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.
Details emerge about Germany’s ultra-regulated recreational cannabis clubs
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 sells cannabis software businesses for $5 million
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.
Cannabis vaporizer makers score ‘definitive’ victory in patent dispute
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.
Dutchie admits ‘failures’ on 4/20, promises payout to marijuana retailers
A “series of cascading failures” was responsible for Dutchie’s e-commerce platform outage that impacted marijuana retailers on 4/20, the company admitted.
Cannabis sales software provider Dutchie goes down nationwide on 4/20
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.
POSaBit won’t match higher bid for Akerna’s marijuana software business
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.
