Ancillary Marijuana Companies

Google Preparing to Work With the Cannabis Industry?

Omar Sacirbey  | July 6, 2016

By Omar Sacirbey

Is global technology giant Google the latest major U.S. corporation to kick the tires of the marijuana industry?

It could be. Signs suggest the Mountain View, California-based company is exploring the opportunity to work with cannabis businesses.

Helix TCS acquires Colorado marijuana wholesale site

John Schroyer  | July 5, 2016

Helix TCS, a Colorado cannabis company that offers a wide range of services for industry firms, announced Tuesday it has acquired Cannabase, a leading online wholesale platform where many of the state’s growers and retailers buy and sell marijuana.

The move broadens Helix TCS’s reach into the marijuana industry. Helix, a public company which trades …

Marijuana stigma receding among some big companies

Omar Sacirbey  | June 28, 2016

By Omar Sacirbey

The giants of American business are getting more comfortable about partnering with marijuana-related companies, and they’re willing to go public about it.

In the course of a week, news broke that software giant Microsoft Corp. and Arrow Electronics, a Fortune 150 company, had teamed with marijuana-related businesses.

Firm’s Findings Show Promising Results Among Testing Labs

Omar Sacirbey  | June 27, 2016

Emerald Scientific, a California supplier of equipment and testing products to the cannabis testing sector, has released the results of its latest Emerald Test – which measures the accuracy of dozens of testing labs – and the results are promising.

Nearly 50 labs entered the company’s semi-annual Inter-lab Comparison and Proficiency Test, which measures a …

Fortune 150 Company Partners With Ancillary Cannabis Firm

Omar Sacirbey  | June 24, 2016

MyDx, a maker of handheld chemical analyzers that allow consumers to check the potency of marijuana strains, has struck a deal with Arrow Electronics, a Fortune 150 company, under which Arrow will help manufacture the analyzers and provide other services and credit for San Diego-based MyDx.

The agreement is the latest to emerge involving a marijuana-related company …

Microsoft teams with ancillary marijuana company in landmark partnership

John Schroyer  | June 16, 2016

By John Schroyer

Software giant Microsoft Corp. is teaming up with an established ancillary cannabis firm to land government technology contracts tied to the marijuana sector, a groundbreaking development that could spur other major mainstream companies to work with the industry.

Oregon Taps 4 Firms for Marijuana Sales Tracking

John Schroyer  | June 15, 2016

Oregon’s marijuana regulator has approved four software companies that recreational cannabis businesses can use to track their sales and other business data.

The Oregon Liquor Control Commission, which oversees licensed rec companies, approved three Oregon-based firms – OMMPOS, Greenbits, and Odava – along with Denver-based Flowhub, the Oregonian reported. The quartet of companies are

Bank Nixes Marijuana Firm’s Crowdfunding Hopes

Omar Sacirbey  | June 13, 2016

Crowdfunding may not be the simple solution that cash-starved marijuana start-ups can turn to for funding.

In May, the Securities and Exchange Commission implemented new rules permitting small businesses to raise up to $1 million annually through crowdfunding.

The move was hailed in the cannabis sector as a major breakthrough that would help …

Proposed measure threatens CO cannabis industry, firm says

Omar Sacirbey  | June 9, 2016

A cannabis industry data firm is sounding the alarm over a proposed Colorado ballot initiative it says would prohibit marijuana products that generate more than 80% of industry revenue in the state.

The proposed initiative would limit the amount of THC content in cannabis products to 16%. The current average is 17.1% in buds and …

New Mexico’s Medical Marijuana Industry Surges Ahead

Omar Sacirbey  | June 7, 2016

By Omar Sacirbey

New Mexico’s nearly decade-old medical marijuana market is sprinting ahead as if it had just opened, thanks to a 70% jump in new patients over the past year.

Sales via dispensaries hit nearly $10 million in the first quarter – almost double the total from the same period in 2015. 

Ancillary Tech Firm Raises $410k for Infusion Projects

John Schroyer  | June 2, 2016

A Seattle-based startup that focuses on technology to infuse products such as sugar with THC has raised $410,000 to help fund its growth.

DeepCell Industries, which isn’t a marijuana plant-touching company but stays strictly on the tech-development side, licenses its technology to cannabis product manufacturers, according to GeekWire. The company already has trademarked …