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Dutchie Raises $200M In VC From Tiger Global-Led Group, Buys Cannabis POS Providers Greenbits, LeafLogix
Tuesday, March 16, 2021 - 6:00am | 300Cannabis e-commerce platform Dutchie has closed a $200-million Series C funding round led by Tiger Global, boosting the Bend, Oregon-based company's valuation to $1.7 billion. The fundraise comes after Dutchie raised $35 million in a Series B round. Dragoneer and DFJ Growth also...
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Snoop Dogg's Casa Verde Capital Closes New $94.7M Fund
Tuesday, December 22, 2020 - 1:31pm | 180Casa Verde Capital, the investment fund led by Snoop Dogg, Karan Wadhera and Ted Chung, has closed a new fund of $94.7 million. The closing was documented in a Form D filing with the Securities and Exchange Commission dated Monday. This is Casa Verde’s biggest-ever single fund, topping...
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Cannabis Investors On The Election, Legalization: 'We Can't Just Wait'
Friday, October 16, 2020 - 3:14pm | 573If New Jersey voters approve legal marijuana Nov. 3, it will be a "tremendous move" for the cannabis market, said Emily Paxhia, co-founder and managing partner at Poseidon Asset Management. The Garden State is well-populated and well-positioned to apply pressure to other markets,...
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Greenbits Scores $23M In Funding From Tiger Global, Casa Verde
Thursday, April 16, 2020 - 8:35am | 247Greenbits, a cannabis retail platform serving more than 1,200 retail locations, has closed a $23 million Series B funding round, led by Tiger Global Management and Casa Verde Capital, the investment fund led by Snoop Dogg, Karan Wadhera and Ted Chung. Capital will be used to drive sales growth,...
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Ganja Goddess CEO Sees Surge In Cannabis Deliveries On Heels Of Coronavirus Outbreak
Friday, March 13, 2020 - 4:55pm | 267Cannabis delivery company Ganja Goddess has seen a substantial surge in cannabis deliveries, according to newly appointed CEO Zachary Pitts. Pitts, who has been working in the cannabis sector since 2007, previously served as the California company's chief operating officer until he was...
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Vape Hardware Producer Greentank Appoints Former Dyson Exec As Chief Engineering Officer
Tuesday, February 11, 2020 - 4:07pm | 187Vape hardware producer Greentank has snagged former Dyson Engineering Manager Pete Duckett as the company’s new chief engineering officer. Duckett, an expert in structural engineering and thermo-fluid analysis, will lead the company’s R&D efforts. The company also announced the...
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Cannabis Recruiting Platform Shares 8 Predictions For The Industry In 2020
Tuesday, February 11, 2020 - 12:24pm | 959By Karson Humiston Founder & CEO of Vangst. With attitudes changing about the legalization of cannabis, 2020 is looking bright for the cannabis industry, even though it faced many uphill battles in 2019. According to projections in the 2019 edition of the Marijuana Business Factbook, retail...
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Berlin-Based Cannabis Startup Sanity Group Closes $22M Series A With Support Of Snoop's Money Man
Tuesday, February 11, 2020 - 8:32am | 236Berlin-based cannabis startup Sanity Group announced Monday the closing of a $22 million Series A funding round, with investments from entertainment mogul Scooter Braun, Berlin’s Cherry Ventures, and a personal investment from Snoop Dogg’s money man, Karan Wadhera of Casa Verde Capital...
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Eaze Releases Annual State Of Cannabis Report, Shows Increase In Demand, Use
Wednesday, January 29, 2020 - 2:59pm | 290Cannabis-focused online marketplace Eaze published Wednesday its fifth annual Ease Insights|State of Cannabis 2019 report, which examines a collection of consumer trends in the biggest cannabis market. Accumulated purchase data of more than 500,000 Eaze consumers in California was analyzed in the...
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The Week In Cannabis News: Curaleaf Buys Cura Partners, Canopy Buys C3, Organigram Applies For Nasdaq Listing
Sunday, May 5, 2019 - 2:15pm | 4391This week, cannabis news was dominated by two big acquisitions. The largest was announced by U.S. vertically integrated multistate cannabis operator Curaleaf Holdings, Inc. (OTC: CURLF), which said it would buy Cura Partners, owners of the Select cannabis brand, for approximately $950 million in...
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Snoop Dogg's Casa Verde Capital Invests In Precision Vaporizer Company Indose
Friday, May 3, 2019 - 2:47pm | 314Cannabis-focused venture capital firm Casa Verde Capital has invested in vaporizer company Indose. What Happened Casa Verde, Snoop Dogg's venture capital arm, led the Series A round that helped Indose raise $3.5 million. Indose is developing vape pens with a focus on dose precision in order to...
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Cannabis-Focused Recruiting Company Vangst Closes $10M Series A Financing Round
Friday, January 25, 2019 - 2:45pm | 389Karson Humiston, founder and CEO of the largest staffing and recruiting agency in the cannabis industry, made it on Benzinga’s list of 20 women set to dominate the space in 2019. After all, her company Vangst has helped thousands find jobs in the nascent legal marijuana industry. “...
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Wonder Women Of Weed: Tahira Rehmatullah, The Exec 'Creating An Ecosystem Of Like-Minded Cannabis Companies'
Friday, August 10, 2018 - 1:37pm | 778“Wonder Women Of Weed” is a show co-hosted by Javier Hasse and Adelia Carrillo, featuring accomplished female leaders in the cannabis industry. #WWoW is brought to you by a collaborative effort that includes Benzinga, Industry Power Women and Direct Cannabis...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, June 29, 2018 - 3:48pm | 3502It was another extremely busy week for the cannabis industry. Voters in Oklahoma chose to legalize medical marijuana, becoming the 30th U.S. state to do so; GW Pharmaceuticals (NASDAQ: GWPH) got the first-ever FDA approval for a cannabis-based drug; Ice Cube’s Big3 basketball league...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, March 23, 2018 - 5:14pm | 2067It was a turbulent week for cannabis stocks in the U.S., however, it was Canadian equities that experienced the most volatility, largely due to the publication of Health Canada’s document on legal cannabis packaging, marketing and retail, and the later vote of Bill C-45, also known as ...