Marijuana Stocks & Publicly Traded Cannabis Companies

Cannabis company Surterra closes $100 million funding, adds executives

Published June 27, 2019

Surterra Wellness, an Atlanta-based medical cannabis company, closed a $100 million share offering whose net proceeds will be used to fund acquisitions and capital expenditure. The company also said it is taking on two new directors to help with corporate strategy: Ed Brown, former president and CEO of The Patron Spirits Co. Brown was a participant […]

Read More

Marijuana Business This Week: Vermont hemp hearings, Michigan cannabis warning labels, Medicine Man update & more

Published June 24, 2019

Here are some notable stories and events to watch for in the coming days: VERMONT HEMP HEARINGS: The Vermont Agency of Agriculture, Food and Markets (AAFM) will hold its first public hearings to discuss the rulemaking process for the state’s hemp program. The hearings are scheduled for Thursday in Brandon and Friday in Newport. According to […]

Read More

Week in Review: House votes to protect legal MJ, Acreage/Canopy shareholders decide, NY adult-use cannabis roadblock & more

Published June 21, 2019

The U.S. House of Representatives approves a bipartisan amendment that would shield state-legal cannabis programs from interference by the U.S. Department of Justice, Acreage and Canopy shareholders OK the planned acquisition, New York’s adult-use cannabis legislation hits a wall – plus other important news from around the industry. US House OKs provision protecting state-legal cannabis industries […]

Read More

Cannabis company Vireo Health expands into Puerto Rico

Published June 20, 2019

Vireo Health, a Minneapolis-based multistate marijuana operator, said it is expanding into Puerto Rico, the company’s 11th state or territory of cannabis operations. Vireo will have the opportunity in Puerto Rico to run a cultivation and processing facility plus up to six dispensaries on the island. Christian Gonzalez, a native of the territory who has […]

Read More
Photo by rawpixel on Unsplash

Surterra partners with Intrexon in $100 million licensing cannabinoid deal

Published June 18, 2019

Surterra Wellness, an Atlanta-based cannabis company with operations in Florida and Texas, announced it will partner with Hungary’s Intrexon Corp. in a $100 million licensing deal aimed at biosynthetic cannabinoid production. Surterra would use Intrexon’s proprietary yeast fermentation platform to boost its cannabinoid production. Surterra is a privately held company; Intrexon trades on the Nasdaq […]

Read More

Cannabis firm High Times going to court over Culture Magazine acquisition

Published June 18, 2019

High Times Holding Corp., the cannabis media group currently trying to raise funds for a potential stock exchange listing, is being sued by Southland Publishing over the sale of the latter’s Culture Magazine. Southland agreed for High Times to purchase the magazine a year ago but claims it has not received up to $4 million […]

Read More

Merged cannabis firms MJ Freeway, MTech to begin trading on Nasdaq

Published June 17, 2019

Akerna, the newly formed marijuana company involving the merger of cannabis technology company MJ Freeway and MTech, a special purpose acquisition company, is to begin trading on the Nasdaq on June 18. MJ Freeway CEO Jessica Billingsley will lead the company, which will trade under the ticker symbol KERN. The completed deal was to have […]

Read More

MedMen opens its first Florida medical cannabis dispensary

Published June 14, 2019

Multistate operator MedMen on Friday announced the opening of its first Florida medical marijuana dispensary, in West Palm Beach – the first of 12 such planned storefronts in the state. The California-based company said in a news release it’s also planning upcoming Florida dispensaries in Orlando and Key West. MedMen could eventually open as many […]

Read More