For those hoping to get in on the cannabis stock game, a Canadian company has gotten approval to start trading on the NASDAQ. It’s the U.S. Stock Exchange’s first listed marijuana company, according to VICE.
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The Nasdaq Stock Market will list its first cannabis shares on Tuesday, marking a key milestone for an industry that has been rejected by the Trump administration.
For all that’s worked in favor of marijuana stocks in recent years, there are plenty of risks. Some of these risks, such as profitability eluding most pot stocks, are readily apparent.
Anticipation is building for GW Pharmaceuticals (NASDAQ:GWPH) as the biotech prepares to hopefully launch its first product in the U.S. in 2018.
A U.S. private equity firm investing exclusively in legal cannabis said on Thursday it had raised more than $100 million in its third round of fundraising, underscoring investor appetite for the burgeoning industry.
Aurora Cannabis Inc. (TSX:ACB) and Canopy Growth Corp. (TSX:WEED) are the two frontrunners in the rapidly emerging Canadian cannabis scene, but will these two powerhouses play leapfrog as legalization day comes and goes?
Investors have been eager to enter the Canadian marijuana space as the country moves towards launching its recreational cannabis market next July.
It was another big day of gains on Tuesday for the North American Marijuana Index, even as some investors anxiously wait for the Fed to announce an interest rate hike in the next 24 hours.
Founded in 2010, angel investment network The Arcview Group offers a window to gauge investor interest in legalized marijuana. Arcview’s network has invested $125 million in 157 cannabis-sector companies since 2013; membership in the network starts at $2,500. It plans to launch its own venture fund by the end of 2017.
Knowledge Keiretsu caught up with professional investors Sturges Karban and Urban Smedeby, MJIC, Inc., a Los Angeles-based full-service cannabis company, to get their thoughts on navigating the opportunities and challenges of investing in the legal cannabis market.
Recreational cannabis is a $6 billion industry that is projected to reach $50 billion in legal annual sales by 2026. Here’s what you need to know if you’re thinking of investing in marijuana.
With prices for many major Canadian cannabis stocks such as Canopy Growth Corp., Aphria Inc., and Aurora Cannabis Inc. trading sideways over the past few months, investors are now wondering which direction stocks will move from here, and what the long-term play with this industry is overall.
Although the hype has worn off when it comes to Canadian marijuana companies, major growth prospects still exist in this newly emerging industry.
With excitement bubbling over the growth potential in the marijuana stock market, investors are keen on which pot stocks are the best to ride that wave of hype into comfortable returns.
The three most exciting areas on the tech side are AI, AR/VR, and legal cannabis. To that end, at our annual VCs on Skis event last week, there were two panels: one on AI and I led a panel on the legal cannabis industry.
Heightened public awareness leading up to the U.S. elections in November drew in massive increases in trading volume, pushing the U.S. Marijuana Index and Canadian Marijuana Index to double in price in less than a two-month period in September and October.
If you’re considering investing in marijuana stocks in the new year, here are five numbers you should know before taking the plunge.
Investors looking for a play in the burgeoning legal U.S. marijuana industry are turning to a company known mainly for its lawn-care products.
Conferences for entrepreneurs eager to break into the cannabis industry have popped up with astonishing frequency in Philadelphia since April, when Gov. Wolf signed the bill legalizing medical marijuana in the state.
So many people get tripped up or freaked out about the idea of investing in the cannabis industry, as if it is somehow a foreign concept, when in actuality many of the investment opportunities in the cannabis space have an interesting and financially sound platforms to their business models.
Several former law enforcement officers want to enter Maryland’s fledgling medical-marijuana industry, according to a June 25, 2016, article in the Washington Post. Maryland will begin issuing licenses to medical-marijuana businesses this summer. The state passed a law allowing medical marijuana in 2014.
Nevada attorneys could be subject to misconduct charges if they invest in medical marijuana. Medical marijuana is still not accepted under federal law. Michael Sommermeyer, spokesman for the Nevada Supreme Court, said, “Marijuana is still considered an illegal substance under the feds, and federal law trumps state law.”
ORLANDO, Fla., May 4, 2016 /Weed Wire/ — The first-ever reality show about investing in Cannabis, The Marijuana Show, is looking for the next crop of Ganjapreneurs
CHICAGO, Dec. 24, 2015 /Weed Wire/ — MJIC Media is raising its voice for cannabis with the launch of MJIC Radio.
Pineapple Express expands, brands and invests in canna-businesses and intends on launching a national chain of Pineapple Express stores and products.
CHICAGO, July 15, 2015 /Weed Wire/ — HerbFront Inc. is pleased to announce the launch of HerbFront Capital, a lending, business brokerage and advisory arm of its existing powerful real estate mapping technology platform.
Sometimes the most difficult plight of new investors in the cannabis sector is to know where to start learning and what information to trust.
New companies every week, more press releases every day! How do you keep up with all the information and what’s relevant in it? How does a novice investor assimilate all of this?
Having thick skin is a necessary asset when investing in the cannabis sector. Pity the over-the-counter small investor cautiously entering the cannabis sector, either the long-time advocate or someone who knows the product well from a personal standpoint.
October is Breast Cancer Awareness Month. We all know women and men who have suffered from this horrible disease. In 2014, approximately 300,000 new cases will be diagnosed and 40,000 women will die.
Marijuana and mutual funds are not concepts usually found in the same sentence. Marijuana investments are notoriously volatile. A mutual fund, on the other hand, is the sort of stodgy vehicle that middle-aged people use to build retirement savings.
Anyone who has ever succumbed, credit card in hand, to the siren song of a garden catalog that arrives during a February snowstorm realizes that there is money to be made from hobby gardeners. But when the crop is marijuana, the motivation is more likely to be medical than horticultural.
As the multi-billion dollar cannabis market transitions above ground, there is no shortage of conflict and confusion while investors and entrepreneurs scramble to get their hands in the legal pot.