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Hemp was federally legalized under the 2018 Farm Bill, permitting its cultivation and production. Last week, the U.S. agriculture department published a roadmap for hemp that focused on the crop’s research needs. The roadmap is divided into the following areas: best production pract...
New research has facilitated the development of an artificial intelligence model that can detect illnesses by examining medical images . This model can accurately pick out tumors and provide reasons for every diagnosis given via visual maps. This tool’s development marks an important adva...
In 2021, Arizona witnessed the legalization of two long-operating but previously illicit industries : sports betting and recreational cannabis. This change brought a surge of tax revenue to the state, with one industry outpacing the other significantly. While sports betting enjoys greater popu...
Astrotech (NASDAQ: ASTC) , a science and technology company focused on commercializing its innovative platform mass spectrometry technology through its wholly owned subsidiaries, recently released financial results for Q2 2024. “The company recorded a 512% jump in its year-to-date (‘...
Legislators in Kansas have doubled back on a measure that would have legalized hemp in animal feed . Under federal law, hemp was legalized through the passage of the 2018 Farm Bill. The plant was subsequently removed from the list of controlled substances. Hemp is defined as the Cannabis sativ...
Astrotech (NASDAQ: ASTC) is a mass spectrometry company that, through its wholly owned subsidiary 1st Detect, has developed and rolled out the breakthrough TRACER 1000(TM) Explosive Trace Detector (“ETD”). “The world’s first mass spectrometry-based ETD certified by th...
Astrotech reported financial results for the quarter ended December 31, 2023, recording year-to-date revenue of $1,540,000 The company attributed the growth to the successful fulfillment of two significant purchase orders for the TRACER 1000(TM), the world’s first mass spectrometer-based...
Florida may soon ban delta-8 products such as vapes, edible gummies and joints. This comes after senators approved a measure that would prevent naturally occurring or synthetic delta-8 and delta-10 from being sold legally as hemp products. Delta-8 and delta-10 can produce a psychoactive high ...
Astrotech’s (NASDAQ: ASTC) subsidiary AgLAB, Inc. has breakthrough mass spectrometry technology in its AgLAB 1000-D2 mass spectrometer and the Maximum Value Process(TM) testing method (“AgLAB MVP”). “AgLAB MVP is designed to improve yields and bottom-line profits for ...
A recent study has found that by 2027, the value of the global market size of industrial hemp will have hit $18.6 billion. This valuation will be reached if the market grows at the projected compound annual growth rate of 22.4%. The global hemp market is based on source, type, region and appl...
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Conventional healthcare employs the use of manual testing techniques that are prone to delays and errors. These errors may affect patient care and diagnosis , leading to loss of valuable time for treatment. Robots can be used in different tasks in the healthcare landscape, including analyzing ...
In the chemical manufacturing industry, innovative uses of mass spectrometry are a game-changer by ensuring quality control, increased yields, and increased profits Astrotech subsidiary, Pro-Control Inc., has positioned its product line between the need for the chemical manufacturers to offset ...
Farmers in Idaho are set to plant almost two times as much hemp this year as they did in 2023. Data from the state’s department of agriculture shows that last year, state farmers planted more than 1,200 acres of hemp. This is more than three times the hemp planted in 2022 when the state ...