Author: Alan Brochstein, CFA
CannTrust Holdings, the parent of Canadian licensed producer CannTrust, has filed a preliminary prospectus detailing its offering of 12.5841mm Special Warrants at $2 per warrant, for $25.2mm in gross...
The Canadian cannabis sector’s largest IPO to date is a dud. The $100mm MedReleaf (TSX: LEAF) IPO was priced at $9.50 but opened for trading at $7.51 before trading...
As the U.S. cannabis industry has evolved over the past few years, so has the market for publicly-traded cannabis stocks. In 2014, very few publicly-traded companies were reporting substantial...
Laidlaw & Company, which underwrote the recent IPO for Therapix Biosciences (NASDAQ: TRPX), has initiated research coverage of the company, giving it a “Buy” rating and suggesting a price...
Berkeley-based cannabis testing lab Steep Hill extended its presence in California and also entered a new market, the Southeast, opening a full-service lab in Arkansas, which approved medical cannabis...
After initially filing its preliminary prospectus in April, ACMPR licensed producer MedReleaf (TSX: LEAF) has filed the final prospectus for its $100.7mm initial public offering and secondary offering, selling shares...
First Trust Files Prospectus for FT 6766 Medical Cannabis Portfolio Series Illinois-based fund manager First Trust, which manages over $100 billion in aggregate across a range of retail and...
Innovative Industrial Properties (NYSE: IIPR), which also announced the closing of a cultivation and processing facility in Maryland, has declared its initial dividend. The company will pay $0.15 per share on July...
The National Cannabis Industry Association (NCIA) held its annual elections to fill 11 of the 22 board seats. 33 candidates ran for election. All eight incumbents were reelected to...
Health Canada has updated its website, indicating that it has awarded the 44th ACMPR license to Ontario-based First Access Medical, which is owned by Beleave, Inc. (CSE: BE) (OTC:...
Montel Williams, a long-time medical cannabis advocate who has used it to help manage his Multiple Sclerosis since 2000, has created a company that is trying to address a...
BNN hosted the CFOs of Canopy Growth (TSX: WEED) (OTC: TWMJF), its partially owned subsidiary, Canopy Health Innovations, and Emblem (TSXV: EMC) (OTC: EMMBF) on Money Talk on May...
General Cannabis (OTC: CANN) is one of the 26 cannabis-related companies I follow most closely at 420 Investor as part of my Focus List, and I continue to be cautious on...
The cannabis industry continues to attract new entrants every day, with many starting their own businesses and others joining established ones. Just yesterday, for example, KIND Financial announced that...
A current marketing campaign by start-up media publisher Civilized strikes us as remarkably irresponsible. The company, which recently raised $1mm in a Series A round, appears to be violating Canadian...
Canadian LP Aphria (TSX: APH) (OTC: APHQF), which purchased a 6mm share stake in Canabo Medical Corp (TSXV: CMM) (OTC: CAMDF) at $1.40 per share in December, has sharply reduced...
Readers of New Cannabis Ventures likely recall how we alerted to the huge opportunities in Canada last June, and the Canadian market continues to evolve as a leader in the...
After filing its preliminary prospectus for its pending IPO last month, MedReleaf revised it on May 9th, sharing a lot more information. The Canadian cannabis deal, underwritten by GMP...
Exclusive Interview with Cannabis Wheaton CEO Chuck Rifici With Canada potentially facing a substantial undersupply of cannabis product next year as the market becomes legal for adults, licensed producers...
Following the success of the first cannabis-focused exchange-traded fund (ETF), the Horizons Medical Marijuana Life Sciences ETF (TSX: HMMJ) (OTC: HMLSF), which has quickly exceeded C$120mm in assets since...
Australia is a small but emerging medical cannabis market that has captured a lot of investor attention recently. Several publicly-traded companies have been rallying in 2017, and the first...
One of the big challenges for those investing in the cannabis industry or joining it as an entrepreneur or service provider is getting up to speed with the critical...
Last summer, New Cannabis Ventures reported on a crowdfunding cannabis company in California, Cultivation Technologies, Inc., making bold claims about a project in Coachella that it was touting as...
Texas, which signed its Texas Compassionate Use Act on June 1, 2015, has awarded three conditional licenses to cultivate, process and dispense low-THC cannabis to intractable epilepsy patients. Of...
The National Cannabis Industry Organization (NCIA) opened voting today for its Board of Directors. The Board has twenty-two Directors, each of whom serves a two-year term, and each year NCIA members...
