Cannabis Investment Blog
Mentor Capital Invests $1 Million in G FarmaLabs
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...
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Sweet Leaf Arrests Demonstrate Continued Risks in Legalized Cannabis Markets
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 Leafs...
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AdvisorShares Launches Vice ETF with Cannabis Holdings (ACT)
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...
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How Trump Tax Plan May Inadvertently Encourage Marijuana 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 Senate...
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As California Legalization Approaches, Politicians Still Struggle to Enact Rules
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 Trump...
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Online Marijuana Market Place greenRush Receives $3.6M Funding From Fomer InBev Exec
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....
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