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Ancillary Marijuana Companies

15 Feb Kush Bottles teams with Merida, snags $6 million investment

Kush Bottles, a California-based cannabis packaging company, has entered a partnership with a Maryland-based marijuana infrastructure fund that includes a $6 million investment. According to a news release, Merida Capital Partners’ equity investm...

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09 Feb Week in Review: Oregon’s cannabis oversupply, marijuana job growth & hemp lawsuit

Oregon’s top prosecutor says the state’s marijuana industry has an oversupply problem, cannabis job postings are soaring, and a lawsuit targets a Vermont hemp producer. Here’s a closer look at some notable developments in the marijuana indu...

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09 Feb Washington state marijuana traceability glitches stem from MJ Freeway hack

A hack of MJ Freeway’s seed-to-sale tracking system led to Washington state’s recent problems with its marijuana traceability program, regulators told licensed marijuana businesses on Thursday. Peter Antolin, deputy director of the Washingt...

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08 Feb 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 ...

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08 Feb Hiccups with traceability system rollout costing Washington state cannabis producers thousands

Problems with the rollout of Washington state’s new marijuana traceability system have cost producers tens of thousands of dollars in lost sales and contributed to dwindling cannabis inventories among retailers. At issue is problems with Denver-b...

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06 Feb 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 p...

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06 Feb Jane West steps down as Women Grow chair; Chanda Macias takes over

Jane West is stepping down as board chair of Women Grow, the well-known, for-profit venture she founded in 2014 to empower women in the marijuana industry by providing networking opportunities, mentoring and business support. Chanda Macias, a Washingto...

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02 Feb Ohio awards contract for medical marijuana customer call center

In what’s believed to be a first for the U.S. medical marijuana industry, Ohio regulators have awarded a contract to a private company for an MMJ patient call center. The three-year contract went to Direct Success, an Ohio-based company that has ...

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01 Feb Rob Kampia removed from National Cannabis Industry Association board

Rob Kampia, the embattled former chief of the Marijuana Policy Project, was removed from the board of directors of the National Cannabis Industry Association this week, Marijuana Business Daily has learned. Kampia’s ouster adds to recent turmoil ...

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30 Jan High Times moves to raise $50M by selling shares at $11

The parent company of the longtime cannabis-centric publication High Times magazine has filed paperwork to raise $50 million by selling shares at $11 each. The initial public offering reinforces that the magazine’s parent company still intends to...

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