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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Nasdaq to Get First Pot Listing
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.
Hershey’s Renews Trademark Battles With Cannabis Businesses
Cannabis businesses, beware: The Hershey Co. is on the warpath. Perhaps the most famous confectionery peddler in the world has a well-documented history of actively protecting its trademarks, and the marijuana industry is no exception.
Why Marijuana Stocks Aren’t Worth Your Money
Legalized marijuana has a lot of investors having visions of lots of green. With legalization sweeping across the states, it seems to be a great time to invest in marijuana stocks. Unfortunately, it’s not.
NM Medical Cannabis Enrollment Up Nearly 50 Percent
ALBUQUERQUE, Feb. 8, 2018 /Weed Wire/ — New Mexico’s Medical Cannabis Program ended January 2018 with 47,840 enrolled patients according to the New Mexico Department of Health report, a 49 percent increase over the same month in 2017.
5 Things You’ll Want to Know From the World’s Biggest Marijuana Biotech
Anticipation is building for GW Pharmaceuticals (NASDAQ:GWPH) as the biotech prepares to hopefully launch its first product in the U.S. in 2018.
Ohio Awards $1 Million Contract for Medical Marijuana Help Line
State regulators awarded a $1 million, three-year contract this week to a New Jersey-based company to operate a toll-free help line for patients, caregivers and doctors accessing Ohio’s new medical marijuana program.
Canada Cannabis Firm Aphria Mulls Sale of U.S. Unit
Canadian cannabis company Aphria Inc said on Thursday it was exploring strategic alternatives, including a sale, for its U.S. business, amid tightening enforcement of federal cannabis laws in the country.
Here’s How U.S. Marijuana Prices Range From Coast to Coast
Not only do the rules for marijuana consumption vary from state to state, but so do the prices. From coast to coast, marijuana prices in the United States range from just over $7 in the west to nearly $18 in the east.
Willie Nelson’s Pot Brand Raises $12 Million to Fund Expansion
Celebrities who flaunted their pot smoking for decades when it was taboo are now cashing in on the legal cannabis boom.
AutoNation Just Decided to Stop Caring About Pot Smoking
The largest U.S. auto-dealer chain has lightened up on lighting up. AutoNation Inc. no longer refuses to hire job applicants who test positive for marijuana in drug screenings.
Licensed Marijuana Producer Aphria Signs Deal to Buy Nuuvera
Licensed marijuana producer Aphria Inc. announced an agreement Monday to buy medical cannabis firm Nuuvera Inc. in a cash-and-stock deal that it says values the company at $826 million.
U.S. Private Equity Firm Raises More Than $100 Mln for Cannabis Investments
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.
Marijuana Sales Prompt New Business for Tech Firms
This month California became the largest U.S. state to sell recreational marijuana. As sellers pop up all over America, business opportunities are also developing.
Florida tech firm Spring Big builds customer loyalty program software for pot shops, many in California.
Pot for Pups: Hemp Dog-Treat Maker Expands to Medical Marijuana
A Canadian dog-treat maker wants to produce a different kind of munchie. True Leaf Medicine International Ltd., a small firm that currently produces hemp-based dog chews, is expanding into the nation’s fast-emerging marijuana industry.
What the Marijuana Genome Map Means for the Future of Pot
The fledgling cannabis industry is full of wide-eyed claims about what pot can do. Outperform your favorite energy drink? Maybe. Cure cancer? Worth a try. The biggest believers and entrepreneurs make the plant sound almost magical.
Cannabis Could Be the Most Profitable Ingredient in Skincare
Lord Jones co-founder Cindy Capobianco describes her luxury cannabis-infused product business in much the same manner as any maker of a prestige natural skincare brand.
New Mexico Medical Cannabis Enrollment Reaches 46,645 By Year End
ALBUQUERQUE, Jan 5., 2018 /Weed Wire/ — Patient enrollment in New Mexico’s Medical Cannabis Program hit 46,645 as of December 31, 2017, finishing the year with a 61 percent increase over the January 1, 2017 cardholder numbers. The New Mexico medical program appears to be growing at nearly twice the pace of neighboring Arizona.
Canadian Firm Unveils Plans for Large Hemp Farm in Northern Maine
A Canadian company plans to launch a large, industrial hemp operation in northern Maine this year in the latest sign of burgeoning interest in the versatile yet tightly regulated crop.
This Little Canadian Town Has Become the Nation’s Pot Capital
All it took was a little marijuana to lift this Canadian town’s spirits. Smiths Falls, Ontario is seeing a revival of fortunes since medical marijuana producer Tweed Inc. set up shop four years ago in an abandoned Hershey Co. chocolate factory.
Aphria Bets C$10 Mln on Canada’s Recreational Marijuana Market
Medical marijuana maker Aphria Inc said on Thursday it would invest C$10 million ($7.80 million) in the proposed combination of two recreational marijuana companies to expand its presence in the sector.
A San Diego Marijuana Company Advising Residents on Home Grows
A San Diego marijuana company is offering up advice to local residents who are looking to properly grow their own marijuana.
Canopy Growth Forms JV for Greenhouse-Grown Cannabis
Canada’s Canopy Growth Corp said it would form a joint venture with privately owned Canopy Rivers Corp and Quebec-based tomato producer Les Serres Stéphane Bertrand to grow cannabis in a tomato greenhouse.
Is the Cannabis Industry Repeating Silicon Valley’s Worst Mistakes?
One oft-cited statistic about the cannabis space claims that women hold 36% of leadership positions in the industry, higher than the 22% average across all U.S. businesses.
Aurora Cannabis Opposes CanniMed’s Bid for Newstrike Resources
Medical marijuana company Aurora Cannabis Inc said on Monday its acquisition-target CanniMed Therapeutics Inc’s plan to buy smaller rival Newstrike Resources Ltd was a “terrible deal” for CanniMed shareholders.
Marijuana-Infused Wine Is Coming to Legal Weed States
You like wine. You like weed. But how do you feel about weed wine? As perplexing as that might sound, it’s actually something adults living in legal marijuana states will be able to sip on.
Company Ditches Plan to Build $20M Medical Marijuana Facility in MI
TheraCann USA Benchmark has abandoned plans to build a $20 million medical marijuana facility in Kingsley. Richard Goodman, president of TheraCann USA, confirmed the decision on Wednesday, Dec. 13.
Cam Battley: CanniMed Shareholders Should Tender Their Shares to Aurora
Aurora Cannabis has launched the first ever “hostile” takeover of another ACMPR Licensed Producer of Medical Marijuana. Executive Vice President Cam Battley lays out the case for why CanniMed shareholders should tender their shares to the Aurora bid.
Marijuana Point-of-Sale Technology Designed to Ensure Owner Compliance
Medicinal marijuana stores are finally beginning to open after Maryland legalized the substance in 2013, and a California-based company is helping make that transition smoother.
Canada’s Aurora Cannabis Boosts Stake in Australia-Based Cann Group
Canada’s Aurora Cannabis Inc (ACB.TO) said on Monday it increased its stake in Australia-based Cann Group Ltd (CAN.AX) to 22.9 percent from 19.9 percent, its latest move to expand in the cannabis industry.
The Biggest Opportunity Yet to Buy Canopy Growth Corp. Starts Now
Over the past year, investors have been anxiously following the progression of marijuana stocks such as Canopy Growth Corp, which offer the promise of significant growth from the new, emerging segment of the economy.
Marijuana Advent Calendar Sales Soar Despite Health Warnings
A Vancouver cannabis company is scrambling to keep up with a flood of orders for marijuana-filled advent calendars, but the novel take on a popular Christmas tradition has some health experts ringing alarms.
MassRoots Accuses Founder of Serious Misconduct, Files Suit
Barely a month after being ousted as head of the cannabis social network he launched in 2013, MassRoots founder Isaac Dietrich is now being sued by his former company, which alleges he stole more than $250,000 from the business.
Medical Marijuana Company Plans Cyber Monday Deal in New York
A medical marijuana company in New York is looking to start the holiday shopping season off on a high note with a Cyber Monday deal on weed.
Say Hello to the Very First Marijuana ETF You Can Buy in the U.S.
Say hello to the very first marijuana ETF for the U.S. As reported by CNBC, on Oct. 27, ETF Managers Group filed for a new ETF, the Alternative Agroscience ETF.
The World’s Largest Marijuana Stock Has Investors Seeing Green
Not surprisingly, Canadian pot stocks have been the top performers of late, with Canopy Growth Corp. (NASDAQOTH:TWMJF), the now-largest marijuana stock in the world by market cap, leading the charge.
Aurora Cannabis Makes Proposal to Acquire Rival Company CanniMed
Vancouver-based Aurora Cannabis Inc. said Tuesday that it has made an all-share offer for CanniMed Therapeutics Inc., a fellow Canadian medical marijuana company.
IBM Touts Blockchain to Track Pot Industry From ‘Seed to Sale’
IBM Corp., one of the bluest of U.S. blue-chip companies, is touting blockchain as the supply-management tool of choice for an unusual industry — cannabis.
How Smart Weed Could Make Pot the Go-To Painkiller
Making it easier to calibrate the correct dose of medical marijuana may prompt more physicians to prescribe it as an alternative to a painkiller such as opioids, according to one Canadian company.
Can Any Other Cannabis Stock Measure Up to Canopy Growth?
Shares of Canopy Growth Corp. (TSX:WEED) have climbed a stunning 53.8% month over month as of close on November 1. With all of this in mind, has Canopy established itself as the premier cannabis stock for Canadians?
First Commercial Insurer to File Cannabis Business Insurance is Approved by Insurance Commissioner
Cannabis businesses licensed by the State of California may now purchase commercial insurance coverage from an admitted commercial insurance company. Insurance Commissioner Dave Jones has approved the filing of the first admitted commercial insurance company to file cannabis business insurance, so that the insurer can begin writing policies and offering coverage for cannabis business owners.
Tech Company Looks to Make Marijuana Dispensaries Safer
A new tech company has set it sight on making the growing marijuana industry safer. The main goal is to reduce the amount of cash transactions.
Why Auscann Group Holdings Ltd Shares Rocketed 27% Higher
The Auscann Group Holdings Ltd (ASX: AC8) share price had a day to remember on Tuesday. At one stage the medicinal cannabis company’s shares were up as much as 27% before finishing the day 23.5% higher at 52.5 cents.
The Double Whammy That Sent Marijuana Stock Insys Therapeutics Crashing
Shares of Insys Therapeutics, a small-cap biotech with a focus on pain management, plunged as much as 30% on Wednesday after receiving a double whammy.
Al Harrington and David Stern Talk Medical Marijuana
Retired NBA player Al Harrington takes us behind the doors of his cannabis extract company, then sits down with former NBA commissioner David Stern to discuss marijuana reformation for medical purposes within the league.
Investing in Legal Cannabis: Navigating the Newest Frontier Market
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.
Making the Case for Cannabis as an Ethical Investment
The high-growth industry certainly offers terrific prospects that would be envied by many tech stocks. However, a big hurdle for some investors is investing in “sin stocks,” or what could be perceived as unethical industries and businesses.
Eventbrite Is Pulling Some Cannabis Events From Its Site
For the past two years, Michael Zaytsev has sold tickets to the New York Cannabis Film Festival on Eventbrite. But this year, Eventbrite abruptly pulled the event from its platform and suspended Zaytsev’s account.
Shares of Canada’s Aphria Slump as Marijuana Faces Regulatory Risk
Shares of Canadian marijuana company Aphria Inc sank on Tuesday, after the operator of the Toronto Stock Exchange said cannabis companies with U.S. interests would come under heightened scrutiny and could be delisted.
Has This Top Marijuana Stock Weathered a Serious Storm?
The stock of MedReleaf Corp. has recently outperformed those of other top marijuana stock players in Canada, and there could be further price gains going forward after the recently listed cannabis firm has found its footing and stopped the earlier quarterly revenue declines.