Ancillary Marijuana Companies

National Association for Cannabis Lawyers to Launch

John Schroyer  | April 16, 2015

Two California lawyers have teamed up to start the National Cannabis Bar Association, with the aim of connecting attorneys across the country and creating a network of legal resources for the marijuana industry.

Though the nonprofit organization’s website isn’t yet fully functional and ready to accept memberships, it will be up and running …

Tech Firm Behind MMJ Delivery App Raises $10 Million as Investors Warm to Cannabis

Tony C. Dreibus  | April 14, 2015

By Tony C. Dreibus

Eaze, a technology company that helps facilitate medical marijuana deliveries to patients, has raised $10 million in venture capital funding that will allow the San Francisco-based business to expand geographically and improve its customer service.

The fundraising effort was led by venture capital firm DCM Ventures, which has more than $2.5 …

500 MMJ Dispensaries Shuttered in LA, City Attorney Says

John Schroyer  | April 10, 2015

Medical marijuana dispensary competition in Los Angeles is apparently shrinking.

The city claims it has succeeded in shutting down the vast majority of illegal dispensaries, with possibly more closures on the way.

City Attorney Mike Feuer estimated this week that officials have helped close 500 dispensaries since 2013, when local voters passed a …

Prominent CA Testing Lab Raided, Two Execs Arrested

John Schroyer  | April 7, 2015

A marijuana testing lab was raided in Pasadena on Monday, and two executives with the company were arrested for suspicion of manufacturing a controlled substance.

Dr. Jeffrey Raber, president and co-founder of The Werc Shop testing lab, and Mark Piesener, another executive, were both arrested after cops responded to an anonymous tip regarding a …

‘Fort Knox’ Proving Popular Among Michigan Caregivers

John Schroyer  | April 3, 2015

In a state without a dispensary law, it’s difficult to operate safely in the marijuana industry. Not only do business owners risk legal prosecution, setting up safe and secure cannabis cultivation locations is tricky as well.

Matthew Herman, a criminal attorney in Grand Rapids, Michigan, has developed a popular solution for the state’s small operators …

Helping Marijuana Consumers Find Love

Tony C. Dreibus  | March 30, 2015

Want to meet someone with whom you can share your life, and your marijuana? There’s an app for that.

In another example of the many, many ancillary business impacts of the growing legal cannabis industry, entrepreneur Todd Mitchem has developed an app called `HighThere’ that connects cannabis consumers looking for love, describing it …

Marketing Challenges in an Evolving Industry: Q&A With Cannabrand’s Olivia Mannix

Tony C. Dreibus  | March 25, 2015

By Tony C. Dreibus

Branding and marketing have become an important part of the cannabis industry as companies expand geographically.

Becoming a household name doesn’t happen overnight, nor is it easy to get people to identify your brand without a lot of effort.

Enter Cannabrand, founded by business partners Olivia Mannix and Jennifer DeFalco. The …

Rhode Island Official Concerned About MJ Grows After Fire

John Schroyer  | March 12, 2015
A five-alarm fire this week at a building that housed the headquarters of a cannabis association in Rhode Island - among other businesses - now has at least one state official worried about the safety of marijuana cultivation operations.

Branding Becoming Bigger Part of Cannabis Industry as Companies Look to Expand

Tony C. Dreibus  | March 11, 2015

By Tony C. Dreibus

Brand marketing has finally become a buzzword in the cannabis industry as a growing number of companies look to expand across city, state and even international boundaries.

In the past, many dispensaries, retail stores, infused products businesses and even growers relied primarily on word-of-mouth in their local communities, online listing

News of Surna Exec’s Departure Triggers Stock Slide

John Schroyer  | March 5, 2015

Shares of Surna Inc. have dipped since the company announced that its high-profile CEO Tom Bollich will step down, continuing a longer stock slide that began a year ago.

The cannabis cultivation technology firm said last week that Bollich will depart April 14 as the company moves from a startup to a more …

Bank CEO Steps Down to Enter Cannabis Industry

John Schroyer  | March 5, 2015

By John Schroyer

The top executive of a groundbreaking Nevada bank that began working with the marijuana industry last year has left his post to accept a job with a financial services startup targeting cannabis companies.

John Sullivan, who served as president and CEO of First Security Bank of Nevada for nearly four years and