Cannabis Technology News

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technological
tech
technology
Mon
24
Dec

5 Winners in the global cannabis race

The global cannabis market could be as big as $150 billion by 2025.

October saw Canada embrace full legalization.

And cannabis just got another big boost: in December, the U.S. Senate approved a Farm Bill full of pro-hemp provisions.

Whole Foods Market expects hemp products to be among the Top Ten items in 2019.

Cannabidiol, or CBD, is a compound found in cannabis that is popping up all over the U.S. market.

Thu
20
Dec

Cannabis investing mistakes: Should you invest in established or new cannabis companies?

The year 2018 saw many, many cannabis companies debuting Initial Public Offerings (IPOs) on the stock market. Going public certainly has its perks, such as liquidation, broader stock options, amplified brand image, and access to risk capital, but is it really necessary to invest in a company that has recently made an IPO?

Wed
19
Dec

Strainprint™ Technologies Welcomes Surterra Wellness as First U.S. Customer to its Comprehensive Cannabis Intelligence Platform

TORONTO, Dec. 19, 2018 /CNW/ - Strainprint™ Technologies Ltd, the leader in cannabis data and analytics, today announced its expansion into the thriving United States (U.S.) cannabis market with Surterra Wellness (Surterra), one of the nation's fastest growing health and wellness companies, as its first U.S. customer.

Tue
18
Dec

11 Facts cannabis entrepreneurs should know about the black market

Though 10 states and Washington D.C. have legalized recreational cannabis, black market weed still dominates. Even in states like California, the illegal cannabis market is several times bigger than the legal adult use market. In other words, black market weed does not disappear the moment a state or country legalizes recreational cannabis. Instead, legalization highlights just how entrenched the black market is—even in the post-legalization era. Here’s what every entrepreneur should know about legal weed’s more established alternative.

 

1. The US black market accounted for $46.4 billion in illegal weed sales in 2016.

Mon
17
Dec

How A NASA scientist could trigger the next cannabis boom

Marijuana spent this year finding its feet. It may spend next year surfing a big wave of profits.

Marijuana 1.0 was all about the legalization drive, the dumping of billions of dollars of cash into the industry and mouthwatering, legitimizing mergers and consolidations—but it was a jockeying exercise in capacity expansion.

Marijuana 2.0 could be just as big a deal—it’s about the technological tweaks that will actually make this industry profitable.

It involves Big Data, AI, automation and a host of other tech tweaks that will increase profitability and open up vast new markets in key verticals. That includes everything from recreational use and OTC pain and sleep relief to pharmaceuticals and beauty/nutraceuticals.

Thu
13
Dec

Hydrofarm announces exclusive partnership with SANANBIO to launch PHOTOBIO LED product line

PETALUMA, Calif.–(BUSINESS WIRE)–Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”), a leading independent wholesaler and manufacturer of hydroponics equipment and horticultural products, today announced that the Company has established an exclusive partnership in the United States and Canada for high power grow lights with SANANBIO to launch “PHOTOBIO Powered by SANANBIO” —a horticultural LED product line specifically formulated for high power greenhouse and indoor growing with a focus on strong results for fruiting and flowering plants.

Tue
11
Dec

Scientists search for marijuana's holy grail — consistent highs

Holiday shopping was in full swing Friday at a boutique on Santa Monica Boulevard, where an automatic sliding door welcomed browsers off the street.

Inside the well-lit shop decorated with Christmas wreaths, glass cabinets filled with elixirs, herbal pills and pen-size vaporizers beckoned. The dark wood floors and brand-name displays could have come out of a Sephora cosmetics store. Shoppers have to look past gleaming jars and fancy boxes to find what brought them here — old school marijuana "flower," the part of the plant that people smoke to get high.

Tue
11
Dec

5 Things about marijuana we don't know and need to research

You’ll often see people advocating for marijuana research, and you may wonder why the heck we’re still doing that. Cannabis has been around for thousands of years, and we surely must know all of its effects, right? Well, not quite. There’s still plenty we don’t know about marijuana, writes Joseph Misulonas. 

Here are five things we still don’t know about cannabis and need to research:

Fri
07
Dec

Beware of counterfeit vape cartridges, concentrate producers warn consumers

Largely fuelled by illicit cannabis dispensaries, knock-off brand name vape cartridges are a growing concern, writes Calvin Hughes.

Counterfeit products are nothing new. With a quick Google search, you can find your pick of knock-off designer goods, from handbags to sunglasses. Increasingly, however, the cannabis market has become a target for bootleggers as brands start to build wide-ranging consumer recognition and pull in huge sums of money. And producers of cannabis vaporizer products seem to be the choice pick for counterfeiters.

Thu
06
Dec

Aphria announces special committee to review governance processes related to LATAM acquisition

Aphria Inc. ("Aphria" or the "Company") (TSX: APHA and NYSE: APHA) today announced its Board of Directors has appointed a special committee (the "Special Committee") of independent directors to review the Company's previously completed acquisition of LATAM Holdings Inc. (the "Acquisition"), which closed on September 27, 2018, and confirm the Company's belief that it conformed with all Company policies and generally accepted corporate governance practices. 

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