Mindful, with four dispensaries in Colorado, is predicted to double production and outlets this year.
Cannabis startup raises $3.9M
Marijuana
Medicine Man to open third cannabis shop in Commerce City
Andy Williams said Commerce City doesn’t have enough cannabis stores, so he’s going to open one under his Medicine Man brand.
Startup hopes to introduce home-grow device in 2017
Former college buddies Fred Lindseth and Jeremy Harlam have landed a $20,000 investment from Boulder accelerator CanopyBoulder to develop a mini-fridge-sized grow house that will feed and water plants so the grower doesn’t have to.
Cannabis Cup can’t make Pueblo work
High Times Magazine, rejected by Adams County, withdrew its Pueblo application because of a time crunch.
New lease on life for shuttered RiNo warehouse
It didn’t take long for a competitor to grab a RiNo warehouse after a marijuana supply company shut down last month.
‘Instagram of indica’ hungry for more investment
A social media website hailing itself as the “Instagram of indica” is setting its sights on $3 million in venture capital.
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.
