Former NBA Star Isiah Thomas Invests $3M Into Colombia-Based Cannabis Company
Mon / Feb 22nd
Former NBA player and coach Isiah Thomas has invested $3 million into One World Pharma, a licensed hemp and cannabis ingredient producer in Colombia.
The legal cannabis market continues to expand at a rapid pace and increases its value by billions every year. As more states and countries move to create legal industries, investors are looking to develop businesses in a market slated to make over $13 billion by 2020. Below are articles related both to seeking investments and investing in cannabis.
Mon / Feb 22nd
Former NBA player and coach Isiah Thomas has invested $3 million into One World Pharma, a licensed hemp and cannabis ingredient producer in Colombia.
Wed / Feb 17th
Former NBA All-Star Chris Webber and JW Asset Management LLC have joined to launch a $100 million private equity fund aimed at investing in cannabis companies led by entrepreneurs of color.
Thu / Jan 14th
Jonathon Goldrath is a consultant for cannabis entrepreneurs, a career cannabis executive, and the co-founder of 317 Opportunities.
Tue / Dec 29th
The cannabis-focused real estate investment trust AFC Gamma in West Palm Beach, Florida has submitted a filing for going public on the Nasdaq.
Tue / Dec 22nd
Casa Verde Capital, the cannabis investment firm co-founded by Snoop Dogg, has closed on $94.7 million during its second round of investment funding.
Wed / Dec 16th
Peter Vogel is the CEO of Leafwire, a social media and business networking site dedicated specifically to the cannabis industry.
Tue / Dec 15th
LeafLink has announced the close of a $40 million investment round led by Peter Thiel’s Founders Fund.
Fri / Dec 11th
Weedmaps is set to go public with a Nasdaq listing. The deal values the company at approximately $1.5 billion.
Wed / Sep 23rd
Cheech Marin is partnering with Cannabis10X, global investors, and the quintessential Bruce Linton to judge 15 global cannabis brands competing… Read More
Tue / Aug 18th
Medicine Man Denver announced it was terminating its deal with Schwazze and will look for new partners; it’s the second failed deal in as many months for Schwazze.
Mon / Aug 3rd
The SEC has filed charges against six people for allegedly defrauding more than 400 investors out of $25 million; the scheme supposedly took place between September 2017 and February 2019.
Thu / Jul 9th
The SEC has ordered a halt to the High Times IPO after the company missed its annual report deadline in June; recent marketing material, however, suggests that fundraising efforts are still underway.
Thu / Jul 9th
Collective Growth Corp., the new hemp investment and acquisition venture headed by veteran cannabis CEO Bruce Linton, raised $150 million in its recent IPO.
Tue / Jun 30th
Brian Lannon, the co-founder and former CEO for Cannalysis, a California testing lab, has filed suit against the company over allegations of wrongful termination, fraudulent activities, and more.
Mon / Jun 15th
Former NBA player Al Harrington has launched a business incubator program to help Black entrepreneurs enter the cannabis space.
Wed / May 27th
Recent data released by the Maryland Medical Cannabis Commission shows that just 10 percent of the state’s cannabis industry investors are people of color.
Wed / May 20th
Catharine Dockery is a founding partner of Vice Ventures, a venture capital fund that focuses on verticals that other investors typically avoid.
Thu / Apr 23rd
Peter Thiel’s Palantir was awarded a contract to build the government’s COVID-19 tracking database; Thiel is a major investor in Privateer Holdings and a prominent supporter of President Trump.
Tue / Apr 7th
Cannabis businesses in North America are beginning to experience financial fallout from the ongoing coronavirus pandemic.
Wed / Apr 1st
Chris Treville is the Co-Founder of GrowEx, a high-tech cannabis cultivation company focused on improving and innovating indoor growing systems.
Fri / Mar 6th
Bruce Linton, the renowned former CEO of Canopy Growth, has launched a new company focusing on hemp and CBD investment opportunities.
Thu / Mar 5th
Scott Goldie is the Chief Executive Officer of Goldenseed, a vertically and horizontally integrated California cannabis company.
Wed / Feb 5th
The owners of a cannabis farm in Anacortes, Washington have been accused of defrauding investors of nearly five million dollars in an illegal Ponzi scheme.
Wed / Dec 18th
Michael Catudal is a Managing Partner at Capital Business Collective, a private equity advisory that emphasizes unique ideas in the cannabis industry by helping connect investors with ripe opportunities.
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