Meet Bespoke Financial, a lender for cannabis companies backed by Snoop Dogg’s Casa Verde Capital

Bespoke Financial wants to provide cannabis businesses with the same kind of financial services that other businesses get, but that dispensaries and growers can’t yet access. The regulations around cannabis operations are so stringent at the local level — and so nebulous at the federal level — that national banks won’t give businesses in the […]

Obvious Ventures makes CBD sporty with beam, which sells cannabis products to the GNC set

Athletes looking to take a break from all their worries over prescription painkillers and anyone who’s hankering to try out the new cannabinoid-based treatments for their conditions (without worrying about potentially getting dosed with some THC) can now turn to beam. The Boston-based company founded by two former athletes (who were friends at Boston College) […]

Looking for a job selling weed? EpicHint pitches training for cannabis dispensary ‘budtenders’

Adriana Herrera first came up with the idea for EpicHint, a training and staffing service for cannabis dispensaries, while she was surfing off the coast of Oaxaca, Mexico. Decompressing after the dissolution of her last startup venture — her second attempt at running her own business — Herrera realized quickly that surfing and #vanlife wasn’t […]

The ‘Costco of cannabis’ raises $2.8 million for a membership weed delivery service

Weed may be legal in California, but the black market is still the top spot for buyers looking for bud on a budget. Flower Co. graduated from Y Combinator’s latest class on the promise that they could cut customers better deals by focusing on partnering with growers directly to create their own house brands while […]

Cannabis processing startups hope to unlock new chemicals and treatments

Jeff Ubersax knows yeast. The chief executive officer of Demetrix studied yeast genetics and biochemistry in school and was an early employee at Amyris Biotechnologies, a technology company that was using fermentation to make biofuels back in the early days of the first clean technology boom back in 2008.  Now, the same technology that Ubersax […]

Demetrix raises $50 million to brew cannabis

With skyrocketing demand for consumer products and renewed research into its medicinal value, cannabis is having a moment. The quasi-legalization of marijuana created a gold rush for the industry, and startups like Demetrix are reaping the benefits. The company, founded by the famed U.C. Berkeley researcher Jay Keasling and helmed by former Amyris executive Jeff […]

Agtech startup Agrilyst is now Artemis, raises $8M Series A

Artemis, the agtech startup formerly known as Agrilyst, today announced that it has raised an $8 million Series A funding round. The round was co-led by Astanor Ventures and Talis Capital, with participation from iSelect Fund and New York State’s Empire State Development Fund. With this, the company, which won our 2015 Disrupt SF Battlefield […]

Where cannabis investors see the next big wave? In precision dosing

Women and seniors are joining the cannabis movement, and that’s presenting new investing opportunities, according to a panel of cannabis investors we interviewed several days ago at an event organized by the cross-border venture firm DCM. Specifically, they say, expect to see an uptick in products of all types that make it easier to consume […]

Cannabis banking reform is smart, necessary and politically viable

Aaron Smith Contributor Pressure is steadily mounting on U.S. lawmakers to implement comprehensive cannabis banking reform at the federal level, and that pressure is coming from all directions. Rapid shifts in public opinion and a rising number of states with legal medical and adult-use cannabis sales have laid bare an obvious need to update our […]

Cannabis startup Caliva raises $75M from former Yahoo CEO Carol Bartz and Joe Montana

San Jose cannabis company Caliva is proving that weed’s still hot, even as some markets cool off. The company is announcing a $75 million round of investment that includes participation from former Yahoo CEO Carol Bartz and football legend Joe Montana . If that pair seems unlikely, it just goes to show that cannabis attracts […]