Emerging Markets https://www.benzinga.com/views/taxonomy/term/125558 en Google Takes $550M Stake In China's JD.com https://www.benzinga.com/news/18/06/11893591/google-takes-550m-stake-in-chinas-jd-com <p>Shares of <strong>JD.Com Inc(ADR)</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jd#NASDAQ">JD</a>) were trading higher by more than 5 percent Monday morning after the <a href="https://www.benzinga.com/stock/jd">Chinese e-commerce </a>company announced a new strategic partnership with <strong>Alphabet Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>)&#39;s Google unit.</p> <h3>What Happened</h3> <p>As part of a new strategic partnership, Google will invest $550 million in JD&#39;s business and the two companies will collaborate on multiple strategic initiatives, the <a href="https://www.benzinga.com/pressreleases/18/06/g11891647/jd-com-and-google-announce-strategic-partnership">companies said</a> in a joint press release. For example, the two companies will ...</p><p><a href=https://www.benzinga.com/news/18/06/11893591/google-takes-550m-stake-in-chinas-jd-com alt=Google Takes $550M Stake In China&#039;s JD.com>Full story available on Benzinga.com</a></p> e-commerce GOOG GOOGL JD Jianwen Liao News retail Emerging Markets Markets GOOG US38259P7069 GOOGL US38259P5089 JD News Emerging Markets Markets Benzinga Mon, 18 Jun 2018 13:39:05 +0000 Jayson Derrick 11893591 at https://www.benzinga.com Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week https://www.benzinga.com/markets/cryptocurrency/18/06/11889509/pot-stocks-etfs-top-news-and-data-from-the-cannabis-industry-t <p>In a big step for cannabis and hemp, the Senate Agriculture Committee passed a 2018 Farm Bill that includes hemp legalization language.</p> <p>&ldquo;It is no secret that industrial hemp boasts the most significant potential for global economic impact from the cannabis industry. Hemp is a commodity. It can produce more than 25,000 products with uses that range from nutritional health foods, biofuels, some of the most advanced and sustainable construction materials, fabric, plastic, paper and the list goes on and on,&rdquo; said Cynthia Salarizadeh, managing partner KCSA Strategic Communications.</p> <p>&ldquo;Hemp stands to become a strong global commodities market and an environmentally sound alternative to many of the outdated products and materials currently in use,&quot; she added.&nbsp;&quot;This is the future and it is going to be very profitable for those involved. It is surprising that legislation to advance this area on this level has taken so long, but when you understand the disruptive nature it embodies and the massive economic potential it boasts, it then makes sense. From an investment stand point, this is definitely an opportunity to pay close attention to and get in on fast.&quot;</p> <p>&nbsp;</p> <p>In the markets, the go-public frenzy in the cannabis industry continued. This week, it was <strong>Green Thumb Industries</strong> and <strong>48North</strong>.</p> <p>&ldquo;Green Thumb&rsquo;s strategy is that they seek out the smaller state markets as opposed to other companies that focus on California. They want to be the big fish in the smaller ponds,&rdquo; Debra Borchardt, CEO of Green Market Report told Benzinga. &ldquo;48North is zeroing in on women&rsquo;s products, which I love. But then, there isn&rsquo;t much information as to what these products will look like.&quot;</p> <p>Despite the news, the <strong>United States Marijuana Index, </strong>which tracks 17 of the largest marijuana stocks in the U.S., lost almost 1 percent this week, while the <strong>North American Marijuana Index</strong>, which also includes Canadian stocks, tumbled 3.6 percent.</p> <p>Over the last five trading days, the <strong>Horizons Marijuana Life Sciences Index ETF</strong> (OTC: <a class="ticker" href="https://www.benzinga.com/stock/hmlsf#OTC">HMLSF</a>) slipped 4.9 percent, while the <strong>ETFMG Alternative Harvest ETF </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mj#NYSE">MJ</a>) lost 4.8 percent. The <strong>SPDR S&amp;P 500 ETF Trust </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>) was down 0.4 percent.</p> <h3><strong>Stock Moves</strong></h3> <p>Here are some of the top marijuana stocks in U.S. exchanges and how the performed over the last five trading days:</p> <ul> <li><strong>22nd Century Group Inc </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xxii#NYSE">XXII</a>): down 5.1 percent</li> <li><strong>Aphria Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/aphqf#OTC">APHQF</a>): down 5.3 percent</li> <li><strong>Aurora Cannabis Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/acbff#OTC">ACBFF</a>): down 4.5 percent</li> <li><strong>Cannabis Sativa Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cbds#OTC">CBDS</a>): down 6.4 percent</li> <li><strong>CannTrust Holdings Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cnttf#OTC">CNTTF</a>): down 9 percent</li> <li><strong>Canopy Growth Corp </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NYSE">CGC</a>): down 2.3 percent</li> <li><strong>Cronos Group Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cron#NASDAQ">CRON</a>): down 3.5 percent</li> <li><strong>GW Pharmaceuticals PLC- ADR </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gwph#NASDAQ">GWPH</a>): down 7.7 percent</li> <li><strong>Hiku Brands Company Ltd</strong> (OTC: <a class="ticker" href="https://www.benzinga.com/stock/djacf#OTC">DJACF</a>): down 3.7 percent</li> <li><strong>India Globalization Capital, Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/igc#NYSE">IGC</a>): down 3.8 percent</li> <li><strong>iAnthus Capital Holdings Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ithuf#OTC">ITHUF</a>): up 15.8 percent</li> <li><strong>MassRoots Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/msrt#OTC">MSRT</a>): down 7.9 percent</li> <li><strong>MedReleaf Corp</strong> (OTC: <a class="ticker" href="https://www.benzinga.com/stock/medff#OTC">MEDFF</a>): down 7 percent</li> <li><strong>Scotts Miracle-Gro Co </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/smg#NYSE">SMG</a>): down 0.5 percent</li> <li><strong>THC Biomed Intl Ltd </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/thcbf#OTC">THCBF</a>): down 5.2 percent</li> <li><strong>Zynerba Pharmaceuticals Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zyne#NASDAQ">ZYNE</a>): up 0.8 percent</li> </ul> <h3><strong>In Other News</strong></h3> <p>A consortium of cannabis-related media professionals are conducting a <strong>Cannabis Media Survey.</strong> You can answer following&nbsp;<a href="https://www.surveymonkey.com/r/CannabisMediaSurvey1" style="color:blue; text-decoration:underline">this link</a>.</p> <p><strong>Green Thumb Industries</strong> (CVE: GTII), a multi-state cannabis cultivator, dispensary operator and consumer packaged goods company that produces and distributes a portfolio of cannabis branded products, started trading June 13 on the Canadian Securities Exchange. The company raised approximately $67&nbsp;million through a brokered and non-brokered private placement. With a vertically integrated supply chain, GTI&nbsp;owns and operates seven manufacturing facilities,&nbsp;distributes&nbsp;a suite of branded cannabis products,&nbsp;and operates a chain&nbsp;of retail locations in seven highly regulated, limited supply U.S. markets: Illinois, Pennsylvania, Ohio, Massachusetts, Maryland, Florida and Nevada. GTI&rsquo;s revenue in 2017 exceeded $20 million.</p> <p>&ldquo;Our successful RTO is a big milestone for GTI and we&rsquo;re pleased with how things are going but we are heads-down, singularly focused on our &lsquo;Enter, Open, Scale&rsquo; and capital allocation strategy to create long-term value for our shareholders. We believe the market is ripe with opportunities to further solidify our ...</p><p><a href=https://www.benzinga.com/markets/cryptocurrency/18/06/11889509/pot-stocks-etfs-top-news-and-data-from-the-cannabis-industry-t alt=Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week>Full story available on Benzinga.com</a></p> ACBFF Adam Holub Alt Thirty Six Altitude Products APHQF APPB Arba Finance Company Argentina Marihuana Argentina Marijuana BioTrackTHC Canada Canada Cannabis Canada Marijuana Cannabis Cannabis ETF cannabis news Cannabis Stock Index cannabis stocks Cannacon CannaMexico CannTrade CBDS Celeste Miranda CGC CNTTF Cresco Capital CRON Cryptocurrency Cy Scott Cynthia Nixon Debra Borchardt DJACF Dr. Rav Ivker Drake Sutton-Shearer Electrum Partners GemmaCert Green Market Report Green Thumb Industries GTI Cannabis GWPH Haylee Kobylenski Headset Helix TCS HempMeds Argentina Cannabis HLIX HMLSF IGC invest in marijuana ITHUF Ken Ramirez Leslie Bocskor Long Ideas MainStem marijuana Marijuana ETF Marijuana Index Marijuana Money marijuana news marijuana stocks MEDFF Mexico Cannabis Michigan cannabis Michigan Marijuana MJ MJNA MSRT New Frontier Data New York City Bar Association News North American Marijuana Index Oregrown Patrick Vo PAX PAX Labs Pot Stocks PRMCF PROHBTD Sector ETFs Serruya Private Equity SMG SPY Tahira Rehmatullah THCBF The Delavaco Group United States Marijuana Index Vicente Fox XXII ZYNE Education Emerging Markets Specialty ETFs Emerging Market ETFs Politics IPOs After-Hours Center Markets Movers Trading Ideas Interview ETFs General IGC US45408X1000 SPY US78462F1030 SMG US8101861065 CGC MJNA US58463A1051 ITHUF XXII CNTTF HLIX GWPH CBDS MSRT ZYNE THCBF ACBFF APHQF MJ PRMCF DJACF MEDFF HMLSF CRON APPB Cryptocurrency Long Ideas News Sector ETFs Education Emerging Markets Specialty ETFs Emerging Market ETFs Politics IPOs After-Hours Center Markets Movers Trading Ideas Interview ETFs General Benzinga Fri, 15 Jun 2018 20:35:45 +0000 Javier Hasse 11889509 at https://www.benzinga.com How Perpetually Sober KISS Co-Founder Gene Simmons Entered The Cannabis Business https://www.benzinga.com/trading-ideas/long-ideas/18/06/11884322/how-perpetually-sober-kiss-co-founder-gene-simmons-entered-t <p>If you encounter a cloud of pot smoke backstage at a KISS show, it isn&#39;t coming from the bassist&#39;s dressing room.</p> <p><strong>Gene Simmons&nbsp;</strong>has <a href="http://www.latimes.com/health/la-he-gene-simmons-20160829-snap-story.html">abstained</a> from drugs and alcohol in his more than four decades in KISS,&nbsp;<a href="https://www.rollingstone.com/music/news/an-oral-history-of-kiss-destroyer-its-a-miracle-were-alive-20160315">unlike some of his bandmates</a>. So it came as a surprise to many when&nbsp;cannabis cultivation and retail company <strong>Invictus MD Strategies Corp </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ivitf#OTC">IVITF</a>) &mdash; which trades under the ticker &quot;GENE&quot; on the TSX Venture Exchange&nbsp;&mdash;&nbsp;announced that Simmons&nbsp;joined the company&nbsp;as its &quot;chief evangelist officer.&quot;</p> <p>The 68-year-old fire-breathing rocker spoke with Benzinga about the evolution of his views&nbsp;on marijuana.&nbsp;Hear his words and take heed.</p> <p>&nbsp;</p> <h3>Simmons Motivated By Money, Medicinal Value</h3> <p>For Simmons, it&#39;s a financial play: he didn&#39;t want to miss out on a rapidly expanding market, and he said he&#39;s come to understand that legislation is lagging the public opinion and medical <a href="https://www.benzingacannabisconference.com/">possibilities of cannabis</a>.</p> <p>&ldquo;I want lawmakers to really get educated on cannabis-related topics. I want them to ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/18/06/11884322/how-perpetually-sober-kiss-co-founder-gene-simmons-entered-t alt=How Perpetually Sober KISS Co-Founder Gene Simmons Entered The Cannabis Business>Full story available on Benzinga.com</a></p> best marijuana stocks Cannabis cannabis news cannabis oil cannabis stocks Dan Kriznic Ganja Gene Simmons Gene Simmons Cannabis Gene Simmons Marijuana Gene Simmons Pot Gene Simmons Weed Hemp HMLSF invest in marijuana Invictus MD is marijuana IVITF KISS legal marijuana legal weed Long Ideas marihuana marijuana marijuana dispensary marijuana laws marijuana legalization marijuana legalize marijuana news marijuana states marijuana stocks marijuanas stock med marijuana medical medical cannabis medical marijuana medical marijuana stock medicinal marijuana MJ pot Recreational Marijuana smoke weed smoking weed THC weed weed legalization weed news weed plant weed stock Emerging Markets Entrepreneurship Top Stories Exclusives Markets Trading Ideas Interview General MJ IVITF HMLSF Long Ideas Entrepreneurship Emerging Markets Top Stories Exclusives Markets Trading Ideas Interview General Benzinga Fri, 15 Jun 2018 16:42:50 +0000 Javier Hasse 11884322 at https://www.benzinga.com A South Africa ETF To Watch As The Economy Shrinks https://www.benzinga.com/news/18/06/11877096/a-south-africa-etf-to-watch-as-the-economy-shrinks <p>South Africa&#39;s GDP <a href="http://www.reuters.com/article/safrica-gdp/update-2-south-africas-economy-shrinks-in-q1-dampening-ramaphoria-idUSL5N1T726X">contracted by 2.2%</a>&nbsp;in the first quarter of 2018, marking the worst growth in nine years. The agriculture sector fell a massive 24.2% in the first quarter on account of poor horticulture output, followed by mining and manufacturing, <a href="http://businesstech.co.za/news/business/249603/south-africas-economy-shrunk-2-2-in-the-first-quarter-of-2018/">both of which fell</a> by 9.9% and 6.4% respectively. Trade activity slowed due to reduction in consumer spending and lower growth of trade activity.</p> <h3> Economic Scenario</h3> <p>The sluggish performance of the South African economy took a toll on the currency, Rand which reached 13.28 on Jun 8, the lowest since Dec 18, when Cyril Ramaphosa was nominated as the president. Ramaphosa has announced that he is looking at a target of 3% GDP growth in the current fiscal even against the backdrop of slower first-quarter performance. Consumer Price Inflation (ETF:CPI) grew 4.5% in April on a year-on-year basis. The central bank has indicated that if inflation rises, hike in the interest rate in ...</p><p><a href=https://www.benzinga.com/news/18/06/11877096/a-south-africa-etf-to-watch-as-the-economy-shrinks alt=A South Africa ETF To Watch As The Economy Shrinks>Full story available on Benzinga.com</a></p> contributor contributors EZA News Emerging Markets Emerging Market ETFs Global Markets ETFs EZA US4642867802 News Emerging Markets Emerging Market ETFs Global Markets ETFs Benzinga Thu, 14 Jun 2018 21:51:18 +0000 Zacks 11877096 at https://www.benzinga.com A-Shares Move Renews Interest In This ETF https://www.benzinga.com/trading-ideas/long-ideas/18/06/11863239/a-shares-move-renews-interest-in-this-etf <p>Earlier this month, index provider <b>MSCI Inc.</b> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/msci#NYSE">MSCI</a>) began the process of moving China A-shares, the stocks trading on mainland China exchanges in Shanghai and Shenzhen, to the prominent MSCI Emerging Markets Index.</p> <p>The move is expected <a href="https://www.benzinga.com/markets/18/05/11793347/as-a-shares-inclusion-nears-this-etf-is-getting-bigger">to affect several</a> US-listed exchange traded funds (ETFs). One of the more unique options feeling some impact from the MSCI move is the <b>Direxion Daily CSI 300 China A Share Bull 2X Shares</b> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/chau#NYSE">CHAU</a>).</p> <h3> <b>What Happened</b></h3> <p>CHAU attempts to deliver double the daily returns of the CSI 300 Index, one of the most widely followed gauges of mainland China equities.</p> <p>That index &ldquo;is a modified free-float market ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/18/06/11863239/a-shares-move-renews-interest-in-this-etf alt=A-Shares Move Renews Interest In This ETF>Full story available on Benzinga.com</a></p> CHAU Long Ideas MSCI News Emerging Markets Emerging Market ETFs Trading Ideas ETFs MSCI US55354G1004 CHAU Long Ideas News Emerging Markets Emerging Market ETFs Trading Ideas ETFs Benzinga Tue, 12 Jun 2018 16:33:01 +0000 ETF Professor 11863239 at https://www.benzinga.com VanEck Lowers Fees On A Pair Of Emerging Market Bond ETFs https://www.benzinga.com/trading-ideas/long-ideas/18/06/11857248/vaneck-lowers-fees-on-a-pair-of-emerging-market-bond-etfs <p>VanEck said it is lowering the expense ratios on two of its exchange traded funds that track emerging markets debt.</p> <p>The pair includes the <b>VanEck Vectors J.P. Morgan EM Local Currency Bond ETF </b>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/emlc#NYSE">EMLC</a>), the largest ETF holding emerging markets bonds denominated in local currencies.</p> <h3> <strong>What Happened</strong></h3> <p>In a <a href="https://www.businesswire.com/news/home/20180608005543/en/VanEck-Lowers-Expense-Ratio-VanEck-Vectors®-J.P.#.Wx0ftNt4v6o.twitter">statement out last Friday</a>, New York-based VanEck said it is trimming EMLC&#39;s annual fee from 0.42 percent to 0.3 percent, or $30 on a $10,000 investment.</p> <p>&ldquo;EMLC is the largest and most liquid U.S. listed ETF providing access to emerging markets local currency bonds. It seeks to track the J.P. Morgan GBI-EMG Core Index, which is comprised of bonds ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/18/06/11857248/vaneck-lowers-fees-on-a-pair-of-emerging-market-bond-etfs alt=VanEck Lowers Fees On A Pair Of Emerging Market Bond ETFs>Full story available on Benzinga.com</a></p> EMAG EMLC Long Ideas News VanEck Bonds Emerging Markets Emerging Market ETFs Trading Ideas ETFs EMLC US57060U5222 EMAG Long Ideas News Bonds Emerging Markets Emerging Market ETFs Trading Ideas ETFs Benzinga Mon, 11 Jun 2018 14:57:45 +0000 ETF Professor 11857248 at https://www.benzinga.com Where Is Amazon Investing In Fintech? https://www.benzinga.com/markets/cryptocurrency/18/06/11814883/where-is-amazon-investing-in-fintech <p><strong>Amazon.com, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>) has become a massive success over time by taking an aggressive approach to exploring and adopting cutting-edge technology. In recent months, Amazon has been investing heavily in <a href="https://benzingafintechawards.com/">fintech </a>initiatives with a particular focus on the huge, high-growth Indian market.</p> <h3> <strong>Betting On Fintech</strong></h3> <p>Back<a href="https://www.bizjournals.com/bizwomen/news/latest-news/2018/02/amazon-invests-in-startup-that-created-debit-card.html?page=all"> in February</a>, Amazon was one of several investors that provided $16 million in funding to Greenlight Financial Technology. Greenlight is a Georgia-based firm developing a smart debit card designed specifically for children. The debit card allows parents to monitor and manage their children&rsquo;s spending using a smartphone app.</p> <p><a href="https://inc42.com/buzz/ecommerce-amazon-pay-invests-digital-payments/">In March</a>, Amazon announced it was providing $30 million in additional funding to its digital payments subsidiary Amazon Pay. The latest funding comes after Amazon designated $40 million in funding for Amazon Pay&rsquo;s India operation in late 2017. Amazon has said it would increase its ...</p><p><a href=https://www.benzinga.com/markets/cryptocurrency/18/06/11814883/where-is-amazon-investing-in-fintech alt=Where Is Amazon Investing In Fintech?>Full story available on Benzinga.com</a></p> Amazon Pay AMZN Capital Float Fintech Greenlight Financial Technology Emerging Markets Top Stories Markets Tech AMZN US0231351067 Fintech Emerging Markets Top Stories Markets Tech Benzinga Sat, 09 Jun 2018 13:37:10 +0000 Wayne Duggan 11814883 at https://www.benzinga.com Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week https://www.benzinga.com/news/18/06/11854928/pot-stocks-etfs-top-news-and-data-from-the-cannabis-industry-this-week <p>A bill to legalize recreational marijuana failed to pass in Michigan&rsquo;s State Senate and House of Representatives. Consequently, the decision has passed to the hands of voters, who will decide on the issue in this November&rsquo;s ballot. If passed, the ballot measure in question would allow adults to possess and/or sell and buy up to 2.5 ounces of cannabis.</p> <p>&ldquo;I was very pleased to see that the legalization effort is going to the people, instead of getting passed legislatively. The intentions behind our lawmaker&#39;s efforts to push this through were not good. They only wanted to do it, to keep progressive voters from heading to the polls and so they could have a little more ability to change the language with a majority vote, instead of a three-quarter vote that is required to change a law voted by the people,&rdquo; Jamie Cooper, owner of Michigan-based cannabis businesses Cannabiz Connection and Canna Media Works told Benzinga. &ldquo;Had our lawmakers had the intention to pass legislation for the greater good of Michigan&#39;s economy and for what the voter&#39;s wanted, then I would feel differently. I was very relieved to hear people are going to get the opportunity to decide in November.</p> <p>&ldquo;Now is the time that we come together as an industry and as patients, get voters registered and educate them on the language of the initiative,&quot; she said. &quot;My gut&nbsp;tells me the opposition is going to be strong, but together I believe we will win. We need to help voters understand how this will affect our state and communities in a positive way and help them understand that it isn&#39;t as scary as they think it might be.&rdquo;</p> <p>&nbsp;</p> <p>On the financial front, the <a href="http://www.benzinga.com/investing/marijuana-stocks/">cannabis industry</a> saw more deal announcements.</p> <p>&ldquo;Money continues to flow into the industry with <strong>Aphria</strong> raising C$225 million, <strong>Kush Bottles</strong> raising $36 million and <strong>The Green Organic Dutchmen</strong> selling more&nbsp;warrants for C$25 million,&rdquo; Debra Borchardt, CEO of Green Market Report said. &ldquo;The acquisition activity has continued to be strong as well with <strong>MedMen</strong> spending roughly $53 million to buy Florida&#39;s Treadwell Nursery and the right to open 25 dispensaries in the state.&rdquo;</p> <p>&ldquo;It looks like we&#39;ll have another new cannabis stock soon as <strong>Canopy Rivers</strong> is lining up its reverse takeover of AIM2 Ventures and is also raising C$60 million,&rdquo; she added.</p> <p>On a final note, Borchardt addressed the situation of legal cannabis in Canada.</p> <p>&ldquo;I&#39;m sure all the Canadian companies are breathing a sigh of relief this morning after Bill C-45 passed. Adult use sales could begin by the end of the summer or September and that will be welcome news for companies that have made millions of dollars in investments to prepare for these sales. Finally, money will be coming in for those dollars that have been going out.&rdquo;</p> <p>Responding to all of this, the <strong>United States Marijuana Index, </strong>which tracks 17 of the largest marijuana stocks in the U.S., gained roughly 3.6 percent this week, while the <strong>North American Marijuana Index</strong>, which also includes Canadian stocks, surged more than 4.6 percent.</p> <p>Over the last five trading days, the <strong>Horizons Marijuana Life Sciences Index ETF</strong> (OTC: <a class="ticker" href="https://www.benzinga.com/stock/hmlsf#OTC">HMLSF</a>) gained 7.1 percent, while the <strong>ETFMG Alternative Harvest ETF </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mj#NYSE">MJ</a>) rose 6.6 percent. The <strong>SPDR S&amp;P 500 ETF Trust </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>) advanced 1.6 percent.</p> <h3> <strong>Stock Moves</strong></h3> <p>Here are some of the top marijuana stocks in U.S. exchanges and how the performed over the last five trading days:</p> <ul> <li> <strong>22nd Century Group Inc </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xxii#NYSE">XXII</a>): up 1.35 percent</li> <li> <strong>Aphria Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/aphqf#OTC">APHQF</a>): up 1.15 percent</li> <li> <strong>Aurora Cannabis Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/acbff#OTC">ACBFF</a>): up 15.4 percent</li> <li> <strong>Cannabis Sativa Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cbds#OTC">CBDS</a>): up 5.4 percent</li> <li> <strong>CannTrust Holdings Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cnttf#OTC">CNTTF</a>): up 5.6 percent</li> <li> <strong>Canopy Growth Corp </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NYSE">CGC</a>): up 3.3 percent</li> <li> <strong>Cronos Group Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cron#NASDAQ">CRON</a>): up 6.1 percent</li> <li> <strong>GW Pharmaceuticals PLC- ADR </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gwph#NASDAQ">GWPH</a>): down 1.6 percent</li> <li> <strong>Hiku Brands Company Ltd</strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/djacf#OTC">DJACF</a>): up 6.6 percent</li> <li> <strong>India Globalization Capital, Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/igc#NYSE">IGC</a>): down 0.8 percent</li> <li> <strong>iAnthus Capital Holdings Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ithuf#OTC">ITHUF</a>): up 2.9 percent</li> <li> <strong>MassRoots Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/msrt#OTC">MSRT</a>): up 0.4 percent</li> <li> <strong>MedReleaf Corp</strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/medff#OTC">MEDFF</a>): up 13.6 percent</li> <li> <strong>Scotts Miracle-Gro Co </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/smg#NYSE">SMG</a>): up 5.6 percent</li> <li> <strong>THC Biomed Intl Ltd </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/thcbf#OTC">THCBF</a>): up 9.6 percent</li> <li> <strong>Zynerba Pharmaceuticals Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zyne#NASDAQ">ZYNE</a>): up 2.7 percent</li> </ul> <h3> <strong>In Other News</strong></h3> <p>A consortium of cannabis-related media professionals are conducting a <strong>Cannabis Media Survey.</strong> You can answer following&nbsp;<a href="https://www.surveymonkey.com/r/CannabisMediaSurvey1">this link</a>.</p> <p>Long-running <strong>Hemp Connoisseur Magazine</strong> (HC Magazine), formerly known as THC Magazine, expanded its media capabilities to include an enhanced quarterly national print publication, ...</p><p><a href=https://www.benzinga.com/news/18/06/11854928/pot-stocks-etfs-top-news-and-data-from-the-cannabis-industry-this-week alt=Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week>Full story available on Benzinga.com</a></p> ACBFF APHQF Berner Biscayne Boeck Canada Canada Cannabis Canada Marijuana Canna Media Works Cannabis Cannabis Cup Cannabis ETF cannabis news Cannabis Stock Index cannabis stocks cannabisMD cannabisMD.com Cannabiz Connection Canopy Rivers CBDS CGC Civilized Civilized.life CNTTF CRON Culta Debra Borchardt DJACF Enlighten Eybna Technology FSD Pharma Gabriel Garzon Montano Grassposts Green Flower Green Market Report Green Thumb Industries GTI GWPH Hemp Connoisseur Magazine High Times HMLSF IGC invest in marijuana ITHUF Jamie Cooper LeafLink Lil Wayne Ludacris Machine Gun Kelly Mara Gordon marijuana Marijuana ETF Marijuana Index Marijuana Money marijuana news marijuana stocks MEDFF Michigan cannabis Michigan Marijuana Midwest Cannabis Education Conference MJ MSRT New Frontier Data News North American Marijuana Index OGRMF Phyto Partners Pot Stocks PRMCF Sector ETFs SMG SPY Stone Road Farms Stoner Girl Diary TGODF THC Magazine THCBF Trick Trick United States Marijuana Index Vangst Vic Mensa Waka Flocka Flame Wilde Kush World Cannabis Congress XXII Yo Gotti ZYNE Broad U.S. Equity ETFs Emerging Markets Specialty ETFs Emerging Market ETFs Politics Top Stories After-Hours Center Markets Movers Trading Ideas Interview ETFs General IGC US45408X1000 SPY US78462F1030 SMG US8101861065 CGC ITHUF XXII CNTTF GWPH CBDS OGRMF MSRT ZYNE THCBF ACBFF APHQF MJ PRMCF DJACF MEDFF HMLSF CRON TGODF News Sector ETFs Broad U.S. Equity ETFs Emerging Markets Specialty ETFs Emerging Market ETFs Politics Top Stories After-Hours Center Markets Movers Trading Ideas Interview ETFs General Benzinga Fri, 08 Jun 2018 20:48:58 +0000 Javier Hasse 11854928 at https://www.benzinga.com Weak PMI Data Punishes The South African Rand https://www.benzinga.com/news/18/06/11836616/weak-pmi-data-punishes-the-south-african-rand <p>The South African Rand fell significantly against the dollar this week following the latest round of PMI which demonstrated a decline following two months of expansion. The drop has raised questions as to whether the South African economy is struggling to rebound following the recent political changes.</p> <h3> Manufacturing Report: PMI Disappoints</h3> <p>The Absa Purchase managers index works much in the same way as other PMI&#39;s including those utilised by major currency nations. The signal for growth is a number north of 50 and contraction south of 50. The monthly report is collated by the Bureau of Economic Research (BER), which approaches purchases manager in South Africa.</p> <p>The recent purchasing manager index showed a significant decline in South African productivity in May. The Absa PMI data missed the target, registering a decline from April&#39;s figure of 50.2, a disappointing 48.9 this month.</p> <p>Although behind estimations this quarter the Absa PMI data demonstrates growth over the first quarter of 2018. Investors therefore still remain confident in the South African manufacturing sector. This is furthermore endorsed by the level of ...</p><p><a href=https://www.benzinga.com/news/18/06/11836616/weak-pmi-data-punishes-the-south-african-rand alt=Weak PMI Data Punishes The South African Rand>Full story available on Benzinga.com</a></p> contributor contributors News Emerging Markets Politics Forex Global Econ #s Markets General News Emerging Markets Politics Forex Global Econ #s Markets General Benzinga Thu, 07 Jun 2018 21:20:57 +0000 Peter Downing 11836616 at https://www.benzinga.com First Solar Downgraded By Vertical Group's Gordon Johnson: 'We Think It's Time To Fade This Stock' https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11845735/first-solar-downgraded-by-vertical-groups-gordon-johnso <p>As China <a href="https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11830286/bank-of-america-cites-chinese-policy-decision-in-first-">chops its solar installation</a> incentives, <strong>First Solar, Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fslr#NASDAQ">FSLR</a>)&rsquo;s story is taking a turn for the worse.</p> <p>Vertical Group&rsquo;s Gordon Johnson double downgraded the stock Thursday in light of both the Chinese policy decision and prior solar policy actions in Spain, Germany and Italy.</p> <p>&ldquo;In any country where incentives are pulled, solar installations drop to essentially nothing,&rdquo; Johnson said on Benzinga&rsquo;s <a href="https://www.youtube.com/watch?v=VCzUFgX4frM">PreMarket Prep</a> show.</p> <h3> <strong>What&rsquo;s Going Wrong</strong></h3> <p>China is temporarily cutting its utility scale incentive and indefinitely capping installations at 10 gigawatts &mdash; just half of the amount installed last year and representing about 54 percent of global solar installations.</p> <p>The resulting decline in demand, coupled with a rise in capacity, is seen to lower average selling prices from 27 cents to 24 cents or lower.</p> <p>&ldquo;At that level, given First Solar&rsquo;s targeting a cost of 22 cents for <a href="https://www.benzinga.com/analyst-ratings/analyst-color/18/05/11687521/first-solar-a-buy-on-series-6-potential-jpmorgan-says-i">Series 6</a>, we don&rsquo;t think they&rsquo;re going to be competitive ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11845735/first-solar-downgraded-by-vertical-groups-gordon-johnso alt=First Solar Downgraded By Vertical Group&#039;s Gordon Johnson: &#039;We Think It&#039;s Time To Fade This Stock&#039;>Full story available on Benzinga.com</a></p> Analyst Color China CSIQ FSLR Gordon Johnson Government JKS PreMarket Prep Regulations Solar Vertical Group Emerging Markets Downgrades Top Stories Markets Analyst Ratings Interview CSIQ CA1366351098 FSLR US3364331070 JKS US47759T1007 Analyst Color Government Regulations Emerging Markets Downgrades Top Stories Markets Analyst Ratings Interview Benzinga Thu, 07 Jun 2018 14:44:05 +0000 Elizabeth Balboa 11845735 at https://www.benzinga.com JMP Securities: Supply Glut To Hurt First Solar's Margins After Chinese Government's Solar Pullback https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11838639/jmp-securities-supply-glut-to-hurt-first-solars-margins <p>The Chinese National Development and Reform Commission recently announced a major <a href="https://www.pv-tech.org/news/china-putting-major-breaks-on-solar-deployment-as-new-market-rules-imposed"> policy shift</a>&nbsp;that&nbsp;disincentivizes solar companies. Citing the policy shift, an analyst at JMP Securities stepped to the sidelines on <strong> First Solar, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fslr#NASDAQ">FSLR</a>).</p> <h3> <strong>The Analyst</strong></h3> <p>Analyst Joseph Osha <a href="https://www.benzinga.com/analyst-ratings/upgrades/18/06/11838115/benzingas-top-upgrades-downgrades-for-june-6-2018"> downgraded shares of First Solar </a> from Outperform to Market Perform and cut his price target from $87 to $46.</p> <h3> <strong>The Thesis</strong></h3> <p>The new Chinese policy measures envisage a scale back in solar feed-in-tariff, or FIT, for both utility scale and distributed-generation projects by 0.5 yuan per KwH, Osha said in a note.</p> <p>The commission has removed its ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11838639/jmp-securities-supply-glut-to-hurt-first-solars-margins alt=JMP Securities: Supply Glut To Hurt First Solar&#039;s Margins After Chinese Government&#039;s Solar Pullback>Full story available on Benzinga.com</a></p> Analyst Color FSLR JMP Securities Joseph Osha Emerging Markets Downgrades Price Target Markets Analyst Ratings FSLR US3364331070 Analyst Color Emerging Markets Downgrades Price Target Markets Analyst Ratings Benzinga Wed, 06 Jun 2018 15:21:14 +0000 Shanthi Rexaline 11838639 at https://www.benzinga.com ZTE Reportedly Reaches Deal With US; Optical Stocks Mixed https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11838680/zte-reportedly-reaches-deal-with-us-optical-stocks-mixe <p>Optical stocks were trading mostly higher Wednesday morning after reports the U.S. Commerce Department reached an agreement to lift a ban on business with&nbsp;<a href="http://www.benzinga.com/topic/zte">China&#39;s ZTE.</a></p> <h3> <strong>What Happened</strong></h3> <p>The U.S. government <a href="https://www.benzinga.com/news/18/04/11522139/optical-stocks-under-pressure-after-us-bans-sales-to-zte">banned U.S. companies</a> from selling telecommunication equipment to China&#39;s ZTE in April, accusing the company of illegally doing business with Iran and North Korea. Reports over the past few weeks suggested the Trump administration would lift the ban, and a new <a href="https://www.reuters.com/article/us-usa-trade-china-zte-exclusive/exclusive-chinas-zte-signed-preliminary-agreement-to-lift-u-s-ban-sources-idUSKCN1J12RP">Reuters report</a> said an agreement has been reached in which ZTE would pay a $1-billion fine and place an additional $400 million in escrow for potential future violations.</p> <p>The Reuters report cites sources familiar with the matter and quotes a Commerce Department spokesman as saying &quot;no definitive agreement has ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11838680/zte-reportedly-reaches-deal-with-us-optical-stocks-mixe alt=ZTE Reportedly Reaches Deal With US; Optical Stocks Mixed>Full story available on Benzinga.com</a></p> AAOI ACIA Analyst Color China FNSR LITE OCLR optical Reuters ZTE Emerging Markets Politics Markets Analyst Ratings Tech Media General FNSR US31787A5074 OCLR US67555N2062 AAOI LITE ACIA Analyst Color Emerging Markets Politics Markets Analyst Ratings Tech Media General Benzinga Wed, 06 Jun 2018 15:08:03 +0000 Jayson Derrick 11838680 at https://www.benzinga.com Diamond Futures: Worth The Risk? https://www.benzinga.com/markets/cryptocurrency/18/06/11825212/diamond-futures-worth-the-risk <p>In the age of cryptocurrencies and other technology-fueled investment vehicles, it&#39;s not always easy to choose an investment strategy that&#39;s going to pay off over the long term. A single look at the dire outlooks that advisory firms have about the cryptocurrency market alone is enough to illustrate this point. Of course, it&#39;s always a safe bet to shelter money in the bond markets, but even that&#39;s no sure thing these days.</p> <p>All of the uncertainty has driven many investors into commodity markets, looking for opportunities to turn a decent profit. That market performed quite well in 2017, and investors are hoping that this year will be no different. Time will tell if they&#39;re right, but the end of 2017 saw a significant new addition to the commodities market that may present a unique chance for savvy investors to make some gains. The question is, is it worth the risk?</p> <h3> Diamonds As Investments</h3> <p>In August of last year, the world&#39;s first diamond futures exchange began trading operations in India. The opening of the exchange represented the first time that the precious gemstones themselves became available as a viable vehicle for investors. It&#39;s an interesting development in what is usually a stable and unchanging sector of the market.</p> <p>The introduction of diamond futures into the global commodities market does raise some valid questions in the minds of investors, though. ...</p><p><a href=https://www.benzinga.com/markets/cryptocurrency/18/06/11825212/diamond-futures-worth-the-risk alt=Diamond Futures: Worth The Risk?>Full story available on Benzinga.com</a></p> contributor contributors Cryptocurrency Emerging Markets Commodities Markets Trading Ideas Cryptocurrency Emerging Markets Commodities Markets Trading Ideas Benzinga Mon, 04 Jun 2018 20:11:16 +0000 Peter Downing 11825212 at https://www.benzinga.com Daqo New Energy Shares Plunge, Roth Capital Downgrades On New Chinese Solar Policy https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11823457/daqo-new-energy-shares-plunge-roth-capital-downgrades-o <p>Chinese solar stocks were under heavy selling pressure Monday in reaction to the government&#39;s <a href="http://www.scmp.com/business/companies/article/2149131/chinese-solar-power-stocks-plunge-government-moves-contain">decision to suspend</a> the construction of new solar farms and cut subsidies to solar companies. One of the most impacted companies is <b>Daqo New Energy Corp</b> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dq#NYSE">DQ</a>), according to Roth Capital Partners.</p> <h3> <strong>The Analyst</strong></h3> <p>Analyst Philip Shen downgraded <a href="https://www.benzinga.com/stock/dq">Daqo New Energy</a>&nbsp;from Buy to Neutral with a price target lowered from $75 to $48.</p> <h3> <strong>The Thesis</strong></h3> <p><a href="http://benzinga.com/topic/china">China&#39;s</a> revised solar policy over the weekend came in &quot;much worse than expected&quot; and should create a &quot;massive&quot; net oversupply ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11823457/daqo-new-energy-shares-plunge-roth-capital-downgrades-o alt=Daqo New Energy Shares Plunge, Roth Capital Downgrades On New Chinese Solar Policy>Full story available on Benzinga.com</a></p> Analyst Color China solar DQ News Philip Shen ROTH Capital Partners Solar Solar Power Solar Stocks Emerging Markets Downgrades Price Target Global Markets Analyst Ratings DQ US23703Q1040 News Analyst Color Emerging Markets Downgrades Price Target Global Markets Analyst Ratings Benzinga Mon, 04 Jun 2018 20:04:15 +0000 Jayson Derrick 11823457 at https://www.benzinga.com Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week https://www.benzinga.com/markets/18/06/11816544/pot-stocks-etfs-top-news-and-data-from-the-cannabis-industry-t <p>May was a hectic month for the cannabis industry, which saw five companies go public on major stock exchanges. This week saw MedMen, the largest cannabis company in the United States, start trading in Canada.</p> <p>&ldquo;MedMen began trading on the Canadian Securities Exchange, but it didn&rsquo;t get off to a very good start. The stock fell over 20 percent in the first couple of days of trading and the company faced criticism for it compensation structure for its top executives and lack of voting rights for new shareholders,&rdquo; Green Market Report CEO Debra Borchardt told Benzinga.</p> <p>&ldquo;Also, mainstream investment houses were jumping into the industry as BMO Capital initiated coverage on Aphria and Canopy Growth with outperform ratings on both stocks. Then Stifel issued a white paper on the cannabis industry that didn&rsquo;t really break any new ground, but served as their entry into the space,&rdquo; she added.</p> <p>The <a href="http://marijuanaindex.com/stock-quotes/united-states-marijuana-index/">United States Marijuana Index</a>, which tracks 17 of the largest marijuana stocks in the U.S., gained roughly 6 percent this week, while the&nbsp;<a href="http://marijuanaindex.com/stock-quotes/north-american-marijuana-index/">North American Marijuana Index</a>, which also includes Canadian stocks, rose 2.4 percent.</p> <p>Over the last five trading days (May 25&ndash;June 1), the <strong>Horizons Marijuana Life Sciences Index ETF</strong> (OTC: <a class="ticker" href="https://www.benzinga.com/stock/hmlsf#OTC">HMLSF</a>) gained 0.6 percent, while the <strong>ETFMG Alternative Harvest ETF </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mj#NYSE">MJ</a>) lost 1.1 percent. The <strong>SPDR S&amp;P 500 ETF Trust </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>) gained 0.45 percent.</p> <h3> <strong>Stock Moves</strong></h3> <p>Here are some of the top marijuana stocks in U.S. exchanges and how the performed over the last five trading days (percentages reflect approximate equity moves as of the time of the writing of this article.</p> <ul> <li> <strong>22nd Century Group Inc </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xxii#NYSE">XXII</a>): up 4.5 percent</li> <li> <strong>Aphria Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/aphqf#OTC">APHQF</a>): down 1.4 percent</li> <li> <strong>Aurora Cannabis Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/acbff#OTC">ACBFF</a>): up 0.6 percent</li> <li> <strong>Cannabis Sativa Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cbds#OTC">CBDS</a>): down 6.3 percent</li> <li> <strong>CannTrust Holdings Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cnttf#OTC">CNTTF</a>): down 3.3 percent</li> <li> <strong>Canopy Growth Corp </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NYSE">CGC</a>): up 1.8 percent</li> <li> <strong>Cronos Group Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cron#NASDAQ">CRON</a>): up 9.3 percent</li> <li> <strong>GW Pharmaceuticals PLC- ADR </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gwph#NASDAQ">GWPH</a>): up 2.2 percent</li> <li> <strong>Hiku Brands Company Ltd</strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/djacf#OTC">DJACF</a>): down 15.5 percent</li> <li> <strong>India Globalization Capital, Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/igc#NYSE">IGC</a>): down 1.9 percent</li> <li> <strong>iAnthus Capital Holdings Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ithuf#OTC">ITHUF</a>): up 4.6 percent</li> <li> <strong>MassRoots Inc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/msrt#OTC">MSRT</a>): down 0.2 percent</li> <li> <strong>MedReleaf Corp</strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/medff#OTC">MEDFF</a>): up 1.1 percent</li> <li> <strong>Scotts Miracle-Gro Co </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/smg#NYSE">SMG</a>): down 3.6 percent</li> <li> <strong>THC Biomed Intl Ltd </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/thcbf#OTC">THCBF</a>): down 5.5 percent</li> <li> <strong>Zynerba Pharmaceuticals Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zyne#NASDAQ">ZYNE</a>): up 7.3 percent</li> </ul> <h3> <strong>In Other News</strong></h3> <p>A consortium of cannabis-related media professionals are conducting a <strong>Cannabis Media Survey.</strong> You can answer following&nbsp;<a href="https://www.surveymonkey.com/r/CannabisMediaSurvey1">this link</a>.</p> <p><strong>MedMen Enterprises Inc. </strong>(CSE: MMEN), the largest U.S.-based cannabis company, began trading&nbsp;Tuesday on the Canadian Securities Exchange.</p> <p>&ldquo;The public offering, which followed MM Enterprises USA&rsquo;s&nbsp;reverse takeover&nbsp;of Canada&rsquo;s Ladera Ventures Corp., gives international investors a fresh entry point into the significant, growing and largely inaccessible U.S. cannabis industry,&rdquo; Benzinga&rsquo;s Elizabeth Balboa explained in a <a href="https://www.benzinga.com/markets/cryptocurrency/18/05/11790217/canadian-exchange-offers-launching-point-for-medmen-one-of-the">recent article</a>. &ldquo;It also provides fresh capital to a firm intent on galvanizing and serving the U.S. marijuana market.&rdquo;</p> <p><strong>FSD Pharma Inc.</strong> (CSE:HUGE) started trading on the Canadian Securities Exchange on May 29. Wholly-owned subsidiary FV Pharma Inc. owns a license to produce marijuana under the Access to ...</p><p><a href=https://www.benzinga.com/markets/18/06/11816544/pot-stocks-etfs-top-news-and-data-from-the-cannabis-industry-t alt=Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week>Full story available on Benzinga.com</a></p> ACBFF APHQF Canada Canada Cannabis Canada Marijuana Cannabis Cannabis ETF cannabis news Cannabis Stock Index cannabis stocks CBDS CGC CNTTF CRON Debra Borchardt DJACF GLDFF Green Market Report GWPH HMLSF IGC invest in marijuana ITHUF KSHB legal marijuana Long Ideas marijuana Marijuana ETF Marijuana Index marijuana news marijuana stocks MDCL MEDFF medical cannabis medical marijuana MJ MSRT News North American Marijuana Index Pot Stocks PRMCF SMG SPY THCBF TRTC United States Marijuana Index weed stock XXII ZYNE Emerging Markets Top Stories After-Hours Center Markets Movers Trading Ideas Interview IGC US45408X1000 SPY US78462F1030 SMG US8101861065 CGC TRTC ITHUF XXII CNTTF GWPH CBDS MSRT ZYNE THCBF ACBFF APHQF KSHB MJ MDCL GLDFF PRMCF DJACF MEDFF HMLSF CRON Long Ideas News Emerging Markets Top Stories After-Hours Center Markets Movers Trading Ideas Interview Benzinga Fri, 01 Jun 2018 20:03:51 +0000 Javier Hasse 11816544 at https://www.benzinga.com