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1 min read

Pot stocks soar on report DEA will ease restrictions on cannabis

The move from the DEA would reclassify cannabis as a Schedule III drug alongside other drugs like k…

Matthew Fox   


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It's been a dismal 2023 for pot stocks

An index tracking the 100 largest marijuana stocks is down 14% year-to-date. The benchmark S&P 500 …

George Glover   


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Pot stocks jump as federal agency reportedly seeks to downgrade cannabis from the hard-drug category

Marijuana's category as a Schedule I drug may be brought down by the Drug Enforcement Agency. Pot s…

Filip De Mott   


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Pot stocks just notched their biggest weekly rally since March 2020 amid hopes of a lower-risk rating from the DEA

Marijuana is currently classed as a Schedule I drug, the same category as heroin and LSD, despite w…

Joseph Wilkins   


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Twitter's poison pill continues the pot joke references by including a provision to allow investors to receive stock at $420 per share

The joke will continue on Wednesday, April 20th, with Tesla set to release its Q1 earnings results …

Matthew Fox   


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2 mins read

A rotation into cannabis stocks by retail investors has a lot more room to run as the latest meme-stock rally fades, research firm says

Investors are paying renewed attention to cannabis stocks like Tilray, Sundial Growers, and Cronos,…

Carla Mozée   


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Cannabis stocks light up after a group of lawmakers again seeks to protect banks that work with legal marijuana businesses

Forcing legal cannabis businesses to operate in cash is "dangerous," said Senator Jeff Merkley, who…

Carla Mozée   


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Cannabis stocks tumble from multi-year highs as Reddit-fueled rally loses steam

Members of the r/wallstreetbets forum had been cheering the pot stocks higher as they did with Game…

Ben Winck   


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1 min read

The first US cannabis ETF surpassed $1 billion in AUM in its first 6 months of trading

The AdvisorShares Pure US Cannabis ETF was the first US exchange-traded fund to focus solely on Ame…

Emily Graffeo   


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Pot stocks rally on renewed hopes for near-term legalization

President Joe Biden has indicated he aims to decriminalize cannabis at the federal level, a move th…

Ben Winck   


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Tilray surges 27% after $4 billion merger with Aphria creates the world's biggest cannabis company

Aphria investors will receive 0.8381 shares of Tilray for each Aphria share they hold, representing…

Ben Winck   


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Matthew Fox   


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MacKenzie Scott sold Amazon stock worth more than $10 billion last year

The ex-wife of Amazon founder Jeff Bezos is 35th on the Bloomberg Billionaires Index, worth almost …

Jyoti Mann   


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Russian billionaires are getting richer as Moscow reopens its stock exchange for the first time since the invasion of Ukraine

The fortunes of three tycoons increased by more than $1 billion each when stock trading reopened in…

Carla Mozée   


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Aurora Cannabis rockets 94% as projected Biden victory further boosts pot stocks

Democrats have previously said they aim to decriminalize marijuana at the federal level should a Bi…

Ben Winck   


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The world's largest marijuana company craters 22% as recreational pot demand sinks amid coronavirus pandemic

Sales to dispensaries fell 31% in the fourth quarter as decline in flower and pre-roll joints overp…

Matthew Fox   


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3 mins read

A 'Santa rally' could push US stocks to new heights this winter, as buybacks and low bond yields help power the market

Massive stock buybacks, a growing economy, bullish retail traders and low bond yields could all boo…

Harry Robertson   


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5 mins read

6 pot stocks to bet on now

Welcome to Insider Cannabis, where we're bringing you an inside look at the deals, trends, and pers…

Jeremy Berke,Yeji Jesse Lee   


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2 mins read

Traders betting against pot stocks made almost $1 billion in 2019. Here are the 8 stocks most responsible for those gains.

Still, gains across the sector in the last few days have forced some short-sellers out of their pos…

Carmen Reinicke   


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Canopy Growth spikes 22% after beating earnings expectations, and now other pot stocks are surging as well

"Actions taken earlier this year are expected to meaningfully reduce stock-based compensation in FY…

Carmen Reinicke