Future Farm Sets Closing Date for RI Building Zoned for Cannabis; Receives $1.4 Million in Warrant Conversions; and Provides Update on Voluntary Shareholder Warrant Conversion December 12, 2017 – Vancouver, British Columbia – Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that the closing date for […]
THE BUZ ON CANNABIS STOCK
CANNABIS BUZZ Pure play marijuana stocks are scarce. Most companies in the marijuana industry trade over the counter (OTC), where solid information regarding operations and financials is difficult to retrieve. Exceptions extend to issues such as GW Pharmaceuticals plc (NASDAQ: GWPH), a British biopharmaceutical company that developed two cannabis-based drugs licensed for use outside the United States. Sativex is used to treat muscular contractions in multiple sclerosis patients, and Epidiolex targets epileptic seizures in children. Both drugs have entered Phase 3 clinical stage trials in the United States. GWPH has a $2 billion market cap and had returned 23% year to date (YTD) as of Aug. 15, 2016.
Political and legal obstacles remain the highest hurdles for the marijuana industry in 2016. Four states, Oregon, Washington, Alaska and Colorado, have legalized recreational marijuana, and 25 states plus the District of Columbia have approved cannabis for medicinal purposes. The plant is categorized at the federal level as a Schedule 1 drug, possessing the highest risk for psychological and physical dependence, and more curiously, having no acceptable medical use.
CanniMed Commences Legal Action against the Aurora Hostile Bid; Files Proxy and Directors’ Circulars; Urges Shareholders to Vote Their Green Proxy in Favour of the Newstrike Acquisition, and to Take No Action to Reject Aurora’s Hostile Bid – CanniMed has commenced legal action against Aurora for regulatory orders that, among other things, the Hostile Bid […]
Actions Versus Words: Aurora CEO’s Actions Reveal That Aurora Stock is Inflated; Insiders Sell $17 Million in Stock During Their Hostile Take-over Bid for CanniMed and During a Financing Despite trying to convince CanniMed shareholders to take Aurora’s shares in their opportunistic and coercive hostile bid, Aurora insiders’ cash out evidences their belief that Aurora’s […]
Tauriga Sciences, Inc. Announces the Relocation of its Corporate Headquarters to Midtown Manhattan NEW YORK, NY–(Marketwired – Nov 29, 2017) – Tauriga Sciences, Inc. (OTC PINK: TAUG) (“Tauriga” or the “Company”) today announced that it has decided to move its corporate headquarters from Danbury, Connecticut to Midtown Manhattan in New York City. The effective date of this […]
Tetra Bio-Pharma accelerates submission of New Drug Application to FDA & Expects to Commercialize Dronabinol XL Tablet Ahead of Schedule(1) in the US OTTAWA, ONTARIO–(Marketwired – Nov. 28, 2017) – Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (TSX VENTURE:TBP) (OTCQB:TBPMF), a global leader in cannabinoid-based drug development, today announced that it is partnering with […]