Medical Marijuana Program Connection

Cannabis got a big win in US Congress, but legal weed isn't around the corner

MMP News AuthorDecember 5, 2020

(CNN) — Cannabis just had a victory in Congress. But the industry and its supporters may not want to get too excited just yet. The US House of Representatives on Friday passed a bill to end the federal prohibition on cannabis. But the historic vote on the landmark legislation — which if ... Read More

Cannabis got a big win in Congress, but legal weed isn't around the corner

MMP News AuthorDecember 4, 2020

The US House of Representatives on Friday passed a bill to end the federal prohibition on cannabis. But the historic vote on the landmark legislation — which if put into law would be momentous for the emerging multibillion-dollar cannabis industry and broader social justice movements — ultimately is largely symbolic. ... Read More

Bears Will Win Big as It Bets Heavily Against Aurora Cannabis Stock

MMP News AuthorNovember 22, 2020

Investors that impulse bought cannabis stocks following the Democrats winning the U.S. Presidential elections will regret it. The mid-November spike that sent Aurora Cannabis (NYSE:ACB) did not last long. The company’s quarterly earnings report at first sent Aurora Cannabis stock above $12.00. But like clockwork, management took advantage of gullible ... Read More

Here's why Joe Biden’s election win is good news for cannabis and psychedelics

MMP News AuthorNovember 11, 2020

The election of Joe Biden is not only good news for potheads and medical cannabis users stateside. Canada’s legal cannabis producers, which saw their stock prices soar on the heels of Biden’s win, are rejoicing, too. Biden’s promise to decriminalize cannabis at the federal level has sparked a rush of optimism among Canadian ... Read More

How Biden's Win Could Be Good News For The Cannabis Industry

MMP News AuthorNovember 10, 2020

Election day is always a big deal. This election day, in particular, brought with it more stress than usual, and the election “day” alone lasted a bit longer with plenty of drama. With all this turbulence that marked the entire year, it’s no surprise that more and more voters are ... Read More

Cannabis stocks soar on Biden win, legalization hopes and solid results

MMP News AuthorNovember 9, 2020

Canopy Growth (CGC) surged 10% and Aurora Cannabis (ACB) jumped 20% after both reported higher-than-forecast sales and narrowing losses. Tilray (TLRY), which will report its results after the closing bell Monday, was also up 10%. Other cannabis stocks rallying Monday include global cannabis leader Curaleaf (CURLF), Aphria (APHA) and Cronos ... Read More