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Home Investments

PRO: 5 Things Cannabis Investors Need to Know Before the Markets Open

Jacob Ellman by Jacob Ellman
December 19, 2018
in Canada, Investments, Marijuana Stocks, PRO, Trading, United States
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Want these actionable A.M. Alerts unlocked or in your inbox before the market opens? Register for PRO here!

Here’s what cannabis investors need to know before the markets open on December 19th, 2018 (in no particular order):

  • Aleafia Health Inc. (TSXV:ALEF) (OTC:ALEAF) and Emblem Corp. (TSXV:EMC) (OTC:EMMBF) announced that they have entered into a definitive agreement under which Aleafia will acquire all of Emblem’s issued and outstanding common shares in an all-share transaction currently valued at approximately $173.2 Million CAD.
  • Terra Tech Corp. (OTC:TRTC) issued an official response to “meritless” allegations in a lawsuit filed against the company in the State of Nevada by Heidi Loeb Hegerich related to MediFarm I, LLC, which owns the Blüm dispensary in Reno, NV.
  • CannTrust Holdings Inc. (TSX:TRST) (OTC:CNTTF) issued a shareholder update to highlight recent developments regarding the company’s expansion plans which will bring the company’s capacity to 50,000 kg per year.
  • Shares of Canopy Rivers Inc. (TSXV:RIV) (OTC:CNPOF) have received DTC full service eligibility in the United States. DTC settlement services provide a more efficient and lower cost settlement process for investors and brokers trading Canadian securities in the United States.
  • Last, but not least, the City of West Hollywood, California released its top-ranking cannabis business license applicants.

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Read more cannabis investment news…

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Tags: Aleafia Health Inc.CannTrust Holdings Inc.Canopy Rivers Inc.Emblem Corp.licensed producerOTC:ALEAFOTC:CNPOFOTC:CNTTFOTC:EMMBFOTC:TRTCTerra Tech Corp.TSX:TRSTTSXV:ALEFTSXV:EMCTSXV:RIV

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