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Investing for the Future
Canopy Rivers CEO: Market Prematurely Looking for Profitability
Narbe Alexandrian, president and CEO of Canopy Rivers (TSX:RIV,OTC Pink:CNPOF), thinks the market is a little too focused on profits right now, even though the marijuana play is at an early stage. The executive spoke with the Investing…
First pot company to IPO on Nasdaq raises $153 million
Tilray Inc. late Wednesday raised $153 million via an inital public offering of 9 million shares of which 6.524 million shares will be offered in the U.S. at $17 a share, above its expected pricing range of $14 to $16. Another 2.476 million…
Vote for Recreational Cannabis in Florida Gains Momentum
Call for legalization of recreational cannabis in Florida gains momentum, report says. According to a local Florida Fox station report on Tuesday (July 18), lawyer John Morgan has thrown his financial support behind a new ballot initiative…
Alkaine Water Company to Expand CBD Beverage Line with Merger
Two bottled water companies are teaming up ahead of the launch of a suite of CBD-infused (cannabidiol) products. On Monday (September 9), The Alkaline Water Company (NASDAQ:WTER,TSXV:WTER) announced it signed a merger agreement with…
Nextleaf’s Ryan Ko Interviewed in Forbes Article
Nextleaf Solutions Ltd. (CSE:OILS,OTCQB:OILFF,FWB:L0MA) co-founder and chief technical officer Ryan Ko was interviewed by Forbes’ Amanda Siebert about the company’s leap towards the emerging trend of cannabis processing. Ko says, “Our…
Panel: Extraction Plans Takes Shape as Edibles Legalization Nears
As the legalization of cannabis edibles and infused products in Canada approaches, extracting companies are preparing to meet the projected increase in demand for these services. During a panel at the MJBizConINTL event in Toronto last…
Scythian Sells Assets in Latin America to Aphria
A cannabis operator with assets in the international cannabis market confirmed the sale of its South American and Caribbean interests to a major Canadian licensed producer. In a deal announced on Tuesday (July 17) Scythian Biosciences…
Gage Growth: Building One of the Fastest Growing Cannabis Brands in Michigan
Gage Growth operates on the idea that “good is just not good enough.” Its core values of providing premium cannabis to market, positively shaping cannabis culture and nurturing the community primes the company for success and rapid economic…
Valuations Need to Adjust for the Cannabis Space, Says Analyst
Expectations and grand valuations have led to a variety of challenges for cannabis stocks and investors of the space. At the MJBizConINTL in Toronto last week, investors were treated to a variety of opinions on the state of the investment…
A State-by-State Guide to Cannabis in Australia
Australia made waves when it federally legalised medicinal cannabis in 2016, and its marijuana market has experienced significant growth since then. A study from FreshLeaf Analytics pegs Australian medical market sales at AU$95 million in…