Taking Stock of Colorado's Marijuana Industry
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The subscription service is currently unavailable. Please try again later.The green market is headed for the stock market. Although dispensary businesses are having trouble securing financial services — because marijuana is still illegal at the federal level — several pot-related Colorado companies are either currently being publicly traded...or soon will be. How do they manage that? It’s never the cannabis-growing or -selling branch that goes public, but a sister company involved in consulting, tech or hospitality.
Here are five more marijuana-related Colorado businesses now trading publicly:This month, for example, the technology sibling of popular family owned dispensary Medicine Man will hit the market as Medicine Man Technology (MMT), a company that focuses on grow technology, planning and consulting — not cannabis sales. While some cannabis-related companies have gone to market via a reverse merger, Medicine Man Tech is the first in the industry to file an S-1 Registration Statement with the Securities and Exchange Commission, which it did April...
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