“Technology is rapidly adapting to the cannabis industry. Whether it is working towards improvements on the agriculture side or creating cannabis friendly social media, it is being used to solve some challenging issues in this new industry”.
Technology has had a noticeable impact on legalization. For example, if a product is found to have pesticide residue, that product can be tracked back to the source grower/plant batches used in the production of that product. Immediately these products can be recalled and pulled off the shelf. It keeps customers safe and healthy. You don’t get this kind of transparency with a black market. According to David Goldstein, CEO of PotBotics, without clear FDA (Food and Drug Administration) testing, patients are required to educate themselves about cannabis and its effects. Now, using technology to order cannabis online has become normalized in certain markets, especially in tech and cannabis-rich California. Storz & Bickel, the German vaporizing company produces medical grade vaporizers since 1998. Their Volcano Vaporizer remains the “go to” choice for medical cannabis patients: it integrates with patients using their smartphones to vaporize at appropriate temperatures, creating a way for patients to get quality vaporization on the go. Headset offers retailers data-driven analytics to optimize a modern cannabis business. In 2015, cannabis tech companies have harnessed the power of big data, applying it to the cannabis industry by capturing user/patient demographics and analyzing market trends to create sophisticated predictive models. “Cannabis technology is the space to watch in 2016. With legal developments across the country you’re going to see turbocharged interest, investment, and tech development in cannabis fueled by massive expansion of cultivation, manufacturing, distribution and consumption across the world”.