Author: Alan Brochstein, CFA
Each year, Inc. Magazine compiles a list of “30 Under 30”, featuring CEOs who are “taking on the planet’s biggest challenges, one elegantly creative solution at a time.” This...
While medicinal cannabis is federally legal in Canada, patients, until now, had to order from one of the licensed producers (LPs) and wait for it to arrive in the...
Financially-strapped protection provider to the cannabis industry Blue Line Protection Group (OTC:BLPG) has found an investor in Hypur Ventures, LLC, according to an SEC filing that included a press...
The National Cannabis Industry Association (NCIA) announced the results of the election for the Board of Directors. The board consists of 22 members who serve two-year terms, with the election staggered....
Co-founder, President and CEO Paul Rosen has resigned from PharmaCan Capital (TSXV:MJN). Rosen, a pioneer in the Canadian cannabis industry, created a merchant bank to invest in the industry...
Boulder-based Surna (OTC:SRNA), which makes equipment for controlled environment agriculture (CEA) and serves the cannabis industry, reported sales of $2.5mm in the first quarter, up from $819K a year...
Oakland-based Gateway Incubator launched last November, with initial funding provided by MJIC. The size of the investment was never disclosed, but it was intended to cover up to $600K of investments...
Health Canada, which oversees the Canadian medical cannabis program, MMPR, reported data for the quarter ending 12/31/15 today. The number of patients enrolled in the program grew 29.9% from...
Publicly-traded Timberland Bancorp (NASDAQ: TSBK) is the holding company for Timberland Bank, which opened for business in 1915 and serves consumers and businesses across Grays Harbor, Thurston, Pierce, King, Kitsap and...
Most investors understand the importance of listening to quarterly conference calls, as companies will often reveal important information in either the prepared remarks or the Q&A that follows that isn’t conveyed...
The Auditor General of Canada presented the results of five audits to Parliament today, one of which covered Veterans Affairs Canada: Our Spring reports also provide the results of our most...
The National Cannabis Industry Association (NCIA), the cannabis industry’s only national trade association, opened voting today for its Board of Directors. The Board has twenty-two Directors, each of whom serves...
OrganiGram (TSXV:OGI) (OTC:OGRMF) soared 59% in April and is leading the Canadian LP YTD, with its stock up 29% through the end of April. Shareholder returns appears to be...
AmeriCann (OTC:ACAN), based in Denver, announced this morning that it intends to convert to real estate investment trust (REIT) status, which, if it occurs, would be a first for the cannabis...
Pineapple Express (OTC: PNPL) was suspended by the SEC this morning. The company, which is a member of the 420 Investor Cannabis Stock Index (as of 3/31/16), is a...
Chris Male of Anslinger Capital shared something today with our almost 4000 member LinkedIn group, Cannabis Investors & Entrepreneurs, that was just too good to be true. I dismissed it incorrectly...
Two months ago, cannabis stocks, as measured by the 420 Investor Cannabis Stock Index, were down in the dumps. At their trough, the index, which currently has 27 members (based...
Mettrum (TSXV:MT) announced this morning that it has raised at least $5mm through a “bought” offering led by underwriter Cormark Securities, which has agreed to purchase 3.334mm shares for...
While Mettrum (TSXV:MT) is one of the leading licensed producers in Canada’s MMPR program, with revenue in its FY16-Q3 (December 2015) exceeding $2mm, the company has been relatively quiet over the...
The Pueblo City Council met on April 11th and approved Resolution M-3, which will delay the closing of a deal with CBD BioSciences by four months. The $8mm deal was announced in...
Mackie Research Capital Corporation (MRCC), one of Canada’s largest independent full service investment firms with roots back to 1921, has issued its premier report on the Canadian cannabis market. The report’s...
Legalized cannabis opens up all types of entrepreneurial activivities, but 420 Tours Las Vegas, which helps get out-of-state visitors access to a “top-shelf” experience when visiting, provoked a letter from the...
MassRoots (OTCMKTS:MSRT) surged almost 23% today, with the 1.61mm shares traded setting a record. Over the past year since it began trading on April 9, 2015, the prior high...
On the heels of a massive move in its stock so far in 2016, Terra Tech (OTC: TRTC) has filed a preliminary proxy and a preliminary prospectus with the...
Following controversy regarding the accuracy of mandated cannabis lab tests and a public call for action by Steep Hill, Washington State Liquor & Cannabis Board (WSLCB) has imposed emergency...
