Trulieve Cannabis Corp (Sub Voting) News
Cannabis Week: Michigan Sales Record; CEO Pay Surges; Musk Weighs in
Cannabis product sales in Michigan hit $210 million in in July, topping a previous record set in April.
Cannabis Earnings Season Preview: Are Customers Cutting Back?
Cowen analysts recently suggested that cannabis companies could have a tough time. More than 20 are expected to report financials in August.
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.
Trulieve Stock Up As Company Announces 15th Profitable Quarter
Trulieve (TCNNF) stock is up after the cannabis producer announced third-quarter gross profit of $153.9 million and a gross margin of 68.7%.
Marijuana stocks soar amid leaked legalization bill
Shares for Cannabis ETF, Curaleaf and Green Thumb Initiatives all soared significantly in the last two days
U.S. Cannabis Stocks Rise on Effort to Allow Bank Financing
Measure to allow banks to finance the cannabis industry passes voice vote in U.S. House.
Cannabis Stocks Dragged Down by Market Selloff
The U.S. FDA and CDC issued a warning about delta-8 THC Tuesday which also may be weighing on the cannabis sector Tuesday.
Cannabis Stocks Jump; Schumer to Unveil Federal Legalization Bill
Cannabis stocks get a boost as New York Sen. Schumer prepares to introduce a bill that would legalize cannabis at the federal level.
Cannabis Stock Watchlist: Cronos Rises on Investment in PharmaCann
The benchmark ETFMG Alternative Harvest ETF was little moved last week, but Cronos shares are rising after it announced a new investment.
Hexo Jumps After Purchasing Redecan for C$925 Million
Hexo is looking to become a top cannabis player in the Canadian adult-use market through the acquisition of Redecan.
Breaking News
Johnson & Johnson Stock Lower After Unveiling End To Global Baby Powder Sales In 2023
Johnson & Johnson, which began selling Baby Powder in 1894, will end all sales of the talc-based product next year.
Apple Stock Edges Higher After Report Indicates iPhone Demand Confidence
Apple is asking assemblers to put together 220 million iPhones this year, Bloomberg reported, a tally that largely matches 2021 levels.
Struggling Electric-Truck Maker Nikola Makes a Major Change
Electric-truck manufacturer Nikola, like the broad vehicle industry, has been struggling with supply-chain issues.
Illumina and the Quest for the (Holy?) Grail
DNA-sequencing leader Illumina swung to a loss in Q2 2022. Contributions from Grail didn't help.