FREDERICTON, New Brunswick, Jan. 31, 2018 /Weed Wire/ — The provincial government has announced the locations of the final nine Cannabis NB retail stores.
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FREDERICTON, New Brunswick, Dec. 19, 2017 /Weed Wire/ — The provincial government reported today that, as a result of a tender process, 11 locations for Cannabis NB retail stores have been awarded and tenders for the nine remaining sites have been re-issued.
Over the past year, investors have been anxiously following the progression of marijuana stocks such as Canopy Growth Corp, which offer the promise of significant growth from the new, emerging segment of the economy.
A subsidiary of the New York Stock Exchange launches trading on Dec. 26 for its first-ever marijuana fund, a major step for an industry that’s struggled to access mainstream U.S. financial instruments, even as Canadian markets have kicked off marijuana investment.
The legal sale of marijuana in Uruguayan pharmacies is facing challenges as banks refuse to deal with companies linked to the drug in order to follow international financial laws.
In this Cal Can Biz Expo interview, watch Kristen Fox, Editor-in-Chief of MJINews.com and Marijuana Industry News magazine, interview Jordan Gerber, President of MJIC Capital.
For many weed stocks, the summer of 2017 hasn’t been what you’d call a scorcher. However, three marijuana stocks have sizzled this summer.
Identifying companies in great financial health is important when investing in an industry like marijuana. That being said, the Canadian marijuana stocks on our list all have current ratios of at least 10x, and debt to equity ratios under 20%.
The industry and the Canopy Growth Corp. were going to be the next big thing for investors, but things have cooled down gradually over the past few months.
Republican and Democratic senators on Wednesday renewed their drive to make banking easier for marijuana businesses in those U.S. states where the drug is legal.
DOVER, Del., May 10, 2017 /Weed Wire/ — The Delaware House Revenue and Finance Committee approved a bill Wednesday (9-2) that would make marijuana legal for adults and regulate it similarly to alcohol. HB 110, also known as the Delaware Marijuana Control Act, will now be considered by the full House of Representatives.
There’s been something in the air on the ASX recently and it’s inducing some strange behaviour in traders betting on higher and higher share prices in some emerging companies.
The investing community demands regular performance updates in the form of financial reports. While the need to impress investors is creating pressure for the infant marijuana industry, are the companies fairly reporting performance?
Since seeing all the buzz and craze these companies are causing in the marketplace, we’ve been hot on the trail of companies tied to the cannabis sector. The budding marijuana industry has spawned several high flying stocks lately, like Mentor Capital Inc.
LOS ANGELES, Oct. 25, 2016 /Weed Wire/ — With legal marijuana expected to make further inroads this November, MedMen, the nation’s leading cannabis firm, and IMN, a global organizer of institutional finance and investment conferences, announced they will host the country’s first ever cannabis expo for institutional and accredited investors.
NEW YORK, Aug. 4, 2016 /Weed Wire/ — Tauriga Sciences, Inc. (OTC PINK: TAUG) (“Tauriga” or the “Company”), a diversified life sciences technology Company, today announced that it has secured additional capital from an existing institutional investor in order to finance additional audit and interim reporting related work.
NEW YORK, Aug. 19, 2015 /Weed Wire/ — Viridian Capital Advisors was recently featured in MSN Money, discussing the ever-changing financial landscape in the cannabis industry and the continued need for professionalism, banking, and compliance for companies in this budding sector.
The booming cannabis sector on the OTC might seem a little like the patent-medicine craze of the late 1800s.
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.
A growing number of marijuana dispensaries in the city of Aspen generated $6.74 million in taxable retail sales in the year between May 2014 and May 2015, according to numbers released this week by the city of Aspen.
We were recently invited to the Harvard Club in New York City to cover a conference on cannabis investing as a roving reporter. The Harvard Club seemed to us to be rather more tweedy than weedy.
Legal marijuana is already big business in America. Colorado alone sold more than $700 million worth of legal weed in 2014, its first full-year of legal recreational and medical sales.
He’s talking about the importance of a team, the art of moving aside, staying educated, trusting your gut feeling, and a whole lot about investing in the legal cannabis industry!
LOS ANGELES, Oct. 15, 2014 /PRNewswire/ — MedMen is proud to announce the addition of Michael Reifsteck to their growing team as Chief Financial Officer. Reifsteck joins MedMen with 15 years of CFO experience, getting his start working for “Big 4” accounting firm KPMG, and recently serving as Corporate Controller of Chobani Yogurt.
Economic forecasters note that if all 50 US states legalized Marijuana this year, collectively the government/s would be taking more than $3-B a year in taxes.
SANTA ANA, Calif., Aug. 14, 2014 /PRNewswire/ — Kush Bottles, North America’s premier supplier of certified child-resistant packaging and compliant bottles for the marijuana industry, announced today the hiring of Chris Martin as the company’s new Chief Financial Officer.