Cannabis

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...

Dip in Shares of Aurora Cannabis Creates an Opportunity Investors should brace for the steady decline in cannabis stocks to continue in the near term. So long as stock markets decline, fueled by trade tensions between the U.S. and China, markets will have little appetite for risk. Those include companies that are spending to expand but are not yet profitable...

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...

Hemp-Derived CBD Company to Benefit From Multiple Industry Trends The cannabis industry is growing worldwide and cannabidiol (CBD) is a huge part of its success. In the U.S., the most positive estimates predict that the hemp-derived CBD market alone could reach $22 billion by 2022. This expected growth will be spurred, in part, by the legalization of hemp-derived CBD via...

Is Joe Biden Good For Cannabis Industry ? Former Vice President Joe Biden has announced he is throwing his hat in the ring as a candidate in the 2020 Democratic Presidential Primary. The grey haired politician made an appearance on the View last week with all the scripted emotional drama of an E Entertainment “reality show”, the cheers, the hugs and the...

Cannabis Execs Pitch Investors In Toronto; iAnthus CFO Says Market Will Grow To Same Magnitude As Alcohol Investors heard from dozens of top cannabis executives April 17-18 at the Benzinga Cannabis Capital Conference in Toronto. Lift & Co Lift & Co Corp plans to leverage his company's leadership position as a trade marketing platform in Canada to fuel an international expansion, said Matei Olaru, the...