A small yet growing number of marijuana businesses are adopting or experimenting with a nascent technology born out of the cryptocurrency phenomenon. Advocates say the technology, known as blockchain, could potentially: Solve the payment and banking hurdles facing...
Q&A with the principals of Navy Capital By Omar Sacirbey Too much due diligence is possible. That’s what Sean Stiefel and John Kaden, the principals of cannabis-focused hedge fund Navy Capital, say about their entry into marijuana investing. “We spent six months...
California, Oregon and other states where marijuana is legal are seeking a meeting with U.S. Attorney General Jeff Sessions in hopes of resolving the conflict between federal and state laws that has left the nation's cannabis industry in legal limbo. State treasurers...
Michigan's medical marijuana regulators added three more review meetings in an effort to undo a growing logjam of MMJ license applications. The state's Department of Licensing and Regulatory Affairs, which is responsible for licensing medical cannabis businesses,...
A growing number of companies that service the wine industry are now pursuing opportunities in the cannabis sector, hoping to generate new revenue streams. For marijuana businesses, that means a host of potential new ancillary companies to choose from, as well as...
According to a new study of cannabis workers in Colorado, there is “an imminent need" for the marijuana industry "to establish formal health and safety training to implement best practices.” The study, conducted by researchers with the department of psychology at...
Massachusetts’ looming recreational marijuana market has the potential to be one of the most prosperous in the nation.
Under rules finalized this month, cannabis entrepreneurs face no license caps for an assortment of business categories, edibles and many other goods are permitted, and there are opportunities to build a brand.
But applicants seeking to set up shop when the Bay State’s adult-use industry opens this summer will face a gauntlet of requirements that have already derailed scores of aspiring medical marijuana businesses.
A cannabis industry-focused job recruitment firm has raised $2.5 million in seed funding.
It didn't take long for Snoop Dogg's venture capital firm to invest some newly raised capital. Only a week after closing a $45 million funding, the rapper's Casa Verde Capital on Monday led a 4.3 million Canadian dollar ($3.3 million) seed investment in Green Tank...
Michigan regulators and police ordered 40 unlicensed medical marijuana businesses to stop operating and are expected to deliver cease-and-desist letters to hundreds more. A spokesman with the Department of Licensing and Regulatory Affairs, the agency behind the...
After Attorney General Jeff Sessions ripped up the Cole Memo and gave U.S. attorneys greater leeway to prosecute marijuana businesses, many industry executives and experts wondered whether the days of the federal government leaving legal cannabis alone were over.
Many lawyers and others argue that the new Sessions Memo didn’t change much.
The venture capital firm founded by rapper Snoop Dogg to invest in ancillary cannabis companies has closed its inaugural fund after securing $45 million from investors, making it one of the larger raises in the marijuana industry. Casa Verde...
