CNBC's Jim Cramer said on Friday that Canadian pot stock Canopy Growth is now a buy. Cramer, who has always viewed Canopy as a best-in-class among the cannabis companies, had cautioned as recently as Wednesday, the day Canada legalized marijuana for recreational use, that he would not pull the trigger yet. But two days later,...
Before recreational marijuana became legal in some parts of the U.S., starting in 2012, you needed cash to buy weed. These days, even many legal weed businesses are still cash-only because banks refuse to deal with them — forcing some dispensaries to transport their money in armored cars and pay their taxes...
Pot stocks continued a six-day rout Tuesday amid Canadian supply shortages, creating a favourable environment for the next big investment in the space, according to one investor. Aurora Cannabis Inc. fell as much as 15 per cent in its U.S. trading debut, Canopy Growth Corp. lost 12 percent and Tilray...
Smoking marijuana legally in a coffee shop in Amsterdam is a breeze. Producing and acquiring weed legally in the city is another story. For decades, coffee shops around the Netherlands have permitted customers to buy and consume marijuana legally thanks to a Dutch toleration policy. But it's illegal for coffee...