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Chemdawg marijuana plants grow at a facility in Smiths Falls, Ontario, Canada October 29, 2019.

Battered pot stocks are rallying on the last trading day of 2019

The surge could be a good sign showing that investor confidence in the cannabis industry is building going into 2020.

There’s a controversial new way to invest in weed companies that doesn’t involve buying any stock

Rex Shares on Wednesday launched the first leveraged cannabis ETN in the US, called the MicroSectors Cannabis 2X Leveraged ETN, ticker MJO.
California company, Flow Kana, is trying to help small farmers by not growing any of its own weed.

Pot stocks surge for a second day after a marijuana legalization act passes a key vote

The Marijuana Opportunity Reinvestment and Expungement Act would "allow the sector to take a giant leap forward," said Ben Curren of Green Bits.
The industry goes beyond meat.

Traders shorting Beyond Meat and weed stocks helped TD Ameritrade’s quarter, CEO says

The earnings boost came at a time when brokerages are looking to offset revenue lost from cutting commissions on trading to zero.

The largest marijuana company in the US spikes after its chairman says business is booming and the company will be profitable next year

"The US industry is turning around," said Boris Jordan, chairman of Curaleaf's board of directors. Shares gained as much as 6%.

Canadian weed producer CannTrust plummets the most on record after regulators say it grew pot in unlicensed rooms

"We made errors in judgement, but the lessons we have learned here will serve us well moving forward," said Peter Aceto, CEO of CannTrust.

Weed stocks are trading at astronomical valuations despite not being able to operate in the US

Weed stocks valuations approach 100x sales despite the fact they cannot operate in the US. Federal legislation is required to operate in the US.
Aphria CEO Vic Neufeld poses near a wall covering of a marijuana leaf at a party the day before Canada's legalization of recreational cannabis in Toronto, Ontario, Canada October 16, 2018.

The cannabis producer Aphria’s CEO and one of its founders are transitioning out of their roles

Aphria on Friday announced its CEO, Vic Neufeld, and its cofounder Cole Cacciavillani would transition out of their executive roles.

The maker of Budweiser is teaming up with Tilray to explore marijuana-infused beverages

Tilray jumped 18% late Wednesday after it announced a partnership with AB InBev to research non-alcohol beverages containing THC and CBD.
Marijuana for sale at the MedMen store in West Hollywood, California.

The cannabis producer Cronos spikes after confirming it has held talks with the Marlboro maker Altria

The cannabis producer Cronos Group confirmed Tuesday that it held talks with the cigarette maker Altria about Altria taking a stake in the company.