Cannabis Technology News

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Wed
08
May

California pot market not traced or tracked as promised

When California voters broadly legalized marijuana, they were promised that a vast computer platform would closely monitor products moving through the new market. But 16 months after sales kicked in, the system known as track-and-trace isn’t doing much of either.

As of last month, just nine retail outlets were entering data into the network established under an estimated $60 million state contract, even though 627 shops are licensed to sell pot in California.

The rate of participation is similarly slim for other sectors in the emerging industry.

Wed
08
May

Harvard study finds bacteria and fungus in top E-cigarette brands

Thousands of people around the world have managed to give up smoking thanks to the advent of E-cigarettes and vaping. However, as vaping is so new, little is known about its long-term effects on the body.

Wed
08
May

The potential & promise of the cannabis beverage market

“The day that Coca-Cola enters the cannabis industry” has long been the sort of specter that activists and investors alike have conjured to symbolize the arrival of the corporate hoard to the legal weed party, a specter that marches alongside “the day the suits from Goldman Sachs arrive” and “the day Monsanto patents its own strain.”

In other words, it seems inevitable that Coca-Cola will one day create a cannabis-infused beverage — most likely if the federal government legalizes cannabis — and that is in large part because there is an eager audience of people who want to consume cannabis in liquid form.

Wed
08
May

Green Growth Brands brings hemp CBD to Abercrombie & Fitch

Cannabis company Green Growth Brands Inc. (GGB.CD) is partnering with Abercrombie & Fitch Co. (ANF.N) to sell its CBD-infused bath bombs and other body-care products in a limited number of stores.

Columbus, Ohio-based Green Growth already sells personal-care products containing the non-intoxicating ingredient at DSW shoe stores, has CBD shops in malls owned by Simon Property Group Inc. and has a licensing agreement with Authentic Brands Group and its Greg Norman brand.

Wed
08
May

8 incredible facts about the booming US marijuana industry

  • The US marijuana industry is worth billions of dollars, and is showing no signs of slowing down.
  • Ten US states have legalized recreational marijuana use, and 33 have legalized medicinal use.

The marijuana industry is booming in the United States.

From the $52 billion in sales the industry posted to the 76% increase in cannabis jobs this year, there are plenty of statistics to show marijuana's startling contributions to the US economy.

Tue
07
May

Aurora Cannabis gets exclusive rights to use Enwave’s REV technology (plus, the stocks soar)

Canadian company Enwave signed a business agreement with Aurora Cannabis this April, giving it exclusive rights to use their drying technology in exchange for $10 million in capital. Following the deal, both companies’ stocks shot up.

On April 26, the big Canadian cannabis producer, Aurora Cannabis, announced they have signed a licensing agreement with EnWave, a tech company that makes vacuum-drying applications and machinery for companies in the food, beverages, and pharmaceutical sectors.

Tue
07
May

New UW clinical trial testing effect of marijuana on autism

Can marijuana treat autism? A new clinical trial is looking to see if cannabidiol (CBD) gel is a safe and effective method of treating Fragile X syndrome, a type of autism linked to deficiencies in the endocannabinoid system, which controls emotional responses, behavioral reactivity to context, and social interaction.

Autism, or more technically referred to as Autism Spectrum Disorder (ASD), is a wide range of different conditions grouped together because they all affect development and behavior. People with ASD typically experience difficulty communicating with other people, restricted interests, and repetitive behaviors.

Tue
07
May

The giant cannabis problem no one saw coming

States like Oregon and Washington have too much cannabis and not enough demand.

When states started legalizing cannabis, lawmakers worried about setting fees and rules for licensing and legislating where cannabis dispensaries could set up shop. The last thing they thought they needed to worry about was an oversupply of cannabis.

But that’s exactly what’s happening in Oregon and Washington. The two Pacific Northwest states hope to correct their cannabis markets by tweaking local laws, but it appears that the only panacea for their woes could be the full legalization of cannabis at the federal level.

Tue
07
May

Study: Marijuana use Not independently associated with psychosis in young people

Adolescents’ cannabis use history is not an independent predictor of an elevated risk of psychosis, according to data published in the journal Adicciones.

Investigators affiliated with the University of La Rioja in Spain explored the relationship between psychotic-like experiences and cannabis use in a representative sample of over 1,500 Spanish adolescents.

They reported that initially identified associations between cannabis use and psychosis were no longer present once researchers controlled for confounding variables, such as socioeconomic status, alcohol use, tobacco smoking, and comorbid psychopathology.

Tue
07
May

The summer skinny on CBD sunscreen

As stated in the 1997 Baz Luhrmann’s spoken-word sensation, “Everybody’s Free To Wear Sunscreen,” it’s highly important not to forget such cream. Strong sun rays on unprotected skin can be as dangerous as a pack of cigarettes. Now, in what seems like an unending slew of usefulness, CBD is being incorporated into sunscreens for more than just the buzzword.

Aside from being a skin friendly carrier oil, CBD also has anti-inflammatory properties, which keeps skin from becoming inflamed by the sun. Of course CBD is working in conjunction with zinc oxide, and they seem to make a mighty team. Cannabinoid alchemists everywhere seem to be infusing sunscreen with CBD.

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