AUCKLAND, N.Z., Dec. 18, 2017 /Weed Wire/ — Companies involved in the recreational cannabis industry have been excluded from the $37 billion NZ Super Fund. The exclusion does not include companies involved with licensed and authorised medicinal cannabis.
Tag Archives: Assets
The U.S. Department of Justice is issuing another reminder that marijuana businesses don’t have a right to bankruptcy proceedings.
Despite strong opposition from former White House Press Secretary Sean Spicer and Attorney General Jeff Sessions, and the overall limitations imposed by federal illegality in the U.S., 2017 is shaping up to be a great year for the North American cannabis industry.
Marijuana stock investors are going to have to keep their eyes on the following two critical data points for each and every marijuana stock they’re considering buying, or that they already own.
Canopy Growth Corp. (TSX:WEED) was the first cannabis stock to the market and quickly captured the attention of traders and risk-taking growth investors alike. As a result, shares of Canopy skyrocketed 300% in a span of just a few months last year.
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.
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.
WASHINGTON, June 16, 2017 /Weed Wire/ — The Securities and Exchange Commission filed fraud charges against a Las Vegas-based hemp oil company and its CEO for inflating the company’s assets on its balance sheet.
On Nov. 21, 2016, Kaya Holdings (OTCQB:KAYS), whose subsidiary Kaya Shack opened its first cannabis dispensary in Portland, Oregon, in 2014, announced that it had filed its third quarterly report of 2016, reporting a 700% year-over-year revenue increase.
LOS ANGELES, Dec. 21, 2015 /Weed Wire/ — Pineapple Express, Inc. (OTCPink: PNPL) (the “Company”), a publicly traded company that offers cannabis industry consulting, technology, investments, turn-key property rentals, and branding concepts to businesses in the legal cannabis industry, announced today that it will acquire the business and assets of THC Industries, Inc. (“THC”).
Weekly CannaBit for the week of August 17, 2015: Since 2009, the number of plants eradicated by the DEA has fallen by nearly 60%, from 10.4 million to 4.3 million in 2014.
BOULDER, Colorado, August 17, 2015 /PRNewswire/ — Surna Inc. (OTCQB: SRNA), a technology company that engineers state-of-the art equipment for controlled environment agriculture (“CEA”) with special expertise in cannabis cultivation, has announced financial results for the three and six months ended June 30, 2015.
Entrepreneurs don’t always know what qualifies as a fungible asset. And they’re not aware that many emerging businesses can gain access to finance fairly easily if their business has the right components.
BOULDER, Colo., Jun. 25, 2015 /PRNewswire/ — Surna, Inc. (OTCQB: SRNA), a technology company that engineers state-of-the art equipment for controlled environment agriculture (“CEA”) with special expertise in cannabis cultivation, announced today they had reached an Agreement with Kind Agrisoft, LLC.
On Friday, January 16, the Department of Justice announced that it would limit the practice of federal adoption of assets seized by state and local law enforcement agencies, or “adoption” for short.
3 Lids Consulting provides real estate services for dispensary buyers and sellers, evaluates properties and provides valuation on all property listings.