Cannabis Technology News

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tech
technology
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 JĂĽrgen 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.

Wed
28
Nov

Mastering the art and science of cannabis through Canada’s first cannabis sommelier course

If one looks to industries like beer, wine or even coffee—each has its own exams and series of certifications to test one’s own sensory realms. Those who clear these high hurdles are called things like sommeliers, cicerone or Q-graders.

Tue
27
Nov

Neuroscience explains why cannabis may be key to fighting the opioid crisis

Canada currently finds itself at the intersection of two historic social phenomena with massive implications for public health.

First, after decades of restricting public access to marijuana, on Oct. 17, Canada became the first major industrial nation to fully legalize cannabis for both medicinal and recreational usage.

Second, we find ourselves in the throes of a worsening opioid addiction crisis that has already caused the deaths of thousands of Canadians, young and old.

Tue
27
Nov

Namaste Technologies takes $250,000 stake in Kief Cannabis

Cannabis e-commerce operator Namaste Technologies Inc (CVE:N) (OTCQB:NXTTF) has unveiled an investment of $250,000 in Kief Cannabis, a Manitoba-based craft cannabis producer.

Namaste’s funding comes in exchange for 46,729 class B shares of Kief at a cost of $5.35 per share and gives it a 3% stake in Kief, based on an $8.1 million valuation.

Tue
27
Nov

Canadian tech companies look to cash in on cannabis with innovations and apps

One of John Lem’s first hints that the technology behind his DNA testing company Spartan Bioscience could be a hit with cannabis users came years ago when an executive asked him if genetics could have caused a bad reaction to pot.

The question intrigued Lem so much that he eventually applied Spartan’s technology to a new Toronto-based venture called Lobo Genetics. Through Lobo, he created a genetic testing device that fits in the palm of a hand and uses cells obtained through a cheek swab to measure a person’s ability to metabolize THC — the main psychoactive component in cannabis — and determine someone’s predisposition to short- and long-term side effects.

Mon
26
Nov

Ambitious vision for Terra Tech Corp

Terra Tech Corp (OTCMKTS: TRTC) – is a really exciting company that has its supporters and its detractors especially after the last quarterly report but nobody can dispute the incredible transformation that has taken place with Terra Tech over the last few years led by founder and CEO Derek Peterson. When TRTC first hit the OTCBB 5 years ago the Company had big plans but no revenues and no real business just like so many other over the counter cannabis stocks of the day. That is certainly not that case now with Terra Tech; last quarter aside Terra Tech has made something of itself.

Wed
21
Nov

Radient Technologies files patent applications for cannabis supply chain processes

On Monday, Radient Technologies Inc. (TSXV:RTI) filed thirteen patent applications for inventions to improve and expedite efficient tracking of cannabis biomass to cannabis-extract containing products. Additionally, Radient intends to use artificial intelligence to augment existing tracking templates with the use of “smart” technology. The company’s new inventions will ultimately create enhanced solutions for tracking the cannabis plant through its entire lifecycle, from genetics to extraction to shipping and sales.

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