As election day draws near, proposed laws which would permit recreational or medical use of marijuana are on the ballot in nine states. Riding the wave of the legalization movement–in addition to the nine states with legalization measures currently on their ballots, four states have already legalized recreational marijuana and 25 states currently permit medical use–business interests are lining up to service the potentially burgeoning cannabis industry, and one company in particular is poised to take a marijuana-related business model public and mainstream.
Continue Reading Trick or REIT: A Marijuana-Focused Real Estate Company is Going Public, but will NYSE be on Board?
Investment/Venture Capital
The Week in Weed: June 24, 2016
Welcome back to The Week in Weed, your Friday look at the world of legalized marijuana.
- Microsoft makes bold move into marijuana biz
(USA Today, 17 June 2016)
Microsoft is welcoming marijuana compliance company Kind Financial onto its Azure Government cloud platform, marking a legitimizing first for the legal cannabis business while positioning the technology giant at the vanguard of…
Continue Reading The Week in Weed: June 24, 2016
The Week in Weed: June 10, 2016
Welcome back to The Week in Weed, your weekly look at all things legalized marijuana.
- Chart of the Week: Snapshot of Increased Investment Activity in the Marijuana Industry
(Marijuana Business Daily: News, 6 June 2016)
The cannabis industry is becoming increasingly attractive to investors, who are pumping more money than ever into marijuana companies. One indication of the increased…
Continue Reading The Week in Weed: June 10, 2016
The Week in Weed: May 27, 2016
Welcome back to The Week in Weed, your weekly source for news about legalized marijuana.
- A Republican Congressman Admitted to Using Medical Marijuana While in Office
(Fortune, 25 May 2016)
He’s a medical pot advocate with arthritis. He’s also the first Congressman to admit to marijuana use while in office.
- Medical marijuana legalization sent to Ohio governor
(Albany Democrat
The State of Crowdfunding in the Cannabis Industry
First Canadian Marijuana Crowdfunding Platform Launched
On March 2, Ascenta Finance Corp., a licensed exempt market dealer, and KoreConX Corp., a company that specializes in crowdfunding, launched Bay Street Cannabis (“Bay Street”), Canada’s first online equity crowdfunding portal dedicated to the cannabis sector. Bay Street provides public and private legal cannabis and cannabis-related businesses with access to investors. Like the U.S., Canada’s laws have recently made it possible for Canadians to purchase securities of cannabis companies. The Canadian cannabis sector is clearly moving into the future financing, but what about the U.S.?
Continue Reading The State of Crowdfunding in the Cannabis Industry
The Week in Weed: April 1, 2016
Welcome back to The Week in Weed, your essential reading for the latest marijuana news – no fooling!
- Only A Few Public Companies Really Focus On Developing Medical Marijuana: Here’s A List (Seeking Alpha, 30 March 2016)
The medical marijuana industry is relatively small in the United States, but is increasing rapidly. This article provides a list of investment opportunities…
Continue Reading The Week in Weed: April 1, 2016