by admin | Dec 11, 2017 | Cannabis Investments
greenRush an online cannabis market place announced that it received $3.6 million in Series A funding from two former business executives. Chris Burggraeve, formerly Chief Marketing Officer for InBev, and James Weil, President of JMM Industries contributed the funds....
by admin | Dec 5, 2017 | Mergers and Acquisitions
Aurora Cannabis Inc. announced it is increasing it’s ownership stake in Cann Group Ltd. to 22.9%. It will accomplish this by purchasing shares at $2.50 AUD per share ($1.90 USD) from Cann’s fully underwritten Placement of Shares. Based on this plan, Aurora...
by admin | Feb 3, 2017 | Cannabis Investments
The Cannabis Stock Index, developed by Viridian Capital Advisors, rose 236% in 2016. Including dividends, and by way of comparison, the Dow Jones Industrial Average returned just over 16%. The 236% return of the Cannabis Stock Index was nearly 15 times that of the...
by admin | Jan 9, 2017 | Cannabis Investments
CannaRoyalty, one of the largest cannabis private equity firms in Canada, is acquiring a 20% stake in marijuana testing company, Anandia Laboratories with the deal expected to close by the end of January, 2017. Anandia Labs provides marijuana testing to licensed...
by admin | Jan 3, 2017 | Cannabis Fund Launches, Cannabis Investments
Green Acre Capital has announced that its new private equity fund, the Green Acre Capital Fund, which is dedicated to investing in the legal cannabis industry, has received investment commitments from Aphria and York Plains Investment Corp. Aphria CEO and Chairman VIc...