Hemp-based THC revenue may make cannabis stocks more appealing—but there are risks

With cannabis stocks showing steep losses this year on stalled legalization on the U.S. federal level, some companies in the sector are turning to the more thinly-regulated business of THC derived from hemp as a way to potentially excite Wall Street with new revenue streams.

Topics

Florida Rejects Recreational Marijuana as Cannabis Stocks Plunge

A ballot measure to legalize recreational pot failed to reach the required 60 percent threshold for passage, and publicly listed companies’ shares dropped after a major market was closed to them.
Business - Inc. - November 6
Qualcomm’s rosy forecast sends stock surging, and more buybacks may be on deck

Qualcomm is upping its buyback program by $15 billion after repurchasing more than $4 billion in stock last fiscal year.
Business - MarketWatch - November 7
The stock market may be facing more than just a ‘lost decade’

The stock market’s prospects over the next decade are mediocre at best.
Business - MarketWatch - 3 days ago
Microsoft dips on weak guidance after beating on earnings

Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.
Business - CNBC - October 30
Intuitive Machines’ stock skyrockets as third-quarter revenue more than triples and NASA fuels record backlog

The Houston-based company made history earlier this year when its Odysseus lander became the first commercial lander to successfully land on the moon’s surface.
Business - MarketWatch - November 14
Airbnb misses on earnings but squeaks in a revenue beat

Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.
Business - CNBC - November 7
Cannabis stocks crater as Florida fails to garner needed votes for adult use

North Dakota and South Dakota also failed in their efforts to legalize cannabis for recreational use, while a medical measure passed in Nebraska.
Business - MarketWatch - November 6
Cannabis stock valuations and investments hobbled by regulatory uncertainties, experts say

A reality check around regulatory challenges facing the cannabis sector has taken hold among some of the leading financiers in the industry, as optimism around the promise of a legal market has faded.
Business - MarketWatch - November 12

Hemp-based THC revenue may make cannabis stocks more appealing—but there are risks

Topics

Related

Florida Rejects Recreational Marijuana as Cannabis Stocks Plunge

Qualcomm’s rosy forecast sends stock surging, and more buybacks may be on deck

The stock market may be facing more than just a ‘lost decade’

Microsoft dips on weak guidance after beating on earnings

Intuitive Machines’ stock skyrockets as third-quarter revenue more than triples and NASA fuels record backlog

Airbnb misses on earnings but squeaks in a revenue beat

Cannabis stocks crater as Florida fails to garner needed votes for adult use

Cannabis stock valuations and investments hobbled by regulatory uncertainties, experts say

More from MarketWatch

‘I’ve nothing saved for retirement’: I’m 50 and earn $45,000. I don’t have a 401(k) match. Should I put 10% of my salary in a Roth IRA instead?

My friend declared bankruptcy. Can creditors still go after him for child support, back taxes and student debt?

The Dow trades above 45,000 for the first time. It may be time to rethink what makes a milestone.

Super Micro leads S&P 500 losers to cap turbulent month for AI stocks

How Trump tariffs might hit your wallet and the stock market for years to come