Mainstream magazine honors cannabis software company

LeafLink, an online inventory and ordering platform for the marijuana industry, has been chosen one of the “Top 10 Most Innovative Companies in Enterprise” by a traditional business publication. Fast Company‘s inclusion of LeafLink on its select list put the software firm in the company of such mainstream businesses as online retail giant Amazon, productivity […]

Mainstream magazine honors cannabis software company is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Corona beer owner helping develop marijuana-infused beverages for Canada

Cannabis-infused beverages such as beer could make their debut in Canada as soon as next year. Canopy Growth, a licensed cannabis producer in Smith Falls, Ontario, is working with Constellation Brands, the maker of Corona Beer, on cannabis-infused beverages that it hopes to sell through liquor stores in Canadian provinces that have given cannabis distribution responsibilities […]

Corona beer owner helping develop marijuana-infused beverages for Canada is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Louisiana State University’s cannabis cultivation contractor sells 15% stake

GB Sciences, a Las Vegas company contracted to develop the Louisiana State University AgCenter’s medical marijuana products and manufacturing program, has sold a 15% stake in the venture. Wellcana Group, which was formed last month in Lafayette, Louisiana, paid $3 million for its share of the project, The Advocate reported. The capital will be used for […]

Louisiana State University’s cannabis cultivation contractor sells 15% stake is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Cannabis analyzer company raises $2.25M

An Israeli company that has been working on a commercial-scale cannabis analyzer has completed a $2.25 million Series A-1 round of funding. GemmaCert, based in Tel Aviv, will launch its cannabis potency analyzer by the same name at this week’s Emerald Conference in San Diego, a gathering focused on science and cannabis. The GemmaCert analyzer […]

Cannabis analyzer company raises $2.25M is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Colorado marijuana sales break another record, hit $1.5B in 2017

Despite falling marijuana prices, annual sales in one of America’s oldest regulated recreational cannabis markets have yet to plateau and instead continue to break records. Colorado’s marijuana stores rang up a record $1.5 billion in sales of medical and recreational cannabis, edibles and concentrate products in 2017, according to data released by the state’s Department of […]

Colorado marijuana sales break another record, hit $1.5B in 2017 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Oregon audit: Cannabis tracking system vulnerable to compromise

An audit of Oregon’s top marijuana regulatory agency found that the state’s marijuana tracking system lacked proper safeguards, making it easier for cannabis businesses to hide violations such as illegal sales. The findings come less than a week after Oregon’s top federal prosecutor said the state has a “formidable” problem with marijuana overproduction that winds up […]

Oregon audit: Cannabis tracking system vulnerable to compromise is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Grower could be first in New Mexico to lose medical marijuana license

The New Mexico health department is alleging that a medical marijuana grower submitted falsified audits and is taking steps to revoke the company’s license. Mother Earth Herbs denies it falsified audit reports and has requested a hearing to challenge the revocation, the Santa Fe New Mexican reported. If Mother Earth loses the challenge, it would be the […]

Grower could be first in New Mexico to lose medical marijuana license is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Job growth in marijuana industry is skyrocketing

The total number of job postings for the U.S. cannabis industry increased by 445% in 2017, a study by job search website ZipRecruiter shows. The online job platform noted the spike is dramatically higher than the 18% increase in cannabis-related job postings in 2016, according to Business Insider. ZipRecruiter’s chief economist, Cathy Barrera, said the […]

Job growth in marijuana industry is skyrocketing is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Marijuana-focused credit union gets conditional approval from the Federal Reserve

After a 40-month battle, a Colorado credit union that’s determined to serve marijuana-related companies has finally won conditional approval from the Federal Reserve to launch its business. But the Fourth Corner Credit Union will not be serving plant-touching businesses – as it originally had planned to do – but will instead cater to advocacy groups, […]

Marijuana-focused credit union gets conditional approval from the Federal Reserve is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Cannabis credit union hit with wrongful termination lawsuit that claims CEO used cocaine

A husband and wife who held key positions at a Colorado credit union that serves marijuana companies have filed a lawsuit claiming they were fired in part because one of them witnessed the company’s high-profile CEO using cocaine on several occasions, Marijuana Business Daily has learned. The wrongful termination suit lists Partner Colorado Credit Union, its CEO, […]

Cannabis credit union hit with wrongful termination lawsuit that claims CEO used cocaine is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs