DENVER, Jan. 30, 2018 /Weed Wire/ — Jane West, the eponymous lifestyle brand from the woman leading marijuana’s shift into mainstream culture, today launched its first equity crowdfunding campaign. The company is seeking $1.07 million in funding by April 20, 2018.
Tag Archives: Equity
SEC Qualifies True Leaf Offering for Equity Crowdfunding
VERNON, British Columbia, Nov. 30, 2017 /Weed Wire/ — True Leaf Medicine International Ltd. (“True Leaf” or the “Company”) (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF), announced today that it has received a notice of qualification from the Securities and Exchange Commission (“SEC”) of its Regulation A+ Tier 2 Offering Statement under Title IV of the JOBS Act to raise up to $10 million CAD in an offering that launches today.
Gardner Joins Effort to Reform Tax Laws on Marijuana Businesses
WASHINGTON, Nov. 15, 2017 /Weed Wire/ — Senator Cory Gardner (R-CO) today announced he is cosponsoring the Small Business Tax Equity Act introduced by Senators Rand Paul (R-KY) and Ron Wyden (D-OR).
Are Canada’s Licensed Marijuana Producers at Risk of Becoming Delisted?
Marijuana stocks were down sharply in Tuesday’s trading as Toronto Stock Exchange operator TMX Group Limited suggested the exchange is going to start cracking down on marijuana producers engaging in illegal activities south of the border.
Why More Medical Marijuana IPOs Are Coming
Almost three months after the initial public offering (IPO) of MedReleaf Corp. (TSX:LEAF), shares have yet to do much in either direction. The company, which came to market in what was then described as a “botched IPO,” fell quickly out of the gate from its IPO price.
High Hopes: Merger Intends to Make High Times Publicly Traded Company
On July 27, 2017, Hightimes Holding Corp., the company behind High Times magazine, announced a merger agreement with Origo Acquisition Corporation (NASDAQ:OACQ), a special purpose acquisition company, as a means of making High Times a publicly traded company.
MassRoots Announces Closing of $1.2 Million Equity Financing
DENVER, July 24, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT), one of the leading technology and compliance platforms for the cannabis industry, is pleased to announce it has closed a $1,217,000 private placement of common stock and warrants, as detailed in MassRoots’ Current Report on Form 8-K filed on July 24, 2017 with the U.S. Securities and Exchange Commission.
CLS Holdings Insiders Convert $2.7 Million of Debt to Equity
BOULDER, June 7, 2017 /Weed Wire/ — CLS Holdings USA, Inc. (OTCQB: CLSH) (or the “Company”), a diversified cannabis company, is pleased to announce that Chairman and CEO, Jeff Binder, and Board Member, Frank Koretsky, have exchanged $2,704,240 of their Notes into common stock at a fixed price of $0.25 per share.
Arkansas Regulators Approve Emergency Medical Marijuana Rules
On May 3, 2017, the executive subcommittee of the Arkansas Legislative Council approved emergency medical marijuana rules for the state, governing the implementation of regulatory oversight, the application process and medical marijuana registration, testing and labeling.
This Marijuana Stock Isn’t Afraid of Jeff Sessions
Here’s a pot stock that should prove immune to the adverse political winds emanating from the nation’s capital as marijuana is transitioning in the public eye.
Congressmen Curbelo, Blumenauer and Senators Wyden, Paul Release 280E Tax Reform Bills
DENVER, March 30, 2017 /Weed Wire/ — The New Federalism Fund applauds Reps. Carlos Curbleo (R-FL 26), Earl Blumenauer (D-OR 3) and Sens. Ron Wyden (D-OR), Rand Paul (R-KY) for introducing the Small Business Tax Equity Act of 2017 in the U.S. House and Senate on Thursday, March 30.
MassRoots Completes $5.0 Million Equity Financing
DENVER, Oct. 21, 2016 /Weed Wire/ — MassRoots, Inc. (OTCQB: MSRT), one of the leading technology platforms for the cannabis industry, is pleased to announce it has completed a $5.0 million equity offering under its Registration Statement, declared effective by the Securities and Exchange Commission on August 11, 2016.
Newly Launched MJIC Marijuana Index Tracks Positive Third-Quarter Progress for Frontier Legal Cannabis Market
LOS ANGELES, Oct. 13, 2016 /Weed Wire/ — MJIC Inc. has launched its North American Marijuana Index (the “Index”), a stock index designed to track the leading public cannabis companies in the U.S. and Canada.
MassRoots Closes $3.2 Million Equity Financing to Date Under Registered Offering
DENVER, Oct. 10, 2016 /Weed Wire/ — MassRoots, Inc., one of the leading technology platforms for the cannabis industry, announced that it has closed on $3.2 million in equity financing to date under its Registered Offering, declared effective on August 11, 2016.
American Cannabis Company Announces a $5 Million Fixed Funding Commitment
DENVER, June 24, 2016 /Weed Wire/ — American Cannabis Company, Inc. (OTCQB: AMMJ) (the “Company”), a full-service business-to-business consulting solutions provider, and seller of ancillary products to the cannabis industry, today announced that it has signed an investment agreement with Tangiers Global LLC (“Tangiers”) for a fixed funding equity commitment of up to $5 million.
Lexaria Intends to Complete an Equity Financing of CDN$100,000
KELOWNA, British Columbia, May 31, 2016 /Weed Wire/ — Lexaria Bioscience Corp. (OTCQB:LXRP) (CSE:LXX) (the “Company” or “Lexaria”) reports its intention to complete a non-brokered private placement financing of 700,000 equity units priced at US$0.11.
Viridian Announces Two More Presenting Companies for Florida Cannabis Investment Conference
NEW YORK, May 10, 2016 /Weed Wire/ — Viridian Capital Advisors is pleased to announce two additional companies selected to present at our Florida cannabis investment conference on June 8, 2016 at the Westin Fort Lauderdale Hotel.
Lexaria Closes Tranche of Financing and Issues Shares
KELOWNA, British Columbia, April 15, 2016 /Weed Wire/ — Lexaria Bioscience Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) announces it has closed a tranche of the Equity financing announced on February 18 for gross proceeds of US$60,000.
Med-X, Inc. Execs Bank on Regulation A+ Equity Crowdfunding’s Promise for the Future of the Cannabis Industry
LOS ANGELES, April 5, 2016 /Weed Wire/ — Med-X, Inc.’s crowdfunding initiative is full steam ahead as the final rules for Regulation A+ takes effect in a matter of weeks, the company proudly announced on Monday.
Eco Science Solutions, Inc. Announces 1 Million Share Buyback and Cancellation as Part of Its Ongoing Stock Buyback Program
MAUI, Hawaii, Feb. 26, 2016 /Weed Wire/ — Eco Science Solutions, Inc. (OTCBB: ESSI), a vertically focused e-commerce company in the cannabis industry, today announced that it has formally completed and canceled 1,000,000 shares of common stock, thus enhancing shareholders present-day equity value in the Company.
Leading Veteran Wall Street Research Analyst Raymond Katz Joins GreenWave Advisors Advisory Board
NEW YORK, Jan. 28, 2016 /Weed Wire/ — GreenWave Advisors LLC announced today the addition of Raymond Katz to its Advisory Board.
Med-X, Inc. Aiming to Correct the Course of Cannabis in America with New Insecticidal Soil
LOS ANGELES, Jan. 8, 2016 /Weed Wire/ — Med-X has already taken steps to handle post-legalization America, and they’re doing it by creating a company that can handle every aspect of the medical cannabis industry.
Equity Investment Positions MJ Freeway for Growth
With a $25,000 investment minimum, a total of 13 purchasers helped MJ Freeway close its $8 million round of Series B financing. On Dec. 21, the company officially announced the raise, identifying Roger McNamee and Tao Capital Partners as investors.
Top 10 Tips for Cannabusiness Debt Financing, Plus One
Speaking at the High Times Business Summit 2015 in Washington, D.C., Scott Jordan, Director of Business Development for Dynamic Alternative Finance, laid out his top 10 tips for cannabusinesses forced to think outside the box for financing. Then there was an extra that may trump all others.
Competitive Compensation: Paying Cannabis Employees with Equity
Cannabusinesses will look for creative ways to hold onto talent. The classic response, especially for a new business in a young industry, is to offer equity-based incentive compensation to key employees.
Canopy Growth Corporation Officially Acquires MedCannAccess
SMITHS FALLS, ON, Oct. 2, 2015 /CNW/ - Canopy Growth Corporation (TSXV: CGC) (the “Company”), parent company of licensed medical marijuana producers Tweed Inc. (“Tweed”), Tweed Farms Inc. (“Tweed Farms”) and Bedrocan Canada Inc. (“Bedrocan Canada”), is pleased to announce it has officially closed the previously announced acquisition of MedCannAccess (“MCA”) in an all-equity transaction.
Amended: Lexaria Intends to Complete a US $2,520,000 Financing
KELOWNA, B.C., Sept. 18, 2015 /Weed Wire/ — Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) reports its intention to complete a non-brokered private placement financing, consisting of 14,000,000 Equity Units at US$0.18 per unit, to raise gross proceeds of up to US $2,520,000 (the “Private Placement”).
How to Find VC-free Funding for Startups and Early Stage Companies
Entrepreneurs don’t always know what qualifies as a fungible asset. And they’re not aware that many emerging businesses can gain access to finance fairly easily if their business has the right components.
Colorado Law Change Puzzles Marijuana Investors
On May 6, 2015, Colorado legislators approved a measure that appears to ease restrictions on out-of-state investment in marijuana businesses.
Rep. Blumenauer and Sen. Wyden Stand Up for Tax Fairness in the Cannabis Industry
WASHINGTON, D.C., April 17, 2015 /Weed Wire/ – U.S. Representative Earl Blumenauer (D-OR) and Senator Ron Wyden (D-OR) have introduced the Small Business Tax Equity Act of 2015 in both the House and the Senate.
Portland Startup Seeks $2M to Map the Genome … of Cannabis
Phylos Bioscience, which is mapping the cannabis genome, has raised $250,000 in equity, according to a filing with the U.S. Securities and Exchange Commission.
Anatomy of a Capital Raise: ebbu Seeks Venture Funding
ebbu LLC is looking to make waves in the growing marijuana market, but first it will have to navigate the tricky waters of venture capital funding in its home state of Colorado.
Friday “Legalize Gay Pot”
We can’t help but notice the parallels between legalizing marijuana and gay marriage as they progress in our society.
Prairie Wellness Fund: Risks and Opportunities
The Prairie Wellness Fund, brainchild of Michael Griffin, veteran of the hedge fund service provider HedgeACT, seeks to offer credit financing for medical-marijuana entrepreneurs.
Crowdfunding for Marijuana Startups
In a non-cannabis industry an entrepreneur might simply go to the bank for financing, but not so in the marijuana world. Few lenders are ready to do business with a startup whose status is still questionable under federal law. Is crowdfunding an option?