Tag Archives: CLVR

What Will Be The Cost Of Doing Cannabis Business in Mexico…If The Country Finally Legalizes It?

Medical marijuana has been legalized in Mexico since June 2017 and, in 2018, Mexico’s Supreme Court of Justice ruled that banning the plant was unconstitutional.

On April 30, 2021, Mexico's Congress failed to pass adult-use legalization orders that were handed down by five Supreme Court rulings, marking the fourth time the deadline was missed. Now, a bill to legalize recreational cannabis is expected to be brought to a vote.

Health licenses for cultivation, harvesting and production of marijuana in Mexico are exclusively limited to medicinal and research....More>>>

Sundial Growers Stock Looks as If It May Be Coming To Life Before Too Long

Sundial Growers (NASDAQ:SNDL) stock has been an inexplicably popular cannabis play all year long.

Source: Postmodern Studio / Shutterstock.com

By now, it’s well-known that the at-one-point nearly bankrupt cannabis producer enjoyed a stunning comeback thanks to Reddit’s r/WallStreetBets community.

Once that group embraced SNDL stock, it shot up from the pennies to as high as $4.

The company used that opportunity to raise a boatload of cash. So much so, in fact, that it paid off its debt and had a billion dollars left over. In theory, this would....More>>>