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Don’t Fight the Tape: Cannabis Stocks Subject to Broad Market Swings

Investors may be lulled into thinking that stocks they own or study in the cannabis space are insulated from what’s happening in the broader market. But that’s simply not true, and violates one of the oldest maxims in investing: Don’t fight the tape.

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Bedrocan Receives Additional License Capacity from Health Canada

TORONTO, Aug. 27, 2015 /CNW/ – Bedrocan Cannabis Corp. (TSXV: BED) (the “Company” or “Bedrocan”) announced today that it has received a license amendment from Health Canada allowing it to sell up to 2,000 kilograms of medical cannabis over the five and a half months ending on February 17, 2016, which is the end of the Company’s current license period.

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MassRoots Crosses a Half Million Users, Generates $25,000 in Revenue in 10 Days

DENVER, Aug. 26, 2015 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT), one of the largest and fastest growing social networks for cannabis consumers, is pleased to announce it has crossed a half million users on its platform.

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Weekly CannaBit: Total Pounds of Flower Sold by Month in Colorado

Weekly CannaBit for the week of August 24, 2015: The volume of retail marijuana sold in Colorado increased ten-fold in the past 18 months.

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Bedrocan Domestic Production Facility Is Fully-Licensed by Health Canada

TORONTO, Aug. 24, 2015 /CNW/ – Bedrocan Cannabis Corp. (TSXV: BED) (“the Company” or “Bedrocan”) announced today that it has received a license amendment from Health Canada, whereby the Company’s domestic production facility is now fully-licensed.

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Tweed Commences Cannabis Extraction, Provides Corporate Update

SMITHS FALLS, ON, Aug. 20, 2015 /CNW/ – Tweed Marijuana Inc. (“TMI” or “the Company”) (TSXV: TWD) is pleased to announce that its wholly owned subsidiary, Tweed Inc. (Tweed) has received authorization from Health Canada to begin the production of cannabis extracts in the Company’s state-of-the-art facility in Smiths Falls, Ontario.

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Viridian Capital Advisors Featured in MSN Money Article

NEW YORK, Aug. 19, 2015 /Weed Wire/ — Viridian Capital Advisors was recently featured in MSN Money, discussing the ever-changing financial landscape in the cannabis industry and the continued need for professionalism, banking, and compliance for companies in this budding sector.

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Surna, Inc. Announces Board of Directors Appointments

BOULDER, Colo., Aug. 19, 2015 /PRNewswire/ — Surna, Inc. (OTCQB: SRNA), a technology company that engineers state-of-the-art equipment for controlled environment agriculture (“CEA”) with expertise in cannabis cultivation, announced today that three new members have been added to Surna’s board of directors.

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Weekly CannaBit: DEA’s Cannabis Eradication/Suppression Program

Weekly CannaBit for the week of August 17, 2015: Since 2009, the number of plants eradicated by the DEA has fallen by nearly 60%, from 10.4 million to 4.3 million in 2014.

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Weekly CannaBit: Sources of Marijuana Used By Young Adults in Washington

Weekly CannaBit for the week of August 10, 2015: The vast majority of 18-25 years olds (70%) received marijuana from their friends.

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