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