Tag Archives: Compliance

Series B Round

Leading Cannabis Compliance Company Simplifya Closes $3 Million Series B Funding Round

Leading Cannabis Compliance Company Simplifya Closes $3 Million Series B Funding Round

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.

BioTrackTHC

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.

Kate Brown and Federal Marijuana Policy and Oregon Liquor Control Commission

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

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

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 the Cannabis Cultivator or Manufacturer

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.

Cannabis Cultivation Insights

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

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.

CannaRegs MassRoots High Times Odava compliance software

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.

CannaRegs MassRoots High Times Odava compliance software

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 Inc CEO Talks Company's Desire To Be 'Amazon Of Weed'

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.

CannaRegs MassRoots High Times Odava compliance software

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.

Cannabis Standards: FOCUS and ASTM Joining Forces to Drive Standardization

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

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.

Standards Go Global: ASTM Forming Cannabis Committee

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.

4 Pitfalls to Avoid in Your Cannabis Career

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.

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: 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

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.

MJIN_CCBE

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.

Physical Security

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).

Humboldt's Finest

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-leafly-640x640

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?

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.

Hoban & Feola

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.

Shelter from the Storm: Ninth Circuit Provides Shield for MMJ Businesses

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.

Progressive Edibles Executives: Keep Up with the Feds

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.

Viridian Capital

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.


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