Ancillary Marijuana Companies

Oregon tech firm wins Iowa’s medical cannabis seed-to-sale contract

Iowa has awarded Oregon tech company BioMauris a contract to run a seed-to-sale platform for the state’s upcoming low-THC medical marijuana program, according to a news release from the company. The contract for BioMauris’ software platform will be worth $300,000 to the company, a spokesman said. The arrangement will run for two years with Iowa having […]

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Tiny Lesotho looks to become African staging ground for medical marijuana businesses

A landlocked nation in southern Africa is on the cusp of opening major medical cannabis opportunities both domestically and internationally, provided government and businesses overcome near-term obstacles. The opportunity for Lesotho’s economy to become a supplier of medical cannabis and ancillary services to other countries in Africa where medical cannabis laws are in the works – […]

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Weedmaps counters California’s order to quit assisting unlicensed cannabis companies

Weedmaps apparently doesn’t plan to drop its listings for unlicensed California marijuana businesses any time soon. In a letter sent Monday to the California Bureau of Cannabis Control, the online marijuana advertising giant wrote that it is “not a Licensee subject to the Bureau’s purview.” The letter – signed by Weedmaps CEO Doug Francis and […]

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US marijuana heavyweights Helix TCS, BioTrackTHC agree to merge

Colorado-based Helix TCS, a publicly traded ancillary marijuana company, said it signed a merger agreement with BioTrackTHC, a Florida-based seed-to-sale cannabis tracking software company.

The deal’s price tag wasn’t disclosed.

According to an 8-K filing, BioTrackTHC stakeholders will own 48% of Helix TCS once the merger is finalized.

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California orders Weedmaps to stop advertising unlicensed marijuana businesses

The honeymoon is over for Weedmaps and California’s gray-market marijuana businesses. The California Bureau of Cannabis Control sent a cease-and-desist letter last month to Irvine-based Ghost Management Group, the owner of popular marijuana dispensary finder, ordering the company to stop advertising unlicensed operators or face unspecified “criminal and administrative penalties.” Sacramento authorities recently sent their […]

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‘This is not a social network’: Q&A with new Women Grow chair Chanda Macias

As owner of the National Holistic Healing Center, a Washington DC dispensary that serves roughly 2,000 patients, Chanda Macias has found success pairing scientific and medical expertise with corporate experience. She hopes to use that same formula to help turn around Women Grow, the once high-flying cannabis professionals group that more recently has experienced the closure […]

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Marijuana Business Daily parent company, former publisher settle lawsuit

The parent company of Marijuana Business Daily and its former publisher have settled an employment-related lawsuit. Rhode Island-based Anne Holland Ventures filed a lawsuit in June in Denver County District Court alleging that George Jage violated the terms of his employment agreement after he unsuccessfully tried to buy Marijuana Business Daily. Jage filed a response to the […]

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California green lights surety bond program for state’s cannabis industry

California has approved its first insurer to provide surety bonds for marijuana businesses in the state. According to the Insurance Journal, Mayfield, Ohio-based Continental Heritage Insurance Co. has passed muster with the California Insurance Commission. Here’s what you need to know: Surety bonds are required for California applicants seeking licenses in most sectors of the cannabis […]

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