admin, Author at Rose Capital

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BioTrackTHC Selected For Maine’s Traceability Contract

On May 15, BioTrackTHC was announced the conditional winner for Maine’s seed-to-sale tracking system government contract. The award is still pending final approval from the State Procurement Review Committee and the successful negotiation of the contract.

BioTrackTHC, a Helix TCS subsidiary, announced in a press release their conditional award earlier this month. The contract means that BioTrackTHC would partner with the state to provide software for tracking both medical and recreational cannabis products from the immature plant to the point of retail sales.

Cannabis-focused investment firm Rose Capital raises $55 mln for maiden fund

Rose Capital, a cannabis-focused investment firm, has closed its debut fund at $55 million. Rose Capital Fund I will focus on backing cannabis operators in the following sectors: consumer packaged goods; data and analytics; distribution and logistics; and ancillary products.