Cannabis Technology News

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tech
technology
Fri
17
Apr

Ontario online pot purchases jump 600% amid COVID-19 pandemic, data shows

Cannabis purchases rose as much as 600 per cent since the beginning of March in Canada's biggest market thanks to stockpiling by consumers during the COVID-19 pandemic - and demand may be sticking around. 

Sales data provided by the Ontario Cannabis Store (OCS) over the past six weeks - the same period that COVID-19 spread across the country - show legal pot appears to be a more "habitual" purchase than a one-time novelty, according to Cheri Mara chief commercial officer at the provincial retailer. 

While it may be too early to really gauge how COVID-19 will impact legal cannabis sales over the long term, the OCS data provide a highly precise glimpse at how people are consuming cannabis during the pandemic. 

Fri
17
Apr

Cannabis Beverages Are Finally Finding Their Way Into Consumers Hands Across Canada

Read entire article here.

Cannabis 2.0 represents a major opportunity in Canada and refers to the sale of cannabis infused products (edibles and drinkables), cannabis concentrates, salves, tinctures, and more.

Demand for these types of cannabis products has been steadily increasing and this is a trend that we expect to become more significant on a going forward basis. A few years ago, we noticed a substantial increase in the number of Canadian companies that were focused on producing cannabis. When it comes to cannabis 2.0, there has been a much smaller increase in the number of companies focused on the vertical and we find this to be significant.

Thu
16
Apr

Industrial hemp products exploding

As CBD markets continue to expand, farmers, researchers and businesses are looking at other industrial hemp plants ‚ÄĒ cannabinoids.

Last year, during their first year of production, 90% of Kansas’ more than 200 industrial hemp farmers grew CBD hemp. The other 10% focused on grain and fiber varieties. By trying to grow CBD, these farmers were opting for a higher-yield hemp crop.

Wed
15
Apr

THC-infused competition show 'Cooked with Cannabis' debuts April 20 on Netflix

As marijuana laws relax in the United States, cooking with pot becomes more mainstream, and that inevitably means Netflix series. 

The latest is "Cooked with Cannabis," a new show hosted by pop star Kelis, who is also a chef. Best known for her 2003 hit "Milkshake," the singer and self-described "cannabis queen" is a graduate of Le Cordon Bleu culinary school. She's joined on the show by Portland, Oregon chef and cannabis expert Leather Storrs.

Wed
15
Apr
Mon
13
Apr

Is the Pandemic Hindering Global Cannabis Research and Innovation?

The cannabis movement and research surrounding the plant now have more momentum than at any other point since prohibition began.

The momentum for cannabis reform efforts and also for innovation in cannabis technology, medicine, and science is carrying the industry forward at a rapid pace.

Mon
13
Apr

How CBG May Revolutionize The Cannabis Industry As 'The Next Big Thing'

First discovered in the 1960s, Cannabigerol (CBG), a once rare, non-psychoactive molecule from which hundreds of other cannabinoids are derived, recently gained momentum as more companies and brands like Avicanna Inc. AVCNF 0.55% learn of the molecule’s therapeutic benefits in over-the-counter and pharmaceutical applications.

According to recent investigations by Avicanna, CBG has similar properties to CBD, acting as a competitive partial agonist for cannabinoid receptors in the nervous system and immune cells.

Mon
13
Apr

Coronavirus & CBD: Navigating Shifts in Consumer Behavior

Aggressive health measures to stem the spread of the Coronavirus or COVID-19 are changing everything, including the operation of CBD businesses.  And if there’s one thing CBD business owners are accustomed to, it’s change.

Thu
09
Apr

Understanding the importance of marijuana studies and outcomes

In late February, JAMA published a study on the rise of marijuana in older adults that sparked controversy. The study looks to trends in marijuana use for American adults 65-years and older from two researchers who have spent years investigating the connection between marijuana use and senior citizens.

The study utilized data from a survey of 15,000 individuals who shared their experiences and thoughts around marijuana and their use of the drug.

Thu
09
Apr

Cannabis goes click and collect in Manitoba

Cannabis retailers in Manitoba are not taking their "essential service" status for granted during the virus-induced crisis and are redesigning their services to maximize social distancing.

It has likely encouraged the industry to roll out some e-commerce technology earlier than might otherwise have been the case.

Some offer home delivery and most cannabis retailers in Manitoba are now providing a "click and collect" service, allowing customers to order online and then pick up and pay at the store.

Winnipeg-based Delta 9, which has four stores in the province, now offers a touchless service, where payment is made online and staff deliver the product to the customer’s car.

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