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Cannabis Technology News

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Tue
30
Aug

THCV: The Fusion of two 21st Century Billion Dollar Industries

wright loss

lt will be interesting to see how Big Pharma will react if science proves beyond reasonable doubt that THCV is both safe and effective in reducing weight.

Weight loss is a billion-dollar industry that has Americans spending a staggering $33 billion each year on products. While the estimated value of the industry was $250 billion in 2021, the nascent cannabis industry was valued at $13 billion in the same year and is gunning for the $100 billion mark. Will the new cannabinoid tetrahydrocannabivarin (THCV) help to get it there?

THCV is one of the numerous phytocannabinoids that are present in cannabis sativa. As much as it bears structural similarities to the psychoactive cannabinoid THC, the two are different in many ways.

Mon
29
Aug

Can You Freeze Weed?

freezer

When properly stored in a freezer, the degradation process of cannabis almost stops entirely. However, there are some things you should know before you do this.

When cannabis is dried and cured, its potency is at its highest. Over time weed loses its potency, especially if exposed to light and heat. Many different methods have been developed to keep the potency of cannabis from degrading. One of these methods is storing weed in the freezer.

If you buy bulk cannabis and/or harvest a healthy supply of homegrown cannabis you might find yourself looking for ways to maintain its potency. Freezing weed may be an option for you.

Mon
29
Aug

Financial entities seek to expand California Cannabis banking efforts

cali flag

Abaca, a financial platform for cannabis operators, and Pacific Valley Bank are partnering as a means of expanding cannabis banking access within the California market.

This marks the first time since California legalized medical marijuana 26 years ago that legal operators in the industry have access to such a combination.

“Many operators across the state have been let down by unsophisticated, unreliable, and unnecessarily burdensome banking solutions,” Abaca CEO Dan Roda said.

“Now, operators have access to the best of both worlds – the human touch of a California community bank with a deep understanding of the unique needs of the market and the powerful technology of a financial platform that enables operators to seamlessly manage their finances online.”

Fri
26
Aug

Cannabis drinks market value set to grow by US$8.3 billion in 2032

green beer

The global cannabis drinks market is set to grow by a value of $8.3 billion in 2032, with a compound annual growth rate (CAGR) of 37.3%, according to Future Market Insights.

Cannabis is becoming more commonly used in various markets across the world to treat a variety of illnesses, including neurological disorders, epilepsy, cancer, and pain management. Cannabis consumption has also been fully legalised for recreational use in 19 US states, and the drug is gaining traction within health-conscious communities.

Demand for cannabis drinks is predicted to rise as a result of legalisation of recreational or medicinal cannabis.

The cannabis drinks market is worth of US$ 0.4 billion sales in 2022 and expand at CAGR of 3% between 2022 and 2032.

Fri
26
Aug

Medical Cannabis Market to Generate USD 54.34 Billion Globally by 2029

Cannabis is now approved for treating various ailments, including restlessness, muscle tightness, persistent discomfort, and the reduction of vomiting and illness caused by chemotherapy.

The majority of businesses are making rapid progress in their research into the potential of therapeutic cannabis and hemp.

Fri
26
Aug

Is Delta-8 THC actually Synthetic or Natural? (And Why It Matters!)

thc

The confusion as to whether it is synthetic or not comes into play when there is human involvement in the mass production of THC.

This article originally appeared on Cannabis.net and has been reposted with permission.

A lot of people are perplexed about the present state of things in relation to delta-8 THC. This is a cannabinoid that can be retrieved naturally from the cannabis plant. Still, some people are uneasy about it, thinking it might be synthetic.

Unfortunately, even delta-8 THC consumers are among the people who do not completely understand the compound and wonder if it is synthetic or natural due to the high level of danger posed by other synthetic cannabinoids.

Thu
25
Aug

Looks like Massachusetts is getting LIT

cannabis

There’s a new cannabis flower brand in Massachusetts, and it’s LIT. 

Ayr Wellness, one of the largest publicly traded cannabis companies in the United States, recently announced that it partnered with Lit to bring its line of cannabis genetics to its Massachusetts dispensaries.

Lit is the latest West Coast cannabis flower brand that is trying to make the jump to the East. Short for Lost In Translation, the brand was co-founded by Ray Schiavone, who originally launched it in Nevada with Tahoe Hydroponics Company. 

Thu
25
Aug

What new Federal Investments in THC Breathalyzers mean for the Future of Testing

cops

Even with elaborate and accurate equipment, there are likely to be many legal battles fought over how legitimate the equipment is.

As marijuana becomes legal and regulated in many states, law enforcement is often struggling to keep up with the times. There is definitely a learning curve when something that was illegal suddenly becomes legal, and this is particularly true with marijuana. In fact, determining whether someone is under the influence of cannabis remains a difficult thing to prove in a court of law.

Wed
24
Aug

What is 'Clean Weed’ and why is everyone talking about it?

clean weed

The product takes its name like many other 'clean' products, known for their environmentally friendly processes and for the transparency in their components.

Clean products are nothing new. But “clean weed” is a different thing altogether, a new phenomenon that will likely grow more common, at least according to some experts.

The Los Angeles Times reports that clean weed has been making its rounds in San Francisco, becoming one of the most in-demand items in dozens of dispensaries. The product takes its name like many other “clean” products, known for their environmentally friendly processes and for the transparency in their components.

Wed
24
Aug

Is this Cannabis Stock going up in Flames?

stock photo

Innovative Industrial Properties (NYSE: IIPR) -- often referred to as IIP -- quickly became one of the hottest growth stocks in the cannabis industry.

The real estate investment trust (REIT), buys and leases industrial properties to licensed medical marijuana operators. At its peak in February 2021, it had grown 916% in five years.

But its stellar growth has come to a screeching halt. Concern over the legalization of cannabis, followed by a class action lawsuit, and now a default from its largest tenant have pushed shares down 64% from recent highs.

Investors rightfully are wondering if the stock is going up in flames, or if it's bound to recover. Here's what's going on, and where the stock could be headed in the future.

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