CNBS

Canopy Growth, Tilray, and other cannabis names flame out after Thursday surge

Thursday's double-digit percentage increases in the stock prices of most US multi-state operators and Canadian licensed producers are now in the rear-view mirror as cannabis companies are mostly down Friday.Marijuana stocks spiked on Thurs...

HHS, DoJ pledge to work together on reviewing how marijuana is scheduled

In the wake of President Biden's announcement on Thursday that he wants a <a href="https://seekingalpha.com/news/3889502-cannabis-multi-state-operators-soar-as-biden-calls-for-marijuana-federal-scheduling-review?utm_medium=referral&utm_source=web...

Group of House Republicans comes out against marijuana legalization

A group of conservative House GOP lawmakers known as the Republican Study Committee (RSC) is opposed to efforts to legalize marijuana, alleging that its use during childhood and adolescence leads to suicide and violent crime. The o...

SAFE Plus cannabis legislation could be gaining ground in the Senate

"SAFE Plus," potential legislation that would allow legal cannabis businesses access to the US banking system as well as provide a handful of other marijuana reform measures, could be coming closer to fruition.That's the assessment from Ca...

New York receives more than 900 applications to operate adult-use marijuana dispensaries

The New York State Office of Cannabis Management (OCM) received 903 applications to operate adult-use marijuana dispensaries around the state. For this initial round of applications, the state allowed only those who were previously...

Marijuana opposition group wants Schumer to schedule vote on cannabis research bill

A dozen members of the scientific advisory board to Smart Approaches to Marijuana ("SAM"), an organization opposed to marijuana legalization, are calling on Senate Majority Leader Chuck Schumer (D-N.Y.) to schedule a vote on a cannabis research b...

Booker says marijuana legalization needed to solve 'twin crisis'

Sen. Cory Booker (D-N.J.) said that marijuana legalization is needed two solve the "twin crisis" of people still being arrested for cannabis possession and the inability of those operating legal cannabis businesses to access the banking system.</...

Republican congressmen want answers from FDA on cannabis CBD regulations

A pair of Republican congressmen are asking US FDA Commissioner Robert Califf to answer questions on why there is a lack of regulations on CBD, a compound found in cannabis also present in some food products and supplements.Reps. Morgan Gr...