Cannabis Technology News

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technological
tech
technology
Fri
06
Sep

Ventures tout potential of cannabis tech

As Thailand's cannabis market starts to take off, the biggest opportunities for entrepreneurs may be in technology and services surrounding cannabis, as opposed to cultivating the plant itself.

"We think the market is going to grow very quickly starting now and are looking at an investment timeline of four years," said Douglas Abrams, managing director of the Southeast Asian venture capital firm Expara. "I think Thailand could be the cannabis tech hub, not just of Southeast Asia but of the world."

Fri
06
Sep

Inside Facebook's campaign against hemp advertising

Over the past few months, social media and search engine behemoths Facebook and Google have gone to great lengths to ban and censor CBD and hemp-related advertisements on their platforms — despite that the 2018 Farm Bill legalized the cultivation of hemp-derived CBD, writes Sara Brittany Somerset.

Facebook recently confirmed the ban, disabled advertising and “boost-post” privileges for mainstream brands like Dr. Bronner’s hemp-based soap company, and yet, has still not announced clear rules or reasoning for this decision. 

Thu
05
Sep

How to store cannabis seeds

Want to know the best way to grow the best marijuana? Start with great seeds. But once you find the perfect strain, how do you save those seeds so that you can use them for future plants? It’s not that hard; actually, you just need to keep them cold, dark, and dry. However, there are few other things that you could do to preserve your precious seeds – keep reading to learn more.

 

Storing Cannabis Seeds is Important

If you plan to grow marijuana for fun or profit, you’ll need to know how to store your seeds.

Storing Cannabis Seeds

Thu
05
Sep

Breeding inconsistency: Why cannabis profiles matter

One of the first reports to be published in the first ever peer reviewed cannabis journal highlights the importance of consistency of cannabis profiles for patients.

Thu
05
Sep

5 proven strategies for using data to boost your business

Likes, views, clicks, swipes, counts, seconds, minutes, grams and liters consumed.

In a world of limitless measurement, data analysis has helped companies to enhance day-to-day operations. In the cannabis business, many pioneers have begun to implement data analysis and optimization to keep ahead of the curve.

But it's one thing to collect data, it's another to understand how it can be used to inform your decisions. Here are a few key items to understand.

1. Identify your data experts

Amid the constant whirlwind of a rapidly scaling industry, it is often difficult to make sense of all the data being captured. Moreover, how do you know if it is accurate and useful? 

Thu
05
Sep

New Zealand hemp processing facility progressing

NZ Yarn has announced it will soon begin installing hemp fibre processing equipment in a space at its factory in Burnside, Christchurch.

The new plant incorporates a decorticator that will separate hemp stalks into fibre and hurd. Hemp fibre can be used for many applications ranging from clothing to furniture coverings and flooring. Among its attributes, hemp fibre doesn’t require chemical processing or bleaching, is strong and durable, has good breathability and anti-bacterial properties.

The hurd (or shiv), is the woody core material of the hemp plant – it has applications as a fire retardant, in insulation and can be used to create paper and bioplastic products.

Thu
05
Sep

Navigating regulations for successful cannabis marketing

As more and more territories around the world are legalizing cannabis in one way or another, the different rules and regulations in every territory make getting in front of customers’ eyeballs a  strenuous task for many cannabis companies all over the world.

Cannabis is not federally legal in the US, in some states it is legal for both recreational and medical consumption, and in other, only for medicinal use. The same goes for Europe where countries have different regulations and tolerance toward cannabis. In Spain for example, cannabis is not legal but yet, one of the biggest conventions in the cannabis industry – Spannabis – is taking place in Barcelona.  

Wed
04
Sep

Medical cannabis manufacturing facility opens in Queensland

Australia’s Federal Minister for Health, Greg Hunt, opened (another) medical cannabis facility in Queensland last week.

The THC Global (ASX:THC) project in Southport is the largest bio-pharma manufacturing facility in the Southern Hemisphere according to the company, and has an expected capacity of 12,000 kg of Active Pharmaceutical Ingredient (API) extracts per year. Pending securing of required approvals, THC Global expects to further process these extracts into finished medicines including oils and capsules.

In July this year subsidiary THC Pharma Pty Ltd was awarded a Manufacture Licence from the Australian Office of Drug Control in relation to the Southport facility.

Wed
04
Sep

Illinois sets strict rules for cannabis growers on how much water, energy they can use

Both recreational and medical cannabis growers in Illinois will have to meet high standards for their energy and water use.

A state law signed by Gov. J.B. Pritzker in June places limits on the amount of water and electricity growers can use, as well as setting requirements for water runoff and wastewater.

“This is a high-resource-use industry, and it doesn’t have to be,” said state Rep. Kelly Cassidy, D-Chicago. “Illinois can show the way to do it in a better way.”

Wed
04
Sep

New BDS analytics report forecasts CBD sales to reach $20 billion by 2024

A new report from BDS Analytics titled “The Global Cannabinoids Market: Will CBD Overtake THC?” is forecasting that CBD sales will reach $20 billion by 2024. This would account for nearly 44%  of the $45 billion total forecasted
cannabinoid market (which includes legal cannabis).

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