NHL No Longer NHL: Pot Company Prompted To Change Stock Name

To many people in North America and the world – and especially in Canada – the NHL stands for National Hockey League. Over the past few months, however, this acronym has been shared by a legal marijuana company, which has now been prompted to use a different acronym for itself. Nutritional High International, Inc is a Toronto-based... more →
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Lending In The Legal Marijuana Industry

Investors have been flocking to the marijuana industry in recent years, thanks to great progress in the legalization of cannabis and booming business activity. But wealthy angel investors are not the only ones betting in this nascent industry. Small funds and private lenders are backing cannabis companies, too. Troy Dayton, CEO of... more →
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Georgia Considers Opening Up To Marijuana Businesses

Georgia may be joining the list of states open to marijuana entrepreneurship – that is, if the state’s medical cannabis program expansion pushes through. A state medical marijuana commission is currently studying how Georgian patients may access cannabidiol-based products and whether the state can provide them, Associated Press... more →
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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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