Cannabis

Washington D.C. — The Securities and Exchange Commission will hold a virtual event on April 28 along with the North American Securities Administrators Association (NASAA) and the AARP to examine the latest challenges and issues affecting the senior investor community. The Older Investor Roundtable will include panel discussions geared toward older investors, consumer advocates, and financial professionals nationwide as topics...

Washington D.C. — The Securities and Exchange Commission today announced that it updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 58 soliciting entities, 11 impersonators of genuine firms, and one bogus regulator. The SEC’s list of soliciting entities that have been the subject of investor complaints, known as the Public Alert: Unregistered...

Dallas (TX), March 25, 2022 (GLOBE NEWSWIRE) -- ACI Conglomerated, the majority shareholder of North American Cannabis Holdings, Inc. (OTC Pink: USMJ), Puration, Inc. (OTC Pink: PURA) and Priority Aviation, Inc. (OTC Pink: PJET) today expressed optimism for the potential impact of federal marijuana legalization on the three holdings. House lawmakers are expected to vote next week on the Marijuana...

SEC’s Investment Rule Updates and Cannabis Fundraising Recently the SEC updated its rules to simplify the patchwork of regulations to help companies in fundraising mode. This matters to cannabis companies of all types, especially those that want to utilize the available federal exemptions in their securities offerings. In the SEC’s own words, “These amendments will promote capital formation and expand investment opportunities while...

Pores and skin oncology remedy producer MedC Biopharma Corp. is launching its $3 million non-public placement providing. The corporate identified for numerous merchandise with cannabinoid and different pure elements launched the non-public placement by way of the DealSquare platform, which is supported by NEO and DealMaker expertise. DealSquare is an automatic platform that permits capital raisers to launch their non-public placement gives, and...

MORE Act Passes Home Vote In 'Large Step' For Hashish Reform, However Falls Quick On Restorative Justice The Home voted to move the MORE act on Friday, a chunk of laws that would successfully decriminalize marijuana on a federal degree. “The US Home of Representatives—the individuals’s home—has taken an enormous step in the direction of science, purpose and justice,” stated to...

Aurora Cannabis stock slammed by executive departure and insiders selling Jefferies downgrades Aurora stock to hold from buy and says path to profitability is further away than expected. Aurora Cannabis Inc.’s U.S.-listed shares slid 8% Monday, after the company announced the exit of a key executive, amid insiders selling stakes, dilutive financing moves and questions about the company’s path to profitability. The...

How The JOBS Act 3.0 should boost Marijuana Investment The tsunami has all but ended in a defeat for many investors and companies. There is finally good news. The JOBS Act 3.0 The jobs act 1.0 and 2.0 delivered a disruption to investing and helped propel small businesses into multimillion dollar companies.  The great rush of Reg. A and Reg. D...

Marijuana Set to become Legal in Illinois On Friday, Illinois lawmakers approved recreational marijuana legalization. This delivers another huge  step in nationwide recreational legalization in one of the biggest markets in the US. Marijuana Investors will see another huge market open in 2020, helping build momentum in the Cannabis Markets. Illinois will set another new bar for nationwide legalization of Marijuana. The highly contention...