The young, Denver-based company plans to use the funds to expand into other legal marijuana markets.
Cannabis
Welcome to Business Den’s cannabis coverage, your one-stop shop for the latest news and stories about the cannabis industry in Denver. Our team of skilled writers and reporters are dedicated to bringing you the most up-to-date information on everything from local regulations and policy changes to new products and industry trends.
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Judge freezes $3M for alleged cannabis stock fraud
A federal judge approved a temporary freeze on a portion of the profits the SEC says a Denver businessman made while promoting a marijuana penny stock.
SEC sues Denver cannabis investor for alleged $7M fraud; touting stock while unloading millions of shares
The suit claims he spent the “ill-gotten” profits on a house in Snowmass, new cars and a piano.
Cannabis tour company gives pairing classes a sushi spin
Not to be outdone by ubiquitous wine and painting venues, the marijuana industry has been firing up classes of its own.
Cannabis greenhouse developer hit with $2M collections suit
A Denver firm that built a massive greenhouse has not paid back millions in loans, according to a recently filed lawsuit.
4/20gate: Event promoter demands permit back for Civic Center Park
Michael Ortiz claims in a lawsuit he filed against Denver that he won his coveted 4/20 permit for an event fair and square.
Marijuana dispensary makes it easy to see a grow
Green Solution has added a floor-to-ceiling window to show its 1,000-square-foot operation on Grape Street.
Cannabis consulting firm raises $14M ahead of Canada push
MJardin Investment has set its sights on the country’s northern neighbor as it prepares to legalize recreational marijuana.
Cannabis software firm lands $8M funding round
A Denver-based CRM company has cooked up a successful capital raise following an acquisition earlier this month.
Denver edible maker expands into health products
A locally based edible company known for its chocolates has added vitamins, herbs and CBD to mark its entry into the health market.