Marijuana Stocks Report

Adult-Use Cannabis Legalization Bills Advance in New Hampshire and New Mexico, MedMen CEO Steps Down: Week in Review At least 30,000 customers across multiple U.S. cannabis dispensaries have been impacted by a data breach linked to point-of-sale software company THSuite, and Matthew Dunn, associate managing director in the Cyber Risk Practice of Kroll, says the news should get cannabis business […]

Detroit Delays Legal Cannabis Sales, More Flawed Decision-Making Michigan became one of the newest states to fully legalize cannabis, on December 1, 2019. In many respects, it epitomizes why cannabis legalization is failing (or at best, making very slow progress) in many U.S. states. Michigan has learned very little from states (like California) that have failed miserably in creating the […]

Xtraction Services Enters Into Strategic Partnership With KushCo Taking a 19.9% Ownership Position Xtraction Services Holding Corp. (“Xtraction Services”, “XS” or the “Company”) (CSE:XS) (OTCQB: XSHLF), a specialty finance company engaged in equipment leasing in the United States, announced today that it has entered into a definitive agreement (the “Definitive Agreement”), and Strategic Partnership and Cooperation Agreement (the “SPCA”), with […]

MedMen CEO Adam Bierman Steps Down, Surrenders Super Voting Shares in Company Several state legislatures are considering adult-use cannabis legalization proposals this year, but those efforts could be abruptly halted if the states’ governors oppose policy reform efforts. So, where do governors stand on the issue in 2020? NORML released its 2020 Gubernatorial Scorecard Jan. 29, and assigned a letter […]

Missourians for a New Approach Collecting Signatures to Place Adult-Use Marijuana Initiative on November Ballot Several state legislatures are considering adult-use cannabis legalization proposals this year, but those efforts could be abruptly halted if the states’ governors oppose policy reform efforts. So, where do governors stand on the issue in 2020? NORML released its 2020 Gubernatorial Scorecard Jan. 29, and […]

SEC Alleges Pyramid Scheme Run by Fraudulent Cannabis Business Executives in California, Washington Several state legislatures are considering adult-use cannabis legalization proposals this year, but those efforts could be abruptly halted if the states’ governors oppose policy reform efforts. So, where do governors stand on the issue in 2020? NORML released its 2020 Gubernatorial Scorecard Jan. 29, and assigned a […]

Driven Deliveries to Acquire Humboldt Heritage Inc The Cherokee Nation, one of the largest tribes in the U.S., has formed a work group to study various facets and potential benefits of hemp and cannabis. Under Cherokee law, it is currently illegal to use or possess cannabis on all tribally owned properties. The tribe, based in Tahlequah, Okla., recently revised its […]

National Cannabis Industry Association Releases Extensive Report on Vaping Illness and Related Policy LOS ANGELES, Jan. 28, 2020 /PRNewswire/ — PRESS RELEASE — Driven Deliveries has announced the company’s letter of intention (LOI) to purchase Northern California-based legacy cannabis distribution company, Humboldt Heritage Inc. (HHI), and its subsidiaries, Humboldt Sun Growers Guild LLC (HSGG) and Grateful Eight LLC (G8). The […]

Two Canadian Cannabis Leaders In Legal Spat Call it “growing pains”. News is out of a legal dispute between major Canadian LP, Hexo Corp (US:HEXO / CAN:HEXO) and extraction leader, MediPharm Labs (CAN:LABS / US:MEDIF). MediPharm is alleging CAD$9.8 million is outstanding with respect to an extraction contract between MediPharm and Hexo. Hexo acknowledges the dispute. However, Vice President of […]