Cannabis Technology News

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technological
tech
technology
Wed
04
Jul

Crunching numbers: Should the alcohol industry be worried about legal pot?

As the legal cannabis industry continues to grow in America, speculation about its effect on the alcohol industry's earnings has only increased, with even Molson Coors considering an entrance to the budding trade. To help both sides of the equation figure out how the two will co-exist, one of pot's leading analytics firms crunched the numbers.

Tue
03
Jul

Canada: Delta 9 announces four cannabis retail locations in Manitoba for 2018

Delta 9 Cannabis Inc. is pleased to announce the planned locations for its first cannabis retail stores. Delta 9 intends to open two stores in Winnipeg, one in Brandon and one in Thompson before the end of the year. At least one of the Winnipeg stores is expected to be open on October 17, 2018, which is the date that has been announced as the first day for legal retail sales of cannabis. The Company's online sales portal will also be operating on that date.

Tue
03
Jul

Cryptocurrency and cannabis: A match made in heaven?

What happens when you combine two of the world’s most exciting emerging industries? Opportunities for explosive growth and massive disruption.

Ambitious entrepreneurs are already competing to create synergies in the fertile overlap of the blockchain and cannabis sectors. There are approximately a dozen cannabis-focused blockchain coins or tokens that are competing to provide infrastructure for the fragmented industry.

Tue
03
Jul

A craft marijuana brand has raised a total of $50 million from VCs including an early Facebook ...

Tech investors are seeing green in the marijuana industry.

Flow Kana, a craft marijuana brand based in San Francisco, has closed a $22 million round of financing to scale the supply chain across California. Combined with earlier funding from notable angel Roger McNamee, an early Facebook investor who served as an advisor to Mark Zuckerberg, the raise brings its total funding to $50 million.

Tue
03
Jul

6 Mistakes entrepreneurs make pitching their cannabis company

The cannabis industry has matured significantly over the last several years and a top-quality presentation is now a requirement when pitching investors. Similar to tech entrepreneurs, cannabis business hopefuls need to nail a few vital components in their sales pitch or risk swiftly losing the attention of their audience.

Here are some common mishaps that should be avoided at all costs:

Mon
02
Jul

Roots Sustainable enters billion-dollar US cannabis market providing tech to Washington crop site

Agtech play Roots Sustainable Agricultural Technologies is getting in on the $7 billion US cannabis market in a pilot of its root-cooling system with Washington cannabis consulting business American Farms Consulting.

This will be the company’s (ASX:ROO) first foray into the US cannabis agriculture market, which is expected to increase to $US22 billion by 2021.

The pilot will involve the patented Root Zone Temperature Optimisation (RZTO) technology installed at an American Farms Consulting (AFC) site in Trinidad, Washington, cooling the roots of cannabis plants in part of the company’s 30,000 square foot open field space.

Mon
02
Jul

Leveraging blockchains to track the marijuana supply chain

With some U.S. states and Canada now legalizing marijuana for recreational use, the need for a reliable way of monitoring the pot supply chain is greater than ever. Can blockchain technology do that effectively?

There's some evidence that distributed databases may be able to track where marijuana is grown and how it gets to suppliers. There's also optimism that it's a solution that can eliminate black market distribution.

According to a new report by Mike Peña , the communications manager at Stanford Technology Ventures Program, blockchains might allow regulators to exercise oversight over the pot supply network and help stem illegal trafficking.

Fri
29
Jun

Cannabix Technologies headed to the moon after cannabis breathalyzer breakthrough

Cannabix Technologies Inc (CNSX:BLO) is showing signs of trading higher after a period of consolidation that saw the stock lose more than 50% in market value. The stock’s sentiments in the market have received a boost on the company providing interesting news about its cannabis breathalyzer under development.

Price Action

The recent bear run in the stock cannot in any way be attributed to deteriorating performance. The broader industry has been under immense pressure since the start of the year. Fast forward sentiments in the sector have changed in the wake of Canada legalizing recreational use of Marijuana.

Thu
28
Jun

Out of the stovepipe and into the light, the cannabis tech boom

Cannabis legalization is creating a tech revolution, reshaping understanding of the plant and the technology around it, which is now expected to impact mainstream producers, distributors and consumers for years to come.

Wed
27
Jun

Cannabis research is a good thing, but it presents problems too

Cannabis research is important and necessary to improve our understanding of the plant, and more is generally better. Still, there are problems that come with the proliferation of cannabis research and readers should be cautiously skeptical, writes Calvin Hughes.

Scientific studies are great, and an integral part of pushing cannabis culture into the future. But research isn't always conducted the standards we might like them to be, says Josh Kaplan, a postdoctorate fellow in neuroscience at the University of Washington who specializes in medical cannabis research.

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