Ancillary Marijuana Companies

Awaiting a marijuana business license? It’s possible to defray building rental costs

It can take months for a marijuana business to gain licensing approval from regulators.

The biggest problem facing a company in such a situation is it usually must have the location nailed down before filing an application.

But paying rent on space before having a license in hand can cost a lot of money, unless steps are taken early in the process to minimize costs.

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Cannabis boom or bust: How US firms could be affected by Canada’s adult-use market

It’s crunch time for Canada’s cannabis companies as they hustle to prepare for the October launch of the country’s legal recreational market. South of the border, everyone tied to the legal marijuana scene is watching closely to gauge whether this historic milestone might translate into an economic boom for U.S. firms as well. Tremendous opportunities […]

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Marijuana M&A activity spikes as some cannabis pioneers cash out

Merger and acquisition activity is accelerating across the cannabis industry as more companies land multimillion-dollar capital infusions and ink deals aimed at growing market share. The momentum is giving more company founders an opportunity to cash out at an attractive price – or leverage the deals to launch their next venture. The flurry of activity […]

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Surviving hacks and other tumult: Q&A with MJ Freeway CEO Jessica Billingsley

As a co-founder of MJ Freeway, one of the best-known names among cannabis seed-to-sale companies, Jessica Billingsley is widely seen as an industry pioneer.

When she and Amy Poinsett co-founded the Denver firm in 2010, seed-to-sale tracking wasn’t a thriving sector.

Today, it’s an indispensable element of the marijuana industry, and the firm has processed more than $10 billion in legal cannabis transactions.

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Marijuana investment adviser sanctioned for securities fraud

A Colorado-based investment adviser received a cease-and-desist order from state regulators after admitting to securities fraud tied to a cannabis-focused firm he launched in 2016. Charlie Stivers, founder of Aurora-based Aim High Holdings, admitted to violating the Colorado Securities Act when he failed to disclose certain facts as he solicited investments for his firm, according to the […]

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Oakland may become home to big marijuana business campus

The cannabis-friendly city of Oakland, California, could wind up being home base for a host of marijuana startups, all working out of the same business campus, if a venture capital firm gets its way. According to the San Francisco Business Times, California-based Mesh Ventures is throwing $20 million into renovations for a 207,000-square-foot building it […]

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CA marijuana association trades NCIA affiliate status for group’s associate program

The California Cannabis Industry Association (CCIA) dropped its affiliate status with the National Cannabis Industry Association to join NCIA’s Allied Associations Program. The move is something of a departure for the California trade association, as the dues for its roughly 460 members now will stay with the state group instead of going to NCIA. The […]

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MassRoots pivots again, offers medical marijuana dispensary portal

Marijuana social media company MassRoots announced Wednesday that it will offer a revamped dispensary business portal for a subscription fee, with the hope the move will generate more revenue and growth for the struggling firm. In a news release, Denver-based MassRoots said the subscriptions – which start at $420 a month per outlet with a […]

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