Marijuana Stocks & Publicly Traded Cannabis Companies

Canadian MJ firms that do business in US could lose TSX stock listing

The parent company of Canada’s largest stock exchange said that marijuana companies that do business in the U.S. cannabis market could possibly be delisted. The TMX Group, parent of the Toronto Stock Exchange and the TSX Venture Exchange, issued a notice to listed companies that provided clarity regarding the application of its rules for companies in […]

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MassRoots in turmoil after CEO ouster; CannaRegs scuttles planned $12M merger

By Omar Sacirbey

Turmoil and uncertainty are swirling around MassRoots, the once high-flying canna-centric social media and tech firm, after the company’s board fired founder and CEO Isaac Dietrich.

The news already has triggered fallout for MassRoots: The Denver company’s planned $12 million acquisition of tech company CannaRegs has been scrapped.

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AmeriCann gets $10M raise for Massachusetts MMJ project

Denver-based AmeriCann announced that it has secured $10 million in equity financing to help finalize the build-out of a massive Massachusetts medical cannabis cultivation operation. The financing, from Mountain States Capital, will be mostly used on the company’s “flagship project,” a 1 million-square-foot multi-building MMJ cultivation and processing center in Freetown, 47 miles south of […]

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GW Pharma plans to expand marijuana operations in UK

One of the world’s biggest marijuanas companies – GW Phamaceuticals – is poised to get even bigger. The company announced that it’s planning an expansion in the United Kingdom, including the cultivation and processing of non-psychoactive cannabis, The Telegraph of London reported. GW Pharma’s plan stems from “anticipated demand” for a CBD-based drug, Sativex, designed […]

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MassRoots acquires CannaRegs in $12 million stock deal

Cannabis social media platform MassRoots announced Wednesday it has acquired CannaRegs, a website dedicated to helping marijuana companies stay on top of ever-changing industry regulations. MassRoots – which trades on over-the-counter markets under the ticker symbol MSRT – purchased CannaRegs in a stock deal valued at roughly $12 million, according to a news release. CannaRegs is […]

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Canadian cannabis stocks take hit after report

Shares of the five licensed cannabis companies that trade on the the Toronto Stock Exchange were down Friday after reports surfaced that it could become harder for investors to deal in the shares of Canadian marijuana firms with U.S. assets. According to the Globe and Mail, Canadian Depository for Securities (CDS) – a clearinghouse owned by the […]

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Oregon marijuana testing company expands into Florida

Signal Bay – a marijuana-focused holding company in Bend, Oregon – has expanded its marijuana testing division to Florida through a licensing agreement with a Fort Lauderdale-based holding company, Kaycha Holdings. Through the agreement, Signal Bay subsidiary EVIO Labs will operate under the EVIO Labs brand, according to a news release. EVIO also has cannabis […]

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Report: Cannabis magazine High Times to go public

High Times Holding Corp., the company behind High Times Magazine and other assets, reportedly plans to go public in October, a move that would make it the first U.S. marijuana-focused company to list on the Nasdaq Stock Market. Private equity firm Oreva Capital bought a controlling stake in High Times in June and will sell […]

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Cannabis social media platform MassRoots raises $1.2 million

MassRoots – a popular marijuana-focused social media platform based in Denver – has closed a $1,217,000 private placement of common stock and warrants. The transaction follows the company’s late-May report in a financial filing that it was running low on capital and would need to raise $5 million in the next year to stay in business. Chairman […]

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Canadian cannabis grower to trade on Toronto Stock Exchange

Aurora Cannabis Inc. will become the fifth marijuana company on the Toronto Stock Exchange when its shares begin trading there Monday, the latest sign that Canadian MJ businesses are joining the mainstream. Vancouver-based Aurora joins Aphria, Canopy Growth, CanniMed Therapeutics and MedReleaf on the TSX, Canada’s largest exchange. The five companies have a combined market capitalization of over 4 […]

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