Following up on our recent discussion of how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index at the end of March. After declining 4.6% in April, the index fell another 2.5% in May to 93.02: The index includes companies that provide... Read more
Rhode Island lawmakers introduced a new bill to legalize marijuana on Friday, with just weeks left to go in the 2021 legislative session. Two sources familiar with the situation told Marijuana Moment that because time is running out, lawmakers are likely to reconvene in September to tackle the legislation,... Read more
Is marijuana legalization about to go federal? Congressional leaders took the massive and potentially historic first step on Friday, when they introduced the Marijuana Opportunity, Reinvestment, and Expungement Act of 2021, or “The MORE Act of 2021”. The stated purpose of the MORE Act of 2021: “To decriminalize and... Read more
Police in the U.K. just investigated what they thought was the possible site for a cannabis farm, and in the process, made a surprising discovery—an illegal bitcoin mine. For those not aware, a bitcoin mine is a data hub that pushes sometimes-illicit bitcoin transactions through. This bitcoin mine was... Read more
Rhode Island lawmakers introduced a new bill to legalize marijuana on Friday, with just weeks left to go in the 2021 legislative session. Two sources familiar with the situation told Marijuana Moment that because time is running out, lawmakers are likely to reconvene in September to tackle the legislation,... Read more
Rhode Island lawmakers introduced a new bill to legalize marijuana on Friday, with just weeks left to go in the 2021 legislative session. Two sources familiar with the situation told Marijuana Moment that because time is running out, lawmakers are likely to reconvene in September to tackle the legislation,... Read more
Rhode Island lawmakers introduced a new bill to legalize marijuana on Friday, with just weeks left to go in the 2021 legislative session. Two sources familiar with the situation told Marijuana Moment that because time is running out, lawmakers are likely to reconvene in September to tackle the legislation,... Read more
Cansortium Reports First Quarter 2021 Financial Results Q1 Revenue up 49% YoY to $15.1 Million; Adjusted EBITDA up Significantly to $4.4 Million Management to Host Conference Call Today at 4:30 P.M. Eastern Time MIAMI, Fla., May 28, 2021 /PRNewswire/ – Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the... Read more