Is Las Vegas The Next Silicon Valley? More Tech Companies Relocating

An influx of tech companies and workers have moved into the valley to find greater opportunities and help diversify our economy.

Throughout the past couple of months and during the pandemic, many companies have looked for more affordable real estate, a better quality of life, and fewer pandemic restrictions.

Arya Bina is the founder of Kobe Digital, and he says that is the main reason why he moved his tech company’s headquarters from Los Angeles to Las Vegas. He says the days of our city only being a destination for gambling, resorts, and entertainment are over.

“There is enough momentum here where it is not like you are going into a place with a completely blank slate,” Bina said.

Bina says based on his predictions, Vegas will be the next big tech hub. His company is an advertising agency that helps tech industries grow. After being in Southern California for five years, he says he realized he needed a city with more opportunities.

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LeafLink – The Wholesale Cannabis Marketplace

Connecting Cannabis Businesses For Streamlined Commerce.

LeafLink, the wholesale cannabis marketplace. Empowering thousands of cannabis brands and retailers to streamline ordering and client management. Live in 27 territories across North America and manages over $4B+ in annual orders, or 42% of US wholesale cannabis commerce.

LeafLink is setting the standard for B2B marketplace technology.

It’s their mission to arm growing businesses with the tools they need. By virtualizing the supply chain, they are redefining B2B commerce – starting with the cannabis industry.

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Article curated by EarthyRealist.com staff.

The Cannabis Company Unrivaled Brands Inc. Is Expanding

The future was yesterday but don’t worry, you still have some time to catch up. Unrivaled Brands has been in the game and has been playing their cards right with their most recent business move.

Unrivaled Brands Inc., the California-based cannabis company formed by a recent merger, sees “considerable expansion opportunity” in the U.S. West, its top executive said.

The company, created in a deal between Terra Tech Corp. and Umbrla Inc., now operates in California, Nevada and Oregon. Unrivaled estimates it will have revenue of more than $70 million in 2021 and have positive cash flow in the fourth quarter, according to a statement from the company announcing the close of the deal.

Legal cannabis sales in the U.S. are expected to reach $41.5 billion by 2025, up from $13.2 billion in 2019, according to an estimate released in late 2020 from New Frontier Data.

“We are continuing to look to expand our footprint,” Chief Executive Officer Frank Knuettel II said in an email to Bloomberg News. The multistate operator is focusing on adding brands and dispensaries in the states where it already operates. “A healthy pipeline of opportunities and discussions” are already taking place, he said.

The cannabis industry is rapidly consolidating as more U.S. states move to legalize it and sales grow. Multistate operations are an important part of the equation, since federal prohibition prevents the products from crossing state lines. Prior to the closing of the merger with Umbrla, publicly traded Terra Tech agreed to acquire SilverStreak Solutions, a direct-to-consumer cannabis firm that operates in the Sacramento, California, area.

Legal cannabis sales in the U.S. are expected to reach $41.5 billion by 2025, up from $13.2 billion in 2019, according to an estimate released in late 2020 from New Frontier Data.

Unrivaled Brands starts trading Thursday on the over-the-counter market under the ticker UNRV.

Article By Adam Jackson