Curaleaf makes history with BlackRock investment

NEW YORK, NY, USA, March 24, 2019 /EINPresswire.com/ -- Curaleaf Holdings (OTCQX: CURLF) made headlines recently. One of the world’s largest money managers BlackRock, disclosed in regulatory filings that its funds have an $11 million stake in Curaleaf Holdings, a Massachusetts-based medical cannabis company. While the investment amount is tiny for a company like BlackRock, which has nearly $6 trillion of assets under management. The stake is one of the first publicly disclosed investments by a major institutional investor into the U.S. cannabis markets. In filings with the SEC, five BlackRock funds reported a Curaleaf investment, Bloomberg reported, topped by BlackRock Resources & Commodities Strategy Trust, which has about 1.1 million shares.

Jetblack Corp. (OTC: JTBK) an Oregon-based marijuana company, focused on acquiring funding for its business operations and goals. The company intends to build out its location in Oregon for cultivation and processing. The company announced recently formation of a new wholly owned subsidiary named CenAviv™. CenAviv intends to create a pharmaceutical grade edible for the over the counter market. The company has intentions to build out a clean lab room to create unique and proprietary edible formulations. The company twitter page announces the latest developments.


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