In Booming Cannabis Industry, Look for More M&A

Cannabis mega-mergers could create industry giants.  Weeks after Tilray and Aphria merged, Trulieve Cannabis just announced its plans to acquire Harvest Health & Recreation in a $2.1 billion all-stock deal. Combined they would be one of the largest cannabis companies in the world, in terms of sales, notes Barron’s. Coupled with state and potential federal legalization … Continue reading “In Booming Cannabis Industry, Look for More M&A”

The Most Powerful Catalysts for Cannabis in 2021

It’s been a busy few days for cannabis reform.  Lawmakers from multiple states just approved new legalization bills in committee.  For example, the Hawaii Senate Committee on Public Safety, Intergovernmental and Military Affairs just approved legislation that could allow adults 21 and older to possess and purchase cannabis from licensed retailers, as reported by Marijuana … Continue reading “The Most Powerful Catalysts for Cannabis in 2021”

Cannabis Stocks Could See Higher Highs with Biden

Cannabis stocks are seeing higher highs. All as the Trump Administration begins to transition for Joe Biden. After all, Biden has already said he would “decriminalize the use of cannabis and automatically expunge all prior cannabis use convictions,” as quoted by the Boston Globe.  In addition, according to MarketWatch, Biden’s selection of Kamala Harris is … Continue reading “Cannabis Stocks Could See Higher Highs with Biden”