Weed vending machine debuts with more on the way
Marijuana vending machines are rolling out in Colorado and Massachusetts to offer customers contactless buying at dispensaries in states where pot is legal.
Marijuana vending machines are rolling out in Colorado and Massachusetts to offer customers contactless buying at dispensaries in states where pot is legal.
Whether you’re a seasoned cannasseur or a newbie to the herb, you’ve probably heard about the entourage effect. This phenomenon refers to the synergy that takes place when THC, CBD, minor cannabinoids, and terpenes work together to provide health benefits.
Achieving consistent, quality products means testing in a consistent manner. Consistency starts with regulation.
Most legitimate cannabis and hemp companies form relationships with third-party testing laboratories. Independent chemists test their products for cannabinoid content, terpene content, and contamination levels, and the data collected is made available to retailers and consumers.
The cannabis industry is growing rapidly with every passing year, and investors are also taking notice of it. With the development of new technology, this industry is becoming better than ever.
Innovations are taking place constantly that you can notice whether you use cannabis for medical purposes or recreational purposes. The trend is likely to continue this way, thanks to the less strict policies now.
This allows enthusiasts to try new things with the help of new technology.
Making a purchase is one thing; purchasing good quality is another. Is there a way to tell the difference?
With the legalization of cannabis in more parts of the world, there is an expected increase in low-quality batches. How can cannabis quality be effectively measured?
Whether you agree with the sentiment or not, financial institutions mostly still view the cannabis market via the prism of too much risk. But the banking industry is changing.
The gears of automated delivery management were in motion long before the arrival of Uber and other sharing services. Tech behemoths like Amazon had already shattered the glass ceiling on next-day delivery, but their buffet of consumer products was missing many of the smaller markets.
The FDA has opened public comments for new preliminary guidance from the agency for cannabis pharmaceutical research.
As governments respond to the evolving coronavirus pandemic, the global cannabis industry is navigating a constantly changing landscape. Many businesses must adjust operations or update policies, typically on short notice, to comply with changing regulations. More often than not, these changes can be executed with the help of advanced technology solutions that cater specifically to the complex needs of a cannabis business. The legal cannabis industry is coming of age in the middle of a technology revolution.
One cannabis storefront's executives reported that, at $100,000 a day, sales were only half of what they had been before the lockdown.
The gigantic Planet 13 dispensary in Las Vegas was conceived as a tourist destination as much as a store.
The cannabis industry is booming. Sales for state-legal cannabis businesses are projected to reach close to $30 billion by 2025. Yet most of these businesses are still reliant on cash to run their business. And that can cause a lot of trouble.
But digital payments — and FinTech companies like AeroPay — have the opportunity to disrupt this long underserved industry. Here’s how: