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
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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
NEW YORK, Jan. 28, 2016 /Weed Wire/ — GreenWave Advisors LLC announced today the addition of Raymond Katz to its Advisory Board.
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.
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.
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.
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.
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.
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”).
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.
On May 6, 2015, Colorado legislators approved a measure that appears to ease restrictions on out-of-state investment in marijuana businesses.
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.
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.
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.
We can’t help but notice the parallels between legalizing marijuana and gay marriage as they progress in our society.
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.
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?