Marijuana exchange-traded fund takes in $22 million in August
Investors are flocking to a U.S.-listed exchange-traded fund (ETF) that tracks nearly 40 Canadian and American cannabis firms.
News August 31
Latest In: Finance
Earnings highlights: Hedge fund billionaire Leon Cooperman bets on cannabis; two firms deliver solid Q2 results
Share prices at cannabis firms Green Thumb Industries and Tilray are on the rise after solid second-quarter performances…
News August 30
She’s in charge: New accelerator looks to boost opportunities for women in cannabis
As the cannabis space rapidly evolves into a multibillion-dollar global industry, women are increasingly being left behind, says…
News August 29
Canada’s licensed marijuana producers and applicants soar past 700
With cannabis legalization around the corner in Canada, more companies than ever are lining up to be licensed…
News August 24
Marijuana firm Invictus to spin off vape subsidiary in move to tap US, global markets
Canadian cannabis producer Invictus plans to spin off wholly owned subsidiary Poda Technologies as it looks to tap…
News August 21
Latest financials raise new questions about future of marijuana tech firm MassRoots
The future of Denver-based MassRoots remains in peril, due to continued multimillion-dollar losses, massively shrinking sales and insufficient…
News August 21
PA medical cannabis growers/processors on pace for $5M in sales in first year
Pennsylvania’s medical marijuana sales began in February 2018, and according to the latest tax revenue data, the state’s…
News August 20
California decides against state-chartered banking for marijuana industry
California lawmakers shelved a plan that would have allowed private banks to handle the money being generated by the…
News August 17
Breaking down the big deal behind Constellation’s bet on cannabis and Wall Street’s involvement
Constellation Brands’ multibillion-dollar wager on Canopy Growth is huge – record setting even – but a much larger…
News August 17
Bruce Linton discusses deploying CA$5 billion, Canopy’s commitment to international growth
Canopy Growth, a Canadian medical marijuana giant, is taking a massive 5 billion Canadian dollar ($3.8 billion) investment…
News August 16
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