The growing popularity of cannabis has led to alternative consumption methods. This is what companies in the Marijuana Products sector focus on; developing and selling marijuana-infused products such as food, drinks, oils, and lotions.
The Marijuana Products sector also includes companies that focus on the extraction of cannabis compounds, their infusion with products and the body’s ability to absorb the properties.
Examples of companies in the Marijuana Products sector include New Age Beverages Corp, Golden Leaf Holdings, and Plus Products.
Cresco Labs stock is in the red today despite the company announcing that the Zoning Board of Appeals granted special use approval for a dispensary located in the prestigious River North neighborhood of Chicago.
Cresco stock is moving higher in the early session on Thursday after Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) secured a term loan agreement for an initial sum of $100 million with an option to borrow up …