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Cannabis stocks are rising to new heights as the smoke begins to clear around the 2020 election.
Shares in big weed companies soared on Thursday as investors began to price in a victory for
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The specifications for future cannabis-based drugs, which will be used in an experiment from next year, were published on Sunday, October 18.
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Jim Belushi is eager for you to see how his career has gone to pot. The actor, Blues Brother and TV veteran (ABC’s “According to Jim”) stars in “Growing Belushi,” a three-part Discovery series taking viewers inside the legal cannabis business he runs from his southern Oregon spread, Belushi’s Farm. It premieres Wednesday at 10 …
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Don’t believe what you’ve read: Clint Eastwood isn’t leaving Tinseltown to pursue a career hawking CBD products. The Academy Award-winning actor, producer and director, known for his roles in “Dirty Harry,” “The Good, the Bad, and the Ugly,” and “Gran Torino,” filed two lawsuits in Los Angeles federal court on Wednesday against CBD manufacturers, marketers …
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Dan Bilzerian’s new pot company may soon go up in smoke. The latest venture from the hard-partying, self-proclaimed “King of Instagram” — Ignite International, which sells a smorgasbord of weed-related products — burned through $50 million last year. Ignite lost $43 million on expenses related to marketing and promotion as well as office leases alone, …
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Rapper and actor Method Man has launched a cannabis brand that aims to spark conversations about racial injustice. The Wu-Tang Clan veteran has dubbed his line of pot TICAL, an acronym for “Taking Into Consideration All Lives” that’s also the title of his 1994 debut solo album. Method Man, whose legal name is Clifford Smith, …
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Cannabis company stocks are skyrocketing as investors are high on new hopes that marijuana might help ward off the deadly coronavirus. Shares in major pot firms climbed in late trading Thursday after The Post reported on a Canadian study showing that certain strains of cannabis may help prevent COVID-19 from entering host cells. Canadian pot …
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Aurora Cannabis posted a smaller loss compared with the prior quarter as customers in the US and Canada stockpiled cannabis ahead of lockdowns, sending its US-listed shares up 13 percent after the bell on Thursday. Friday, Aurora Cannabis was trading up 55 percent, to $14.32. The Canadian pot producer sold 12,729 kilograms of cannabis in …
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Financially struggling Hightimes Holding Corp. has a new CEO — its third since December. The company, which owns stoner magazine High Times, has appointed Peter Horvath, most recently CEO of Green Growth Brands, to replace Stormy Simon, who resigned Monday after four months on the job. Horvath took cannabis retailer Green Growth Brands public in …
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Aurora Cannabis Inc.’s US-listed shares fell more than 15 percent in afternoon trading on Monday after the Canadian pot producer renewed an at-the-market offering under which it can raise as much as $350 million in equity capital. The company said its board also approved a reverse stock split of 1:12 to boost its share price …