Adam JacksonMay 26, 2023
The announcement was met with a further downtick in stock price, highlighting investor concerns.
Tag: offering
Adam JacksonMay 26, 2023
Debra BorchardtAugust 4, 2020
A cautionary tale for cannabis companies and the Securities & Exchange Commission (SEC) was laid bare last week when the Central District of California filed a $25 million complaint against nine defendants. The group raised money from investors by selling the unregistered stock for the purpose of funding a marijuana farm in Salinas California. The […]
Debra BorchardtJanuary 26, 2018
High Times Holding Corporation (OACQ) issued a preliminary prospectus on Thursday to raise $50 million at a price of $11 a share. The company is highly dependent on getting listed on the NASDAQ exchange in order to meet its capital raising goals. To meet the NASDAQ listing requirements, High Times will need $17.2 million from […]
Debra BorchardtJanuary 24, 2018
California-based cannabis company MedMen is planning to become a publicly traded company in the early part of the second quarter. Rather than do an Initial Public Offering (IPO), MedMen is planning on a reverse merger in the Canadian market. C0-founder and CEO Adam Bierman is making the announcement in Vancouver at a Canaccord event. Company spokesman Daniel […]
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