-
Fyllo Raises $30M In Series B Round Led By JW Asset Management, Sol Global
Tuesday, April 6, 2021 - 12:08pm | 536The cannabis compliance technology platform Fyllo said Tuesday it has raised $30 million via an oversubscribed Series B round co-led by JW Asset Management and Sol Global. Other participants in the funding round include Entourage Effect Capital, Arcadian Capital Management, K2,...
-
Low-Cost Pot Stocks To Consider, According To Entourage Effect Capital's Codie Sanchez
Friday, March 19, 2021 - 11:10am | 579There are several key parameters an investor should consider when investing in the cannabis space, according to Entourage Effect Capital (EEC) Managing Director Codie Sanchez. Most of the market is currently small- to mid-cap, and any cannabis stock could be a worthwhile investment...
-
MORE Act Passes House Vote In 'Giant Step' For Cannabis Reform, But Falls Short On Restorative Justice
Friday, December 4, 2020 - 3:28pm | 1243The House voted to pass the MORE act on Friday, a piece of legislation that could effectively decriminalize marijuana on a federal level. “The US House of Representatives—the people’s house—has taken a giant step towards science, reason and justice,” said to Benzinga...
-
Cannabis Investors On The Election, Legalization: 'We Can't Just Wait'
Friday, October 16, 2020 - 3:14pm | 573If New Jersey voters approve legal marijuana Nov. 3, it will be a "tremendous move" for the cannabis market, said Emily Paxhia, co-founder and managing partner at Poseidon Asset Management. The Garden State is well-populated and well-positioned to apply pressure to other markets,...
-
How Texas Can Do What California Won't: Get Cannabis Regulation Right
Monday, September 14, 2020 - 11:10am | 1137By Matt Hawkins, founder of Entourage Effect Capital. Like every other state in the Union that hasn’t enacted laws legalizing medicinal and/or adult use cannabis, the State of Texas has a robust but illicit cannabis market which needs to be converted to a regulated and taxed industry. In fact...
-
How The Impending Recession Could Change The Cannabis Industry: 'Everybody Is Going To Raise Capital'
Wednesday, April 15, 2020 - 2:53pm | 1272Alan Brochstein, founder of 420 Investor and New Cannabis Ventures, joined Benzinga’s PreMarket Prep show Monday to discuss how the cannabis industry and its main players are navigating the looming recession. In recent weeks, some financial commentators have viewed the recent...
-
It's A Buyer's Market In Cannabis Stocks, But The Game Has Changed Dramatically
Wednesday, February 26, 2020 - 9:15am | 570It’s no secret investing in the cannabis space has been like navigating a minefield in the last year, but some of the top investors in the sector believe the downturn in the Canadian cannabis market in the past year has created opportunities in the U.S. market. Tim Seymour, CIO of Seymour...
-
Cresco Capital Partners Launches New Fund, Changes Name To Entourage Effect Capital
Friday, October 4, 2019 - 9:56am | 347The private equity investment firm Cresco Capital Partners is expected to reach $250 million in total assets under management with the launch of a new fund that has an initial target of $150 million, the firm said Thursday. Founded in 2014, the firm already manages approximately $100 million...