Author: Alan Brochstein, CFA
Canadian cannabis company Lifestyle Delivery Systems (CSE: LDS) (OTC: LDSYF), which operates an extraction lab in Adelanto, California, has apparently been raided. The company’s website says that it is...
The Ohio Department of Commerce announced the recipients of provisional Tier I medical cannabis production licenses today. Tier I licenses, which include annual licensing fees of $200,000, permit cultivation...
Scotts Miracle-Gro (NYSE: SMG) continues to aggressively consolidate the fragmented hydroponics industry through its Hawthorne operating unit. Since 2015, it has acquired leading brands Agrolux, Botanicare, Gavita, General Hydroponics...
The inaugural Cannabis Business Executive Convention, scheduled for January in Washington, D.C., has been cancelled, according to the event’s organizer, Rob Meagher of Cannabis Business Executive (CBE). In a...
EY, a global leader in assurance, tax, transaction and advisory services, issued a 12-page report assessing the Canadian cannabis outlook, “How do you define your future in an undefined market?”....
On November 16, 2017, California’s three state cannabis licensing authorities publicly noticed proposed emergency regulations for commercial medicinal and adult-use cannabis. The regulations cover the types of licenses and...
The Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than $2.5m per quarter. This...
As California moves towards regulation of medical cannabis and full legalization for adult-use, the state is tackling many challenges in advance of the new regulatory system, which will include...
One of the big stories this year has been the deployment of capital raised outside of the United States into its cannabis industry. Three Canadian public companies that have...
New Cannabis Ventures helped spearhead the Exclusive Public Companies Symposium at New West Summit in Oakland on October 13-14th. The goal of the event was to introduce leading public cannabis companies to...
New Cannabis Ventures helped spearhead the Exclusive Public Companies Symposium at New West Summit in Oakland on October 13-14th. The goal of the event was to introduce leading public cannabis companies to...
Coindesk, which covers blockchain news, found a nugget in a stack of documents submitted to the government of British Columbia. The provincial government’s BC Cannabis Regulation Engagement committee invited stakeholders...
The announcement last Sunday that Constellation Brands (NYSE: STZ) was acquiring a 9.9% stake in Canopy Growth (TSX: WEED) (OTC: TWMJF) for C$245mm helped end a streak of nine...
The Ohio Department of Commerce has announced the award of 11 Level II provisional licenses for cultivation for its medical cannabis program that is expected to launch next September....
Exclusive Interview with Khiron Life Sciences CEO Alvaro Torres Colombia is a developing cannabis market that has captured the attention of many. A country known historically for being a...
Exclusive Interview with Bruce Linton, Canopy Growth Chairman & CEO New Cannabis Ventures hosted a webinar with Canopy Growth (TSX: WEED) (OTC: TWMJF) CEO Bruce Linton, who discussed the...
Despite a flood of supply this month, Canadian LP stock performance stands out so far in October as investors have retreated somewhat from the overall sector. The Cannabis Stock...
The Wall Street Journal broke big news for the global alcohol and cannabis industries today, detailing an investment by Constellation Brands (NYSE: STZ) into Canadian licensed cannabis producer Canopy Growth (TSX:...
Two privately-held cannabis companies based in Canada, Khiron Life Sciences and PharmaCielo, are now fully licensed by Colombia to produce low and high THC medical cannabis. Khiron disclosed the news...
At the height of business activity as the fall harvest becomes available in Washington, failure to meet an aggressive timeline to replace the state’s traceability software provider will force the...
As we reported earlier this week, the big story for the cannabis capital markets has been a flood of new issues out of Canada. The largest deal, announced on...
Ohio’s Medical Marijuana Control Program announced today that it will begin accepting applications for processors on December 4th through December 15th. The program remains on track to become operational...
Confirming reports of the ouster of founder Isaac Dietrich as CEO, MassRoots (OTC: MSRT) issued an 8-K filing this morning. The company confirmed that Scott Kveton, who was serving...
Canadian cannabis producers saw huge losses in trading on Tuesday. While some may attribute it to the TSX policy update after the close on Monday, with the exchange threatening...
The Toronto Stock Exchange issued a bulletin today regarding “Business Activities Related to Marijuana in the United States.” It provided clarity of its policy, suggesting that “Issuers with ongoing...