Tag Archives: Cannabis

Elias Theodorou, UFC veteran and medical cannabis advocate, dies at 34 after liver cancer battle

Elias Theodorou, UFC veteran and medical cannabis advocate, dies at 34 after liver cancer battle

Elias Theodorou died Sunday of complications of liver cancer. He was 34. (Photo by Josh Hedges/Zuffa LLC via Getty Images) Elias Theodorou, an outgoing and engaging man who reached a lifelong dream when he made it to the UFC, died Sunday at 34 of Stage 4 liver cancer. Reporter Aaron Bronsteter of TSN in Canada noted on social media that Theodorou had only shared his diagnosis with a few close friends. A black belt in Brazilian Jiu-Jitsu, Theodorou made it to the UFC on April 16, 2014, when he… Source link

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Mike Tyson says he wishes he smoked cannabis his whole career

Boxing legend Mike Tyson may have pulled off an impressive return from retirement last year with an unofficial draw with Roy Jones Jr., but unlike ageless wonder Tom Brady, the heavyweight champion is being less secretive about his methods to fight father time. Iron Mike credits cannabis. Speaking with Yahoo Finance about the debut of his eponymous Tyson 2.0 cannabis line in partnership with cannabis company Columbia Care, the 55-year-old said he wished he smoked cannabis his “whole career”… Source link

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Cannabis ‘is a huge opportunity’ for long-term investors, Ross Gerber says

The consolidation in cannabis stocks since their February highs presents a lot of potential for long-term marijuana investors holding fast, according to one investment advisor. “For investors who are looking at the long game, this is a huge opportunity because the players in cannabis have only gotten stronger over the last year,” Ross Gerber, president and CEO of Gerber Kawasaki Wealth & Investment Management, said on Yahoo Finance Live (video above).  “The numbers that I’ve looked at… Source link

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Cannabis producer Tilray wins dismissal of shareholder lawsuit in New York

By Jonathan Stempel NEW YORK, Sept 27 (Reuters) – A U.S. judge on Monday dismissed a lawsuit accusing Tilray Inc , the world’s largest cannabis producer by sales, of fraudulently overstating the value of a marketing and revenue-sharing agreement with Authentic Brands Group Inc. U.S. District Judge Paul Crotty in Manhattan said shareholders failed to show that the Canadian company exhibited “conscious misbehavior or recklessness” in trumpeting the agreement, when it knew that regulatory… Source link

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Cannabis CEOs signal confidence on banking law reform

Marijuana advocates have been stacking victories over the last few years at the state level with nearly 20 U.S. states having now approved adult recreational marijuana use. But even as momentous as those changes have been, reform at the federal level has proved elusive — until now, if you trust the confidence coming from the leaders of America’s largest cannabis companies. This week, Trulieve CEO Kim Rivers and Curaleaf Executive Chair Boris Jordan both wagered on Yahoo Finance Live that the… Source link

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Tilray Surges as Cannabis Poised to Benefit After Lockdown

(Bloomberg) — Tilray Inc. shares surged the most in more than five months as investors rewarded the cannabis company for profiting even amid challenges due to Canada’s Covid-19 restrictions. Net income was $33.6 million for the fiscal fourth quarter ended May 31, compared with a loss of $84.3 million in the year-earlier period, while earnings before interest, taxes, depreciation and amortization almost quadrupled to $12.3 million, the Leamington, Ontario-based company said in a statement… Source link

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‘We view ourselves as boutique cannabis:’ NFL Hall of Famer on new biz

Calvin Johnson Jr. dominated the gridiron to become one of the greatest wide receivers in NFL history. Now the man who was known as Megatron is looking to dominate the cannabis industry with his new company Primitiv. And much like the NFL, Johnson’s new business venture is a team effort. His former Detroit Lions teammate, Rob Sims, co-founded the company with the NFL Hall of Famer. “Michiganders love their craft everything — from their beer onto their cannabis. We view ourselves as… Source link

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U.S. House of Representatives approves cannabis banking bill – Yahoo Finance

TipRanks Raymond James: 2 Chip Giants to Buy Now (And 1 to Avoid) Semiconductors are one of the modern world’s essential industries, making possible so much of what we rely on or take for granted: internet access, high-speed computers with high-speed memory, even the thermostats that control our air conditioning – there isn’t much, tech-wise, that doesn’t use semiconductor chips. The global semiconductor chip market was valued at over $513 billion in 2019, and despite the worst the… Source link

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US cannabis giant Green Thumb scores price target boosts as earnings top expectations

TipRanks 2 “Strong Buy” Stocks From Oppenheimer’s Top Analysts Both the S&P 500 and the Dow Jones average have closed at record highs, and the NASDAQ has reversed the brief foray it took into correction territory in the second week of March. The market gains reflect several factors: relief that the $1.9 trillion COVID aid bill passed Congress and was signed by the President; a general optimism that the ongoing vaccination program will allow a normal economic environment sooner rather… Source link

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Curaleaf expands its cannabis empire to Europe with a $286 million deal

Benzinga Cannabis Countdown: Top 10 Marijuana And Psychedelics Industry News Stories Of The Week Welcome to the Cannabis Countdown, the Legal Marijuana Industry’s Number One Curated Weekly News Recap. In This Week’s Edition, We Recap and Countdown the Top 10 Cannabis and Psychedelics Industry News Stories for the Week of March 1st – 7th, 2021. Without further ado, let’s get started. * Yahoo Finance readers, please click here to view the full article. 10. Creso Pharma: A Global Cannabis… Source link

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