Can This Struggling Biotech Become The Next Great Marijuana Stock?

Pardon the pun, but legal marijuana sales are growing like a weed, and marijuana stock gains aren't too far behind.Last year we saw five states approve the use of medical cannabis, bringing the total number of legal medical cannabis states to 28, and the number of states that allow the sale of recreational marijuana to adults ages 21 and up doubled from four to eight.

Topics:  mexico   canada   north america   arcview   images   marijuana stock   medical   year   recreational   legal   states   sales   cannabis   pot   number   
BING NEWS:
  • Marijuana Fintech Co. POSaBIT Reports 67% YoY Drop In Q1 Revenue, Renews Focus On Sustainable Profitability And Growth
    Cannabis-focused provider of payments infrastructure POSaBIT's Q1 revenue dropped 67% year-over-year to $33.8 million. Co-founder and CEO Ryan Hamlin said company faced “market challenges” with its ...
    06/13/2024 - 10:13 pm | View Link
  • 22.8M Europeans Used Weed Last Year, German University Launches Marijuana Cultivation Course And UK's 'Cannabis Martyr'
    Gary Youds, a 54-year-old owner of a cannabis cafe called the Chillin' Rooms in Liverpool went to prison four times for running this business, writes Vice. After getting out again in February this ...
    06/13/2024 - 8:07 am | View Link
  • Biotech Insiders Share Five Lessons From Pioneering New Medicines
    offered this tidbit about the necessity of prioritization for platform biotech companies. Such companies usually are spun out of academic labs whose innovative discoveries hold great potential for ...
    06/10/2024 - 12:50 am | View Link
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