A major IPO can be expected to attract a lot of new attention (and capital) to the psychedelic drug industry.
Given that psychedelics micro-dosing has several commercial advantages, here are two companies that investors should look at.
In the months leading up to the presidential election, markets may renew their bullishness in companies that sell marijuana.
As Summer fast approaches, it seems as though gains are continuing to enter into the cannabis industry.
A coalition of marijuana advocacy groups sent a letter to House leadership on Friday, asking that they incorporate language allowing the cannabis industry to access banking services in upcoming coronavirus relief legislation.
Sales of adult-use cannabis in Illinois totaled more than $37 million in April as recreational marijuana retailers enjoyed status as essential businesses in the face of the ongoing coronavirus pandemic. Officials with the Illinois Department of Financial and Professional Regulation (IDFPR) announced on Monday that preliminary figures for adult-use cannabis retail sales came to $37,260,497.89 in April, the fourth month of the state’s newly legal recreational marijuana industry.