Tag Archives: Securities

Should Investors Avoid Canadian Marijuana Producers With U.S. Assets?

Should Investors Avoid Canadian Marijuana Producers With U.S. Assets?

Should Investors Avoid Canadian Marijuana Producers With U.S. Assets?

TMX Group Ltd. (TSX:X), the operator of the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), has reportedly been speaking with regulators to figure out what will happen to Canadian marijuana producers with assets in the U.S.

If Warren Buffett Were to Buy 1 Marijuana Stock, it Would Be Aphria Inc.

If Warren Buffett Were to Buy 1 Marijuana Stock, it Would Be Aphria Inc.

Warren Buffett is well known as the most successful investor of all time. Buffett spent his formative years under the tutelage of Benjamin Graham, who is known today as the “father of value investing.” Let’s see whether or not Aphria Inc. can pass Buffett’s mentor’s criteriea test.

Colorado Marijuana Business Ordered to Stop Soliciting Investments

Colorado Marijuana Business Ordered to Stop Soliciting Investments

On March 9, 2017, the Colorado Department of Regulatory Agencies announced that Colorado Securities Commissioner Gerald Rome has ordered John W. Long, Jr., of Nederland, as well as his marijuana businesses, Green Farms Consulting and Green Farms Holdings, to cease and desist offering and selling unregistered securities.

MJICM_UCANN

United Cannabis Corporation Enters Licensing Agreement With Vessel Life Science LLC

DENVER, Feb. 23, 2017 /Weed Wire/ — United Cannabis Corporation (OTCQB: CNAB) (the “Company” or “United Cannabis”) today announced that it has signed an exclusive licensing agreement with Vessel Life Sciences (“VLS”) to produce and distribute its products, including the award-winning Prana Bio Nutrient Medicinals, throughout Pennsylvania.

Feds Penalize Medical Marijuana Company for Fraud

Feds Penalize Medical Marijuana Company for Fraud

A federal court in Boston last week entered judgments against a publicly traded company purportedly serving medical marijuana businesses over allegations that it defrauded investors by lying about the company’s true owner.

MassRoots Users Funding Round and Crosses Half a Million Users and NASDAQ

MassRoots Receives $2.0 Million in Proceeds from Warrant Exercise

DENVER, Jan. 11, 2016 /Weed Wire/ — MassRoots, Inc. (OTCQB: MSRT), one of the leading technology platforms for the cannabis industry, is pleased to announce it has received over $2.0 million in cash proceeds from the exercise of warrants so far in 2017.

Supreme Pharma

Supreme Pharmaceuticals Closes $55 Million Offering

TORONTO, Ontario, Dec. 13, 2016 /Weed Wire/ — Supreme Pharmaceuticals Inc. (“Supreme” or the “Company”) (CSE:SL) is pleased to announce the closing of its $50 million bought deal private placement (the “Brokered Offering”) and concurrent $5 million non-brokered private placement (together with the Brokered Offering, the “Offering”) for aggregate gross proceeds of $55 million.

Golden Leaf Holdings DOPE Cup

Golden Leaf Holdings Ltd. Elects Alex Winch to its Board of Directors

TORONTO, Ontario, Oct. 3, 2016 /Weed Wire/ — Golden Leaf Holdings Ltd. (“GLH” or the “Company”) (CSE:GLH)(CSE:GLH.CN), a leading cannabis oil solutions company built around recognized brands, is pleased to announce that Alex Winch has been elected to the Company’s board of directors.

skinvisible

Skinvisible Signs Global Licensing Agreement for Its Cannabis Products

LAS VEGAS, Sept. 15, 2016 /Weed Wire/ — Skinvisible Pharmaceuticals, Inc., (OTCQB: SKVI), developers of patented Invisicare® polymer delivery systems, announces it has licensed the exclusive world rights to its topical and transdermal cannabis products formulated with Invisicare to CannaSkin, LLC, a cannabis product licensing company with international contacts in the medical marijuana industry.

Mettrum

Mettrum Health Corp. Closes $15 Million Bought Deal Offering of Common Shares

TORONTO, Ontario, Aug. 26, 2016 /Weed Wire/ — Mettrum Health Corp. (“Mettrum” or the “Company”), (TSX VENTURE:MT), a vertically integrated provider of cannabis products, is pleased to announce that it has completed its previously announced bought deal offering of 5,661,000 common shares of the Company (the “Shares”), at a price of $2.65 per Share for aggregate gross proceeds of $15,001,650 (the “Offering”).

Mettrum

Mettrum Announces $10 Million Bought Deal Financing

TORONTO, Ontario, Aug. 8, 2016 /Weed Wire/ — Mettrum Health Corp. (“Mettrum” or the “Company”) (TSX VENTURE:MT), a vertically integrated provider of cannabis products, is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc.

SEC Charges 'King Of Pot' With Investment Fraud

SEC Charges ‘King Of Pot’ With Investment Fraud

Federal securities regulators have filed a complaint against Bruce Perlowin that charges the CEO of publicly-traded Hemp Inc of committing a long-running fraud by evading securities registration provisions and selling hundreds of millions of unregistered shares.

Affinor Growers

Affinor Growers Appoints Mr. Rick Easthom to the Board of Directors; Nick Brusatore Resigned

VANCOUVER, June 8, 2016 /Weed Wire/ — Affinor Growers (CSE:AFI)(FRANKFURT:1AF)(OTCQB:RSSFF) (“Affinor” or the “Corporation”), is pleased to announce the appointment of Mr. Rick Easthom as a member of Affinor’s board of directors.

North American Cannabis Holdings suit and acquisition and Americanna

North American Cannabis Holdings Reports $377K YTD Sales with 6% Qtr to Qtr Revenue Growth and 8% Gross Profit Increase

DALLAS, Texas, May 17, 2016 /Weed Wire/ — North American Cannabis Holdings, Inc. (USMJ) today announced filing its quarterly financial report for the period ending March 31, 2016. The Company reports $377,000 YTD sales through its third fiscal quarter.

SEC

SEC Temporarily Suspends Securities Trading of Pineapple Express

On April 28, 2016, the U.S. Securities and Exchange Commission announced the temporary suspension of trading in Pineapple Express (OTC: PNPL) due to unusual market activity in the company’s securities. The suspension started at 9:30 a.m. EDT today and will end at 11:59 p.m. EDT on May 11.

Alert

Colorado Division of Securities Issues Alert on Marijuana Investments

On Nov. 12, 2015, the Colorado Division of Securities issued an investor alert titled, “Are you an Informed Investor? The Next Big Thing.” The alert addressed the popularity of investments in marijuana, binary options and digital currencies.

Lexaria and McKechnie and Financing and Partner Membership Product

Amended: Lexaria Intends to Complete a US $2,520,000 Financing

KELOWNA, B.C., Sept. 18, 2015 /Weed Wire/ — Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) reports its intention to complete a non-brokered private placement financing, consisting of 14,000,000 Equity Units at US$0.18 per unit, to raise gross proceeds of up to US $2,520,000 (the “Private Placement”).

OTC Markets

OTC Markets Group Welcomes Terra Tech to OTCQX

NEW YORK, Sept. 16, 2015 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced Terra Tech Corp. (OTCQX: TRTC), a company specializing in controlled environment agricultural technologies, has qualified to trade on the OTCQX® Best Market.

Crowdfunding

Crowdfunding for Marijuana Startups

In a non-cannabis industry an entrepreneur might simply go to the bank for financing, but not so in the marijuana world. Few lenders are ready to do business with a startup whose status is still questionable under federal law. Is crowdfunding an option?


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