DENVER, Jan. 19, 2016 /Weed Wire/ — CannLabs, Inc. (OTC: CANL), a provider of proprietary, cloud-based analytics and scientific testing methodologies relating to cannabis, has engaged Viridian Capital Advisors to explore strategic alternatives in order to maximize shareholder value.
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While recent data from New Frontier has shown that women are significantly less likely to participate in medical marijuana programs than men, women working in legal marijuana continue to actively advance the industry.
No one supposes that the core business of Bank of America, Merrill Lynch’s parent company, is social justice. But social investing is not a new idea.
New investors will have to accustom themselves to this battleground while trying to learn the ropes of investing in this sector as cannabis moves toward legalization. They should also learn to differentiate figureheads, talking heads, heads with visions and rolling ones.
On Nov. 24, 2015, CannLabs closed its Denver laboratory and laid off as many as 15 people. Some question the company’s future viability. So what happened?
Stocks resumed their recent risk on rally with strength in international, emerging, small and micro cap stocks. It is interesting to see strength in the technology sector despite the drubbing in price for micro-blogging site, Twitter.