Cannabis Industry News
A collection of Cannabis latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Minnesota cannabis sales hit $250 million in first year
Minnesotans have purchased more than $250 million worth of cannabis products since the state launched the licensed business market a year ago. The figure represents $150 million worth of adult-use products and $100 million in medical cannabis…
Cronos: Invest In Cannabis With 50% Net Cash And GAAP Profitability (CRON)
Cronos Group Inc. is upgraded to a Buy, driven by a best-in-class balance sheet and improved profitability. CRON boasts $827 million in cash, no debt, and strong international expansion, with adjusted gross margins reaching 46%. Profitability is…
Analysts Think Green Thumb Industries Will Double Over the Next 12 Months. Here's Why They're Probably Wrong
Green Thumb Industries (GTBIF +0.77%) is one of the few profitable cannabis stocks. While its shares are down more than 6% so far this year, analysts have an average price target of $16 per share. That's more than double the stock's current price.
Indiana's Long, Strange Trip With Marijuana
We're one of just a handful of states that not only prohibits recreational marijuana use, but also lacks a comprehensive medical marijuana program. Meanwhile, Illinois, Michigan, and Ohio all permit recreational and medical cannabis sales to…
Illegal crop fuels concern over unfinished housing estate
The discovery of a 'large-scale cannabis cultivation operation' near an unfinished housing development in Kingswood has led to fresh scrutiny over the site. Two men were arrested by police last week on suspicion of cultivating a controlled class B…
Tilray Brands Has Lost More Than Half of Its Value in 2026, but Here's the Bullish Case for Taking a Chance on This Highly Risky Stock
Tilray Brands (TLRY -2.54%) has been a bad investment for many years. Thus far in 2026, it has lost more than half of its value. It's a continuation of a troubling trend for investors who have held onto the stock, as it's down well over 95% in the…
Prison for Iranian asylum seeker who fled to UK on boat after ditching Islam
Asylum seeker Mohsen Muhsauei repeatedly slapped his partner after a row about him using cannabis. The 30-year-old Iranian returned to his Hanley home from work drunk and wanted cannabis. But his partner had thrown it away. He swore at her before…
Curaleaf Sends Letter to Aurora Shareholders
Encourages Them to Tender Their Shares and Become Owners of the World's Leading Cannabis Company Announces Live Shareholder Q&A with Curaleaf Chairman and CEO Boris Jordan on Thursday, September 17 at 10:30 a.m. ET Read the Full Shareholder Letter…
Jail for drug dealer who caused crash after 130mph police chase
A drug dealer who caused a serious crash after a 130mph police chase has been jailed for three years. Daryl Morrison, 22, of Park Place, Carnwath, had just served a prison sentence for ramming a police car when his BMW spun out of control and hit…
The Gentlemen Season 3 Gets Excellent Update as Theo James Show Becomes a Streaming Hit
The Gentlemen Season 3 has received a major production update as the Netflix crime series moves forward with its latest chapter. The development comes as the Theo James -led show builds momentum following its successful second season. The filming…
Glass House Brands Inc. (NYSE:GLAS) Sees Significant Drop in Short Interest
Glass House Brands Inc. (NYSE:GLAS - Get Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 183,909 shares, a drop of 47.8% from the August 15th total of 352,255…
Mass. tries to rein in data centers, but leaves open questions
Gov. Maura Healey's latest executive order will test what regulating data centers could look like, in lieu of banning them altogether. The big picture: Massachusetts is steering away from the moratoriums eight states are considering this year for a…
The Legal Labyrinth of Alki: Courtroom Battles and Corporate Accountability
Summary Alkiviades “Alki” David's ventures—from internet television to holographic entertainment and cannabis ventures—have been repeatedly tested in court. This article traces the key legal battles, including the…
The Mancunian Way: £5 rocks
The popularity of crack cocaine is rising in Greater Manchester. And more and more people are turning to the drug as the purity of street heroin worsens, experts say. They are warning that the expensive habit could lead to more crime and have…
Tilray Brands (NASDAQ:TLRY) Stock Price Down 3.6% - Should You Sell?
Tilray Brands, Inc. (NASDAQ:TLRY - Get Free Report)'s share price was down 3.6% during mid-day trading on Tuesday. The company traded as low as $3.98 and last traded at $3.99. 3,194,654 shares traded hands during mid-day trading, a decline of 25%…
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