Tag Archives: publicly traded companies

MassRoots reports net loss of $44 million in 2017

The storms MassRoots weathered in 2017 have set the marijuana tech firm adrift in a $44 million sea of red. A review of MassRoots Inc.’s annual filing made Tuesday with the U.S. Securities and Exchange Commission provides a portrait of

Computers to cannabis: HP jumps into marijuana industry

The digital cash registers ringing up customers coffee shops and chic boutiques will soon stationed in marijuana dispensaries. Computer giant HP announced Wednesday it is packaging its point-of-sale ElitePOS hardware with cannabis compliance software from Flowhub, a Denver-based business that

This struggling oil and gas company will soon sell you CBD-infused personal care products

Shareholders of a penny stock Minneapolis oil and gas company are now shareholders of a penny stock CBD cosmetics business. A Minnesota oil and gas firm, which in a former life was a producer of snow skates in Colorado, will

Canadian company seeks to be the Starbucks of American marijuana

Golden Leaf Holdings is taking the first step to becoming the Starbucks or McDonald’s of weed, even though marijuana remains illegal across much of the U.S. The cannabis company has opened a chain of marijuana stores in Oregon called Chalice

Marijuana is the new gold as former Canadian miners turn to cannabis

Published: Mar 19, 2018, 10:09 am • Updated: Mar 19, 2018, 10:11 am By Jen Skerritt, Bloomberg Just ask Jay Wilgar, a former wind power developer who started a medical marijuana company with friend Travis Kanellos after hatching the idea

Colorado cannabis firms could get publicly traded, out-of-state investors under proposed bill

Published: Feb 28, 2018, 2:57 pm • Updated: Feb 28, 2018, 3:53 pm By Alicia Wallace, The Cannabist Staff Residency requirements for Colorado marijuana businesses could soon be old hat. A bill advancing through the Colorado legislature would open the

Cannabis descheduling not one of pharma giant’s ‘core priorities’

Published: Feb 23, 2018, 5:17 pm • Updated: Feb 23, 2018, 5:31 pm By Alicia Wallace, The Cannabist Staff A pharmaceutical giant that once developed marijuana-based medicines won’t be advocating for the descheduling of cannabis anytime soon. Indianapolis-based Eli Lilly

Launch of cannabis beverages in Canada could be “big business” for alcohol Goliath

Published: Feb 22, 2018, 12:15 pm • Updated: Feb 22, 2018, 3:26 pm By Alicia Wallace, The Cannabist Staff Cannabis is a “big business,” and Constellation Brands has big aspirations in the space, the alcohol beverage company’s president said this

Molson Coors calls legal marijuana a “risk factor” for its beer business

Published: Feb 14, 2018, 4:36 pm • Updated: Feb 14, 2018, 4:36 pm By Alicia Wallace, The Cannabist Staff Molson Coors Brewing Co. now considers legal cannabis a potential “risk factor” to its business. Molson Coors, which maintains headquarters in

Canadian medical marijuana firm begins sell-off of U.S. cannabis assets

Published: Feb 2, 2018, 10:43 am • Updated: Feb 2, 2018, 10:56 am By Alicia Wallace, The Cannabist Staff As Canada’s stock exchanges and securities regulators grow increasingly concerned about the state of legal cannabs south of the border, a

TD Ameritrade CEO notes ‘pronounced’ increase in cannabis, blockchain trading activity

Published: Jan 24, 2018, 3:41 pm • Updated: Jan 24, 2018, 4:45 pm By Alicia Wallace, The Cannabist Staff Cannabis securities may be a blip in TD Ameritrade’s daily trade volume, but that blip got noticeably bigger in the latter

Cannabis investors form ‘blank check’ company, file for $50M IPO

Published: Dec 8, 2017, 2:37 pm • Updated: Dec 8, 2017, 2:37 pm By Alicia Wallace, The Cannabist Staff A “blank check” company focused on acquiring ancillary businesses to the cannabis industry has filed registration documents for a future $50

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