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Ancillary Marijuana Companies

07 Dec Neo-Nazi charges spur Oregon marijuana lab executive’s exit

The founder and executive director of a state-licensed cannabis testing lab in Eugene, Oregon, is stepping down amid allegations she is a neo-Nazi supporter. Bethany Sherman also plans to sell the OG Analytical testing lab she founded in 2013, accordin...

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29 Nov Marijuana REIT buys Arizona property for $15 million, strikes lease deal

Innovative Industrial Properties – a San Diego-based real estate investment trust (REIT) which leases real estate to medical marijuana businesses – has agreed to buy an Arizona property for $15 million. The property comprises over 350,000 square feet o...

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29 Nov MJ Freeway reveals theft of client data in 2016 cyberattack

MJ Freeway has notified its clients that some of their business information was stolen “on or about” Nov. 19, 2016. The theft came to light during the Denver-based software company’s investigation of a cyberattack it suffered in Janua...

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28 Nov Denver credit union continues marijuana banking crusade with new lawsuit, strategy

A Denver credit union – once on the cusp of revolutionizing banking for marijuana businesses before being thwarted by the Federal Reserve Bank of Kansas City – has resumed its quest to open. But going into the new year, The Fourth Corner Cr...

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24 Nov North Dakota seeks medical marijuana tracking system

The North Dakota health department is accepting requests for proposals for a traceability system to help monitor the state’s impending medical marijuana program. RFPs can be submitted until 3 p.m. CT Dec. 27. North Dakota voters approved an MMJ p...

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24 Nov Week in Review: MPP chief bows out, Ohio’s dispensary application glut & MassRoots’ internal war

Rob Kampia steps down as executive director of the Marijuana Policy Project, Ohio is inundated with MMJ dispensary applications, and MassRoots battles its founder. Here’s a closer look at some notable developments in the marijuana industry over the pas...

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24 Nov Alberta’s plan to allow marijuana use in hotels could create huge new industry

Alberta is set to become the first province in Canada to give hotel owners the option of allowing recreational marijuana consumption in guest rooms, creating a potentially huge new cannabis tourism sector. It’s also the first time a province has sought...

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22 Nov Layoffs at marijuana investment firm Privateer Holdings

Privateer Holdings, a marijuana-focused private equity company, has laid off a portion of its workforce, only weeks after a subsidiary, Leafly, cut 15 employees. The Seattle-based cannabis investment firm did not reveal how many staffers were eliminate...

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