Cannabis Technology News

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technology
Wed
23
May

Why traceability is crucial for the cannabis industry

The stage is set: cannabis legalization is rolling out around the world. With legalization comes regulations and smart companies will adapt to make new requirements work for them. In the end, our shared goal (as industry, consumers and government) is the same: provide safe, high-quality, reliable products. This is where traceability comes in.

Mon
21
May

Nurturing cannabis in a world with shifting rules

In late 2017, the Oregon Department of Agriculture issued an alert that a new pest had been spotted feeding on a valuable crop. A kind of aphid, it damages and weakens plants and could even spread viral diseases, the alert said.

The creature, Phorodon cannabis, is also known as the cannabis aphid. “It appears to be a recent arrival in Oregon, and it is in the interest of all growers of cannabis to slow its spread,” the alert noted. The department has the bug on its list of cannabis pests, which includes four other species of piercing and sucking aphids.

Fri
18
May

Can a spritz of DNA solve Colorado’s weed problem?

Use and possession of cannabis is illegal under U.S. federal law. But policies regarding medicinal and recreational use vary greatly at the state level.

Colorado famously legalized marijuana in 2014, authorizing licensed growers to cultivate and sell pot locally.

The state’s $1.5 billion industry, however, has been threatened by criminal activity, like moving product over state lines or forging paperwork. And it’s becoming a problem for law enforcement. But a solution may arrive this summer. Last year, Applied DNA Sciences introduced its textile molecular tag technology, SigNature T, used to verify and track premium American cotton from gin to shirt.

Fri
18
May

This seed-to-sale cannabis platform wants to be the PayPal of pot

In June 2016, Microsoft made a startling announcement: It had partnered with a Los Angeles-based company called Kind Financial to start offering marijuana software to government agencies. The software, part of a government-specific version of Microsoft’s Azure cloud platform, allowed states that had legalized medical or recreational marijuana to easily track that cannabis from the moment it was planted to when it was sold at a local dispensary.

Fri
18
May

Gaming regulators create opening between marijuana, casinos

Can a gaming licensee lease a building from a businessman who also rents to someone in the marijuana business?

Yes, the Nevada Gaming Commission unanimously determined Thursday.

In what was the first case in which regulators had to make a determination of whether a gaming licensee was too closely aligned with the marijuana business since industry policy makers clarified the issue earlier this year, commissioners voted unanimously to support a license for Apollo Coin Corp. for The Lodge at St. Rose. Licensee Stuart Apollo had told the state Gaming Control Board and the commission that he wanted to develop an upscale tavern with a restricted license in Henderson. Apollo had planned for 15 slot machines in the tavern.

Wed
16
May

TruTag Technologies targets marijuana market

Product authentication and brand security company TruTag Technologies has its sights set on the marijuana market after entering into a new partnership with Tag-it Tech Inc..

Hawaii-based TruTag said it will merge its “edible barcode” technology platform with Seattle-based Tag-it Tech’s blockchain-based tracking system to offer regulators and producers the ability to “safeguard the cannabis supply chain.”

Wed
16
May

How technology will unleash the legal cannabis industry's growth potential

Even as federal and state regulators struggle over state cannabis legalization, there are key areas in which they align.

Each cares about safety, compliance, and depriving criminal cartels of revenue. And, more than ever, tech firms have the potential to bridge the gap between legalizing states and prohibitionist federal policy.

Lost in much of the renewed current debate about prohibition has been the substantial regulatory regimes that 29 states and the District of Columbia have established to ensure cannabis is grown and sold safely and securely.

Tue
15
May

Aurora takes control of Hempco, increasing ownership to 52.7%

Aurora Cannabis Inc. (the "Company" or "Aurora") (TSX: ACB) (OTCQX: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and Hempco Food and Fiber Inc. ("Hempco") (TSX-V: HEMP) are pleased to announce that, further to the Companies' press release of September 18, 2017, Aurora has exercised its right under a private option agreement with Charles and Angela Holmes.

Pursuant to this agreement Aurora has purchased an aggregate of 10,754,942 additional Hempco Shares (50% from Charles Holmes, 50% from Angela Holmes). Following the transaction, Aurora's ownership interest in Hempco now stands at 52.7% (50.12% on a fully-diluted basis).

Management commentary

Mon
14
May

Canadian pot growers say marijuana byproduct a wasted opportunity for industry

Licensed marijuana producers in Canada are throwing out thousands of kilograms of plant waste each year in what some of them say is a missed opportunity to find other uses for the byproduct.

Health Canada's destruction policy for producers makes it impossible to benefit or learn from the potentially valuable waste product, said Terry Lake, the vice-president of corporate social responsibility at Hydropothecary, a licensed producer in Gatineau, Que.

Mon
14
May

Can Massachusetts become a leader in marijuana research?

Massachusetts is a national leader in fields like biotech, life sciences and health care. Could marijuana research be next?

Marion McNabb, a doctor of public health and former global health worker, believes the state's legalization of marijuana could encourage academics and scientists to conduct serious scientific research on marijuana -- a field that has so far been lacking due to legal and financial barriers.

"My vision is Massachusetts could be the number one leading cannabis research state in the world," McNabb said.

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