You can find more details on jobs created by cannabis companies on Leafly, and a detailed list of recent mass layoffs on Business Insider, via Jeremy Berke. The turmoil had marijuana stocks trading down this week, with major U.S.-traded ETFs, the Horizons Marijuana Life Sciences Index ETF (HMLSF), the ETFMG Alternative Harvest ETF (MJ), the AdvisorShares Pure Cannabis ETF (YOLO), the Cannabis ETF (THCX), and the Amplify Seymour Cannabis ETF (CNBS). Policy Moves And International HappeningsThis week, Illinois said that it had sold almost $40 million in adult-use cannabis during the first month of its program. People wait in line to purchase recreational marijuana outside the Cresco Labs Sunnyside* Lakeview ... [+] dispensary in Chicago, Illinois, U.S., on Wednesday, Jan. 1, 2020. For Cantor Fitzgerald analyst Pablo Zuanic, this reinforces the “domino effect” thesis, which suggests neighboring states will follow suite in legalizing recreational cannabis soon.
Source: Forbes February 08, 2020 18:45 UTC