Cannabis legalization has been an issue on many ballots in the past decade, with several states opening up to recreational use legalization. US Vice President Kamala Harris called on the federal government to move "as quickly as possible" in terms of reclassifying cannabis from its current Schedule I classification. If any efforts are successful in doing so, what would the cannabis market look like and who would stand to benefit the most? Poseidon Co-Founder & Managing Partner Emily Paxhia joins...

Shares of cannabis company Tilray Brands (TLRY) are sliding in Tuesday's pre-market trading and into the session open after reporting a fiscal third-quarter revenue miss. The cannabis-pharmaceutical stock, which is still regarded as a meme stock, has seen year-to-date gains of over 12%. Morning Brief Anchors Seana Smith and Jared Blikre monitor Tilray's stock, comparing it to the overall performance of the cannabis industry in 2024. For more expert insight and the latest market action, click her...

CHICAGO, March 26, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces March income distributions for its ETFs. ETF NameTickerAmount per ShareEx-DateRecord DatePayable DateAmplify AI Powered Equity ETFAIEQ$0.150383/26/20243/27/20243/28/2024Amplify Travel Tech ETFAWAY$0.024733/26/20243/27/20243/28/2024Amplify Cash Flow Dividend Leaders ETFCOWS$0.048683/26/20243/27/20243/28/2024Amplify CWP Enhanced Dividend Income ETFDIVO$0.154883/26/20243/27/20243/28/2024Amplify Video Game Tech ETFGAMR$0.016063/26/20

If you’re looking for Wall Street’s favorite cannabis stocks, you’re most likely to find them amongst the holdings of the AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS), the largest U.S.-listed cannabis exchange traded fund (ETF). MSOS is an actively managed ETF with just under $1 billion in net assets. Its net assets are more than four times those of the next largest fund, Amplify Alternative Harvest ETF (NYSEARCA:MJ), with $243 million in net assets. If you’ve held MSOS since its launch in

Well-known ETFs complement Amplify’s existing lineup of income, core, and thematic ETFsCHICAGO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announced today it has completed its previously announced acquisition of ETF Managers Group (ETFMG) exchange-traded fund (ETF) assets, which consist of over $3.7 billion of assets under management (AUM) across 14 ETFs (as of 1/26/2024). Amplify ETFs will now manage $9.1 billion of AUM as of 1/26/2024. “The completion of Amplify’s first sizable ETF acquisi

As 2023 concludes, a deeper dive into market performance reveals the Nasdaq 100 (^NDX) was a key index to watch, housing outstanding annual performances by tech leaders Tesla (TSLA) and Meta (META). Yahoo Finance Markets Reporter Jared Blikre takes a closer look at the aspects of the stock market that stood out, including bitcoin (BTC-USD) and meme stocks, in his year-in-review analysis. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance ...

A fresh wave of investment opportunities emerges as the SAFE Banking Act is reintroduced to Congress, promising brighter prospects for marijuana stocks and ETFs.

The cannabis business is on a path of exponential growth, and anyone interested in taking part should be familiar with the most common industry terms.

A White House spokesperson on Monday confirmed reports that President Joe Biden plans to sign the Medical Marijuana and Cannabidiol Research Expansion Act after the measure won approval in the U.S. Senate last week. The measure ranks as the first standalone cannabis reform bill to pass both the U.S. House of Representatives and the Senate. The bill aims to eliminate red tape that's slowing cannabis research for new treatments. The White House spokesperson did not say when Biden planned to sign t

New York plans to hand out 175 licenses in its first wave, targeting those previously harmed by marijuana laws.