Perhaps nowhere embodies those political grinders mushing green-minded enthusiasm to a pulp, however, than Florida. When 72% of voters said yes to medical marijuana in 2016, the Sunshine State couldn’t anticipate the looming dark clouds that would soon roll in.
As polls show record support for marijuana legalization, advocates say the midterm elections could mark the point of no return for a movement that has been gathering steam for years.
"The train has left the station," said Rep. Earl Blumenauer, D-Ore., a leading marijuana reform advocate in Congress. "I see all the pieces coming together... It's the same arc we saw two generations ago with the prohibitions of alcohol."
Multistate marijuana firm iAnthus Capital agreed to acquire the U.S. assets of Toronto-based cannabis company MPX Bioceutical Corp. in an all-stock deal valued at 835 million Canadian dollars ($640 million), the second mega-acquisition in the American MJ industry in less than a week.
The acquisition positions New York-based iAnthus as one the largest U.S. cannabis operators and expands the firm’s footprint to 10 states, nearly doubling its reach.
You can't get away from Tilray (NASDAQ:TLRY). The Canadian marijuana stock makes news when it goes up, which has happened a whole lot over the last couple of months. And it makes news when it goes down. Tilray has done a good bit of that, too, over the past few days, at one point losing over half of its market cap.
As Curaleaf celebrates the opening of its 9th dispensary in Florida today, the company is proud to announce same-day or next-day statewide delivery of its premium quality, precise and reliable medical marijuana products, including its newest product – Flower Ceramic Pods, a natural flower product for vaping.