Marijuana companies are using a 'backdoor' strategy to tap the public markets...
Many US-based cannabis companies are going public on the Canadian Securities Exchange in a nontraditional way — a so-called reverse takeover.Reverse takeovers are when a private company buys a shell...
View ArticleWeed stocks are rallying after Michigan legalizes marijuana for recreational use
Voters in Tuesday's 2018 midterm elections made Michigan the 10th US state to legalize the recreational use of marijuana.Utah and Missouri legalized the medical use of marijuana.Weed stocks were...
View ArticleMichigan just became the 10th state to legalize marijuana. Here's where...
Michigan became the 10th state to legalize marijuana for all adults on Tuesday night, while both Missouri and Utah passed measures legalizing medical marijuana. Marijuana legalization was on the ballot...
View ArticleMore women are using marijuana while pregnant, and it could be putting their...
A research letter published Monday in JAMA Pediatrics found that marijuana use among pregnant women has risen from 3% to 5% since 2002.Though the reason for the uptick is unclear, some attribute it to...
View ArticleA company is hiring brand ambassadors to travel and smoke marijuana — here's...
California-based vape company Heavy Hitters is hiring brand ambassadors to travel and promote their products at events.Ambassadors will be paid $1,200 a month, plus an extra $500 credit for Heavy...
View Article3 more states have passed marijuana legislation, but nationwide legalization...
The midterm elections have further loosened marijuana restrictions in the United States — Voters in three of four states with ballot proposals on marijuana approved those initiatives.However, medical...
View ArticleSessions is out, marijuana wins in midterms: Cannabis investors react to a...
It's been a head-spinning 24 hours in the news cycle, particularly for investors in the scorching-hot cannabis sector.While cannabis bulls cheered Attorney General Jeff Sessions stepping down Wednesday...
View ArticleMidterm wins from Democrats could mean real action on healthcare and gun...
In states and districts won by Democrats, residents can expect a leftward push for expanded health care coverage, gun control, education funding, and legalized recreational marijuana.While Republicans...
View ArticleMarijuana producer Aurora Cannabis posts huge revenue growth (ACB)
Aurora Cannabis reported first-quarter results on Monday.The marijuana grower generated $29.7 million in revenue, up 260% year-over-year.Watch Aurora Cannabis trade live.The marijuana producer Aurora...
View ArticleA cannabis CEO who led turnarounds at FAO Schwarz and Patagonia explains why...
Ed Schmults, a former executive who spent years at Patagonia and orchestrated a number of turnarounds — including storied toy retailer FAO Schwarz — was recruited by a headhunter to become the CEO of...
View ArticleA judge in Canada called a cop a 'complete idiot' for eating an entire...
Vittorio Dominelli was called a "complete idiot" in court as he pleaded guilty to eating marijuana-laced chocolate he had stolen during a January raid.Crown attorney Philip Perlmutter said the Toronto...
View ArticleThe cannabis producer Canopy Growth is getting whacked after missing big on...
Canopy Growth reported second-quarter revenue that missed even the lowest estimate by a wide margin.Shares fell more than 7% early Wednesday.The cannabis producer received a $4 billion investment from...
View Article6 of the most popular strains of marijuana and what they're prescribed for
Although it is still greatly stigmatized, medical marijuana is increasing in popularity across the United States. Today, 33 states and Washington DC have laws legalizing medical marijuana. Proponents...
View ArticleBig brand executives are rushing into cannabis companies, hoping to tap into...
Executives from big retail brands and consumer-packaged-goods companies are pouring into the rapidly maturing cannabis industry.The financial opportunity is massive — analysts say the cannabis industry...
View Article'My lips are wet, my mouth is watering to get a piece of that': A war is...
US cannabis companies are going public and pursuing large acquisitions worth hundreds of millions in a race to scale up and capture what some Wall Street analysts say could be a $75 billion market.But...
View ArticleBig asset managers like BlackRock are sitting on the sidelines of the $75...
The world's largest asset managers are sitting on the sidelines of the marijuana industry in the US.Marijuana is illegal in the US at the federal level, meaning custodian banks are generally reluctant...
View Article'Pick-and-shovel' stocks are the best way to get into the marijuana industry,...
High-flying and volatile cannabis stocks have caught the attention of both Main Street and Wall Street this year.Canada recently became the second country to legalize recreational cannabis, and...
View ArticleA marijuana-focused investment firm started by a pair of Wall Street veterans...
Rose Capital, a marijuana-focused firm founded by Wall Street veterans, closed its first $55 million fund, bringing its capital under management to $100 million.The fund avoids investing in...
View ArticleBig law firms are building out specialized pot practices to chase down a...
With the rapid spread of marijuana legalization in the US, big law firms are discovering that the tangled web of regulations guiding the rapidly growing industry is a boon for business.As cannabis...
View ArticleA short seller is attacking cannabis company Tilray, saying the price of raw...
Marijuana producer Tilray sank 2.7% after a hedge fund pitched its short position in the company on Monday.Chris Brown, a partner at the long-short firm Aristides Capital, said at the Kase Learning...
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