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.
Marijuana Investing
Marijuana Leader Canopy Growth (TSX:WEED) Fully Valued
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.
SinglePoint, Inc. (SING) Expands Presence in Cannabis Industry through Acquisition of Stake in Convectium
Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has closed its first round of funding to acquire a stake in Jacksam Corp., dba Convectium, the developer of a unique oil filling system poised to revolutionize the cannabis industry.
Alternate Health Corp. (CSE:AHG,OTC:ATEHF) Closes a $5.6M Private Placement
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).
Agritek Holdings, Inc. Purchases Licensed Cannabis Cultivation Property In Colorado
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 (OTC:MRNJ) Distributes shares to Circa Pictures (OTC:CPPD) for Cannabis App Development
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.
Tokyo Smoke partners with ex-CEO and ex-Creative Director of Canopy Growth Corp. to form Nesta Brand Co.
Tokyo Smoke has partnered with cannabis business visionaries Chuck Rifici (co-founder and ex-CEO of Canopy Growth [formerly Tweed]) and Ian Rapsey (formerly Creative Director of Tweed, The Greater Good Collective and Bruce Mau Design) of Nesta Holding Co, a cannabis-focused private equity firm to form Nesta Brand Co.
SeeThruEquity Issues Update on ChineseInvestors.com (CIIX), Increases Price Target to $3.75
Less than two weeks after making a presentation at the SeeThruEquity Conference in Miami Beach, SeeThruEquity increased its price target for ChineseInvestors.com (OTCQB: CIIX) to $3.75.
Invictus MD (CSE:IMH,OTC:IVITF) Generates $1.5M in 8 Months
Invictus MD (CSE:IMH, OTC:IVITF) reports that Future Harvest Development Ltd. (of which Invictus MD currently owns 82.5%) has generated $1.578 million in revenue.
Organigram Recall is a Huge Opportunity for Investors
Organigram (TSX.V:OGI, OTCQB:OGRMF) began a voluntary recall of a total of 74 products produced between February 1 and December 16, 2016. These lots tested positive for two pesticides that aren't authorized for use on cannabis plants under the Pest Control Products Act but there are long-term benefits for the recall.
Invictus MD Inc. Aquiring Canadian Companies in Preparation of Canadian Legalization
Invictus MD Strategies Inc. (CSE:IMH,OTC:IVITF) has a flurry of recent developments as the company builds a portfolio of Canadian licensed producers preparing to move into the recreational market.
The Canadian Bioceutical Corp. Signs up Market Maker
The Canadian Bioceutical Corporation (CSE:BCC,OTC:CBICF) announces that it has entered into a Market Making Services Agreement with Venture Liquidity Providers Inc. for an initial 12 month term.
AusCann (OTCPK:ACNNF) Set To Lead The Australian Marijuana Market
AusCann recently went public via a reverse takeover on the ASX. Their joint-venture with Daya Foundation in Chile and Canopy Growth in Canada puts them at the head of the pack in the Australian market. Canopy Growth Corporation will potentially make the move to buy AusCann.
Singlepoint, Inc. (SING) CEO Discusses M&A Strategy in Interview on MoneyTV
Full-service mobile technology and marketing provider Singlepoint, Inc. (OTC: SING) is as a featured company on this week’s episode of MoneyTV with Donald Baillargeon.
Organigram Inc., (CVE:OGI, OTC:OGRMF) Appoints New CEO
Organigram Inc., which was discovered selling products containing a banned pesticide announces that Greg Engel has been appointed CEO, taking over from Denis Arsenault.