Cannabis Uruguay

In a dramatic turn, Aurora Cannabis (NASDAQ:ACB) announced its breakup with Uruguay, closing operations by the end of September 2024. Acquired for $263 million in 2018, Aurora’s exit underscores a harsh reality: the market failed to meet its criteria for future growth, dashing hopes of...

By Hernán Panessi, originally published on El Planteo “There is a market, we are not reinventing the wheel. The circle was built already, it’s not earth shattering or anything”, says casually Lucas Crivilone. So far this year has already sold about 10 tons of dried cannabis...

This article was originally written by Hernán Panessi for El Planteo. Published here with permission. Green open spaces and sunshine. The dream of the countryside. The longing for a quiet life: fresh air, slow times, calm. Thus, in that search, a couple of serial entrepreneurs - her an...

This was a strange week for cannabis stocks, as major indices experienced a plateau, spiking Tuesday and tumbling Thursday. The United States Marijuana Index, which tracks 15 of the largest marijuana stocks in the U.S., ended the week down 4.1 percent, while the North American Marijuana Index,...