Marijuana News Roundup: How Trump’s Supreme Court Pick Views Pot
How President Donald Trump's Supreme Court nominee has ruled in marijuana cases, and more news related to cannabis in our weekly roundup.
Companies and Brands
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Marijuana Price Drops 3% to $1,591 a Pound
For the week ended Friday, February 3, both the spot price index for a pound of cannabis and the simple average price for a gram decreased, according to the analysts at Cannabis Benchmarks.
Why the Ralph Lauren CEO Departure Might Be a Blessing in Disguise
Ralph Lauren shares hit a new multiyear low on Thursday after the company reported its most recent earnings and the departure of its CEO. Ralph Lauren's stock has not been at this price level…
Massive Analyst Capitulation in Under Armour
Under Armour saw its shares get crushed on Tuesday after the company reported earnings. Unfortunately this wasn’t the end of it.
How High Analysts Are Chasing Apple’s Price Targets
Earnings propped up Apple's stock for Wednesday’s rally, but as more analysts continue to weigh in the stock it could run even more.
Investors Can’t Make Up Their Minds on Altria Earnings
Altria reported better-than-expected fourth-quarter financial results before the markets opened on Wednesday.
Why Apple Services Segment Could Be the Next Big Thing
Apple reported better-than-expected fiscal first-quarter financial results after markets closed on Tuesday.
How Under Armour Stacks Up Against Nike and Lululemon
Under Armour has been one of the biggest cult stocks over the past few years with shares making gains like clockwork. But this earnings report throws all that into question, not to mention there…
Where Does Under Armour Go From Here?
Under Armour stock headed for new 52-week low after weak earnings report and the ouster of company's chief financial officer.
Of $53 Billion in 2016 North American Marijuana Sales, About $46 Billion Illegal
Illegal 2016 sales of marijuana totaled more than $46 billion in North America. As more states legalize both medicinal and recreational pot use, illegal sales drop -- and drop fast.
Marijuana News Roundup: Utah Legislature to Wait on Medical Marijuana Legalizationmari
Utah delays consideration of medical marijuana legislation and more news on the marijuana market.
Are Starbucks 15,000 American Stores Too Few?
courtesy of Amazon.com Inc.Starbucks (NASDAQ: SBUX), according to its 10-K had 15,607 owned and licensed stores in what its calls “Americas” against a total worldwide of 25,085 as of October 2, 2016. Based on…
Marijuana Price Rises 3% to $1,641 a Pound
For the week ended Friday, January 27, 2017, the spot price index for a pound of cannabis increased by nearly 3%, according to the analysts at Cannabis Benchmarks.
Marijuana News Roundup: Biggest US Banks Are in the Cannabis Business
Contrary to public denials, Citi, BofA, JPMorgan, and Wells Fargo banks have provided services to the marijuana industry.
Marijuana Price Rises 2% to $1,595 a Pound
For the week ended Friday, January 20, 2017, the wholesale spot price index for a pound of cannabis increased to $1,595. One gram averaged $3.95 last week.