Marijuana stocks tank after Election Day results
Marijuana stocks were reeling Wednesday on the heels of adult-use legalization failures on Election Day in Florida, North Dakota and South Dakota and the grim prospects of national MJ reform under a second Donald Trump presidency. The American Cannabis Operator Index, which includes nine U.S. publicly traded cultivators, processors, retailers and brands, was down nearly […]
Eaze winding down cannabis delivery operations as new owners ponder future
(This story was updated on Oct. 8 with information about potential layoffs.) The CEO of California’s largest cannabis delivery service, Eaze Technologies, said its parent company is winding down operations and new ownership will determine if the business continues. “Stache LLC will be winding down operations, with the full closure expected to take place on […]