Month : January 2018

Current News Health

World’s First CBD Store Set to Open in Las Vegas

Seay word
Buy Legal Med’s is the world’s first Cannabidiol (CBD) based retail store, which is set to open today in Las Vegas, Nevada. The store will be selling edibles, tinctures, oils, cosmetics, balms, smoothies, topicals, and yes even pet products. All products developed for the store are being processed and manufactured...
Current News Market Watch Uncategorized

Bank of Montreal Approves of 175$ Million Transaction with Canopy Growth Corp (TSX: WEED)

Seay word
Banking in the cannabis and industrial hemp industries has just gotten easier with the recent move from Canopy Growth Corp (TSX: WEED). The Bank of Montreal (NYSE: BMO), with a revenue of $19.19 billion dollars in 2016, is the first major financial institution to finance a publically traded company in...
Current News Global

Cannabis Wheaton Invests in Uruguay CBD Operation

Seay word
Cannabis Wheaton (TSX: CBW) announced yesterday plans to invest $15 million dollars to acquire 80% of Uruguaya based company Inverell, who produces high CBD industrial hemp and low THC cannabis in the country’s capital. The transaction will also include $2 million in cash, plus an additional $3.5 million worth of...
Current News Market Watch Uncategorized

Canadian Company Aphria Purchases Nuuvera for $826M to Create International Powerhouse

Seay word
Aphria (TSE: APH, a leader in medical cannabis in Canada, has purchased the international cannabis company Nuuvera (CVE: NUU) for US$669 million dollars in a stock and cash deal which will create another powerhouse company in the cannabis space. Nuuvera already has operations setup in England, Germany, Israel, Italy, Spain,...
Current News Market Watch Uncategorized

Cannabis Based Companies in California

kristen fisher
California is a huge state that is making a lot of promises. Right now, cannabis is at the forefront of their economy that could change everything. As a manufacturer or a grower, these companies could be beneficial to you, that is if you live within the state. While this list...
Politics

California Governor Says the State Could Receive over $600 Million Tax from Recreational Cannabis

Seay word
Last week, California Governor Jerry Brown told the press that California could receive close to $643 million dollars in the first year alone of taxation on recreational cannabis. With the states total debt coming out to over a trillion dollars in 2017, the start of legally taxed cannabis for the...
Current News Market Watch Uncategorized

Canopy Growth Corp Announces $50M Venture Capital Fund for Growing Cannabis Businesses

Seay word
Canopy Growth Corporation (TSE: WEED) announced today the launch of a new subsidiary, Canopy Ventures, Inc. which is a $50-million-dollar venture capital fund that is going to target investments into small business in the cannabis and industrial hemp industries. The company mostly plans to focus their investments into technology based...
Cash Crop 150

10 Privately Owned Cannabis Companies

kristen fisher
Privately owned cannabis companies that are changing and improving the way the cannabis industry is operated. 10.) HydroLogic Purification Systems – Located in Santa Cruz, CA Deals with water purification $7.5 – $9.99 Million annually Employs 17 individuals Privately financed 9.) Bhogart – Located in San Jose, CA Extraction Equipment...
Current News Global

MedMen Plans to Go Public in Canada

Seay word
MedMen is a Los Angeles based management and investment cannabis company that helps operates growing and manufacturing facilities, as well as recreational cannabis stores in legal states in the United States. MedMen, a United States based private cannabis company, now plans to take their private company public by listing the...
Cash Crop 150

10 Packaging Based Cannabis Companies and Their Annual Revenue

kristen fisher
Packaging may be the biggest selling point when it comes to cannabis, especially edible cannabis. There must be some kind of signature the company creates to build a name for themselves. We will start with the 10 companies listed below: 10.) The Bureau – Located in Miami, FL Crafts and...