Real estate collateral still one of the best bets for raising capital. Cannabis companies looking for a cash injection will probably have a tougher time in coming months than in previous years, as the investor pool shrinks and financing options have narrowed, several experts told attendees during a finance forum this week in Las Vegas. …
Capital Options Slims for Cannabis Businesses, But Money Still Accessible Read More »
The psychedelics research company ended the quarter with less than $100K cash. Cash-strapped Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) continued to refocus its operations through the third quarter ended Sept. 30. The company recorded a net loss of $3.3 million for the period, a 27% improvement over the loss reported a year ago. For the first …
The modern marijuana industry is headed toward massive consolidation that will eventually feature just a handful of companies atop a global supply chain, predicted Curaleaf Executive Chairman Boris Jordan during an appearance at an investor forum this week. Jordan, speaking during Cannavest at MJBizCon in Las Vegas, told audience members that a close friend of …
Curaleaf Chairman: Cannabis May Emulate Tobacco Oligopoly Read More »
The newly-created Federation of International Hemp Organizations (FIHO) will finalize its first-ever board of directors at an inaugural general meeting this Friday, Nov. 18 in Saskatoon, Saskatchewan, Canada. The group, which announced it was forming last year and held an organizational meeting in March, has said it will address key issues that affect the industry …
International hemp organization to name opening board of directors Read More »
Both have unpaid debts and haven’t managed to go public as planned. It seems High Times and the company it just bought, Moxie Holdings, have a lot in common. Both companies failed to go public as planned, and both have not paid their debts. Moxie Misfires Moxie Cannabis, also known as MXY Holdings, told investors back in …
Moxie Cannabis & High Times Copes Various Similarities Read More »
LSD is back with a flurry of new applications to treat a broad array of conditions. By now, everybody in the psychedelics industry knows the story of lysergic acid diethylamide (LSD): discovered by Swiss chemist Albert Hoffman in 1938; consumed by counter culture of the late 1960s as a popular recreational drug; used in government acid experiments …
The industry still has inroads to make in several states. At least seven localities in Colorado and Rhode Island voted down recreational marijuana sales measures on Election Day this week, another display signaling the cannabis industry still has inroads to make – even in states that have longstanding markets. In Colorado Springs – the second-largest …
Cities in Colorado, Rhode Island Discard Recreational Cannabis Read More »
CBD is not only a popular but also a holistic choice for people struggling with pain, inflammation, and sleep problems. But it’s a wonder for many first-time users why CBD is so expensive. Some people may find it lucrative to purchase the cheapest CBD products, but they might not know that high-quality CBD oil products …
We just saw the headlines and maybe you saw it too: “California Fully Legalizes Medical Cannabis for Pets!” Please excuse the incredibly click-bait title here. Pets cannot consume your traditional medical cannabis products. What this headline should say is that for the first time, a sovereign US state extends animal access to a cannabis product …
The National Industrial Hemp Council (NIHC) sent a letter to the U.S. Food and Drug Administration (FDA) Nov. 3, urging the federal agency to approve hemp as an animal feed ingredient. In the letter, the NIHC referred to a virtual webinar it co-hosted with the American Association of Feed Control Officials (AAFCO) Aug. 9, which addressed the steps needed to approve hemp as …
National Industrial Hemp Council Wishes FDA to Support Hemp Seed for Animal Feed Read More »
