by InfluencER | Oct 8, 2020 | Investors
Back in 2018, Tobacco giant Altria invested $1.8 billion in Canadian cannabis company Cronos Group. The very public investment gave Altria a 45% stake in the Canadian firm. Since then, the company has been trying to increase its stake in the nascent marijuana industry...
by InfluencER | Oct 8, 2020 | Investors
Israeli medical cannabis company Tikun Olam CannBit Pharmaceuticals announced it has signed a memorandum of understanding for cooperation with the British company ITH Pharmaceuticals. The deal revolves around the supply of CBD oil and other medical cannabis products...
by InfluencER | Oct 7, 2020 | Investors
According to reports publicly traded multistate marijuana operators appear to be in better financial health than they were at the beginning of 2020. However, many have shed operations in potentially lucrative markets to bolster their balance sheets. MSOs are...
by InfluencER | Oct 7, 2020 | Investors
A new report from bank Barclays projects the US marijuana market would have a value of US$28 billion if it was legal today. Also, the reports predict the marijuana market potential to grow to US$41 billion on a pre-tax basis by 2028. Barclays analysts shared a note...
by InfluencER | Oct 6, 2020 | Investors
Medicinal cannabis company, Rua Bioscience announced it is seeking up to $20 million from investors. The announcement comes ahead of a sharemarket listing later in October. Rua Bioscience was founded in 2016 as a subsidiary of Hikurangi Enterprises, which aims to...
by InfluencER | Oct 5, 2020 | Investors, Sales and Operations
Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, announced a class action lawsuit has been filed in the United States District Court for the District of New Jersey. The lawsuit was on behalf of investors that Purchased Aurora...
