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Cannabis Banking: Swissx Launches California Bank and Farming Program

Cannabis Banking: Swissx Launches California Bank and Farming Program

by InfluencER | Jul 24, 2020 | Sales and Operations

Swissx announced on Thursday it has launched the Swissx Bank of California, an extension of its Swiss-based Bank of Cannabis. Swissx Officials note the bank is set to work in tandem with Swissx’s cooperative farming program, which is based on centuries-old...
Cannabis platform LeafLink raises $250M in debt financing

Cannabis platform LeafLink raises $250M in debt financing

by InfluencER | Jul 24, 2020 | Investors, Sales and Operations

LeafLink, a marijuana industry wholesale inventory and ordering platform announced that they have raised $250 million in a credit financing deal. LeafLink officials say the transaction is supposed to help provide liquidity to the cannabis supply chain. The terms of...
‘In times like this, vices go up’: Legal cannabis sales hit record high in May

‘In times like this, vices go up’: Legal cannabis sales hit record high in May

by InfluencER | Jul 22, 2020 | Sales and Operations

Despite the COVID-19 pandemic Canadian cannabis reports show that sales reached new peaks in May as more Canadians are indulging in quarantine kush. According to Canadian statistics released on Tuesday; cannabis sales report a “four-per-cent swell from April to May,...
Legal cannabis sales in Colorado reach all-time high in May

Legal cannabis sales in Colorado reach all-time high in May

by InfluencER | Jul 21, 2020 | Investors, Sales and Operations

In Colorado, Cannabis records set a new monthly record in May, reaching their highest level since legalization in 2014. According to data from the state Department of Revenue’s Marijuana Enforcement Division; dispensaries sold over $192 million worth of cannabis...
How The Cannabis Industry is Pushing The Limits of Digital Payments

How The Cannabis Industry is Pushing The Limits of Digital Payments

by InfluencER | Jul 21, 2020 | Sales and Operations

In the cannabis industry delivery management, online payments and occupy a unique space where they interact with customers, dispensaries, and other startups like smaller payments processors and app developers.  Also, dispensaries are subject to regulatory oversight to...
How Did Oklahoma Become The Country’s Hottest Cannabis Market?

How Did Oklahoma Become The Country’s Hottest Cannabis Market?

by InfluencER | Jul 20, 2020 | Dispensaries, Sales and Operations

In Oklahoma, the medical marijuana market is thriving despite the COVID-19 pandemic hit. In fact, the Oklahoma Tax Commission announced that April sales set a monthly record, at $61 million, and then hit $73 million in May. Oklahoma’s new thriving market can be linked...
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