Author: Alan Brochstein, CFA
CannaKorp, the Massachusetts-based manufacturer of a patent-pending cannabis pod-based vaporizing system, the CannaCloud, is raising $2mm in a private placement for accredited investors, according to a Form D SEC...
Near the close of trading on July 5th, MassRoots (OTC: MSRT) issued an 8-K filing that revealed its pending merger with Odava, a regulatory compliance company in Oregon which...
Matthew Kind of CannaInsider interviewed LeafLink CEO Ryan Smith, a member of the “Forbes 30 under 30” list who entered the cannabis industry in 2015 from a real estate background after...
Canada’s medical cannabis market began as a flower-only market, but, following a court ruling, the licensed producers (LPs) were permitted to begin producing extracts in late 2015. While these products...
One of the most frequent questions I receive is about the best choice of online brokers for trading cannabis stocks. Most of the sector falls into two categories: U.S. OTC stocks,...
Supreme Pharma (TSXV: FIRE) (OTC: SPRWF) reported receipt of the long-awaited amendment to its cultivation license at 7 Acres today. The ability to sell took so long that a...
Sundie Seefried, the CEO of Partner Colorado Credit Union, which has a cannabis-related division, Safe Harbor Private Banking, is a champion of the cannabis industry, having provided banking services to more...
With the exception of Aphria (TSX: APH) (OTC: APHQF), which has involvement with medical cannabis operations in Arizona and Florida, and CanniMed (TSX: CMED) (OTC: CMMDF), which is pursuing...
Earlier this month, Tilray made a big change in how it will be marketing its medical cannabis products. Historically, it was selling its dried cannabis products under common strain names,...
In late May, Lift hosted its first Cannabis Business Conference in Toronto. It was a fantastic event that included many thought leaders in North America and covered eight timely and important...
The SEC has filed fraud charges related to a cannabis penny stock for the second time in less than a week. Last week, it announced a civil case against...
In 2015, Health Canada issued just five new cannabis cultivation licenses during the entire year. Last week, it issued just as many, bringing the year-to-date total to 13 and...
After the close on Friday, the SEC announced that it has filed suit against Michael Mona, Jr., CEO of CV Sciences (OTC: CVSI) and the company, which was formerly...
Horizons Medical Marijuana Life Sciences ETF (TSX: HMMJ) (OTC: HMLSF) added three names to its portfolio today as it scaled back several positions. The ETF had shared its top holdings...
In what appears to be one of the most successful cannabis industry investments to date, MedMen Opportunity Fund achieved realized and unrealized gains of about C$33.5mm on a C$10mm investment...
CannTrust Holdings, the parent of Canadian licensed producer CannTrust, has filed a preliminary prospectus detailing its offering of 12.5841mm Special Warrants at $2 per warrant, for $25.2mm in gross...
The Canadian cannabis sector’s largest IPO to date is a dud. The $100mm MedReleaf (TSX: LEAF) IPO was priced at $9.50 but opened for trading at $7.51 before trading...
As the U.S. cannabis industry has evolved over the past few years, so has the market for publicly-traded cannabis stocks. In 2014, very few publicly-traded companies were reporting substantial...
Laidlaw & Company, which underwrote the recent IPO for Therapix Biosciences (NASDAQ: TRPX), has initiated research coverage of the company, giving it a “Buy” rating and suggesting a price...
Berkeley-based cannabis testing lab Steep Hill extended its presence in California and also entered a new market, the Southeast, opening a full-service lab in Arkansas, which approved medical cannabis...
After initially filing its preliminary prospectus in April, ACMPR licensed producer MedReleaf (TSX: LEAF) has filed the final prospectus for its $100.7mm initial public offering and secondary offering, selling shares...
First Trust Files Prospectus for FT 6766 Medical Cannabis Portfolio Series Illinois-based fund manager First Trust, which manages over $100 billion in aggregate across a range of retail and...
Innovative Industrial Properties (NYSE: IIPR), which also announced the closing of a cultivation and processing facility in Maryland, has declared its initial dividend. The company will pay $0.15 per share on July...
The National Cannabis Industry Association (NCIA) held its annual elections to fill 11 of the 22 board seats. 33 candidates ran for election. All eight incumbents were reelected to...
Health Canada has updated its website, indicating that it has awarded the 44th ACMPR license to Ontario-based First Access Medical, which is owned by Beleave, Inc. (CSE: BE) (OTC:...
