Cannabis Technology News

Synonyms: 
technological
tech
technology
Wed
27
Feb

Aphria to develop weed patches; Aurora Cannabis comes to Portugal

Canadian cannabis producer Aphria (APHA) on Tuesday announced a deal to produce and sell medical cannabis transdermal patches developed by scientists at MIT, while Aurora Cannabis (ACB) announced moves to expand into Portugal. Aphria stock, Aurora Cannabis stock and other marijuana stocks rallied.

The deals reflect efforts by Canada's marijuana industry to treat cannabis as a form of therapy. They also reflect ongoing efforts to expand in the global medical market. The global medical market, executives say, represents a huge sales opportunity.

Fri
22
Feb

Canada cannabis payments face their own hurdles

Since last year, when Canada legalized recreational pot in full, the nation became a kind of country-sized lab for how that new business would play out. That market could reach as much as $5.1 billion in annual sales by 2020, according to one estimate – though some predictions are higher, especially ones that include spending on accessories and growing supplies.

Fri
22
Feb

St. Stephen aquaponics farm to target medical cannabis market

The owner of a proposed aquaponics farm in St. Stephen is hoping to start growing medical cannabis this year.

The business was announced in 2016, but at the time, Tanner Stewart had planned to grow "leafy green produce," along with farming fish.

As the demand for medical cannabis increased, so did Stewart's vision for his business.

He said he saw a need for organically grown, sustainable cannabis.

"So I pivoted into a cannabis crop," Stewart said.

How the farm works

Stewart's aquaponics farm has a system that sees fish tanks and plants being farmed in the same facility.

Stewart will be farming tilapia but use the water from the tanks to water the cannabis.

Tue
12
Feb

Engineer deals the straight dope on marijuana production facilities

Marijuana (cannabis) for medical and recreational purposes is legal in Canada now.

The annual demand for the formerly evil weed is estimated to be as high as hundreds of thousands of kilograms, which, when sold, could produce billions of dollars in honest and upstanding revenue.

Under the 2018 Cannabis Act, only producers who are licensed by Health Canada are allowed to grow the product. As of October 2018, when recreational marijuana became legal in Canada, there were approximately 120 such licensed producers in the country, some large and some small.

Fri
08
Feb

Scientists are racing to make pot like booze so you can drink it

People who drink alcohol typically learn the hard way how much is too much-usually in their teens or early 20s. As adults, they're not interested in learning the same hard-knocks lesson about cannabis.

This is the challenge for an industry seeking to win over new or inexperienced users as legalization spreads through North America and around the world. It's a particularly daunting one for makers of cannabis-infused beverages, which are keen to participate in a category that researcher Canaccord Genuity Group expects will be worth $600 million in the U.S. by 2022.

Wed
06
Feb

Pot without plants is the goal of new cannabis fermentation venture

A US$255 million deal to convert sugar into cannabis-chemicals is opening the door to an era of pot without plants.

Amyris Inc. already works with genetically modified yeast that excrete designer molecules to make sweeteners and skin-care products. Now it plans to use that fermentation technology to convert sugarcane syrup into the active ingredients found in marijuana, the California-based company said in a statement Tuesday. Those ingredients can be used in consumer products ranging from beverages to skin creams and deodorant.

Wed
06
Feb

Consistency and transparency: A blockchain company offers solutions to the cannabis industry

A Vancouver company, BlockStrain, is using a trending technology solution to tackle some of the cannabis industry’s biggest issues.

From cryptocurrencies to crowdsourced data storage, blockchain seems to be one of the most widely discussed innovations out of the software space lately. Many believe the new technology could be the answer to issues plaguing the nascent legal cannabis market—a system already rife with supply bottlenecks, product recalls, and dodgy testing standards.

Tue
05
Feb

Marijuana fertilized by fish waste? A Canadian cannabis company is making it happen

The unlikely combination of freshwater fish and cannabis is producing outsized medical marijuana crops that Green Relief Inc. aims to capitalize on, as the Canadian company plots a stock market listing and global expansion.

In an underground southern Ontario facility surrounded by farmland, Green Relief operates a cutting-edge aquaponic farm, using filtered fish waste to fertilize cannabis plants, which in turn clean the water for the fish.

The company says it is the world's only licensed producer to grow medical marijuana this way, a pesticide-free process that took 2-1/2 years to fine tune. The only signs of this operation, which is built into a hill and insulated by some three feet of dirt and grass, is above-ground ventilation equipment sticking out of the ground.

Thu
31
Jan

Cannabis growth continues to drive technology innovation for EnviroTechnologies International, Canopy Rivers, Aphria and WeedMD

 Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot focusing on how the cannabis industry continues to force technology innovation as it faces new challenges with the sector’s continuing rapid growth.

The cannabis industry has begun to fully affect the beverage, food, medical and pharmaceutical industries but one area cannabis has helped drive forward from inception has been the tech industry. Due to the complexity of the cannabis plant as well as the strict regulations surrounding it, technological innovations have been a “must have” for any cannabis company that hopes to expand and grow.

Thu
24
Jan

OurCrowd targets emerging cannabis industry with 7thirty Opportunity Fund

Leading investment crowdfunding platform OurCrowd is jumping into the hot cannabis sector. OurCrowd has launched a $30 million cannabis tech fund called 7thirty Opportunity Fund.

OurCrowd said it will build the “world’s leading global cannabis technology venture capital fund.” The new fund is said to be focused on cannabis technology companies in Medtech, Agtech, retail, e-commerce, marketplaces, SaaS solutions, and the deep-tech research in Cannabis. Headquartered in Boulder, Colorado – a state that has legalized recreational use of marijuana, the fund will be active globally and include activities in Israel, Canada, and the United States.

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