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Recent legislation brings budding CBD and hemp convention to Houston this fall

CBD is becoming a booming business in Boomtown. CBD American Shaman

Look out, California and Colorado. The recent passing of Texas' House Bill 1325 means that the Lone Star State is now poised to be the largest hemp-producing state in the nation.

To wit: Texas already boasts more than 1,500 licenses and more than 1,100 lot permits already issued, making the state a major hemp hub.

So it's fitting that a budding new convention centered on all things hemp and CBD and hemp will head to Houston. The Lucky Leaf Expo will run November 5-6 at NRG Center, organizers announced.

Attendees can look forward to more than 120 exhibitors, more than 40 speakers, panels, and more. "Cooking with Cannabis" demos promise to be an interesting draw.

Planners also plan to fire up a pre-show Cannabis Business Crash Course.

Tickets can be purchased online and at the convention center during the event.

"We have a diverse array of exhibitors in every channel of the CBD/hemp industry that specialize in the sale of seeds, CPAs, attorneys, accountants, processors, manufacturers, soft gel companies, to help get you started for your business," Chad Sloan of Lucky Leaf Expo noted in a statement.

As Forbes pointed out last year, after being legalized in 2018, hemp is already one of America's top ten agricultural crops. CBD is now a $2 billion industry: Its medical applications are booming; food products also promise to be huge.

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This article originally ran on CultureMap.

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Building Houston

 
 

Houston-based HighRadius has launched a new platform. Photo via Getty Images

Houston-based HighRadius — which recently hit $1 billion valuation, reaching unicorn status — has launched a new learning platform.

Highako Academy by HighRadius, launched the platform to help credit and collections teams build certain skills faster. Highako features over 650 expert-led videos, community forums, and resources. The new on-the-job training platform, which announced its launch this week, is used by more than 2,800 companies, according to a press release.

"Our customers have asked us for an online self-service learning platform, and that led us to launch highako.com as a beta platform last year," says HighRadius COO Urvish Vashi in the release. "With 10,000+ users on the platform and a vibrant partner ecosystem consisting of credit groups, collection agencies, attorneys and industry associations, we see this echoing a larger trend of millennials and Gen Z gravitating towards microlearning platforms."

In honor of the launch of Highako Academy, the organization has announced plans for Credit SkillCon '21, a lunch-and-learn event from June 16 to July 20. The 53 live workshops, panel discussions, and on-demand sessions will focus on topics including negotiations, credit risk assessment, bankruptcy litigation, collections strategy and more. .

"We continually hear from members about wanting more and different educational options," says Jon Flora, president and CEO of NACM Business Credit Service. "The last year has changed much about how we answer this call, and now we have a solution. We are the first NACM affiliate to partner with Highako Academy."

HighRadius and its AI-powered SaaS technology, which streamlines accounts-receivable and cash-management processes, are growing fast. The company, which processes over $2.23 trillion in receivables transactions annually, per the release, raised $300 million in March. At the time of that raise, HighRadius, founded in 2006, employed more than 1,000 people around the world — and was hiring.

"Our goal has always been to build a long-lasting business that outlasts all of us," Sashi Narahari, founder and CEO of HighRadius, said in the news release. "I look forward to working with [our] high-quality, long-term investors, who share a common vision of transforming the office of the CFO using a combination of artificial intelligence built on top of connected-finance workspaces and embedded analytics."

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