A blog chronicling the evolution and implementation of cannabis laws in the United States
Welcome back to The Week in Weed, your Friday look at the world of legalized marijuana.
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
Welcome back to The Week in Weed, your weekly look at all things legalized marijuana.
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
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
