The popular marijuana consumer website Leafly has laid off 15 employees and hired a tech entrepreneur to lead the Seattle company as its new CEO. The job reduction – unusual for the cannabis industry – cut Leafly’s workforce by about 13% and leaves the company with about 100 employees, GeekWire reported. Leafly didn’t say which […]Read More
MJ Freeway’s recreational and medical marijuana point-of-sale clients experienced another outage Friday. Retail and dispensary clients using the company’s Tracker system experienced incorrect prices appearing on cannabis products, so MJ Freeway pulled the system down in the afternoon with hopes of getting back online by the end of the day. Some retailers lost transaction histories […]Read More
Another marijuana company is looking to a celebrity to help market its product. According to a news release, Los Angeles-based Daily High Club has partnered with cannabis comedian/actor Tommy Chong to produce a smoking supply box – including smoking paraphernalia such as rolling papers and glass – that’s delivered monthly to customers’ homes. Here’s what […]Read More
Marijuana payment service PayQwick, which brands itself as the PayPal of marijuana, has secured a $2.86 million raise. According to a news release, the Calabasas, California-based company plans to use the funding to increase sales and product development as it expands into California, Nevada, Michigan and Alaska. Here’s what you need to know: PayQwick allows […]Read More
An anti-marijuana organization in Arizona has asked the state’s attorney general to investigate cannabis tech company Weedmaps for false advertising. According to Phoenix New Times, Arizonans for Responsible Drug Policy (ARDP) is questioning the validity of claims on billboard ads paid for by Weedmaps that youth marijuana usage in Colorado and Washington hasn’t changed since those […]Read More
By Matt Lamers Smaller marijuana cultivators will have to be more nimble and strategic to succeed in Canadian provinces dominated by government-run retail monopolies, but the sales model itself won’t make doing business impossible, according to industry executives.Read More
By Kristen Nichols
A flurry of marijuana and hemp lawsuits are roiling the cannabis industry’s confusing intellectual property landscape, with trademark and trade-secret fights signaling big changes for the business.
The legal disputes – from Ohio to California – show that long-simmering tensions over intellectual property in the cannabis sector are growing as the industry matures.Read More
Eventbrite, an online platform that sells tickets to various public events, is apparently canceling sales for some – but not all – marijuana-related gatherings. According to Forbes, Eventbrite froze accounts belonging to the New York Cannabis Film Festival and the Southern California Cannabis Business and Investment Group, even while the site continued to list other […]Read More
The board of directors at MassRoots, the cannabis-focused technology and social media giant, has fired CEO and founder Isaac Dietrich amid financial difficulties plaguing the Denver company. The move was first reported by Benzinga. MassRoots has been suffering from a high cash-burn rate and declining revenues. Dietrich repotedly knew the vote was coming and spent […]Read More
By Matt Lamers
One year ahead of adult-use legalization, Ontario has become the hub of Canada’s production, finance and ancillary cannabis industries.
Large licensed producers dominate the province’s marijuana sector. Opportunities for entrepreneurs will be less widespread, but are expected to be available in ancillary businesses such as security, greenhouse supplies and accounting.Read More
The son of a power couple with direct ties to President Donald Trump has invested half a million dollars into an ancillary medical marijuana firm, the New York Daily News reported. Shane McMahon – the son of Vince McMahon, who once had his head shaved by Trump during a WWE Wrestlemania event – and Linda McMahon, […]Read More
By Omar Sacirbey
The marijuana industry has scored several advertising coups in recent weeks, with cannabis-related businesses landing ads on major television networks and in mainstream magazines.
Cannabis industry insiders welcomed the breakthroughs and accompanying hope, but they also cautioned that the MJ sector has far to go to win over mainstream media platforms.Read More
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