Business Notes: Gaithersburg Marijuana Business Raises Millions in Funding; Montgomery County Chamber Hands Out Business Awards
Plus: Monumental Sports announces livestream video game partnership
Green Leaf Medical logo via Green Leaf website
Gaithersburg medical marijuana business raises more than $6 million in funding
Green Leaf Medical has plans to grow. The medical marijuana business this month closed a second round of venture capital funding after taking in $5.89 million. The latest haul comes after the budding business brought in $1.6 million in March, according to the Washington Business Journal. Green Leaf is one of 15 companies in the state awarded licenses to grow medical marijuana and is constructing a facility in Frederick capable of growing up to 5,000 plants at a time, according to the report. The business plans to use the funds to expand its operations into Pennsylvania and Ohio. It was started by local entrepreneur Philip Goldberg, a founding member and the current president of the Maryland Cannabis Industry Association.
Montgomery County Chamber of Commerce recognizes award winners
The county business group handed out five awards to local leaders at is annual “Constellation of Stars” dinner on Tuesday night. Martine Rothblatt, CEO of Silver Spring-based United Therapeutics, received the Visionary of the Year award; Montgomery College President DeRionne Pollard received the Public Sector Partner of the Year Award; state Del. Anne Kaiser was honored as the legislator of the year; former Lockheed Martin Co. CEO Norman Augustin received the Business Advocate of the Year Award and David Nguyen, founder and CEO of Rockville-based United Solutions, received the Chairman’s Award.
Newly elected chamber board members were also sworn in at the event. Dusty Rood, CEO of Rodgers Consulting, is the group’s new chair and Leslie Weber, who handles Montgomery County community affairs for Johns Hopkins University, was sworn in as the chair-elect.
Bethesda Softworks partners with Monumental Sports to livestream video games
Rockville-based video game company Bethesda Softworks is partnering with Ted Leonsis’ Monumental Sports, the owner of the Washington Wizards and Capitals, to livestream games of Bethesda’s new Quake Champions game Wednesday at the E3 video game conference in Las Vegas. The livestream at the well-known industry conference is being provided to viewers for free and is part of Monumental’s recent effort to expand its coverage of competitive video games. In September, Leonsis partnered with Peter Gruber, a co-owner of the Golden State Warriors and L.A. Dodgers, to purchase a controlling interest in the competitive video game squad Team Liquid. The team is competing in the Quake Champions competition at E3 on Wednesday and is scheduled to start playing at 1:15 p.m.
Quake Champions is a fast-paced, first-person shooter video game scheduled to be released by Bethesda on Windows computers later this year.