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Keywords: artemis

Cannabis e-commerce platform I Heart Jane nets $100 million of capital

August 26, 2021

Jane Technologies, a leading cannabis e-commerce platform, said it raised $100 million of equity to expand its footprint, strengthen existing software and introduce new technologies. The California-based company, which does business as I Heart Jane, said in a news release that the funding was led by Honor Ventures, with participation from Third Point Ventures, Gotham […]

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Cannabis company Nabis completes $23 million funding round

July 2, 2021 · Updated July 8, 2021

California cannabis distributor Nabis said it raised $23 million in a Series B fundraising round in a quest to expand daily operations and the company’s online wholesaling platform. In a news release, the San Francisco-based company said the funds would be put toward expanding its Nabis Marketplace, a wholesale portal for retailers and brands. Investors in […]

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Raising money for cannabis business in a recession

July 1, 2020 · Updated June 6, 2021

When Marijuana Business Magazine spoke with Artemis Holdings Group founder Sheri Orlowitz a year ago (see “Raising Capital” in the July 2019 issue), a range of investors was keenly interested in the cannabis industry. Then came the double-whammy of the vaping crisis and the coronavirus-fueled stock market crash. Now, money is tight—especially for plant-touching companies. […]

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Investment group buys Sundial medical cannabis subsidiary for CA$105 million

May 18, 2020 · Updated May 5, 2021

A United Kingdom cultivator that is licensed to grow medical marijuana and hemp has been acquired by a group led by a cannabis investment firm. The U.K.’s Bridge Farm Group, which cultivates ornamental plants, flowers and herbs, announced that it was sold by its parent company, Alberta, Canada-based Sundial Growers, to an entity controlled by […]

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Missouri begins licensing medical cannabis tracking firms

February 5, 2020

Missouri regulators awarded six permits to medical marijuana seed-to-sale companies. The state’s Department of Health and Senior Services also denied license certifications to two companies in the first round of the selection process. Those receiving licenses: MJ Freeway (now known as Akerna.) Bio-Tech Medical Software. Swin. Artemis Agtech. Validated Housing. Retail Innovations. The DHSS denied licenses […]

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Winners’ Circle

February 1, 2020 · Updated June 6, 2021

Some of the cannabis industry’s most recognizable faces turned out Dec. 12 for the MJBizDaily Awards at The Cosmopolitan Hotel in Las Vegas. The awards gala honored everyone from businesses considered international “game changers” to U.S. leaders in retail, cultivation and infused products—plus companies notable for their contributions to hemp, sustainability and giving back to the […]

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Cover Story: Raising Capital

July 1, 2019 · Updated June 6, 2021

Raising money in the U.S. cannabis industry today is far different than it was one year ago—and unrecognizable from three or four years ago, when the United States had barely 20 medical marijuana markets, and Colorado and Washington were the only states selling recreational cannabis. Back then, little capital was available to cannabis companies, and […]

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