Market Updates
Virginia Has Legalized Weed
Virginia legislators have approved a bill that will see the sale and use of recreational marijuana for adults in 2024.Virginia has joined the growing list of U.S. states that have ...
New Jersey Has Legalized Recreational Weed
Following the widespread legalization of cannabis across various states in the U.S. in November last year, New Jersey's legalization has now come into effect. New Jersey was one of...
Paper Portfolio I Green Thumb Industries Launches IPO to Raise $100 Million
Retail investors also reacted positively to this news, as the increased interest from institutional investment bodies was interpreted as further proof of Green Thumb Industries lon...
Paper Portfolio I TerrAscend Raises Q4 Revenue Guidance to $65 Million
The increase in projected revenue was driven in part by the expected scaling of sales and profits in Pennsylvania.The leading North American MSO—and Green Fund Paper Portfolio ma...
Paper Portfolio | Green Thumb Industries Revenue Expected to Hit $800 Million in 2021
The company is also sitting on $159.1 million in total assets, including cash and cash equivalents of $78.1 million.The Illinois-based Multi-State Operator (MSO), Green Thumb Indus...
Innovative Industrial Properties (IIPR) Cannabis Stock Has Soared
Innovative Industrial Properties (IIPR) occupies a niche in the cannabis industry, by performing sale-and-leasebacks as a means of providing finances to cannabis companies. Evident...
Andrew Cuomo: "We Will Legalize Marijuana" in New York
In a recent State of the State speech, New York's governor Andrew Cuomo has proposed cannabis legalization as a method of revitalizing the NY economy. We recently wrote about the U...
Cannabis May Be Banned For Tourists in Amsterdam
Amsterdam's mayor Femke Halsema has once again floated the idea of banning cannabis for non-residents, in an effort to curb cannabis-driven tourism. Amsterdam is the capital city o...
HMMJ Pushes Past Australian Cannabis Index After Georgia Election Victory
Industry experts believe that a Democrat-controlled Senate may be more amenable to cannabis legalization at the federal level, after years of GOP-driven opposition.The cannabis ind...
Lack of Cannabis Supply in New Zealand is Affecting Patients
After the introduction of the Medical Cannabis Scheme, confusion around prices in the New Zealand cannabis market is yet to be overcome. And, while pharmacies are justifying the ac...
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