Risk Rises for U.S. Cannabis Penny Stocks

The publicly-traded cannabis stocks have enjoyed an immense rally that began on 9/1, fueled by speculation regarding this week’s legalization ballot initiatives in Arizona, California, Maine, Massachusetts and Nevada along with...
- November 6th, 2016 at 12:08 am

Cannabis Companies Attract Angel Investors

The cannabis industry is booming, but, for a variety of reasons, institutions are not yet able to invest in companies operating within it as long as it remains illegal...
- November 5th, 2016 at 8:54 am

Privateer Holdings Raises $40mm in $100mm Financing Round

Reuters reported that cannabis-focused private equity firm Privateer Holdings has launched a $100mm capital raise, closing on the first $40mm. The firm last raised capital in early 2015, attracting...
- November 4th, 2016 at 7:42 am

Insiders Dump Cannabis Stocks

Cannabis stocks have rallied dramatically in the past two months, with the Cannabis Stock Index more than doubling from the end of August, rising 136% from 33.16 on 8/31 to...
- October 31st, 2016 at 9:45 am

Tokken Attacks Cannabis Cash Problem

Denverite profiled Tokken as startup of the week. The company, based in Denver, is focused on one of the major challenges the cannabis industry faces: Cash transactions. The company...
- October 27th, 2016 at 12:55 pm

Dixie Brands Launches in Nevada

With its partner’s facility opening earlier this month, Dixie Brands cannabis infused products will soon be available in the Las Vegas market. Silver State Wellness is manufacturing more than 20...
- October 25th, 2016 at 4:39 pm

Eaze Completes $13mm Capital Raise

Eaze Becomes the Most Funded Marijuana Technology Company With $25M Total Funding Eaze Raises $13 Million Series B to Scale Medical Marijuana Delivery Technology SAN FRANCISCO–(BUSINESS WIRE)–October 24, 2016...
- October 24th, 2016 at 8:14 am