In the News
Why Cannabis Is Poised for Another Big Year
The cannabis industry grew substantially and the marijuana policy reform movement continued to gain steam in 2018. Any doubts about whether they have gone mainstream were eliminated, as traditionally conservative states like Oklahoma, Missouri, and Utah approved medical cannabis initiatives by solid margins. Momentum is building steadily heading into 2019, which could be another banner year for cannabis.
Simplifya Raises $3 Million to Fund Expansion of Web-Based Cannabis Compliance Tool
Simplifya, the leading developer of regulatory compliance software for the cannabis industry, announced Thursday it has secured $3 million in Series C funding, leaving open the possibility to raise an additional $2 million.
[Podcast] Cannabis Compliance Software & Regulations
Tune in to Episode 36 of the Lit & Lucid Podcast to hear from Jordan Wellington, Chief Compliance Officer with Simplifya. Learn more about Jordan’s extensive background in writing cannabis policy in Colorado’s early years of legalization. Most recently Jordan has started Simplifya, compliance software to help businesses work within the regulated industry. With Jordan’s extensive knowledge of the backend of cannabis regulations this episode is one you can’t miss!
Four Palm Springs area pot shops are among the first in California to get annual licenses
California cannabis regulators are starting to dole out annual licenses to sell marijuana – and a handful of local pot shops are among the first crop of licensees.
'Boring' Cannabis Investments Are Growing at Merida
Mitch Baruchowitz’s investment firm Merida in midtown Manhattan, has deployed $50M in capital to 17 cannabis-related companies in the last year and a half.
Business Ideas for Those Who Don't Want to 'Touch the Plant'
In the last few years, as states have begun to legalize medical and recreational cannabis at a rapid clip, the focus for traditional investors often has been on businesses intimately tied to the plant and its derivative products: cultivators, processors, distributors, and dispensaries.
California Pot Inspections Ramping Up
With the implementation of track-and-trace systems in the California cannabis industry expected to begin on June 1, state officials have started to get the ball rolling on enforcing the rules and regulations they developed over the last 17 months.