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Industrial hemp growers in Tennessee are required to renew their licenses with the Tennessee Department of Agriculture (TDA) by June 30, 2021.

“Hemp continues to be an important crop in Tennessee,” Commissioner Charlie Hatcher, D.V.M. said. “The marketplace is evolving and growers are finding new ways to use and market their crop. We want to see the industry flourish, and TDA has abundant resources to make sure growers have what they need.”

New applications are accepted year-round and expire June 30. New applicants and renewing applicants must submit an application, license fees, and required documentation. If a renewal application and payment are not received by the deadline, the grower’s license will expire June 30, 2021 at 4:30 p.m. CDT.

Hemp has a bright future in Ireland, but government obstacles are reportedly standing in the way.

Sinn Féin is a republican and democratic socialist political party active in both the Republic of Ireland and Northern Ireland. Sinn Féin spokesperson on Agriculture, Matt Carthy TD, says hemp cultivation can help farmers supplement their income in a more environmentally way.

“Uses for hemp include building material for houses, paper, clothes, heating oil and as a plastic alternative,” he said. “There is also an increasing demand for CBD health products, extracted by various approved methods from Hemp, both in Ireland and internationally.”

It takes the average laptop computer about a billionth of a second to add two numbers together. That’s far less time than it takes to blink your eyes or to take a sip of coffee. In fact, it’s fair to say that there are few activities that computers can’t do faster than people. Unfortunately, machines can only do as much as they are asked to.

Machines are faster than ever, but it can take humans years to realize that a particular question needs to be asked in the first place — this is the central paradox of computing today.

This is especially true in the cannabis industry, where things often seem to unfold slowly when they can be quickly solved with technology.

If you look at the arc of the industry, it’s been on a downward slope for about three years as the early hype and promise have given way to a far less rosy reality. And while everyone knows that things need to be fixed and that problems need to be addressed, it seems to be taking a long time to come up with coherent plans to right the ship. As a technologist working in the industry, I can only describe this approach as infuriating. It doesn’t need to be this way.

One of the biggest problems I see is that a lot of cannabis companies have multiple technology platforms that are not in sync with each other. In other words, a retail software system might not integrate with an accounting system, and neither of them integrates with a supply chain management system. And, yes, paper, spreadsheet, and whiteboard systems are included in my definition of technology here — these are most often the most common tools employed by producers. This requires people to go in and look at data from disparate systems and try to make sense of everything. And all of this needs to happen even before companies can take concrete steps to address particular issues or start to optimize.

Tax Money From Legal Cannabis Is Consistently Growing

Some states around the U.S. that have legalized recreational marijuana, have collectively made close to $8 billion in tax revenue. Which has been so since sales initially went legal back in 2014. This info was taken from the MMP who gathered the info on the matter. Furthermore, since then a great deal of innovation and progress has commenced for the cannabis industry.

The research evaluated the tax structure and revenue streams of all 18 states that have made recreational cannabis legal. However, there a 7 states where the sales have not started just yet. Overall, it reveals that building regulated marijuana markets gives states a constant and generally growing source of revenue. Which in turn can help aid various programs and services.

Back in 2020, states that have legalized recreational marijuana have generated $2.7 billion in taxes from cannabis sales. Also as more markets come online and others evolve, the overall full rec market is expected to continue to grow. For instance, in 2020 alone California brought in more than $1 billion in tax revenue from recreational marijuana. This made up a 62 percent increase from 2019.

Cannabis Tax Revenue Is Growing

One state that has been raising the bar with cannabis tax revenue is Illinois. This state has consistently been reaching higher monthly cannabis sales. This for the state has been happening since its legalized the adult use of cannabis program in January 2020. As well if the sales keep up, it could produce over $1 billion in tax revenue for 2021.

Just as the summer travel season kicks off, at the tail end of pandemic isolation no less, states and countries that allow recreational marijuana use are vying to be the next hotbed for cannabis tourism. 

Argentina is making steady progress in its quest to become synonymous with the cultivation of other plants besides its beloved Yerba Mate, namely cannabis and hemp.

Tax Money From Legal Cannabis Is Consistently Growing

Some states around the U.S. that have legalized recreational marijuana, have collectively made close to $8 billion in tax revenue. Which has been so since sales initially went legal back in 2014. This info was taken from the MMP who gathered the info on the matter. Furthermore, since then a great deal of innovation and progress has commenced for the cannabis industry.

If you feel like you’ve been catching a lot of Delta-8 THC content in the media lately, those aren’t just your social media apps hacking your brain. Hemp-derived Delta-8 THC is having a big moment in 2021 in terms of popularity and, most recently, in terms of concerns over legality, safety, and accuracy. This hot new cannabinoid has been branded as “legal marijuana” as the main intoxicating compound in cannabis but one most commonly derived from hemp for commercial use. Social listening data reveals that conversations around Delta-8 grew by a whopping 163% from December 2020 to April 2021, but all is not rosy for this latest trend in cannabis or for companies jumping into production to respond to the surging interest.

Arizona, Colorado, Delaware, and Montana are among the states that have explicitly banned sales of Delta-8 and at least four other states have already removed it from the shelves or otherwise restricted market access. The 2018 Farm Bill categorically removed hemp from the definition of marijuana and modified the definition of tetrahydrocannabinol to exclude tetrahydrocannabinol in hemp. The Drug Enforcement Agency’s interim rule turned that segment of the Farm Bill on its head, declaring derivatives of hemp containing delta-9 tetrahydrocannabinol in excess of .3% THC and all synthetic cannabinoids as controlled substances. 

Delta-8, which does not occur in levels sufficient to make commercial products in a cost-effective manner and therefore must be processed from CBD, lands it in the “synthetic” category according to the DEA definition. Some argue that this categorization is flawed given that Delta-8 is a naturally existing phytocannabinoid and that converting CBD to THC occurs via isomerization (the transformation of one isomer into another)—a process that does not fall within the DEA’s definition of a synthetic process. Though solid regulatory footing remains hard to attain as the debate rages on, cannabis companies are forging ahead with new products and campaigns, with mixed results.

Delta 9 or Delta 8?

A recent study by Leafreport found that out of 38 products tested, 63% contained the wrong amount of Delta-8 and more than 50% had illegal (over .3%) levels of Delta-9, containing as much as 15.2% THC. Delta-9 THC and cannabis plants that contain it are federally illegal with the exception of hemp, which contains too little (.3% or less of dry weight) Delta-9 to cause psychoactive effects. 34% of products in the Leafreport study did not clearly list Delta-8 content on the label or online product description, and 68% contained the wrong amount Delta-8 THC. The products most vulnerable to misreported Delta-8 levels were pre-rolls and gummies. Leafreport used a rating system based on the recommendation of industry experts that Delta-8 products have anywhere from 90% to 110% of the amount stated on the label. Using this metric, a full 32% of the products tested merited an “F” (Fail) accuracy rating.

Women Are The Majority of Buyers

The Brightfield Group, a CBD and cannabis consumer data and marketing intelligence company, recently conducted a study to assess Delta-8 consumer, product, and regulatory trends and found that only six months into the Delta-8 trend, 23% of Americans were aware of it, particularly among younger, city-dwelling cannabis users. Brightfield’s numbers show that for a growing segment of the population, Delta-8 is an affordable, convenient way to experience psychoactive cannabis, particularly where Delta-9 is illegal. Women make up the majority (53%) of consumers and curiosity is still the driving factor for those who purchase Delta-8. A full 20% of Delta-8 consumers do not use Delta-9 THC, which points to something unique about Delta-8. Anecdotal evidence suggests that may be a smoother, milder high and fewer side effects like anxiety and paranoia. 

Medical cannabis offers benefits for many different ailments, and one of the predominant ones in medical literature is connected to sleep. Which part of the plant is responsible for this? It looks like cannabinoid CBN might be partially responsible, at least in conjunction with other elements of the plant. CBN sleep products are already becoming quite popular.

Delta-8 THC is a great reminder that not all THCs are created equally. Whereas delta-9 THC is known for causing anxiety in some users, and leading to couch-locking effects, delta-8 does neither of these things. This provides a better option for those disenfranchised with the anxiety and heaviness of delta-9. If you’re looking to switch up your THC, give our collection of Delta-8 THC deals a look-thru, and we’ll ship you out your products ASAP.

What is CBN?

We’re all pretty aware of what the cannabis plant is at this point. We’re all pretty aware, whether we agree with the statements or not, that there is a growing body of medical research in support of the positive benefits of marijuana for a number of different medical issues, as well as for recreational purposes. By now, most of us are even aware that the US designates higher-THC cannabis as marijuana, and lower-THC cannabis as hemp, with a cutoff line at .3% THC to make the designation.

When looking into the plant closer, we can designate different effects of the plant to different molecules like THC, CBD, and limonene. We know there are cannabinoids, terpenes, flavonoids, and other plant constituents, some of which are useful, and some of which we aren’t as concerned with. THC, of course, is the main psychoactive component, with a Schedule I spot in the Controlled Substances list of the US, while also being in Schedule I of both the Single Convention on Narcotic Drugs, and the Convention on Psychotropic Substances.

THC isn’t the only psychoactive compound though. Not only does delta-9 THC oxidize to form another version of THC called delta-8, but there are other cannabinoids – albeit showing up in very small quantities – that also have psychoactive properties, and one of these is CBN, or cannabinol.

The progressive language of the new bill takes an important step towards addressing the harms of the Drug War. But passing it is still a long shot. Here’s why.

Second verse, same as the first, a whole lot louder and a lot MORE woke.

The House of Representatives passed the first version of the MORE Act, which would deschedule cannabis from the Controlled Substances Act, at the end of 2020. The bill promptly died in the Republican-controlled Senate. This blog tracked the evolution of the bill’s original version:

Photo by MmeEmil/Getty Images

The House reintroducedthe second version of the bill on May 28th, 2021. This version is the same as the first with the addition of some progressive upgrades. Most notably, drafters of the bill removed language that barred applicants with felony cannabis convictions from federal permitting. This languageproved controversial at the time of the passage of the 2020 MORE Act. Denying federal permitting to those directly impacted by prohibition seemed counterintuitive to the stated intention of the bill, “to provide for reinvestment in certain persons adversely impacted by the War on Drugs.” Removing this language shows that Congress aims for an even more progressive vision of legalization this time around.

Each quarter, Cannabis & Tech Today speaks with innovative brands from around the country to discover who is leading the call for a more resilient, thoughtful, transparent cannabis industry.

This issue, we’re highlighting three brands receiving national attention for their commitment to excellence within the cannabis community. 

Clear Cannabis Inc.

Rich Batenburg Jr., has decades of experience developing scalable business models in various industries.

As president and chairman of Clear Cannabis, Inc., Batenburg is using his expertise to develop an infrastructure for the company capable of scaling to a national level.

Wichita Falls was slated to become home to the nation's largest hemp processing plant, which may still come to pass, but area farmers are taking a cautious approach to the new crop.

"I guess the short story is people were very interested, but what we've come to learn is that we are so far from where we need to be on being able to do that on a wide scale it's going to be a slow, slow process," said Wichita County Extension Agent David Graf.

Texas legalized growing hemp 2019 following an 80-year federal ban because the plant contains a small amount of the same chemical that gives marijuana its high. Hemp is marketable because it can used in the manufacture of textiles and other products.

A bill to decriminalize the possession of small amounts of marijuana for personal use in Louisiana will become law after Gov. John Bel Edwards signed the legislation from Democratic Rep. Cedric Glover Tuesday.

"This is not a decision I took lightly," Edwards said. "The state of Louisiana should no longer incarcerate people for minor legal infractions, especially those that are legal in many states, that can ruin lives and destroy families, as well as cost taxpayers."

Although Edwards said the bill won't technically "decriminalize" possession of small amounts of pot, the penalty would be less than most speeding tickets.

The bill would make possession of 14 grams or less — about half an ounce — a misdemeanor in all cases and limit the fine to $100 with no jail time.

It takes effect Aug. 1.

Wisconsin saw a significant decline in the number of hemp growers and processors operating this year. That’s according to data from the state Department of Agriculture, Trade and Consumer Protection (DATCP).

Hemp growers and processors are required to register annually with DATCP as part of the state’s Hemp Research Program, which will continue through the 2021 growing season.

As of Monday, DATCP had received 803 grower applications, 83 percent of which were returning applicants. That’s about 48 percent fewer applications than it received in all of 2020.

In recent years, many people have woken up to the benefits of cannabis, and all of the different ways in which it can help people to deal with stress, and relax in their daily life. However, there is a balance to be struck.

People might find that certain sativa strains help them, while other people focus on indica strains. Usually, people will want to find a strain of marijuana that is high in CBD, but go too far in with THC and you will probably find that you are provoking more of a “fight or flight” response, and therefore find that cannabis is not the most effective way that you can manage and reduce stress.

In this guide, we’re exploring what the studies say regarding cannabis and stress management.

Microdosing Could Be Key

It helps to understand that the two main impacting compounds in cannabis are CBD and THC. They can be found in different amounts in different strains, depending on whether you opt for sativa or indica or other hybrid strains.

CBD tends to have a very positive effect on the body as it binds to the body’s serotonin receptors to help your mood in general, but too much can make you feel sleepy.

How well do you know your cannabinoids?

Most people are familiar with the two main cannabinoids – THC and CBD. However, cannabis is a complex plant with complex chemistry. As we continue to research these compounds, we begin to uncover the very nature of the experience we obtain from ingesting the plant.

In today’s article – we’ll be taking a “look under the hood” to see what these cannabinoids are all about. In the near future, the classifications of “sativa” and “indica” will begin to lose importance when selecting your perfect strain.

It’s smart to begin to educate yourself in the subtleties that is cannabis. This article is meant to provide you the basic rundown of major and minor cannanoids. This article was inspired by an LA Times article where they eloquently broke down the cannabinoids using pop culture to help drive the point across.

THC

We will start with THC mainly because it’s one of the most known cannabinoids on the market. It’s what everybody is either trying to limit, or to get more of.

Is June The Time To Buy Top Cannabis Stocks?

Have you been watching the top marijuana stocks wondering if you should make an investment? Currently, top marijuana stocks to buy have been showing significant market declines in the past few months. Now in June, there seems to be some upward momentum in the top pot stock to invest in. For new investors looking for an entry into the cannabis sector, this could be a great opportunity to find the best marijuana stocks to buy at lower price points.

Oregon's cannabis market offers examples of industry pain points, as well as the ability to innovate and mature.

Investors and entrepreneurs may want to be wary of the hyper-competitive market. However, if recent trends hold, Oregon may be turning towards prosperous times.

High times

April 2021 data from the Oregon Liquor Control Commission (OLCC) revealed that the state sold over $105 million in cannabis products in May 2021. In March and April, the state sold approximately $109 million and $110 million, respectively.

The figures mark significant gains for Oregon, which saw sales surpass $70 million per month at the start of the pandemic.

There’s no question that the cannabis industry is booming and changing daily. MJBizDaily recently released a publication that expects marijuana sales to boost the economy by $92 billion in 2021 alone. That statistic is up 30% from last year, and the same analysis predicts it will reach upwards of $160 billion by 2025.

With all of this incredible growth, significant changes are on the horizon. So, we decided to ask five top leaders in the cannabis and CBD industries about the changes they anticipate happening in the next five years. 

Here’s what they shared. 

The global cannabis industry is maturing, demands are increasing and better reforms are being enacted for the industry to attain a mature market. The not-so-new innovation that is becoming prevalent now is the "cannabis consumption lounge".

The basics

The best way to explain this is to liken it to a bar. Simply put, a bar is an alcohol consumption lounge, that is a public space where alcoholic drinks are consumed. Therefore a cannabis consumption lounge is a licensed and safe space for a group of people to consume cannabis.

Cannabis lounges may just be the best element to make cannabis socially acceptable by all age groups in the country. It will go a long way in ensuring an equitable industry that caters to all.

There has been widespread excitement in some states due to the proposals for new cannabis lounges. These lounges will allow people from all spheres of life to congregate in a space to talk and consume cannabis products—just like restaurants and bars.

Compared to cannabis dispensaries, these consumption lounges are far and few in between; no thanks to the legal and restrictive regulations in the country— most especially on the federal level.