SAN FRANCISCO–(BUSINESS WIRE)–PAX Labs, Inc. has announced the appointment of Michael Murphy as the company’s president and CEO. Murphy brings more than 35 years of professional experience in providing improved operational and financial consulting services to CPG and technology companies. Prior to joining PAX, he was a Managing Director for international consulting firm AlixPartners and […]
Ancillary Businesses
Marijuana delivery giant Eaze may go up in smoke
The Uber of pot is almost out of cash The first cannabis startup to raise big money in Silicon Valley is in danger of burning out. TechCrunch has learned that pot delivery middleman Eaze has seen unannounced layoffs, and its depleted cash reserves threaten its ability to make payroll or settle its AWS bill. Eaze […]
Hightimes Holding, other consumer cannabis publishers may be shutting down
The cannabis industry may be booming, but publishers looking to cash in keep going up in smoke. Hightimes Holding, which publishes the 45-year-old High Times magazine, warned shareholders in its latest SEC filing that it may not be able to continue operations. “Because of recurring operating losses, net operating cash flow deficits, and an accumulated […]
B2B Content Marketing for the Cannabis Industry: 7 Mistakes to Avoid
Cannabis business license holders need a wide variety of products, and services to operate, and there are a growing number of companies that meet those needs either by selling exclusively to cannabis businesses or by expanding into the cannabis industry. The reason so many companies are jumping into the cannabis industry is because it holds […]
Marketing a Cannabis Company for Sale, Part 4
Part 4: Confirm Deal Terms In the series “Marketing a Cannabis Company for Sale,” Dena Jalbert, walks through the nuances and intricacies involved in preparing a business for sale in the cannabis industry. This article, “Part 4: Confirm Deal Terms,” is part four of a five-part series. At this point in the process of marketing your […]
Helix TCS Acquires Amercanex International Exchange
PRESS RELEASE Greenwood Village, CO (February 5, 2019) – Helix TCS, Inc. (OTCQB: HLIX) has acquired Amercanex International Exchange, one of the first and most influential cannabis electronic trading platforms in the legal cannabis industry. The acquisition provides Helix with a sophisticated Electronic Communications Network (ECN) that can integrate blockchain technology to facilitate real-time transactions of […]
Marketing a Cannabis Company for Sale, Part 2
Step 2: Put Your Team in Place In the series “Marketing a Cannabis Company for Sale,” Dena Jalbert walks through the nuances and intricacies involved in preparing a business for sale in the cannabis industry. This article, “Step 2: Put Your Team in Place,” is part two of a five-part series. After mapping out your strategy […]
2018 CBE Ancillary Business 155: The Year of Brand Building Tools
Welcome to the 2018 version of The CBE Ancillary Business (AB) list (CBE’s 3rd AB List) where we identify top suppliers to the Cannabis Industry to help regulated licensees decide who to invite to the request for proposal process when they are looking for a specific solution set. Once again companies, the majority of whom […]
Nexus Greenhouse and Rough Brothers, Inc. Appoint Canadian Sales Manager
PRESS RELEASE Announcing the addition of Alex de Leon as the new Canadian Sales Manager for Nexus and RBI Greenhouses. Alex brings a wealth of knowledge and experience having spent the last 16 years working in the greenhouse and food industries. Alex’s previous employment with Hoogendoorn America, Form Flex/Viscon, Kraft/Heinz and Procter Gamble in both […]
Leader of the Pack: Vicente Sederberg
Well before most of us in the industry got our footing, Brian Vicente, a lawyer, who had clerked under/for outspoken social critic, Senior U.S. District Judge John L. Kane, founded Sensible Colorado (with grant money from the Marijuana Policy Project) with his friend and future partner at Vicente Sederberg (VS), Josh Kappel in the organization’s […]
Cannabis Industry Slow Rollouts and Consolidations to Drive Ancillary Partnerships, M&A
By: Zachary Venegas Analysts have predicted upwards of 20,000 business licenses and a potentially $21+ billion market in California alone by 2021. The massive growth implicit in such projections seems a far cry from the operating tempo of the legal industry’s current rollout. Even so, examining other states that have implemented medical and adult-use cannabis […]
The Man Who Just Wants to Build Things: Ben Curren and Green Bits
By Rob Meagher What has been interesting to follow about the cannabis industry is the qualifications and experience that industry leaders bring to the table while chronicling the evolution of their companies and sharing it with CBE’s readers. Let’s face it, nothing ever happens until individuals have an idea and then put the wheels into motion […]
Pipp Horticulture Acquires Greenhaus Industries
PRESS RELEASE The partnership has positioned Pipp Horticulture to be the industry leader in vertical farming solutions Walker, Michigan – May 21, 2018 – Pipp Horticulture (a division of Pipp Mobile Storage Systems, Inc.), a leading provider of space-saving, multi-level mobile cultivation systems, announced today that it has acquired Greenhaus Industries Inc. (“Greenhaus”), an innovator […]
Kush Bottles Partners with MainStem for Launch of the MainStem Vendor Program (MVP)
PRESS RELEASE Collaboration will allow MainStem’s customer base to purchase Kush Bottles products through MainStem’s multiple sales channel marketplace. SANTA ANA, Calif., May XX, 2018 – Kush Bottles, Inc. (OTCQB: KSHB) (“Kush Bottles” or the “Company”), a leading provider of packaging, supplies, vaporizers, accessories and branding solutions for the regulated cannabis industry, announced today it has partnered with MainStem, a technology-based […]
Powering The Cannabis Industry: Kush Bottles
A lot of slogans come to mind when I think about Nick Kovacevich and Kush Bottles (KB), particularly “You’ve come a long way baby” or “I would rather fight than quit”. But until CBE interviewed him to catch-up after the story we wrote about the upstart cannabis packaging company three years ago (Torn ACL, Basketball’s loss, […]
NACB Addresses Widening Trust Gap in U.S. Cannabis With New Program That Evaluates Ancillary Products and Services Companies
PRESS RELEASE NACB Blue Ribbon Affiliates Will Be Required To Pass An Intensive Vetting Process, Helping Cannabis License Holders, Investors and Financial Institutions Identify Trustworthy Partners WASHINGTON, DC and DENVER (March 28, 2018) – The National Association of Cannabis Businesses (NACB), the first and only self-regulatory organization (SRO) for U.S. licensed cannabis businesses, has announced […]
The Murky Issue of Publicly Traded Cannabis Companies Continues Raising Investor Chatter
As a firm specializing in business advisory and corporate legal services for the cannabis industry, it is hard to ignore the regular calls from clients and prospective clients seeking clarity about publicly traded companies and cannabis. It remains to be seen as to whether or not publicly traded companies are a mainstay in the cannabis […]
Cannabis Startups Can Learn from the Dot.Com Past
The pressure is always on. In Silicon Valley, we’re accustomed to tech startups moving at the speed of light to get their innovative products to market. All while fending off tough competition, being careful with their capital and acting nimbly to meet and exceed expectations. Now, many businesses in a fledgling California industry—cannabis businesses—are running fast out […]
