Omar Sacirbey

Denver marijuana tech firm Baker raises $8 million

Baker, a marketing automation software company serving marijuana dispensaries, has secured $8 million in Series A funding, bringing its total capital raises to $11.75 million. Denver-based Baker will use the money to fuel growth in California and Washington state, according to a company news release. The company – which some dub the Salesforce of cannabis – […]

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Massachusetts advances recreational cannabis diversity plan

Massachusetts regulators have approved a draft proposal that would give priority review in the recreational marijuana licensing process to business applicants from economically disadvantaged communities. The state’s Cannabis Control Commission will vote next week to finalize those and a slew of other regulations the group has been working on in recent weeks. Adult-use license applicants […]

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Marijuana entrepreneurs already lining up for New Jersey’s looming recreational market

New Jersey can’t even begin the recreational cannabis legalization process until mid-January, but marijuana entrepreneurs across the country are descending on the Garden State in hopes of getting a first-mover’s advantage in what could become one of the most buoyant markets on the East Coast. Indeed, many marijuana businesses already have a presence in New Jersey, […]

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San Francisco cannabis report: Consumption to spike, prices to plummet

The amount of legal marijuana consumed in San Francisco could triple – to 30 million grams per year – after California’s recreational market launches in January, but cannabis prices will fall “dramatically,” according to a new report. A draft tax report compiled by the City Controller’s office showed that once recreational sales begin, total regulated […]

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Move afoot to review Ohio’s medical marijuana business licensing process

One of Ohio’s medical cannabis companies and some state lawmakers are calling for an investigation into how MMJ cultivation license applications were scored after it was revealed one of the judges had a felony drug conviction. As the owner of one-man firm iCann Consulting, Trevor Bozeman won part of a $150,000 state contract in June to score MMJ […]

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Neo-Nazi charges spur Oregon marijuana lab executive’s exit

The founder and executive director of a state-licensed cannabis testing lab in Eugene, Oregon, is stepping down amid allegations she is a neo-Nazi supporter. Bethany Sherman also plans to sell the OG Analytical testing lab she founded in 2013, according to The Oregonian. Her actions follow allegations by a local Antifa group that she and Matthew L. […]

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Marijuana real estate company files for $100 million raise

A San Diego-based real estate company that caters to medical cannabis cultivators has filed paperwork with the Securities and Exchange Commission disclosing plans to raise $100 million. If successful, Innovative Industrial Properties’ raise would be one of the larger funding efforts for a U.S. cannabis business. The company – which began listing as IIPR on the New […]

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Week in Review: New Jersey rec MJ legalization, Indiana hemp chaos & cannabis + wine

New Jersey’s governor-elect appoints a marijuana advocate to a key position, Indiana hemp retailers are ordered to remove CBD products from their shelves, and an Oregon judge allows a vineyard’s lawsuit against a planned cannabis grow to continue. Here’s a closer look at some notable developments in the marijuana industry over the past week. Keeping […]

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Florida’s medical marijuana program enlists help for patient ID card production

In an effort to get medical marijuana into consumer hands quicker, Florida’s health department has awarded a third-party contract to produce the state’s MMJ identification cards. State regulators have fallen behind because of a flood of MMJ registrations over the past eight months. The $7.9 million contract went to Jacksonville-based Veritec Solutions, a subsidiary of […]

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L.A. firm aims to boost Colorado hemp farm by 900 acres

A Los Angeles-based real estate company is seeking to expand an 80-acre hemp research site in Pueblo, Colorado, 12-fold, which would make it one of the largest hemp operations in the state. Agritek Holdings – which has water and mineral rights on the 80-acre site it already owns in Pueblo – has been given first […]

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The power of data, fundraising and expansion: Q&A with Headset’s Cy Scott

When Cy Scott, Scott Vickers and Brian Wansolich co-founded the strain and dispensary listings website Leafly in 2010, a developed marijuana consumer market already existed. The legal cannabis industry, however, was still getting started. Leafly thrived and, before long, caught the attention of Privateer, a cannabis-focused holding firm that bought the web company in 2011 […]

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