Sunday, December 22, 2024

Finance

Don’t Hold Your Breath For Marijuana Banking In 2019

While it's not unreasonable that we will see the Safe Banking Act sail through the House yet in 2019, the Senate isn’t going to touch this bill with a ten foot pole.

Should Investors Buy Marijuana Stocks?

Does owning marijuana stocks raise the same ethical issues as owning stocks in an alcohol or tobacco firm – or are they more like pharmaceutical stocks?

Weed Sales Expected To Surpass Wine During Holiday

During the holiday week, legal marijuana sales jumped to $400 million nationwide, which is 60 percent above average, according to sales data.

Baby Sussex Is Already Worth A Fortune

Archie Harrison Mountbatten-Windsor is not even a week old and already, the first child of Meghan Markle and Prince Harry is worth more than most people who work their entire lives.

Green Market Report: Marijuana Money March 1

Martha Stewart enters the marijuana market with a line of CBD products, Curaleaf buys Eureka Investment Partners in a deal valued at $30.5 million...and more, in this week's Money Report.

Green Market Report: Marijuana Money Feb. 15

The state of Colorado reported that marijuana revenue came in at $266.5 million in 2018, Congress held a hearing on banking services for the cannabis industry, and more...in this week's Marijuana Money report.

What Will Congress Do With Cannabis Banking Following Initial Hearings?

To date, no bank that has dared work with marijuana, but that hasn’t given most of them the peace of mind to engage in this practice consistently like they do with other business sectors.

Could This Offshore Tax Haven Ease Cannabis Laws For American Companies?

Marijuana companies seeking offshore European tax havens to set up shop, look no further; the Isle of Man is about to loosen its cannabis laws.

Why Haven’t Canadian Pot Stocks Exploded As Expected?

Pot stocks have been relatively flimsy this week since a report from Statistics Canada showed that cannabis consumption hasn’t changed much since the legal pot market was rolled out.

Venture Capital Investment in Cannabis More Than Doubles in 2018

Pitchbook recently released its 2018 results for cannabis related investments, and the data is impressive: 139 deals scooped up a whopping $881 million.

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