Top cannabis CEOs say Canopy Growth's $3.4 billion purchase of pot cultivator...
The Canadian pot company Canopy Growth last week announced it entered an agreement to purchase Acreage Holdings, a US pot company, for $3.4 billion, conditional on the federal legalization of marijuana...
View ArticleBNY has quietly started working with a marijuana ETF — and it’s about to be...
BNY Mellon is serving as a custodian bank for a new, actively managed marijuana ETF that trades under the ticker 'YOLO,' the bank confirmed to Business Insider. The bank's move could solve one of the...
View ArticleThere may be a link between regular cannabis use and psychotic episodes, a...
A study recently published in Lancet Psychiatry suggest that regular cannabis consumers may be \ risking their mental health.According to the study, there's a connection between regular cannabis use...
View ArticleJobs in pot are at an all-time high, but the boom is causing rifts in the...
Jobs in the cannabis industry are growing rapidly, according to The New York Times.Though specific job metrics are not yet tracked, sites like ZipRecruiter and Indeed report 200,000 to 300,000 jobs in...
View ArticleThe CEO of cannabis company with a slick new dispensary in Brooklyn talks...
Medical cannabis company Columbia Care started trading on the NEO Exchange on Monday after it was acquired by Canaccord Genuity Growth Corp, a SPAC. The deal values Columbia Care at $1.4...
View ArticleTop cannabis investors reveal where they're placing bets, but say there's...
Some of the world's top investors in the cannabis industry discussed the trends they're chasing — and what they're skipping — at a conference in downtown Toronto last week.The investors, who all manage...
View ArticleWe got an exclusive look at the pitch deck buzzy marijuana tech startup...
Headset, an analytics startup for the cannabis industry, recently raised a $12.1 million round from a range of investors inside and outside of the cannabis world.The startup also inked deals in March...
View ArticlePeople who use marijuana may need more sedation medication for surgery. Here...
People who regularly use marijuana could need higher levels of sedation medication before surgery, according to a new study.Researchers believe cannabis may potentially desensitize certain receptors in...
View ArticleMarijuana retailer Curaleaf is snapping up Cura Partners for $949 million in...
Curaleaf announced on Monday it is acquiring Cura Partners, which operates the popular Select brand, in an all-stock transaction valued at $949 million.It's the largest US marijuana transaction to...
View ArticleWarren Buffett and Charlie Munger say Coca-Cola getting into cannabis would...
Warren Buffett and his right-hand man, Charlie Munger, advised Coca-Cola not to enter the cannabis business.Buffett's Berkshire Hathaway is the largest investor in the soft-drink maker, owning a $19.5...
View ArticleTwice as many Canadians are trying marijuana for the first time since it was...
Twice as many Canadians are trying pot compared to this time last year, according to a report from Canada's national statistics agency.Canada legalized recreational marijuana in October 2018.A large...
View ArticleHedge fund Marcato will fight against Acreage's sale to Canopy Growth, and...
The activist hedge fund Marcato Capital Management said it would vote against the marijuana retailer Acreage Holdings' landmark sale to Canopy Growth.Canopy Growth paid $300 million in April for the...
View Article8 incredible facts about the booming US marijuana industry
The US marijuana industry is worth billions of dollars, and is showing no signs of slowing down.Ten US states have legalized recreational marijuana use, and 33 have legalized medicinal use.Read on for...
View ArticleParents gave their 6-month-old son CBD oil while he was going through chemo....
When Danielle and Brian Dwyer's son Waldo was six months old, he was diagnosed with a rare form of eye cancer that required chemotherapy.After starting chemo, Waldo couldn't sleep, had trouble eating...
View ArticleCannabis producer Cronos Group rises despite posting wider loss, missing on...
The cannabis producer Cronos Group posted disappointing sales as losses widened. Despite this, shares were were up nearly 4% early Thursday.Watch Cronos Group trade live.Cronos group reported...
View ArticleA business manager for Hollywood celebrities and billionaires explains why...
Michael Brown, a business manager who advises ultrarich Hollywood celebrities and professional athletes, says his clients are eager for chances to invest in plant-based-burger makers.Brown says the...
View ArticleEvidence is mounting that psychedelic drugs can help treat diseases. Here are...
There's been a recent resurgence of interest in psychedelic drugs' potential to address conditions like anxiety and depression. That research is beginning to lead to the development of new and novel...
View ArticleCanopy Growth's CEO is pushing back against activist investors and says...
Canopy Growth CEO Bruce Linton said the chance of the landmark Acreage Holdings deal not going through is "like 0%" at an exclusive breakfast at Anthony Scaramucci's SALT Conference in Las Vegas.Linton...
View ArticleElon Musk made another 420 joke while unveiling 60 high-tech satellites that...
Elon Musk made a joke about 420, a reference to smoking marijuana, on Saturday as part of the reveal of 60 high-tech satellites. The satellites are part of a bold gambit at bringing ultra-high-speed...
View ArticleA $1.2 billion asset manager that's quietly built one of the largest...
$1.2 billion JW Asset Management is quietly raising money for a pure-play cannabis fund.The fund is targeting approximately $50 million over the next six months, but will accept money each month, said...
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