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Stories published on May 30
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  • Stories published on May 30

Thursday, May 30

22

Cannabis company Canopy Growth loss narrows as operating expenses drop

www.marketwatch.com

Canopy Growth’s stock rises as cannabis company’s revenue matches Wall Street estimates.

Top Ohio Cannabis Companies: Analyst Look At Stocks With Potential Market Cap Gains

www.benzinga.com

How will Ohio's cannabis market shape up as it transitions to adult-use recreational sales? Senior analyst Pablo Zuanic outlines in his recent report the potential growth and value creation for state multi-state operators (MSOs). Zuanic’s…

21

TDR Research Rates Trulieve Cannabis A 'Buy', Potential 46% Stock Price Upside

www.benzinga.com

TDR Research has recently initiated coverage of multi-state cannabis company Trulieve (OTC: TCNNF), assigning it a “Buy” rating based on an extensive analysis of the company's financial health and growth potential. The report highlights…

Tuesday, May 28

23

Friday, May 24

Asset-Light Expansion Into $8B German Market Adds Potential To This Cannabis Stock On NASDAQ

www.benzinga.com

The potential rescheduling of cannabis in the U.S. and the growing demand in Germany positions InterCure (NASDAQ: INCR), the leading seller of pharmaceutical cannabis outside North America, to capitalize on these opportunities, according…

15

What's Going On With Medical Cannabis Company Akanda Stock Friday?

www.benzinga.com

Akanda implements a 1-for-40 reverse stock split on its ordinary shares effective May 23, 2024. The new CUSIP number for the ordinary shares following the reverse stock split is 00971M304.

02

TILT Holdings' Cannabis Sales Steady Despite Supply Disruptions, Are Debt And Stock Dilution Posing Risks?

www.benzinga.com

TILT Holdings' (OTC: TLLTF) first-quarter 2024 results reveal disruptions in the vape hardware segment, which accounts for 71% of the company's sales in 2023. Pablo Zuanic from Zuanic & Associates notes, "Disruptions on the supply side of…

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).

01

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

21

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