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 Tuesday …
Exclusive Cannabis News
Ohio to Accept Cannabis Processor License Applications in December
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 by …
MassRoots Confirms CEO Change and Will Pay Dietrich $31,666.64 in Severance
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 as …
Share Supply Sinks Canadian Cannabis Companies
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 to …
TSX Threatens to Delist Canadian Companies with U.S. Cannabis Operations
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 bus…
Public Cannabis Company Revenue Tracker Provides Updates for October 13th, 2017
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 data-driven, …
How Cannabis Oils Are Driving Canadian LP Sales
In September, Health Canada updated market information that showed how oils are growing rapidly. During the quarter ending 6/30, licensed producers (LPs) shipped 5.896mm grams of dried flower, representing growth …
Cannabis Executives Share Their Stories of Personal Financial Discrimination
The cannabis industry is booming. One would think that nothing could be as exciting as being a cannabis entrepreneur, but cannabis executives face challenges with financial transactions that many of us take …
Public Cannabis Company Revenue Tracker Provides Updates for September 28th, 2017
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 data-driven, …
Cannabis Banking Access on the Horizon
There are few, if any, more challenging issues to the cannabis industry than lack of access to banking. Quite simply, it can be very difficult for cannabis businesses to open …
Public Cannabis Company Revenue Tracker Provides Updates for September 26th, 2017
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 data-driven, …
Leading Public Cannabis Companies to Present at New West Summit
The New West Summit, which will move to a larger venue in Oakland after two initial events in San Francisco, has rapidly established itself as a leading venue for cannabis investors. …
86% of California Cannabis Clones Contaminated According to Steep Hill
California, which has not had a regulated market despite more than two decades of legal medical cannabis sales, suffers from widespread pesticide contamination, according to a study published today by Steep Hill, …
Aphria Insiders Cash Out $7.245 Million
Aphria (TSX: APH) (OTC: APHQF) co-founders and directors Cole Cacciavillani, who serves as Chief Operating Officer, and John Cervini have reduced their holdings in September. According to transactions filed at …
Mackie Research Initiates Coverage on Four Canadian LPs
Investment Bank Mackie Research has published an extensive industry report, initiating coverage on four Canadian LPs. The 74-page report, “The End of Prohibition – Investing in Canada’s Growing Cannabis…
Cannabis ETF Makes Changes After Index Rebalancing
Horizons Medical Marijuana Life Sciences ETF (TSX: HMMJ) (OTC: HMLSF), the world’s first and still only cannabis ETF, has adjusted its portfolio this month as its benchmark, the North American …
Ohio Opens Medical Cannabis Dispensary Application Process
Ohio, which will be awarding cultivation licenses in November, announced it will be accepting applications for dispensaries from November 3rd through the 17th. Ohio remains on track to fully implement its …
Canadian Cannabis LPs Draw More from Nova Scotia than British Columbia or Quebec
Health Canada released monthly data today on its medical cannabis program. Until this release, all of the data had been quarterly. At the end of June, there were 201,398 active …
California Cannabis Roundtable: Positioning for Big Changes Ahead
More than 20 years after voter approval that permitted an unregulated medical cannabis market to develop, already the world’s largest, California is on the cusp of simultaneously regulating the medical cannabis …
How Insiders Secretly Pocketed $3 Million from Sunset Island Group
New Cannabis Ventures has a mission to spotlight “the most promising companies and influential investors in the cannabis industry,” but we also have a responsibility to investigate and warn of the …
Poorly Structured Cannabis Stock Funds Continue to Disappoint
Investing in the cannabis industry has never been easier, and, while still quite risky (stay tuned for an update on this one), it’s getting better, with a dozen companies on track to …
Weather Conditions Impact Maricann Q2 Results
With Q2 financials due yesterday for a number of Canadian LPs, Maricann Group (CSE: MARI) (OTC: MRRCF) issued its results on Sedar.com, with sales of C$661,602 declining by 27% from …
Cronos Group CEO Reveals Strategy in Exclusive Interview
The Cronos Group (TSXV: MJN) (OTC: PRMCF), which owns Canadian licensed producers Peace Naturals and In the Zone and has several other investments among LPs, had a management change in …
Desperate MassRoots Overpays for CannaRegs
Last week, MassRoots (OTC: MSRT) announced its third acquisition to date and its largest by far, acquiring CannaRegs for 30mm shares in a deal it valued at $12mm. In December, …
Cannabis Startups to Compete for $10,000 Prize at New West Summit
New West Summit will be taking place in Oakland this year, the cannabis conference’s first time across the Bay after hosting its previous two conferences in San Francisco. NWS, which …
