Category: Cannabis Tech
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Third-party delivery service Waitr announced today it has entered into an agreement to buy Delray Beach, Florida-based company Delivery Dudes for $23 million. The stock-and-cash deal is expected to close before the end of next week. Delivery Dudes’ digital ordering properties and phone number will remain operational. The company said the acquisition would help it…
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Investors are on a high lately towards CBD. Now it seems that at least one CBD company is feeling pretty sweet towards one sugary beverage brand. Late last week HeavenlyRx, a hemp-focused portfolio company of cannabis investment firm SOL Global Investments, spent $9 million to acquire 15 million shares of Seattle-based Jones Soda Co. The deal…
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I have a love-hate relationship with coffee. I can’t start my day without it, but by the end of my morning cup I’m often left feeling jittery and anxious. A new coffee add-on promises to keep all the best part of your daily caffeine fix while doing away with the negative side effects. Cannabidiol (CBD),…
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Half Baked. Phish Food. Willie Nelson’s Country Peach Cobbler. Ben & Jerry’s may have made plenty of flavors that sound like they’re infused with cannabis, but so far they’ve steered clear of actually putting pot in their pints. But all that’s about to change. Today the Unilever-owned company announced plans to release a line of CBD ice…
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There’s not a whole lot new that’s happened in coffee. Sure, Starbuck’s may debut a new kooky frappuccino flavor on the regular (s’mores?!). But in terms of actually changing coffee itself, not much new has come along since we all simultaneously discovered we loved cold brew. Dave Briskie, President and CFO of wellness conglomerate Youngevity International…
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Yesterday Carl’s Jr. got the internet all giddy when it announced it will sell a CBD-infused burger for one day, in one location. The Rocky Mountain High: CheeseBurger Delight burger will be available on April 20 (duh), at one location in Denver, CO. The burger will come with pickled jalepeños, pepper jack cheese, and Carl’s…
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Indoor farming company Seedo announced it will manufacture more than 1,800 of its indoor grow boxes in Q2 of 2019. Seedo’s device is a self-contained, airtight box that looks like a mini-fridge and automates the process of growing herbs and vegetables hydroponically. The device pairs with a smartphone app that lets users choose a grow…
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You just got one step closer to being able to legally purchase CBD-infused chocolates, sugar, beer and more. Today the Food & Drug Administration (FDA) released a statement announcing a new action plan to jumpstart regulations for “the lawful marketing of appropriate cannabis and cannabis-derived products.” Basically, the FDA is taking initial steps towards regulating foods and drinks infused…
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Ever since I blindly got a vomit-flavored jelly bean from the Bertie Bott’s Every Flavor Beans box, I’ve been pretty wary of the candy. But that might be about to change. The creator of Jelly Belly, David Klein, has launched a line of jelly beans infused with cannabidiol (CBD), the non-hallucinogenic compound in cannabis (h/t…
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Cannabidiol (CBD) — the non-hallucinogenic ingredient in cannabis meant to promote relaxation — could be headed to your neighborhood Starbucks. Well, eventually. This week financial services company Cowen released a report predicting the CBD market could be worth $16 billion by 2025. More interestingly, it hinted that Starbuck’s could be one of the first major chains…
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When you think of what yeast can do, your mind probably goes to bread or beer. But in a paper published today in Nature, scientists from UC Berkeley announced that they had successfully created the chemical compounds in marijuana — both THC and CBD — from bioengineered microscopic fungi. AKA yeast. (H/t Quartz.) To do this, the…
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Yesterday prima, a wellness brand championing the use of CBD, announced it had closed a seed round of $3.3 million. The round was led by Lerer Hippeau, with participation from Greycroft and other undisclosed investors. As of now, the website is just an email signup form to request early access to the site. The Santa Monica, CA-based prima plans to…
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