Ancillary Marijuana Companies

Week in Review: Progress in New Jersey, More WA Rec Licenses Up for Grabs + Snoop Triples Down

John Schroyer  | September 25, 2015

By John Schroyer

The fourth medical cannabis dispensary in New Jersey prepares to open, Washington State gears up to accept applications for new recreational marijuana permits, and a celebrity unveils plans to start a marijuana-related business.

Here’s a closer look at several notable developments in the marijuana industry over the past week.

Marijuana Software Exec Wins Fortune Magazine Award

John Schroyer  | September 16, 2015

The march towards mainstream acceptance continues for the marijuana industry.

An executive with MJ Freeway, a woman-owned cannabis software company in Denver, has been named as one of eight recipients of Fortune Magazine’s 2015 Most Promising Women Entrepreneur Award.

Jessica Billingsley, co-founder and chief operating officer of the company, will accept her award at a …

Building a Business on the Back of Government Contracts: Q&A With BioTrackTHC’s Patrick Vo

John Schroyer  | September 2, 2015

By John Schroyer

BioTrackTHC has traveled an interesting path on its way to becoming one of the most prominent software firms serving the cannabis industry.

The Florida-based company works directly with roughly 1,300 cannabis businesses, but the key to its recent success has been its ability to win state contracts for custom seed-to-sale tracking systems.

Marijuana Social Networking Site Applies for Nasdaq Listing

John Schroyer  | September 1, 2015

In another sign that the cannabis industry is moving towards the mainstream, the popular marijuana-focused social networking site MassRoots announced on Monday that it has applied for its stock to be listed on the Nasdaq.

If approved, it would become the first marijuana-related technology company to trade on the Nasdaq Capital Market and could pave …

Company Begins Selling CBD Pills Across Europe

John Schroyer  | August 31, 2015

An Australian medical cannabis firm has started selling hemp-derived CBD pills online in Europe, highlighting potential international opportunities for companies that make cannabidiol-infused products.

MMJ PhytoTech is now selling 30-pill boxes of the capsules – called Satipharm – for 89 Euros, or just under $100, according …

DC Entrepreneurs Finding Ways to Profit Without Legal MJ Sales

John Schroyer  | August 20, 2015

Although recreational cannabis sales remain illegal in the nation’s capital, a number of Washington DC-area businesses have come up with various ways to turn a profit from the adult-use market.

Entrepreneurs of all stripes have been launching or restarting marijuana-related ancillary businesses after voters overwhelmingly approved a new law legalizing recreational cannabis use and possession, …