Small Business

Eleven years ago, Bola Sokunbi hit a financial milestone at the age of 27, saving over $100,000 within a span of three years, all while maintaining full-time employment. It wasn't that her salary was high enough to save such a large amount — it was the fact that she relied on various side hustles...

In an exclusive interview with Benzinga, Nohtal Partansky, the CEO and co-founder of Sorting Robotics, a company revolutionizing the cannabis industry through advanced automation solutions, discussed how their pioneering machines are transforming the cannabis industry. From optimizing...

Safe Harbor Financial (NASDAQ: SHFS), a pioneer in delivering financial services to the regulated cannabis sector, has announced the origination of a $3 million loan for a Washington-based organic THC-infused beverage company. This financial infusion aims to fuel the company's expansion into...

Southwest Cannabis Market Heats Up: New Mexico's August 2023 Sales Data The medical cannabis market in New Mexico recorded sales of $13.5 million generated from 267,207 medical transactions. The adult-use cannabis market exhibited robust performance, with sales totaling $35.4 million...

Tim Riegel, a business owner in Lamar, Missouri, had a eureka moment when reviewing his monthly earnings half a year ago. Despite strong sales from his side hustle, Mozark Fire Pit Studio, the profits seemed to be dwindling. The culprit was that the company got bit by the inflation bug. From its...

The Coalition for Responsible Cannabis, a nonprofit in Santa Barbara County, has filed a lawsuit against several cannabis cultivators, including Ceres Farms, Valley Crest Farms and the Van Wingerden Family Trust. The lawsuit alleges that these growers are causing a significant public nuisance...

Payment giant Mastercard Inc. (NYSE: MA) is integrating its commercial card service with India-based supply chain finance platform KredX. With AI assistance, KredX offers features like dynamic discounting, early payment options, and price discovery which will thereby improve cash flow and enhance...

The tiny, almost unknown, Caribbean island of Anguilla is poised to reshape its economic landscape through an unexpected ally — artificial intelligence. This sun-soaked island with a population of about 15,000 people, spanning 35 square miles and nestled in proximity to Puerto Rico and the British...

Social equity cannabis businesses regularly contend with the burden of structural inequality, lack of intergenerational wealth, and funding, high taxation and real estate prices, and, stringent compliance standards. The weight of these challenges has frequently pushed many enterprises to the brink...

“You can’t start a cannabis business, particularly in California with (...) $10,000,” Caroline Yeh, co-founder and CEO at TSUMo Snacks told an auditorium brimming with potential investors, entrepreneurs and cannabis enthusiasts at the recent Benzinga Cannabis...

Automation challenges have risen for the cannabis industry, compelling operators to seek innovative solutions for improved efficiency and revenue. In an exclusive interview with Benzinga, Green Vault Systems' (GVS) VP and co-founder   Arnar Olgeirsson and Lise Bernard,...

Jan Verleur, co-founder of Verleur Group LLC (TVG), and Rohan Marley, the driving force behind Lion Order cannabis products, engaged in a comprehensive discussion with Benzinga on quality control, consumer experiences, and their unique secret shopping approach. They highlighted their...

Former NBA superstar Allen Iverson is rolling out his new marijuana strain in Philadelphia, in partnership with Al Harrington’s cannabis brand Viola. The new strain is called 'Iverson ’01,' which references Iverson’s MVP season in 2001 when he led the ...

Japan’s decision to release treated radioactive water from the Fukushima nuclear power plant has sent shockwaves through the global seafood market. While the International Atomic Energy Agency vouches for safety, the move has elicited varied reactions. Of particular concern is China’s...

Cannformatics, an early-stage biotechnology company, has unveiled a groundbreaking advancement in the field of medical cannabis treatment for Autism Spectrum Disorder (ASD). Their recent publication in Nature's Scientific Reports highlights the use of Cannabis-Responsive (C-Res) biomarkers and...