The cannabis industry is booming all over the globe, mostly from a medical cannabis standpoint. 

Dozens of countries now allow some form of legal medical cannabis industry to operate within their borders, and some of those countries also have some type of legal import/export industry.

Adult-use is far more limited.

Only two countries, Uruguay and Canada, allow a legal adult-use industry to operate, and in the case of Uruguay, sales are only allowed for residents.

Fortunately, a number of countries are exploring the idea of full legalization, and multiple countries such as Mexico are working to implement adult-use court-ordered mandates.

In addition to trying to get through the bureaucratic red tape that it takes to get approved to study marijuana, researchers have only been allowed to use weed grown by Uncle Sam at the University of Mississippi.

Politicians, drug warriors and other naysayers of the nug are always complaining that there’s not enough research available to prove the efficacy of medical marijuana for the treatment of various health conditions. But that’s difficult when the United States government continues to ensure that scientists only get the trashiest bud to gauge its therapeutic performance. However, Congress is working on a plan that would allow researchers to have access to higher quality cannabis products.

The U.S. House of Representatives passed a bill on Wednesday afternoon designed to enhance medical marijuana research nationwide. The proposal, which is aptly titled “The Medical Marijuana Research Act (MMRA),” would provide scientists with the same cannabis grown and sold in legal states. It’s a positive step for cannabis researchers who have complained for decades that the government’s research-grade marijuana is subpar to what is available in states where it is legal. 

Democratic Congressman Earl Blumenauer, who sponsored the measure with a number of Republicans, said before the bill’s passage that the time has come to change the antiquated protocols on research marijuana. 

“The cannabis laws in this country are broken, especially those that deal with research. It’s illegal everywhere in America to drive under the influence of alcohol, cannabis, or any other substance. But we do not have a good test for impairment because we can’t study it … This is insane and we need to change it,” Blumenauer said. “At a time when there are four million registered medical cannabis patients, and many more likely self-medicate, when there are 91% of Americans supporting medical cannabis, it’s time to change the system. Our bill will do precisely that.”

Is cannabis safe for pregnant women to use?

Is there a danger to secondhand cannabis smoke?

Does cannabis use clash with other medications?

All of these are fairly straightforward questions which should be straightforward to study, but not in the nascent grey industry that is legal cannabis.

Scientifically speaking, we know more about the effects of cow flatulence on the atmosphere than the effects of cannabis on the human body.

More and more countries have been loosening their policies when it comes to the non-psychoactive component of cannabis – CBD (cannabidiol). With a new amendment waiting for final approval, Israel says CBD is not dangerous, and is expected next week to remove it from its Dangerous Drugs Ordinance.

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When it comes to cannabis, Israel is not the most lax country when it comes to regulation. However, this undermines the fact that Israel is about the most far ahead when it comes to medical research concerning cannabis. With the help of Raphael Mechoulam, whose work was roundly ignored for decades, and who in the more recent environment of cannabis acceptance has now been lauded for his work, Israel has been the world leader in cannabis research. This did not stop the drug from being completely illegal recreationally, with no personal use laws until only the last couple years. Now, in a move that shows its ready to play catch-up for real, Israel not only is discussing plans for a recreational legalization, but is set to remove CBD from its list of dangerous drugs, with the expectation that CBD products will soon be lining supermarket shelves.

Current Israeli cannabis laws

Israel only instituted a decriminalization policy for cannabis in 2019, which affords personal use rights for small amounts in the home. The term ‘small amounts’ was defined by the Anti-Drug Authority as 15 grams. Public use and possession still results in a fine of 1000 NIS, or $307 (by today’s conversion), though this is a vast improvement from what it was before, when offenders could be required to pay as much as 226,000 NIS, or $69,479 (by today’s conversion). The 1000 NIS is just for a first offense, and doubles with the second offence, and turns into a criminal act on the third. This comes with the loss of a drivers’ license and/or gun as well. Minors under the age of 18 who reject a treatment program when caught, can still be subjected to jail time.

Like pretty much anywhere in the world, selling and supply crimes are illegal, and offenders can find themselves with 20-year prison sentences. This can be increased to 25 years in the case of extenuating circumstances, like selling to a minor. Cultivation is technically illegal, but also seems to fall into gray area. According to the Dangerous Drugs Ordinance, growing can carry up to 20 years. In 2017, the publication Cannabis made public that there had been an order issued which stated that growing small amounts for personal use would only be seen as a minor violation. This was meant to be a way to separate large-scale, and small-scale growers. However, this order was obviously never meant to be public, and when Cannabis put out the news, the response from law enforcement was that no change had legally been made.

It’s early on a mid-March Friday morning at the Oregon CBD headquarters, outside Corvallis, Oregon. The company’s co-founder, Eric Crawford, is breaking up a piece of intimidatingly frosty cannabis as I watch with apprehension.

“Don’t worry, it’s only hemp,” Crawford jokes as he packs the flower into the bowl of a glass pipe. “It has no measurable THC or CBD, but about 15 percent CBG and it really helps with staying focused.”

Fridays are usually filled with non-stop meetings at the industrial hemp seed firm, especially as the cannabis growing season approaches. Clients travel from across the nation to sit down and pick the two brains behind the business: Eric Crawford and his co-founder and brother Seth Crawford. The brothers admit that with the barrage of questions visiting clients often lob their way, sometimes a little help with focus can go a long way.

While their innovative early-finishing, CBD-rich strains have brought them success in the past, the duo has spent the last two years working to stabilize the nation’s first production-ready, CBG-dominant varietals in seed form.

CBG, the non-intoxicating cannabis compound whose full name is cannabigerol, has been garnering attention for its promising effects in the treatment of a wide variety of medical conditions.

For one, technology is creating more effective CBD products for the CBD market, and better, more efficient products.

Wall Street experts project the CBD industry to swell to more than 22 billion dollars over the next two years. Within a decade that number is projected to exponentially grow towards 75 billion dollars.

As is with any big industry boom, everyone wants a piece of the action. Fortunately, with CBD hemp there is plenty of pie to go around. And technology plays a big role in the CBD industry from seed to shelf and beyond.

This article goes over four important aspects of the CBD industry and how technology shapes and molds the big boom of CBD oil.

Tech-Centered CBD Hemp Farming

Farming is labor-intensive process that requires lots of tedious work. It’s no wonder that tech steps in to make certain processes and tasks more efficient. Equipment and machines that speed up tasks such as potting, planting, and digging aren’t the only kinds of technology on the farm. Visit a tech-centered hemp farm and you’ll find RFID tags on plants, biometric security systems, and incredibly advanced.

The House Will Vote On More Cannabis Legislation This Week

Most investors when looking at marijuana stocks to buy tend to focus on the market and the company’s finances. However, with each company comes a service or product that offers some form of value to the cannabis industry. Some people may skip past this part when searching for pot stocks to watch. Though if you take a deeper look into what a company needs to do in order for their product to be available for consumers there is a strict process. This is especially true when dealing with the cannabis plant its self or any kind of derivative from it.

What some may not know is the intricate process and stringent guidelines each company must follow before its product can be sold. With packaging alone, each spec must be documented and labeled on the product as well. Having the most accurate info for every cannabis product is important to know. Because not knowing what’s in your cannabis product can potentially do more harm than good. In the past, there has been a lack of resources to give consumers the most accurate info on cannabis. This has resulted in consumers getting sick or having a bad overall experience with their cannabis. Fast forward to today and it’s a whole new game with cannabis testing. Although much more progress has been made there is more work that needs to be done for more accurate results with testing cannabis.

How Does Cannabis Testing Work And Why Is It Important?

When a company like Charloetts Web Holdings Inc (CWBHF Stock Report)
or a company like Green Thumb Industries Inc (GTBIF Stock Report) develops a product testing must be done. In fact, any company that operates in a legal state within the U.S. must go through this process. Here’s how it works. So once your cannabis is ready to sell or you have made a batch of CBD  or THC oil testing must commence. Two important reasons cannabis products are tested in cannabis testing labs are to verify the products are safe for human consumption. As well as to give consumers an idea of the potency of the product they are using.

The common wisdom about cannabis enthusiasts is that they don’t have any common wisdom. The stereotype of the drooling guy “on” cannabis sitting in his parent’s basement playing video games for hours or Instagrammig nonstop is what many of the “straights” still imagine to be true.

Hardly.

In fact, smoking or vaping or eating cannabis—especially certain sativa strains—has quickly become the best way to energize getting chores done. Every busy chore hustler knows that choosing the right CBD/THC sativa combination, with the right terpene profile, can do the trick.

The cannabis connoisseur knows to go for certain strains that fire up their chores jets, such as Strawberry Diesel, Lemon Meringue, AK47, Panama Punch, Mountain Thunder, and Silver Haze, just to name a few.

These strains are generally carefully cultivated for their energizing effects.

Hemp is touted as a potential green solution for everything from building materials to plastics — and that's precisely where they have value in the automotive sector. A car entirely made from hemp would save a lot of non-renewable materials from their inevitable fate in the junkyard. 

Many would like to see cars become more sustainable overall, though they're surprisingly recyclable. Almost 95% of the materials used to build a car can be recovered according to the World Economic Forum. Though cars can be recycled, they are still not always used to their full potential. 

Cars themselves are also unpopular with the environment, churning out emissions like there's no tomorrow. If carbon pollution continues unchecked, soon there won't be an environment to write home about. The fuel to power cars is a primary source of these emissions, and the shift to electric power has not been large enough to peel back the greenhouse effect. 

What if all of these green innovation boxes could be ticked off with cannabis? According to one of the car's biggest backers, Henry Ford, it could be done. 

Ford, fuel, and renewable energy

Henry Ford set out to create a car loaded up with hemp and other fibers to reduce both the plastics and metals used to build it. One research paper looking back on this fiber research noted, “As early as 1940, Henry Ford produced a pioneering composite car from hemp fiber and resin under the motto: 'ten times stronger than steel.'” A 1938 issue of Popular Mechanics chronicled a future where hemp was used to make "fish nets, bow strings, canvas, strong rope, overalls, damask tablecloths, fine linen garments, towels, bed linen and thousands of other everyday items."

As we all know by now, the COVID-19 pandemic created a massive shift in the way consumers spend money. Specifically, it caused a massive increase in e-commerce sales and an equally drastic decrease in sales at brick-and-mortar locations. 

This changing dynamic affected every industry—from retail to consumer goods to groceries—but the way it affected cannabis is unique. 

The cannabis industry, unlike most other industries, had a virtually non-existent e-commerce presence prior to 2020. This was by design. Regulations made it illegal to buy cannabis any other way besides physically going to a dispensary, and impractical for businesses to get ahead of the curve. 

But the pandemic changed that. Not only did states across the country classify dispensaries as essential businesses during the lockdown, but most of them authorized delivery in some way. Almost overnight, companies were forced to scale up online operations that were previously non-existent. 

This has resulted in a transformation of the industry, according to Erich Mauff, founder and co-president of multi-state operator Jushi Holdings.

The gardening season is booming in North America, and it’s high time to start some tiny seeds that can grow into potent plants, says Jorge Cervantes, veteran marijuana cultivator and author of “The Cannabis Encyclopedia”.

1) Soak seeds overnight in a glass of plain water. They may float on the surface at first but should sink to the bottom in a few minutes. Make sure seeds get good and wet so that water penetrates the outer shell and growth is activated. Do not let seeds soak for more than 24 hours, or they might get too wet, suffer oxygen deprivation and subsequently rot.

2) Remove seeds from the water. Pour water out onto two paper (or cloth) towels on a dinner plate. Fold the towels over the seeds to cover them.

3) Drain the water from the dinner plate by tipping it to the side.

4) Place the seeds in a warm location (70°F–80°F; 21°C–27°C), making sure they are in darkness. Some gardeners go so far as to set the plate in a vertical position (so taproot grows downward). The seeds can also be set on a grate for drainage and air circulation.

Most of what’s gone on in the field of medicinal cannabis has been related to simply isolating and/or replicating a specific cannabinoid to get its benefits. In today’s world of cannabis medicine, the new thing is for a customer to order a premium blend of their favorite compounds, because today, you can actually customize your cannabinoids.

Isolating cannabinoids

There’s plenty in the worlds of medicinal cannabis and recreational marijuana that have nothing to do with isolating anything. If a person wants to smoke hemp flowers, or buy a few grams of high-THC weed, they’re getting the whole plant, no isolation needed. However, the fields of medical and recreational cannabis have been more and more reliant on the idea of isolated cannabinoids. CBD is the most popular right now, with CBD oil and vape cartridges flying off store shelves all over the world.

Much like with other forms of pharmaceutical medicine, where we often pop a pill without really thinking what that circular, chalky, perfectly-shaped tablet contains, where it came from, and how it got to be in the form we take it in, we don’t often question how our CBD oil came to be.

Cannabinoids don’t start out as cannabinoids, but rather as acids that must be heated – or decarboxylated – in order to form into the cannabinoids we are familiar with like THC, CBD, and even the rarer CGBV, and THCV. Solvents are then used to separate certain parts. These can include, ethanol, hydrocarbon (butane, propane…), chloroform, light petroleum, and CO2 – which doesn’t leave a residue.

After extraction with one of these solvents, the solution is filtered at least a couple times, generally through something like charcoal. Then it should be made more concentrated, down to about half the volume, using a 2% aqueous sodium sulfate solution. When the solvent is stripped out, and the solution is concentrated, its left as a crude oil. At this point it can even be purified further with redistillation or column chromatography.

Have you gotten swept up in the CBD craze? Careful. It may induce a positive drug test.

That’s according to findings from a clinic trial published last month in the journal JAMA Psychiatry. The findings, which comes via researchers at Harvard, “suggest that patients consistently using full-spectrum, hemp-derived products may have positive test results for THC-COOH on a urinary drug screen,” the authors of the study wrote.

“Despite limitations in sample size and diversity, these findings have important public health implications,” the researchers wrote in their conclusions. “It is often assumed individuals using hemp-derived products will test negative for THC. Current results indicate this may not be true, especially if assays are more sensitive than advertised, underscoring the potential for adverse consequences, including loss of employment and legal or treatment ramifications, despite the legality of hemp-derived products.”

The findings also help fill a gap in what the authors said has been a paucity of research on CBD.

“Despite the growing popularity of cannabidiol (CBD) products, specifically those derived from legal industrial hemp sources,” the authors said, “few studies have directly assessed whether the use of high-CBD products could yield positive results on urinary drug tests assessing cannabis use through the detection of [THC] metabolites.”

Cannabidiol (CBD) is extremely popular right now.

In fact, it is so popular that Google search data for the last few years shows that CBD is searched more often than THC.

For many decades THC was the cannabinoid that most scientists and cannabis enthusiasts focused on, however, that has clearly changed.

Products containing CBD are far more legally available in the global marketplace compared to products containing large amounts of THC.

That, combined with a growing body of peer-reviewed studies that find CBD to be an effective medicine, has resulted in exponential growth in the use of CBD worldwide.

Every serious grower has a set of tools that are used every day to monitor and tend to their crops. If you’re thinking about taking the step from curious cultivator to master grower, there are a handful of tools that will be essential to the plant’s success and using them on a daily basis will ensure that the next (or first) crop will be healthy and bountiful. Check out this list of suggestions below for resources to get you growing with the best of them.

pH Meter

There are a few ways to measure the pH of the nutrient solution with effective pH meters that are inexpensive yet simple to use. You may purchase a vial of litmus fluid to test the pH. Simply take a sample of the nutrient solution and put a few drops in the vial. After shaking it to mix it thoroughly, the color of the nutrient solution changes. Compare this color with the gauge that’s included and that’s the pH.

A more effective but costlier method is to purchase a pH meter, which is recommended if there’s more than one crop being grown. It’s a simple meter to use and can be found at any hydroponic supply store. Fast-growing leafy plants generally like a lower PH in the range of 5.2 to 5.9.

PPM Meter

The concentration of the nutrient solution is measured in parts per million (PPM). This indispensable tool is used every day to monitor and mix the nutrient solution to make sure there aren’t any nutrient deficiencies. Young, established seedlings or rooted clones are generally started at 500 to 600 PPM. This value is increased to 800 to 900 PPM during the peak foliage growth period. During the flowering period, the PPM is raised even higher to 1000 to 1200 PPM. That’s a lot of nutrient. And it’s needed – every drop. It’s at the flowering time that the plant will need the most resources.

24 Hour Timer

In order to have a healthy crop, a lighting cycle must be religiously adhered to. The norm is to have a cycle that has 18 hours with light and six hours without it. This is accomplished with an automatic timer. It’s important to have a setup that allows the night cycle to be absolutely black. It’s recommended to not even enter the room they’re being grown in to check on them during their night cycle.

Down a rural farm road on the outskirts of Bergheim, 40 minutes north of San Antonio, lies the green pasture nurturing Texas' first legal hemp farm. At Texas First Hemp, visitors can take a look inside the farming operation, demystifying some of the stigma and buying samples on their way out.

Owners Jennifer and Austin Ruple were some of the first to receive hemp-growing permits after the Texas Legislature passed House Bill 1325 in June 2019, legalizing hemp farming in Texas. Hemp is a variety of cannabis that contains less than .3% THC, a compound known to produce psychoactive effects. The Ruples primarily focus on cannabidiol, or CBD, a naturally occurring extractable compound found in hemp plants. Hemp has been used in everything from soaps, clothing, and diapers to paper, foods, and building materials.

The Ruples became licensed in spring 2020 just after COVID-19 hit, and they were the first in the state to have seeds planted that would grow into the first legal hemp plants in Texas.

“People think of this industry, and they think long hair and beanies, but it’s all about integrity,” Austin says. “It’s all above-board. It is becoming more popular and so much more mainstream.”

Now that those seeds have blossomed into 8-foot plants with leaves and buds, they’re ready for harvest, and the Ruples have opened the farm to tours. While nearby Fredericksburg attracts wine lovers, people with an appreciation for hemp can go behind the scenes of the process.

Cannabis dispensary professionals are all too familiar with constantly juggling their inventory, customer engagement programs, employee success efforts, and everything in between. On top of the day-to-day grind, dispensaries are under do-or-die pressure to maintain pristine records to stay compliant with local and state policies. If they fail to do so, dispensaries run the risk of being fined up to hundreds of thousands of dollars and potentially having to close up shop.

Two technology-focused entrepreneurs, Cree Robinson and Louis Masensi, are hoping to simplify this process with their new software company touCanna, which automates and connects all of a dispensary’s work in one place.

Origin story

The pair decided to launch into entrepreneurship after years working in tech, and learning that the corporate world wasn’t always welcoming of new ideas. Tired of hearing the words, “Your ideas are great, but that’s just not how we do things here,” they wanted more freedom to create and help make people’s lives easier. So they chose to use their tech skills to empower cannabis dispensaries.

"I was determined to create within spaces where women and people of color had been excluded from or did not have as much opportunity as other groups," says Robinson. "We're both long time believers in cannabis and have seen first hand the power of its healing capabilities, so getting involved was a no-brainer." With set goals and a vision in place by summer 2018, the pair chose to understand and solve dispensary pain points rather than the entire supply chain.

The problem

Dispensary owners and operators face many challenges, from staying on top of the changing laws and making sure they remain compliant, all the way to managing the smallest details of their employee workforce. After analyzing dispensary operations across the country, Robinson and Masensi noticed two things:

CBD products continue to thrive in various industries such as healthcare, cosmetics, hospitality, food, pharmaceuticals, and pet care, among others. Hemp-derived products are expected to saturate huge industries in the years to come; in fact, the CBD market is foreseen to surpass the $20 billion mark by 2024.

This is no surprise at all, as CBD continues to gain popularity ever since the legalization of cannabis as an agricultural crop in the United States. More and more countries are considering the same, so we can all expect the market growth to remain exponential in the next few years.

Producers rely on technology to create leverage in coming up with new and innovative methods. How is technology reshaping the industry now, and what can we expect in the near future?

GMO Cannabis

Genetic engineering has been around for a while now, with food items being bioengineered in different ways; and it is probably just a matter of time before we have genetically-engineered cannabis, as well. CanBreed, an Israel-based company founded in 2017, was able to secure a patent and hold a license to use genetic-editing technology in cannabis products. CanBreed claims that using stable seeds partnered with CRISPR technology, inherent challenges in cannabis farming will be addressed. These challenges include cost, sensitivity to humidity, and genetic instability, to name a few. The company believes that they can help optimize farming by editing specific cannabis genes and traits. CanBreed still has to overcome a lot of hurdles especially in terms of regulation in order to expand, but it is worth noting that such innovation in cannabis farming is now in the works. 

Nano CBD

CBD bioavailability or the amount of CBD in one’s bloodstream as a result of traditional ways of consuming CBD products is very low. That is because CBD is naturally not soluble in water, but soluble in fat. Humans have more water than fat in our system, so most of the CBD taken in are flushed out of the system together with urine, leaving only around 20% of the CBD consumed. Enter, nanotechnology. Nano CBD is being marketed as “water-soluble.” However, that might be erroneous because CBD’s hydrophobic nature cannot change no matter how small you make its particles. But, it is worth noting that nano CBD are small enough to pass through membranes that normal-sized CBD particles cannot penetrate; so, in theory, nanotechnology can increase CBD bioavailability. Although it needs further research, we might be looking at a future where Nano CBD may be favored over regular CBD.