Marijuana Refinery Sues Boulder-Based Wana Brands Alleging $5 Million in Damages Following Failed Merger

LP's lawsuit says merger discussions ended in December 2017 after its sales allegedly plummeted and several LP employees resigned allegedly in anticipation of the merger.

COLORADO: A Colorado marijuana refinery, LP Capital LLC (LP), has sued Mountain High Products, which does business as Wana Brands, an edibles company, and the edible maker’s CEO following a failed merger. The refinery’s lawsuit (District Court, Boulder County, 2018CV30336) seeks monetary damages, to enjoin Wana from using and continuing to use certain business information learned during Read the full article…

Wurk Raises $3.2 Million In Bridge Funding Round

The company, which helps cannabis companies manage payroll, human resources, timekeeping, scheduling and tax compliance, streamlines operations and minimizes compliance risks in the ever-changing cannabis regulatory environment.

COLORADO: Wurk, the workforce management company for the cannabis industry, has raised $3.2 million in a bridge funding round, with participation from both new and returning investors, including Poseidon Asset Management, which led the round, as well as Phyto Partners, Altitude Investment Partners, Arcview Investor Network and Arcadian Fund. According to a company press release, Wurk will utilize the new Read the full article…

Creator Of Blue Moon Plans Cannabis-Infused Craft Beer

CREATOR OF BLUE MOON SETS SIGHTS ON CANNABIS-INFUSED CRAFT BEER

COLORADO: When Keith Villa, Ph.D., the creator and head brewmaster of Blue Moon Brewing Company, announced his retirement from MolsonCoors in January 2018 after 32 years of service, he hinted about plans to create a new beverage product with “cutting edge” ingredients. Those plans are now coming to fruition with the official launch of CERIA™ Read the full article…

U.S. Attorney Bob Troyer Issues Statement Regarding Marijuana Prosecutions in Colorado

California PSA draws strong reaction

COLORADO:  U.S. Attorney Bob Troyer of the District of Colorado has issued the following statement regarding marijuana prosecutions: “Today the Attorney General rescinded the Cole Memo on marijuana prosecutions, and directed that federal marijuana prosecution decisions be governed by the same principles that have long governed all of our prosecution decisions.  The United States Attorney’s Office Read the full article…

Cannabis Invention of 2017 Awarded To AeroInhaler THC Infused Inhaler

The world's only cannabis live resin, terpene-infused Aerosol Inhaler, the AeroInhaler, was recognized as 2017's "Invention of the Year" at Colorado's annual Cannabis Business Awards.

COLORADO: The world’s only cannabis live resin, terpene-infused Aerosol Inhaler, the AeroInhaler, was recognized as 2017′s “Invention of the Year” at Colorado’s annual Cannabis Business Awards. Released in September by Colorado’s Revered Inc., the AeroInhaler‘s sublingual delivery system has quickly revolutionized Colorado’s cannabis industry. The AeroInhaler uses THC distillate and cannabis-derived terpenes to develop flavors like Grape Ape, Super Silver Flo, Sour Diesel, 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…

Honest Herbal Defends Against Alba’s The Honest Company

Honest Herbal fights back

COLORADO: The manufacturer of full spectrum CBD hemp products — Honest Herbal — is defending its right to describe its products as “Honest.”  On September 26, 2017, The Honest Company (THC) filed a trademark lawsuit claiming that Honest Herbal could not use the word “Honest” to describe its CBD Hemp products.  Through a press release, Honest Herbal Read the full article…

Green Dot Labs Announces Strategic Partnership With Tuatara Capital

Green Dot Labs Announces Strategic Partnership With Tuatara Capital

COLORADO: Green Dot Labs, a Boulder, Colo.-based producer of fine cannabis extracts, announced today the closing of its Series A round with a $3.3 million lead investment from Tuatara Capital. “To date, Green Dot Labs has focused on developing quality-driven indoor cultivation and extraction methodologies and delivering high-end products to the Colorado market. Tuatara shares our commitment to producing quality cannabis products as Read the full article…

incredibles, Colorado’s Top-Selling Cannabis Edibles Brand, Goes National

Already in Dispensaries in Colorado, California and Nevada, incredibles Products Will Soon be Available in Oregon, Illinois, Arizona, Michigan and Puerto Rico - With More Ambitious Growth Planned for 2018

COLORADO: The same cannabis-infused edibles team that has created and propelled the incredibles cannabis brands (manufactured by Medically Correct, LLC. in Colorado) to the top-selling position in Colorado’s recreational marijuana market, will soon be available in multiple markets throughout the United States via strategic licensing deals via IP holding company, MC Brands, LLC. incredibles’ innovative products became Colorado’s No. 1 edibles brand on the strength of the incredibles brands’ handcrafted chocolates, gummies Read the full article…

Pharmacist Launches New CBD Company, Honest Herbal; Takes Top Honors in DOPE Competition

Kristy Redmon, Honest Herbal president, founder and a registered pharmacist, announced that the company is the recipient of two awards

COLORADO: Kristy Redmon, Honest Herbal president, founder and a registered pharmacist, announced that the company is the recipient of two DOPE Cup Colorado awards. The full-spectrum CBD hemp company placed first in the Best CBD Edible category for its capsules and took second place for Best Transdermal Cream. “We were thrilled to have our products recognized in the Read the full article…