DENVER, Feb. 27, 2018 /Weed Wire/ — Simplifya, the developer of the nation’s leading cannabis industry compliance software, announced Thursday it has closed a $3 million Series B round of funding. It was led by a $1 million investment from Merida Capital Partners, a private equity fund that targets fundamental growth drivers underpinning the rapid development of the cannabis industry.
Tag Archives: Compliance
North Dakota Awards Medical Marijuana Seed-to-Sale Tracking Contract to BioTrackTHC
FORT LAUDERDALE, Fla., Feb. 15, 2018 /Weed Wire/ – The North Dakota Department of Health, the government agency responsible for implementing the state’s voter-approved medical marijuana program, has awarded the contract to BioTrackTHC to develop and implement the state’s medical marijuana seed-to-sale traceability system.
Secretary of State Dennis Richardson Releases Audit of the Oregon Liquor Control Commission
SALEM, Ore., Feb. 7, 2018 /Weed Wire/ — Today, Secretary of State Dennis Richardson released an audit of The Oregon Liquor Control Commission (OLCC). The audit titled: Cannabis Information Systems Properly Functioning but Monitoring and Security Enhancements are Needed found that OLCC has taken positive steps to establish information systems for recreational marijuana regulation.
Marijuana Businesses Are Legal — But Near Impossible to Open in San Diego
San Diego now has 13 stores with licenses to sell recreational and medical marijuana. That’s more than most cities in California. But it’s nowhere near what some say is necessary to meet the city’s demand for marijuana.
Michigan Agencies Increase Medical Marijuana Law Enforcement
Law enforcement agencies across Michigan are using excess state revenue from medical marijuana patient and caregiver fees to boost enforcement efforts as the state prepares to license dispensaries and pot businesses in certain communities under a new regulatory system.
California Tax Help for Cannabis Industry Distributors
A video for California distribution businesses, one of three in a series by the California Department of Tax and Fee Administration, to help distributors learn about their tax responsibilities.
California Tax Help for the Cannabis Cultivator or Manufacturer
A video for California cultivation and manufacturing businesses, one of three in a series by the California Department of Tax and Fee Administration, to help cultivators and manufacturers learn about their tax responsibilities.
Marijuana Point-of-Sale Technology Designed to Ensure Owner Compliance
Medicinal marijuana stores are finally beginning to open after Maryland legalized the substance in 2013, and a California-based company is helping make that transition smoother.
New Frontier Data Partners with Simplifya
WASHINGTON, Nov. 13, 2017 /Weed Wire/ — New Frontier Data, the leading provider of data, analytics and business intelligence in the cannabis industry, has partnered with Simplifya, a recently launched cannabis legal compliance software solution provider, offering one of the most technologically sophisticated platforms to enter the industry yet.
Eventbrite Is Pulling Some Cannabis Events From Its Site
For the past two years, Michael Zaytsev has sold tickets to the New York Cannabis Film Festival on Eventbrite. But this year, Eventbrite abruptly pulled the event from its platform and suspended Zaytsev’s account.
State Marijuana License Board May Vote on Future of Dispensaries Today
A state marijuana licensing board could decide today whether marijuana dispensaries in Michigan should get to stay open.
Help Oppose Efforts Making Voter Initiatives Harder in Arizona
PHOENIX, Ariz., Aug. 28, 2017 /Weed Wire/ — Arizona’s constitution gives voters the right to initiate and decide ballot initiatives. Unfortunately, the ballot initiative process is under attack from politicians.
Cal Can Biz Expo Interview: MJIC and Speedweed’s A.J. Gentile
In this Cal Can Biz Expo interview, watch Kristen Fox, Editor-in-Chief of MJINews.com and Marijuana Industry News magazine, interview A.J. Gentile, CEO of Speedweed.
4 Ways to Position Your Dispensary for Success
What can you do to make sure you’re poised for success in this unpredictable, highly competitive industry? Here are four tried-and-true practices that you can apply to your dispensary in any state.
MassRoots Focuses Business Model on Compliance Software for the Regulated Cannabis Industry
DENVER, Aug. 3, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT) is pleased to announce that the point-of-sale and compliance software platform it is acquiring and is expected to fully close on August 5, 2017, previously known as Odava, has been re-branded as MassRoots Retail.
Cal Can Biz Expo Interview: MJIC’s Larry Horwitz
In this Cal Can Biz Expo interview, watch Kristen Fox, Editor-in-Chief of MJINews.com and Marijuana Industry News magazine, interview Larry Horwitz, Chief Counsel for MJIC.
MassRoots Closes Acquisition of Odava, a Leading Compliance Technology Platform
DENVER, July 14, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT) is pleased to announce it has closed the acquisition of Odava, Inc., a leading compliance and point-of-sale system for the cannabis industry, for cash and common stock consideration, as fully detailed in our Current Report on Form 8-K filing, dated July 14, 2017.
Beyond The Marijuana Index: MJIC CEO Talks Company’s Desire To Be ‘Amazon Of Weed’
MJIC Inc., the company behind the much-discussed Marijuana Index*, tracks U.S. and Canada-traded weed stocks and has been used as the base for the main cannabis ETFs out there. However, the media seems to have emphasized only one of the company’s multiple business segments.
MassRoots Acquires Odava, a Leading Compliance Platform for the Cannabis Industry
DENVER, July 6, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB: MSRT) and Odava, Inc., a leading regulatory compliance platform for the cannabis industry, have executed a Definitive Agreement for MassRoots to acquire Odava for cash and shares of MassRoots’ common stock.
This Recent Bank Development Could Signal Danger for Marijuana Stocks
One decision by a major bank could mean trouble in the not-too-distant future for marijuana stocks.
Cannabis Standards: FOCUS and ASTM Joining Forces to Drive Standardization
On June 12, 2017, ASTM International, an international voluntary consensus standards organization, announced that it had signed a Memorandum of Understanding with the Foundation of Cannabis Unified Standards, indicating that the two organizations will collaborate in developing cannabis standards for the legal cannabis industry.
Foundation of Cannabis Unified Standards and ASTM International Sign MOU on Cannabis Standards
W. CONSHOHOCKEN, Penn., June 12, 2017 /Weed Wire/ — Yesterday, global standards organization ASTM International and the Foundation of Cannabis Unified Standards (FOCUS) announced a Memorandum of Understanding to work together to address standardization needs for the cannabis industry.
Humboldt County Pesticide Training for Cannabis Cultivators
EUREKA, Calif., May 10, 2017 /Weed Wire/ — On May 31 the Agricultural Commissioner’s Office and the California Department of Pesticide Regulation will offer pesticide use compliance training for the commercial cannabis cultivation industry.
Standards Go Global: ASTM Forming Cannabis Committee
On April 25, 2017, ASTM International, an international voluntary consensus standards organization, announced that its board of directors had approved the formation of a cannabis committee, signaling the professional development of global standards for the legal cannabis industry.
Dirt to Dispensary: Sonoma County Hosting Cannabis Workshops
Sonoma County, California, is taking a proactive step to help local medical cannabis stakeholders get up to speed on county requirements for zoning, permitting and compliance across the supply chain.
4 Pitfalls to Avoid in Your Cannabis Career
When it comes to the cannabis industry, it’s difficult to even find an accurate comparison in business. Every business in this industry is effectively a startup in addition to the fact that we’re in one of the newest and fastest growing industries in the world; that makes it like a startup on steroids. To say it’s unpredictable and risky is an understatement.
World of Cannabis Interview: Stratos’ Bradley Orr
In this World of Cannabis Interview, watch Caroline Cahill, Managing Editor of http://www.MJINews.com and Marijuana Industry News magazine, interview Bradley Orr, CEO of Stratos.
First US Drive-Through Marijuana Store to Open in Colorado Today
The first U.S. drive-through marijuana dispensary, The Tumbleweed Express Drive-Thru, is set to open on Thursday in a small town in Colorado.
Curbelo, Blumenauer Introduce Bill to Treat Legal Marijuana Businesses Fairly Under Tax Code
WASHINGTON, April 5, 2017 /Weed Wire/ — Today, Representatives Carlos Curbelo (FL–26) and Earl Blumenauer (OR–3) introduced the Small Business Tax Equity Act of 2017, H.R. 1810.
Wyden, Blumenauer Announce Bipartisan Path to Marijuana Reform
WASHINGTON, March 30, 2017 /Weed Wire/ — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., along with senior member of the House Ways and Means Committee Representative Earl Blumenauer, D-Ore., today introduced three pieces of legislation to preserve the integrity of state marijuana laws and provide a path for responsible federal legalization and regulation of the marijuana industry.
World of Cannabis Interview: CannaMergers’ Kevin Sutherland
In this World of Cannabis Interview, watch Caroline Cahill, Managing Editor of MJINews.com and Marijuana Industry News magazine, interview Kevin Sutherland, CEO of Canna Mergers.
World of Cannabis: Acquisitions and Mergers
Buying, selling or investing in any business requires proper due diligence. In the cannabis industry – you need to take extra steps. Hear Kevin Sutherland, CEO of Canna Mergers, and Paul Shively, a compliance expert, discuss the diligence you need to perform as you invest in the legal cannabis industry.
The Devil in the Details: Silvia San Nicolas on Cannabis Compliance
When it comes to the legal marijuana industry, the devil is in the details; and nothing is more devilish, or more onerous, than complying with the intricate rules and regulations imposed upon the industry.
Impending Implementation of California’s 2018 Business-critical Cannabis Regulations to be Addressed at Upcoming San Diego Cannabis Business Expo
LOS ANGELES, Calif., Feb. 21, 2017—MJIC, Inc., the leading provider of cannabis regulatory compliance solutions and services, media, investor capital and supply chain distribution, announced today that it expects to sell out for its upcoming third annual Cannabis Business Expo, March 5 – 8 in San Diego, California.
Statement from Health Canada on the Testing of Cannabis for Medical Purposes for Unauthorized Pest Control Products
OTTAWA, Ontario, Feb. 7, 2017 /Weed Wire/ — Recently, two licensed producers of cannabis for medical purposes undertook voluntary recalls of cannabis products that contained low levels of prohibited pest control products (myclobutanil/bifenazate/pyrethrins).
Maryland Names Recipients of Dispensary Licenses
On Dec. 9, 2016, the Natalie M. LaPrade Maryland Medical Cannabis Commission named the 102 recipients of Stage One dispensary license pre-approvals, concluding the state’s application process for growers, processors and dispensaries.
Humboldt’s Finest Launches as America’s Craft Cannabis Brand Leading the Way in Sustainable Cultivation
HUMBOLDT, Calif., Dec. 6, 2016 /Weed Wire/ — A collective of Humboldt County, California cannabis farms have announced an alliance to create America’s craft cannabis brand: Humboldt’s Finest.
Green Bits and Leafly Partner to Help Cannabis Business Owners Provide Better Information to Patients and Consumers
SAN JOSE, Calif., Dec. 5, 2016 /Weed Wire/ — Green Bits, the painless point-of-sale (POS) for cannabis retailers and dispensaries, has partnered with Leafly, the world’s largest cannabis information resource, to provide legal cannabis business owners an easier way to provide patients and consumers up-to-date menu information to help them choose the right product.
Does the Marijuana World Need Another Magazine?
The short answer to the headline question is yes, the marijuana world does need another magazine and it needs this one. Although I’m not paid by the word, the inaugural issue of Marijuana Industry News magazine deserves better than a one-word defense, so here it is.
How to Open a Bank Account for Your Cannabis Business
To help you get started, this guide will provide the basics on how to open a bank account for your cannabis business.
Hoban Law Group and Tokken Announce Partnership in Providing Regulatory Compliance Accessibility to the Cannabis Industry
DENVER, Nov. 15, 2016 /Weed Wire/ — Hoban Law Group, the nation’s premier cannabusiness law firm, and Tokken, announce a collaboration to assist marijuana businesses, ancillary enterprises, and financial institutions with regulatory hurdles in the cannabis industry.
Boulder Business Fined Total of $14K for Marijuana Odor
A marijuana cultivation facility in Boulder, Colorado, has been fined $10,000 by the city for violating a local odor ordinance.
Shelter from the Storm: Ninth Circuit Provides Shield for MMJ Businesses
Last month, the U.S. Court of Appeals for the Ninth Circuit in San Francisco issued an opinion in United States v. McIntosh that essentially eviscerates the power of the federal government to prosecute cannabis businesses that strictly comply with state medical marijuana laws.
HISIERRA™ Earth Friendly / Kid Safe Packaging Pre-Approved by Oregon OLCC
PORTLAND, Ore., Sept. 2, 2016 /Weed Wire/ — HISIERRA™ Renewable Sustainable Child Resistant Packaging is pleased to announce HISIERRA™ is Pre-Approved by the Oregon OLCC for immediate use.
OLCC Starts New Application Process for Packaging & Labeling Affects BOTH Medical and Recreational Marijuana
PORTLAND, Ore., Aug. 1, 2016 /Weed Wire/ — The Oregon Liquor Control Commission will release its new online packaging and labeling application tomorrow.
MJIC Inc. Taps Cannabis Compliance Expert Paul Shively to Lead MJIC Compliance
LOS ANGELES, June 28, 2016 /Weed Wire/ — MJIC Inc. has hired Paul Shively, founder of Paul Shively and Associates, the legal cannabis industry’s leading corporate compliance firm to lead MJIC Compliance.
Willie Nelson Wants You to Work for His New Marijuana Company
If you’ve ever dreamt of saying the words, “I just applied for Willie Nelson’s weed company,” your dreams are about to become a reality.
Progressive Edibles Executives: Keep Up with the Feds
While the demand for edibles continues to rise, so too do the expectations for producers to follow good manufacturing practices and food safety plans consistent with federal requirements.
Industry Veterans Launch Americanna
BOULDER, Colo., May 11, 2016 /Weed Wire/ — Longtime cannabis entrepreneurs Dan Anglin and Frank Falconer today announce Americanna, the first gummy in Colorado to meet the state’s strict standards for edible cannabis products.
Viridian Announces Two More Presenting Companies for Florida Cannabis Investment Conference
NEW YORK, May 10, 2016 /Weed Wire/ — Viridian Capital Advisors is pleased to announce two additional companies selected to present at our Florida cannabis investment conference on June 8, 2016 at the Westin Fort Lauderdale Hotel.