fund

  1. Ron Strider

    How To Buy Marijuana Stocks Quickly And Easily With This New Fund

    It’s high time individual investors have a diversified fund to quickly and easily invest in the so-called green rush and get a toke of America's fastest-growing industry. The first U.S. exchange-traded fund, ETF, to focus on marijuana stocks is launching Dec. 26 -- days before California...
  2. Ron Strider

    A Former Blackrock Executive Is Raising One Of The Biggest Marijuana Funds Yet

    A private equity fund co-chaired by a former BlackRock Inc. executive is planning to raise $250 million to invest in marijuana businesses in places such as Los Angeles, Las Vegas and midtown Manhattan. MedMen Opportunity Fund II, which looks for companies that cultivate, manufacture and sell...
  3. Ron Strider

    Canada Tries Trading Marijuana In New ETF

    You can smoke it or eat it, and now in Canada, you can trade it in your stock portfolio. The $120 million Horizons Marijuana Life Sciences ETF - the first exchange traded fund in North America that focuses on the legal marijuana market - launched in April on the Toronto Stock Exchange. There...
  4. Katelyn Baker

    Salveo Capital Collects Capital For Legal Cannabis-Focused Fund

    Chicago-based Salveo Capital, a venture firm dedicated to legal cannabis sector, has collected the first commitments for its $25m-targeting debut fund. Salveo Fund I has landed $1.69m from 20 unnamed LPs according to a filing with the US Securities and Exchange Commission. The filing...
  5. Katelyn Baker

    Medical Marijuana Fees Fund Michigan's War On Drugs

    It turns out that Michigan's medical marijuana patient fees – the $60, (previously $100) two-year cost for most patients – have made the Michigan Medical Marihuana Fund flush with cash. And to return the favor, state law enforcement has tapped that fund to aggressively crack down on marijuana...
  6. Katelyn Baker

    CA: Oakland Cannabis Community Team Up To Aid Fire Tragedy Victims

    As the Oakland art community remains devastated by the events of the recent Ghost Ship warehouse fire, the city's cannabis community is banding together to provide some relief to the victims affected. Several Bay Area cannabis companies are helping out by donating to the Oakland A's community...
  7. Katelyn Baker

    WA: Can't Pay For Your Medical Marijuana? A New Fund Might Help

    A Washington cannabis business group is starting a fund to help patients defray the cost of medical marijuana. The Washington CannaBusiness Association said Tuesday that the new charitable effort will expand patient access to medical marijuana. Marijuana's illegal status at the federal...
  8. Katelyn Baker

    AK: Marijuana Fees Could Fund Sitka Student Travel

    During their regular meeting Tuesday night, the Sitka Assembly approved — on first reading — a dedicated fund for student activity travel using marijuana fees. See ordinance here: Ord 2016-39 The ordinance, co-sponsored by Assemblyman Steven Eisenbeisz and Deputy Mayor Matthew Hunter...
  9. Katelyn Baker

    AK: Petersburg Assembly Considers Revenue From Proposed Pot Tax

    A proposed tax on marijuana and marijuana products advanced in second reading Monday before the Petersburg borough assembly. However, the assembly voted to change the wording for future use of the proceeds of such a tax. f voters approve commercial marijuana sales in the borough in next...
  10. Katelyn Baker

    CA: Shasta Lake Budget Expects Pot Revenue To Grow

    Shasta Lake's City Council on Tuesday will weigh the town's two-year budget, which may see medical marijuana sales tax revenue to grow by nearly $100,000 year-over-year. That budget totals about $38 million in spending and anticipated revenue, including about $7 million for the general fund...
  11. Katelyn Baker

    CA: Shasta Lake Budget Expects Pot Revenue To Grow

    Shasta Lake's City Council on Tuesday will weigh the town's two-year budget, which may see medical marijuana sales tax revenue to grow by nearly $100,000 year-over-year. That budget totals about $38 million in spending and anticipated revenue, including about $7 million for the general fund...
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