Cannabis Technology News

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technology
Tue
24
Apr

How to treat multiple sclerosis with cannabis

Have you ever wondered how to treat multiple sclerosis with cannabis? We did the research for you.

In the US alone, over 400,000 Americans struggle with to manage the daily symptoms of Multiple Sclerosis (MS). MS is an autoimmune disorder that presents with neurologic manifestations. Patients may receive a diagnosis of relapsing-remitting or progressive types of the disease.

Tue
24
Apr

What Is linalool and what are the effects of this cannabis terpene?

The aromatic compounds found in cannabis, called terpenes, have an increasingly appreciated role in the plant’s medicinal benefits. These terpenes fall into a different class than cannabinoids (e.g., THC, CBD), and perhaps for that reason, have received substantially less research attention.

Mon
23
Apr

Israel's Super-Pharm chain begins selling medical cannabis

Medical cannabis supplier BOL's products at Super-Pharm will be priced at NIS 120-140 per 10 grams.

Israeli pharmacy chain Super-Pharm today began selling medical cannabis at 25 branches. BOL Pharma will be Super-Pharm's main supplier and the pharmacy chain plans to expand its medical cannabis sales to 50 branches..

Up until now, medical cannabis was available only at the Abarbanel Mental Health Center and special stores belonging to the Tikun Olam supplier in Tel Aviv.

Mon
23
Apr

Canada's marijuana oversupply concerns just got worse

These are exciting times for marijuana stock investors. For the first time in history, a developed country stands on the verge of legalizing recreational marijuana. By this coming summer, in either August or September, it appears likely that adults aged 18 and over in Canada will be able to legally purchase cannabis from licensed dispensaries. In doing so, Canada will be opening the door to an additional $5 billion in annual sales, if not more.

Mon
23
Apr

Marijuana's margin, like alcohol, is going to be captured in the end product, investor says

Navy Capital founder Sean Stiefel says for the burgeoning marijuana industry, the profit isn't in the plant — it's in the end product.

"We're talking about vapes, oils, edibles, topicals, sprays -- all of that stuff is coming, and as science catches up to marijuana, you'll see more and more of those end products," Stiefel said on CNBC's "Closing Bell."

Stiefel founded New York-based investment firm Navy Capital in 2014. In 2017, the firm launched Navy Capital Green Fund, which invests in public equities in the global legal cannabis industry.

Mon
23
Apr

Wet vs dry trimming your cannabis plants

Nobody wants to smoke leafy stash full of sticks and stems. Trimming your cannabis plants is the final step in converting flowers into finished product.

We break down the wet and dry trimming techniques, so you can best decide how to manicure your marijuana.

The difference between wet and dry trimming your buds

Fri
20
Apr

Nevada: Medical cannabis payment solutions to offer bank accounts for state licensed medical marijuana establishments

Medical Cannabis Payment Solutions (OTC:REFG), a leader in technological solutions for the medical cannabis industry, announced today the company will begin offering bank accounts to qualified and licensed medical marijuana establishments.

“State licensed medical marijuana establishments should not be sidelined out of the basic banking services they need because of flaws and limitations to our federal medical marijuana policy,” said Jeremy Roberts, CEO of Medical Cannabis Payment Solutions.  “With the federal guidance for banking marijuana proceeds, President Donald Trump’s assurances of our federal policy and the renewal of Rohrabacher-Farr, we will be able to provide not only payment processing but banking services as well.”

Fri
20
Apr

CBD Medication gets initial acceptance from U.S. health officials

GW Pharmaceuticals’ cannabidiol medication Epidiolex received positive reviews from individual Food and Drug Administration members this week, causing an immediate spike in the company’s stock.

A pharmaceutical drug utilizing a non-psychoactive cannabis compound was given a boost in support from American health officials this week, bringing the naturally-derived cannabidiol (CBD) medication one-step closer to total approval from the Food and Drug Administration (FDA).

Thu
19
Apr

California: Cannabis point-of-sale platform Green Bits raises $17 Million in series a round

Green Bits, the nation's leading retail management and automated compliance platform that helps cannabis dispensaries and retailers efficiently and legally run their businesses, today announced it completed a $17 million Series A round of financing.

Tiger Global, a New York-based investment firm focused on investing in growth oriented Internet and Software companies, led the round with participation from Casa Verde Capital, a venture capital firm focusing on the ancillary cannabis industry, and other investors.

This new round brings Green Bits' total outside funding to $19.3 million, demonstrating its continued adoption and growth within the rapidly expanding legal cannabis industry.

Thu
19
Apr

Cash-heavy cannabis industry looking for alternative Fintech banking solutions

In a world where legal cannabis is rapidly becoming more mainstream, a vexing financial issue continues to haunt the businesses and consumers taking part in this multibillion-dollar industry; namely, what to do with all that cash when federally chartered banks can't accept it and credit card companies won't touch it.

Marijuana is still a federally prohibited substance, after all, which makes businesses that handle the highly regulated plant outcasts when it comes to traditional banking methods. This aversion to risk, as defined by the banking sector, is actually a welcome opportunity for companies that cater to "high-risk" industries, such as the rapidly expanding and lucrative legal cannabis market.

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