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Applicants

If the cannabis industry is desperate for capital, time to bet on the guys with capital

With a little over and hour left in the year 2019, past 10PM on December 31, I saw a news release from James E. Wagner Cultivation (JWCA.V) about a small $2 million loan they’d taken out. The timing of the announcement of their loan was surely not coincidental. Actually, thinking about it, ‘payday loan’ might be the more appropriate term to have used. JVCA took out a debenture financing of $2 million at an interest rate of 25% annually. That’s just the first tranche of the deal; there’s another $8 million out there if they want it. My credit card, abused as it has been, costs me less interest to maintain than JWCA’s loan.

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The advent of Mexican cannabis

In July, the people of Mexico elected Andres Manuel Lopez Obrador to the presidency. Known to supporters and detractors alike as Amlo, Mexico’s president campaigned

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The arrival of Heritage Cannabis (CANN.C)

Heritage Cannabis’ (CANN.C) is emerging as a vertically-integrated cannabis company with quality growing and extraction operations through carefully selected acquisitions, thereby allowing access to every sector within

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