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Stories published on May 22
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  • Stories published on May 22

Wednesday, May 22

19

Cannabis Rescheduling Signals Strong Returns, Tax Breaks Could Increase This Stock's Market Cap By 170%

www.benzinga.com

According to a recent report by Pablo Zuanic of Zuanic & Associates, MariMed (OTC: MRMD) a multi-state cannabis operator (MSO) is positioned for significant stock gains.

Tuesday, May 21

20

Cannabis Stocks And ETFs Surged On Marijuana Rescheduling News: WTR's Industry Report Analyzes What's Behind The Optimism

www.benzinga.com

The Department of Justice (DOJ) move to reclassifying cannabis from Schedule I to Schedule III provoked a noticeable uptick in cannabis market activities, as detailed in the latest industry report by Water Tower Research (WTR).

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Easy-To-Trade Cannabis Stocks: Insights Into How Trading Activity Affects These Investments

www.benzinga.com

The trading volume of a stock reflects the number of shares bought and sold within a given time. This is called liquidity. The term is used because it likens the ease of converting assets to cash to the fluidity of water. Why is this…

Monday, May 20

23

Cannabis Stocks Under $2: Why Are These Small-Cap Shares Up While Broader Sector Is In The Red?

www.benzinga.com

Four lesser-valued cannabis stocks showed positive performance on Monday, defying the broader sector's downtrend. These stocks—Medical Marijuana Inc., TILT Holdings, Trees Corp., and Village Farms International —present potential…

15

Cannabis Rescheduling: When Will It Happen? Expert Lays Out Timeline, Risks And Wild Cards

www.benzinga.com

The Department of Justice (DOJ) confirmed that it has started the formal rulemaking process to reclassify cannabis to Schedule III. This significant step reinforces the positive outlook for cannabis stocks.

Saturday, May 18

17

Cannabis Meets Prescription Drugs, Steroids And Ketamine In Schedule III: What It Means, Key Stocks To Watch

www.benzinga.com

President Joe Biden's administration is moving to reschedule cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA).

Friday, May 17

23

Remembering Michael Berger And His Impact On The Cannabis Industry

www.benzinga.com

Michael Berger, founder of Technical420, managing partner of StoneBridge Partners and the beloved maven behind Benzinga Cannabis Research, our cannabis stock analysis and trading subscriber-only platform, tragically passed away last…

17

What's Going On With Cannabis-Producer Akanda's Stock?

www.benzinga.com

The Department of Justice reportedly planned to issue a notice of proposed rulemaking on Thursday that would reclassify marijuana to Schedule III after a 60-day public comment period. Major players in the marijuana industry, including…

15

Tilray to sell a large block of stock as it preps for cannabis reclassification

www.marketwatch.com

Tilray Brands is getting ready for marijuana to be reclassified as a less dangerous drug in the U.S., as the cannabis company is looking to raise money through the sale of shares so it can expand.

Thursday, May 16

23

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Cannabis stocks rise as U.S. moves to reclassify pot as less dangerous

www.marketwatch.com

Cannabis companies including Cresco Labs, Trulieve and Ayr Wellness post solid gains

Weed Stocks Rally After Biden Makes Marijuana Reclassification Announcement

www.benzinga.com

Shares of marijuana growers and cannabis-related companies are trading higher Thursday after President Biden announced that the Department of Justice has moved to reclassify marijuana from a Schedule I substance to a Schedule III.

Wednesday, May 15

17

U.S. cannabis-dispensary operator Cresco Labs posts narrower loss as revenue dips

www.marketwatch.com

Cresco Labs Inc.’s stock rose Wednesday after the U.S. cannabis-dispensary operator matched analyst estimates for first-quarter revenue, as its loss narrowed.

Tuesday, May 14

00

Largest Cannabis Co. Curaleaf's $1.5B Projected Revenue For 2025: Analyst Raises Rating To Outperform

www.benzinga.com

Wedbush Securities released a report on Curaleaf Holdings, Inc. (OTC: CURLF), the largest U.S. cannabis company by market cap, raising the stock's 12-month price target to $7.00 from $6.00 and maintaining a buy recommendation (Outperform…

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Analysts May Need To Revise Cannabis Stock Projections For 2024: 10 Companies Surpass EBITDA Estimates By $37M

www.benzinga.com

Cannabis equity analysts may need to revise their 2024 earnings estimates after first-quarter results from major multi-state operators (MSOs). According to a recent report by Viridian Capital Advisors, 10 MSOs surpassed EBITDA estimates by…

Monday, May 13

13

Thursday, May 9

23