Blockchain Technology Integration In The Cannabis Supply Chain

The report indicates that enhanced transparency and immutability, improving smart contracts, increasing security concerns are factors that drive the growth of the market.

NEW YORK: According to a market research reported by IndustryARC, the blockchain market in supply chain is expected to reach $424.24 million by 2023, with a compound annual growth rate of 48.37 percent during the forecast period. A supply chain is a network between a company and its suppliers to produce and distribute products or services to the Read the full article…

greenRush.com Closes $3.6 Million Series A Funding Round

MJ and CBD sales point up in 2018

CALIFORNIA:  greenRush.com, the largest online marketplace for legally purchasing cannabis, today announced the $3.6 million closing of its Series A Funding Round. The Round will fuel the expansion of the company’s current recreational and medical marijuana services in California, Nevada, Massachusetts, Maryland, New York, Pennsylvania, and Illinois. The company’s latest group of investors include James Weil, President Read the full article…

High Tech Times For Medical Marijuana In The US

In achieving this within the cannabis industry, an enormous opportunity exists for technologists to both standardize and create proper marketplaces within which to sell raw cannabis, as well as its derivatives.

Medical marijuana is now legal in 23 US states and it has prompted a market for cannabis related apps including those connecting producers with customers, delivery services and review sites. BBC Click‘s Sumi Das reports.

Pitching Marijuana Startups Brings New Meaning To High Tech

Since Colorado and Washington first voted to legalize recreational marijuana use in late 2012, the legal cannabis market has grown from $1.5 billion in 2013 to $2.7 billion last year, according to industry estimates. That kind of velocity gets the attention of investors, many of whom focus on tech.

CALIFORNIA: Investing in a social network closely tied to a booming industry sounds great, until Apple kicks the thing you invested in out of the App Store because the platform is all about marijuana. It’s one of the many things that can happen when two of the fastest growing industries in America come together, as is Read the full article…