A social media website hailing itself as the “Instagram of indica” is setting its sights on $3 million in venture capital.
‘Instagram of indica’ hungry for more investment
Marijuana
RiNo cannabis supply warehouse shuts abruptly
Four months after being purchased by a New York agribusiness company, RiNo’s Grow Big Supply has gone dark. Grow Big, which sold gardening supplies such as dirt and hydroponic systems used to cultivate marijuana, announced it was closing its 50,000-square-foot retail store, at 4501 Wynkoop St. near the National Western Complex, in a Feb. 9 Facebook… Read more »
Cannabis software startup lands $1.5 mil
Denver-based Flowhub, which designs software and hardware for growers to wirelessly monitor their cannabis plants, just raised $1.6 million, according to SEC documents filed on Feb. 17.
Facebook burns cannabis companies
The social media giant, which has been closing pages for dispensaries nationwide in the last few weeks, has shut down the pages of at least two Colorado cannabis stores.
Cannabis sales rose 40% to almost $1 billion last year
In its first full fiscal year post-legalization, the cannabis industry reached nearly $1 billion in sales and gained $88 million in taxes for the state.
Nev. pot lab plants roots in Denver
Working to get its foot in the door before a change in state marijuana testing laws, a company with a Las Vegas facility is planning a $1 million lab to check for pesticides in medical marijuana.
Breathalyzer firm’s new CEO turns focus to pot testing
A Wheat Ridge company has a new president and CEO, who said much of this year will be devoted to the development of a reliable breathalyzer test for marijuana.
Pot breeder outgrows seed operation
With plans for a large grow operation and storefront, a veteran cannabis breeder is expanding into new parts of the pot business and hoping to reach markets nationwide.
Broker dives into business side of pot
With the marijuana industry’s moving-target regulations, a former developer has built a new business on brokering the deals of Denver’s cannabis companies.
Cannabis company eyes East Coast expansion
About halfway through a planned $10 million capital raise, an established marijuana seller is hoping to get in as one of Maryland’s first medical marijuana dispensaries.