Sentences with phrase «cannabis companies in»

Bottom line: The company — which is one of the largest privately held cannabis companies in Canada — will issue between 20.5 million and 27.4 million units, made up of a common share and a half - share purchase warrant, at $ 3.65.
Gleneagle Gold will make a second attempt at a reverse takeover with plans to buy a local unlisted medical cannabis company in a deal worth about $ 8 million.
The startup's secret sauce is a software platform that audits a cannabis company in its entirety, shifting through documents and state licenses, financial statements, tax returns, property leases, and more, to ensure it is legal and legitimate.
January 2017 Michael Gorenstein of The Cronos Group, a publicly traded cannabis company in Canada, shares incredible insights at every stage of the cannabis business: growing, manufacturing, branding, research, investing, and more.
After opening his own restaurant and record label, the son of Bob Marley started a cannabis company in 2014.

Not exact matches

«There is a material risk that if the Obama era policies regarding cannabis are not followed, our business could end and investors could lose their total investment in our Company,» wrote The Marijuana Company of America.
A new CEO abandoned the company's profitable niche in Colorado to focus on cannabis distribution in California.
Six of the marijuana companies filed documents mentioning Attorney General Sessions specifically, who has been outspoken in his opposition to legalized cannabis.
In its 2017 State of Cannabis report released earlier this year, California marijuana delivery company Eaze reported that edible sales have increased as more people learn best practices for proper dosing.
This dissonance is leading to a boom in the cannabis compliance industry, with startups offering to help companies navigate federal laws and regulations.
A Canadian company called IC Potash changed its name last year to Belgravia Capital International, and intends to produce specialized fertilizers for cannabis firms and form partnerships with growers in Canada and the U.S. Belgravia also proposes to use «blockchain technology software» to track seed sales and quality.
Lerer Hippeau recently led an investment in a cannabis media company out of Canada.
MedMen, the cannabis company with west coast locations from Los Angeles to Las Vegas, wants its flagship store in New York City to contribute to their larger goal of destigmatizing use and moving beyond «stoner culture.»
Tiger Global is diving into cannabis with an investment in marijuana compliance software company Green Bits.
On top of the risk of federal prosecution, IRS targeting and asset seizure, cannabis entrepreneurs have to cope with the hazards of conducting a business that deals mostly in cash, since a majority of traditional financial institutions — banks, credit card issuers, and payment transaction companies — won't provide services to the industry.
Brendan Kennedy, the cofounder of Privateer Holdings, which owns various marijuana companies like Marley Natural and Canadian pharmaceutical - grade cannabis producer Tilray, says his companies are expanding abroad while the U.S. Drug Enforcement Agency and the Food and Drug Administration debate whether or not to treat the plant as a medicine or keep it in the same category as heroin.
This U.S. venture capital company invests in numerous business segments, including its foray into RegTech thanks to Managing Partner Wayne Kimmel's decision to put money into KIND Financial, a regulatory and compliance platform for the cannabis industry and for the government to monitor those businesses.
Shares in TW Holdings slumped sharply today after it announced a backdoor listing of medical cannabis company AusCann Group Holdings, the second deal of this type involving members of the Washer family.
-- Melissa A. Vitale, founder of Melissa A Vitale PR, a PR firm specializing in top - tier media placements that hit six - figure revenue in its first six months, with clients including Fortune 500 companies and startups across A.I., sexual wellness, and legal cannabis
The developer of a gun safety device has become the fifth Israeli company in the technology or medical cannabis sectors to pursue a listing on the ASX through either an IPO or a reverse takeover of a moribund WA mining company.
Take Canopy, for example, the highest - valued Canadian cannabis company and one whose shares move in lockstep with the headlines.
A wearable technology company founded by Perth entrepreneur Justin Miller and an Israeli medical cannabis company are the latest businesses planning to join the rush of backdoor listings on the ASX, though the news is not all positive with Voyager Global Group becoming the seventh company forced to cancel an announced deal in the past 18 months.
«I don't think it's realistic for Trump to wage an all - out war against recreational marijuana,» says Aaron Herzberg of CalCann Holdings, a portfolio of cannabis companies and brands in California.
He founded his company Weedmaps, a sort of Yelp for marijuana dispensaries, in 2008, and now serves on the board of directors for the National Cannabis Industry Association, the Marijuana Policy Project and the National Organization for the Reform of Marijuana Laws, which most people know as NORML and for which he also serves as treasurer.
Canada's Cannabis Boom is creating a $ 30 Billion Investment Opportunity for investors and this small company could explode upwards in the next few weeks as investors start to flock to the space.
Even though medical marijuana is legal in California, cannabis companies are still at risk of being shut down because the laws are still being developed.
(In the fragmented, state - regulated cannabis market, it is illegal for companies to ship marijuana products out of state.
Smoke also blanketed huge swaths of Northern California last week, which presents a more widespread concern for the marijuana industry, according to Nick DiNicola, whose company, DiNicola Insurance Services, brokers insurance for companies in the cannabis space.
Today there are about 300 publicly traded cannabis companies vs. just 13 in 2013.
Still, cannabis companies have been ramping up their marketing efforts in recent months to get consumers better acquainted with their brands and offerings now, using innovative tactics such as releasing cannabis - inspired but drug - free products and bringing on celebrity investors.
Aside from technology, the company is also expected to benefit from a contract it landed with the Ontario government, which said earlier this week that it would use Shopify's e-commerce platform for cannabis sales online and in stores as part of its plan to be the province's sole distributor of legal recreational marijuana.
It added that the regulator has also told the company in a letter dated Feb. 8 that Maricann chief executive Ben Ward is the subject of an investigation into his activities while he was CEO of Canadian Cannabis Corp., a wholly unrelated company.
Finance Minister Carlos Leitao said more than 42,000 kilos of cannabis would be produced in Quebec, even if five of the six companies named in the deals are headquartered in other provinces.
Sun Life will also conduct periodic reviews of the growing body of clinical research supporting the use of medical cannabis for other conditions, and update its criteria if necessary, the company said in a document updating their client base of 22,300 plan sponsors.
On Jan. 24, the company announced a proposed acquisition of all outstanding shares of Haxxon AG, a cultivator of female hemp cannabis flowers based in Regensdorf, Switzerland.
The deal, which was targeted to close on March 30, would allow Maricann to produce cannabis flowers in Switzerland that would then be manufactured into products such as cannabis vape cartridges, the company said at the time.
The company has a dozen edible offerings and hundreds of dispensaries in California, Arizona, Nevada, and Illinois — and nabbed a «best edible» award at the San Francisco and Los Angeles High Times Cannabis Cup in 2013.
The burgeoning real estate market tied to marijuana also has led to companies specializing in listing commercial property that can be used for the cannabis industry.
Gertner got back into the cannabis business in 2014 with PharmaCan (now Cronos Group), a holding company that acquires or buys minority positions in licensed Canadian marijuana producers.
Here's how Lorne Gertner, described as the «godfather of the Canadian cannabis industry» on the websites of multiple pot companies he's involved in, sees Canada's cannabis industry developing.
Arcview Market Research has positioned itself as among the foremost companies in interpreting analytical data on the sale and distribution of cannabis.
«We began selling online in early 2016 and often times processors consider companies «high - risk», even though they don't sell physical cannabis product.»
Much like BMW and Mercedes - Benz have become status symbols among car owners in certain circles, a German pipe company has become the benchmark for cool in the cannabis paraphernalia industry.
The company developed alternative delivery systems for cannabis — vape pens, patches, listerine strips, and gums — and acquired a stake in Prairie Plant Systems, which had won the single - source Health Canada contract to supply the substance.
On Monday, Constellation Brands — which sells Corona and Modelo and is the third - largest beer company in the US — announced it had acquired a 9.9 % stake in the Canadian cannabis holding company Canopy Growth.
Brendan Kennedy, the cofounder of Privateer Holdings, which owns various marijuana companies like Marley Natural and Canadian pharmaceutical - grade cannabis producer Tilray, explains how Tilray is already exporting marijuana to countries like Croatia and Australia for use in clinical trials.
Former Philadelphia real estate broker turned developer David Dinenberg (he worked with David Grasso on the Valley Square center in Bucks) says he has raised $ 2 million, from investors including Lindy Snider, daughter of Comcast Spectacor chairman Ed Snider, for his firm Kind Financial, a Los Angeles company that bills itself «the financial solutions platform provider for the quickly - growing legal cannabis industry.»
In Oregon, all - cash investors rushed into buy 10,000 - to 30,000 - square - foot buildings in 2014, Brooks said, with the plan of renting them to cannabis companies upon legalizatioIn Oregon, all - cash investors rushed into buy 10,000 - to 30,000 - square - foot buildings in 2014, Brooks said, with the plan of renting them to cannabis companies upon legalizatioin 2014, Brooks said, with the plan of renting them to cannabis companies upon legalization.
Shares in two of Canada's three largest cannabis companies were halted on the Toronto Stock Exchange on Thursday.
Banks and insurance companies refuse to do business with cannabis companies because marijuana is illegal under federal law and most financial institutions are federally insured, forcing marijuana businesses to operate in cash.
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