MainStem Closes Series B Investment Round At $2.175 Million Led By Merida Capital Partners

@goMainStem raises capital for expansion of #cannabis technology platform.

WASHINGTON: MainStem, a leading cannabis e-commerce technology company, announced that it has closed its Series B Investment round led by a Merida Capital Partners, a private equity fund. According to a company press release, MainStem intends to use the funds to expand the MainStem Affiliate (MAP) and the MainStem Vendor (MVP) programs including software development, sales and Read the full article…

PRØHBTD And Entrepreneur To Highlight ‘Top 100 Cannabis Leaders’

PROHBTD and Entrepreneur To Name Top 100 Cannabis Leaders

CALIFORNIA: Entrepreneur Media and PRØHBTD have forged an exclusive partnership to identify and salute the entrepreneurs leading the way in the burgeoning cannabis industry. Selected by a private committee of business leaders, these daring individuals and the companies they run will be highlighted in the inaugural “Top 100 Cannabis Leaders” list, which will be featured Read the full article…

The 280e Cannabis Conundrum

The legalized marijuana business is likely to hit $10 billion in 2015 alone.

By  Keith Richards  If you are in the Cannabis industry and are not already familiar with IRS Code section 280e, then you are likely going to face a rude awakening this tax season.  Even with all the noise about this issue, it is still surprising to find operators that are not paying attention to some basic Read the full article…