Green Thumb Industries Inc (Sub Voting) News
Cannabis News Week: SAFE Act Won't Be Part of Competes Bill
Congressional Republicans were successful in removing the SAFE Banking Act from the Competes Act bill, dealing another blow to the cannabis industry.
New Jersey Cannabis Market Starts Up, Well, Smokin'
New Jersey's 13 dispensaries averaged $5 million in sales a week.
New Jersey Cannabis Market Set to Open but Has a Long Row to Hoe
New Jersey on April 21 will become the latest state to allow recreational cannabis sales, but there are still a number of bumps in the road.
Cannabis Player Planet 13 Has Big Expansion Plans
Planet 13 is based in Nevada but it recently opened a 'superstore' in California and plans to open another in Chicago. It also has expansion plans for a state in the South.
Cannabis MSO Growth Slowed in Q3 After Double Digit Gains in Q2
Cannabis MSOs saw revenue growth fall in the third quarter compared to double digit growth in the second.
Breaking News
Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests
Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.
Playtika Stock Surges On Report of Joffre Capital Interest in Online Casino Gaming Group
Axios reported late Monday that tech buyout group Joffre Capital is seeking a majority stake in the online casino video game group.
Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots
"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.