Marijuana tech firm Agrify seeks gross proceeds of $8.7 million in share offering
Cannabis cultivation technology firm Agrify Corp. priced a public offering of shares and warrants to raise gross proceeds of roughly $8.7 million before expenses.
Chris Walsh stepping down as MJBiz CEO
MJBiz CEO Chris Walsh, the company’s founding editor and a leading authority on the marijuana industry, is leaving the pioneering cannabis publishing and trade show business in January.
Cannabis sector layoffs continue as Weedmaps cuts 25% of staff
The parent company of cannabis advertising platform Weedmaps is laying off roughly 25% of its staff, or up to 175 employees.
Opinion: How cannabis store design can help lure more consumers
Cannabis retail is becoming increasingly experiential around the country with today’s consumers expecting top-tier, thoughtfully designed stores that showcase a brand’s unique identity.
Marijuana software firm Springbig laying off nearly 25% of workforce
Springbig, a Florida-based technology company that builds marijuana-specific marketing software, said it is cutting almost a quarter of its workforce as part of an effort to become profitable amid tumbling stock prices.
MJBizCon attendees prepare to tackle marijuana industry challenges in 2023
As the regulated marijuana industry wraps up the 2022 business year, companies are fine-turning their strategies for whatever new challenges 2023 might bring.
California voters approve a dozen cannabis ballot measures to expand retail
California voters approved 12 local ballot measures in the 2022 midterm elections that will either expand or create retail cannabis markets in a dozen municipalities, with most of the gains centered in Los Angeles and San Diego counties.
