Recreational pot sales began in Maryland over the weekend, only eight months after voters in the state approved a ballot measure to legalize cannabis for adults, wrote A.J. Herrington for Forbes. Will Tilburg, the acting director of the Maryland Medical Cannabis Commission, “said that regulated sales of cannabis in Maryland are expected to triple over the next year with the launch of recreational marijuana sales,” added the Forbes story. Publicly traded companies in the space include Aurora Cannabis (ACB), CV Sciences (CVSI), CannTrust Holdings (CNTTF), Canopy Growth (CGC), Cronos Group (CRON), Goodness Growth (GDNSF), Green Thumb Industries (GTBIF), India Globalization Capital (IGC), Tilray (TLRY), Trees Corporation (CANN), Trulieve Cannabis (TCNNF) and Zynerba (ZYNE).
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ACB:
- Largest borrow rate increases among liquid names
- Here’s What You Missed in Cannabis This Week
- Rising High: Exclusive talk with pharmaceutical company Artelo Biosciences
- Aurora Cannabis price target lowered to C$1 from C$1.75 at CIBC
- Rising High: Exclusive talk with cannabis market research firm BDSA