Cannabis Technology News

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technology
Fri
21
Dec

The secret tech which could transform cannabis markets

Imagine producing a product at $0.05 and selling it at $16 – or a 31,900% gross profit.

What you are imagining is one of the most efficient cannabis operations in the world today.

Wayland Group (WAYL.CNOTC:MRRCF) can produce cannabis at $0.05 a gram in South American and sells cannabis for up to $16 in some European markets.

How do they do it?

With a simple, but powerful business strategy:

They focus on the lowest cost production methods.

Produce product in countries with weaker currencies.

Sell into the highest-paying markets that have strong currencies.

Thu
20
Dec

3 reasons Shopify Inc (TSX:SHOP) is Canada’s #1 tech stock

Shopify Inc (TSX:SHOP)(NYSE:SHOP) has had a fantastic run in 2018, all things considered. Although its shares have fallen about 13% in the past week, they’re still up over 30% year-to-date. Shopify’s gains this year are particularly impressive compared to the S&P/TSX Composite Index, which is down 10%.

But with large and growing (non-adjusted) losses, why is Shopify able to outclass all other Canadian tech stocks–when some of its competitors are consistently pumping out profits?

There are three basic reasons. I’ll start with the most obvious: growth.

Wed
19
Dec

Leafedin is a cannabis startup that transformed itself into the world’s largest networking platform in just two years

startup cannabis person to person network is revolutionizing the entire marijuana community from Washington DC To Canada and back again. Everything from selling and buying marijuana to how each individual in the community connect with each other to jobs and community portals, Leafedin (https://leafedin.org) fills all those needs.

This platform provides an easy and direct way to locate local marijuana of the best quality and instantly connects buyers to sellers and vice versa. It also serves as a middle ground between marijuana growers and employers to meet and connect with skilled labors in the marijuana industry.

Mon
17
Dec

The Green Organic Dutchman launches brand new website focused on medical patients and recreational consumers

The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX: TGOD) (US: TGODF) is pleased to announce the launch of its brand new experiential patient and consumer website focused on delivering the absolute best online experience in the industry.

Fri
14
Dec

AgraFlora secures supply deal with cannabis e-commerce company Namaste

After a long wait, Vancouver-based AgraFlora finally received a cultivation license from Health Canada in October for the AAA Heidelberg facility, in London, Ontario, of which AgraFlora currently owns 56 per cent. In addition to Heidelberg, AgraFlora also runs a 2.2-million sq. ft. cannabis propagation greenhouse in Delta, BC, and is a member of industry heavyweight Canopy Growth Corp’s “CraftGrow” program which partners Canopy with smaller, high-quality operations.

AgraFlora President and CEO Derek Ivany says that through the Cannmart deal his company will be helping to supply the highest quality flower to medical marijuana patients across Canada.

Tue
11
Dec

Why weed companies are embracing blockchain

“Hey, look at the stock!” It was a Thursday in late September in the Colorado offices of Leafbuyer technologies, a small tech company focused on cannabis. Like most startups, it’s a little obsessed with its stock price, which it has a staffer assigned to monitor. This day, it was going wild.

Usually, Leafbuyer’s stock would do about 200,000 to 300,000 trades in a day. This day, there had been three million by noon. By close, it done $10 million worth of trades, ending up by more than 60 percent.

Fri
07
Dec

Canopy buys German vaporizer company Storz & Bickel for $220 million

Marijuana company Canopy Growth Corp. has signed a deal to buy a German firm that specializes in vaporizer design and manufacturing for about $220 million in cash.

Under the deal, Canopy will pay 145 million euros for Storz & Bickel GmbH & Co. KG.

Based in in Tuttlingen, Germany, the company designs and manufactures of medically approved vaporizers.

Canopy says the German firm has a portfolio of 17 filed patents that will improve its existing vaporizer design operations.

Founders Markus Storz and Jürgen Bickel are expected to remain part of the organization.

Tue
04
Dec

Aurora Cannabis starts shipping softgel capsules for Canadian Market

Aurora Cannabis (NYSE:ACB,TSX:ACB) started shipping its cannabis softgel capsules for the Canadian medical and adult-use marijuana markets.

As quoted in the press release:

Aurora expects to commence exports to international markets in early 2019.

Thu
29
Nov

Too high or drunk to drive? Israeli startup has an app that can tell

The medical and recreational use of marijuana is increasing globally, and its effects on drivers can — like alcohol — be devastating, as the drug influences the cognitive abilities of drivers, as much as alcohol does.

Wed
28
Nov

Why water soluble cannabis will change everything

With Cannabis investors asking what is next, Sproutly Canada, Inc. (CANADA: SPR.CN) (US: SRUTF) (GERMANY: 38G.F) already has the answer in the form of their revolutionary technology that applies directly to the cannabis beverage market.

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