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Trym raises $3.1M seed to grow its cannabis cultivation platform

Trym raises $3.1M seed to grow its cannabis cultivation platform

by InfluencER | Sep 29, 2020 | Investors

Commercial cannabis operations often rely on software platforms to track and forecast crops from seed to sale. Trym, an up and coming marijuana analytics company, announced a large $3.1M seed round that will help the company expand its software offering. Trym’s...
Investor buzz around cannabis stocks with new treatments

Investor buzz around cannabis stocks with new treatments

by InfluencER | Sep 28, 2020 | Investors

Australia’s fledgling medicinal cannabis sector has been blazing ahead with research projects in the face of the COVID-19 pandemic and now popular investors are looking for winners. A cohort of ASX-listed small-cap cannabis stocks was buoyed earlier this month...
SPACs offer marijuana companies a source of funding – and a way to go public

SPACs offer marijuana companies a source of funding – and a way to go public

by InfluencER | Sep 25, 2020 | Investors

A recent rise in cannabis special purpose acquisition companies – also known as SPACs – is providing private marijuana and hemp companies an unprecedented opportunity to raise money and go public. “Cannabis SPAC IPOs (initial public offerings) raised more than $2.6...
WeedMD Taps Labor Union Pension Fund for $30 Million Credit Facility at 15% Interest Rate

WeedMD Taps Labor Union Pension Fund for $30 Million Credit Facility at 15% Interest Rate

by InfluencER | Sep 25, 2020 | Investors

WeedMD, a federally-licensed producer and distributor of cannabis, announced they have entered into a binding term sheet for a credit facility (“Credit Facility”) with an affiliate of the LiUNA Pension Fund of Central and Eastern Canada (“LPF”). Company officials say...
UK – London-based manager aims to raise Europe’s biggest cannabis fund

UK – London-based manager aims to raise Europe’s biggest cannabis fund

by InfluencER | Sep 25, 2020 | Investors

Europe has a small market for investing in cannabis. However, many insiders believe the market is showing signs of life, with a new London-based investment firm. The firm is focusing on wealthy individuals hoping to raise the region’s biggest dedicated fund....
High Times may have lost two California cannabis retail leases from Harvest deal

High Times may have lost two California cannabis retail leases from Harvest deal

by InfluencER | Sep 24, 2020 | Investors

Los Angeles-based High Times Holding has reportedly lost the leases on both San Francisco marijuana properties that were a key part of a much-vaunted $80 million retail acquisition. The deal was announced in April with the Arizona multistate operator Harvest Health...
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