Prior to recreational cannabis legalization in California, unlicensed cannabis companies proliferated under a system that didn’t require state licenses to operate medical cannabis businesses; however, the opportunity for those operating under the guise of legality is over in California and a popular cannabis dispensary and strain review website is erring on the side of caution.
Tag Archives: Leafly
SEATTLE, Jan. 25, 2018 /Weed Wire/ – Privateer Holdings, the world’s leading private equity firm investing exclusively in legal cannabis, today announced the completion of its Series C funding round and a pledge from the firm’s founders to donate equity equivalent to $5 million at the firm’s current valuation to help communities harmed by cannabis prohibition.
SEATTLE, April 4, 2017 /Weed Wire/ – Leafly, the world’s cannabis information resource, is reviving its smash-hit 2016 comedy tour for one night only to celebrate the biggest unofficial holiday in cannabis culture: 4/20. On April 20, 2017, comedians Damon Wayans Jr., Nikki Glaser, and Pete Holmes will headline four West Coast shows in Seattle, San Francisco, and Los Angeles.
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.
On Nov. 4, 2016, Privateer Holdings, a Seattle-based private equity firm focused on the legal cannabis industry, announced that it has closed $40 million in convertible bridge funding, the first part of a future $100 million Series C equity round.
SEATTLE, Nov. 4, 2016 /Weed Wire/ — Privateer Holdings, the world’s first private equity firm to invest exclusively in legal cannabis, today announced that the company has closed an additional $40 million in convertible bridge financing.
In this highlight clip, founder of Massroots Isaac Dietrich, discusses the digital advertising landscape of cannabis and how his company can grow and become bigger than competitors like Leafly and Weedmaps.
For those who want to legally grow huge amounts of cannabis in Austria, business is booming — but not yet blooming. The Austrian Narcotics Act prohibits the cultivation of cannabis only for the purpose of obtaining narcotics, and THC can be obtained only from cannabis flower. But if you promise your intent isn’t for consumption…
On Dec. 4, 2015, Bloomberg’s Britton Staniar and Peter Robison interviewed Brendan Kennedy, CEO of Privateer Holdings, a private equity firm focused on the legal cannabis industry, in Seattle to discuss Privateer’s investments in cannabis-related businesses.
Last weekend, for the second year in a row, an organization called Team Cannabis had a very large presence at AIDS Walk San Francisco. Interestingly enough, it hadn’t always been that way. The recent AIDS Walk, then, was a reunion of sorts for the medicinal cannabis and the AIDS communities.
Washington, D.C. – At first glance, the ComfyTree Cannabis Expo held Saturday, February 28, 2015, at the Holiday Inn Washington-Capitol Hotel in Southwest appeared to be a typical Washington, D.C., conference.
The state of the cannabis industry is an interesting one. Although millions of dollars are legally being generated, the industry is still competing with the public’s renegade outlaw perception of cannabis.
Private equity (PE) firms in the United States are primarily known for making financial investments in private companies that need a long holding period for funds. This is often done for new technologies, making acquisitions or to expand a balance sheet.
Well, it was bound to happen eventually. If you have ever smoked cannabis, then you have probably heard of and listened to the legendary reggae singer Bob Marley.
With recent passage of legislation around the country legalizing the production, sell and possession of marijuana – medical and recreational – the business is booming.
As a marijuana resource site, Leafly allows users to review strains of marijuana; part of the review process allows users to select medical conditions and symptoms they believe a strain can treat, as well as allowing them to add their own medical conditions and symptoms they believe are treatable with specific strains.
If the cannabis industry wants to survive without creating a “Big Pot” sort of lobby to which comparisons to tobacco may be drawn, then they better stop taking it so seriously, and start presenting the drug at face value for what it is: a recreational drug.
Since New York passed the Compassionate Care Act, there’s been a lot of buzz surrounding the state and its upcoming medical cannabis program and the benefits of medicinal marijuana.
After perusing our debut State of the Leaf cannabis infographic, you may have pondered which state in the US has the highest concentration of cannabis consumers. You’re not alone if you guessed Washington or Colorado, the only two states legally selling recreational cannabis, but you would be wrong.
Advertising is a billion-dollar industry. Whether it’s on television, the internet or a billboard on the road; advertising is everywhere. Marijuana also is a billion-dollar industry. Despite being legal either for medical or recreational purposes in less than half of the United States (23 states), marijuana has become a booming industry.
Leafly, a company perhaps most readily explained as “Yelp for weed,” will run a full-page ad in tomorrow’s New York Times.
It seems that since the start of the information age, which also roughly coincides with the release of Dr. Dre’s “The Chronic” album, marijuana has been inching towards acceptance and legalization. The cultural acceptance of the plant is moving faster than legalization, but unless there is an unprecedented federal backlash, laws will further relax and legalization will become more widespread.