Missed the biggest stories in cannabis news this week? Not to worry, because we've recapped the top news stories for you so you won't have to go digging for them!
Cannabis News this Week: December 3rd to December 7th
Monday, December 3rd: Aurora Cannabis Shipments
Monday started strong with news from one of the biggest cannabis companies, Aurora Cannabis (TSX:ACB) (NYSE:ACB). What did Aurora announce?
The cannabis company announced HUGE news. Aurora Cannabis softgel cannabis capsules are now officially ready for shipping—and the ACB stock blew up as a result.
Find out all you need to know about the latest cannabis pill and read the full story here:
ACB Stock: Aurora Begins Shipments of Its Softgel Cannabis Capsules
Tuesday, December 4th: Hemp Finds New Life
Tuesday was huge for the cannabis industry. In the US, legislatures passed the 2018 Farm Bill, ending months of debate on the subject of hemp.
What does this mean? The 2018 Farm Bill being passed means that hemp can now be legally grown anywhere in the United States, when previously, hemp farming was illegal.
Hemp companies are surely celebrating the great news, as this helps them out a lot.
Read the full story here:
2018 Farm Bill Agreement Reached: Hemp Will Be Totally Legal
Wednesday, December 5th: MedMen Enterprises Goes Big
Cannabis stocks struggled a bit on Wednesday. An industry-wide sell-off appeared to be happening, but there was a lot of cannabis news that was still worth celebrating.
MedMen Enterprises (CSE:MMEN) made two big announcements that day, and while its stock still struggled throughout the trading day, company progress was still made.
One announcement had to do with MedMen's bought financing deal, and the other announcement was in regards to its brand new store in Arizona.
Read the full story here:
MedMen Stock Falls Despite Positive Announcements Today
Thursday, December 6th: New Cannabis Company Debut
Thursday marked the debut of a brand new listing on the CSE. Cresco Labs (CSE:CL) successfully listed on the Canadian Securities Exchange to the tune of positivity, its stock climbing already.
Learn more about Cresco Labs by reading the full story here:
Weed Stock to Watch: Cresco Labs Inc. Emerges on the CSE
Friday, December 7th: The Rumors are True for Cronos Group!
By far, the biggest news of Friday was the confirmation that Altria (NYSE:MO) is investing in Cronos Group (TSX:CRON) (NASDAQ:CRON). This move may very well revolutionize the cannabis market.
CRON stock soared Friday on the exciting news, closing on NASDAQ +21.72% and on the TSX +22.03%.
Read the full story here:
Altria Invests $2.4 Billion into Cronos Group: CRON Stock is Soaring
Featured image: DepositPhotos © Fotofabrika
