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Famous short seller Andrew Left says the marijuana producer that was recently...
Short seller Andrew Left's firm Citron Research on Tuesday afternoon released a bullish report on Canadian marijuana producer Aphria. Aphria was recently targeted by short sellers who called three...
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One of Canada's largest investment banks wants a piece of the $194 billion...
The Royal Bank of Canada's investment banking arm is moving into the marijuana industry. "We're going to be selective in our approach, frankly, but within the bank we've established a policy that we're...
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The maker of Budweiser is teaming up with Tilray to explore marijuana-infused...
Tilray shares jumped as much as 18% late Wednesday after the cannabis producer announced a partnership with AB InBev to research non-alcohol beverages containing THC and CBD.The partnership between the...
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Cannabis use could lower a person's sperm concentration which makes it more...
A new study from Duke University found that people who use cannabis, the plant marijuana is derived from, may have lower sperm concentrations than those who do not use cannabis.Sperm concentration is...
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