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This marijuana stock has beaten Apple, Twilio, Netflix and Bank of America
Those investors who chose the specialized real-estate investment trust Power REIT to add to their portfolios some five years ago are now enjoying their high returns. Despite COVID-19's negative effect on the overall economy over the past two years, industries, like...
Cannabis Pipeline to Europe is Open; Flora Growth is Investing
Less than a month after debuting on the Nasdaq Stock Market, Colombia-based cultivator Flora Growth is connecting its cannabis pipeline to Europe through a manufacturing and distribution partnership with Hoshi International. Headquartered in Toronto, but with 95% of...
Cannabis producer HEXO to buy Redecan in $925-million deal
Cannabis producer HEXO Corp. is acquiring Redecan, Canada’s largest privately-owned licensed cannabis producer with a hefty portfolio of brands, in a $925-million cash-and-share deal. The proposed transaction is intended to create a more competitive platform in Canada...
Zimbabwe Govt Offers New Guarantees and Incentives for Cannabis Investors & Establishes Green Industry Fund
Looks like Zimbabwe’s government is loosening the reins to try and encourage investment. Cannabiz Africa reports that Zimbabwe is offering international cannabis investors the option of owning 100% of their operations and the right to choose where in the country they...
Huge Milestone As First German Cannabis Company Debuts On Stock Exchange
Germany has its first publicly-listed cannabis company in Cannovum, a Berlin-based importer wholesaler and distributor of medical cannabis. Co-founder Pia Marten described its listing on the Dusseldorf Stock Exchange as a huge milestone for the industry. “We are the...
RIV Capital Stays On Path To Crossover To U.S. Cannabis
RIV Capital Inc.m released its financial results for the fourth quarter and fiscal year ended March 31, 2021, which proved to be a very transitional period for the company. Riv reported operating income (before equity method investees and fair value changes) of $0.7...
Unique Banking Challenges MSOs Encounter
A sprawling adult-use cannabis industry is taking root from coast to coast. While the rules and regulations vary from state to state, that has not limited some dispensaries from opening locations in several regions. These multi-state operators (MSOs) need to take the...
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Monday - Friday: 8:00 AM - 5:00 PM