The parent company of online cannabis advertising giant Weedmaps – California-based WM Technology Inc. (Nasdaq: MAPS) – plans to raise $224.3 million by more than doubling the number of shares issued to date to stockholders, the company said in a pair of prospectus filings with securities regulators this month. The …
Tag: Investing
Tilray AMA: Cannabis beverages offer the biggest opportunity
Tilray Brands (NASDAQ: TLRY) CFO Carl Merton faced shareholders on Reddit after markets closed on Tuesday, addressing a wide range of questions from the company’s plans in Europe to when the company expects to turn a profit. But a core focus for the executive was the opportunities in cannabis beverages, …
Minnesota cannabis regulators scrap lottery for standard licensing
Minnesota cannabis regulators announced Wednesday they will abandon their initial social equity licensing lottery system and transition to a standard licensing process for both social equity and general applicants. The Office of Cannabis Management’s decision comes after a Ramsey County District Court judge stayed the planned Nov. 26 license lottery, …
The One Number That Matters for the Hottest Marijuana Stocks
It’s been a busy few months for Aurora Cannabis. Just how busy was made crystal clear when the Canadian marijuana grower reported its fiscal 2018 second-quarter results last week. While Aurora’s Q2 results were impressive, the […]