As part of its expanding strategy to venture into the legal marijuana industry, India Globalization Capital, Inc (IGC) has recently acquired Midtown Partners & Co, LLC, a licensed broker-dealer based in New York. IGC CEO Ram Mukunda says that his company expects that the earnings of Midtown will be accretive and contribute to IGC’s goals, which are to increase per-share […]
India Globalization Capital, Inc (IGC) Acquires Midtown Partners & Co, LLC To Offer Cannabis Broker-Dealer Services
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January 22, 2015
Both companies are still largely clinical-stage in their development, and weak trial results or an
India Globalization Capital, Inc (IGC) Acquires Midtown Partners & Co, LLC To Offer Cannabis Broker-Dealer ServicesDecember 20, 2014As part of its expanding strategy to venture into the legal marijuana industry, India Globalization
December 16, 2014
That outfit became the subject of controversy last month, when the state pulled its three
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If the bill, which was referred to the Senate state government committee, makes it to the desk of Democratic Gov. Tom Wolf’s office, he indicated he’d sign it into law. “I campaigned on decriminalization of recreational marijuana use,” Wolf told reporters and bill supporters after the press conference. “I want to legalize medical marijuana as well.” […]
“Our investments help position the company to take advantage of two growing markets,” said David Williams, CFO of DigiPath, Inc. He cites published reports that estimate the global digital pathology market will grow 11.8 percent annually between 2013 and 2018, and that the legal cannabis market grew 64 percent between 2013 and 2014. “During the last several months, we invested […]
These aren’t slam-dunk long-term investments, though, because they do face some significant challenges, such as a shrinking smoking base domestically, rising taxes on tobacco (often partially aimed at reducing the smoking rate), increased regulations against smoking, and public health campaigns against tobacco use. Still, they’re far from dead yet, they generate hefty free cash flow, and they have been responding […]
Gualtieri said he supports legalization of marijuana for medical purposes but only for people who truly need it. “What I don’t want to see is under the guise of eliminating that pain, under the guise of medical marijuana, is recreational marijuana,” he said. The Sheriff said his problem with Amendment 2 was the way it was written, allowing any physician, […]
Is there a future in Pennsylvania for medical marijuana? Now that some states like Colorado and Illinois have legalized pot, Pennsylvania is looking forward to look into marijuana whether it can help the state financially and if it can help its constituents with their health problems. News 8 is looking into the future of medical marijuana in Pennsylvania. One of […]
Greengro Technologies Teams With Veridian Laboratories to Provide Advanced Testing Services for Agriculture and Cannabis
Greengro Technologies (OTC: GRNH) announced today that it has entered an agreement with Veridian Laboratories to develop and market advanced testing services and products for the agriculture and cannabis industries. According to CEO James Haas, “One of the fastest growing areas of agriculture, specifically with cannabis is the demand for consistent validated testing methods. Our goal in teaming with Veridian […]
Canada’s Marihuana for Medical Purposes Regulations (“MMPR”) have generated a lot of attention within the investment community. After Tweed Marijuana Inc.’s (OTC:TWMJF) (TSX-V:TWD) debut, investment dollars began to flow into the sector through both approved and upcoming opportunities in the space. Investors have many different options in the space, which can make it confusing to navigate. Supreme Pharmaceuticals Inc. (SPRWF) […]
Still, they’re far from dead yet, they generate hefty free cash flow, and they have been responding to threats with some innovation, such as electronic cigarettes, and diversification. (Altria, for example, has a27% stake in SABMiller (NASDAQOTH:SBMRY), a major beer and soft drink company.) If you want to add smoke to your portfolio, think tobacco. Dan Caplinger : Investors have […]
Earlier this week, the American Academy of Pediatrics (AAP) issued an updated policy statement about the legalization of marijuana for both recreational and medical use in the United States. Since its last statement about the matter in 2004, many states have passed laws legalizing marijuana for medical use, and a small number, as well as the District of Columbia, have […]