Image: The Cannabis Investor. As the cannabis industry continues to grow and change, many cannabis companies are choosing to go public. Companies that cultivate or sell THC-rich cannabis are unable to participate in the NASDAQ or New York Stock Exchange. This is due to federal cannabis laws, according to The Motley Fool. However, lenders in the cannabis industry are able … [Read more...] about Cannabis IPOs to Watch
Cannabis companies are going public through SPACs. Photo credit: rthanuthattaphong. Popular canna-companies; Leafly, Weedmaps and High Times have all announced plans to go public through a Special Purpose Acquisition Company (SPAC). But what exactly does this mean? What is a SPAC? When a company decides to go public, which they typically do through an Initial Public … [Read more...] about Canna-Companies Going SPAC; What is it?
Dutchie, a cannabis tech company that provides customers with safe online access to their local dispensaries, has made industry history. This past week, Dutchie announced a valuation of $1.7 billion while completing its series C goal to raise $200 million. Two newly acquired businesses now join the family, Leaflogix and Greenbits, with the introduction of new leadership. … [Read more...] about Dutchie Makes Big Moves While the Stock Market Remains a Confusing Place for Cannabis
Written by Jeffrey Welsh and Justin Keller, Frontera Law Group You’ve heard that cannabis has been legalized for recreational use; you’ve seen billboards around town advertising cannabis delivery services; you’ve walked through the sleek, new dispensary that just opened; you’ve heard about cannabis companies going public in the U.S. and Canada and making millions. You’ve been … [Read more...] about So, You Want to Invest?