Berkeley Marijuana Lab Raising Millions For U.S., Overseas Expansion

Steep Hill Announces $5M Limited Stock Offering

CALIFORNIA: Berkeley-based Steep Hill Labs Inc. is raising $5 million to expand into two states and Jamaica this year as well as pursue innovations in its testing equipment and genetics-related products. Steep Hill, which employs 30 people, generated $1.2 million in revenue in 2014 and has raised $4 million since its founding in 2008. The company Read the full article…

The Marijuana Industry's Latest 'It Product': 'Dabs'

The July 2013 cover of High Times featured dabs, a concentrated form of marijuana

CALIFORNIA: It’s become a daily occurrence. Customers visit Hugs Alternative Care, a medical-marijuana dispensary in Sacramento, Calif., and ask for “dabs.” They are referring to butane hash oil, an especially potent form of marijuana, also known as “honey,” “honey oil,” “wax” or “earwax” because of its sticky, amber-colored appearance.