What is the safest way to bet on SAFER marijuana banking reform?Marijuana stocks glowed green again on Monday due to news of progress on marijuana banking reform in Congress. According to Senate Majority Leader Chuck Schumer (D-N.Y.), the Senate is on course to pass new cannabis banking rules in the not-too-distant future. And while we've heard this song before, investors are starting to hum along again anyway.As of 10:35 a.m. ET, shares of Canopy Growth (CGC -0.07%) were up about 0.3%, Cronos Group (CRON 0 ...

Depending on who you ask, a recession is either right around the corner or the stock market is ready to rattle off a seismic bull run. As always, the answer is probably in the middle of those two extremes. But due to uncertainty surrounding the Federal Reserve's interest rate cuts, investors are stuck in a holding pattern until more data defines the country's fiscal path.Since bargains become popular when times are uncertain, we’d like to introduce a new weekly segment: Cheap Seats. Every week, we will prof ...

Aurora Cannabis Inc (TSE: ACB) is up another 35% on Wednesday after an industry executive became president of the Cannabis Council of Canada.What does it mean for $ACB? Copy link to section C3 picked Paul McCarthy as its president today. McCarthy has previously served as the head of corporate policy and international implementation at peer Canopy Growth. According to Rick Savone – a senior vice president of Aurora Cannabis who also chairs the Cannabis Council of Canada:We are confident that under his leader ...

Cannabis stocks are on the move Tuesday after the Florida Supreme Court approved the ability to add recreational marijuana use to the state’s November ballot.This measure will have residents of Florida voting for or against a new amendment that would allow the use of the drug. The court voted five to two in favor of allowing the amendment to be on the ballot.Here’s what Justice Jamie Grosshans said about the decision in a statement collected by CBS News.“Our role is narrow — we assess only whether the amend ...

Key PointsSeveral cannabis stocks surged dramatically over the previous month, igniting the sector as gains reached double- to even triple-digits in some cases.Vice President Kamala Harris supports federal marijuana legalization and urged the DEA to reschedule the drug.Germany passed a law fully legalizing marijuana, effective April 1, including possession, home growing, and distribution among social clubs.5 stocks we like better than Canopy GrowthVarious themes and sectors garnered buzz and attention as th ...

NASDAQ | TSX: ACB The Expected De-scheduling of Cannabis to Fuel Expansion of the Medical Cannabis Market in Germany EDMONTON, AB, April 1, 2024 /PRNewswire/ -- Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) – a Canadian based leading global medical cannabis company, applauds the German government's final endorsement of cannabis legalization, marking a significant step forward in bolstering patient access to medical cannabis with the official passing of the Cannabis Act. This change presents long overdue ref ...

Milestone Achievement Signals Company's Commitment to Solidifying its Leadership in the Australian Market                                                                                            NASDAQ | TSX: ACB EDMONTON, AB, March 20, 2024 /PRNewswire/ - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) – The Canadian based leading global medical cannabis company has received Good Manufacturing Practice (GMP) certification from Australia's Therapeutic Goods Administration (TGA) for its Canadian production f ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Could These Marijuana Stocks Run Today?More publicly traded cannabis companies are starting to report earnings. This alone has been another reason shareholders have seen a slight increase in trading momentum for marijuana stocks. Speculation is high in 2024 for those who are invested in legal cannabis. Political figures from all parties are starting to find common ground with the cannabis industry.With 2024 being an election year there is even more motivation to figure out how to pass federal reform. The am ...

Ordinarily, you’ll want to avoid excessively red-stained ideas. Although certain exceptions might be made for these oversold stocks ready for rebound. Certain relevant enterprises may be liable to bounce back after bearish actions have gone too far.Whether you want to call them dead-cat bounces or snapback rallies, the principle is the same. After incurring long bouts of negativity, market participants might see value shift to the other side of the equation. Nothing stays perfectly linear forever, which und ...