Tag: Investing
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Cannabis industry navigates tariff shakeup with resilience akin to COVID days
As markets whipsaw in memecoin-fashion since the beginning of President Donald Trump’s on-again, off-again tariffs against various other nations, cannabis executives are navigating the recent surge in U.S. levies, particularly on Chinese goods. Marijuana businesses have been reacting with relatively less alarm than other sectors, partially due to the industry’s …
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Dutch coffee shops kick off government-sourced cannabis sales
The Netherlands launched a new phase in its cannabis regulation initiative this week, requiring participating coffee shops in various cities to sell only marijuana products sourced from government-authorized growers. The expansion, first announced in 2022, aims to eliminate a long-standing legal loophole in Dutch policy, where selling cannabis was mostly …
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Tilray continues closing breweries
Breweries seemed to be the answer to balance its cannabis business, but Tilray Inc. (NASDAQ: TLRY) is continuing to shutter businesses it recently bought. The latest is Hop Valley Brewing in Eugene, Oregon. The company announced the move internally a couple of days ago and confirmed to the outlet BrewBound …