Is the cost of legalized cannabis too high? According to one study commissioned by the Centennial Institute at Colorado Christian University, the answer is yes.
There is unprecedented support for marijuana legalization, and advocates say the midterm elections could mark the point of no return for a movement that has been gathering momentum for years.
The broader stock market took a tumble last week and brought the cannabis stocks down as well. However, considering how high they had gotten, a little reversal seems healthy.
The big news this week, of course, was Canada. The country began its legal adult use cannabis sales on the 17th. While there wasn't a huge amount of dispensaries open, there were some that began sales at midnight.
MedMen (MMNFF) continues its spending spree. The company is buying Pharmacann in a deal valued at $682 million. And seed-to-sale technology provider MJ Freeway has agreed to a merger with MTech Acquisition Corp.