Legalization

The proposal to legalize recreational cannabis in Ohio was cleared Wednesday and will appear on statewide ballots this November, officials announced. Republican Secretary of State Frank LaRose determined that the Coalition to Regulate Marijuana Like Alcohol (CTRMLA) had submitted 127...

Ohio's Coalition to Regulate Marijuana Like Alcohol (CRMLA) submitted 222,198 signatures on Wednesday for a proposed law allowing adults to buy, possess and grow cannabis. Advocates have been working for over a year to put the proposal before voters as Republican leaders have refused to...

As expected, Ohio lawmakers took no action Wednesday to enact a cannabis legalization proposal, essentially allowing it to lapse, thereby opening the door to supporters to move forward and begin collecting signatures to get the proposal on the ballot this coming November.  Now What? The...

The debate over when, how and who will finally legalize and/or decriminalize cannabis on a federal level became more heated over the past several months although it's been going on for decades. Advocates had hoped Congress would pull a rabbit out of a hat. Some hoped ...

The bullish case for cannabis company Tilray Inc (NASDAQ: TLRY) can no longer be justified after the company's third-quarter earnings report showed stalling momentum in international markets, according to Jefferies. The Tilray Analyst: Owen Bennett downgraded Tilray from Hold to Underperform...

One of the main takeaways for the legalized cannabis industry from the U.S. Presidential election was signs of new "momentum," Canopy Growth Corp (NYSE: CGC) CEO David Klein said Wednesday on CNBC's "Mad Money." Progress In 'Conservative' States: Many American voters...

Shares of cannabis and hemp company Canopy Growth Corp. (NYSE: CGC) have doubled since the stock began trading on the New York Stock Exchange back in May. In August, beverage company Constellation Brands, Inc. (NYSE: STZ) announced a $4-billion investment in the company, increasing its stake...

April 20 of each year marks a celebration for marijuana enthusiasts, despite the herb still being illegal in most of the country. For investors, what this means is until marijuana becomes legalized at the federal level, you'll be hard pressed to find many pot stocks trading in New York....