A new analysis by Verify Markets shows the total U.S. wholesale legal marijuana market was valued at $210.7 million in 2016. Increased legalization efforts at the 2016 election in November resulted in more states approving marijuana initiatives in some form, i.e., medical or recreational.

A digital currency for the legal marijuana industry is plummeting a day after it sponsored Dennis Rodman's trip to North Korea. 

PotCoin is a digital cryptocurrency — much like bitcoin — that was specifically developed to remove the need for cash transactions between marijuana consumers and dispensaries.

PotCoin plummeted 23% on Wednesday, just a day after it soared 97% following the publicity it received from sponsoring Rodman's trip. 

The currency is valued at just over 13 US cents. 

Cannabinoid biotechnology company MediPen Ltd. is launching its own dedicated 1,800ft sq marijuana research facility this summer, which will also provide a platform for anyone looking to utilise its facilities for the purposes of driving innovation around the use of medicinal cannabis.

Imagine you single-handedly run a lemonade stand.

You get 20 customers each day and have just the right amount of ingredients for a day’s commerce. Then, out of the blue, you get coverage from the New York Times.

Technology and cannabis go together like cookies and milk. Or, since I’m writing this from LA, like Girl Scout Cookies and Soylent.

Not only is the Golden State host to the tech hub of the century in Silicon Valley and beyond, it also boasts the oldest medical marijuana market in the country. California is a state (and a state of mind) I’ve called home for most of my adult life, and as a dedicated technofuturist, my experiences here have inspired me to predict some hybrid innovations of my own.

As the cannabis industry evolves at an exponential pace, we’re likely to see some of these ideas come to fruition sooner than you might think.

The cannabis industry is booming, and the cannabis tech sector is no exception.There’s the “Tinder for Tokers,” the “Uber for Weed” and the “Amazon of Cannabis.” As Sheena Shiravi, head of public relations for cannabis delivery app Eaze, says, “Cannabis is a brand-new industry, and every single part of the supply chain provides opportunities for an app.” Here are five digital tools that are helping enthusiasts and amateurs cultivate a deeper relationship with marijuana.

PotCoin, a crypto currency for the legalized cannabis industry, jumped in value on Tuesday after ex-basketball star Dennis Rodman arrived in North Korea wearing a t-shirt and baseball cap emblazoned with the digital payment system's logo.

PotCoin, which hopes to become the of the marijuana industry, is sponsoring the former National Basketball Association player's trip to North Korea to meet with the leader of the reclusive state, Kim Jong Un.

PotCoin, like Bitcoin, is a virtual currency that can be moved like money around the world anonymously without the need for a central authority.

Some get in the pot business to do good. Some get into it hoping to do good and do well.

This is not your father’s marijuana industry. In a couple of decades we’ve gone from a completely black market in marijuana to a legal market valued at $4 billion a year — and projected to increase rapidly — and from tie-dyed Northern California pot farmers hiding from helicopters to people in suits and ties with dollar signs in their eyes.

Question: When is a datacentre not a datacentre?

Answer: When it’s growing pot.

Smart datacentre managers use technology to regulate power consumption and productivity. Paolo Pincente, CEO of Grow Ratio, is basing his business on the fact that cannabis grow-ops work the same way.

Pincente comes from an IT background, having sold his managed IT services business pNetworks in 2015. Now, he wants to bring the same efficiencies found in high-performance datacentres into licensed grow-ops.

Few inventions in history have changed the world to the extent that video has. From movies to TV to instant video streaming and sharing on the Internet, for the most part, our lives revolve around the capabilities and limitations of what we can do with video.

Video has also changed the face of security. Video surveillance has come a long way from that camera you saw on the ceiling at the bank when you were a kid. Now, thanks to the Internet and advancing technology, video can be recorded and streamed from wherever you can get a web connection.