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Biden admin to applicants: Maybe don’t invest in weed companies
All told, 37 states, the District of Columbia, and some territories have legalized cannabis for medical or recreational use. Smoking weed may no longer be the only potential impediment to getting a job with security clearance in the Biden administration. Investing in...
Why These 11 Companies in the Global Cannabis Stock Index More Than Doubled in 2020
2020 began in a tenuous position, as the industry was starving for capital following the vape crisis in late 2019. Analysts expected this to be a year of big winners (those who had access to capital) and big losers (those who didn’t), but the wild deviations in...
Tel Aviv Stock Exchange launches cannabis index
Reuters reports that the Tel Aviv Stock Exchange launched a new index for nine medical cannabis companies on Monday. The new index launch is expected to help to boost trade in the burgeoning, yet not quite mature, sector. Israel is a leader in marijuana research and...
Gage Cannabis Co. Announces $20 Million Investment from JW Asset Management as Reg A Offering Closes the General Public Access
Gage Cannabis secures minimum $20 million investment from JWAM to expand cultivation and retail footprint, pursue accretive acquisitions, and solidify position as the leading operator in the state of Michigan JW Asset Management is widely recognized as one of the...
CORPARATE CANNABIS ANNOUNCES MEGA-MERGER
Corporate Cannabis firms Tilray and Aphria have announced they will merge. The new merger will result in the largest licensed producer on the corporate cannabis scene and market watchers are skeptical whether this will be a net-positive for the industry or yet another...
SPACS PUMP HUNDREDS OF MILLIONS OF DOLLARS INTO US CANNABIS INDUSTRY THROUGH ACQUISITIONS
Two cannabis special purpose acquisition companies (SPACs), Silver Spike Acquisition Corp. and Subversive Capital Acquisition Corp., recently announced deals worth more than $2 billion, while two other SPACs have an additional $280 million that must be deployed in the...
High Hampton Acquires Cannabis Distribution Hub in the City of Cudahy through 420 Realty, LLC
High Hampton Holdings Corp. (“High Hampton”) announced it is further expanding its cannabis distribution network in California with the successful close of the acquisition of all the membership interests of 420 Realty, LLC (the “Acquisition”). 420 Realty, LLC (“420”)...
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