Cannabis Industry News

Aurora Cannabis Inc. stock rises Friday, outperforms market

Shares of Aurora Cannabis Inc. ACB rallied 3.35% to $3.39 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.63% to 24,836.60 and the Dow Jones Industrial Average…

Watch CB1 Capital Management: Eased Cannabis Restrictions Biggest News for Industry Since Nixon

CB1 Capital Management: Eased Cannabis Restrictions Biggest News for Industry Since Nixon Todd Harrison, Founding Partner & Chief Investment Officer at CB1 Capital said the reclassification of marijuana as less dangerous was the biggest news for…

Aurora Cannabis: Why I Like This Stock (NASDAQ:ACB)

Aurora Cannabis Inc. has transformed into a cannabis-focused company with improving international revenue and margins, while spinning off its Bevo division. ACB's balance sheet now shows net cash of C$46.7 million, achieved through equity sales…

Wakefield men given 25 years for running five cannabis farms

Six men have been sentenced to long spells in prison for their involvement in running five commercial cannabis farms across West Yorkshire. Armand Hysa, 24, Klevis Hysa, 29, Kosta Dumani, 42, Selman Hysa, 44, Admir Cerpja, 43, and Klodian Bofja…

Missoula cannabis dispensaries see new hope after the federal government reclassifies medical marijuana

MISSOULA — On Thursday, President Donald Trump's acting attorney general signed an order reclassifying state-licensed medical marijuana as a less-dangerous drug, a major policy shift long sought by advocates who said cannabis should never…

Trump Just Eased Federal Marijuana Laws. Is there an Investment Case for Cannabis ETFs Right Now?

This week brought promising news for the cannabis industry. On Thursday, the Justice Department (DOJ) reclassified marijuana products licensed by states from Schedule 1 -- the most restrictive federal category that includes heroin -- to the less…

Influencer jailed after being caught smuggling £150Kof cannabis into Scotland

A SOCIAL media influencer who smuggled £150,000 of cannabis into Scotland from Thailand has been sentenced to 16 months. Ellie Crampsie was found to have more than 17 kilos of the Class B drug stuffed into a suitcase as she jetted home from a…

AM Markets Need to Know: California on social media, cannabis stocks, and more (SP500:)

Sheffield cannabis farm smashed as house raided - police statement in full

A man and woman have been arrested after dozens of cannabis plants have been seized by South Yorkshire Police as part of a raid on a property in Sheffield. Officers conducted a raid on Monday, April 20, in the Richmond area of Sheffield, where they…

U.S. Moves Marijuana to Schedule III, Reshaping Research and the Cannabis Economy

The United States federal government reclassified state-licensed medical marijuana on Thursday, ending decades of policy that placed the drug in the same category as heroin and had long restricted its use in scientific research. The U.S. Department…

Scots influencer jailed after smuggling £150k of cannabis into Edinburgh Airport

A Scots social media influencer who was caught smuggling £150,000 of cannabis through Edinburgh Airport has been jailed for 16 months. Ellie Crampsie was found to have more than 17 kilos of the Class B drug stuffed into a suitcase as she…

US to loosen marijuana rules in major shift for $47 billion industry

The U.S. Department of Justice said on Thursday it would immediately loosen restrictions on some marijuana products and move quickly to reclassify the drug as less dangerous, in one of the biggest changes to U.S. drug policy in decades. SCROLL TO…

Vietnamese dad of two jailed after police found £400k cannabis farm

A Vietnamese dad of two has been jailed after police found a £400,000 cannabis farm in the centre of Carluke. Dang Nguyen looks set to be deported following his conviction at Airdrie Sheriff Court. His lawyer said the 51-year-old had been put…

Minute-by-minute breakdown of what cannabis does to your body as Trump changes drug law

The latest step in the move towards the legalization of cannabis at the federal level took effect yesterday, when the US Department of Justice reclassified the drug as a Schedule III substance. 'The Department of Justice is delivering on President…

NH lawmakers doubt federal cannabis policy shift will sway Ayotte but hope for future change

The Trump administration's reclassification of medical marijuana as a less dangerous drug may signal a new era for cannabis at the federal level, but New Hampshire lawmakers aren't counting on Washington's move to loosen restrictions in the state…