Cannabis Technology News

Federal regulations that bring extra taxes to marijuana businesses and make it harder to conduct research could soon go up in smoke. The U.S. Justice Department formally moved to reclassify marijuana from a Schedule I drug alongside heroin and moved it to a Schedule III drug, aligning it with drugs

Move over, alcohol, Marijuana is now America’s choice. A recent National Survey on Drug Use and Health revealed that more Americans are toking up daily than cracking open a cold one. It’s a historic shift, fueled by widespread legalization and the persistent belief that weed is the “healthier”

The Lower Sioux Indian Community in southwest Minnesota is using hempcrete to address the community's housing and job needs. After a decade of research and consulting some of the best hempcrete industry experts in the world, the Lower Sioux Indian Community in Minnesota is providing jobs and

Proposed Hemp Regulations Threaten Illinois Craft Breweries' THC-Infused Beverage Sales. After watching sales of their new THC-infused beverages explode in recent months, Illinois’ craft beer makers are worried proposed regulation could zap their newfound revenue stream. The state’s craft beer

New Jersey's Cannabis Market Thrives with Significant Growth in Pre-Roll Segment. The New Jersey cannabis market has experienced remarkable growth, particularly in the pre-roll segment, which saw an 8% increase in sales, reaching $25.5 million in the last quarter of 2023. This growth is part of a

Central New York Nursing Home Operator Lets Marijuana License Expire Amid Market Uncertainties. Early last year, an affiliate of Central New York’s largest nursing home operator was awarded the region’s first conditional license to sell legal recreational marijuana. Now, that health care agency

Cannabis Stocks Surge on DOJ's Proposal to Reclassify Marijuana. The Department of Justice’s push to reclassify marijuana as a Schedule III drug Thursday provided an immediate jolt on Wall Street for a group of publicly traded cannabis companies, as the Biden administration moves to drastically

Sunderstorm's KANHA Brand Expands into Japanese Market with New Wellness Lines. Sunderstorm, the company behind award-winning cannabis brands, has secured strategic partnerships to launch new wellness lines in Japan. KANHA will now have a presence in two major Asian markets, Japan and Thailand, as

The key to taking on legacy players in the financial technology industry may be to go where they have not gone before. That’s what Chicago-based Aeropay is doing. The provider of pay-by-bank solutions for businesses started out helping cannabis retailers and gaming companies with their payments and

Hemp-derived cellulose offers superior absorption and eco-friendly solutions. The manufacture and discard of traditional superabsorbent materials — typically made from synthetic polymers, primarily polyacrylate-based compounds — are affecting the planet. Purdue University researchers are developing

Standard credit card transactions remain elusive but some smaller banks have waded in. When Ellis Soodak was planning the launch of Verdi Cannabis dispensary in New York City, he didn't want to face the dangers his father did at the family's liquor store in the 1970s and 80s. Back then, many credit

Potential Rescheduling of Cannabis Sparks Optimism for Medical Research Funding. The U.S. pot sector could see an influx of medical research funding from healthcare investors amid renewed interest from pharmaceutical firms, should a proposal to reclassify cannabis as a lower-risk substance be