Donald Trump’s forthcoming return to the White House and his nomination of pro-legalization (but not pro-Florida legalization) Matt Gaetz for attorney general adds a new dimension to the cannabis sector’s outlook. But stock performance remains tightly linked to state markets, said Pablo Zuanic, managing director at Zuanic & Associates, in recent …

The Daily Hit is a recap of the top financial news stories for Monday, November 18, 2024. On the Site New York judge rules some hemp shops can remove ‘illicit cannabis’ signs The lawsuit is challenging crackdown efforts by city officials. Read more here. Georgia medical cannabis industry set to …

Cannabis real estate lenders are taking markedly different approaches to troubled credit and market headwinds lately, with some aggressively restructuring loans while others maintain a wait-and-see approach, according to earnings calls over the past week. While broader real estate stocks rallied on the Federal Reserve’s latest rate cut, with the …

Ayr Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) is forging ahead with an ambitious Florida beefing-of-sorts despite last week’s failed adult-use legalization vote. The company is still betting that premium indoor-grown cannabis flower will help it capture market share in what remains one of the world’s largest medical markets. “Indoor flower …