Ex-Police Chief Advises $1B Medical Pot Industry

The RCMP estimates the illegal marijuana market at more than $1 billion. The federal government is intent on destroying the sprawling cottage industry and replacing it with regulated, taxed commercial grow operations – creating huge business opportunities for early movers. Umbral Energy (TSX-V:UMB) is one of the companies moving... more →
Posted in: News

Cannabis Industry Goes Through Growing Stage, Not A Crisis

The regulatory action comes after the Financial Industry Regulation Authority (FINRA) issued an alert to investors in August 2013 warning about potential scams associated with marijuana-related stocks. Specifically, FINRA warned about the well-known ‘pump-and-dump’ scheme, in which, “fraudsters lure investors with aggressive,... more →
Posted in: Stocks

All Medical Marijuana Firms Are Not Created Equal

The health case for cannabis is gaining support from doctors as prominent as Sanjay Gupta, the Emmy-award winning neurosurgeon and chief medical correspondent for CNN. In 2013 and earlier this year, Gupta co-produced two documentaries on the medical benefits of marijuana titled Weed and Weed 2. Increasing awareness of the benefits could... more →
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Two Medical Marijuana Stocks To Watch Out For In 2014

For analysts at Motley Fool, there are only two marijuana stocks to bet on despite the industry being risky  – the GW Pharmaceuticals and Medbox. These two companies showed impressive market caps and share prices higher than other companies. GW Pharmaceuticals is a British biopharma company which developed cannabis as... more →
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NY Senate Health Committee Okays Medical Marijuana Bill

Medical marijuana narrowly passed the Senate Health Committee — by one vote.  The issue still has to be taken up by the Finance Committee before it goes to the floor.   There are strong emotions on several fronts lighting up along the way. “I will be able to go to a pharmacy or a dispensary and get something for... more →
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SEC Issues Alert On Marijuana Company Investor

The SEC issued an investor alert today regarding marijuana-related investments. The alert noted that the SEC is receiving a growing number of investor complaints relating to  investments in marijuana companies. Pursuant to those complaints, the commission has issued temporary trading suspensions for the common stock of five different... more →
Posted in: Stocks

Medical Marijuana Inc. Gears Up For Offshore Expansion

Medical Marijuana Inc. (OTC:MJNA) has been gearing up for success for some time now, expanding operations and looking towards a bright future. Now, it appears as if the company’s successes will only increase in the future. MJNA has announced it will be expanding its operations into Europe in the near future. Expansion will also... more →
Posted in: Investing

Minnesota Medical Marijuana Law Passes Major Obstacle

The new policy, which is considered the most restrictive in the country, only allows patients to consume cannabis by pills and oils. Smoking and the possession of dried marijuana leaves will remain illegal. Governor Mark Dayton is expected to sign the bill, but the real challenge comes in establishing a regulatory system that can... more →
Posted in: News
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