Cannabis News

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Jim Cramer explains that, while he likes Canopy Growth under its new leadership, the marijuana market has burned too many people. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://www.cnbc.com/pro/?__source=youtube » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC
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Troy Dayton of Arcview joins CNBC’s “Power Lunch” team to talk about cannabis stocks and what investors should know. Aurora Cannabis said Chief Executive Terry Booth will retire and Executive Chairman Michael Singer become interim CEO as the beleaguered marijuana producer announced C$1 billion ($752.79 million) in impairment charges on Thursday. The company also cut
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Thousands of cannabis enthusiasts and investors descended on Las Vegas in late 2019 for the world’s biggest marijuana industry conference. But the exuberance that marked 2018—a year loaded with industry-wide money raising and blockbuster investments from alcohol and tobacco companies—has faded to a more sober reality at how to survive. IBD’s Bill Peters reports from
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