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Federal Regulator Cheers State-Level Cannabis Banking Reforms Amid Congressional Inaction
Banking is one of the most crucial resources the state-legal cannabis industry is missing out on due to federal prohibitions. Fearing retaliation from the federal government, most financial institutions refuse to work with cannabis businesses, depriving them of...
MMJ Group Holdings Ltd sees growth in Australian and Canadian medicinal cannabis markets as positive for medium term
MMJ Group Holdings Ltd is a global cannabis investment company with a focus on adding to its portfolio of investments across Australia, Canada, and Europe. The company’s core business is holding investments across the full range of emerging cannabis-related sectors...
Seed investee Eurox launches German cannabis line
Medical cannabis investment company Seed Innovations updated the market on its portfolio company Eurox, a Germany-based, European-focussed vertically integrated medical cannabis company, on Tuesday. The AIM-traded firm said that when it made its investment in July,...
TILT Holdings Graduates Public Listing to the NEO Exchange
NEO is proud to welcome TILT Holdings Inc. (“TILT”), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development, and retail, as they upgrade their public listing to the NEO Exchange....
Tilray to Exchange 9 Million Shares for $165.8 Million MedMen Convertible Note
Tilray, Inc. (“Tilray”), a leading global cannabis-lifestyle and consumer packaged goods company, and MedMen Enterprises Inc. (“MedMen”), a premier American cannabis retailer, today announced that Tilray has acquired the majority of the outstanding senior secured...
Cannabis firm reportedly rolling out $1 billion IPO amid NY legalization
PharmaCann, one of the 10 original cannabis licensees in New York, has confidentially filed for an initial public offering that could value it at well over $1 billion, sources familiar with the matter told Reuters. The planned IPO would help PharmaCann raise funds...
Canadian medical marijuana company Aleafia applies to list on Nasdaq
Canadian medical marijuana company Aleafia Health Inc. said Tuesday it has applied to list its common shares on Nasdaq. The company is currently listed on the Toronto TSC Venture Exchange, and trades over the counter in the U.S. under the ticker symbol “ALEAF”....
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