The $3 million Dutchie raised in a seed round came from the Durant Company, Casa Verde Capital, and Sinai Ventures, along with other angel investors.
Why are people who have been smoking pot all along not jumping on the legal weed bandwagon?
With California being the fifth largest economy in the world, revenue predictions were set proportionately high, but unfortunately, if first quarter numbers are any indication, they’re not going to be met.
How do you advertise a product that is only recreationally legal in nine states? That means companies can be extremely limited in promoting its product and connecting with potential consumers.
The cannabis delivery app Eaze will soon enter the recreational cannabis market in California, after raising $27 million in Series B financing.
The Winklevoss twins are the two rich boys fleeced by Zuckerberg for the inception of Facebook and claimed that Zuck had stolen the idea from them.
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One thing most experts agree on is that smoking is not a good idea at the moment, even if what you're smoking is marijuana.
The stock was rising over 3% to lately trade at $85.06 on the news. This further lifts the stock from its 52-week low of $67.98.