DCN is currently in transition. It has been an amazing 4 years building a cannabis entrepreneur ecosystem, giving a voice to 100’s of entrepreneurs and 1,000’s of products and brands. Please note, during this time you can utilize and learn from DCN’s content and continue to use the DCN directory to help connect you with trusted service providers. Thank you all for being apart of this chapter. Let's think higher, Adelia Lorena Carrillo” #dcn #directcannabisnetwork #letsthinkhigher #cannabisindustry #cannabiscommunity #cannabisstartups #cannabisentrepreneurs #longlivedcn

Enlighten, a multifaceted cannabis technology company, has announced today that it has closed an oversubscribed Series B round of funding in a total amount in excess of $6.5 million led by Tuatara Capital, L.P., a specialized alternative investment manager focused on supporting high-growth companies in the legal cannabis industry. The Series B funding also brought in a new strategic investor in Arcadian New Venture Fund, L.P. #enlighten #cannabiscommunity #cannabistech #tuataracapital

Altum Investments, parent company of The Grow Foundry California (d/b/a Coda Signature California), announced today that it has closed a $24.4 million round of Series A funding. The funds will be used to accelerate expansion into emerging North American markets for Coda Signature-branded premium cannabis-infused edibles, topicals and concentrates. Proceeds from the raise will also be used for strategic additions to the management team. Coda Signature worked with Granite Hall Partners as the lead investor and syndicated the round with additional investment from leading firms in the cannabis industry Gotham Green Partners, MAZAKALI and Salveo Capital. #coda #codasignature #gothamgreenpartners #salveocapital #mazakali #infused #cannabisinfused.

This week, the Church of England announced that it is moving to make investments in the cannabis industry. The Church of England’s commissioners, who manage its endowment fund containing over $10 billion in assets, recently made the announcement. They noted that they would be holding the plant to the same standard that they hold pharmaceuticals. ABC News reported that the church’s endowment is a closed fund, which means it does not take in new contributions. Any money the fund ends up bringing in is used to pay for bishops and ministry costs, supporting local dioceses and paying clergy pensions. #churchofengland #cannabiscommunity #england #cannabis #contributions

Cannex Capital Holdings Inc. is pleased to announce that it has closed its previously announced acquisition of 100% of San Diego, California-based Pure Ratios Holdings, Inc. (“Pure Ratios”) in a cash and stock transaction (the “Transaction”). Highlights – Pure Ratios has authentic positioning in the cannabinoid wellness segment with a solid foundation in California; – Pure Ratios has expertise integrating cannabinoids into a variety of form factors including a patented 96-hour transdermal patch, its best-selling product; – Pure Ratios co-founder and CEO, Chad Conner, is an experienced practitioner of holistic medicine and a recognized public speaker on cannabis and alternative approaches to wellness. #pureratio #cannabistopical #medicalmarijuana #cannexcapital #cannexcapitalholdings #acquisition #medicalcannabis

CannabizTeam, the leading cannabis-focused executive search and staffing firm, announced today the official debut of CannabizTEMP, a company specializing in providing consulting and on-demand access to temporary workers to the cannabis industry. CannabizTEMP will initially focus in California, with plans to expand geographically across the United States. CannabizTEMP provides the following for Cannabis business owners: -From seed to sale, CannabizTEMP services all verticals in the cannabis industry providing temporary, temporary-to-hire and consulting solutions. -CannabizTEMP employees can be an immediate solution to support seasonal purposes, fill project-based jobs for limited periods of time, extended leaves, and backfilling positions as an interim solution while a full-time candidate is sourced. -CannabizTEMP specialized candidates have a wide range of experience levels and can support any business without the long-term costs and commitment associated with a full-time hire. -CannabizTEMP takes care of the hiring process on behalf of companies by vetting candidates with a phone screen and video interview, completed references and background checks. -CannabizTEMP manages payroll, compensation, burden costs associated with an employee, terminations, employee counseling and any additional liability on the company’s behalf. -CannabizTEMP has created a ranking system that provides a candidate’s assignment reviews upon completion, so companies are confident in hiring temp workers with industry experience, thus adding an incentive for employees to perform to the best of their ability. #cannabizteam #cannabiztemp #hiring #staffing #cannabisjobs #cannabisstaffing

Mike Tyson spearheads a holistic cannabis company and sets in motion plans to open an over-the-top weed resort in the middle of the California desert. The 52-year-old former world heavyweight champ created his company Tyson Holistic in 2016 and sells an array of cannabis merchandise as well as premium cannabis strains, extracts, and edibles. But now the former fighter is developing an elaborate 420-acre cannabis playground near Desert Hot Springs that'll house a music festival and the world's longest lazy river. The ranch broke ground in December 2017 but is yet to be fully built. It's designed to be a wonderland of weed with tourist attractions, a luxury hotel, glamping tents, a lazy river that will take a full hour to cross, and an ampitheater for music festivals and concerts. There will even be a Tyson University to teach cannabis-cultivation techniques to future farmers. #miketyson #cannabiscommunity #cultivation #cannabisuniversity #tysonholistic.

As licensed producers look for new options beyond pre-rolled dried flower products to provide for a consumer base seeking diversity, Organigram Holdings Inc. (NASDAQ: OGI, TSX-V: OGI) just landed a lucrative partnership with PAX Labs. Organigram is now one of only four cannabis companies selected to offer products compatible with the PAX Era oil vaporizer. The other selected partners from across the Canadian licensed industry included Aphria (TSX: APHA; NYSE: APHA), Aurora (NYSE: ACB; TSX: ACB), and The Supreme Cannabis Company (TSX: FIRE; OTCQX: SPRWF). Under the terms of the partnership, Organigram will fill PAX Era compatible pods at the company’s Moncton facility. Those vaporizer oil pods will be branded with Organigram’s Edison Cannabis Company label and shipped to all 10 of the company’s existing provincial retailer partners. #paxvapor #organigram #partnership #cannabiscompany #retail #canadiancannabis #licensed #paxera #cannatech

A peek into this weekend. Meadowlands is an annual retreat designed to build a united and collaborative cannabis community. Held in the redwood forests of Mendocino County, the gathering brings together like-minded cannabis entrepreneurs, decision-makers, state regulators and industry professionals. These individuals came together to exchange knowledge, build valuable alliances across the supply chain, and participated in educational, interactive, and wellness programming under the stars. A weekend not about numbers and sales pitches but a weekend of connection and collaboration. #industry #cannabisindustry #alliances #campmeadowlands #meadowlands2019 #weekendvibes #camping #campnavarro

Purpl Scientific announced that, after several years in development and a successful beta test, the Company has launched its groundbreaking portable cannabis potency testing solution to the world. Named the Purpl PRO, the device brings unprecedented mobility, insight and limitless lab-accurate THC and CBD tests to a market with a glaring need for transparency and accountability. The Purpl PRO is available for sale through authorized distributors for $1,495. The Purpl PRO is a hand-held solution that turns the user's smartphone into a robust cannabis potency testing system and provides lab-accurate results in under ten seconds. The Purpl PRO harnesses the same science and technology that was originally developed for the commercial agriculture and pharmaceutical industries to ensure cannabis quality, integrity and consistency throughout the entire value chain. In order to develop this purpose-built solution for instant cannabis potency testing, the Purpl Scientific team of innovators, scientists and engineers drew on their deep knowledge in optical science, artificial intelligence, machine learning, miniaturization, networking and mobile application development. #purplepro #cannatech #cannabistech #potency #labtesting #cannabispotency

A secretive startup called SōRSE Technology is looking to be a major player around CBD and cannabis. SōRSE has been active for more than three years and has been “under the cover of darkness” for the last two, working hard on science that allows it to convert CBD and THC oils into a water-soluble product that can be infused more seamlessly into beverages, food and topicals. The company, working out of an industrial area in Seattle’s Fremont neighborhood, just raised $5 million and $9 million to date. SōRSE doesn’t own a cannabis license and is not a cannabis company, or Washington 502 as they’re often called. It’s a food technology company that works with cannabis companies who license its technology — also called SōRSE. Clients use SoRSE, which comes in powder or liquid form, to make their own products that are sold in stores. The startup has caught the attention of traditional tech investors and some venture capitalists, as well as someone who in Santa Monica, Calif., a based investment firm Science Inc. led the Series A round. #sorsetech #sorsetechnology #cannatech #cannabistech #infused #cbdbeverages #seattle

Cannabis farming technology startup Indorz Inc. has completed a NIS 5 million ($1.4 million) funding round, which the company will use to market its sensor-based farming automation system, co-founder and CEO Ido Hefner confirmed. The funds came from three unnamed angel investors as well as through a crowdfunding campaign, according to Hefner. Indorz aims to standardize cannabis farming, using sensors and data analytics to automate the farming process in a way that will help growers produce a uniform product for the pharmaceutical industry. The company was founded in 2016 by Hefner and Or Blinder, veterans of Israeli military's information technology (IT) unit Mamram and signal intelligence unit 8200. The latest round brings Indorz’s total funding raised to date to NIS 9.5 million (approximately $2.6 million). #investment #indorz #cannabis #globalcannabis #cannabistech #cannabisindustry #cannatech #agtech