Cannabis Technology News

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tech
technology
Thu
23
Aug

4 Canadian marijuana stocks set for big revenue growth?

 Today we have identified four Canadian marijuana stocks that have acquired their license to sell cannabis within the past five months. Although there are more than 100 cannabis-related companies in Canada, there are significantly fewer companies with a license to sell, which gives companies like those we have weeded out today a distinct advantage when recreational use of marijuana is legalized in Canada on October 17, 2018.

Wed
22
Aug

Can blockchain technology disrupt the cannabis black market?

Come mid-October 2018, both medical and recreational cannabis will be legal across Canada.

When first introduced, the Trudeau government made it clear that the intent of legalization is to stamp out the country’s entrenched black market — one-third of which is supplied by organized crime.

Wed
22
Aug

March Networks intelligent video solution to secure Canadian retail cannabis dispensaries

 March Networks®, a world leader in the delivery of video surveillance and video-based business intelligence solutions to the cannabis industry, is pleased to announce that one of Canada's largest cannabis producers has selected its complete cannabis video solution to provide security, loss prevention and operational insights for its retail dispensaries.

Tue
21
Aug

Legal marijuana to create thousands of new jobs in Canada, from scientific research to lab analysts

Canada’s budding marijuana industry is set for rapid job growth as recreational use will become legal in October.

A flourishing weed business has led more and more Canadians to search for opportunities in the sector. Job hunting related to pot has more than quadrupled compared to a year ago, The Globe and Mail reported last week. For instance, in the province of Saskatchewan, marijuana grow-ops, distribution centers, warehouses and retail stores will likely create about 700 new jobs by the time recreational use is officially legalized this fall, CBC reported.

Tue
14
Aug

3 Canadian LP's that need to be on your radar

The summer has been a rough time for Canadian cannabis stocks and Horizons Marijuana Life Sciences ETF (HMMJ.TO) (HMLSF) has fallen approx. 25% from its late June highs.

This weakness has taken place on light volume and we have been closely monitoring this trend. Although the decline has been painful, it does not come as a surprise. During the last three years, we have seen the cannabis sector pullback during the summer months and this year has been no different.

We expect the selloff to end very soon and investors need to be monitoring the cannabis sector. Today, we have issued an update on three Canadian licensed producers that are worth highlighting.

Tue
14
Aug

Maricann launches first cannabidiol (CBD) formulation utilizing patented drug delivery technology in Germany

Maricann Group Inc. (CSE:MARI; FWB:75M; OTCQB:MRRCF)is excited to announce the official launch of MariPlant, the Company’s European nutraceutical line of business. MariPlant products will be available for sale in Germany through www.mariplant.de beginning on August 20, 2018, with strategic expansion planned throughout the European Union.

Mon
13
Aug

Green rush: The race to sell cannabis in Canada

In Spruce Grove, Alta., people camped out by city hall, waiting for the doors to open so they could apply to open a cannabis store.

In other places in the province, retailers are signing leases with rents that are as much as twice the usual rate, in the hope they will eventually win the right to sell marijuana in those locations.

In Ontario, veteran retailer Michael Serruya says he has identified 27 future locations for cannabis shops – even though the province’s new government hasn’t officially said whether it will allow a single privately owned store to sell recreational marijuana.

Mon
13
Aug

Construction Advancing at Alternabis Farms

VICTORIA, Aug. 10, 2018 /CNW/ - Alternabis Farms Ltd. ("Alternabis" or the "Company") is pleased to announce construction is advancing at their new state-of-the-art cannabis production facility on Vancouver Island, British Columbia.

The family-owned and operated company applied to become a licensed producer of medical cannabis under the Access to Cannabis for Medical Purposes Regulations (ACMPR) in 2014. The facility is located on a 100-acre farm that is agriculturally zoned and approved for cannabis cultivation.

"Alternabis is a passionate family business with the goal of producing premium and innovative cannabis at an affordable price," said Max Walker, Director of Marketing & Sales.

Fri
10
Aug

Concerns raised about first device set to be approved for roadside drug detection

The first device set to be approved by the federal government for roadside saliva tests to determine marijuana impairment isn’t suited for cold weather, and has been found to give “fairly large proportions of false-positive or false-negative results.”

Last month Justice Minister Jody Wilson-Raybould published a notice of intention to approve the Dräger DrugTest 5000, and list it as “approved drug screening equipment” for law enforcement to use at the roadside to test for both THC and cocaine. 

However, CTV News has found concerns about the efficacy and efficiency of the device.

Thu
09
Aug

CSTAR on track to become licensed cannabis producer

CSTAR Cannabis Inc. ("CSTAR Cannabis") is pleased to announce that its application to become a Licensed Producer ("LP") under Health Canada's Access to Cannabis for Medical Purposes Regulations ("ACMPR") has progressed to the 'Active Review' Stage. This progress places CSTAR Cannabis in the final stage of the ACMPR application process, preceding the issuance of a License to Produce. Meanwhile, CSTAR Cannabis continues to work closely with Health Canada to complete its high technology production facility, designed to cultivate craft cannabis products and develop unique proprietary genetics.   

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