Business of Cannabis: Cannabis News | Cannabis Views | Cannabis Trends19 Touko 2023

Top cannabis stocks for May 2023, SAFE banking act impacts stocks & regulators and advocates discuss next steps for marijuana interstate commerce

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This week's stories:

Proactive Investors reports that numerous testimonies in favor of the SAFE Banking Act were not enough to push cannabis stocks higher on Thursday.

Investopedia explores the best cannabis stocks in May 2023, highlighting that CRLBF, SNDL and GTBIF are taking the lead for value, growth and performance, respectively

New Hampshire’s Republican governor announced that he would sign an alternative proposal to enact legalization through a system of state-run stores, reports Marijuana Moment.

A top California marijuana official says that the U.S. already has an established interstate cannabis market but it has just been unregulated, reports Marijuana Moment.

Nearly 50 employees from Advance Grow Labs have formed the first cannabis union in Connecticut, reports MJ Biz Daily.

Nationally, including medical and recreational markets, concentrate sales have jumped from some $1.9 billion in 2020 to $2.4 billion in 2022, reports MJ Biz Daily.

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