MassRoots Enters Into Definitive Agreement To Acquire Whaxy

MassRoots To Acquire Whaxy

COLORADO: MassRoots, one of the leading technology platforms for the cannabis industry, this week announced it has entered into a definitive agreement to acquire DDDigtal Inc. d.b.a. “Whaxy” & Cannabuild for $100,000 cash and 2,926,830 million shares of MassRoots’ common stock. Since launching in May 2016, Whaxy‘s menu management and online ordering platform for licensed cannabis businesses has processed Read the full article…

2016 Cannabis Investment Study: 68% Of Investors Open to Businesses That Touch Marijuana

2016 CANNABIS INVESTOR STUDY

DISTRICT OF COLUMBIA: New Frontier Data, in partnership with Arcview Market Research and The Arcview Investor Network has released its 2016 Cannabis Investment Study. The study unveils insights from Arcview’s members and shows that despite the differences in regulations affecting businesses that touch cannabis and ancillary businesses that do not touch cannabis, the majority of investors (68%) are now Read the full article…

Investors Should Be Encouraged by 3 New Marijuana Statistics From The “Greenest” State

Excited customers lined up outside dispensaries in Portland, waiting for the clock to strike midnight.

OREGON: We can assume there were quite a few cheers when California passed Proposition 215 in 1996, becoming the first state to legalize marijuana’s medical use, but 2016 could go down as the most remarkable year for the marijuana industry to date. Since this first approval 20 years ago, the marijuana industry has witnessed 24 states Read the full article…

Investment Firm That Specializes In Marijuana Businesses Opens Local Office

"We are fortunate to be an early entrant in the legal cannabis capital markets, which allows us to seek and fund the best proven companies in the cannabis space," said Kevin Gillespie of First Harvest Financial, in a statement.

ILLINOIS: A private equity fund management firm that specializes in investments in marijuana-related businesses is opening a Chicago office. First Harvest Financial said it’s opening an office at the Chicago Board of Trade Building, 141 West Jackson Blvd., to fund companies in the medical cannabis market. “We are fortunate to be an early entrant in the Read the full article…

Marijuana Will Be The Single Best Investment Idea Of The Next Decade: Todd Harrison

Harrison also cites the expected decline in crime rates and  prison populations as powerful incentives to decriminalize  marijuana.

NEW YORK:  Call it a drug trade for investors. Todd Harrison, CEO and founder of Internet-based financial media company MInyanville, thinks cannabis “will be the single best investment idea for the next ten years.” But while the public has watched recreational marijuana take off in Colorado this year, how can they profit from it as an investment Read the full article…

Don't Invest in Medical Marijuana Public Companies Just Yet

Financial and Banking regulations may keep legal marijuana business all cash

Nineteen states plus Washington DC have legalized medical marijuana with legislation pending in six more states. Washington and Colorado have even legalized the sale of marijuana for recreational purposes. In the wake of this trend, I was hired by a consortium of successful California medical marijuana growers to explore how they could create a public company, attract investors Read the full article…

Don't Invest in Medical Marijuana Public Companies Just Yet

Financial and Banking regulations may keep legal marijuana business all cash

Nineteen states plus Washington DC have legalized medical marijuana with legislation pending in six more states. Washington and Colorado have even legalized the sale of marijuana for recreational purposes. In the wake of this trend, I was hired by a consortium of successful California medical marijuana growers to explore how they could create a public company, attract investors Read the full article…