Marijuana Stocks & Public Companies

Marijuana Business Stock Ticker

Chris Walsh  | April 30, 2015
More than 100 marijuana stocks are currently listed on NASDAQ. Click to see our chart of the most relevant ones.

Week in Review: White House threat, CA growers at risk & unique cannabis investment fund

John Schroyer  | February 24, 2017

By John Schroyer

The Trump administration hints at possible enforcement on recreational cannabis businesses, thousands of Northern California cultivation jobs are in jeopardy, and a new marijuana investment fund is in the works.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Investment company planning exchange-traded cannabis fund

Omar Sacirbey  | February 22, 2017

ETF Managers Group, a New Jersey-based investment company, plans to launch an exchange-traded fund that would track publicly traded cannabis companies.

The ETF Managers Group is proposing the Emerging AgroSphere ETF, which could be a first for the cannabis industry, Reuters reported.

An exchange-traded fund owns and tracks certain assets and, unlike a mutual …

MJ social media firm examines cross-listing on Canadian exchange

John Schroyer  | February 13, 2017

MassRoots CEO Isaac Dietrich revealed Monday during a shareholder conference call that the Denver-based social media company is exploring a public listing on a Canadian stock exchange.

MassRoots currently trades on the over-the-counter market under the ticker symbol MSRT. Monday’s announcement follows the Denver company’s failed attempt to be listed on the Nasdaq …

Marijuana company’s new stock symbol: WEED

Omar Sacirbey  | February 2, 2017

Investors can now buy and sell WEED on the Toronto Stock Exchange after Canopy Growth Corp., a major federally licensed cannabis cultivator in Smith Falls, Ontario, changed its ticker symbol to the new, slangy version.

The move comes after the company made history last summer when it became the first marijuana cultivator

MassRoots receives $2M in proceeds from warrant exercise

Bart Schaneman  | January 12, 2017

MassRoots, the popular social network for cannabis enthusiasts, said it has received more than $2 million in cash from the exercise of warrants so far in 2017, providing additional financial stability to the once-wobbly Denver company.

This capital infusion will help us continue building momentum with the success we are having within the rapidly …

Cannabis IPO raises CA$60 million

Omar Sacirbey  | December 30, 2016

Licensed medical cannabis producer CanniMed Therapeutics completed an IPO Thursday, listing on the Toronto Stock Exchange and raising about 60 million Canadian dollars ($45 million).

The company, based in the central Canadian province of Saskatchewan, sold five million shares for CA$12 per share, according to a press release.

CanniMed is the second marijuana-touching …

MassRoots, MJ Freeway team on menu pricing for dispensaries

Bart Schaneman  | December 6, 2016

MassRoots and MJ Freeway announced a partnership under which MJ Freeway’s technology will enable live online menu pricing for its dispensary clients via the MassRoots platform.

The deal is similar to a recent one struck between MJ Freeway, a Denver-based seed-to-sale tracking company, and the online retail guide Weedmaps.

“This partnership will enable seamless communications …

Marijuana-focused firm gets tepid response in NYSE debut

Roger Fillion  | December 1, 2016

Innovative Industrial Properties became the first marijuana-related company Thursday to trade on the New York Stock Exchange, drawing a lukewarm reception from Wall Street investors.

The cannabis-focused real estate investment trust (REIT) closed down 4.25%. Trading under the ticker symbol IIPR, it finished the day at $19.15 per share, or 85 cents below its initial …

Helix TCS becomes largest single shareholder in MJ software firm

John Schroyer  | November 7, 2016

Colorado-based Helix TCS, which has been expanding its holdings in the marijuana trade, announced Monday it has become the largest shareholder in Florida-based BioTrackTHC, a longtime manufacturer and supplier of seed-to-sale cannabis tracking software.

Specific terms of the deal were not disclosed.

Helix and its capital partner, Rose Capital Advisors of Miami Beach, agreed to …

Zacks Investment: 4 best stocks to cash in on cannabis ‘green rush’

Bart Schaneman  | November 4, 2016

The decades-old Zacks Investment Research is recommending four “cannabis-related” companies – including some household names – for stock investors wanting to cash in on the so-called marijuana “green rush.”

The stock research firm, founded in 1977, projects that Tuesday’s election will yield yes votes in several states where marijuana legalization initiatives are on the …