Cannabis Technology News

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Tue
08
May

Strainprint Closes USD$3 Million (Cdn.$3.8M) Series A Funding

Strainprint Technologies — the leader in cannabis data and analytics is pleased to announce the closing of a USD $3 Million (Cdn.$3.8 Million) non-brokered, Series A private placement.

The round was led by strategic industry investor, Cesare Fazari, Chairman of Molecular Science Corp and seed investor of leading cannabis companies, Ample Organics and Hydropothecary.  

Mr. Fazari will also join Strainprint’s Board of Directors and will play an active role in strategic business development. The round also includes a significant follow-on investment from NY-based, Core Strain Ltd., as well as participation from a number of Toronto-based capital funds.

Tue
08
May

Is vaping cannabis safer than smoking?

The topic of whether vaping is safer than smoking cannabis has more questions than answers. Depending on whom you ask, the answers will vary widely. Experienced users tend to prefer smoking cannabis in deep breaths compared to vaping, writes Joseph Lama. But is this the healthier way of consuming cannabis?

More people prefer vaping to smoking.

Tue
08
May

What South African businesses need to know about cannabis oil

In March 2017, Justice Dennis Davis handed down a judgment in the Western Cape High Court that declared sections of the Drugs and Drug Trafficking Act, invalid and unconstitutional.

Specifically he took issue with the provisions that prohibit private and personal use of dagga at home as a violation of the right to privacy.

Fri
04
May

Canada: Ontario awards $300,000 research grant to help develop the world's first beer brewed from cannabis

The Ontario government has contributed $300,000 to help a Toronto company work with Loyalist College in Belleville to develop what it says will be the world’s first beer brewed from cannabis.

The joint project will create a beer that is “highly intoxicating” but safer and healthier than alcohol, says Province Brands of Canada. The company chipped in $300,000 in cash and in-kind services.

Province Brands joins cannabis industry giant Canopy Growth Corp. in Smiths Falls in betting that drinks will become a dominant way that Canadians consume their marijuana when it’s legal. 

Fri
04
May

These 4 cannabis stocks are redefining banking

Bitcoin and other cryptocurrencies have changed consumer’s relationships to banking and money. In an interesting twist, the cannabis industry, which faces serious banking issues, is leaving its mark on the financial sector. Countries like the United States with banking restrictions and in some cases prohibitions for cannabis transactions have made it difficult for these very businesses to handle money seriously.

Most marijuana stocks have to resort to cash only transactions which present challenges for businesses and consumers. While some may view these challenge as a barrier to entry to the cannabis stock market, others have converted those challenges to produce innovative solutions for high-risk businesses like cannabis.

Fri
04
May

Beyond THC and CBD: Meet the new cannabinoids on the block

Extraction tech is advancing, and the cannabis industry is just starting to discover and isolate the numerous cannabinoids found in the plant besides THC and CBD. Could delta-8 be the next hot trend?

Age-reversing eye creams packed with scientifically-selected cannabinoid ratios. A diet pill made from weed. Dabs that will never get you too baked.

This is what the future of cannabis looks like.

As the rest of the world catches up to CBD – one of the many compounds in cannabis that doesn't get us high – extraction specialists are delving deeper into the plant's chemistry by siphoning troves of lesser-known cannabinoids and infusing them into novel products.

Fri
04
May

Cannabis businesses are required to properly manage cannabis waste

2018 is an exciting time for the cannabis industry.

As you know, California is now a recreational state.

While it’s definitely a good thing, it’s not easy on our state and local authorities. Many new regulations are being implemented and enforced on a regular basis. One regulation that most cannabis businesses owners often overlook is the management of cannabis waste.

What is Cannabis Waste?

As defined by the California Code of Regulations Title 16 Division 42. Bureau of Marijuana Control, Chapter 1; Cannabis waste means any waste that is not hazardous that contains cannabis and has been made unusable and unrecognizable.

Fri
04
May

How one researcher accidentally invented a “breathalyzer” test for weed

As recreational marijuana is increasingly legalized in U.S. states, police departments have been looking for a simple means of identifying if a driver is impaired — something akin to the breathalyzer tests that quickly measure blood alcohol levels, but for cannabis.

One woman says that she has the answer — and detecting people driving while high could be as easy as looking into a camera.

Thu
03
May

Canada: It’s high time for a new reality for cannabis

Early this April, Future Farm Technologies (CSE:FFT) (OTCQX:FFRMF) announced a private placement of over $2 million for their augmented reality company. Yes, you read that correctly – augmented reality. Future Farm is developing a new kind of reality for cannabis, and Nextech AR Solutions is providing the foundation.

The cool $2.7 million will be invested in this new tech subsidiary, which is expected to start trading publicly by June of this year.

Thu
03
May

More businesses are mellowing out over hiring marijuana smokers

FPI Management, a property company in California, wants to hire dozens of people. Factories from New Hampshire to Michigan need workers. Hotels in Las Vegas are desperate to fill jobs.

Those employers and many others are quietly taking what once would have been a radical step: They’re dropping marijuana from the drug tests they require of prospective employees. Marijuana testing — a fixture at large American employers for at least 30 years — excludes too many potential workers, experts say, at a time when filling jobs is more challenging than it’s been in nearly two decades.

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