Day : May 23, 2018

Politics

Colorado Passes Bill to Allow Public Companies to Invest into Cannabis Businesses

Editor
Colorado has just passed a House Bill 18-1011 which will allow publicly trade companies in the U.S. to invest and hold medicinal or recreational cannabis cultivation, processing, and distribution licenses under their state law. The bill is expected to come into effect next year. Though the bill is still awaiting...
Cannabis News Market Watch

Cannabis Wheaton to Raise $100 Million by Selling Units

Editor
Cannabis Wheaton Income Corp. (TSX.V:CBW)  announced this week that the company has entered into an agreement BMO Capital and a collection of different funding  groups to offer 71,500,000 units of the company at C$1.40 per Unit, to raise a total of C$100 million. Under the terms of the deal each...