Ecommerce startup PayQwick announced it has secured $2.9 million in financing from an undisclosed investor. PayQwick is on a mission to bring proven payment processing, regulatory compliance, and banking services to the licensed recreational and medical marijuana industries, and help reduce the risk of violent crime,
Tokyo Smoke announced it has closed $6 million in Series B financing led by Aphria and Green Acre Capital. Tokyo Smoke is a “modern lifestyle collective providing a home for the creative class” in clothing, coffee, and cannabis. In addition to selling rolling papers, grinders, and
Incubator The Blinc Group announced the close of a new round of financing from an undisclosed investor. The Blinc Group is a first-of-its-kind adoption and distribution-centric incubator led by a connected group of top vapor and cannabis industry experts. It delivers full cycle support to startups
SinglePoint announced it has secured $4 million in financing, $1.2 million of which has already been collected, including $600,000 from corporate investor United American HealthCare Corp. SinglePoint’s subsidiary company SingleSeed is a payment solution provider to the cannabis industry. Its mobile Cashless ATM provides convenience,
Weedguide announced the completion of $1.7 million in seed financing from two undisclosed investors. Weedguide claims to be the most comprehensive cannabis source on the web. It provides an easy way for people to find everything they need to know about both medical and recreational marijuana.
Vinto provides a monthly cannabis subscription box with high quality accessories, delivered straight to people’s doorsteps. In the box, customers can find raw papers and cones, limited edition smoke accessories, seasonal and imported snacks, pens and notebooks, stickers and pins from a curated selection of
Software startup Trellis Solutions announced it has secured $2 million in financing, led by Casa Verde Capital. Gateway, Argonautic Ventures and New Cannabis Ventures also participated. Trellis has created seed-to-sale cannabis management software that support cultivators, manufacturers, distributors and retailers. The system features a unique, multi-tier
Weedly is a cannabis directory that helps users find the best nearby marijuana stores. It currently supports ten city destinations, among them Amsterdam, Los Angeles, Portland, Toronto and Barcelona. In addition to marijuana dispensaries, Weedly helps users find great local coffee shops, clubs, and doctors.
Green Dot Labs announced it has raised $3.3 million in Series A financing, led by Tuatara Capital. Green Dot Labs was founded in 2013 and is Colorado’s premier grower-owned and family-operated cannabis cultivation and extraction brand. According to the company, it is the first company to
Fintech startup Fundanna completed a new round of funding from Digital Arts Media Network. Fundanna is a regulation crowdfunding platform for cannabis businesses. The company helps cannabis and hemp companies raise money from the public while remaining private, up to $1 million in funding per year.