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Cannabis Roundup: State Legislature Edition

South Dakota lawmakers want to place stricter restrictions on its medical cannabis industry while Texas is slightly loosening its grip on that state's medical industry.

Tilray, Aphira Surge on Report of Merger Talks

Combined cannabis company would likely move headquarters to U.S.

Aurora Cannabis to Acquire Reliva for $40 Million in Stock

The Canadian cannabis company says the move will be immediately accretive to Aurora shareholders.

Canopy Growth to Take up to C$800M Charge; Cuts Jobs, Closes Greenhouses

Canopy Growth also says it won’t bring a third greenhouse online.

Canopy Growth Shoots Higher After Big Upgrade of Pot Grower

Retail sales of pot have begun to pick up in Canada, with encouraging signs as well that outlets are also working through a glut in inventory, the BofA Merrill Lynch analysts noted.

Breaking News

Elon Musk Throws Dogecoin a Lifeline

Elon Musk will soon allow Dogecoin to purchase SpaceX merchandise.

Disney Fans Angry, Excited About New Guardians of the Galaxy Ride

The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.

Aurora Cannabis Slashing Weed Capacity in Profitability Push

Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.