Tag Archives: Finance

NB retail

Update on Cannabis NB retail locations

FREDERICTON, New Brunswick, Dec. 19, 2017 /Weed Wire/ — The provincial government reported today that, as a result of a tender process, 11 locations for Cannabis NB retail stores have been awarded and tenders for the nine remaining sites have been re-issued.

The New York Stock Exchange is Getting Its First Weed Fund

The New York Stock Exchange Is Getting Its First Weed Fund

A subsidiary of the New York Stock Exchange launches trading on Dec. 26 for its first-ever marijuana fund, a major step for an industry that’s struggled to access mainstream U.S. financial instruments, even as Canadian markets have kicked off marijuana investment.

4 Canadian Marijuana Stocks in Great Financial Health

4 Canadian Marijuana Stocks in Great Financial Health

Identifying companies in great financial health is important when investing in an industry like marijuana. That being said, the Canadian marijuana stocks on our list all have current ratios of at least 10x, and debt to equity ratios under 20%.

Teen Marijuana Use MJICM_MPP-Logo-500px-Web-500x281 House Senate

Delaware House Committee Approves Bill to Regulate and Tax Marijuana Like Alcohol

DOVER, Del., May 10, 2017 /Weed Wire/ — The Delaware House Revenue and Finance Committee approved a bill Wednesday (9-2) that would make marijuana legal for adults and regulate it similarly to alcohol. HB 110, also known as the Delaware Marijuana Control Act, will now be considered by the full House of Representatives.

Are Marijuana Companies Reporting Fictitious Earnings?

Are Marijuana Companies Reporting Fictitious Earnings?

The investing community demands regular performance updates in the form of financial reports. While the need to impress investors is creating pressure for the infant marijuana industry, are the companies fairly reporting performance?

Millionaires are Being Made From Cashing in on This Cannabis Stock

Millionaires Are Being Made From Cashing in on This Pot Stock

Since seeing all the buzz and craze these companies are causing in the marketplace, we’ve been hot on the trail of companies tied to the cannabis sector. The budding marijuana industry has spawned several high flying stocks lately, like Mentor Capital Inc.


First Ever Cannabis Forum for Institutional Investors

LOS ANGELES, Oct. 25, 2016 /Weed Wire/ — With legal marijuana expected to make further inroads this November, MedMen, the nation’s leading cannabis firm, and IMN, a global organizer of institutional finance and investment conferences, announced they will host the country’s first ever cannabis expo for institutional and accredited investors.

Tauriga Sciences

Tauriga Sciences Inc. Secures Requisite Additional Capital to Finance Auditor Engagement Through Completion of First Fiscal Quarter 2017 Audit; Period Ending June 30, 2016

NEW YORK, Aug. 4, 2016 /Weed Wire/ — Tauriga Sciences, Inc. (OTC PINK: TAUG) (“Tauriga” or the “Company”), a diversified life sciences technology Company, today announced that it has secured additional capital from an existing institutional investor in order to finance additional audit and interim reporting related work.

Viridian Capital Advisors Report TheStreet Index and Northsight Capital and MSN and Conde Nast and Virtual Conference

Viridian Capital Advisors Featured in MSN Money Article

NEW YORK, Aug. 19, 2015 /Weed Wire/ — Viridian Capital Advisors was recently featured in MSN Money, discussing the ever-changing financial landscape in the cannabis industry and the continued need for professionalism, banking, and compliance for companies in this budding sector.

MedMen Appoints Chobani Yogurt’s Mike Reifsteck as Chief Financial Officer

LOS ANGELES, Oct. 15, 2014 /PRNewswire/ — MedMen is proud to announce the addition of Michael Reifsteck to their growing team as Chief Financial Officer. Reifsteck joins MedMen with 15 years of CFO experience, getting his start working for “Big 4” accounting firm KPMG, and recently serving as Corporate Controller of Chobani Yogurt.

Kush Bottles Hires Top Financial Pro as New Company CFO

SANTA ANA, Calif., Aug. 14, 2014 /PRNewswire/ — Kush Bottles, North America’s premier supplier of certified child-resistant packaging and compliant bottles for the marijuana industry, announced today the hiring of Chris Martin as the company’s new Chief Financial Officer.