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Indoor Harvest Acquires Majority Control In Metabiogenix USA
Monday, May 8, 2023 - 10:52am | 413Indoor Harvest Corp. (OTCPK:INQD) announced the acquisition of a 60% controlling interest in Metabiogenix USA for $2.5 million in a combination of cash and common stock. During the close of the acquisition, Metabiogenix USA received a valuation of $8.9 million from the Japanese Medical Institute....
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Indoor Harvest Corp. Acquires 369Hemp, Plans To Expand Into Smokable Hemp Market
Monday, May 1, 2023 - 2:41pm | 325Indoor Harvest Corp. (OTCPK: INQD) announced the completion of its acquisition of Opportunity Development Group, LLC, and its subsidiary, 369Hemp, Inc., a hemp cigarette manufacturer. Leslie Bocskor, CEO and chairman of INQD expressed excitement about the acquisition, stating that they are...
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Cannabis Movers & Shakers: Ousted CEO, Latest Appointments & New Head Of NM Marijuana Regulator
Friday, April 21, 2023 - 8:46am | 619Flora Growth Announces New CEO & Board Member Flora Growth Corp. (NASDAQ: FLGC) confirmed that Luis Merchan opted to step down as both chairman of the board and chief executive officer. The board appointed JustCBD founder Hussein Rakine as his replacement. “We are honored to have the...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, July 13, 2018 - 4:41pm | 3341This week, Tilray and Sproutly Canada went public, Sunniva announced plans to spin off its Canadian assets, Zynerba Pharmaceuticals posted positive data for its Phase 2 trial for ZYN002 in Fragile X syndrome, and Zogenix released positive top-line results from its second pivotal Phase 3 study...
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Canada Legalizes Recreational Marijuana Nationwide Beginning Oct. 17: Experts React
Wednesday, June 20, 2018 - 5:09pm | 769In a widely anticipated move, the Canada Senate passed a law legalizing adult use of marijuana on a federal scale. The legislation establishes the basic criteria to allow and regulate the growth, distribution, sale and consumption of cannabis. Details will be left to provinces and territories. Many...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, June 15, 2018 - 4:35pm | 3075In a big step for cannabis and hemp, the Senate Agriculture Committee passed a 2018 Farm Bill that includes hemp legalization language. “It is no secret that industrial hemp boasts the most significant potential for global economic impact from the cannabis industry. Hemp is a commodity. It...
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'Decriminalizing Cannabis Is Long Overdue': Politicians, Experts React To Chuck Schumer's Marijuana Bill
Friday, April 20, 2018 - 11:58am | 671April is shaping up to be a great month for marijuana. Last week, President Donald Trump announced the federal government would not interfere with states’ rights to decide their cannabis laws and former Speaker of the House John Boehner joined the board of directors of New York-based...
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Why Industrial Hemp Could Prove A Larger Economic Driver Than Marijuana
Thursday, August 10, 2017 - 10:28am | 1929Industrial hemp is set to be a huge economic driver in the not-so-distant future, even more so than medical cannabis or even recreational marijuana, Cynthia Salarizadeh told Benzinga during a recent conversation – while discussing Salar Media Group and Civilized Media Group’s recent...
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Bigger Than Bingo: Seminole Chief Jim Billie On His New Cannabis Advisory Firm And A Tax-Free Environment
Tuesday, July 18, 2017 - 8:47am | 1005One of the largest problems cannabis entrepreneurs face right now is taxation. Since marijuana is still illegal on a federal level in the United States, businesses operating legally on a state level don't qualify for federal tax deductions covering things like rent and employee salaries....
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Nevada Marijuana Emergency Shows The Real Size Of America's Demand For Cannabis
Thursday, July 13, 2017 - 2:08pm | 1133Nevada started selling cannabis for adult use just a couple of weeks ago and dispensaries are already running low on (or even out of) product. Almost every major media outlet in the U.S. has reported on this event, explaining the shortage is caused by distribution problems and inefficiencies rather...
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New Frontier Data CEO On Collective Effort Behind Marijuana Legalization: Coming Together Helps The Whole Cannabis Industry
Tuesday, June 13, 2017 - 7:09am | 358Back in November, during a conversation with Benzinga, The ArcView Group’s CEO Troy Dayton explained why he conceived cannabis legalization as a collective effort — a perspective with quite the stick. So, when chatter came through the lines regarding New Frontier Data and its multiple...
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Why Hemp Could Be The Future Of Plastics
Friday, May 5, 2017 - 11:10am | 1024Leslie Bocskor, investment banker and president of cannabis advisory firm Electrum Partners, is one of the most passionate people in the cannabis industry Benzinga has come across. In a recent chat, Benzinga asked him to discuss a topic he was passionate about, an issue he found particularly...
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Trump, Sessions, Spicer And Medical Marijuana: Industry Insiders Discuss The Future Of Cannabis
Tuesday, March 14, 2017 - 10:40am | 913There’s been a lot of talk about what the federal government will do about legal cannabis, especially due to the fact that government officials haven't said much about the issue. However, there seems to be a certain level of consensus among industry insiders that “Trump will leave...
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How To Pick The Right Marijuana Stocks
Monday, March 13, 2017 - 12:36pm | 1526Benzinga recently spoke with investment banker and President of cannabis advisory firm Electrum Partners, Leslie Bocskor, about how CEOs in the marijuana industry could navigate market volatility in times of regulatory uncertainty. The key to succeeding in such an enterprise is that execs stick to...
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Marijuana Stocks: How CEOs Can Navigate Market Volatility (And Survive Spicer And Sessions)
Friday, March 10, 2017 - 9:39am | 888Cannabis stocks have been quite volatile recently, mostly driven by uncertainty surrounding what the federal government will do about legal marijuana. Looking to shed some light on how weed companies can handle and navigate these volatile markets while protecting their valuations, Benzinga reached...