Courtesy of Ted Chung Snoop Dogg With the legal cannabis industry generating $6.9 billion in sales in 2016, up 34% from 2015, it’s a no-brainer to say that much is at stake as the business inevitably grows. Much like the independent movie biz, the cannabis industry attracts investors looking for high-risk, high-reward investments, and as marijuana goes more mainstream, so does the funding mechanisms for the industry’s businesses.
India Globalization Capital, Inc. (NYSE MKT: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced that it has filed patent applications for IGC-501 in Canada, Israel and Europe in support of its ongoing cannabis-based combination therapy development initiatives.
In March, Congress introduced legislation to regulate and tax marijuana, and to remove it from the federal Controlled Substances Act.
This move would be highly beneficial for SinglePoint, Inc. (OTC: SING), a leading mobile technology and payment solutions company that provides ancillary services to the marijuana industry.
Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced its investment in Breakwater MB, LLC, a cannabis-focused investment and consulting company formed by CIIX board member and former CFO Paul Dickman.
There are a number of advantages to society and the public safety in regulating marijuana, but economic arguments also favor its legalization.
Deciphering marijuana policy under the Trump Administration can be difficult, given differing statements by White House officials.
Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced the establishment and registration of XiBiDi Biotechnology Co., Ltd. in the Shanghai Free-Trade Zone.
Advancements continue to be made in various CBD extractions as the demand for cannabis extracts continues to climb at a high rate. Cannabidiol (CBD) is one of the most important healing substances, with a strong anti-inflammatory effect and without a psychotropic (narcotic) effect.
Canaccord Genuity analyst Neil Maruoka thinks Canopy Growth Corp. (TSX:WEED) is the “dominant player” in the Canadian cannabis sector, but says the company’s stock is fully valued at current levels.
Canaccord Genuity analyst Neil Maruoka thinks Canopy Growth Corp. (TSX:WEED) is the “dominant player” in the Canadian cannabis sector, but says the company’s stock is fully valued at current levels.
Agritek Holdings, Inc. (OTC:AGTK), is completing a land purchase contract on an additional thirty-five acre property located in Pueblo County, Colorado. The property will be owned wholly by Agritek Holdings Inc. and will be managed on behalf of Agritek by licensed cultivator partners.
Metatron will be issuing a special stock distribution of Circa shares to Metatron shareholders as of record 3/26/2017, ratio 7 MRNJ to 1 CPPD. Pay date will be 4/8/2017 and is subject to FINRA approval. The stock has a standard one year holding period.
The Colorado Senate on Thursday passed a first-in-the-nation bill expressly permitting marijuana clubs. But Gov. John Hickenlooper is hinting that he’ll veto the measure unless it bans indoor smoking.
Alternate Health Corp. (CSE:AHG,OTC:ATEHF) announced a non-brokered private placement with gross proceeds of CAD $7,569,055 (USD $5,602,834).
