Monthly Archives: August 2022

Global Cannabis Stock Index Pulls Back Slightly in August – New Cannabis Ventures

August 31, 2022 at 4:42 pm The Global Cannabis Stock Index posted a gain for the first time in 17 months, rising 4.3% in July.  In August, it retreated slightly, falling 1.3% to 15.20. After a 26% decline in 2021, the index, which posted an all-time closing low on August 23rd at  14.36 and 26 names, is down […]

Toronto Stocks Fall, Auxly Cannabis Among Top Risers — Market Talk

1804 EDT [Dow Jones]–Canadian stocks fall, with the benchmark S&P/TSX Composite Index moving down 0.9% to 19330 and the blue-chip S&P TSX 60 Index losing 1% to 1166. The S&P/TSX Index is weighed down by companies in the energy sector. Branded cannabis products company Auxly Cannabis Group is one of the day’s top risers, with […]

Innovative Industrial Properties: High-Growth Cannabis REIT With 7.6% Yield (NYSE:IIPR)

Pgiam Innovative Industrial Properties, Inc. (NYSE:IIPR) dropped after reporting second quarter earnings. The actual results were quite strong, but investors have focused on the fate of tenant King’s Garden and the implications for the rest of the portfolio. I continue to have the view that the stock is too cheap here, as the strong growth […]

The first-ever cross-chain NFT collection

London, UK, Aug. 31, 2022 (GLOBE NEWSWIRE) — The Alien Bees Club NFT collection is all set to launch its 7777 NFTs this month. It is the first-of-its-kind NFT project focusing on sustainability and cross-chain integration; for Cardano, Solana & Ethereum blockchains. Inspired by the 90s culture, this bee-themed collection cites the vibrant aesthetics as […]

Curaleaf Lays Off Workers, Will Close Sacramento Facility

Curaleaf is cutting about 50 jobs and will close a facility in Sacramento, Insider learned. The job cuts come as legal cannabis sales slow in California’s competitive market. Curaleaf’s stock is down 30% since January. Troubles are mounting for California’s cannabis industry, and even the largest firms haven’t been spared. Curaleaf, which cultivates and sells […]

How Does the Chart Look Wednesday?

News Home Wednesday, August 31, 2022 02:54 PM | InvestorsObserver Analysts NFT receives an average short-term technical ranking of 55 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. NFT has a superior recent technical analysis than 55% […]

Twitter brings back suspended NFTs accounts as Solana threatens to pause ad spend

Early Wednesday, Twitter suspended access to nine accounts associated with promoting nonfungible tokens, or NFTs, on the Solana (SOL) ecosystem. The move comes just ahead of the highly anticipated launch of the y00ts NFT collection, a follow-up to DeGods, the most popular NFT collection on Solana, this Friday. Shortly after the suspension, Austin Federa, head […]

California bill to allow vets to recommend cannabis for pets heads to governor’s desk

California veterinarians will be allowed to start recommending cannabis products for animal patients under a bill that awaits a signature from Gov. Gavin Newsom. Authored by Assembly member Ash Kalra, AB 1885 prevents disciplinary action by the state’s Veterinary Medical Board for pet doctors who recommend cannabis for potential therapeutic or health supplement uses. The […]