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Aphria to Begin NYSE Trading November 2nd

Aphria to Begin NYSE Trading November 2nd

Cannabis in the News, Cannabis Market, Finance, New York Stock Exchange, Trending

Aphria to Begin NYSE Trading November 2nd Aphria Inc. (NYSE: ACB) announced on October 30th that the company has received approval to list onto the New York Stock Exchange (NYSE) and that it will begin trading on November 2nd. The company had recently filed a form...
Tilray Stock Bests Short Sellers with Continued 38% Gain

Tilray Stock Bests Short Sellers with Continued 38% Gain

Cannabis in the News, Cannabis Market, Finance, New York Stock Exchange, Trending

Tilray Stock Bests Short Sellers with Continued 38% Gain Tilray stock ( NASDAQ: TLRY) was debated as overvalued in August, but continued to gain value, and has continued to gain 38% in the first two days of trading after Labor Day weekend. Valuation of TLRY by Forbes...
Canopy Growth Applies to Trade on New York Stock Exchange

Canopy Growth Applies to Trade on New York Stock Exchange

Cannabis in the News, New York Stock Exchange, Trending

Canopy Growth Applies to Trade on New York Stock Exchange Canopy Growth Corporation (TSX: WEED) announced on May 14th that the company has applied for listing on the New York Stock Exchange (NYSE).  The current estimate for Canopy Growth to begin trading on the NYSE...
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Risk of Prosecution for Marijuana-Related Companies.  If you are considering investing in a company that is connected to the marijuana industry, be aware that marijuana-related companies may be at risk of federal, and perhaps state, criminal prosecution.  The Department of Treasury recently issued guidance noting: “ The Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense marijuana.  Many states impose and enforce similar prohibitions.  Notwithstanding the federal ban, as of the date of this guidance, 20 states and the District of Columbia have legalized certain marijuana-related activity.”

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