It seems that after a hard fight for GameStop stocks and the RobinHood scandal, investors from Reddit have decided to bet on something far more relaxing. American cannabis companies experienced a major surge and then a dramatic drop over the week when Reddit investors...

Specialty real estate investment trust Power REIT, which has a portfolio that includes marijuana production facilities, raised $37 million through a rights offering that sold roughly 1.4 million shares at $26.50 per share. “The capital generated from the rights...

Cannabis industry stocks soared on Tuesday as industry leaders made groovy predictions about their financial prospects and marijuana legalization in Washington. Shares in Canadian grower Tilray finished up more than 40 percent on Tuesday after Chief executive Brendan...

A milestone event for the UK and European industry. MGC Pharmaceuticals‘ stock price is excepted to rise after its pre-market placement was markedly oversubscribed. The company’s 441m shares were placed at £0.01475 – giving it a value of £6.5m. The two dozen-or-so...

Jazz Pharmaceuticals’ $7.2-billion purchase of GW Pharmaceuticals last week is the biggest tie-up yet for the cannabis industry. And it’s probably just the beginning. The blockbuster deal, which dwarfs Tilray Inc. and Aphria Inc.’s $3.8-billion merger as well as...

Micro-cap Nabis Holdings Inc. surged from a penny to nearly a dollar over the course of a week before the stock was halted. Now a Canadian regulator says it will nix all those trades. The Investment Industry Regulatory Organization of Canada said all trades between...