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Maryland Requires Dispensaries to Report Sales Tax

, 6 items in VC Firms, 3 min read

In this digest (6 items)

Maryland will require marijuana dispensaries to include a sales tax field on every transaction record in Metrc starting November 18. The field is mandatory for receipts and deliveries and transactions lacking a value will be rejected.

Key points

  • Sales tax field mandatory for sales receipts and delivery transactions in Metrc.

  • Transactions submitted without a sales tax value are automatically rejected.

Sources

FourthPower thermal battery 25 MW, 50-hour demo in Massachusetts

FourthPower is building a thermal battery system rated at 25 MW that can operate for up to 50 hours. The first demonstration unit is being constructed in Massachusetts.

Key points

  • Capacity: 25 MW

  • Duration: up to 50 hours

Sources

Rho launches LLC formation and banking in one flow

Rho launches LLC formation and banking in one flow, letting users form a company and apply for business banking together. It also enables sending invoices, paying bills, and managing cards and expenses in the same place.

Key points

  • LLC formation: form your company and apply for business banking in one flow

  • Invoices and expenses: send invoices, pay bills and manage cards and expenses in the same place

Sources

SNAP concussion test gets TIME Best Inventions 2026

SNAP is a 90-second sideline concussion test that needs no pre-injury baseline. It was named one of TIME’s Best Inventions of 2026.

Key points

  • SNAP: 90-second sideline concussion test

  • SNAP: needs no pre-injury baseline

Sources

NYU Quantum Fabrication board seats and 15% stake

NYU Quantum Fabrication gets board seats and a 15% stake of intellectual property for New Yorkers. The claim links quantum industry growth to profit sharing.

Key points

  • Board seats for New Yorkers.

  • 15% stake of intellectual property from NYU's Quantum Fabrication.

Sources

Orthogonal backs agentic commerce, Privy joins Stripe

Orthogonal receives backing for infrastructure for agentic commerce and notes Privy was acquired by Stripe. The acquisition was predicated on stablecoin growth, self-custody and rising demand.

Key points

  • Backing: Orthogonal receives support to advance infrastructure for agentic commerce.

  • Acquisition: Privy became part of Stripe, based on stablecoin growth, self-custody and increasing demand.

Sources