Senate Schedules Hearing On Marijuana Business Banking Access

Senate Schedules Hearing On Marijuana Business Banking Access

In one of the clearest signs of marijuana reform’s growing momentum on Capitol Hill, a Republican-controlled Senate committee has scheduled a hearing for next week that will examine cannabis businesses’ lack of access to banking services. PHOTO: TOM SYDOW PHOTO: TOM SYDOW The formal discussion in the Senate Committee on Banking, Housing …

Read More »

Aurora Cannabis (ACB) Is Firing on All Cylinders

Aurora Cannabis (ACB) Is Firing on All Cylinders

Aurora Cannabis (ACB) has a problem. Valued at $7.1 billion, Aurora sold only $129 million worth of marijuana over the last 12 months. Worse, it didn’t make any money selling that weed — losing more than $160 million instead. Aurora sports a positive trailing gross margin of 67.5% on its …

Read More »