Privateer Holdings raises $58 million for expansion of marijuana facilities, Dixie Elixirs recalls some edibles products, and Roger Stone’s role as a keynote speaker leads to boycotts of a cannabis conference.
Here’s a closer look at some notable developments in the marijuana industry over the past week.
Shares of the five licensed cannabis companies that trade on the the Toronto Stock Exchange were down Friday after reports surfaced that it could become harder for investors to deal in the shares of Canadian marijuana firms with U.S. assets.
According to the Globe and Mail, Canadian Depository for Securities (CDS) – a clearinghouse owned by …
Signal Bay – a marijuana-focused holding company in Bend, Oregon – has expanded its marijuana testing division to Florida through a licensing agreement with a Fort Lauderdale-based holding company, Kaycha Holdings.
Through the agreement, Signal Bay subsidiary EVIO Labs will operate under the EVIO Labs brand, according to a news release.
High Times Holding Corp., the company behind High Times Magazine and other assets, reportedly plans to go public in October, a move that would make it the first U.S. marijuana-focused company to list on the Nasdaq Stock Market.
Aurora Cannabis Inc. will become the fifth marijuana company on the Toronto Stock Exchange when its shares begin trading there Monday, the latest sign that Canadian MJ businesses are joining the mainstream.
Canadian marijuana executives and officials of two stock exchanges have been meeting about setting rules for investing in the U.S. cannabis sector.
According to the Canadian Press, attorneys representing publicly traded cannabis producers said “there is an unwritten rule” that companies listed on the Toronto Stock Exchange – the nation’s largest – and …