No Picture
Trading Ideas

Latest Vaping News: Where Did We Go Wrong?

As 2019 draws to a close, this is the time to reflect on some of the biggest stories of the year for cannabis… and to take a peek at what lies ahead in 2020.
So we invited our friends Justin Stekal from the National Organization for the Reform of Marijuana Laws (NORML) and Morgan Fox from the National Cannabis Industry Association (NCIA) to sit down with us for our first-ever CannaBiz Now! “Legislative Roundtable.”
For the last decade, Justin and Morgan have had their fingers on the pulse of what’s going on in Washington, D.C., particularly as it relates to marijuana policy.
In …read more […]

No Picture
Trading Ideas

Biogen Sheds $3 Billion in Value on Top Drug’s Patent Review

(Bloomberg) — Biogen Inc. shed more than $3 billion in market value in the past two trading sessions as a patent review of its top drug Tecfidera Wednesday raised concerns over a potential generic threat from Mylan NV.Shares fell as much as 3.7% on Thursday, the most in two months, extending losses for a third day. Analysts held different views on the trial, with Evercore ISI Umer Raffat saying the hearing went better-than-expected for Biogen, while RBC analyst Brian Abrahams said Mylan seemed to make “a slightly stronger case.”“In totality, the arguments and judges’ reactions seemed to favor MYL incrementally,” …read more […]