Author: News Room

South San Francisco, CA, Jan. 20, 2022 – Dama Financial (“Dama”), the nation’s largest provider of access to banking and payment solutions for the cannabis industry, has entered into an agreement to acquire GrowFlow Corp. (“GrowFlow”), whose business management and compliance tools have processed more than $3.3 billion for cannabis retailers, cultivators, processors, and distributors. Combining Dama’s fintech and payment solutions and GrowFlow’s industry-leading software platform will create the most sophisticated, comprehensive solution for cannabis companies, integrating product, operations, compliance, and financial data in a more usable and flexible solution than any current offering in the industry. The highly scalable…

Nearly a decade into adult-use sales, the cannabis industry has yet to fully integrate with the hospitality and tourism spaces. Cannabis is highly regulated and remains federally illegal, which makes the hosting of a compliant cannabis event particularly complex. The team at Cannect Hospitality includes experts in safe practices, compliance, application writing, events, and more — through their combined wisdom, their goal is to build a bridge between cannabis and hospitality. Cannect’s CEO and Partner Jenn Tramaglino is based in Las Vegas, a hub for tourism and hospitality. Ganjapreneur spoke with Tramaglino about Cannect’s vision and the scope of their…

Just one in ten Americans say that marijuana should remain completely illegal, according to a new Pew Research Center poll. The survey, published on Tuesday, found that an “overwhelming share of U.S. adults” (89 percent) feel that cannabis should be legal for either medical or recreational purposes. Among those, 59 percent say it should be legal for both and 30 percent want to allow medical use only. There are partisan divides—with 45 percent of Republican and Republican-leaning independents backing total legalization, compared to 73 percent of Democrats and Democratic-leaners—but support is much stronger among younger adults in both parties. “A…

Well, hello there, all of you beautiful, caring Zodiac babes! Welcome to November, and step right up! We have full moon lunar eclipses, lots of rulers in retrograde, and we’ve got all the planets flocking to bold and risk-taking Sagittarius. That’s right, this is the month to celebrate adventure with your favorite Archer. Take aim at something that scares you this November. You are stronger than you think and tougher than you know. Let’s get into it! Your November horoscope Scorpio (Savina Monet) Happy Birthday, Scorp! The late Scorpio season babies will especially appreciate this month. It’s full of adventure…

The organization that backed South Dakota’s successful medical cannabis initiative in 2020 has sent information requests to government offices throughout the state to determine whether officials have broken state law by publicly opposing this year’s adult-use legalization measure, Dakota News Now reports.   Per South Dakota law, government officials may speak their opinion on candidates or ballot measures in their personal capacity but may not influence the election of a candidate or ballot initiative in their official capacity, and doing so is a felony. New Approach SD Deputy Director Ned Horsted told Dakota News Now that the decision to press…

In this episode of Fresh Cut, Cara Wietstock meets with Kim Myles, host and designer for the new reality series High Design on Discovery+, where she travels around the country bringing her interior design wisdom to independently-owned cannabis dispensaries. The pair take a deep dive into Kim’s passions for design and cannabis, and how her experiences as a winner of reality design competition Design Stars and host of the multi-season series Myles of Style led her to her new platform. They also discuss how Kim combines her desire to make clients feel welcome in dispensaries with experiential factors that lead…

The SAFE Banking Act, a bipartisan proposal to give the cannabis industry access to traditional banking services, was revived last week as a new attachment to a domestic spending bill. Colorado Rep. Ed Perlmutter (D), the original sponsor of the SAFE Banking Act, announced in a press release on Friday that the cannabis banking bill was now part of the America COMPETES (Creating Opportunities to Meaningfully Promote Excellence in Technology) Act of 2022. “The SAFE Banking Act is the best opportunity to enact some type of federal cannabis reform this year and will serve as the first of many steps…

Cannabis packaging is becoming a significant subject as the marijuana industry gains traction and global attention. With support for cannabis hitting new levels, the number of marijuana companies and consumers is expected to rise. For this reason, the future of designer weed packaging holds a great deal of excitement for consumers and packaging companies alike. Market reports predict that the global cannabis market value will reach $1.6 billion by 2024. Hence, cannabis brands must prepare for the supply challenges imminent with this exponential growth. Moreover, cannabis packaging companies should also brace themselves for the changing regulations within the industry. As…

The Tiktok algorithm strikes again! Food trends on Gen Z’s favorite app move at the speed of light, from weird flavor combos to “hacks” to pure clickbait. But one take on a dairy delight has captured our collective imagination enough to make it to the pages of the New York Times. Yes, I’m talking about butter boards.  What is a butter board? A butter board is exactly what it sounds like—think a slab of smooth, heavily-seasoned butter primed for dipping with both sweet and savory snacks. Whether you love them or hate them, national media has decided that butter boards…

The Hawaii Tax Department estimates that cannabis legalization would amount to $50 million annually for state coffers, Hawaii News Now reports. But State Rep. Ryan Yamane (D), who sits on the government’s Dual Use of Cannabis Task Force, said the funds would not be enough and “difficult to use in order to establish a new program.”   Yamane indicated that $50 million annually may not be sufficient for the state to hire employees for the program, or for monitoring the new industry.  As of September 30, there were 33,725 medical cannabis patients in the state with eight licensed dispensaries. According…