Taking Cash Out of The Equation
PayQwick's eCommerce solution and Safe Harbor Private Banking, partner to bring more integrity, security, and most importantly, safety to the cannabis industry.
American Cannabis host, Ellis Smith, was joined by guest, Steven McMorrow, President and Founder of Cannabis Clean, to discuss how facilities in the cannabis industry can prevent contamination and protect their product, patients, and team.
Over the millennia, farmers have come to understand much of the science behind plant biology—the roles water, nutrients and sunlight each play in successful crop yields. Yet for all this knowledge, they’ve remained subject to the whims of nature; too much or too little rainfall, for instance, could spell disaster.
For the last several decades, cannabis research in the United States has been severely restricted. Despite the growing movement for legalization, federal restrictions on the research of Schedule I substances have effectively prevented research facilities and universities from studying the plant. However, emboldened and driven by the newly legal, recreational market of California, UCLA is pioneering academia into a new era of cannabis research.
Regulation is coming to the medical marijuana industry, and when it does many producers may find themselves lagging behind, struggling to meet the new industry-wide standards. Many experts are expecting federal regulation in the future, from the likes of the Food and Drug Administration, which will require medical marijuana to adhere to strict protocols. Although cleanrooms may not be the required practice now, the cannabis industry is almost certainly headed in that direction.
Imagine real-time water sensors, pulling instantaneous water consumption data directly from the cannabis crop. The future isn’t as far away as one might think, at least according to new research published in the December 2017 issue of Advanced Materials Technologies.
Waste management is a crucial step in the cannabis production process, but a step that rarely receives the attention it deserves. Licensed growers across the U.S. and Canada must meet many municipal and regional waste disposal laws, as cannabis waste isn't as simple as a quick trip to the local landfill, or an easy composting bin.
With unlimited potential in the emerging cannabis industry, many companies outside the industry are starting to take notice and make a huge impact on product innovation. NanoSphere Health Sciences is one such company.
The pursuit of the perfect growing facility is pushing innovation in agriculture. Cannabis presents unique challenges in the field of indoor growing, as the grow conditions required by each strain are as diverse as the strains themselves.
Jim Lieberman didn’t plan to get into the cannabis industry when he graduated from the University of Richmond with a B.A. in chemistry. But, years later, looking back on his colorful journey through water treatment, nuclear & hazardous materials management into the oil & gas industry and pharmaceutical industry - his experiences amalgamated perfectly into the founding of THC Safety, Inc.
This week on Ask a Hempster, Carell had the opportunity to talk with Todd Mitchem, one of the founders of Dacorum Strategies, which is working to change public policy relating to cannabis. In his own words, Mitchem described Dacorum as reasonable, clear voices to help move cannabis initiatives forward at local, state and federal levels.
Distillation in itself is nothing new. Distillation is used in many chemical engineering processes, and people have been distilling alcohol for centuries. Now, distilling cannabis oil is gaining ground and redefining quality, potency, and purity.
BioTrackTHC has always been in the business of compliance and tracking. Although they started with a product designed to help reel in the opiate prescribing problem in Florida, known as Bio-Script, Colorado cannabis businesses expressed a need, and the company began to pivot their product to meet the stringent compliance and tracking requirements of cannabis.
Gary Fast, a longtime member of the sales team at Triminator, speaks about the growing pressure on farmers to implement cost-saving measures. From what Fast has seen, in competitive markets, it's getting more and more challenging for producers to turn a profit.
The current environment surrounding legal cannabis is riddled with inconsistencies, often being referred to as the “Wild West.” From state to state, not only does the legality of cannabis vary, so do the regulations and standards for cannabis businesses. To rein in these inconsistencies and provide the Federal Government with necessary assurances of high standards, Joshua Laterman founded the National Association of Cannabis Business (NACB) to address national standards and policy.
While it’s no secret, consistency is key to producing a quality cannabis crop with the maximum yield possible, maintaining consistency can be challenging as the business grows. Last week, during the Seed to Sale show in Denver, urban-gro received the Excellence in Technology award for their high-density, sense and control technology called Soleil – a data collection marvel in the future agricultural technology which aims to eliminate human error and create unprecedented consistency in grow rooms regardless of size.
On July 1, 2018, changes to federal legislation are set to open up an already liberal marketplace, putting Canada on the cusp of fully legalizing cannabis for recreational purposes – countrywide. Canadian cannabis companies, as well as the peripheral businesses, no longer need to operate on the fringes of the business world and many are ready to take cannabis technology where it has never gone before.
Most growers will tell you that despite the expansion of technology in the cannabis sector, little of it has trickled down to the level of the gardener. Most farmers still rely on a good old-fashioned notebook. The status quo is no integration, little automation, and absolutely no data analysis on environmental conditions.
The development of IT platforms to capture patient data and provide recommended treatments to physicians will lessen the gap between physician knowledge and overall program validity and support.
Advanced technology is driving the cannabis industry, not only from the aspect of manufacturing and production but also in consumer technology. While the price of emerging technology can often keep it out of the reach of the average consumer, a few products have found their way into the market to bring science and precision into consumer’s homes.
The lucrative legal cannabis industry is now utilizing advanced technology solutions such as 3D printing. Integrating 3D printing into the cannabis market is expected to result in improved efficiency in product production.
The growth of any industry yields not only an influx of data but also the need to access this data. Real-time intelligence and analytical platforms are crucial to providing the data insight needed to navigate this new terrain and make informed business decisions.
This week, Rob Neely of CannabisTech had an opportunity to speak with the CEO and Co-founder of Hippo Premium Packaging, Kary Radestock, about their end-to-end branding and packaging solution for cannabis businesses.
As the demand for cannabinoid products continues to climb, businesses are emerging to accommodate this need, some of which are more reputable than others. Utilizing technology, like chromatography, can help separate quality cannabis and hemp producers from the crowd.
As a follow-up from “What Hempsters Eat on the Go”, this week on Ask a Hempster, Carell had the opportunity to speak with Nutrition Expert and Product Formulator for Pure Kind Botanicals, Mary Matarazzo about all the amazing ways hemp can enhance your current health and nutrition regimen.
Combining the complex regulatory requirements of the cannabis industry with the pace of today’s world, Grasshopper Kiosks has taken the traditional vending machine and given it a modern-day makeover to help streamline the retail process in many dispensaries.
While the cannabis industry continues to grow, law enforcement agencies are scrambling for solutions to prevent or deter driving under the influence. Although impaired driving has always been a focus of the nation’s law enforcement entities, the legalization of medicinal cannabis has raised significant concerns regarding the operation of motor vehicles while under the influence of cannabis. Taking a similar approach to alcohol, rapid roadside intoxication testing for cannabis is on the rise, and manufacturers are scrambling to bring an effective device to market.
Trimming is a vital part of the cannabis cultivation process that removes undesirable leaves from the bud, making a smoother smoking experience for consumers. Hand-trimmed has been the standard practice due to the quality professional trimmers provide. However, quality trimming doesn’t necessarily have to mean “hand-trimmed” anymore.
A relatively new entry into the cannabis industry, GrowX’s aeroponic innovations for indoor operations are nevertheless revolutionizing the sector. Just as LED light science dramatically changed the market just a few years ago, aeroponics is set to do the same by improving yield while reducing water consumption.
What happens when a group of self-professed “Silicon Valley Geeks” find themselves immersed in cannabis cultivation? Limitless possibilities. The push for technology in the indoor agriculture industry is no different than any other: to bring a user-friendly interface to hide the complex processes for a software controlled, mechanical environment.
Every traditional insurance policy has a clause that excludes all contraband and all fraudulent activities. These two clauses alone are enough to deny a claim for a cannabis-related business because it is defined as contraband by the federal government.
Hemp plastic is increasingly becoming a viable option as an eco-friendly alternative to carbon-based plastic. Not only is this bioplastic sourced from safe and sustainable hemp plants, but it is also typically both biodegradable and recyclable.
Data management and cybersecurity in the cannabis industry is often the last item on an organization's lengthy to-do list. Cannabis companies are scaling rapidly, with far too many other issues to contend with; data security is barely a blip on the radar.
Historically, hemp helped build the United States of America. During the 17th century, it was considered a farmer’s “civic duty” to grow the crop. However, collusion of special interests threatened by the cannabis industry successfully accomplished the 1937 Marijuana Tax Act, which prohibited industrial hemp production. Complemented by the anti-hemp and cannabis propaganda, and politics, hemp was prevented from being grown as a legitimate crop in the US until the 2014 Farm Bill.
While the federal government continues to tighten the clamps on the cannabis industry, compliance and tracking of business transactions that include banking, payroll, and distribution of products have never been more critical.
In a recent interview, Cannabis Tech and Ellis Smith had the opportunity to discuss the future of energy efficiency and standards with energy expert John Morris, founder and board secretary of Resource Innovation Institute.
The cannabis industry is one of many industries benefiting from what blockchain technology has to offer. We’re going to take a look at six companies who are leveraging blockchain solutions in the cannabis industry. But first, we need to know exactly what blockchain is and how it works.
This week, CannabisTech had the opportunity to speak with Patrick Kohlhaas, a Field Applications Specialist with BUCHI. Although BUCHI has worked extensively with other industries like pharmaceuticals, oil, and anyone who uses chemistry processes, Kohlhaas’ newly created position has been spearheading the cannabis industry for the last two years to bring pharmaceutical-grade processes into cannabis production with a goal to provide higher-quality, safer cannabis-based products.
Vacuum ovens have been used for years in many industries, but in recent years, they have become prominent among commercial cannabis growers. How do they work and how are they utilized in the cannabis industry?
Due to the growth of the hemp industry, demand for specialized hemp processing equipment has surpassed the supply. As many entrepreneurs have discovered, finding machinery equipped to handle the tough fibrous stalk of hemp plants is no simple task.
Rosin extraction is unique, typically requiring extensive experimentation between a number of key elements before a perfect final product is created. Active exploration makes it possible to gain full control of the process and a consistent cannabis extraction.
With over 38 successful rebate applications under its belt, Seinergy has contributed to over 20 million annual kWh of approved energy reductions within the cannabis industry thus far; equivalent to outfitting over 7,500 homes with solar panels
Two of the most popular distillation methods whose product offers both a better flavor and experience is the Short Path Distillation Process and its cousin, the Short Path Wiped Film Distillation Process. Both of which achieve very similar results in different ways. We’ll be going into detail on those differences a bit later, however.
CannabisTech had an opportunity to speak with Dr. Peshkovsky this week about what Industrial Sonomechanics is doing, and the future of nanoemulsion in cannabinoid therapy and the legal cannabis industry.
The rapidly expanding legal cannabis industry is generating a flurry of technological advances within the agriculture industry. Many forward-thinking manufacturers within the industry have grasped this opportunity to breathe new life into indoor cultivation and agriculture.
Long gone are the days of growing cannabis with a simple on-off light switch and a manually managed light schedule. Large-scale commercial operations rely on much more than intuition these days; using high-tech mobile apps for remote management and in-depth analysis of historical light information. In fact, growers are now using technology to learn intimate details about the light requirements of specific strains and then making minute adjustments to produce individualized LED light recipes that their forefathers could only dream about.
Todd Mitchem is no stranger. He is an entrepreneur, CEO and Co-founder of Todd Mitchel Companies (TMC) and a 2018 congressional candidate. Along with running his successful companies he is an avid speaker and provides guidance on the power of change, communication and working together as a team.
We had an opportunity to speak with Robert Schneider about Botana's Grow Journal app and its new addition, Bug Tracker, which helps growers monitor and control pest activity.
The cannabis industry is moving toward cryptocurrencies for international business. With so many new ones popping up in the market, what are the differences between them?
Financial technology, or FINTECH, has established new platforms for many businesses and companies. With improved capabilities, firms are catching on to alternative forms of banking that offer automation of various financial processes ranging from payments to billing and invoicing.
The environment in a modern cannabis grow facility is dynamic, fortunately there is equipment out there when properly applied that can protect the crops from mold and mildew while maximizing crop yield and the growers return on investment.
Software as a Service or SaaS is vital to keep many processes moving and improve the level of transactions between buyers and sellers. The cannabis industry has seen much improvement in areas that are typically bottlenecks in production and sales such as, e-commerce, customer relationship management (CRM), seed-to-sale, business aggregators and inventory management. The emergence of these B2B services empower not only cultivators and dispensaries but also customers.
Cannabis testing has become a much-needed industry solution for growers and producers nationwide. The recent wave of looser and more exploratory cannabis laws has reinvigorated an emerging multi-billion-dollar commerce and as such, stronger quality control and quality assurance tests make sure that only the best, highest quality cannabis is out in the market.
Innovations in horticultural lighting technologies have advanced with the continued growth in many plant-based industries, including food consumption and pharmaceuticals. Among the uses of more advanced lighting science is the ability to control the min-maxing of photosynthetic light fixtures, improving yield and growth cycle duration.