Ancillary Marijuana Companies

DC May Legalize Cannabis Clubs

John Schroyer  | February 4, 2016

Marijuana consumption lounges may become legal in the nation’s capital, which would open up a new business avenue for entrepreneurs.

Under a measure approved this week by the Washington DC City Council, a task force will take a look at whether or not the municipality should allow consumption – but not the sale – of cannabis …

Giant Vape Lounge Opens in Canada

Omar Sacirbey  | January 29, 2016

A 6,000-square-foot vape lounge for medical marijuana users that opened recently in Canada has averaged 110 customers a day in its first week of business, according to its owners.

Higher Limits – located in Windsor, Ontario – generates revenues via a $5 charge to enter the lounge. It also rents out and sells vaporizers and other paraphernalia, co-owner Jon …

Going Global: Roundup of International Marijuana Business Opportunities

John Schroyer  | January 28, 2016

By John Schroyer

The world has taken enormous strides in relaxing marijuana laws as of late.

Nearly 20 countries have legalized cannabis possession and consumption to some degree (primarily for medical purposes), including Bangladesh, Canada, Colombia, Jamaica, Italy and Uruguay, to name a few.

Cannabis Hub for Growers, Processors to Open in Tacoma

Omar Sacirbey  | January 25, 2016

A developer and his partners plan to turn part of a former food-processing plant in Tacoma, Washington State, into a hub for cannabis companies.

George Heidgerken and his partners in a company called That Other Stuff recently bought the former Nalley Fine Foods plant in an industrial area of Tacoma. They will use part of …

Denver Mayor Opens Door to Cannabis Clubs

John Schroyer  | January 20, 2016

Denver Mayor Michael Hancock may be changing his mind on the question of cannabis clubs.

If the city decides to begin allowing private consumption at lounges, not only would that solve an obvious problem for tourists of where to light up, but it could also open the door for a whole new realm …

Cannabis Magazine to be Sold at Airports

Omar Sacirbey  | December 24, 2015

A consumer-focused cannabis magazine announced that it will be available in airports across North America starting this week, moving marijuana further into the mainstream and giving businesses a way to reach more patients and MJ users.

Under a deal with Hudson News, the bi-monthly magazine Cannabis Now will be sold at newsstands at 50 …

Cannabis Software Firm MJ Freeway Raises $8M for Expansion

John Schroyer  | December 21, 2015

By John Schroyer

Colorado-based MJ Freeway, one of the most prominent cannabis-related software companies in the nation, announced this morning that it has completed an $8 million round of fundraising.

The figure could be a record-setter in terms of capital raised by a software firm focused on the marijuana industry.

Marijuana Business Incubator Launches in Oakland

Omar Sacirbey  | December 18, 2015

It may seem strange that California’s first cannabis business incubator just launched, but better late than never.

Based in Oakland and founded by two technology veterans, Gateway Inc. seeks to nurture both ancillary firms and companies that handle the plant, such as growers, dispensaries, and extractors.

Gateway will provide companies with $30,000 in return for …