CannabisTech

Integrating cryptocurrency transaction options is a safe, easy, and affordable solution for the government banking stonewall.

In 2021, California’s first legally registered cannabis delivery service, SpeedWeed, started accepting Bitcoin payments. With the cryptocurrency (crypto) market reaching $3 trillion and the cannabis market reaching a value of just over $16 billion last year, these rapid-growing industries are on course to see more cross-integration like this over time.

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If you are only just now stepping into the world of crop steering — get ready.

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Last year was one of the hottest years on record for the planet; it was also the hottest year for NFTs or non-fungible tokens.

A digital artwork titled “Everydays: The First 5000 Days” by digital artist Mike Winkelmann, also known as Beeple, sold for $69 million at Christie’s. It was the first NFT that an internationally renowned auction house had ever sold and that single sale produced 8.7 MWh of energy.

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From textiles to hempcrete and gasoline, producers must convert hemp from plant mass to individual materials before the crop is ready to be used for industrial purposes. The process of industrial hemp processing and conditioning has been reborn since prohibition halted hemp's progress in the 1940s, and today it stands to be one of the more promising ways farmers can profit off their hemp.

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The rise of the marijuana industry in the United States is upon us, and existing cannabis intoxication detection methods such as urine, blood, or saliva tests were not designed for cannabis and have significant limitations. Simply testing positive for the THC metabolite is not an indicator of impairment. However, a study published in the Drug and Alcohol Dependence, led by Steven's Institute of Technology assistant professor, Sang Won Bae reveals how smartphone technology may help bridge the gap.

With the use of the co-developed smartphone application, machine-learning models were used by Bae in research for detecting binge drinking. In addition, according to a press release, the algorithm could help law enforcement, employers and health professionals predict if a person is currently experiencing 'cannabis intoxication’, as well.

Is it truly as accurate as it is perceived? This testing method raises a conversation amongst the cannabis community, as well as, your average adult-use consumers and medical patients.

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As the cannabis industry grows into a legitimate segment of the agricultural world, precision through the use of environmental sensors replaces the reliance on skill, experience, estimation and human error. No longer can farmers rely on eyeballing and guessing what their crops need, opting instead for sensors with live reading and data reporting.

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The delivery giant recently made headlines announcing its support for nationwide legalization via the MORE Act. In addition, Bezos said the company would end drug-testing some employees for cannabis use.

Gaining support from Amazon for the cannabis industry is big. The company has around 1.3 million people across the globe, and this announcement contradicts the prohibitionist idea that people who enjoy cannabis on their own time cannot be productive, happy, and healthy.

Amazon drones dropping down packages of weed to the front doors of American homes might be challenging to imagine. But it may not be far off. Maybe the question becomes whether or not the cannabis industry is ready for Amazon's involvement?

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The economics of cannabis and hemp run deep. Beau Whitney, a leading cannabis economist and founder of Whitney Economics joins Cannabis Tech this week to talk about how economics is driving, shaping, and evolving the cannabis and hemp industries.

Growing cannabis better starts with understanding the various methods for eco-friendly cannabis. Outdoor, indoor, and specialized techniques contribute to producing a commercial cannabis crop and reducing the carbon footprint.

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Indoor cannabis cultivation promises total control over the growing environment. That means no weather disruptions, no surprises from a changing climate, and all-year growing. However, as many indoor cultivators have discovered, controlled environment agriculture (CEA) is still prone to fluctuations.

Pockets of stagnant air develop underneath the canopy in a large flower room. Outdoor seasonal changes still impact the indoor temperature and relative humidity. In another example, relative humidity spikes in response to changes in the plants themselves.

These ongoing fluctuations are why cultivators, both large and small, turn to automation and advanced grow room controls.

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