Money related Trym Announces $3.1M Seed Round to Grow Cannabis Cultivation Platform by Sophia Vida October 01, 2020 Trym, which is behind cannabis software built for commercial growers, has announced a $3.1 million seed round in order to help the company grow its software offering. Commercial marijuana operations rely on software platforms i...
Money related Illinois Sees Cannabis Sales Peak Record High Last Month by Sophia Vida September 19, 2020 The state of Illinois released its data on cannabis sales for the month of August recently and sales peaked a record high. Adding together medical and adult-use sales, Illinois reached a record high of over $95 million in legal...
Money related Toronto Cannabis Firm RWB Enters California Market with Huge Acquisition by Sophia Vida July 28, 2020 Toronto-based multistate cannabis company Red White & Bloom Brands (RWB) has entered the California market by signing a binding letter of intent to purchase California-based Platinum Vape for $35 million in cash and $25 millio...
Money related Online Transactions for the Ontario Cannabis Store Explode 82% in March by Sophia Vida June 10, 2020 While March was a frantic month due to the coronavirus pandemic and lockdowns, Ontario saw tremendous success during the month. The Ontario Cannabis Store (OCS) released data on its sales over the past 12 months, from April 1, ...
Money related High Times Just Bought 13 Dispensaries for a Cool $80M by Sophia Vida May 01, 2020 Hightimes Holding Corp, the owner of High Times magazine, is making quite a big purchase. The company has entered into a purchase agreement to buy 13 active and planned retail dispensaries from Harvest Health and Recreation, In...
Money related Marijuana Sales Are Growing Exponentially Across the U.S. and Canada by Sophia Vida March 25, 2020 The coronavirus may have sent the market plunging, but it sent sales of marijuana skyrocketing. According to data platform Flowhub, between March 16 and March 22, sales of recreational cannabis across key US markets, including ...
Money related Study Finds that Marijuana is Better at Treating Chronic Pain than Opioids by Sophia Vida March 10, 2018 The opioid crisis in America is large and considered a national emergency. Many doctors keep prescribing opioids to threat chronic pain and it's an issue that needs to be dealt with. A recent study by the National Institutes of...
Money related This Weed Delivery Startup Just Raised $27M by Sophia Vida September 14, 2017 It's been an exciting year for the marijuana industry and one company has been definitely basking in the glory of the high growth industry. Weed delivery start up company Eaze has just raise $27 million in Series B financing. T...
Money related Someone Just Stole Marijuana User Data for a $70 Million Ransom by Sophia Vida June 29, 2017 According to Crunchbase News, an anonymous source informed the that Eaze, a Series B-stage cannabis delivery company has had a "security incident." According to this source, some of the company's user data may have been stolen ...
Money related Demand On The Rise For Industrial Building In Respect To Medical Marijuana by marijuanastox April 18, 2017 Medical marijuana growers have leased out space in industrial building s of approximately 25,000 across the state. The real estate takes advantage of the conditions set for marijuana growers Ron Boji is knowledgeable of a fe...