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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 Liongard has fresh funding to work with. Photo via Getty Images

A Houston software company has announced its latest funding.

Liongard, an IT software provider, has raised an additional $10 million led by Updata Partners with contribution from TDF Ventures — both existing investors in the company. The funding, according to a news release, will go toward providing the best customer service for Liongard's growing customer base.

The technology is providing managed service providers, or MSPs, improved visibility across the IT stack and an optimized user experience.

“Since working with our first MSP partners, we’ve seen time and again the power of visibility into IT data, reducing the time they spend researching customer issues and allowing them to respond faster than their peers,” says Joe Alapat, CEO and co-founder of Liongard, in the release. “This investment enables us to continue to achieve our vision of delivering visibility into each element of the IT stack.”

The company has about 2,000 partners in support of more than 60,000 end customers. And has been recognized as a top employer by Forbes and Inc. magazine earlier this year.

“We are excited to deepen our commitment with Liongard,“ says Carter Griffin, general partner at Updata, in the release. “With its leading data platform for MSPs we expect continued fast-paced growth.”

Liongard's last funding round was in May of 2020 and was a $17 million series B round. Both Updata Partners and TDF ventures were involved in that round. The company's total funding now sits at over $30 million.

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