Cannabis Technology News

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technological
tech
technology
Thu
21
Jun

Colorado offering MMJ research grants, for autism, opioid prevention and more

Clinical trials that study medical marijuana are few and far between because of the plant's federally illegal status. Colorado has been the rare exception to that rule, thanks to the passage of Amendment 64, and now the Colorado Department of Public Health and Environment hopes to expand on the state's nine currently funded MMJ studies by offering nearly $3 million more in grants for qualified research efforts.

Thu
21
Jun

Thrive Agritech, Leading LED Horticulture Lighting Innovator, Secures $2 Million Capital Injection

Latest investment round, led by New York-based Rose Capital, to accelerate adoption of Thrive’s unique lighting technology into global horticulture market

New York, NY (April 27, 2018) – Thrive Agritech, Inc., a technology company focused on leading innovations in LED horticulture lighting (“Thrive”), today announced that it has received an additional $2 million in equity capital to accelerate the development and deployment of its LED technology in controlled environment agriculture. The investment round was led by Rose Capital, a New York-based institutional investor. In conjunction with the investment round, Rose Capital has also joined Thrive’s Board of Directors.

Thu
21
Jun

Oregon marijuana growers turning to hemp as CBD extract explodes

A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet, one that doesn’t come with a high.

Applications for state licenses to grow hemp, marijuana’s non-intoxicating cousin, have increased more than twentyfold since 2015, making Oregon No. 2 behind Colorado among the 19 states with active hemp cultivation. The rapidly evolving market comes amid skyrocketing demand for a hemp-derived extract called cannabidiol, or CBD, seen by many as a health aid.

Thu
21
Jun

The latest in cannabis research: Summer 2018

The pace of cannabis research continues to escalate as we’ve hit midway through 2018. 

Perhaps unsurprisingly, cannabidiol (CBD) continues to be a hot topic in medicine. Here are five medical research studies from the last quarter that made particularly important strides.

Studies at a Glance:

Wed
20
Jun

A higher calling: How Israeli marijuana research changed the world

As much of the world debates how to address marijuana use, the vast majority of American states have legalized it or allow it for medical purposes. Global pharmaceutical companies and hospitals seeking effective treatments using cannabis should look to Professor Raphael Mechoulam, a scientist at Hebrew University. Mechoulam, a pioneer in the field, was the first to isolate, analyze and synthesize the major psychoactive and non-psychoactive compounds in cannabis and has developed a number of revolutionary marijuana-related treatments. 

Tue
19
Jun

Social cannabis use areas: If weed really were treated like alcohol

Advocates of Denver's first social cannabis use initiative haven't been shy about their disdain for the city's implementation of the voter-approved measure. After Initiative 300 won in November 2016, it took nearly a year for the city's task force to come up with regulations, and under those rules only one business has been approved so far.

Tue
19
Jun

Nation's only federally authorized grower provides marijuana for research community

With 29 states and counting currently allowing medical marijuana, research on new and better usages is becoming increasingly important.

Much of the research community relies on the University of Mississippi, the only federally authorized grower of marijuana, under a contract with the National Institute of Drug Abuse, to supply the plant material needed to continue exploring medicinal marijuana research.

Tue
19
Jun

As consumer demand for marijuana increases lab testing will become increasingly essential

The lab testing market is one of the most overlooked opportunities within the marijuana industry and we are favorable on this vertical of the business. Demand for marijuana continues to increase, and these products need to be tested by a licensed lab before being sold to consumers.

Demand for legal marijuana will only increase as new marijuana markets open and as existing markets mature. In January, California’s recreational marijuana market opened, and this led to a significant increase in demand for marijuana. These types of developments are catalysts for lab testing companies and we have been monitoring this sector.

Mon
18
Jun

Canada: From marijuana beer to pot cookies, Canadian companies creating cannabis edibles

Beer brewed with marijuana, baking mixes concocted to bring out the unique flavours of cannabis oil and good, old-fashioned pot cookies: Canadian companies are creating them all, but it’s unclear when stores will legally be able to stock the edibles for recreational users.

Instead, business owners have been getting creative to manufacture, refine and sell their products.

Ottawa has pledged that recreational marijuana will become legal sometime this year and the Senate recently approved the pot legalization bill. But the federal government has said the sale of edible cannabis products will not be legal immediately.

That hasn’t stopped Canadian companies for entering the market.

Mon
18
Jun

Canada: AgMedica Bioscience Inc. Granted Sales Amendment for Riverview Cultivation Facility

CHATHAM, ONTARIO - June 15, 2018 – AgMedica Bioscience Inc. ("AGMEDICA" or the "Company") is pleased to announce that Health Canada issued an amended licence to AGMEDICA to permit sales of dried medicinal cannabis products from its Riverview Cultivation Facility in Chatham Ontario.

This is another critical milestone in the growth of AGMEDICA. The expedited nature of the sales amendment comes 12 months after construction started and just 6 months after being granted their cultivation licence at the Riverview Facility. These significant achievements accelerate the timeline to revenue generation and are a direct result of the dedication and efforts of the entire team.

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