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Video: 'Fast Money' Co-Host Tim Seymour Shares Tips To Invest In Marijuana Stocks, ETFs
Saturday, November 10, 2018 - 2:43pm | 511A version of this post was originally published on The Fresh Toast. You’ve probably read this a thousand times this year already: cannabis is going mainstream by the minute. In the past couple of months, we’ve seen Jim Cramer weigh in on pot stocks on "Mad Money," witnessed...
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High Times Buys DOPE Magazine For $11M: Here's Why And What It Means For The Cannabis Industry
Wednesday, September 26, 2018 - 3:02pm | 611Most enthusiasts would agree High Times and Dope Magazine are the best-known brands in the cannabis-focused media landscape. What Happened In the latest move toward consolidation in the industry, High Times announced Wednesday it has acquired DOPE Media in a split of cash and stock transaction...
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The Companies That Could Benefit From An Aurora Cannabis-Coca-Cola Deal
Tuesday, September 18, 2018 - 12:09pm | 681A rising tide lifts all ships. And nowhere is this more relevant than in the cannabis space. Just look at the deal Canopy Growth Corp (NYSE: CGC) landed with Constellation Brands (NYSE: STZ) just two months ago. That deal, which had Constellation Brands pony up $4 billion for a piece...
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Cannabis Investment Fund Breaks Down Its 7 Latest Picks
Saturday, September 15, 2018 - 12:41pm | 874Money is flowing into the cannabis industry at an unprecedented pace. And it’s not just the Canopy Growth Corp (NYSE: CGC) and Cronos Group Inc (NASDAQ: CRON)’s of the world on the receiving end: public and private companies across the spectrum are drawing ...
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Canadians In Marijuana Biz Could Face Lifetime US Travel Ban: What Industry Insiders Are Saying
Friday, September 14, 2018 - 2:03pm | 875Canadians who use marijuana, work in the industry or even invest in it face a potential lifetime ban from the U.S. when trying to cross the border. That's according to a Thursday Politico article quoting “a senior official overseeing U.S border operations,” Todd Owen, who...
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2 Stocks That Could Benefit From Marijuana Legalization In Michigan
Tuesday, September 11, 2018 - 4:46pm | 853On Nov. 6, 2018, Michigan voters will decide whether the Wolverine State will legalize adult-use cannabis. (Editor's note: Michigan voters approved the proposal.) The proposal, dubbed the “Michigan Marijuana Legalization Initiative,” would allow adults over the age of 21...
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Daabon Strikes Deal With Avicanna, Becoming The Largest Agro Company To Enter The Cannabis Industry
Monday, August 6, 2018 - 4:07pm | 563A few months ago, Benzinga visited several countries in South America and subsequently published an article explaining why cannabis investors’ interest in the region, especially in Colombia, was about to spike. In the weeks that followed, numerous U.S. and Canada-based marijuana companies...
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The Cannabis Industry's Go-Public Frenzy: A Chat With Companies That IPOed This Year
Friday, August 3, 2018 - 7:38am | 1496The first half of 2018 was a notably active period in the cannabis industry, particularly on the capital markets side. Over the first six months of the year, more than $4 billion in investments were made in the industry, according to Viridian Capital Advisors. Some of the most notable...
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How Perpetually Sober KISS Co-Founder Gene Simmons Entered The Cannabis Business
Friday, June 15, 2018 - 12:42pm | 754If you encounter a cloud of pot smoke backstage at a KISS show, it isn't coming from the bassist's dressing room. Gene Simmons has abstained from drugs and alcohol in his more than four decades in KISS, unlike some of his bandmates. So it came as a surprise to many when ...
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Cannabis Hedge Fund Managers On The Two Biggest Problems Marijuana Businesses Face
Friday, May 25, 2018 - 1:46pm | 668A few weeks ago, Benzinga had the chance to visit the offices of Poseidon Asset Management, a San Francisco-based cannabis-focused long/short hedge fund with more than $40 million in assets under management. Co-founder and managing partner Emily Paxhia mentioned and her brother and partner...
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How One Company Is Capitalizing On Cannabis Distillates' Surging Popularity
Monday, May 21, 2018 - 2:31pm | 779As Benzinga recently detailed, smoking is just one of many ways to consume cannabis. In fact, smoking is becoming less popular as other smokeless options continue to emerge. They include distillates, a kind of cannabis concentrate found in some vape pens or sold for use with dab rigs. Much has been...
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Exclusive: MassRoots Files SEC Paperwork For Cannabis Industry-Focused Cryptocurrency
Tuesday, April 17, 2018 - 6:43pm | 631In an attempt to separate itself from the crowd and pivot toward a more profitable business model, cannabis media company MassRoots Inc (OTC: MSRT) has filed with the SEC to introduce a cryptocurrency. The digital currency is “aimed at encouraging key...
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Investing In Marijuana: Cannabis Industry Gets $2 Billion In 60 Days
Monday, March 12, 2018 - 3:56pm | 815January was a great month for the cannabis industry, despite Attorney General Jeff Sessions’ decision to rescind the Cole Memo, an Obama-era memorandum that essentially protected state-legal cannabis businesses from federal prosecution. Marijuana companies received more than $1.2 billion in...
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Investing In Marijuana: Cannabis Industry Gets $1.2B In January, Matching Deals For All Of 2016
Sunday, February 18, 2018 - 3:02pm | 1019Interest in who is investing in the marijuana industry is mounting rapidly, and not without a reason. Over the first five weeks of 2018, the Viridian Cannabis Deal Tracker registered $1.23 billion in investments in the cannabis industry, Viridian Capital President Scott Greiper told Benzinga....
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Pot Stocks, ETFs And Other Top News In The Cannabis Industry This Week
Friday, February 9, 2018 - 6:12pm | 1098Despite Friday’s rebound, this was a bad week for the U.S. stock market. Cannabis stocks followed a very different trajectory, with the United States Marijuana Index, which tracks 15 of the largest marijuana stocks in the U.S., posting a loss of 2.34 percent Friday, but still closing the week...