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What Zynerba's Flop Means For CBD Therapies And GW Pharmaceuticals
Monday, August 7, 2017 - 9:41am | 475Shares of Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) lost more than 58 percent of their value Monday morning after the company reported disappointing results from its phase 2 STAR 1 clinical trial for its adult epilepsy treatment. Zynerba is one of the largest cannabinoid-focused pharmaceutical...
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High Times Will Go Public On The Nasdaq This Fall
Thursday, July 27, 2017 - 10:38am | 511Cannabis publication High Times will go public this fall and start trading on the Nasdaq exchange in October. When contacted by Benzinga, High Times' media team clarified that this is "not an IPO." According to a press release, Hightimes Holding Corp., the magazine’s publisher,...
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Marijuana Venture Capitalist On CanopyBoulder's Investments: We Focus On Co's That Can Scale To Spectacular Levels Very Quickly
Tuesday, June 27, 2017 - 12:36pm | 1263"How does one start a business in the cannabis industry? What are the biggest hurdles to overcome?" —Benzinga In a recent conversation with Benzinga, Andy Williams — co-star of MSNBC's “The Pot Barons of Colorado” and founder and CEO of Medicine Man Denver, Medicine Man...
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Maricann CEO Talks C$42.5M Financing Round And German Expansion: 'We Are In A Pole Position'
Wednesday, June 14, 2017 - 12:26pm | 645Last month, Maricann Group Inc. (CSE:MARI), a vertically integrated medical marijuana producer and distributor, announced it had secured C$42.5 million, or $32.2 million, in non-dilutive financing to increase production in Germany. This raise was one of the biggest of 2017 and Benzinga reached out...
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This Biometric ID System Allows You To Buy Weed, Booze And Other Controlled Products From A Vending Machine
Saturday, June 10, 2017 - 12:38pm | 848American Green Inc (OTC: ERBB) recently unveiled a new system that allows vending machines to sell controlled and age-restricted products like alcohol, pharmaceuticals, casino chips, cannabis and even firearms. The system uses state-of-the-art biometric verification technology to...
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The 420 Investor On MedReleaf's Rough IPO: The Stock Is Still A 'Screaming Buy'
Thursday, June 8, 2017 - 11:41am | 650MedReleaf Corp (TSE:LEAF), one of the major licensed cannabis producers in Canada, started trading on the TSX on Wednesday and its debut was far from pleasant. After opening at C$9.50 ($7.04), shares lost 22 percent, closing at C$7.40 ($5.48). According to Bloomberg data, this drop marked "the...
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'Get Lit': Blend's Data Reveals How Millennials Talk About Weed
Saturday, May 27, 2017 - 7:03pm | 598Meet Blend Blend is a group-messaging app with a focus on content. By adding bots into its chat interface, the company is looking to tap into the “AI revolution,” joining tech giants of the likes of Apple Inc. (NASDAQ: AAPL), Snap Inc (NYSE: SNAP) and Facebook Inc (NASDAQ: FB). The...
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Cannabinoid-Based Therapeutics Company Nemus Just Received $20 Million To Develop Its Drugs
Saturday, May 13, 2017 - 9:05pm | 1400The size of investments in the cannabis industry is rising at an unprecedented level, as evidenced by the more than $730 million raised by marijuana businesses in the four months of the year — versus $124 million in the first four months of 2016. One of the companies reaping the benefits of...
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Weed Vs. Opioids: Nontraditional And Traditional Biotech Take On Wall Street, But Who's Winning?
Sunday, April 30, 2017 - 12:38pm | 1060As an increasing number of U.S. states legalize cannabis in one form or another and start to reap the economic and societal benefits of revised policies, support for marijuana legalization among the population (and even among police agents) continues to surge. On the other hand, as the opioid...
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California Will Vote On Recreational Marijuana Legalization
Wednesday, June 29, 2016 - 1:50pm | 263Residents of California could be heading to the voting polls in November to decide the legal status of recreational marijuana. According to Reuters, the proposed "Adult Use of Marijuana Act" would make it legal for individuals over the age of 21 to possess up to one ounce of marijuana for personal...
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Want To Invest In Marijuana? Look To Canada
Wednesday, April 20, 2016 - 2:26pm | 493April 20 of each year marks a celebration for marijuana enthusiasts, despite the herb still being illegal in most of the country. For investors, what this means is until marijuana becomes legalized at the federal level, you'll be hard pressed to find many pot stocks trading in New York....
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Legal Marijuana Sales Dwarf Junk Food…By A Lot
Tuesday, March 29, 2016 - 12:51pm | 282The ingestion of marijuana has been associated with the "munchies" for decades, historically characterized as the consumption of junk food because of almost uncontrollable cravings ("appetite stimulant") ignited by the medicinal and recreational plant. That link seems...
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Denver Airport Rental Car Companies Scour Vehicles For Marijuana Left By Tourists
Monday, July 28, 2014 - 3:57pm | 451For months now, Colorado has been reaping the economic fruits of the state's legalization of recreational marijuana use for adults. Denver, Colorado's largest city and home to the majority of the state's cannabis dispensaries, has been enjoying a variety of financial benefits,...
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Getting The Word Out To Cannabis Users: A Chat With BudgetWeed CEO Marlon Fuller
Tuesday, July 15, 2014 - 3:57pm | 1095Editor's note on July 28, 2015: Dr. Marlon Fuller is no longer affiliated with BudgetWeed.com. BudgetWeed.com is a Charlotte, North Carolina-based cannabis industry product and service locater. The website, according to its founder and CEO Dr. Marlon Fuller is “a fusion between Yelp and...
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Disruptive Business, Wisconsin Housewives & Cannabis: A Talk With Leslie Bocskor
Friday, July 11, 2014 - 8:40am | 927Leslie Bocskor is one of the legal cannabis industry's high-profile personalities. Based in Las Vegas, he is founder of Electrum Partners, a group that develops expansion strategies for the marijuana market. He's also founding chairman of the Nevada Cannabis Industry Association. How did...