by admin | Jan 17, 2018 | Cannabis Investments
Mentor Capital, a cannabis venture capital firm has announced it invested $1 million in G FarmaLabs to provide funding for working capital and real estate. Mentor Capital will also provide G FarmaLabs with accounting, audit, and finance support over a multi-year...
by admin | Dec 18, 2017 | Legalization
A police raid of Sweet Leaf Marijuana Centers after a year long investigation into eight of their centers in Denver and Aurora has resulted in the arrest of 13 people – mostly budtenders. In fact, no executives were arrested, however 26 permits relating to Sweet...
by admin | Dec 14, 2017 | Cannabis Investments, Mergers and Acquisitions
AdvisorShares, an ETF provider based in Bethesda, MD has officially launched their Vice ETF (ticker:ACT) that, in addition to tobacco and alcohol, will hold significant cannabis stocks. The fund will be led by Dan Ahrens, Managing Director and COO of AdvisorShares...
by admin | Dec 13, 2017 | Federal Oversight, Legalization
According to Bradley Tusk of Tusk Ventures, a cannabis venture capital company, the Republican tax bill passed in early December may actually encourage states to legalize medicinal and adult use cannabis. Here’s his reasoning: The Tax reform bill passed in the...
by admin | Dec 11, 2017 | Legalization
Beginning January 1, adults 21 and over in California will be permitted to use marijuana for recreation, yet the state’s transition from medical cannabis to adult-use is still incomplete. And even with a successful implementation, risks still remain that the...