Safe Harbor, New York institution create marijuana banking partnership
Cannabis industry financial services company Safe Harbor Financial announced a marijuana business banking partnership with Five Star Bank.
News on Ancillary Products & Services
Cannabis industry financial services company Safe Harbor Financial announced a marijuana business banking partnership with Five Star Bank.
The German government is preparing a draft law that would highly regulate so-called cannabis clubs – associations that would not produce profits – potentially leaving very little room for making money for even ancillary businesses.
Akerna Corp. is selling its cannabis software platforms for $5 million in cash to a business called MJ Freeway Acquisition Co., after having backed out of a previous deal for the assets.
The U.S. International Trade Commission “ruled definitively” in favor of dozens of vaporizer companies that were accused of patent infringement by Chinese e-cigarette maker Shenzhen Smoore Technology Co.
A “series of cascading failures” was responsible for Dutchie’s e-commerce platform outage that impacted marijuana retailers on 4/20, the company admitted.
Technology platform Dutchie, which provides point-of-sale hardware for cannabis retailers across the United States, reported interruptions and outages on Thursday – the unofficial marijuana holiday 4/20 and one of the biggest sales days of the year in the industry.
Akerna Corp. backed out of an agreement to sell its marijuana software businesses for $4 million to POSaBit Systems Corp. after a new bidder emerged.