Category Archives: market

Q&A: Stockhouse’s Cindy Broad on why U.S. pot businesses look to Canada for capital

As cannabis legalization continues to flourish in North America, several U.S. marijuana companies are turning to Canada’s stock markets in order to build capital. Major cannabis companies such as Flow Kana, MedMen and Wagner Dimas have decided to avoid legal roadblocks in the U.S. by offering shares through Canadian exchanges and generating millions in financing. […]

California approves marijuana deliveries throughout state

(Courtesy of Meadow) Californians will be allowed to order cannabis for delivery regardless of their local pot laws. California State Cannabis Licensing Authorities on Wednesday announced the finalization of cannabis regulations that includes home delivery services statewide, the Associated Press reports. The new rule will allow home deliveries throughout the entire state, even in small […]

Marlboro maker reportedly interested in joining marijuana industry

(courtesy Wikimedia Commons) The world’s largest tobacco company is now planning to enter the legal cannabis market. The Altria Group Inc. — owners of Philip Morris USA, Nat Sherman, and several other cigarette companies — is in talks to purchase the Canadian cannabis producer Cronos Group, reports Reuters. The acquisition of Cronos would give Altria […]

California’s struggling marijuana market considers new delivery rules

(Courtesy of Meadow) California’s legal cannabis industry are looking to change rules on delivery services to help boost a struggling start. Industry leaders and business owners met on Tuesday with the state’s top pot regulator Lori Ajax in hearing on the current state of the legal recreational marijuana market, reports the AP. “Unfortunately, there is […]