Cannabis ETF (YOLO) Hits New 52

Investors seeking momentum may have Advisorshares Pure Cannabis ETF (YOLO Quick QuoteYOLO – Free Report) on radar now. The fund recently hit a new 52-week high. Shares of YOLO are up approximately 178.6% from their 52-week low of $5.65/share. But could there be more gains ahead for this ETF? Let’s take ... Read More

Support for legal marijuana hits new high of 68 percent: Gallup

Sixty-eight percent of U.S. adults questioned in a new Gallup poll support the legalization of marijuana, setting a record.  The finding represents a small increase from the 66 percent Gallup found in support of legalized marijuana in 2019, but is double the support in the early 2000s.  The new poll was conducted from Sept. 30-Oct. 15, just weeks before voters ... Read More

Medical Marijuana Mold Recall Hits Doc's Apothecary

The state Marijuana Enforcement Division has issued a recall for medical marijuana sold from Doc’s Apothecary, a dispensary operation with two stores in the Denver area. In a safety notice published November 5, the MED and the state Department of Public Health and Environment warn Colorado medical marijuana patients that ... Read More

IL Hits $100 Million in Adult Use Cannabis Tax Revenue

Governor J.B. Pritzker’s Office announced last week that the state had hit $100 million in revenue from the sale of adult use cannabis in the state. The Illinois Department of Revenue says that at least $16 million of the revenue will be heading to county and local governments. Last week, ... Read More