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Cannabis ETFs Evolve but Don’t Yet Excel
The first cannabis exchange-traded fund (ETF) launched in 2017, and we have been following the developments closely since then. Today, we are tracking 11 ETFs. We recently shared a review of these funds with subscribers to our premium cannabis due diligence service...
Cannabis tech platform Dutchie raises $200M, acquires Greenbits, LeafLogix
Cannabis retail technology platform Dutchie has raised $200 million in a Series C funding round it says values the company at $1.7 billion. The funding round was led by investment firm Tiger Global and also included previous investors Casa Verde Capital and former...
Cannvas Retains Integral Wealth Securities Limited for Market Making
Cannvas MedTech (CSE: MTEC ), a leading business technology company within the cannabis space, is pleased to announce that it has retained Integral Wealth Securities Limited (“Integral”) to provide Market-Making services in accordance with Canadian Stock Exchange...
SEC charges US trader for allegedly abusing Twitter to pump cannabis penny stock prices
The US Securities and Exchange Commission (SEC) has charged a Californian trader for allegedly using Twitter to hype up stocks before dumping them for a profit. The charges, unsealed on Monday and filed in federal court in the Central District of California on March...
NASDAQ SPAC Greenrose to List on the OTC After Buying 4 Cannabis Operators for $210 Million
Greenrose Acquisition Corp. (Greenrose), a special purpose acquisition company targeting companies in the cannabis industry, has entered into definitive agreements to acquire four cannabis companies (The Platform). The companies are Shango Holdings Inc. (Shango),...
Sundial to Contribute $100 Million to Cannabis Investment Joint Venture
Sundial Growers Inc. (“Sundial”) and SAF Opportunities LP, a member of the SAF Group (“SAF”) today announced they have entered into an agreement to form a 50/50 joint venture through a new corporation, SunStream Bancorp Inc. (“SunStream”). The Joint Venture will...
Marijuana SPAC Silver Spike II prices IPO to raise $250 million
Marijuana industry special purpose acquisition company (SPAC) Silver Spike Acquisition Corp. II priced an initial public offering on the Nasdaq exchange to raise $250 million. The company is issuing 25 million units at $10 each. Each unit includes one share and...
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Monday - Friday: 8:00 AM - 5:00 PM