Cannabis Technology News

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tech
technology
Mon
18
Jun

Canada: From marijuana beer to pot cookies, Canadian companies creating cannabis edibles

Beer brewed with marijuana, baking mixes concocted to bring out the unique flavours of cannabis oil and good, old-fashioned pot cookies: Canadian companies are creating them all, but it’s unclear when stores will legally be able to stock the edibles for recreational users.

Instead, business owners have been getting creative to manufacture, refine and sell their products.

Ottawa has pledged that recreational marijuana will become legal sometime this year and the Senate recently approved the pot legalization bill. But the federal government has said the sale of edible cannabis products will not be legal immediately.

That hasn’t stopped Canadian companies for entering the market.

Mon
18
Jun

Canada: AgMedica Bioscience Inc. Granted Sales Amendment for Riverview Cultivation Facility

CHATHAM, ONTARIO - June 15, 2018 – AgMedica Bioscience Inc. ("AGMEDICA" or the "Company") is pleased to announce that Health Canada issued an amended licence to AGMEDICA to permit sales of dried medicinal cannabis products from its Riverview Cultivation Facility in Chatham Ontario.

This is another critical milestone in the growth of AGMEDICA. The expedited nature of the sales amendment comes 12 months after construction started and just 6 months after being granted their cultivation licence at the Riverview Facility. These significant achievements accelerate the timeline to revenue generation and are a direct result of the dedication and efforts of the entire team.

Fri
15
Jun

The "Green Rush" - is this new age prospecting?

In multiple countries, lawmakers are de-criminalising or legalising the substance. Essentially, the world is changing its mind on cannabis.
 
That’s led to a so-called ‘green rush’. Market forecaster Arcview estimates that retail cannabis sales will total $10 billion in 2018, and will rise to $24.5 billion by 2021. It projects a total global market worth $57 billion by 2027.
 

Fri
15
Jun

Proposed US banking fix for marijuana may not open all doors

A proposal in Congress to ease the U.S. ban on marijuana could encourage more banks to do business with cannabis companies, but it appears to fall short of a cure-all for an industry that must operate mainly as a cash business in a credit card world.

Marijuana is legal in some form in about 30 states, but companies that grow or sell it often are locked out at banks. Their money isn’t wanted because the drug is illegal under federal law and transactions tied to pot proceeds could expose financial institutions to money-laundering charges.

Thu
14
Jun

Tech companies Google and PayPal not playing nice with cannabis industry

With marijuana now legal in over 60 percent of the United States, and with the latest estimates showing the cannabis industry could be worth a whopping $57 billion by 2027, it seems unlikely that major tech companies, like search engine giant Google and online payment platform PayPal, would still have a problem doing business with cannabis-related operations.

But businesses that market ancillary pot products, such as vaporizers and e-cigs, say they have been completely shutout of the world of e-commerce.

Thu
14
Jun

Israel’s infant cannabis industry at risk as government waffles on allowing exports

Businesses say they will set up shop elsewhere if they can’t sell their product in Israel.

Attorney Hagit Weinstock sits in her Tel Aviv office amid piles of documents that have been a source of persistent frustration for her and her clients. “Here is a letter from the president of Uganda saying he wants to enter into a cooperative agreement with us. Here’s a letter from an American company that wants to invest with us,” she said.

The source of her frustration is the feeling that the entire world cannabis industry is knocking on her door with an open wallet and the only reason she can’t answer is that Israel’s government has been unable to make a decision on whether to permit exports of medical marijuana.

Wed
13
Jun

Micron to deliver first cannabis waste digester to Aurora Cannabis

Micron Waste Technologies (CSE:MWM), a leading developer of aerobic digester solutions for the treatment of organic waste, is pleased to announce the design and manufacturing of its Cannabis Waste Digester is now complete, with delivery to Aurora Cannabis Inc.’s (“Aurora”) (TSX:ACB) facility in Mountain View County, Alberta scheduled for the week of June 25, 2018.

Wed
13
Jun

How mapping marijuana DNA could change the future of cannabis

Scientists hope that a "cannabis genome" could mean better results for growers and patients – but will it allow big pharma to take over?

Wed
13
Jun

Aurora Cannabis to acquire Anandia

Anandia Laboratories Inc. ("Anandia" or "the Company"), a global leader in cannabis testing, genetics and R&D, is pleased to announce that it has signed a binding term sheet (the "Agreement") with Aurora Cannabis Inc. ("Aurora") (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) whereby Aurora will acquire all of the issued and outstanding shares of Anandia, valuing the Company at approximately $115 million, payable in units consisting of one common share of Aurora plus one half of a common-share purchase warrant for each common share of Aurora issued to Anandia.

Tue
12
Jun

Canada: The Green Organic Dutchman receives cultivation license

The Green Organic Dutchman Holdings Ltd. (“TGOD”) (TSX:TGOD) (OTC:TGODF) is pleased to announce that, effective June 8th, its wholly-owned subsidiary, Medican Organic Inc. has received its Cultivation License from Health Canada for the Company’s breeding facility in Salaberry-de-Valleyfield, Quebec (“Valleyfield”). The commissioning of this facility will allow the Company to create proprietary, organically grown strains of cannabis and cannabis seeds.

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