CannaRegs

After a two-year of legal battle, a civil lawsuit alleging securities fraud by CannaRegs, a Denver cannabis tech company, was voluntarily dropped. CannaRegs, acquired for $10 million in 2020 by Chicago-based digital marketer Fyllo, was sued by investors that same year...

The cannabis compliance technology platform Fyllo said Tuesday it has raised $30 million via an oversubscribed Series B round co-led by JW Asset Management and Sol Global. Other participants in the funding round include Entourage Effect Capital, Arcadian Capital Management, K2,...

Jay Pharma, an evidence-based pharmaceutical cannabinoid and wellness company focused on cancer, announced last week a reverse merger with Ameri Holdings Inc (NASDAQ: AMRH). The merger will allow Jay Pharma to expand its body of research and execute on its plans to bring oncology clinicians and...

Major cannabis players have found themselves in some form of compliance hot water in recent weeks. Curaleaf Holdings Inc (OTC: CURLF) found itself having to respond to a Food and Drug Administration's letter regarding CBD product marketing. Harvest Health & Recreation Inc (OTC: HRVSF) had...

Web-based data technology platform CannaRegs said Tuesday it completed a capital raise that will allow it to expand its services and features across the United States. The company also plans to move outside the cannabis industry and cover other markets. What Happened CannaRegs raised $2 million in...

The cannabis industry witnessed the debut last month of AxisWire, a company conceived to offer a one-stop-shop for cannabis industry entrepreneurs looking to expose and grow their brands and journalists seeking the latest industry news. Think of a PRNewswire-style site created exclusively for the...

"Wonder Women Of Weed" is a bi-monthly show and column featuring accomplished female leaders in the cannabis industry, brought to you by a collaborative effort that includes Benzinga, Industry Power Women and Direct Cannabis Network. This week, we present CannaRegs...

Attorney General Jeff Sessions’ views on cannabis became more evident than ever last week when he made public his decision to repeal the Cole Memo, an Obama-era memorandum that has essentially protected state-legal cannabis businesses from federal prosecution. While this move didn't...

Ever since MassRoots Inc (OTC: MSRT) acquired CannaRegs for $12 million in stock, there has been speculation around CEO Isaac Dietrich being replaced. That chatter intensified Monday, and two sources confirmed to Benzinga that Dietrich was "ousted" by the Board of Directors earlier this...

Benzinga recently analyzed if MassRoots Inc (OTC: MSRT)'s acquisition of CannaRegs, Inc. for $12 million made sense. On one side of the spectrum was Alan Brochstein, author of the 420 Investor, who argued that the price tag was too high and that this could be seen as a proxy of MassRoots...

Despite being one of the most notable companies in the cannabis industry, MassRoots Inc (OTC: MSRT) has not always been great at creating value for shareholders. As Alan Brochstein, author of the 420 Investor, told Benzinga late last year, the company “endured a perfect storm of sorts ......