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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.

A money manager explains why buying ‘pick-and-shovel’ stocks is the best way to play with the ‘green rush’

A money manager believes companies providing fertilizing and packaging solutions for marijuana producers are the way to play the green rush.

The cannabis producer Canopy Growth is getting whacked after missing big on revenue

Canopy Growth reported second-quarter revenue that missed even the lowest estimate by a wide margin.
Marijuana for sale at the MedMen store in West Hollywood, California.

Weed stocks are rallying after Michigan legalizes marijuana for recreational use

Voters in Tuesday's midterm elections made Michigan the 10th US state to legalize the recreational use of marijuana.

Weed stocks are surging as 2 states vote on legalizing marijuana

Weed stocks were gaining around on Tuesday as the US goes to the poll with several states voting on legalizing recreational and medical marijuana.