DOJ Wants Firearms Ban For Cannabis Users, Maine's Tainted Medical Marijuana And More Updates
Portfolio Pulse from Jelena Martinovic
A report from Maine's cannabis regulator found that half of the state's medical marijuana is tainted with contaminants. The American Medical Association calls for more education on cannabis risks to children and pregnant women. Georgia expands its medical cannabis industry with four new licenses, including FFD GA Holdings LLC, TheraTrue Georgia, LLC, Natures GA, LLC, and Treevana Remedy Inc. Over half of the US population lives in states where cannabis is legal. The DOJ argues for a firearms ban for marijuana users, citing historical firearm regulations.
November 20, 2023 | 8:33 pm
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Trulieve Cannabis Corp., already holding a production license in Georgia, could face increased competition as the state awards four new medical cannabis production licenses.
The issuance of new licenses in Georgia introduces more competitors into the market, which could potentially dilute Trulieve's market share and impact its revenue growth in the state. This increased competition may negatively affect Trulieve's short-term stock performance.
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