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.
Tag Archives: NYSE
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, increased 4% in October.
Drinkable cannabis has been on the rise since the advent of states in America with recreational marijuana legalization and now that Canada is on the brink of implementing recreational legalization, a recently announced strategic relationship has the future of Canadian cannabis beverages looking bright.
Virginia hemp has become a reality. On Oct. 19, 2017, the University of Virginia announced that it had completed its first successful harvest of the crop.
On April 20, 2017, Cowen and Company, a leading Wall Street investment bank, issued a report that shows the accelerated adoption of cannabis pressuring alcohol volumes, with beer most at risk.
SAN FRANCISCO, March 1, 2017 /Weed Wire/ — While recreational marijuana cannot be sold in California until January 2018, existing medical marijuana growers and future recreational marijuana growers will be eligible as of March 1 for PG&E’s agricultural energy rate.
Innovative Industrial Properties, Inc. (IIPR) is one of the latest and most notable companies focusing on marijuana to hit the markets, and the company had a fairly quiet IPO on Thursday, December 1.
With several states passing measures to legalize marijuana in 2016, the cannabis business looks poised to finally to take off. But for investors, there remains a quandary: How do you find a way to get in on the ground floor of this new growth industry?
New Cannabis Ventures broke the news Monday evening. It will be the first publicly-traded cannabis-related Real Estate Investor Trust or REIT and, if approved, would be the first cannabis company to be traded at the venerable NYSE.
We will take a look at Michael James Enterprises Inc. (OTC: MJTV) and its plans to reformulate and enhance the delivery of dronabinol to target sleep disorders.
No one supposes that the core business of Bank of America, Merrill Lynch’s parent company, is social justice. But social investing is not a new idea.
MyDx offers a comprehensive digital ecosystem of hardware and software that enables users to track, self-quantify and record what is happening to them on a strain-by-strain basis. While such data empowers an individual cannabis consumer’s path to finding the right strain for a specific condition, MyDx believes this data can serve the greater good of the industry.