Cannabis Product News Hemp Production News

Business & Management

August 12, 2019
Leaflink Receives Additional Funding

Leaflink, a wholesale management platform for the cannabis industry, recently announced that it has received a $35 million Series B round of funding. Leaflink is used by dispensaries for inventory ordering from multiple brands. The company also provides other services for vendors like customer relationship management, customized reporting services, order... more »

August 12, 2019
Cannabis-Related Job Postings on the Rise

According to Indeed.com. the number of cannabis-related jobs posted on its website have increased 600% since 2016. Indeed.com reports cannabis job postings on its site have risen from 231 per million in May 2016 to 915 per million in May 2019. Among the top cannabis job titles posted on the... more »

June 21, 2019
CannabizTeam Launches CannabizTEMP

CannabizTeam, a cannabis-focused executive search and staffing firm, announced the debut of CannabizTEMP, a company specializing in providing consulting and on-demand access to temporary workers to the cannabis industry. CannabizTEMP will initially focus on California, with plans to expand to other locations across the United States. "In California alone it... more »

LeafLink billion dollars

June 16, 2019
LeafLink Reaches $1 Billion in Annualized Orders

LeafLink, the cannabis industry's e-commerce wholesale marketplace, announced last week that $1 billion in annualized orders are now moving through its platform. Since launching in Colorado in 2016, LeafLink has quickly gained traction. The platform empowers licensed cannabis retailers to order from legal brands across 20 territories in the U.S.... more »
Colorado marijuana revenue

June 13, 2019
Colorado Generates More than $1 Billion in Marijuana Revenue

Colorado has surpassed $1 billion in tax revenue from marijuana sales since recreational use was legalized in 2014. According to a news release, the Colorado Department of Revenue announced that marijuana sales have reached over $6.5 billion and marijuana tax, license and fee revenue reached $1.02 billion. The revenue funds... more »
Marijuana Market to grow to 30 billion

June 5, 2019
Report: U.S. MJ Sales May Triple to $30 Billion by 2023

Marijuana Business Daily recently published its 7th annual Marijuana Business Factbook, which details sale projections for the legal cannabis industry in the U.S. between 2018 and 2023. The report breaks down revenue projections into ranges; here is how sales are expected to progress over the next five years: 2018: $8.6... more »

June 3, 2019
Google Bans Marijuana Delivery Apps

Google updated its Play Store and has added a rule banning apps that facilitate the sale of marijuana or marijuana products — whether they're operating legally or not. The new policy states that the Google Play Store will prohibit apps that allow users to order marijuana through an in-app shopping... more »

May 25, 2019
Report: Industrial Hemp Market to Hit $270 Million by 2025

The Industrial Hemp Market is set to grow from its current market value of more than $180 million to more than $270 million by 2025 according to a new study released by Global Market Insights, Inc. Increasing consumer demand for nutritionally favorable CBD oil which is a rich source of... more »

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