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Why Marijuana Stocks Aren't Worth Your Money

Why Marijuana Stocks Aren’t Worth Your Money

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

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.

Ohio Awards $1 Million Contract for Medical Marijuana Help Line

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.

Here's How U.S. Marijuana Prices Range From Coast to Coast

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.

Licensed Marijuana Producer Aphria Signs Deal to Buy Nuuvera

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

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 Firm

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

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

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.

New Mexico Medical Cannabis Enrollment Reaches 46,645 By Year End

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.

Aphria Bets C$10 Mln on Canada's Recreational Marijuana Market

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.

Aurora Cannabis Opposes CanniMed's Bid for Newstrike Resources

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.

Cam Battley: CanniMed Shareholders Should Tender Their Shares to Aurora

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.

Canada’s Aurora Cannabis Boosts Stake in Australia-Based Cann Group

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.

Marijuana Advent Calendar Sales Soar Despite Health Warnings

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.

Can Any Other Cannabis Stock Measure Up to Canopy Growth Right Now?

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.

Al Harrington and David Stern Talk Medical Marijuana

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

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

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

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 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?

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.

3 Ways to Avoid Marijuana Stock Investment Scams

3 Ways to Avoid Marijuana Stock Investment Scams

Legal pot sales rose a stunning 34% in 2016 to $6.7 billion across North America, according to Arcview Market Research. But with growth this rapid, there’s bound to be more than a few marijuana stock investments that will be left behind.

Pot Investors: This Mistake Cost a Growth Company 35% of its Stock Price!

Pot Investors: This Mistake Cost a Growth Company 35% of its Stock Price!

Marijuana companies should be careful in overselling how much growth will be achieved or what the prospects will look like for the industry. There is a recent example that cannabis investors would be wise to review, and that’s what happened with Freshii Inc..


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