Ancillary Marijuana Companies

Nevada now accepting early start marijuana business applications

Omar Sacirbey  | May 16, 2017

Nevada’s Department of Taxation has begun accepting applications from existing medical marijuana businesses interested in selling recreational MJ under the state’s “early start” program.

Existing medical cannabis cultivators, processors and retailers that are in good standing with the state are eligible to apply for the early launch of rec sales.

The application period for …

Marijuana REIT to invest up to $15M in Maryland cultivation site

Bart Schaneman  | May 5, 2017

Innovative Industrial Properties, a cannabis-focused real estate investment trust (REIT), said it has agreed to purchase a partially developed property in Capitol Heights, Maryland, and plans to invest up to $15 million in a medical cannabis cultivation facility there.

The building on the site, once completed, is expected to total about 72,000 square …

BioTrackTHC wins Delaware medical marijuana tech contract

John Schroyer  | May 4, 2017

Florida-based BioTrackTHC has won a state contract with the Delaware Department of Health and Social Services to implement a seed-to-sale inventory tracking system, as it has already done in several other states.

The contract was executed on Tuesday, according to a news release from BioTrackTHC, and a spokesperson for the Delaware agency said: “We are …

Marijuana Business Daily President George Jage departs company

Chris Walsh  | April 25, 2017

George Jage, the president and publisher of Marijuana Business Daily since 2014, has parted ways with the company for undisclosed reasons.

The position will not be filled, but the company plans to make key strategic hires in other areas, said Cassandra Farrington, Marijuana Business Daily’s co-founder and CEO

Farrington declined to publicly discuss specifics of Jage’s departure.

 …

3 cannabis biz events named among top growing trade shows

Roger Fillion  | April 21, 2017

Three marijuana business events have been named among the 50 fastest-growing trade shows in the United States, reflecting the cannabis industry’s rapid expansion and future potential.

The Fall Marijuana Business Conference & Expo ranked second nationally for growth in attendance and net square feet of paid exhibit space from 2015 to 2016, according to Trade …

MJ Freeway wins $10M PA medical cannabis tracking deal

Omar Sacirbey  | April 20, 2017

Embattled MJ Freeway received a key vote of confidence Thursday after Pennsylvania awarded the Denver company a $10 million contract to provide a seed-to-sale tracking system to keep tabs on the state's new medical marijuana program.

The five-year contract is a shot in the arm for MJ Freeway, given that Pennsylvania's MMJ market is forecast to …

Washington state’s marijuana tracking contract up for bid

Bart Schaneman  | April 11, 2017

By Bart Schaneman

Washington state regulators have begun accepting bids for a new seed-to-sale tracking system to keep tabs on marijuana commerce, a deal with an initial value of about $3 million.

The competition likely will be fierce, given that the contract involves one of the nation’s largest cannabis markets.

CEO of cannabis firm Women Grow steps down to focus on dispensary

John Schroyer  | April 4, 2017

Leah Heise, who became the CEO of Women Grow less than a year ago, announced this week that she’s leaving the national cannabis event and networking company, effective immediately, to run her own medical marijuana dispensary in Maryland.

While Women Grow searches for a new corporate leader, Chief Operating Officer Kristina Neoushoff will …