Cannabis Technology News

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Mon
09
Jul

These 4 marijuana stocks made the best moves in 2018 so far

Politically, at least, 2018 is turning out to be one heroic year for the cannabis industry. Canada became the first G7 nation to legalize recreational marijuana. Epidolex became the first cannabinoid medicine to earn the approval of the U.S. Food and Drug Administration (FDA). And Canopy Growth became the first cannabis company to list on the New York Stock Exchange.

At the halfway point, it is time to look at which marijuana stocks are coming out ahead. These are the four marijuana stocks with the best move in 2018 so far:

Mon
09
Jul

Legal marijuana is coming to Canada: Investors catch the buzz

Inside garage-sized containers at one end of a cavernous warehouse in a former Nestlé factory south of Ottawa are rows of marijuana plants stacked atop each other, basking in the unearthly glow of grow lights.

They belong to Hamed Asi, an Ontario businessman who calls them his “vertical farm.” He has no background in growing marijuana, or in any kind of agriculture. His other line of business is installing office furniture; cubicles, filing cabinets and desk chairs fill the opposite end of the warehouse.

Fri
06
Jul

The future of cannabis patents lies in blockchain technology

For consumers to have true product choices in the budding cannabis space, growers and breeders need to protect their intellectual property through a modernized system. As it stands, the patent application process is arduous and outdated, posing as a barrier to cannabis market entrants.

Fri
06
Jul

Jefferson University launches nation's first medical marijuana certificate programs

The programs come as more states are legalizing medicinal cannabis.

Thomas Jefferson University is launching the first university-based, graduate-level certificate programs in medical marijuana education, school officials announced on Thursday.

Studies will begin in the fall for certificates in Cannabis Medicine and Cannabinoid Pharmacology at the Lambert Center for the Study of Medicinal Cannabis and Hemp. The programs are the first of its kind.

A third certificate program – for Cannabinoid Chemistry and Toxicology – will kick off in 2019.

The programs come as more and more states legalize medicinal and – in some cases – recreational marijuana. Medical marijuana is now available in 30 states, including Pennsylvania and New Jersey.

Fri
06
Jul

Big tobacco company Imperial Brands gets into cannabis

Imperial Brands—which markets cigarettes like Kool and Winston—invested in a UK cannabis startup.

One of the world’s largest tobacco companies, Imperial Brands, has invested in UK cannabis research start-up, Oxford Cannabinoid Technologies (OCT), marking one of the first official moves of a tobacco company into the cannabis space. Details of the tobacco giant’s deal were not released to the public, but Business Insider reports that OCT raised nearly $10 million from Imperial Brands and other investors. Another major buyer into OCT was Snoop Dogg’s investment firm Casa Verde Capital.

Fri
06
Jul

Robotic cranes, genetic libraries and activated oil: How the cannabis industry is redefining hi-tech

Canada’s marijuana companies are becoming known for developing best practices for a nascent industry that, if they do it right, could leave them well-positioned to dominate around the globe.

At first blush, the Canopy Growth Corp. operation in Smiths Falls, Ont., doesn’t look especially high tech. The building is an old industrial pile that used to be a Hershey chocolate factory and it was until recently at risk of being demolished.

But today, past the tastefully decorated lobby and the biosecurity barriers, the factory’s rooms are full of bright green marijuana plants under even brighter white lights, with little irrigation hoses snaking in between the pots.

Fri
06
Jul

Malta: Gana aims to combine artificial intelligence and blockchain technology to transform the medical cannabis industry

GANA AI will be capable of clustering similar groups of mobile app users to verify a statistical hypothesis. Research data will also be acquired by GANA from surveys, labs, communities, and academic sources and inputted into the GANA AI. Data will be hashed and posted to the Ethereum blockchain for assurance of data integrity.

Hashed data also allows for the tracking and identification of corrupted or malicious data, allowing for transparent, third-party auditing of GANA AI's network performance and accuracy.

Fri
06
Jul

Canadian marijuana stocks with the best supply agreements

Bill C-45, the marijuana legalization bill, has been passed by a Senate vote of 52-29, and now is in the process of royal assent before becoming law. Canadians are expected to be able to legally consume recreational cannabis on October 17, 2018. The Canadian marijuana stocks we have identified today could continue to see strong returns as they have secured numerous supply contracts for the recreational market. These agreements guarantee cannabis producers with steady and secured revenue streams beginning on the first day of legalization.

Thu
05
Jul

Canada: This new cannabis app has a loyalty engagement program

Shawn Moniz, CEO and co-founder of Cannvas MedTech Inc., a business technology company focusing on the legal cannabis space, is hoping to help patients and health care practitioners worldwide.

“Cannvas evolved from a need and ability to use technology and data to disrupt the status quo and become game changers in today’s global markets,” the company stated in a press release earlier today.

The platform is patient-centric and education-focused, catering to both the medical and recreational cannabis markets. By gathering unbiased data that is backed by physicians, research, and consumers, Moniz wants to end cannabis stigma and encourage people to have informed conversations with their doctors.

Wed
04
Jul

What will drive the growth for cannabis stock Cronos Group

Canadian cannabis stock Cronos Group (NASDAQ: CRON) (TOR: CRON.TO) has had a relatively mixed performance over the last few months, with its stock falling from over CAD 11 in early January to levels of about CAD 8.50 currently, due to relatively disappointing Q1 results and likely some profit booking, after the stock soared by 5x last year.

While marijuana stocks, in general, face many risks as the organized market for marijuana is still in its infancy, there is significant scope for earnings growth in the industry. Below, we take a look at some of the trends that could drive the performance of Cronos Group and the broader Canadian marijuana industry going forward.

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