From 2019, when many marijuana companies went public, to last year, the industry has potentially missed out on more than $1.2 billion in tax savings based on 12 large companies, and there are about $1.8 billion in unpaid 280E taxes, including interest and penalties, among the larger operators, according to Karnes' research.

Recent developments in the Canadian market have seen equities reaching new highs, buoyed by dovish signals from the Bank of Canada and interest-rate adjustments south of the border. In this context, penny stocks—though an older term—remain a relevant investment area,

The US marijuana space is still a dicey subject. Within this penny stock market, it pays to at least buy the companies with profits. MCig inc. has been doing well at shifting its business into a diverse approach while avoiding debt. Despite a ton of press ...

A decade from now, investors may very well look back and proclaim the cannabis industry to be the greatest growth opportunity of our generation. We know the demand is there given the tens of billions of dollars that exchanges hands in illicit channels each ...

Just a year ago, Sen. Ted Cruz (R-Texas) criticized President Obama for allowing Colorado and Washington to legalize marijuana for recreational purposes. Now, he’s basically in favor of the same approach. “If the citizens of Colorado decide they want ...