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Yesterday, Zynerba Pharmaceuticals announced the terms of its upcoming initial public offering (IPO). The Pennsylvania-based company plans to raise $42 million by offering 3 million shares in the $13-$15 range. At the midpoint of the proposed range, it would have a fully diluted market value of $128 million. Shares are…

Over the last two years, there have been a number of reports released which discuss the medical benefits of cannabidiol (CBD), which is non-psychoactive cannabinoid found in the cannabis plant. Researchers have identified at least 85 active cannabinoids in cannabis and CBD accounts for up to 40% of the plant's…

Investors and financial institutions have shown great interest for publicly traded cannabis companies, but many are afraid to invest in them because most trade on the over-the-counter (OTC) exchange. The OTC exchange, also known as the Pink Sheets, is comprised of startups, defunct public shell companies, scams, and a few…

Democratic Representative Earl Blumenauer (Oregon) has been at the forefront of the campaign for marijuana reform in the United States. Today, Representative Blumenauer announced plans to introduce a bill in Congress that would expunge particular federal marijuana offenses that are no longer illegal in a number of states across the…

Painkillers have become a serious issue in the United States. During the past 15 years, America has seen a tremendous growth in both the sales of prescription opiates and the number of people who die each year from abusing them. According to the Center for Disease Control (CDC), painkillers accounted…

The Israeli cannabis research and development efforts are unmatched by any other country. Researchers at Tel Aviv University conducted a study on rats with mid-femoral fractures and were able to determine that cannabidiol (CBD), a non-psychotropic component of cannabis, can help heal bone fractures.Dr. Yankel Gabet, of the Bone Research…

Investors and financial institutions have been patiently waiting for a cannabis-related company to commence trading on a national exchange like the Nasdaq or New York Stock Exchange. Currently, there are only two cannabis related biotech companies that trade on the Nasdaq. These are GW Pharmaceuticals (GWPH) and INSYS Therapeutics, Inc.…

During the first five months of 2015, Colorado’s marijuana-funded excise tax collected more money than it did during all of 2014. This revenue is collected and earmarked for school construction projects. The recent growth in the amount of tax revenue collected has excited lawmakers and industry participants.Colorado Democratic Senator Pat…

The Seneca Nation joined the growing list of tribes who have expressed interest in the legal marijuana industry. Seneca Nation President Maurice John, Sr., recently discussed his views on the industry and said the tribe has been monitoring it closely from the sidelines.A Waiting GameIn December 2014, the United States…

The United States has a problem. Many states are cash poor and are struggling to find new sources of revenue not detrimental to the environment and which create jobs. Colorado and Washington State, however, have the solution to this problem and it is called marijuana.  With the first year of…