TORONTO, Ontario, Jan. 16, 2018 /Weed Wire/ – On October 16, 2017, the CSA published Staff Notice 51-352 Issuers with U.S. Marijuana-Related Activities.
Tag Archives: Securities
Should Investors Avoid Canadian Marijuana Producers With U.S. Assets?
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.
If Warren Buffett Were to Buy 1 Marijuana Stock, it Would Be Aphria Inc.
Warren Buffett is well known as the most successful investor of all time. Buffett spent his formative years under the tutelage of Benjamin Graham, who is known today as the “father of value investing.” Let’s see whether or not Aphria Inc. can pass Buffett’s mentor’s criteriea test.
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.
United Cannabis Corporation Enters Licensing Agreement With Vessel Life Science LLC
DENVER, Feb. 23, 2017 /Weed Wire/ — United Cannabis Corporation (OTCQB: CNAB) (the “Company” or “United Cannabis”) today announced that it has signed an exclusive licensing agreement with Vessel Life Sciences (“VLS”) to produce and distribute its products, including the award-winning Prana Bio Nutrient Medicinals, throughout Pennsylvania.
Feds Penalize Medical Marijuana Company for Fraud
A federal court in Boston last week entered judgments against a publicly traded company purportedly serving medical marijuana businesses over allegations that it defrauded investors by lying about the company’s true owner.
MassRoots Receives $2.0 Million in Proceeds from Warrant Exercise
DENVER, Jan. 11, 2016 /Weed Wire/ — MassRoots, Inc. (OTCQB: MSRT), one of the leading technology platforms for the cannabis industry, is pleased to announce it has received over $2.0 million in cash proceeds from the exercise of warrants so far in 2017.
Lexaria Receives US$33,029.25 from Exercise of Options and Warrants
KELOWNA, British Columbia, Jan. 10, 2017 /Weed Wire/ — Lexaria Bioscience Corp. (OTCQB:LXRP) (CSE:LXX) (the “Company” or “Lexaria”) announces it has received US$33,029.25 from the exercise of stock options and warrants previously granted.
Supreme Pharmaceuticals Closes $55 Million Offering
TORONTO, Ontario, Dec. 13, 2016 /Weed Wire/ — Supreme Pharmaceuticals Inc. (“Supreme” or the “Company”) (CSE:SL) is pleased to announce the closing of its $50 million bought deal private placement (the “Brokered Offering”) and concurrent $5 million non-brokered private placement (together with the Brokered Offering, the “Offering”) for aggregate gross proceeds of $55 million.
Lexaria Offers Warrant Holders Early Exercise Incentive
KELOWNA, British Columbia, Oct. 27, 2016 /Weed Wire/ — Lexaria Bioscience Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) has received approval to offer existing warrant holders an incentive to exercise existing warrants early.
Golden Leaf Holdings Ltd. Elects Alex Winch to its Board of Directors
TORONTO, Ontario, Oct. 3, 2016 /Weed Wire/ — Golden Leaf Holdings Ltd. (“GLH” or the “Company”) (CSE:GLH)(CSE:GLH.CN), a leading cannabis oil solutions company built around recognized brands, is pleased to announce that Alex Winch has been elected to the Company’s board of directors.
Skinvisible Signs Global Licensing Agreement for Its Cannabis Products
LAS VEGAS, Sept. 15, 2016 /Weed Wire/ — Skinvisible Pharmaceuticals, Inc., (OTCQB: SKVI), developers of patented Invisicare® polymer delivery systems, announces it has licensed the exclusive world rights to its topical and transdermal cannabis products formulated with Invisicare to CannaSkin, LLC, a cannabis product licensing company with international contacts in the medical marijuana industry.
Mettrum Health Corp. Closes $15 Million Bought Deal Offering of Common Shares
TORONTO, Ontario, Aug. 26, 2016 /Weed Wire/ — Mettrum Health Corp. (“Mettrum” or the “Company”), (TSX VENTURE:MT), a vertically integrated provider of cannabis products, is pleased to announce that it has completed its previously announced bought deal offering of 5,661,000 common shares of the Company (the “Shares”), at a price of $2.65 per Share for aggregate gross proceeds of $15,001,650 (the “Offering”).
Mettrum Announces $10 Million Bought Deal Financing
TORONTO, Ontario, Aug. 8, 2016 /Weed Wire/ — Mettrum Health Corp. (“Mettrum” or the “Company”) (TSX VENTURE:MT), a vertically integrated provider of cannabis products, is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc.
Mentor Capital Awarded $1.5 Million from Bhang Corporation
SAN DIEGO, July 19, 2016 /Weed Wire/ — Mentor Capital, Inc. (OTCQB: MNTR) announced that it has been awarded $1,500,000 plus approximately $375,000 in interest from Bhang Corporation
SEC Charges ‘King Of Pot’ With Investment Fraud
Federal securities regulators have filed a complaint against Bruce Perlowin that charges the CEO of publicly-traded Hemp Inc of committing a long-running fraud by evading securities registration provisions and selling hundreds of millions of unregistered shares.
Affinor Growers Appoints Mr. Rick Easthom to the Board of Directors; Nick Brusatore Resigned
VANCOUVER, June 8, 2016 /Weed Wire/ — Affinor Growers (CSE:AFI)(FRANKFURT:1AF)(OTCQB:RSSFF) (“Affinor” or the “Corporation”), is pleased to announce the appointment of Mr. Rick Easthom as a member of Affinor’s board of directors.
North American Cannabis Holdings Reports $377K YTD Sales with 6% Qtr to Qtr Revenue Growth and 8% Gross Profit Increase
DALLAS, Texas, May 17, 2016 /Weed Wire/ — North American Cannabis Holdings, Inc. (USMJ) today announced filing its quarterly financial report for the period ending March 31, 2016. The Company reports $377,000 YTD sales through its third fiscal quarter.
Mettrum Health Corp. Closes $8.625 Million Bought Deal Offering of Common Shares
TORONTO, Ontario, May 10, 2016 /Weed Wire/ — Mettrum Health Corp. announced that it has completed its previously announced bought deal offering of 5,750,000 common shares of the Company.
SEC Temporarily Suspends Securities Trading of Pineapple Express
On April 28, 2016, the U.S. Securities and Exchange Commission announced the temporary suspension of trading in Pineapple Express (OTC: PNPL) due to unusual market activity in the company’s securities. The suspension started at 9:30 a.m. EDT today and will end at 11:59 p.m. EDT on May 11.
City of Tempe Grants American Green Client Zoning Approval to Open a Medical Marijuana Dispensary
TEMPE, Ariz., Dec. 29, 2015 /Marketwired/ — American Green, Inc. (OTC PINK: ERBB) today announced that American Green’s client has received zoning clearance from the City of Tempe for a medical marijuana dispensary.
MassRoots Generates 35 Million App Screen Views in 30 Days, Releases New Corporate Overview Deck
DENVER, Dec. 10, 2015 /Weed Wire/ — Today MassRoots announced that from November 14 to December 13, 2015, MassRoots generated 35.3 million app screen views, defined as a user loading a new page within the MassRoots application.
Wildflower To Conduct Medical Research
VANCOUVER, British Columbia, Dec. 9, 2015 /Weed Wire/ — Wildflower Marijuana Inc. has entered an agreement with Biologic Nutrigenomics Research Corporation to conduct medical research on Wildflower’s products and to assist in new product development.
MyDX - How a Handheld Chemical Analyzer Would Allow Consumers to Regain Control Over Their Food, Air and Water Quality
NEW YORK, Dec. 9, 2015 /Weed Wire/ — What about MyDx, Inc. (OTCQB:MYDX) led investors to invest $7 million this year into the company’s plan to manufacture and sell home chemical analyzers?
Wildflower Enters US Market with New Vaporizer Technology
VANCOUVER, British Columbia, Dec. 9, 2015 /Weed Wire/ — Wildflower Marijuana Inc. (CSE: SUN) has entered into an agreement to replace the previously announced Master Distribution Agreement.
MoneyTV with Donald Baillargeon, 12/4
LOS ANGELES, Dec. 4, 2015 /Weed Wire/ — $20 trillion debt, optimized fuel technology, event management, torrents, cannabis, fuel cells, data centers, brain controlled computers, solar; this week on MoneyTV with Donald Baillargeon.
Colorado Division of Securities Issues Alert on Marijuana Investments
On Nov. 12, 2015, the Colorado Division of Securities issued an investor alert titled, “Are you an Informed Investor? The Next Big Thing.” The alert addressed the popularity of investments in marijuana, binary options and digital currencies.
Amended: Lexaria Intends to Complete a US $2,520,000 Financing
KELOWNA, B.C., Sept. 18, 2015 /Weed Wire/ — Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) reports its intention to complete a non-brokered private placement financing, consisting of 14,000,000 Equity Units at US$0.18 per unit, to raise gross proceeds of up to US $2,520,000 (the “Private Placement”).
OTC Markets Group Welcomes Terra Tech to OTCQX
NEW YORK, Sept. 16, 2015 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced Terra Tech Corp. (OTCQX: TRTC), a company specializing in controlled environment agricultural technologies, has qualified to trade on the OTCQX® Best Market.
Ted McKechnie Joins Lexaria Board of Directors
KELOWNA, B.C., Sept. 16, 2015 / Weed Wire/ — Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) is happy to welcome Mr. Ted McKechnie to its Board of Directors, effective immediately.
The OTC Markets: Over the Counter or Under the Table?
Cannabis is in a unique situation of potential exponential growth both from the financial standpoint and the research and development standpoint, but has to trade in a market place with a dubious reputation.
Pragmatic Guide to Investing in Cannabis
Considering an investment in the cannabis industry? Consider this a brief starting guide to making responsible choices. It may help you determine if considering an investment in the cannabis industry is right for you.
Crowdfunding for Marijuana Startups
In a non-cannabis industry an entrepreneur might simply go to the bank for financing, but not so in the marijuana world. Few lenders are ready to do business with a startup whose status is still questionable under federal law. Is crowdfunding an option?