Sentences with phrase «up cannabis companies»

He described himself as an investor who has had financial holdings in start - up cannabis companies, including some that bid several years ago on the first round of licenses to grow and sell medical marijuana in New York.

Not exact matches

It's possible that some tobacco behemoths would buy up existing cannabis companies, but Clayton notes that «the chance of a takeover is never really a good reason to buy a stock.»

But when former President Obama issued a memo during his term that encouraged banks to do business with the marijuana industry, this loosened up access to both some banks and payment processors for cannabis - related companies.

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.

The Mettrum discovery was made recently, when a random screening of the company's products by Health Canada turned up the unauthorized use of pyrethrin, a pesticide derived from the chrysanthemum plant that is also not approved for medical cannabis.

In the run - up to Canada's planned legalization of recreational pot this summer, cannabis companies such as Canopy have been on a fundraising tear

Canopy Growth Corp. reported Tuesday that it took a $ 1.6 - million loss in its fiscal second quarter, a slip that comes as the Smiths Falls, Ont. - based medical marijuana company gears up for Canada's planned legalization of recreational cannabis and basks in a ground - breaking deal with a U.S. - based beer giant.

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.

The looming legalization of recreational marijuana is helping spur a green rush by more than a dozen companies setting up cannabis production facilities in the greater Edmonton region, including one in Strathcona County.

Entrepreneur Shane Yeend is backing a medicinal cannabis company and wants a Donald Trump - style shake - up in SA to fire up a stale bureaucracy.

Compassion has driven a push to legalise the medicinal use of cannabis but debate is raging about whether big pharmaceutical companies, small start - ups or backyard growers will win the lucrative right to supply what could be a big market.

The CEO for Molson Coors has said the company is studying the cannabis market, but has warned the drinks industry not to get caught up in an «adrenaline rush» over the nascent category.

The company is a product of Dr. Kyle Kingsley, who also owns and operates Minnesota Medical Solutions — a medical cannabis company already up and running in that state.

In Washington, New York Senator Chuck Schumer is talking up a Federal legalization bill, and former pot opponent John Boehner, long time Republican Speaker of the House has joined the advisory board of Acreage Holdings, a company that cultivates, processes and dispenses cannabis in 11 U.S. states.

As more and more states legalize and the Fed continues to lighten up on prohibition, other cannabis and cannabis - related companies will start to list on the Nasdaq and even the NYSE.

If Fibonacci's results live up to their marketing, the company's impact on the cannabis market could be enormous.

Vancouver - based Aurora Cannabis Inc. builds its own facilities from the ground up so that the company can «precisely control all variables,» chief corporate officer Cam Battley said in an interview.