Recently, CBE has focused its company stories on large licensee consolidators primarily due the public funding efforts of many of them. We recognize that the licensed marketplace is still, for the large part, composed of smaller start-ups that are serving patients in their respective markets and wanted to share the story of Charm City Medicus, […]
METRC
Metrc, A Cannabis Regulatory Track-and-Trace Solution, Secures $50 Million for Growth Funding
PRESS RELEASE Tiger Global, Casa Verde Capital back the leading cannabis track-and-trace system October 24, 2018 (Lakeland, FL) – Metrc announced today that it closed a $50 million funding round led by Tiger Global Management and Casa Verde Capital. Metrc develops supply chain driven track-and-trace systems, built as a turnkey solution for cannabis regulators. Designed […]
Beware of Bad Actors: Vet Your Consultants
When it comes to launching a cannabis business in 2018, there are a million things you need to factor in to even get a license, let alone launch a successful operation. Whether you’ve been in the industry for six months or six years, a consultant is a popular approach to navigating the newly implemented rules […]
California Seed-to-Sale Contract: Holy Cow!
A couple of weeks ago, CBE published Seed-to-Sale Scorecard: METRC’s Big Year. But at the time, we had yet to put our hands on the contract, that in our eyes, has put Franwell so far ahead of the pack in terms of revenue and working capital, that catching-up will be extremely difficult for the only other state […]
Colorado Awards Historic Marijuana Transporter Licenses to Green Parcel Service (GPS)
PRESS RELEASE GPS is the first company in Colorado to receive both medical and retail transporter licenses under state law; licenses allow GPS to provide logistics, handle distribution, and store marijuana and marijuana products Colorado transporter licenses are believed to be the first independent cannabis distribution licenses in the U.S. DENVER, CO – Green Parcel […]
Seed-to-Sale Competition Heated-up in 2015. Expect it to Intensify This Year
As we moved into the New Year, one thing was abundantly clear. The competition for the hearts and minds of Producer, Processor and Retail (PPRs) licensees seed-to-sale software and state trace-ability systems which was very competitive in 2015, was shaping up to become a no holds barred melee in 2016 between BioTrackTHC, Franwell METRC and […]
