Cannabis Investment Blog
Aurora Cannabis Raises Stake in Cann Group by $26 Million
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 will be...
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Cannabis Stock Index Exceeds 200% Returns in 2016
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...
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Private Equity Firm CannaRoyalty Acquires Stake in Marijuana Testing Company
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...
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Aphria and York Plains to Invest in Newly Launched Cannabis Fund
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...
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Cannabis Real Estate Fund Lists on NYSE
Innovative Industrial Partners, a cannabis real estate investor based in San Diego, CA has received the go ahead from the Securities and Exchange Commission to proceed with the first ever cannabis real estate fund to be listed on the NYSE. It's current offering is...
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