Tag Archives: marijuana

Ex-Knicks, Cavaliers guard Iman Shumpert arrested for marijuana possession in Dallas airport

Ex-Knicks, Cavaliers guard Iman Shumpert arrested for marijuana possession in Dallas airport

Iman Shumpert last played in the league during the 2020-21 season for the Brooklyn Nets. (Noam Galai/Getty Images) Former NBA guard Iman Shumpert was arrested on Saturday after he allegedly had a “sizable” amount of marijuana in his bag at the Dallas/Fort Worth International Airport, according to TMZ Sports. Shumpert was reportedly flying from Dallas to Los Angeles on Saturday when he was stopped at security. Shumpert admitted to police that the bag they found was marijuana, which… Source link

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The real problem with U.S. marijuana regulation ‘not from federal illegality,’ WeedMaps CEO says

The House voted to decriminalize marijuana and remove it from the list of banned controlled substances at the federal level on Friday. Now, the Marijuana Opportunity Reinvestment and Expungement Act, known as the MORE Act, will move to the Senate, where it is unlikely to attain the 60 votes needed to pass. While the passage of the MORE Act would certainly expand cannabis markets in the U.S., Weedmaps CEO Chris Beals thinks that a bigger obstacle lies in the 37 states where the substance is… Source link

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Tilray CEO sees marijuana legalization in America ‘over the next 18 to 24 months’

Tilray CEO Irwin Simon expects marijuana legalization in the U.S. to happen within the next two years. Citing the recent legislative push to end the federal prohibition of marijuana, “I see over the next 18-to-24 months that cannabis in some format will have legalization,” Simon told Yahoo Finance Live (video above), later adding: “Trust me: When legalization does happen, we will be ready… to be a part of it.” The Canadian cannabis company — listed on both the Nasdaq (TLRY) and the… Source link

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Black America defends Sha’Carri Richardson over Olympics suspension for marijuana

After news broke that Richardson tested positive for marijuana and may miss the Tokyo Olympics this month, Twitter went wild. U.S. sprinter Sha’Carri Richardson is being shown love and support from many in the Black community on various social media platforms after news broke that she tested positive for marijuana and may miss the Tokyo Olympic Games. It remains unclear if Richardson will be suspended, how long the suspension could be, if she will appeal and how it will affect the… Source link

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Sha’Carri Richardson tests positive for marijuana

Sha’Carri Richardson won the 100m at the Olympic Trials last month in just 10.86 seconds, and was expected to compete for a Gold medal in Tokyo. (Patrick Smith/Getty Images) American sprinter Sha’Carri Richardson, a medal favorite in the 100-meter dash at the upcoming Olympics, tested positive for marijuana last month and won’t be able to run her signature race at the Tokyo Games. The U.S. Anti-Doping Agency announced Friday morning that Richardson had accepted a one-month suspension after… Source link

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What a record $2.1 billion deal says about America’s marijuana sector

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link

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Where one of Wall Street’s top marijuana analysts sees 80% upside

TipRanks Goldman Sachs: These 2 Stocks Are Poised to Double (or More) The new week kicked off on a negative note, as all 3 major indexes pulled back from record highs. After applauding recent strong economic data, the worsening global coronavirus situation appeared to have soured investor sentiment. But according to Goldman Sachs chief US equity strategist David Kostin, investors shouldn’t get too worked up. The overall trend remains upward, and Kostin points out that volatility – the… Source link

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Marijuana company Green Thumb Industries stock tanks 14% on report of federal probe

Shares of Chicago-based cannabis giant Green Thumb Industries (GTBIF) tanked 13% Tuesday after a Chicago Tribune report claimed the company was part of a federal probe into pay-for-play allegations regarding its operations. The report details an ongoing investigation, which Yahoo Finance was unable to verify, that unnamed sources say scrutinizes political donations and other steps the company allegedly took to win growing and distribution licenses in Illinois and other states. A Green Thumb… Source link

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Top 10 Marijuana And Psychedelic Stock 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 Psychedelic Stock 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. With U.S. Pot Stocks the Hot Theme of 2021, Here’s Why Red White & Bloom Could Be One of the Cannabis Sector’s Top… Source link

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House passes historic bill to end federal marijuana prohibition

On Friday the U.S. House passed a historic bill that would end the federal prohibition of marijuana and expunge many cannabis-related convictions. It’s the first time the full House has considered —let alone passed — such a bill. The Marijuana Opportunity Reinvestment and Expungement Act (MORE Act), made it through the House by a 228 to 164 vote. Nearly every Democrat supported the measure, while just five Republicans voted for it. Six Democrats voted against the bill. The bill,… Source link

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