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.
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?
Even in the wake of warnings from the SEC regarding fraudulent marijuana stocks, investors are still seeking ways to capitalize on the “green rush.”
Few business sectors are growing as fast as the cannabis industry. After the 2014 midterm election, the recreational market expanded from two states to four; and many expect marijuana to become legal nationwide within the next decade.
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.
With edibles, as with tinctures and oils, it is now possible to produce strain-specific products with uniform chemical composition and potency because of developments in extraction and infusion technologies.
CannLabs is a leading solutions provider in Denver with intellectual property, proprietary cloud-based analytics and scientific methods to serve the cannabis industry.
If you remember prohibition days, or are unlucky enough to live in states with no legal access to cannabis, then you know the uncertainties surrounding black market cannabis. You have no guarantee that the “Sour Diesel” you are buying is actually what your dealer claims it is. Worse yet, you have no idea if what you are smoking carries any toxins from pesticides.
Genifer Murray’s path to the pot industry was an unlikely one. After graduating with a degree in microbiology, she spent two less-than-fulfilling decades working in corporate sales. But three years ago, a random conversation in a bar about medical marijuana testing awakened her inner scientist.