Nearly three years after voters in the state approved legalized marijuana, Maine is finally inching closer to fully regulated pot sales.
Janet Mills, Maine’s Democratic governor, said Friday that she intended to sign a law that establishes rules over the sale of recreational marijuana. A day earlier, the state’s legislature passed the bill at the 11th, approving the measure just before the summer recess.
When a big company buys a smaller company, shares of the smaller company usually jump higher. This can be a quick way to score a nice profit. However, it’s very difficult to predict which smaller companies will be bought.
That’s why I am going to reveal how to use a merger arbitrage strategy to profit from a corporate buyout.
Beijing’s leading drug enforcement body has blamed the legalization of marijuana in Canada and parts of the United States for a spike in the amount of drugs smuggled into the country, describing it as a “new threat to China.”
Lawmakers in New York are mounting a renewed and frantic push to legalize marijuana before the legislative session ends on Wednesday, even as debates about revenue and political blowback that doomed an earlier attempt have threatened to derail the effort again.
Stock IPOs are one of Wall Street’s most exciting events. When shares of a company begin trading on the stock exchange, investors get their first shot to invest in an exciting, young company. These early investments can also turn out to be very profitable. That is particularly true for the cannabis industry.
Many cannabis manufacturers and dispensary owners I talk to don’t have a direct sales team; most don’t like making sales visits or calls to key physicians and virtually all say they don’t have the time to do more on the development side of their business. Does this sound like you or your practice?
The legal marijuana industry urged Los Angeles City Hall on Monday to get tougher with illegal shops that are gouging their businesses in open sight.
Illegal pot shops are widespread throughout Los Angeles and typically look like the real thing. And they’re thriving — they sell cheaper products than their legal rivals because they don’t charge hefty state and local taxes.