Cannabis Technology News

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technology
Tue
14
Apr

North Carolina Vets Organize to Put Medical Marijuana Use on State GOP Platform

NEW YORK (MainStreet) -- Military veterans in North Carolina, especially around Fayetteville, a center of both active military personnel and vets, are now organizing to put marijuana legalization on the state's GOP platform.

Tue
14
Apr

This New Study Is Bad News if You're a Marijuana Supporter

Marijuana legalization may not be a top priority of Congress or President Obama, but the American public is certainly doing its best to make it apparent that marijuana is an important issue.

We've seen a complete transformation of the American public's opinion of marijuana and even individual state law over the past two decades. What once was an illegal substance in all 50 states is now legal from the aspect of medical purposes in 23 states, and legal from a recreational, adult-use standpoint in four states.

Tue
14
Apr

Is crowdfunding the new tech bubble? Or just a good old-fashioned junk bond?

Despite the headline, I’m a proponent of crowdfunding and believe it can bring innovative ideas to market. Fundamentally, I feel that new forms of financing provide additional access to much-needed capital and bring healthy competition to the lender market, benefits that all entrepreneurs and inventors can appreciate.

Mon
13
Apr

Fred Gross and Cannafundr Raising Cannabis Capital

Every industry is only as strong as the connection between the capital needed to grow and maintain it, and the companies themselves, who allocate that capital to expand new markets, lower costs, add services and improve product offerings. In most industries, this flow has had decades to form distinct, reliable channels. Not so in cannabis, which is still forced to fumble its way through muddy waters in this stage of its life cycle. Companies that touch the plant cannot get corporate bank accounts, let alone pitch themselves to the mainline Wall Street set.

Mon
13
Apr

Virginia plants seeds for new hemp industry

RICHMOND, Va. — When people think of hemp, marijuana often comes to mind — because the two plants are varieties of cannabis.

But hemp has a variety of uses, from making textiles and building materials to feeding livestock. The settlers at Jamestown grew hemp. So did George Washington and Thomas Jefferson. In the 1940s, Henry Ford reportedly built a car body of hemp fiber and ran it on hemp oil.

In the 1950s, however, the United States banned hemp because of its association with marijuana. That prohibition has remained in effect — until now.

Virginia soon will legalize the growing of industrial hemp under legislation passed by the General Assembly and signed into law by Gov. Terry McAuliffe.

Mon
13
Apr

Should You Buy Marijuana Stocks Right Now? A Legal Expert Weighs In

A recent report by The Arcview Group showed that legalized marijuana is now the fastest growing industry in the U.S., posting a whopping 74% growth rate in 2014. Despite a widespread movement to legalize marijuana for both medicinal and recreational purposes across the country, though, the industry still faces some serious challenges on the legal front that investors need to understand. 

So, to give investors a deeper look at some of the more pressing legal issues, I spoke with a leading expert on medical marijuana, Aaron Lachant -- an attorney with the healthcare specialist law firm Nelson Hardiman LLP.

Mon
13
Apr

MassRoots app earns first IPO for marijuana industry

Weed has gone public.

A social network platform for cannabis users, MassRoots, on April 9 secured the first initial public offering for any company with ties to the marijuana industry. The 2-year-old Denver-based startup is valued at $45 million, with stock now traded publicly through the OTC Markets Group marketplace at 10 cents per share.

Mon
13
Apr

Will Big Tobacco become Big Marijuana?

DENVER — While federal law makes their entire industry illegal, many marijuana store owners, growers and retailers fear something completely different: Big Tobacco.

Today, most legal recreational marijuana operations are small, limited to a single state and barred from ever getting large by regulators who want to keep a close eye on the fast-growing industry. But those small operators struggle to get bank loans for expansion, often produce an inconsistent product and sometimes have no idea how to balance supply and demand for their crops.

Mon
13
Apr

How Silicon Valley Got Behind This Marijuana-Delivery App

 

The Uber of medical cannabis delivery has arrived, and the venerable accelerator Y Combinator has given its rubber stamp of approval. Meadow, a San Francisco-based startup, allows card-holding medical marijuana patients to browse different types of cannabis from nearby dispensaries and place an order, and within an hour the goods will be delivered to the patient's door.

If you don't have a medical marijuana card, you can schedule an in-home consultation with one of the doctors Meadow has partnered with and get a recommendation to use medical cannabis.

Mon
13
Apr

Gatineau firm newest player in medical marijuana production

A Gatineau-based company is the newest player in Canada's medical marijuana market. Hydropothecary is licensed to grow the plants; now it's hoping within weeks to get the green light from Health Canada to start selling it. The facility is on an 80-acre farm along the Outaouais River in Gatineau.  For decades, the owner of the farm in rural Gatineau has been growing potted plants on his 80-acre farm.  Now, Louis Gagnon is focusing just on "pot". Gagnon has teamed up with two brothers-in-law, Sébastien St-Louis and Adam Miron.  Their company Hydropothecary has purchased his land to build a massive 35-thousand square foot greenhouse for medical marijuana.

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