Done Deal: Helix TCS And BioTrackTHC

Helix TCS Inc. and BioTrackTHC Close Previously Announced Merger

COLORADO: Helix TCS, in conjunction with its strategic capital partner, Rose Capital, completed the closing of its merger with BioTrackTHC on June 1st.  Zachary L. Venegas will continue as the CEO of Helix TCS, and will assume the role of Executive Chairman for the combined company.  Patrick Vo will continue as CEO of BioTrack. “The closing Read the full article…

Blockchain Technology Integration In The Cannabis Supply Chain

The report indicates that enhanced transparency and immutability, improving smart contracts, increasing security concerns are factors that drive the growth of the market.

NEW YORK: According to a market research reported by IndustryARC, the blockchain market in supply chain is expected to reach $424.24 million by 2023, with a compound annual growth rate of 48.37 percent during the forecast period. A supply chain is a network between a company and its suppliers to produce and distribute products or services to the Read the full article…

CanPay Expands Services To Include Cannabis Ecommerce

debit payment solution now available in 120 retail locations across 14 states

Debit Payment Solution Now Available in 120 Retail Locations Across 14 States COLORADO: CanPay, a leading debit payment solution for the cannabis industry, has begun offering ecommerce payment solutions.  In addition to expanding payments online, CanPay has doubled the number of states it operates to 14, including: New York, Pennsylvania, Massachusetts, New Hampshire, Michigan and New Mexico. Read the full article…

BDS Analytics Raises $3.5 Million In Series B

BDS Analytics, Raises $3.5 Million in Series B

COLORADO:  BDS Analytics, a leading provider of cannabis market intelligence and consumer research, has raised $3.5 million in Series B funding in a round led by CanopyVentures and Altitude Investment Management, with participation from other leading investors, including Panther Opportunity Fund, and follow-on investments from several existing investors. “We are very pleased to receive investments from such an illustrious Read the full article…

Eaze Arrives in Los Angeles for Marijuana Week

Los Angeles joins San Francisco, San Diego, Oakland and San Jose in making safe, legal delivery available to residents.

CALIFORNIA: Eaze, a leading cannabis technology company, today announced its expansion into the City of Los Angeles, the world’s largest legal municipal market. Residents 21 and older can now use the Eaze platform to purchase cannabis via on-demand delivery from local licensed dispensaries, The Clinik and Perennial Holistic Wellness Center. Los Angeles joins San Francisco, San Diego, Oakland and Read the full article…

First ‘Seed-to-Sale’ Accounting Case Study On Cannabis Industry

‘High’ profits from cannabis accounting scrutinised in innovative case, inspired by reporting anomalies. The first-ever cannabis case will be taught today at Cambridge Judge Business School.

UNITED KINGDOM: Cambridge Judge Business School (CJBS) and cannabis operator and investor White Sheep Corp. announced their collaboration on the first “seed-to-sale” accounting case study on the cannabis industry – “High” Profits From Accounting For Cannabis Plant Inventory – co-authored by Alan Jagolinzer, Michael Miller and Steven Looi. The case study will be taught for the Read the full article…

California Ushers In Legal Cannabis With New Self-Service Automation

Grasshopper Kiosks

CALIFORNIA: Grasshopper Kiosks, the developers of the nation’s leading fully compliant self-service systems for the storage and dispensing of cannabis products, have installed a unit in Berkeley Patients Group (BPG), the nation’s longest continuously operating marijuana dispensary. The Grasshopper automated self-service sales system streamlines transaction times, tracks inventory and payments, and collects real-time data about sales Read the full article…

Cannabis CRM Platform Baker Secures $8 Million In Series A Funding

This year alone, the company grew its staff from 18 to more than 50 full time employees, making Baker one of the largest tech companies in the industry.

COLORADO:  Baker, a leading software platform for marijuana dispensaries and brands, announced that it has secured $8 million in Series A funding, bringing its total amount of capital raised to $11.75 million. The round was led by Poseidon Asset Management, a VC firm that specializes in cannabis.  The raise will fuel the company’s rapid growth. Baker recently acquired Seattle-based Grassworks, the industry’s second Read the full article…

New Frontier Data And MassRoots Join Forces

New Frontier and MassRoots Team Up

DISTRICT OF COLUMBIA: New Frontier Data, a leading provider of data, analytics and business intelligence in the cannabis industry, and MassRoots have announced a partnership designed to “elevate digital marketing practices and better understand social consumer behavior at a pivotal time in the cannabis industry.” “It is an exciting time in the cannabis industry whereby Read the full article…

MassRoots Files Suit Against Former CEO

MJ_Legal

COLORADO: MassRoots, Inc., a leading technology platform for the legal cannabis industry, announced that on November 14, 2017 it filed a lawsuit in District Court in Denver, Colorado against its former CEO, Isaac Dietrich. The complaint alleges, among other things, that Dietrich intentionally misappropriated Company funds and engaged in self-dealing by causing MassRoots to make unauthorized payments to him and Read the full article…