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Eaze Continues Advancing Cannabis Industry with an Additional $27M Raised Business Finance: Sales, Distribution, Banking, Funding Industry 

Eaze Continues Advancing Cannabis Industry with an Additional $27M Raised

SAN FRANCISCO, Sept. 14, 2017 /Weed Wire/ — Eaze, the leading cannabis technology company, announced today an additional $27 million in Series B financing, led by Bailey Capital with participation from DCM Ventures, Kaya Ventures and FJ Labs. The latest round brings Eaze’s total funding to $52 million. Eaze will use the financing for continued expansion throughout California and other states, to provide safe, convenient and professional access to legal marijuana. James Bailey has also joined the board of directors bringing relevant industry experience as an investor in PAX Labs…

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In its fourth harvest, Colorado industrial hemp industry still faces growing pains Business Colorado News 

In its fourth harvest, Colorado industrial hemp industry still faces growing pains

The first hint that Damian Farris isn’t your typical farmer is the nickname of his mud-splattered white pickup truck: “Smoked Tofu.” Four years ago he was a hippie with no farming experience and a passion for weed. Now he’s the co-founder of Colorado Cultivars, the self-proclaimed country’s largest hemp farm, just east of Eaton. The marijuana dispensary owner turned industrial hemp grower navigates the farm’s sprawling fields like an old pro. Read the full article

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FEDERAL UNCERTAINTY STOPS REI FROM ENTERING MARIJUANA MARKET Business 

FEDERAL UNCERTAINTY STOPS REI FROM ENTERING MARIJUANA MARKET

Executives at retail recreational company REI have discussed the idea of entering the coming-of-age marijuana industry; however the company is concerned about ongoing ambivalence on the U.S. federal level. Ongoing federal prohibition deters banks and the majority of mainstream corporations from directly, or even peripherally, working with the cannabis industry. Bitcoin is currently the industry’s currency of choice. Read the full article

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Cannabis grows — legal or not — are far from business as usual for electric co’s Business Colorado News Politics 

Cannabis grows — legal or not — are far from business as usual for electric co’s

WESTMINSTER — Since marijuana was legalized in Colorado, the standard meter read and utility line check aren’t that simple anymore. Utilities have had to adapt on the fly to a surge of customers that bring with them heavier energy loads and heftier revenues; but they also have had to account for the unexpected, said representatives of Colorado’s electric providers at a Monday conference. Read the full article

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