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On January 11 th , the Alcohol and Gaming Commission of Ontario (AGCO) held its highly-anticipated Ontario cannabis lottery. The House Wins in the Ontario Cannabis Lottery. The Cost of Winning the Ontario Cannabis Lottery. In a way, winning the Ontario cannabis lottery is like winning a car. Violation of Privacy.
All figures in this press release are in Canadian dollars, unless otherwise indicated. The Company has been effective in managing its portfolio and identifying those opportunities that continue to show strong growth both within and outside of the cannabis industry. Even positive news saw stock prices continue to drop.
Weedmaps, or now known as WM Technology on Wall Street, had a horrendous stretch of bad news and dismal financial reporting over the past few weeks. Chris Beals, a former SPAC attorney who is now the CEO of Weedmaps, explained that it is the illegal cannabis market that is just killing their financial numbers.
Tobacco companies will likely challenge the decision in court, according to Stat News. But such a ban would affect many cannabis consumers—primarily Black smokers—who roll marijuana into flavored tobacco or cigar leaves, commonly called a blunt. Cannabis-only consumers, by contrast, show little increased cancer risk (1.2-fold).
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