Tag Archives: Public Company

MassRoots Founder Back in Charge

MassRoots Founder Back in Charge

MassRoots Founder Back in Charge

MassRoots founder, Isaac Dietrich, has found a way to regain control of the company he founded. In an 8k filing with the Securities and Exchange Commission, it was confirmed that CEO Scott Kveton has resigned. The filing also confirmed that all other board members are no longer with the company.

Aphria Stock Soars Following Announcement of Medical Cannabis Deal With Shoppers Drug Mart

Aphria Stock Soars After Announcement of Cannabis Deal With Shoppers Drug Mart

Following market close on Dec. 4, 2017, Aphria Inc. (TSX:APH), an Ontario-based licensed producer of medical cannabis, made headlines when it announced that it had entered into an agreement to be the medical cannabis supplier for Shoppers Drug Mart, a Canadian pharmacy chain.

THC

THC Signs Medicinal Cannabis Distribution Agreement with Major European Distributor, Endoca

SYDNEY, Australia, Nov. 15, 2017 /Weed Wire/ — The Hydroponics Company Limited (ASX:THC) (“THC” or “the Company”) is pleased to announce that its wholly-owned subsidiary Canndeo Limited has signed a distribution agreement with Endoca, a European provider of high quality pharmaceutical grade medicinal cannabis, to distribute medicinal cannabis products into Australia.

Merger Intends to Make High Times Publicly Traded Company

High Hopes: Merger Intends to Make High Times Publicly Traded Company

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.

Hightimes Holding Corp. Seeks Public Listing Through Business Combination with Origo Acquisition Corporation

LOS ANGELES and NEW YORK, July 27, 2017 /Weed Wire/ – Hightimes Holding Corp. (“High Times”), publisher of HIGH TIMES® magazine and a leading voice of the cannabis community since 1974, and Origo Acquisition Corporation (NASDAQ: OACQ) (“Origo”), a special purpose acquisition company, announced that they have entered into a definitive merger agreement. Upon closing of the transaction, High Times will be a publicly traded company.

SEC Calls Hemp Oil Fraud on Public Company

SEC Calls Hemp Oil Fraud on Public Company

On June 15, 2017, the United States Securities and Exchange Commission called hemp oil fraud on a public company, filing a complaint in federal court that claims CV Sciences (OTCQB:CVSI) , formerly known as CannaVEST, and its CEO, Michael Mona, Jr., intentionally overstated the company’s total assets.

LSU Medical Marijuana Program Wants Contract Awarded to Public Company

LSU Medical Marijuana Program Wants Contract Awarded to Public Company

Louisiana State University has reviewed all seven applications submitted by prospective marijuana contractors and has determined that production contract for the LSU medical marijuana program should be awarded to a public company.

Public Company Applies to Grow Medical Cannabis for Louisiana State University

Public Company Applies to Grow Medical Cannabis for Louisiana State University

On April 3, 2017, GB Sciences (OTCQB:GBLX) announced that it had submitted an offer to cultivate, extract, process and produce medical cannabis for Louisiana State University, one of two state-sanctioned medical cannabis cultivators.

Equity

Competitive Compensation: Paying Cannabis Employees with Equity

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.

Amfil

Amfil Technologies Inc. Selected for Inclusion in The Marijuana Index

SAN LUIS OBISPO, Calif., JULY 20, 2015 /Weed Wire/ — AMFIL Technologies, Inc. (OTC Pink: AMFE), provider of custom engineering and integration of ozone based technology for the medical marijuana manufacturing industry through the GROzone line of products, today announced that it has been selected for inclusion in The MJIC Marijuana Index.


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