UK Cannabis Firm Akanda’s US Listing Sees Value Skyrocket As It Unveils Plans To ‘Put Capital To Work’ March 17, 2022 Ben Stevens Banking, Finance & Real Estate 0 Comments AKANDA Corp has become the latest British cannabis company to go public after it launched on the NASDAQ Stock Exchange this week, seeing its stock soar some 350% above its listing price. The young ‘seed to patient’ medical cannabis operator,… Read More→
Cannabis company growing weed in Colombia goes public in US May 12, 2021 AggregatedNews Cannabis Investments, Colombia 0 Comments Most cannabis companies that list their stocks in the United States grow their products in indoor greenhouses, often in Canada. But a company named Flora Growth that went public on the Nasdaq on Tuesday is taking a different approach. Although headquartered in Toronto, its… Read More→
World’s Largest Cannabis Deal Sees UK Firm GW Pharma Bought For $7.2bn February 3, 2021 Peter McCusker Mergers & Acquisitions 0 Comments IRISH firm Jazz Pharmaceuticals has agreed to purchase UK medical cannabis trailblazer GW Pharmaceuticals for $7.2bn. The deal will be the biggest ever transaction in the rapidly-emerging global cannabis sector and marks a major milestone for the UK industry. The… Read More→
Cannabis producer Aphria posts bigger-than-expected loss July 29, 2020 AggregatedNews Cannabis Investments 0 Comments Canadian pot producer Aphria APHA.TO, <APHA.O> on Wednesday posted a bigger-than-expected quarterly loss and took impairment charges on some foreign assets, as coronavirus-related lockdowns disrupted tourism and supply chains. U.S.-listed shares of the company fell about 4% in premarket trading. Lack of… Read More→
Why Marijuana Stock Curaleaf Shot 11% Higher on Monday July 14, 2020 AggregatedNews Cannabis Investments 0 Comments What happened Curaleaf Holdings (OTC: CURLF) shares rose more than 11% on Monday on news of a fresh acquisition. The company announced that it is now the holder of the exclusive rights for the All Rebels Rockers dispensary license in Arizona, which… Read More→
Is Aurora Cannabis the Titanic of Marijuana Stocks? January 28, 2020 AggregatedNews Cannabis Investments 0 Comments Comparing any stock to a ship probably isn't the best analogy. However, I couldn't help thinking of the Titanic after seeing some of the headlines over the last couple of months about Aurora Cannabis (NYSE: ACB). For example, in December one analyst declared a one-year… Read More→
Are Marijuana Stocks Suddenly in Delisting Danger? November 22, 2019 AggregatedNews Cannabis Investments 0 Comments At this time last year, cannabis stocks were one of the hottest investments on Wall Street. That's because Canada, just a month earlier in Oct. 2018, had become the first industrialized country in the modern era to legalize recreational marijuana.… Read More→
Tilray (TLRY) 3rd Quarter Earnings: What to Expect November 12, 2019 AggregatedNews Cannabis Investments 0 Comments Can marijuana stocks fly high again? It’s been a rough year for the cannabis industry as doubts over legalization has caused investors to rethink interest in the sector. And Tilray (TLRY), which had a stock price of $140 a year… Read More→
Marlboro maker said to be in talks to buy Canadian marijuana producer December 3, 2018 AggregatedNews On the Move 0 Comments Marlboro cigarette maker Altria Group Inc. is in early stage talks to acquire Canadian cannabis producer Cronos Group Inc., as it seeks to diversify its business beyond traditional smokers, people familiar with the matter said on Monday. Canada this year… Read More→
A Cannabis Company Is Set To List On NASDAQ For The First Time February 27, 2018 AggregatedNews Banking, Finance & Real Estate 0 Comments A major Canadian licensed weed producer has obtained approval from the Securities and Exchange Commission to begin trading on the NASDAQ — it will be the first marijuana company to be listed on a U.S. stock exchange. Cronos Group, which… Read More→
Here’s Why MassRoots Got Rejected by the NASDAQ May 25, 2016 AggregatedNews Banking, Finance & Real Estate, News & Insights 0 Comments This week, MassRoots Inc. (MSRT), one of the biggest and fastest expanding technology platforms for the marijuana industry, received notification that NASDAQ had denied the Company's application for listing. MassRoots, which launched in 2013, models itself as a Facebook for cannabis… Read More→
NASDAQ Rejects MassRoots Bid to List Itself on the Exchange May 24, 2016 AggregatedNews Banking, Finance & Real Estate, News & Insights 0 Comments MassRoots, which operates a social network for marijuana enthusiasts, is crying foul over Nasdaq's decision to reject its request to sell stock on its exchange. Nasdaq cited concerns that law enforcement could consider the company as aiding and abetting the… Read More→