QBie™ Spotlight joins Aitan Zacharin, CEO of Greater Cannabis Co Inc. (OTCQB: GCAN), to discuss one of the OTCQB’s newest additions. GCAN joined the OTCQB on February 27, 2019. What does GCANRx do? Aitan Zacharin: “GCANRx is a biopharmaceutical company leading the industry in innovative cannabinoid delivery systems. We have taken our decades of R&D in drug delivery technologies and
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This week, OTC Markets Group Inc. announced the launch of the OTCQX® Cannabis Index (.OTCQXMJ), a new performance benchmark for cannabis companies trading on the OTCQX Best Market. The OTCQX Cannabis Index is designed to highlight the diversity of high-quality Cannabis companies that meet the financial, disclosure and corporate governance standards required to trade on the OTCQX Market. Currently, there are
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We recently caught up with Mary Ruggiero to discuss Proactive Investors’ INVEST IN CANNABIS event. Q&A below: When and where is the Forum held? Mary Ruggiero: “This forum is being held on Wednesday, January 30, 2019 at 767 3rd Avenue, 7th Floor, NYC 10017.” How would you best describe INVEST IN CANNABIS? Mary Ruggiero: “Proactive’s INVEST IN CANNABIS
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In a recent Bloomberg article about cannabis-related securities, Jason Paltrowitz explained that OTC Markets wants to be the market for entrepreneurs. Paltrowitz explained how innovative companies, like those in the cannabis space, choose OTC Markets over national exchanges because National exchanges are more restrictive, more expensive, and less beneficial for small issuers. OTC Markets has seen many international cannabis companies list on
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Last Thursday, Tilray Inc (NASDAQ: TLRY) became the first cannabis company to conduct a U.S. IPO, and in the process it raised $153 million. The company priced 9 million IPO shares at $17 each and the company’s price quickly jumped in early trading. TLRY closed its first day of trading at $22.39 (up more that 32% from its IPO price). As
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One of the oldest and biggest names in the cannabis space, High Times, is officially going public on the Nasdaq via Regulation A+. Last week, High Times announced that the Reg A share price will be set at $11, a valuation of approximately $225 million, and anyone can buy shares just by visiting hightimes.com/invest. The Reg A+ announcement comes after
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In a recent interview with Cannabis Business Times, Marcum LLP’s David Bukzin discusses IPOs, SPACs, Reg A+s, and how companies in the cannabis industry can use them to secure funding. Marcum recently completed the work on the first special purpose acquisition company (SPAC) in the cannabis space, and is handling an IPO for a cannabis oil extractor in California that intends
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In a recent interview with Cannabis Business Times, Marcum LLP’s David Bukzin discusses IPOs, SPACs, Reg A+s, and how companies in the cannabis industry can use them to secure funding. Marcum recently completed the work on the first special purpose acquisition company (SPAC) in the cannabis space, and is handling an IPO for a cannabis oil extractor in California that intends
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This April, The Planet MicroCap Showcase will bring together the most promising companies and the top dealmakers in MicroCap Finance for three days of company presentations, one-on-one meetings, and networking in Las Vegas. Last week, panels were announced for the event. Interesting topics to be covered include: – A Look at MicroCap Stocks: How Exchanges View the Market – What’s Next
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Jeffrey Goldberger and Lewis Goldberg shared a recent post on IRMagazine.com titled “Not blowing smoke: Improving cannabis companies’ investor comms.” The authors write; “From a capital markets perspective, the [cannabis] industry raises many issues, including how to raise money and invest in cannabis, and for the C-suites and boards of cannabis-producing public companies, how to effectively communicate with key stakeholders.”
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