Investment

Earlier this year, Wisconsin lawmakers unanimously voted to expand the state’s highly restrictive medical cannabis program, improving access for families with children in need. While the bill gained support from the entire Legislature, one Wisconsin senator seems to have had more skin …

Published: Aug 7, 2017, 8:06 am • Updated: Aug 7, 2017, 8:07 am By Jack Kaskey, Bloomberg Whenever Josh Wurzer buys legal California pot, he makes certain it was grown without pesticides. That’s because Wurzer, as president of cannabis-testing company …

As the competition rises for employment within the marijuana industry, education facilities are popping up around the world. There are now institutions that are completely dedicated to the study of cannabis. Whether it’s for the purpose of a qualification, for …

The continent of Africa is a complicated and intricate tapestry when it comes to cannabis reform. In some African countries, like Zambia for instance, cannabis is highly illegal and many people go to prison for it. In South Africa, marijuana …

While the cannabis legalization movement has certainly strengthened its grip around North America over the last few years, the green wave is proving to be more of a global phenomenon than anything else. In Africa, countries such as South Africa and Ghana have …

Canada is still on track to legalize recreational use of cannabis as of July 1st, 2018. Health Canada estimates that between four to six million Canadians will legally use recreational cannabis next year, but experts are concerned that the country’s …

The Canadian federal government is determined to steamroll ahead with pot legalization, in order to meet its target date of July 1, 2018. As the day of legal cannabis inches closer, leaders from provinces and local municipalities are voicing concerns …

Just when you thought nobody could catch up to industry-leading giant Canopy Growth Corporation, along comes another Canadian licensed producer to challenge that title.
Markham Ontario-based MedReleaf had the largest initial public offering (IPO) for a marijuana producer in North American history this week. MedReleaf will list on the Toronto Stock Exchange (TSX) with the ticker LEAF. The $100.7 million CAD figure equates to approximately $75 million USD.
Of the many factors that contributed to this massive investment, one major catalyst is the upcoming legal adult–use market expected to roll out by July 2018.

High Times, the magazine that has chronicled the transformation of marijuana use from an underground vice to a major American business, said on Thursday that it had been acquired by a group of investors that includes Damian Marley, son of the reggae star Bob Marley.The group, led by Adam Levin, the founder of the investment firm Oreva Capital, bought a controlling interest at a price that values the magazine at $70 million, according to the San Francisco Chronicle.In a news release, the new ownership group said it planned to expand the publication’s audience and its events business.“I think most would

This week, two separate investors independently announced plans to invest $200 million in canna-businesses. On Tuesday, a California real estate firm announced plans to invest $100 million into medical and recreational cannabis over the next year. On the same day, a wealthy Florida attorney and MMJ advocate announced plans to invest $100 million into medical marijuana.