Day : March 1, 2018


New Colorado Marijuana Bill Allows for Publicly Traded Owners

House Bill 1011, “Marijuana Businesses Allow Publicly Traded Owners,” on Wednesday passed the House Finance Committee on a vote of 8 to 5.  The bill, if passed into law, would open the doors for out-of-state individuals and publicly traded companies to invest or have ownership interest in state-licensed cannabis businesses....
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MPX Bioceutical Reports FY17-Q4 Sales of $4.5 Million

On March 1, 2018 the MPX Bioceutical Corporation (CSE:MPX) (OTCQB:MPXEF) reported financial results for its fourth quarter period ended December 31, 2017 (third quarter according to internal company record keeping – see table, below): As the company’s activities were nearly exclusively related to cannabis assets owned in the U.S., which...
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Tilray Begins Exporting Medicinal-Cannabis Extract to South Africa

The British Columbia based company, Tilray, has added South Africa to the list of countries to whom it is exporting made-in-B.C. medicinal cannabis and extracts.  The company already exports its products to the European Union, New Zealand and Australia. Tilray, a Nanaimo-based company, became the first Canadian company to legally...
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CashCropToday | 411/420 | Cannabis Loan Specialist Luisa Thiel

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In this episode of 411/420 host Joya Mia Italiano sits with cannabis industry loan specialist Luisa Thiel to discuss topics such as… Maintaining compliance when entering the industry to keep yourself legal and safe. The process of applying for a cannabis-related business loan. Different types of business loans, and the...
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Namaste Announces Closing of $40.25 Million Bought Deal Financing

On Feb. 27, 2018, Namaste Technologies, Inc. (CSE:N) (FRA:M5BQ) (OTCMKTS:NXTTF) announced that it had closed a previously announced “bought deal” short form prospectus offering of units, including the exercise in full of the over-allotment option.  A bought deal is a securities offering in which an investment bank commits to buy...