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Cannabis company that DEA is allowing to grow for research purposes to list shares on Nasdaq
Bright Green Corp., a Fort Lauderdale, Fla.-based company with conditional approval from the U.S. Drug Enforcement Administration (DEA) to produce federally legal cannabis, on Tuesday filed plans to directly list its shares for trading on the Nasdaq under the ticker...
These Marijuana Stocks Are Working To Build More Market Momentum
Many people felt May might bring with it a boost in momentum. However, the first week of the new month followed in the same downward pattern as the previous month. Currently, some marijuana stocks have slowly started to inch back up in the market. Yet for those...
Innovative Industrial Properties Acquires Pennsylvania Property and Expands Real Estate Partnership with Parallel, a Leading U.S. Cannabis Well-Being Company
Innovative Industrial Properties, Inc., the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisition of a property in Pittsburgh, Pennsylvania, which is...
Dama Financial, the Leading Provider of Access to Banking and Financial Solutions for Cannabis Businesses, Announces the Completion of $12.6 Million Growth Equity Raise
Dama Financial (“Dama”) the premier provider of access to banking and payment solutions through its FDIC-insured banking partners for the rapidly growing legal cannabis industry, today announced the completion of its $12.6 million Series B funding round, bringing...
New U.S. Focused Cannabis ETF Hits The Market Today
ETF Managers Group has launched its latest cannabis ETF (exchange-traded fund) that will once again focus on the cannabis U.S. stocks. The ETFMG U.S. Alternative Harvest ETF will begin trading today on the New York Stock Exchange. The company said that the MJUS offers...
South American Pharma Firm Purchases Europe’s ‘Largest’ Extractor For Over $26m
A vertically integrated cannabis firm initially backed by former Canopy Growth boss Bruce Linton has been purchased by Uruguay’s pharmaceutical leader. Montevideo-based RAMM Pharma had taken a 49% stake in Sicily-based Canapar in December, last year, and has now...
Tilray Stock Soars After Investment Bank Signaled Positivity About Pot Stocks
One of the major themes I’ve tracked in the marijuana market over the years is the up-and-down relationship that pot stocks have had with Wall Street and institutional investors. Lately, we’ve been seeing some major changes in that relationship, including a recent...
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