For all that’s worked in favor of marijuana stocks in recent years, there are plenty of risks. Some of these risks, such as profitability eluding most pot stocks, are readily apparent.
Tag Archives: investment
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.
Aurora, Canopy Stock Get a Required Boost with Sweden Marijuana Interest
Two of the top 10 most-traded shares in Sweden in January 2018 were Canada marijuana stocks, adding further proof that the marijuana market is growing more global with each passing day.
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.
Cannabis Lifestyle Brand Jane West Launches Equity Crowdfunding Campaign
DENVER, Jan. 30, 2018 /Weed Wire/ — Jane West, the eponymous lifestyle brand from the woman leading marijuana’s shift into mainstream culture, today launched its first equity crowdfunding campaign. The company is seeking $1.07 million in funding by April 20, 2018.
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.
Canada’s Small Financial Firms Get Buzz From Weed Stocks
Investors are betting Canada’s smaller financial firms could see a jump in revenues after they helped fund marijuana companies ahead of the country’s planned legalization of the drug this year.
New Junior Marijuana ETF Offers Exposure to U.S. Businesses
A Canadian firm is launching an exchange-traded fund that gives investors exposure to the U.S. recreational marijuana market — a sector that’s been largely avoided by other ETFs because of legal uncertainties.
Canadian Marijuana Producers End Rally as U.S. Set to Tighten Enforcement
Canadian cannabis stocks fell on Thursday after the U.S. government said it would resume enforcement of federal laws banning marijuana in states that had legalized pot, disrupting a seven-day rally that boosted shares to record highs.
Pot Stocks Soar as California Gets Ready to Get High
Marijuana companies are higher than ever as California rolls toward recreational legalization. The BI Canada Cannabis Competitive Peers index is having its best day ever as Californians prepare to light up, or eat up, marijuana products starting Jan. 1 at 12 a.m.
Canadian Regulators Ask CanniMed to Abandon Rights Plan
Medical marijuana maker CanniMed Therapeutics Inc (CMED.TO) should withdraw a shareholder rights plan adopted to fend off a hostile bid from larger rival Aurora Cannibis Inc ABC.TO, two Canadian regulators have ruled.
3 Top Marijuana Stocks to Buy Now — Plus 2 Bonus Ideas
Here’s why the marijuana market is so intriguing, how big the opportunity could be, and why these stocks are top stocks to own.
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 Index Gains on Strength of Canadian Cannabis Stocks
A healthy day of trading for Canadian cannabis stocks led the North American Marijuana Index to gain several points over Monday’s 169.07 close.
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.
How to Buy Marijuana Stocks Quickly and Easily With This New Fund
The first U.S. exchange-traded fund, ETF, to focus on marijuana stocks is launching Dec. 26 — days before California legalizes recreational cannabis use on January 1.
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.
Toronto-Based Trellis Raises $2.5 Million From Snoop Dogg’s Venture Firm
Toronto-based Trellis, which provides cannabis inventory management software, has raised $2.5 million led by Casa Verde Capital.
2 Metrics All Cannabis Stock Investors Need to Know
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.
Zelda Announces Priority Share Offer for CannPal Animal Therapeutics IPO Shares
The Board of Zelda Therapeutics Ltd is pleased to announce that its shareholders are invited to participate as a priority applicant in the prospectus capital raising of CannPal Animal Therapeutics Limited (CannPal) lodged with the ASIC.
Canada’s TMX Asks Regulators for Rules for U.S.-Linked Pot Stocks
Canada’s TMX Group Ltd (X.TO) is seeking guidance from the country’s securities regulators, it said on Thursday, as it weighs how to deal with marijuana companies listed in Canada with interests in the United States, where the business remains federally illegal.
Dewmar International BMC, Inc. (DEWM) Announces Investment in New West Genetics, Better Than Expected Progress on the Genetic Engineering of the Hemp Plant
NEW ORLEANS, Aug. 11, 2017 /Weed Wire/ — Dewmar International BMC, Inc. (the “Company”) (OTC PINK: DEWM) today discussed its investment in New West Genetics (“New West”) and the phenomenal progress that has been achieved in only the past year.
Cal Can Biz Expo Interview: MJIC’s Urban Smedeby
In this Cal Can Biz Expo interview, watch Kristen Fox, Editor-in-Chief of MJINews.com and Marijuana Industry News magazine, interview Urban Smedeby, Managing Director of MJIC.
John Morgan Prepared to Invest $100M in Florida’s Medical Marijuana Industry
Orlando trial lawyer and Amendment 2 financier John Morgan is prepared to invest $100 million in Florida’s medical marijuana industry.
StarGreen Capital Will Invest $100 million Over the Next Year to Support Entrepreneurs in California’s Legal Medical and Recreational Cannabis Industries
BEVERLY HILLS, Calif., May 23, 2017 /Weed Wire/ — StarGreen Capital announced today its plans to invest $100 million over the next year in California’s legal medical and recreational cannabis industries.
Former BlackRock Executive Joins Leading Cannabis Firm
LOS ANGELES, April 26, 2017 /Weed Wire/ — Chris Leavy has spoken on behalf of powerhouses like BlackRock and been named “Top 100 Fund Manager” by Barron’s. So what does an accomplished Wall Street asset manager see in the cannabis industry? In one word, opportunity.
Judges in California Advised Not to Invest in Legal Marijuana
On April 19, 2017, the California Supreme Court Committee on Judicial Ethics Opinions advised judges in California that holding a financial interest in any marijuana-related venture, whether medical or recreational, would violate the California Code of Judicial Ethics.
Poll: Majority of Americans Support Medical Marijuana Legalization
On April 17, 2017, “Weed & the American Family,” a poll conducted by The Marist College Institute for Public Opinion and Yahoo News, revealed data points on Americans’ perspectives regarding legalization, the evolution of social norms and how marijuana affects relationships.
Aphria Launches US Expansion Strategy
LEAMINGTON, Ontario, April 4, 2017 /Weed Wire/ – Aphria Inc. (“Aphria” or the “Company”) (TSX:APH)(OTCQB:APHQF) is pleased to announce the launch of its US expansion strategy through a strategic lead investment in an entity to be renamed Liberty Health Sciences Inc. (“Liberty”) that will operate in the United States under the brand “Aphria USA”.
MJIC, Inc. Appoints New Chief Executive Officer
LOS ANGELES, March 28, 2017 /Weed Wire/ — MJIC, Inc., a leader in the California legal cannabis industry, has announced the appointment of Sturges Karban as its new Chief Executive Officer (CEO), effective January 27, 2017.
Aphria Strengthens US Investment Platform, Increases Position in Copperstate Farms Investors to 18.5%
LEAMINGTON, Ontario, March 27, 2017 /Weed Wire/ — Aphria Inc. (“Aphria” or the “Company”) (TSX:APH)(OTCQB:APHQF), through its subsidiary Aphria (Arizona) Inc., is pleased to announce that it made an additional investment of $3 million (USD) in Copperstate Farms Investors, LLC (“Investors”).
Why Wasn’t Insys Therapeutics’ Bounce Bigger?
Insys Therapeutics’ stock rose on good news — but not tremendously so.
Israel Looks to Leverage Tech in $50 Billion MMJ Market
Israel, a leader in marijuana research and health technology, is attracting international investment as it tries to position itself as a cutting-edge exporter in the rapidly-growing market for medical-grade cannabis.
THC Announces $10,000,000 Capital Commitment
VANCOUVER, British Columbia, March 16, 2017 /Weed Wire/ — THC BioMed Intl Ltd. (“THC” or the “Company”) (CSE:THC) announces that it has entered into a capital commitment agreement (the “Capital Commitment”) with GEM Global Yield Fund LLC SCS (“GEM”) for a $10 million Capital Commitment from GEM to invest into THC.
The University of Oxford and Kingsley Capital Partners Announce Ground Breaking Cannabinoid Biomedicine Research Programme
OXFORD, England, March 15, 2017 /Weed Wire/ — Oxford University (“Oxford”) and Kingsley Capital Partners (“Kingsley”) today announce the launch of a pioneering research programme to investigate the role of cannabinoids in biology and medicine.
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.
Alternate Health Corp. Announces Closing of a CAD $7.5M Non-Brokered Private Placement
PLANO, Texas, March 13, 2017 /Weed Wire/ — Alternate Health Corp. (CSE:AHG, OTC:ATEHF) (the “Company”) is pleased to announce that it closed on March 6, 2017, a non-brokered private placement with gross proceeds of CAD$7,569,055 less finder’s fees of CAD$259,330.50.
Tech Sector Fertile Ground for Cannabis Funding
LOS ANGELES, March 13, 2017 /Weed Wire/ — As cannabis replaces tech as the fastest growing industry in the U.S., legal marijuana is getting a big boost from tech’s past success.
Nederland Marijuana Business Ordered to Cease All Investment Solicitations
DENVER, March 9, 2017 /Weed Wire/ — Colorado Securities Commissioner Gerald Rome has issued a cease and desist order to John W. Long, Jr. of Nederland along with his businesses, Green Farms Consulting, LLC and Green Farms Holdings, LLC, for the unauthorized solicitation of investment funds by an unlicensed representative for a marijuana business.
What Caused This Marijuana Stock to Soar 27% in February?
Insys Therapeutics announced a compassionate-use program for its cannabis-based epilepsy drug, igniting optimism that the company is continuing to develop marijuana medicine.
Marijuana Helped the World’s Top Hedge Fund Gain 145%
Bets on marijuana companies helped an Australian manager soar 145 percent last year to become the world’s best-performing hedge fund.
Medical Marijuana Inc Fails to Delight Investors
In the last trading session, the stock price of Medical Marijuana Inc (OTCMKTS:MJNA) declined more than 8% to close the day at $0.112. The decline came at a share volume of 24.74 million compared to average share volume of 17.32 million.
How Do We Measure the Statistical Significance of Legal Cannabis?
Advocates, investors and entrepreneurs believe that the profile of marijuana users will change now that cannabis is legal. They all have one thing in common — wanting to make money from the new cannabis consumer.
Canadian Marijuana Stocks Tumble As White House Talks Crackdown
Shares of Canadian and U.S. marijuana producers fell Friday after the Trump administration suggested a crackdown on recreational marijuana may be in the works.
Why These Pot Stocks Smoked the ASX Today
It certainly has been a great day for pot stocks on the ASX. This morning Federal Health Minister Greg Hunt announced that the government would allow medical marijuana companies to distribute cannabis oils and medications in Australia within the next couple of months.
MedMen Acquires New York Medical Marijuana Company
LOS ANGELES, Feb. 2, 2017 /Weed Wire/ — MedMen, a Los Angeles-based cannabis management and investment firm, announced today that it has acquired Bloomfield Industries, Inc., one of only five Registered Organizations licensed to operate a medical marijuana business in the State of New York.
Frerichs Seeks Commonsense Change to Protect Medical Marijuana Patients
SPRINGFIELD, Ill., Jan. 24, 2017 /Weed Wire/ — The availability of medical marijuana in Illinois is in jeopardy depending upon how the President Donald Trump administration approaches the enforcement of marijuana and banking laws, Illinois State Treasurer Michael Frerichs said today.
Cannabis Retail Evolving as Industry Goes Mainstream
LOS ANGELES, Jan. 20, 2017 /Weed Wire/ — “On a bustling stretch of Santa Monica Boulevard lined by vintage stores and eateries, the MedMen shop looks right at home,” the Los Angeles Times proclaimed in a front-page article this week headlined “For Pot Shops, a Whiff of Luxury.”
Canopy Growth Corp.: When Should You Buy This Stock?
Canopy Growth Corp. (TSX:CGC) has been on a wild ride in recent months, and investors who think the name has long-term potential are trying to decided when they should buy.
Safety in Numbers Drives Canopy Growth Corp. Higher
U.S. estimates by investment bank Cowen and Company suggest cannabis sales will increase at a compound annual growth rate of 23% over the next decade to US$50 billion. In Canada, it’s estimated that 5.2 million Canadians will consume legalized pot annually by 2021.