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Cannabis Technology News

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Fri
07
Oct

Amazon, Supporter of Cannabis Reform, Continues To Ban Grinders

Grinder sellers are tired of getting dropped after being flagged by Amazon algorithms.

On one hand Amazon, the world’s largest retailer, openly supports specific pieces of cannabis legislation for reform and allows unregulated employees to consume cannabis on their own time. But on the other hand, harmless accessories like grinders are inconsistently flagged and banned from the platform, sending mixed messages, as Harris-Bricken’s Canna Law Blog pointed out.

Fri
07
Oct

Study: Hemp-Derived CBD Gel Caps Effective in Older Patients with Spinal Stenosis

PHILADELPHIA - Older patients with lower back and leg pain due to chronic spinal stenosis experience statistically significant improvements following the use of hemp-derived CBD gel caps, according to data published in the journal Cureus. 

Researchers affiliated with Thomas Jefferson University in Philadelphia assessed the efficacy of the twice-daily administration of hemp-derived CBD gel caps (15mgs) in a cohort of 48 patients (mean age: 75) with spinal stenosis.

Fri
07
Oct

New cannabis law presents opportunities, challenges for Farms

farm minnesota

Thanks to a significant change in the law, the Eden Prairie-based Peterson Farms can now add THC-infused food and beverages to Verist, its full line of farm-crafted CBD remedies.      

This new law took effect on Aug. 1 and allows the sale and consumption of certain THC-edible products to those age 21 and older. The product must contain no more than five milligrams of THC in a single serving and no more than 50 milligrams of THC per package.

The Petersons maintain their vertical or “farm to table” business model with Verist. They grow the hemp, harvest it, turn it into finished consumer products and sell those products to retailers and consumers.

Fri
07
Oct

Biden offers pardons for pot possession, signals deeper reform for U.S. Cannabis laws

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Biden offers pardons for pot possession, signals deeper reform for U.S. cannabis laws.

WASHINGTON - President Joe Biden is pardoning people convicted under federal law of possessing marijuana — and signalling that he’s willing to revisit whether cannabis should remain a controlled substance in the United States.

In a pre-recorded video released unexpectedly Thursday by the White House, Biden announced three key steps that he is taking “to end this failed approach” to cannabis laws in the U.S.

In addition to the pardons, which could affect more than 6,500 people with federal convictions, Biden said he wants governors to consider a similar move at the state level, where the numbers are vastly higher.

Thu
06
Oct

Medical Marijuana could help end the opioid crisis, study says

AVALON - A new report out of Florida argues medical marijuana can contribute mightily to ending the U.S. opioid crisis.

Researchers believe medicinal cannabis can serve as a viable pain management alternative to opioids. After surveying thousands of people, study authors report patients using medical marijuana were in less pain and functioned better both physically and socially.

Additionally, and perhaps most importantly, the study also notes the majority of those who took oxycodone, codeine, or another opioid for pain were able to stop or reduce their opioid use by switching to medical cannabis.

Wed
05
Oct

Delta-8, Delta-9, and Delta-10: How do they tie into the Cannabis debate?

cbd

NASHVILLE - LabCanna sells several THC products in Nashville, like Delta-8, Delta-9 and Delta-10.

THC, or tetrahydrocannabinol, is a substance derived from the cannabis plant that primarily attributes to the “high” feeling when consumed in a product.

Delta-9 THC is the cannabinoid most associated with cannabis while Delta-8 and Delta-10 are essentially the less-potent cousins of Delta-9.

“Delta-8, a little bit less, is about 70% as potent as Delta-9,” LabCanna CEO Derek Besenius said. “Then Delta-10 leans more toward the energy, creative, focus side of things.”

Wed
05
Oct

Driving high? Chemists make strides toward marijuana breath analyzer

A UCLA chemist and colleagues are now a step closer to their goal of developing a handheld tool similar to an alcohol Breathalyzer that can detect THC on a person's breath after they've smoked marijuana.

In a paper published in the journal Organic Letters, UCLA organic chemistry professor Neil Garg and researchers from the UCLA startup ElectraTect Inc. describe the process by which THC introduced, in a solution, into their laboratory-built device can be oxidized, creating an electric current whose strength indicates how much of the psychoactive compound is present.

Tue
04
Oct

StateHouse Cannabis Legacy Brands now available via this wholesale Marijuana network

warehouse

Cannabis wholesale platform Nabis announced an exclusive distribution partnership with California powerhouse Statehouse Holdings Inc. (Benzinga)

As a part of the deal, StateHouse will leverage Nabis’ seamless logistics and warehousing capabilities in tandem with its unparalleled marketplace technology enabling brands to communicate directly with wholesale buyers and track key data such as purchasing trends.

Mon
03
Oct

Marijuana Banking has grown quickly. Here’s a look at Who’s Who

banks

Power brokers - I spoke to half a dozen investment bankers about how their firms work in the cannabis space in terms of what they’re able to advise on — and what they’re not — and what trends they’re seeing in deal-making.

Let’s break it down bank by bank. 

Cowen

New York-based Cowen’s first cannabis-related transaction was the 2013 initial public offering of GW Pharmaceuticals on the Nasdaq. The firm in 2014 hired research analyst Vivien Azer, who co-founded the cannabis practice alongside banking Managing Director Gavin O’Reilly, a 19-year Cowen veteran.

Mon
03
Oct

Is Dark CBD the newest trend in Cannabis products?

There’s a new cannabis extraction method called dark CBD. This method was created to add more diversity to the already diverse cannabis market.

Since the 2018 Farm Bill Act, hemp has thrived, increasing demand for cannabidiol and other hemp-derived cannabinoids. Products, including tinctures, edibles, vape supplies, and tablets, are easily accessible. But not every product is made equally. Additionally, the isolation or extraction processes for some CBD products cause part of their potency to be lost.

The dark CBD extraction adds vitamins, flavonoids, and other phytonutrients that are naturally present in hemp but are lost during the refining process. It is an unprocessed variation of the usual extractions.

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