Cannabis Firm Could Be Hottest Post-IPO Of 2015

A development-stage cannabis therapeutics company has issued its first public offering on Wednesday (August 5), and its post-IPO performance has been nothing short of solid. The IPO of Zynerba Pharmaceuticals (NASDAQ:ZYNE), based in Devon, Pennsylvania, came at a time when decent marijuana IPOs were scarce, but the company more than... more →
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Is ResponsibleOhio Opening Up To More Investors?

Coming under fire for its marijuana legalization proposal, which has been described as monopolistic, the political action group ResponsibleOhio may be opening up to more investors. According to Cleveland.com, the group has been hinting at welcoming new investors for its marijuana grow sites, and may even announce soon that the public... more →
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New Batch Of Cannabusinesses Up For Accelerator Program

The business accelerator CanopyBoulder has just announced the new batch of marijuana startups it has selected for its popular entrepreneur program. The selected companies offer a wide variety of products and services, from box-of-the-month clubs to software solutions to media, but all are cannabis-related. They will start next week... more →
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New Marijuana Market: Money Management

Banking continues to be a thorny issue for many legal marijuana businesses. Although cannabis is legal in several states, it is still not legal under federal law, and the nation’s federally-regulated banks are still reluctant to service such businesses. Marijuana entrepreneurs themselves are anxious that by using federal banks,... more →
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Marijuana Real Estate Firm Secures Funding

A real estate company specializing in cannabis-related facilities has just announced that it has secured $800,000 worth of financing in its first funding round. The Arizona-based Scientific Botanical Leasing is immediately starting its second round of funding. It is open only to accredited investors, having a minimum of $25,000 commitment... more →
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Potential MMJ Cultivator Welcomed In Maryland County

While the tug-of-war on marijuana legality continues from state to state, some marijuana companies are being welcomed in places where they’d least expect. Recently, a potential cultivator of medical marijuana (MMJ) has received unanimous support from Republican commissioners in Washington County, Maryland for its MMJ production... more →
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Marijuana Delivery Via Drones? Companies Hopeful

Though not a brand-new concept, the door-to-door delivery of products using aerial drones instead of land vehicles still holds exciting possibilities for businesses. Now, it seems the marijuana industry is gradually taking this concept more seriously. The San Francisco-based medical cannabis delivery company Trees Delivery recently... more →
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Cannabis Leader GW Pharma Could Get US Approval Early 2016

One of the biggest names in the medical cannabis sector seems poised to enter the United States market soon. The British company GW Pharma, known for its marijuana-derived drug Epidiolex, reportedly could get approval for the drug from the US Food and Drug Administration (FDA) in early 2016. Epidiolex contains the medical cannabis... more →
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Will Cannabis Equity Crowdfunding Take Off?

The recently-enacted Colorado Crowdfunding Act may provide an opportunity for potential individual investors to join the marijuana green rush even with modest means. But could equity crowdfunding truly take off in Colorado, as well as in other states where marijuana is legal? Industry experts say the jury is still out. Equity crowdfunding... more →
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Cannabis Investors Unconvinced On NY Scene

The marijuana licenses in New York State are still fresh and the organizations that won them are still celebrating, but investors are unimpressed. Their concern? The state’s approach may not actually bring in that much money to the license-holders. “We believe [New York State will] be an extremely limited market,” said Invest... more →
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