Cannabis Technology News

New Jersey Considers Allocation of Social Equity Tax Revenue from Cannabis Sales. As the state mulls how to spend the revenue generated from a social equity tax on cannabis, marijuana advocates say they want more funding for business programs, investments in communities hurt by the war on drugs, and

Aurora Cannabis Faces Uphill Battle Despite Strategic Moves Towards Recovery. Aurora Cannabis shares have plummeted by over 95% in the past three years due to low demand and operational inefficiencies. The company's sales performance has declined, and its core medicinal marijuana market in Canada is

Organigram's Strategic Investment in Open Book Extracts: A Key Move in US Market Expansion. Organigram’s strategic investment in Open Book Extracts signals a significant push into the US market, highlighting its international expansion ambitions. The partnership with Open Book Extracts allows

Mike Tyson Launches Cannabis Edibles Shaped Like Nibbled Ears. Tyson's 1997 bout against Holyfield, the second time they had met in the ring, became known as The Bite Fight following Iron Mike's act of partial cannibalism. Former world heavyweight boxing champion Mike Tyson is hoping to deliver a

LiveWire, the Harley-Davidson electric vehicle division, released a new cruiser with parts made from hemp. What’s the most unique aspect of the recently unveiled S2 Mulholland electric performance cruiser released by LiveWire, Harley-Davidson’s electric division? Some of its major components are

Germany's Cannabis Legalization Spurs Stock Surges and Industry Expansion Plans. Last week, Germany’s upper house, the Bundesrat (made up of federal state delegates), passed legislation to legalize cannabis starting April 1, 2024, but with limitations. The move prompted several cannabis stocks to

Bio-based composites were winners of this year's JEC Composites Innovation Award, including a snowboard made from hemp tapes from Fuse GmbH. In the reinforcement of composites, natural fibres are becoming increasingly important as an efficient, sustainable alternative to synthetic high-performance

Under Amazon’s current regulations, CBD product sales are not technically allowed, though that doesn’t stop suppliers from selling them anyway. A new analysis shows that more often than not, consumers aren’t getting what they pay for. In the midst of blossoming cannabis and CBD reform throughout the

Vice President Harris Urges DEA Action on Marijuana Rescheduling Amidst Growing Market Optimism. In a White House meeting, Vice President Kamala Harris this week urged the DEA to expedite the rescheduling of marijuana, criticizing its current Schedule 1 classification as "absurd" and "patently

US Cannabis Stocks Rally As VP Calls On DEA To Come To Rescheduling Decision ‘Quickly’, Amid More Rumors Of Imminent Decision. US cannabis stocks rallied on Friday after Vice President Kamala Harris called on the Drug Enforcement Administration (DEA) to come to a decision on cannabis rescheduling

California's Wild West of Weed: Navigating the Potent Hemp Market Without Regulations. In 2016, Californians voted to legalize cannabis products, limiting the buzz factor of products like edible gummies down to the milligram and restricting their sales to adults-only dispensaries. But so much for

Western South Dakota's first medical marijuana testing facility is opening in Rapid City. Triverty Analytical will conduct compliance testing for the state’s cannabis industry, to test the potency of medical marijuana and to scan for contaminants like pesticides or heavy metals. Officials with the