Preclinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) this morning announced its entry into a research and development collaboration with ATERA SAS of France, a leading tissue engineering company specializing in the development of advanced human tissue models.
Marijuana stocks are flying high right now. There’s no reason to think that 2017 won’t be yet another great year, right? Actually, some significant threats remain for the now-thriving marijuana industry. Here are three of the biggest risks for marijuana stocks this year.
Legal Marijuana is the fastest growing industry in the United States. In 2016, cannabis sales in North America went up 30% from 2015 to reach $6.7 billion.
And looking into the future with more states, Canada and countries around the world making their way toward legalization this already extraordinary speed of growth is actually set to pick up.
Marapharm Ventures Inc. (OTCQB: MRPHF) (CSE: MDM.CN) (FSE: 2M0) announces the proposed offering of up to 80 million share purchase warrants. Each warrant will be offered for a consideration of 10 cents (CDN) per warrant for a total of gross proceeds of up to $8 million dollars and are exercisable into one common share for the price of $2.90 per share for a period of 3 years from the date of closing (the "warrants").
ABcann Global Corporation (TSX-V: ABCN ) is pleased to announce its inclusion in the Horizons Medical Marijuana Life Sciences ETF (TSX: HMMJ ).
On Thursday, ABcann Global Corporation (TSXV: ABCN) announced that it has retained the services of Dr. Michael Shannon as its chief medical consultant.
Premier Biomedical, Inc. (OTCQB: BIEI), a research-based company focused on the discovery and development of medical treatments for a wide range of diseases, this morning announced that it has reached an agreement with specialized holding company SinglePoint, Inc. (OTC: SING) to manufacture Premier’s new-design CBD Hemp Oil Patch in high volume.
Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that its wholly-owned foreign enterprise, CBD Biotechnology Co. Ltd., will officially launch its first line of non-industrial hemp infused skin care products, the ‘CBD Magic Hemp Series’, in the third calendar quarter of 2017.
Aurora Cannabis Inc. (ACB.V) (ACBFF) (Frankfurt:21P; WKN:A1C4WM) and WeedMD Inc. (“WeedMD”) (WMD.V) are pleased to announce that the companies have entered into a strategic relationship whereby WeedMD will provide wholesale dried medical cannabis to Aurora, and Aurora will provide best in class patient education services for WeedMD through its cannabis counselling and outreach unit CanvasRx.
Canada House Wellness Group Inc. "Canada House" (CSE:CHV)(CSE:CHV.CN)(CNSX:CHV), together with its three operating divisions, Marijuana For Trauma, Knalysis Technologies and Abba Medix is pleased to announce that it has negotiated a new extended lease for Abba's grow facility.
According to a recent report by New Frontier Data, the Viridian Cannabis Stock Index gained 236.1% in 2016, or outperforming such mainstream indexes as the Russell 2000 (up 19.5%), the Dow Jones Industrial Average (up 13.4%), the S&P 500 (up 9.5%), and the Nasdaq composite (up 7.5%).
CannaRoyalty Corp. (CSE:CRZ)(CSE:CRZ.CN)(CNSX:CRZ)(OTCQX:CNNRF) is pleased to announce that it has executed a binding term sheet with a Canadian institutional investor to complete a $12 million financing and form a joint venture to finance opportunities in the Canadian cannabis market.
Sales and revenue growth in the blazing hot CBD-based and legal marijuana markets within the rapidly growing cannabis industry continue to rise with Acrview Market Research projecting as much as $20 Billion in sales within four short years.
Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has successfully closed a $1 million company-friendly convertible promissory note with an institutional investor.
Maricann Group Inc. (CSE:MARI) a low cost, greenhouse producer of medical cannabis with market leading technological differentiation, is proud to announce that it has been added to the Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ ).
