BRIAN GAYNOR: Cannabis companies on massive highs

BRIAN GAYNOR: Cannabis companies on massive highs
Brian Gaynor
New Zealand investors are pouring money into cannabis companies as they anticipate a positive decision from the Oct 17 cannabis referendum.NZX-listed Cannasouth has had a massive run, with its share price more than doubling in the past two weeks, until it crashed in late trading yesterday.Crowdfunding sites are also attracting huge interest with their cannabis fund-raising offerings.       Medical Kiwi reached its $2 million target through the Pledge Me crowdfunding platform in just 12 days, giving the company a value of alm...

More Opinion

On valuations, models and moving targets
Opinion

Simon Robertson: On valuations, models and moving targets

My future and ‘forward-looking’ valuations are a combination of many things.

Google monopoly breach evens media playing field
Opinion

Jane Ormsby: Google monopoly breach evens media playing field

Optimism remains in getting transparency and increased regulation for the industry.

Jane Ormsby 24 Apr 2025
Tricks of the traders revealed
Opinion

David Chaplin: Tricks of the traders revealed

The UK regulator probably has more power to enforce trading app trickery than in NZ.

David Chaplin 23 Apr 2025
LanzaTech is in a fight for its life
Opinion Opinion

Peter Griffin: LanzaTech is in a fight for its life

LanzaTech’s fight for survival is a cautionary tale.

Peter Griffin 23 Apr 2025