Marijuana Stocks & Public Companies

Terra Tech sells Las Vegas retail cannabis shop for $6.2 million

One of the larger publicly traded marijuana companies in the United States announced the sale Thursday of one of its assets, a Nevada cannabis retail storefront, for $6.25 million. Terra Tech sold a 3,900-square-foot shop – located just north of the Las Vegas strip – to Exhale Brands Nevada, according to a news release. The facility […]

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Marijuana M&A activity spikes as some cannabis pioneers cash out

Merger and acquisition activity is accelerating across the cannabis industry as more companies land multimillion-dollar capital infusions and ink deals aimed at growing market share. The momentum is giving more company founders an opportunity to cash out at an attractive price – or leverage the deals to launch their next venture. The flurry of activity […]

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MassRoots pivots again, offers medical marijuana dispensary portal

Marijuana social media company MassRoots announced Wednesday that it will offer a revamped dispensary business portal for a subscription fee, with the hope the move will generate more revenue and growth for the struggling firm. In a news release, Denver-based MassRoots said the subscriptions – which start at $420 a month per outlet with a […]

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Canadian cannabis company Tilray files for IPO, eyes Nasdaq listing

Tilray, the British Columbia cannabis company owned by Seattle private equity firm Privateer, filed paperwork with the U.S. Securities and Exchange Commission on Wednesday to go public. The vertically integrated grow, processing and distribution company – one of the bigger cannabis companies in Canada – intends to list on the Nasdaq Global Select Market under […]

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