Marijuana Stocks & Public Companies

Ancillary cannabis firms Helix TCS and BioTrackTHC close merger

A deal announced in March to merge two of the bigger ancillary cannabis companies in the United States closed Friday, with Colorado-based Helix TCS acquiring Florida-based BioTrackTHC. Though terms of the deal were not disclosed, BioTrack shareholders will own 48% of Helix TCS, according to financial documents filed with the Securities and Exchange Commission in […]

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Ancillary marijuana firm Kush Bottles to open Las Vegas distribution facility

Kush Bottles, a marijuana products distributor, is opening a distribution facility in Las Vegas to serve cannabis companies and consumers in the state’s booming recreational and medical markets. Tourism and organic growth in the Las Vegas market means some MJ businesses have difficulty predicting packaging and supply needs, the California company’s CEO, Nick Kovacevich, said in […]

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Major Canadian bank expands focus on marijuana sector

After years of keeping the sector at arm’s length, some of Canada’s largest financial institutions are warming to the cannabis industry, including Bank of Montreal (BMO), which initiated research coverage Monday evening. The bank’s entry into the medical cannabis sector is a sign of the industry’s natural evolution.

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Colombia’s first Canadian stock listing could lure capital to medical marijuana

With a potential patient count more than double Canada’s, Colombia’s medical marijuana market is quickly gaining recognition as a legitimate force in the global cannabis industry. The total market for patients with qualifying conditions in Colombia exceeds 5.5 million people, according to QuantilesIMS, a U.S.-based market analytics company. The country, which has long been known […]

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Investment firm offers CA$1M seed money to Canadian marijuana entrepreneurs

A major investment company is putting 1 million Canadian dollars ($780,000) on the table for aspiring cannabis entrepreneurs in Canada. Canopy Rivers Corp.’s program is open to entrepreneurs looking to access Health Canada’s proposed new licenses for micro-cultivation, nurseries, industrial hemp, processing, analytical testing, retailers and other emerging segments. “This is a way to help […]

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Colombian marijuana companies seek first listings on Canadian exchange

As interest in Latin America’s medical marijuana industry grows, a major stock exchange in Canada could soon see the first listings from companies with their core operations in Colombia. Khiron Life Sciences CEO Alvaro F. Torres told Marijuana Business Daily the company expects to complete the regulatory paperwork in time to start trading as early […]

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