How marijuana companies woo budtenders to increase sales, promote brands
Cold hard cash. Swag, like shirts and tote bags. Free non-infused gummies. Private parties and appreciation breakfasts.
While some marijuana companies take a more conservative approach, others are pulling out all the stops to encourage budtenders to sell more products and boost sales.
AFC Gamma expands loan to marijuana MSO Nature’s Medicines by $30 million
Florida-based cannabis business real estate lender AFC Gamma loaned an additional $30 million to Arizona-headquartered multistate marijuana operator Devi Holdings, which does business as Nature’s Medicines.
Marijuana MSOs post strong quarterly results, but investors tepid
All 10 of the largest publicly held marijuana multistate operators posted double-digit revenue growth in the quarter ended June 30, but stock prices remained weak as investors grow impatient with the slow pace of federal marijuana legalization efforts.
An open letter to our CO2 cannabis extraction colleagues
It’s an amazing time to be in the extraction technology business.
New opportunities seem to be in endless supply, with the growing popularity of botanical extracts and increasing use of hops extraction in brewing.
Cannabis software company Forian raising $24 million
Forian, the company behind cannabis industry tracking software BioTrackTHC and marijuana analytics software Cannalytics, is raising $24 million in a private placement of convertible notes.
