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Vermont lawmakers at odds over THC limit on cannabis concentrates

Some members of the Vermont state Senate are upset over a 60% cap proposed by their colleagues in the House.

Vermont lawmakers are at loggerheads over a measure that would establish a cap on the level of THC in solid cannabis concentrates sold at the state’s regulated cannabis retailers. 

Local publication VTDigger has the background, reporting that members of the Vermont state Senate “bristled Friday at a last-minute change to a key cannabis bill during a House vote Thursday—and speculated as to why the Vermont Department of Health abruptly reversed its recommendation to lawmakers on the measure last week.”

Members of the House “on Thursday imposed a 60% cap on the level of tetrahydrocannabinol, or THC, in solid cannabis concentrates to be sold at retail establishments when they open in October,” according to VTDigger.

“They held the damn thing for over a week and a half and then come up with this,” said Democratic state Senator Dick Sears, as quoted by VTDigger.

“There isn’t much time to call for a conference committee.” 

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Cannabis, heart disease, and a soy-derived supplement that may help

Researchers are still learning about the health impacts of cannabis. Derivatives of cannabis may have many health benefits. However, researchers are still learning how to balance these positives with potential health risks.

A recent studyTrusted Source published in the journal Cell examined the adverse cardiovascular effects of cannabis and found a particular impact on cardiovascular health.

However, the researchers also found that the compound genistein may help decrease these harmful effects.

Cannabis use is becoming increasingly popular, especially for recreational purposes. But researchers are still seeking to discover the full medicinal benefits of cannabis.

The U.S. Centers for Disease Control and PreventionTrusted Source notes that tetrahydrocannabinol (THC) is the compound in cannabis that produces mind alterations and impaired mental functioning. Specifically, the main compound that causes these effects is delta-9-tetrahydrocannabinol (delta-9-THC). In contrast, the cannabidiol (CBD) compound of cannabis doesn’t cause this sort of impairment.

Currently, the U.S. Food and Drug AdministrationTrusted Source (FDA) has approved the use of Epidiolex, which contains CBD. People can use this drug as a seizure treatment. The FDA has also approved the use of two medications with synthetic THC: Marinol and Syndros. Both of these medications can control nausea and stimulate appetite.

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Cannabis breathalyzers might be missing the mark

It's not about the presence of THC, but about impairment.

Cannabis use, both recreational and medicinal, has increased dramatically in the United States. As more people incorporate it into their lives, businesses remain concerned about protecting their workforce from impaired employees on the job. To combat cannabis intoxication, some companies have turned to breathalyzers; it's a familiar tech, and they are accurate when testing for the presence of THC.

However, according to Ken Fichtler, CEO and founder of Gaize AI, the problem isn't the presence of THC. He says it all comes down to impairment. Fichtler says that while breathalyzers can detect THC, they don't detect impairment. This is because studies have shown that measuring THC in the body cannot be correlated to a predictable level of impairment.

Fichtler is currently developing the Gaize Cannabis Impairment Test, a video evidence impairment test that uses a VR headset to provide automated field sobriety tests. 

Each substance impacts eye movement differently, and Gaize has automated the tests to take human error out of the equation and improve accuracy. 

According to Fichtler, a human officer in lab conditions is only accurate 60 to 85 percent of the time. He expects to detect cannabis impairment with greater than 90 percent accuracy with his automated test. The tech will also use machine learning to become more accurate over time. 

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US cannabis market provides greenfield for digital payment startups

Startups worth watching 

Payment startups are tapping the cannabis industry with solutions aimed at digitizing the historically cash dependent sector.

CanPay. The Colorado-based startup’s app lets customers at more than 800 cannabis dispensaries make Automated Clearing House Payments (ACH) payments by scanning a QR code at checkout. Partner merchants are required to bank with CanPay-approved financial institutions (FI) that are compliant with federal guidelines.SuperNet. Customers can use the fintech’s card to pay for products at 100 California dispensaries. SuperNet also processes transactions for the dispensaries and offers a loyalty program.POSabit. The Washington-based fintech offers point-of-sale hardware and software for cannabis dispensaries. POSabit recently expanded into several states, including Georgia, Texas, and West Virginia.

Why it matters

 The cannabis market is huge—but federal regulation prevents mainstream FIs from offering payment services to customers and merchants.

Legal cannabis sales in the US hit a record $17.5 billion in 2020—a 46% year-over-year (YoY) increase, per data from BDSA cited by Forbes. Overall sales are likely significantly larger if illicit marijuana sales are taken into account. Cannabis is also growing more popular as an investment: 43% of US investors currently hold at least one cannabis-related stock, according to a 2021 MagnifyMoney study.

But because cannabis is still illegal at the federal level, banks are hesitant to offer transaction services for the industry.

Legislators have tried to address this: The Secure And Fair Enforcement (SAFE) Banking Act, which would prohibit federal regulators from penalizing FIs for serving legitimate cannabis-related businesses, has passed in the House six times—only to burn out in the Senate each time.This is why major banks have yet to serve the cannabis sector—though smaller regional banks and credit unions tend to be “more comfortable” serving the market, Dan Muller, founder and CEO of digital payments firm Aeropay told Banking Dive.

The big takeaway

 Startups like CanPay, SuperNet, and POSabit see an opportunity to fill the digital payments gap in the cannabis space.

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Weed pop-ups are having a moment right now

 

Marijuana pop-ups are appearing in a variety of states, whether there’s legal marijuana or not. Here’s why.

If you live in a big city or somewhere where there have been revisions of cannabis laws, you’ve likely seen a marijuana pop-up store. These locations come in all shapes and sizes, whether that’s a truck or a stand, all tending towards bright green logos. After two years of the pandemic, marijuana pop-ups are reappearing with a vengeance, finding exciting ways to appeal to new customers.

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Cannabis use in people with multiple sclerosis

What misconceptions surrounding cannabis use would you like to dispel?

There are some misconceptions I would like to point out.

First, it is often said that cannabis is not addictive or that it is psychologically addictive but not physically addictive. While it’s true that it is not very addictive, you can become addicted to it.

Second, it would be extremely difficult to die from an overdose. However, like any other drug, it is possible to use too much, either tetrahydrocannabinol (THC)- or cannabidiol (CBD)-heavy strains, which may lead to serious side effects.

Third, CBD will not produce the psychoactive effects of THC, but it may alter your mood, which is why CBD should be described as non-intoxicating, but not as non-psychoactive.

Fourth, pure CBD products still contain 0.3% THC, which can result in a positive drug test.

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What smoking marijuana every day does to you

Understand the pros and cons.

A few weeks ago, New Jersey became the latest state to allow recreational marijuana dispensaries. Customers stood in line for hours for their first chance to legally purchase a substance many said helped them with various things from relaxation to the relief of chronic medical conditions. There is evidence that marijuana can be medically beneficial. But marijuana, like every substance, affects people differently. Here are five things that smoking marijuana every day may do to your body. Read on to find out more—and to ensure your health and the health of others, don't miss these Sure Signs You've Already Had COVID.

Marijuana May Improve Chronic Pain

"The most common use for medical marijuana in the United States is for pain control," writes Peter Grinspoon, MD, a professor of medicine at Harvard Medical School.

"While marijuana isn't strong enough for severe pain (for example, post-surgical pain or a broken bone), it is quite effective for the chronic pain that plagues millions of Americans, especially as they age." Cannabis may be effective for nerve and muscle pain. It has also been studied for the relief of headaches, insomnia, and fibromyalgia.

Marijuana May Exacerbate Mental Health Issues

Marijuana is renowned for being a relaxant, but in some people, it can have the opposite effect,  causing anxiety, paranoia, and even panic attacks, or exacerbating other mental health issues.

"Marijuana use can cause cognitive impairment and should be used with caution if you have a mental health condition," says the Mayo Clinic.

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Why is the world's largest cannabis market shooting itself in the foot?

Taxes in California are among the highest in the United States and that of course includes cannabis-related taxes, which are so exorbitant that they are hobbling what should rightly be the country's - make that the world's largest and potentially successful cannabis market. (Benzinga)

High taxes and onerous regulations are keeping unlicensed cultivators out of the legal market and contributing to illicit sales, which make up whopping three-quarters of all weed sales in California today, according to a new study done by Reason Foundation, Good Farmers Great Neighbors and Precision Advocacy.

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Reasons why you need to use hemp body lotion

The hemp body lotion is an essential addition to your natural skincare routine. Hemp is a fantastic ingredient that naturally moisturizes skin while also providing it with a host of other benefits. Hemp body lotions are a great way to incorporate hemp into your daily skincare routine and useful for those who want to use natural skincare products. Here are the reasons you need to use hemp body lotion and incorporate it into your natural skincare routine.

It's Naturally Moisturizing

Hemp oil contains fatty acids that are great for dry skin and Eczema. Our skin needs essential fatty acids to stay hydrated and healthy, such as linoleic acid and oleic acid. When you use hemp lotion, you provide your skin with these nutrients. Hemp lotions are also vegan, cruelty-free, and have an all-natural coconut scent that leaves your skin smelling pleasant.

It Has Anti-Aging Properties

CBD oil has anti-aging properties. The AHA (alpha hydroxy acid) found in hemp oil can fight wrinkles, prevent skin from becoming prematurely aged, and keep it from getting sun-damaged. Ragweed pollen allergy and Eczema have also been reduced after using a hemp body lotion. The anti-inflammatory properties in hemp oil help reduce redness caused by rheumatic and allergic reactions, like the common cold.

It Has Anti-Inflammatory Benefits

Hemp oil is an effective anti-inflammatory. Several studies have even proven that it can reduce the symptoms of Eczema. While several natural ingredients effectively treat Eczema, hemp oil is one of the most effective.

It Contains Omega-3 Fatty Acids

It has Omega-3 fatty acids and is great for your skin. Our skin constantly needs these fatty acids responsible for keeping it hydrated and healthy. The anti-inflammatory properties in hemp oil make this an ideal ingredient for battling Eczema.

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Germany speeds up the process to legalize recreational cannabis

When Germany's new coalition included the legalization of recreational cannabis in its political agenda in late 2021, there were few details on how to regulate the industry.

However, Health Minister Karl Lauterbach announced last week that it would start the legal process for cannabis legalization soon.

He told German newspaper Handelsblatt he changed his mind on legalization over the past two years, and he now believes the dangers of non-legalization outweigh the risks of recreational cannabis legalization.

"I've always been opposed to cannabis legalization, but I revised my position about a year ago," he said.

In addition, Finance Minister Christian Lindner confirmed that the process of legalizing recreational cannabis has started.

"A question that people keep asking me: 'When will Bubatz [German street slang for cannabis] be legal? I would say: soon," he wrote in a tweet on April 6.

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States that legalized marijuana are bringing in more tax revenue on pot sales than alcohol

A majority of the states that legalized recreational marijuana for recreational use are collecting more tax revenue from pot sales than alcohol sales.

The first two states to legalize pot are profiting the most, Colorado and Washington. Across the country, the total revenue for taxes on weed amounted to nearly $3 billion, according to a report on “sin taxes” by The Institute on Taxation and Economic Policy (ITEP).

So far, 11 states have legalized the sale of recreational marijuana.

The states that have given recreational marijuana legalization the green-light are Colorado, Washington, California, Illinois, Michigan, Massachusetts, Oregon, Arizona, Nevada, Maine and Alaska.

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Navisite is expanding into cannabis industry, will enhance SAP services for various aspects of industry

Navisite, a managed cloud service provider that renders integrated business management computer systems designed to model and automate the different areas of a company and the administration of its resources (SAP services), announced Tuesday that it is expanding its services to the cannabis industry. (Benzinga)

The company offers agricultural, medical and recreational cannabis companies solutions that “span the seed-to-sale process.”

"Cannabis companies need highly scalable, flexible systems that can keep pace with demand, delivering greater intelligence and agility across their entire operations," said Gina Murphy, president and chief transformation officer at Navisite.

"With our cannabis solutions, we bring a unique combination of SAP, business process, and technology expertise to help our customers modernize on SAP and fully capitalize on new market opportunities."

According to a company press release: 

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Medicinal cannabis prescriptions are mostly going to young people

 

It’s been more than five years since Australia first introduced a medicinal cannabis program, and a new study has shed light on who exactly gets those scripts.

As reported by The Guardian, researchers from University of Sydney revealed a bunch of juicy statistics around who is being given prescriptions, and for what conditions. It found that chronic pain was the most common reason for medical cannabis being recommended to patients, accounting for 61 percent of prescriptions. Anxiety made up 16 percent of scripts, and sleep disorders 5.6 percent.

The study also shows that pre-pandemic, the age group receiving prescriptions ranged from 45 to 52-years-old. But since 2020, prescriptions are predominantly going to a much younger group, aged 20 to 31.

Queensland was the site of over 51 percent of medical cannabis prescriptions, despite Queenslanders only making up about a fifth of the population.

Sara MacPhail, who authored the study, says that further research is needed to work out why a disproportionate number of scripts were being written in the Sunshine State, and why it’s mostly younger people that are being prescribed the medication.

Interestingly, doctors are generally prescribing flower-based cannabis to patients with anxiety, even though there isn’t a robust body of research showing the flower-based form of the cannabis plant effectively treats the condition.

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How the pandemic became a bonanza for Florida’s medical marijuana industry

Rising anxiety and worsening chronic health conditions led to a surge in demand for cannabis that businesses have capitalized on. But thanks to state law, the industry is dominated by just 22 companies.

The pandemic has triggered a medical marijuana boon in Florida.

Over the past two years, the number of people with medical marijuana cards has more than doubled, hundreds more doctors have become licensed to qualify patients, new dispensaries have opened almost weekly and a wide variety of new products have become available.

With anxiety levels rising and chronic health conditions deepening during the numerous COVID-19 waves, more Floridians are seeking cannabis as a medical treatment and the industry has found a way to get it to them.

“We have a lot more people coming in and asking for medical marijuana, but I am also seeing an uptick in the severity of underlying problems,” said Dr. Paul Weisman, who operates ZC Concierge Cannabis Centers in South Florida.

“People have a lot of disabling anxiety right now, a lot of severe sleep disturbance from their anxiety and a lot of chronic pain for conditions that weren’t treated during the pandemic.”

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It’s possible to ‘factory reset’ your brain to get rid of different disorders, according to study

A new study claims to erase and manage conditions like anxiety and alcohol abuse via gene editing.

The brain has control over most things in our body. This pivotal organ is responsible for our moods, memories, thoughts, and so much more. Now, a new study suggests that it could be possible to give your brain a “factory reset,” as if it were an iPhone, and that this could help get rid of conditions like alcohol abuse and anxiety.

The study, published in the journal Science, focused on localizing the region of the brain responsible for the development of alcohol abuse and anxiety, showing how gene editing can erase or control people’s predisposition to these diseases.

Researchers from the University of Illinois based this study on previous findings that linked binge drinking in adolescence to altered brain chemistry, which could impact the way these people regulate their emotions, resulting in higher odds of having anxiety or alcohol abuse. The goal of their study was to use modern gene editing and figure out if these effects could be reversed.

The study was conducted on rats that were exposed to alcohol in their adolescence. Once the rats reached adulthood, researchers measured their levels of anxiety and their desire for alcohol by conducting different tests, including maze experiments and having them choose between different liquids.

Researchers highlighted the importance of adolescent drinking, which can lead to alcohol abuse later on and, more concerning, psychiatric disorders. They found that those who drink during their adolescence have less of a protein known as Arc. The gene-editing process is called CRISPR-d Cas9, and consists of cutting out DNA and allowing it to naturally replenish itself.

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Does Hollywood icon Christopher Walken, 78, smoke weed? ‘Sure’

Oscar-winner reports he consumed cannabis in the past and still does

The eminently talented and endlessly impersonated Christopher Walken recently handled a question about his possible cannabis use with the same style he’s known for: straight-faced, he just admitted it.

In a recent interview with New York Times Magazine, the 78-year-old Academy Award- and Emmy Award-winning actor was asked if was “ever a heavy marijuana smoker?”

Per El Planteo, his response was simple:

“Sure.”

Apparently hoping to delve deeper, journalist David Marchese then asked:

“Do you still smoke?” Again, the response was short and sweet:

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Grant opportunity announced for cannabis cancer treatment research

 

National Institutes of Health (NIH) is prepping to grant funds to researchers who are studying cannabis treatment for cancer.

Grant funds will soon be available to researchers who are working to treat cannabis. 

A “Notice of Special Interest” (NOSI) (entitled “Basic Mechanisms of Cannabis and Cannabinoid Action in Cancer”) was posted on May 5 by NIH’s National Cancer Institute, with the intent “to promote research in understanding the mechanisms by which cannabis and cannabinoids affect cancer biology, cancer interception, cancer treatment and resistance, and management of cancer symptoms.”

In the notice, NIH explains that the reasoning behind this effort is due to the growing number of cancer patients seeking relief with medical cannabis, but that there are not enough studies to verify its effectiveness.

“Cancer patients use cannabis and cannabinoids to manage symptoms of cancer and cancer treatment including anorexia, nausea, and pain,” the NOSI states.

“Recent survey evidence suggests that a quarter of cancer patients have used cannabis for symptom management. Despite the increase in cannabis and cannabinoid use, research about their health effects, including potential harms and benefits, remain limited.” 

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Small cannabis entrepreneurs say they can't compete against ‘Walmart of weed'’

 

Many small cannabis entrepreneurs say large companies are jockeying to lock them out of the industry and have funding that gives them more access to lawmakers.

“Small businesses are the backbone of the country,” said Sarah Grant, general manager of The Dispensary in Richmond.

The shop opened last year and sells Delta-8-THC flower and vape cartridges. 

“It’s hard to compete if you’re going against the Walmart of weed,” Grant said. 

Grant said the lack of structure in the recreational cannabis market is stressful for smaller businesses and that her store could never compete with lobbyists from national cannabis corporations. 

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Wisconsin Governor pardons several with cannabis convictions

Tony Evers, the first-term Democrat, has been a vocal supporter of bringing cannabis legalization to Wisconsin.

Wisconsin Gov. Tony Evers on Friday announced dozens of new pardons, including nine for individuals previously convicted for cannabis-related offenses.

“There is power in redemption and forgiveness, especially for folks who’ve been working to move beyond their past mistakes to be productive, positive members of their communities,” Evers said in a statement.

“I’m grateful for being able to give a second chance to these individuals who’ve worked hard to do just that.”

Evers, the first-term Democrat, has now “granted more pardons during his first three years in office than any other governor in contemporary history,” according to a release from his office, which said that he has granted a total of 498 pardons since taking office in 2019.

The nine individuals previously busted for pot-related offenses who received a pardon on Friday include Danielle Arrigo, who “was 22 when she twice sold marijuana to a confidential informant,” and “now resides in Burlington with her daughter and has earned her associate degree.”

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Marijuana breathalyzers: Cannabix Technologies correlates THC in breath & blood in new experimental study

Cannabix Technologies Inc. reported that it has successfully tested a supplemental version of its FAIMS technology for the detection of delta9-tetrahydrocannabinol (THC) and related analytes in human breath in an independent experimental study. (Benzinga)

The study showed a correlation between breath samples collected and analyzed with Cannabix hardware and blood plasma levels of THC.

The company’s handheld Breath Collection Unit and newly developed laboratory MS Breath Sampler were used together to provide a new ground-breaking method for drug detection.

Cannabix has developed a unique breath analysis system capable of sampling breath for low volatility analytes, like THC, and can be completed within seconds, with no sample preparation needed.

The study

The experimental study included six subjects with a 60%-40% between men and women with an average age of 23 years.

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