As 2023 comes to an end, it is only natural to reflect on what happened in the markets we cover. But when it comes to cannabis, the answer is “not much,” which won’t help cannabis startups that are already facing a...
Carbon Robotics CEO Paul Mikesell with the company’s weed-zapping robot. (Carbon Robotics Photo)
Carbon Robotics, makers of a weed-zapping machine powered by artificial intelligence and computer vision technology, has raised...
A killer traction slide needs as much favorable customer and market data as you can gather, such as recurring revenue, customer acquisition cost and conversion rates.
It’s your first opportunity to show off and build investor...
How far has the psychedelics medicines industry come over the past 12 months? Well, it depends on where you look.
If you look at the stock market, the view isn’t very good: The charts are all down and in the red, and all...
Jane Technologies today announced the launch of its new point-of-sale (POS) platform that it says will improve the overall cannabis shopping experience with reliable online listings and in-store curated shopping recommendations.
Everyone...
Cannabis startups have to navigate some rough waters: They can’t access federal funds or work with traditional banks, and they have to find customers across a fragmented market while adhering to local laws. But at least...
Bearish markets and high interest rates often cause private investors to turn away from anything resembling a risky investment. Yet, now is a very apt time to take another look at the cannabis opportunity in the U.S.
Quite...
Germany’s government created quite a buzz when it announced that recreational cannabis would be legalized during the current term. Does this mean that we’ll see recreational use of cannabis for adults becoming a common...
Meadow, a leader in building tools for cannabis dispensaries, is expanding out of California. Since its founding in 2014, the company has focused its efforts on its home state, but recently partnered with Michigan-based Wellflower.
The...
Ross Lipson co-founded Dutchie in 2017 and has since led the company to a multibillion-dollar valuation on top of raising $600 million. Now, in 2022, Dutchie is expanding its offering, and is quickly becoming the market leader...
Pistil Data, a cannabis market intelligence platform, has closed a $6.5 million seed round led by Snoop Dogg’s Casa Verde. The funding round included participation from JW Partners and other entrepreneurs. Pistil Data makes...
Cannabis is now legal in a number of U.S. states, but because it isn’t federally legal, this “legal” status only does so much for cannabis businesses. While dispensaries can sell cannabis products legally in many states,...
The cannabis industry is doing very well in the United States: More than 75% of the population lives in a state where access is permitted, and the legal market is expected to generate $33 billion this year.
A black market...
“Like a pressure cooker, COVID blew the lid off what was a simmering mental health crisis for over a decade,” VC Tim Schlidt told TechCrunch.
According to the World Health Organization, the global prevalence of anxiety...
Cann, a THC beverage company marketing itself as a fun alternative to alcohol, is bulking up on funding as it brings the product into Canada — its first international market expansion.
The startup announced Tuesday that...
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Cannabis, sex tech...
As the cannabis markets are maturing, we’re seeing new opportunities rise to the surface. JourneyOne Ventures told TechCrunch it’s completed the first close of a $10 million fund and has started making its first investments....
(Bright.md Image)
Portland, Ore.-based startup Bright.md officially closed a $16.7 million investment round for its AI-powered virtual healthcare service. GeekWire previously reported on the initial Series C funding in March.
Founded...
Cannabis companies face unprecedented headwinds. Yet these companies are building businesses in a tough market plagued by myriad challenges, from banking prohibitions to ever-changing regulations. One such startup, Lucid...
Calvin Broadus, a.k.a. Snoop Dogg, rocked the stage at Sunday’s Super Bowl, and now his Casa Verde Capital team is pumping new funds into Frankfurt-based Cansativa Group, touted as the “largest medical cannabis distributor”...
Let’s get three truths out of the way. 1. Drugs are a sensitive topic. 2. In a lot of the world, many drugs that can be used recreationally — including psychedelics — are illegal. 3. A lot of people are willing to break...
Since the pandemic began, the percentage of American workers who have quit their jobs has reached a 20-year high. A Pew Research poll gathered their top three reasons:
Not making enough money
No opportunities for advancement
Tired...
In a tight labor market, so-called vertical labor marketplaces that zoom in on one industry, like nursing or hospitality, are drawing funding. Trusted Health, a healthcare staffing platform, raised $149 million in funding...
Dutchie, a four-year-old, Bend, Oregon company that charges cannabis dispensaries a monthly fee to create and run their websites and manage orders, is on a roll this year, raising its second large round of funding — this...
Crop steering turns growing carrots or cannabis from an art into a science. Indoor growers have long turned to this practice to improve yields, which involves precisely controlling and manipulating three variables: light,...
Don’t call Jane Technologies the Amazon of weed. Instead, think of Jane Technologies as the Shopify of weed, and it’s an important distinction. While other startups attempt to build a destination marketplace like Amazon,...
Cannabis has always been essential to some. While it had seemed to start last year in a bit of a correction, demand for it during the pandemic (and its widespread designation as an essential business), created a breakthrough...
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The US is settling in for some new form of national gridlock, but state...
“We think of diversity as a keystone issue for the cannabis industry,” said Curio WMBE Fund managing director Jerel Registre in a conversation with TechCrunch. Registre’s conviction around this program is obvious as...
Fyllo has acquired DataOwl, a company offering marketing and loyalty tools for cannabis retailers.
Fyllo said it already works with 320 cannabis retailers across 25 states (plus Puerto Rico and Jamaica). According to Chief...
Meadow was once called the Amazon of weed. Now it’s trying to be the Salesforce of weed, too.
Meadow, the maker of a popular point-of-sale system for cannabis dispensaries, is today launching new tools for its clients....
The cannabis market was in the midst of a correction when the COVID-19 crisis hit and could emerge stronger than ever.
After a breakthrough period of growth, cannabis startups entered 2020 with depressed values and an uncertain...
Mark Kokoris, President, CEO, and co-founder at Stratos Genomics. (Stratos Photo)
Publicly-traded pharmaceutical giant Roche acquired Stratos Genomics, a Seattle DNA sequencing startup.
Founded in 2007, Stratos’ technology...