Why Tilray, Sundial Growers, and Other Cannabis Stocks Dropped Today

By Howard Smith No real news came from the companies today. Tilray CEO Irwin Simon did give an interview yesterday in which he discussed the future of the company and explained its position in preparation for potential U.S. legalization. "In regards to legalization happening in the U.S., I think we will be ready to partner by when that does happen," Simon told Yahoo! Finance. "But right now, there is very little I can do other than on an option or potentially partner with someone when that does happen." To read more:

Cannabis laws tweaked to allow shared-use of manufacturing facilities but advocates say more dispensaries are needed

By Jason Ruiz0 Long Beach’s cannabis laws will now allow for manufacturers to share space in an effort to bring more businesses with less initial capital online after the City Council unanimously approved a shared-use amendment Tuesday night. The change will allow businesses that infuse concentrates into products, extract cannabis oils using butter or oils or just package and label products to use the same space, similar to a commercial kitchen, but the law will require common-use space to be used at scheduled times by individual operators. To read more:

Cannabis Boom Creates Fears of Increasing Illicit Trade

By Erik Neumann GRANTS PASS, Ore. (AP) — On a sunny spring day in Southern Oregon’s Illinois Valley, Mason Walker is showing off rows of neatly planted marijuana. “We have a permanent trellising system that’s installed almost in a vineyard style,” Walker, co-owner of East Fork Cultivars, told Jefferson Public Radio. “We put labels up at the end of the rows so people know what they’re looking at, just like you might walk through the pinot noir section of a vineyard.” To read more:

New Coalition Launches to End Cannabis Prohibition, Bridge Across Ideological, Party Lines

New Coalition Launches to End Cannabis Prohibition, Bridge Across Ideological, Party LinesBuckeye Relief | buckeyerelief.comThe Buckeye Relief infused-foods team, including Kitchen Manager Emily Rollo (front left), Executive Chef Marc London (front right), Kitchen Tech Lupe Rivera (back row, from left), Kitchen Tech Ricardo Yepez and Assistant Kitchen Manager Ryan Fatica, carefully craft a line of cannabis edibles with a focus on taste and effectiveness.The first time Marc London received a complaint about the taste of his chocolate, there was only one response he deemed appropriate. “Thank you,” said London, the executive chef at Buckeye Relief, a medical cannabis cultivator and processor in Eastlake, Ohio, about 15 miles northeast of Cleveland, where he and Kitchen Manager Emily Rollo carefully craft infused

Khiron Becomes First Colombian Medical Cannabis Company to Export Live Cannabis Clones to Europe

Khiron Becomes First Colombian Medical Cannabis Company to Export Live Cannabis Clones to Europe Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, is pleased to announce that the Company has successfully exported its registered Colombian cannabis strains, in the form of live clones, to Europe. This significant milestone represents the first shipment of medical cannabis live plant material to Europe from Colombia and is expected to accelerate access to European markets as the Company executes on its asset light growth strategy in the United Kingdom and Germany. Through its EU-GMP certified supply chain partners in Europe, Khiron plans to introduce branded, cannabis-based medicinal

The Aphria-Tilray Mega Merger: 7 Key Takeaways From ISS and Glass Lewis

The Aphria-Tilray Mega Merger: 7 Key Takeaways From ISS and Glass Lewis Earlier today, Aphria Inc. (TSX: APHA) (Nasdaq: APHA) received a positive nod from Institutional Shareholder Services Inc. (ISS) and Glass Lewis as it relates to the proposed mega-merger with Tilray, Inc. (Nasdaq: TLRY). Since initially learning about the business combination, we have been bullish on the combined company due to the assets that are owed by each operator. From Canada to the European Union, Aphria and Tilray own strategic domestic and international cannabis assets. Going forward, we are bullish on the growth profile of the combined company and find the risk-reward to be favorable for both operators. ISS and Glass Lewis are leading independent proxy advisory firms that provide voting recommendations

$MSOS Will Need Some Serious Tailwinds To Outpace $MJ Going Into Q2 2021

$MSOS Will Need Some Serious Tailwinds To Outpace $MJ Going Into Q2 2021 During the last month, we have noticed a major divergence as it relates to performance of US multi-state operators (MSOs) and the Canadian Licensed Producers (LPs). This is a trend that caught our attention as Canadian LPs have outperformed US MSOs during the last month.  When comparing the performance of  ETFMG Alternative Harvest ETF (MJ) and AdvisorShares Pure US Cannabis ETF (MSOS) in March, the gap between the two indices has widened and we believe our readers need to be aware of this trend. The MJ ETF is composed of Canadian LPs while MSOS is composed of US cannabis companies and we like to use these indices as a