The cannabis industry faced similar obstacles in 2023 as it did in 2022, with a lack of reform both in the United States and Canada proving to be a significant roadblock to growth in the market. With the year almost behind us, here the Investing News Network recounts the performance of some of the largest...
Tag: Cannabis Investing
“Wrap-around Care” Model Helps Address Gaps in Mental Healthcare
With over 1.3 million Canadians currently struggling with trauma and post-traumatic stress disorder (PTSD), Pure Life Healthcare Management is working to offer a wrap-around care model for better healing, according to CEO Doug Page. The model allows individuals to walk in and have a single health provider deliver a wide spectrum of support for healing....
Pure Life Healthcare Management: Full-spectrum Strategy for PTSD Care
Hotbed of healthcare innovation So what is it about Europe that makes it so well-suited for the development and distribution of new healthcare technologies? A different way of thinking As noted by Forbes, German business culture demands continuous improvement, eschewing static design and safety in favor of disruptive ideas. German entrepreneurs also tend to make...
Pure Life Healthcare Management Investor Overview
Overview Pure Life Healthcare Management aims to change the healthcare landscape for people suffering from post-traumatic stress disorder (PTSD) by providing integrated, wrap-around care that responds to the unique needs of this significantly underserved population. Over 1.3 million people in Canada live with some form of PTSD or trauma. Many are veterans, first responders, healthcare...
5 Biggest Cannabis ETFs in 2023
Cannabis stocks are getting a lot of attention, but what about cannabis exchange-traded funds (ETFs)? Now that the cannabis industry is beginning to mature, these cannabis-focused investment vehicles have become a budding part of the overall market. Understandably, investors may have a few questions about what cannabis ETFs are on offer, what assets they hold...
What Investors Need to Know About the SAFER Banking Act
US lawmakers took one step closer to federally legalizing cannabis on September 27, when the Secure and Fair Enforcement Regulation (SAFER) Banking Act was passed in front of the Senate Banking Committee. The SAFER Banking Act is a revised version of the SAFE Banking Act, which sought to allow banks and credit unions to provide...
How to Invest in Cannabis (Updated 2023)
Cannabis legalization in countries around the world has helped kickstart a brand-new investment landscape. As the global cannabis market matures, are you thinking about investing in cannabis companies? A wide spectrum of cannabis stocks, from small to large cap, have made their mark on the industry as recreational and medical markets emerge and develop across...
Mastercard Bans Cannabis Debit Card Transactions
Payments company Mastercard (NYSE:MA) is putting a firm end to any US debit card transactions involving cannabis. Meanwhile, this week in Canada another cannabis producer issued less-than-glowing financial results, adding to the list of losses faced by the domestic industry. Keep reading to find out more cannabis highlights from the past five days. Mastercard axes...
Cresco Labs/Columbia Care Deal in Doubt
A major cannabis deal involving two leading multi-state operators may be in peril. Meanwhile, an American cannabis operator will break new ground next week when it begins trading on Canada’s biggest exchange. Keep reading to find out more cannabis highlights from the past five days. Cresco Labs and Columbia Care provide update on deal In...
TerrAscend Closer to TSX Listing
A US multi-state operator broke new ground this past week by reaching conditional approval for a listing on the TSX. Meanwhile, Canadian cannabis operator Canopy Growth (NASDAQ:CGC,TSX:WEED) shared less-than-bright new numbers, revealing that mishandling of financial results from its subsidiary has led to a formal investigation. Keep reading to find out more cannabis highlights from...