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Marijuana legalization in multiple states has ushered in a variety of companies and funds that are selling shares. Some investors have been playing this market for several years already. But while marijuana has been legalized for medical and recreational use in a short list of states, at the federal level marijuana is still illegal. But should you invest in stocks?
When news broke that Founders Fund, the proudly contrarian venture firm helmed by PayPal co-founder Peter Thiel, was going to invest a major $75 million in Privateer Holdings, a company focused on producing, distributing and educating consumers about legal marijuana, it opened the floodgates for other investors to barrel in.
Snoop Dogg (a.k.a. Snoop Lion) is putting together a fund specifically to aid in weed startup companies.
In Kan's estimation, cannabis is a $40 billion dollar market with a limited amount of players. Calling cannabis an "investors dream," Kan claims that there is tremendous opportunity to be a prime-mover in this quasi nascent industry.
Founders Fund, the $2 billion San Francisco venture capital firm run by Silicon Valley stars including Peter Thiel, co-founder and former CEO of Paypal, is investing in Privateer Holdings, a marijuana company that owns several pot-related brands.
In the midst of prolonged recession which has left millions jobless for years at a time, American investors are offshoring their funds in droves in an attempt to find profits in the legal cannabis market of Canada...
Two Canadian medical marijuana producers, Bedrocan (BED)& OrganiGram (OGI), began public trading on Monday, joining their competitor Tweed Inc. on the Toronto Stock Exchange.
British Columbia medical marijuana promoters are turning to former police chiefs and prominent politicians to help sell their products and attract mom and pop investors.
Executives at GrowLife manipulated the company's share price to issue below-market shares to insiders, then dumped millions of shares in the market just before the company was suspended from trading, a shareholder claims in a derivative complaint.
The SEC on Tuesday charged four stock promoters with manipulating prices of microcap companies, "including marijuana-related stocks that the agency has warned investors about in recent weeks."
Colorado is the 2nd most active in issuing state and federal wiretap authorizations, and 9 out of 10 such wiretaps concern drug offenses. DailyFinance speculates if the number of wiretaps..
There is no shortage of conflict and confusion while investors and entrepreneurs scramble to get their hands in the legal pot. If you are considering getting into the cannabis business, here are five misconceptions about the industry that are imperative to understand.
Silicon Valley entrepreneurs love to beat their chests about how disruptive they are. But that bravery hasn't extended to one booming industry that's experiencing a 68 percent growth rate: the legal cannabis market.
Medical marijuana looks to have a bright future and if marijuana is ever legalized on the federal level there will be marijuana stocks that will benefit.
Would-be investors and entrepreneurs are already lining up to get into the medical marijuana business should it become legal in Florida. More than..
This year's 4/1 is a bigger deal than 4/20, at least from a marijuana stock investing standpoint outside the US. Come April 1, not only will Canada's MMPR program roll-out but also Uruguay's legalization
Bart Mackay is technically pot's first billionaire, as a result of his ~$1.8 billion worth of CannaVest holdings. However, he doesn't see it that way since
With media attention, recreational cannabis, and states going for medical legalization, investments in marijuana-related firms have posted stellar returns.
