Tag Archives: Fund

Bill Would Reduce Alabama Penalty for Marijuana Possession

Bill Would Reduce Alabama Penalty for Marijuana Possession

Bill Would Reduce Alabama Penalty for Marijuana Possession

A bill that would reduce the penalty for marijuana possession in Alabama is scheduled for consideration on Wednesday by both the House and Senate judiciary committees.

NZ Super Fund

NZ Super Fund Excludes Recreational Cannabis Companies

AUCKLAND, N.Z., Dec. 18, 2017 /Weed Wire/ — Companies involved in the recreational cannabis industry have been excluded from the $37 billion NZ Super Fund. The exclusion does not include companies involved with licensed and authorised medicinal cannabis.

The New York Stock Exchange is Getting Its First Weed Fund

The New York Stock Exchange Is Getting Its First Weed Fund

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.

MedMen Opportunity Fund Closes Below $100 Million Target

MedMen Opportunity Fund Closes Below $100 Million Target

On June 12, 2017, the MedMen Opportunity Fund, a California-based private equity fund focused on the legal marijuana industry, filed Form D with the United States Securities and Exchange Commission, indicating that it had raised approximately $60 million of its $100 million offering.

University of New Mexico Launches Medical Cannabis Research Fund

University of New Mexico Launches Medical Cannabis Research Fund

On Sept. 28, 2016, the University of Mexico announced the Medical Cannabis Research Fund. Associate Professor Jacob Vigil in the Department of Psychology created the MCRF to aid medical cannabis research in social and biomedical sciences.

Ohio Approves $1.8 Million for MMJ Program

Ohio Approves $1.8 Million for MMJ Program

On Aug. 22, 2016, the Ohio Controlling Board, a bipartisan panel that handles adjustments to the state budget, voted to transfer $1.8 million from the Emergency Purposes Fund to the Medical Marijuana Control Program Fund, as requested by the Ohio Office of Budget and Management.

MedMen

Leading Cannabis Management Firm MedMen Launches $100 Million Investment Fund

LOS ANGELES, June 27, 2016 /Weed Wire/ — MedMen, the only full-service management company serving North America’s legal cannabis industry, has launched the MedMen Opportunity Fund, L.P. (the “Fund”), the first private equity vehicle of its kind.

Public Markets

Planning Ahead for the Changing Times in Cannabis Public Markets

With the exception of the late-2013 to early-2014 bubble, from which fortunes were made, there has been little sustained progress in producing a truly public company sector Version 2.0. No doubt companies like Massroots (OTCQB: MSRT) have set the bar higher.


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