Technology is helping the cannabis and hemp industries evolve. From cultivation monitoring systems to comprehensive seed to sale solutions and retail automation, the internet of things is changing the landscape.
Andrea E. Holmes, Ph.D., Professor of Chemistry at Doane University, Chief Growth Officer at Precision Plant Molecules (PPM), and Advocate for Ethical Treatment of Animals provides insight into the emerging industry of cannabinoids in pet medicine.
A growing body of research and the proliferation of information are some of the most beneficial aspects of the legal cannabis movement and the age of information. While cannabinoid education is a new territory for the average consumer, research began decades ago.
Hands down, tetrahydrocannabinol (THC) is the most famous cannabinoid. Out of more than 113 known cannabinoids, THC is the primary psychoactive (or intoxicating) molecule. It is both the most controversial and the most medicinally valuable based on the current body of research.
Due to conflicts on the state and federal level regarding the legality of cannabis, there is a grey area around the possession of these substances. In Pennsylvania, one is allowed to purchase flower, but it’s illegal to smoke it. Hemp, however, is legal on a federal level, and several states, including Michigan, have seen the first of their legal hemp harvests this year.
Alongside delta-9-tetrahydrocannabinol (Δ9-THC), cannabidiol (CBD) is the second most popular cannabinoid. With proven therapeutic value, non-intoxicating effects, and an excellent safety profile, it has massive market potential. CBD already broad appeal among patients, healthcare providers, and the industry at large.
Although we are only coming into harvest season, already 2019 has witnessed many significant scientific and technological breakthroughs in the cannabis industry. With the speed of innovation in this industry, you're forgiven if you've missed some of the most notable developments.
2019 has been a year of big moves for Socati. Within the last six months, it has raised $40 million in private investment, acquired Blue Marble Biomaterials (including a 22,000 sq. ft. manufacturing facility in Missoula Montana), and laid the groundwork for moving its headquarters to the tech-hub of Austin, Texas. Socati is positioning itself as a leader in extraction and broad-spectrum hemp oil in the US.
