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BevCanna Enterprises (BVNNF), Ceres Acquisition (CERAF), Fire & Flower Holdings (FFLWF), INDIVA LTD by Indiva Ltd. (NDVAF), Red White & Bloom Brands (RWBYF), Scotts Miracle-Gro Company (SMG), S&P Dep Receipts (SPY), Twitter (TWTR) - The Week In Cannabis: Stock Volatility, NJ, $1.9B IPO, Policy Moves, Financings, And More


This week, cannabis stocks experienced quite a bit of volatility amid a slew of big news items.
On Monday, New Jersey Gov. Phil Murphy signed a trio of adult-use cannabis reform bills, making recreational marijuana legal and regulated for adults 21 years and older, while also decriminalizing the possession among all inhabitants of the state.
Following the news, Cantor Fitzgerald analyst Pablo Zuanic recommended investors to keep an eye on three companies with a large presence in the Garden State  
Curaleaf Holdings Inc. (OTCQX: CURLF),
Green Thumb Industries Inc. (OTCQX:GTBIF) and
Columbia Care Inc. (OTCQX:CCHWF).
Also this week,
Parallel CEO and chewing gum billionaire William “Beau” Wrigley Jr. confirmed the company will go public via a $1.9 billion merger with ....

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Scotts Miracle-Gro Company (SMG) - SMG's Hawthorne Launches Social Justice Fund Aimed At Fixing 'War On Drugs' Damage


Hawthorne Gardening Company, a subsidiary of 
Scotts Miracle-Gro (NYSE:SMG), recently announced the launch of the Hawthorne Social Justice Fund  a $2.5 million fund created to support not-for-profit organizations with cannabis social justice missions.
“It’s obvious that our nation experienced a watershed moment this year in terms of how we think about and discuss social justice. To us, this meant we needed to both look hard at what we’re doing and make sure we’re doing an adequate job informing our consumers and the industry at large,” says Chris Hagedorn, senior vice president and general manager of Hawthorne.
Social Justice in Mind: At first, the fund managed by the Scotts Miracle-Gro Foundation will provide grants focused on addressing the disproportionate level of cannabis arrests and incarcerations among people of color. ....

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