Category: Technology

Avatar photoDebra BorchardtFebruary 7, 2022
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4min00
Online cannabis company Leafly Holdings Inc. and Merida Merger Corp. I (NASDAQ: MCMJ), a SPAC (special purpose acquisition company) sponsored by Merida Capital Holdings, closed their previously announced business combination on Friday. In connection with the closing, Merida has adopted the Leafly name, and Leafly’s common stock will begin trading on the NASDAQ Stock Market […]

Avatar photoJulie AitchesonJanuary 18, 2022
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4min00
Using data gathered through research to more effectively develop products that meet consumer needs is not new, but a promising innovation, at least for the cannabis industry, is using Artificial Intelligence to streamline and enhance not only the research but development processes. Nancy Whiteman, CEO of Wana Brands (one of the cannabis companies currently utilizing […]

Avatar photoStaffJanuary 13, 2022
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3min00
Up and coming cannabis delivery platform company Lantern announced its financial and operational results for fiscal year 2021, ending 12/31/21. Lantern reported a 350% year-over-year growth following the expansion of its on-demand marketplace delivery platform into Colorado and Michigan, two of the fastest-growing cannabis delivery markets in the U.S. In July 2021, Lantern became the first adult-use delivery platform […]

Avatar photoStaffNovember 3, 2021
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4min00
Flora Growth Corp. (NASDAQ: FLGC) is buying Vessel Brand Inc. in a deal valued at $30 million. Vessel is known for its unique lineup of high-end dry-herb accessories and vape pen batteries and bespoke product programs for brands. Flora said these high-margin products, along with its development pipeline, are expected to drive incremental revenue and […]

Avatar photoStaffOctober 15, 2021
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3min02
Privately-owned cannabis tech firm Dutchie  has raised $350m in Series D financing which is now placing a $3.75 billion valuation on the Oregon-based company. The company said it plans to use the money to keep expanding operations and invest in R&D investments to launch major products to support cannabis dispensaries. That includes hiring more top talent […]

Avatar photoStaffOctober 8, 2021
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15min00
Green Market Report asked some of the top technology leaders in the cannabis industry for their thoughts on how tech is changing the cannabis world. Here’s what we learned: Simplifya Co-Founder & Chief Executive Officer Marion Mariathasan    “Technology in every industry has enabled advancement to happen faster, and the cannabis industry is no different. […]

Avatar photoDebra BorchardtSeptember 14, 2021
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4min00
WM Technology, Inc., better known as Weedmaps  (Nasdaq: MAPS) is buying Sprout, a leading, cloud-based CRM & marketing platform for the cannabis industry. Weedmaps did not disclose the valuation of the deal. Sprout is a cannabis CRM and marketing software platform used by dispensaries and cannabis brands across the United States, Canada, and Puerto Rico. […]

Avatar photoStaffSeptember 8, 2021
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2min00
Akerna, the parent company to MJ Platform, announced a new offering, Akerna Connect, this month.    Akerna Connect is a mobile marketing platform for cannabis retailers that provides marketers with a suite of tools that are both effective and easy to use. Akerna Connect empowers operators with responsive online menus, mobile ordering, and loyalty rewards and […]

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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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