Cannabis Market Research Firm BDS Analytics Raises $3.5M

Cannabis market research firm BDS Analytics has raised $3.5 million in Series B funding led by CanopyVentures and Altitude Investment Management. Roy Bingham, BDS Analytics founder and CEO, said the funding put the company in “a very strong position to execute the national expansion” of their GreenEdge software. GreenEdge, a sales tracking software, allows BDS […]

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Marijuana Companies & Investors from U.S. and Canada Plot Next Moves In Vancouver April 30 – May 2

1st NASDAQ-traded company CEO Mike Gorenstein of Cronos Group and most pro-cannabis Republican, Congressman Dana Rohrabacher to address group; Dozens of Promising Cannabis Companies Pitch Investors in ‘Shark-Tank’ Style Format Vancouver, BC – On the heels of Trump backing states’ rights on marijuana and former Speaker of the House John Boehner joining the cannabis industry, […]

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Report: Cannabis Industry Investments Hit $1.23B In First Weeks of 2018

According to a Viridian Cannabis Deal Tracker report outlined by Bezinga, investments in the cannabis space have increased 600 percent over the first five weeks of 2018 compared to the first five weeks of 2017. In the first five weeks of 2017, cannabis industry investments reached $178 million, while this year they have already swelled […]

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CanopyBoulder Launches 9th Canna-business Accelerator Program

CanopyBoulder’s spring 2018 business accelerator cohort includes a blockchain technology company, a software firm, and other tech projects aimed at marketing and medical cannabis information. In total, six companies comprise CanopyBoulder’s ninth class in the 16-week accelerator program. The six companies: Realm 72 – an online marketplace for marketers, brands, and influencers, linking products and […]

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Canopy Launches Venture Fund Targeting Growth Stage Ancillary Cannabis Companies

Boulder Colorado-based venture capital firm Canopy is launching a $50 million fund targeting growth stage ancillary cannabis companies raising bridge, series A round, and follow-on funding. The fund, Canopy Ventures I, will complement the firm’s existing accelerator and seed stage funds. “We’re providing smart money to great companies with a proven model. One area where […]

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Exchange-Traded Cannabis Fund Sees Gains in Wake of California Legalization

The first cannabis exchange-traded fund on the New York Stock Exchange – Alternative Harvest ETF – gained more than 9 percent as California began legal sales, opening yesterday at $33.76 and closing at $35.57. According to a Forbes report, its Canadian counterpart, Horizons Marijuana Life Sciences, shot up 12 percent. Alternative Harvest ETF, which trades under […]

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Online Cannabis Platform LeafLink Raises $10M in VC funding

Online cannabis commerce platform LeafLink has raised $10 million from venture capital firms to expand its reach into California, according to a Business Insider report. The company already operates in six states – including California, Arizona, Colorado, Nevada, Oregon and Washington. Ryan Smith – the first cannabis entrepreneur to make the Forbes 30 under 30 […]

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Jon Vaught: Cannabis and Tissue Culture Cloning

Jon Vaught is the CEO of Front Range Biosciences, a cannabis agriculture firm based out of Boulder, Colorado that specializes in tissue culture cloning for the cannabis industry. Jon recently joined our podcast host TG Branfalt for an interview that covers his early career in organic chemistry and agriculture science, Front Range’s successful seed round […]

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Alcohol Distributor Constellation Brands Buys Stake in Canopy Growth

Constellation Brands, the U.S. distributor of Corona beer and Svedka vodka, has agreed to take a 9.9 percent stake in Canopy Growth Corp., a Canadian medical cannabis company, for about US$191 million (C$245 million) the company announced in a press release. The announcement comes less than one year after Constellation CEO Rob Sands told Ad […]

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Spark the Conversation: Molly Peckler, Highly Devoted

Molly Peckler is the creator of Highly Devoted, a matchmaking service for cannabis professionals. In this episode of the Spark the Conversation podcast, Molly joins podcast host Bianca Green for a conversation at the 2017 Emerald Exchange in August. In this interview, Molly and Bianca discuss the founding of Highly Devoted — which began as […]

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Report: Cannabis Industry Investments Already Beyond 2016 Figures

According to Viridian Capital Advisors’ Cannabis Deal Tracker, investments in most sectors of the legal cannabis industry are up so far in 2017, with cultivation and retail investments leading the way. According to the report, as of Sept. 29, investments in the space are so far more than double the 2016 figures, with total investments […]

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Son of WWE Founder and SBA Administrator Sues Cannabis Grow-Box Maker

World Wrestling Entertainment performer Shane McMahon is suing Connecticut-based EnviroGrow, a company that manufactures cannabis-growing modules, the New York Daily News reports. McMahon, is the son of WWE Chairman Vince McMahon and U.S. Small Businesses Administration Administrator Linda McMahon. The lawsuit claims that Shane McMahon invested $500,000 for a stake in the company, but when […]

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Colorado’s Front Range Biosciences Raises $3M in Bridge Funding; Plans California Expansion

Lafayette, Colorado-based Front Range Biosciences, which specializes in cannabis tissue propagation, has raised $3 million in bridge funding which will be used to scale the company’s processes and help fund its expansion into California. The investment round was led by Phyto Partners, Salveo Capital, Sand Hill Angels, HBS Angels of NYC, NY Angels, Halley Venture […]

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Eaze Raises $27M, Adds Investor to Board of Directors

Eaze, the cannabis technology and delivery firm, has raised $27 million in Series B financing led by Bailey Capital, bringing the company’s total funding to $52 million. Bailey Capital is led by James Bailey, who has also invested in PAX Labs and High Times. DCM Ventures, Kaya Ventures, and FJ Labs also participated in the […]

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Lerer Hippeau, Joe Montana-Linked Firm, Lead $4M Cannabis Technology Company Seed Round

Cannabis technology firm HERB has raised $4.1 million in seed funding led by Lerer Hippeau Ventures along with Liquid 2 Ventures, which counts National Football League Hall of Fame quarterback Joe Montana among its general partners. Lerer Hippeau has previously invested in Buzzfeed, and were announced in April as leaders of a $3 million seed […]

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Russian Banking Pioneers Betting on U.S. Cannabis Reforms

Two Russian banking pioneers are envisioning sweeping cannabis reforms in the U.S. and are bringing the same attitude to the industry that they had during the fall of the Soviet Union and its transition to capitalism. In an interview with Bloomberg, Boris Jordan, who co-founded Renaissance Capital more than 20 years ago, equated the cannabis […]

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German MMJ Market Attracting Canadian Firms, Maricann Leads Pack

On January 19, the German parliament unanimously legalized medicinal cannabis use, paving the way for patients with a doctor’s prescription to purchase cannabis products from pharmacies. Unlike America’s fractured medical cannabis system, German patients will be able to have their medicinal cannabis treatments covered by insurance, and access is not based on qualifying conditions – […]

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High Times Sold to Los Angeles Investment Firm

High Times magazine, a counterculture staple for 43 years, has been sold to Los Angeles-based investment firm Oreva Capital in a $70 million deal, according to a Forbes report. Oreva Capital is comprised of 20 investors, including Damian Marley, son of the late Bob Marley, and founded by Adam Levin. Levin said the magazine’s value, […]

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Cannabis Breathalyzer Company Completes $8.1 Million Funding Round

Benchmark Capital, the Silicon Valley venture capital firm whose investments include Uber, Dropbox, Snap, and WeWork has infused capital into Oakland-based startup Hound Labs – makers of a breathalyzer for cannabis, according to a Business Insider report. The firm led the tech company’s recent $8.1 million funding round. Breathalyzers for cannabis are tricky because THC […]

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Oregon Cannabis Startups See $60-$80M in Investments Over Last 6 months

According to figures from Oregon’s Marijuana Regulation Committee, cannabis startups in the state have had at least $60 million to $80 million invested in the last six months, Northwest Public Radio reports. Projects range from gene testing, to perfecting new delivery methods such as transdermal patches, to researching medical applications for cannabis. In January, Oregon […]

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Florida Attorney and MMJ Campaign Financier Eyeing Industry Investment Opportunities

Orlando, Florida attorney John Morgan was one of the major financial backers of the two statewide ballot initiatives to expand the state’s medical cannabis regime, and in an interview with the Miami Herald, he indicated plans to invest up to $100 million into “the right opportunities” in the cannabis space. “I am prepared to invest […]

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Imperious Expo in Tacoma This Week, July 20-21

The inaugural Imperious Expo is coming this week to Tacoma, Washington. The conference — a professional celebration of the medical and industrial cannabis industries — is taking place this Wednesday and Thursday, July 20-21,  in the Tacoma Dome Exhibition Hall. The Imperious Expo is a conference focusing on cannabis medicine, business, and technology. The event will […]

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Ricky Williams Expects Cannabis Profits to Exceed NFL Earnings Lost to Failed Drug Tests

Former NFL running back Ricky Williams says he’s going to make more money through cannabis business investments than the total NFL profits he was denied after failing several drug tests more than a decade ago. In a recent interview with Sports Illustrated, Williams said that in failing four drug tests between 2002 and 2006 for cannabis use, he estimates that […]

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