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Malta Enterprise has played a pivotal role in ensuring support for research and industry in the face of the COVID-19 epidemic. It says Malta’s COVID-19 response is promising for the cannabis industry.

For most of 2020, coronavirus has shaped our lives and the world in which we live. The outbreak and official responses to it have affected all industries and businesses all over the world. The good news is that Malta has been very effective in mitigating and navigating this scenario – so much so that Hans Kluge, General Regional Director of the World Health Organization, singled the country out as the model that other countries should look up to and emulate. This is good news for the cannabis industry in Malta.

Malta cannabis industry: weathering the COVID-19 crisis

Even from an economic point of view, Malta has been praised for the way in which we have handled the situation and supported the local industry in this time of need. In its report titled ‘The great lockdown’, the International Monetary Fund predicts that, of the EU Member States, Malta will be the jurisdiction to suffer the least. The GDP contraction for Malta is expected to be the lowest amongst the EU28, standing at -2.8% in comparison to the average EU contraction of -7.5%. In the post-virus economic landscape, Malta is predicted to grow its GDP by 7% in 2021.

The local manufacturing industry has weathered the first part of this crisis very well. Our sturdy manufacturing ecosystem, which operates in different niches, exports to different markets and trades in different international currencies, has managed to overcome the initial impact of COVID-19. In no uncertain terms, this has been supported by the fact that the country never went into total lockdown, resulting in no days lost from production. In fact, some manufacturers effectively increased production and are now further expanding their operations.

This is very reassuring news to the booming and evolving medical cannabis sector, which is currently setting up its operations on this Mediterranean island. In fact, Malta’s cannabis sector has continued its activities as planned and predicted, with five projects having set up their facilities and applied for the requisite licence from the Malta Medicines Authority. Later on this year we should be seeing the first exports of medical cannabis originating in Malta.

Hexo Corp. says it has sold its facility in Niagara Falls, Ont., for $10.25 million to an undisclosed buyer.

The cannabis company announced in March plans to list the facility after reviewing its cultivation assets.

Hexo determined that it no longer expected to restart operations, which it halted in November 2019, due to an excess of cultivation capacity in the market, forecasted demand for cannabis products and expected market development.

The sale of the Niagara facility included land and greenhouse facilities, as well as certain equipment.

The company says it expects to use the proceeds to fund additional expansion of its Belleville, Ont., facility and for working capital and other general corporate purposes.

nly 3 per cent of Australians using medical cannabis access it through the government’s regulated program, a new study found. 

Medical cannabis has been legal in Australia since November 2016, when the government created a system where doctors could prescribe weed to treat various ailments.

The chief executive officer of Canopy Growth said this week he expects the United States will legalize recreational marijuana at the federal level in 2022.

Speaking to CNBC’s Jim Cramer on his show Mad Money, David Klein said that the growing number of U.S. states legalizing weed will inevitably lead to broader support in Congress that will, in turn, eventually force lawmakers to remove cannabis from Schedule I of the Controlled Substances Act.

A new comprehensive survey found many consumers still need help understanding basic cannabis concepts like THC and alternative delivery methods.

Despite various efforts by numerous companies big and small, education remains the biggest obstacle in the cannabis industry, a new survey conducted by Oasis Intelligence found. The firm’s research showed the majority of legal consumers still lack foundational knowledge about marijuana’s effects, risks, and benefits. One explanation? The number one resource customers use when seeking out information about cannabis and potential products is their friends.

The survey places stark contrast between the conversations occurring inside cannabis spaces and how people discuss marijuana at home.

“We inside the industry have a real advantage when it comes to understanding the plant from a scientific, regulation and usage perspective that is generally a requirement for those in the space,” Oasis Intelligence co-founder Laura Albers told The Fresh Toast. “However, when it comes to the average consumer, we see the needs for education are not about more advanced topics that the industry may prioritize—think terpenes, minor cannabinoids gaining popularity or even the endocannabinoid system.”

According to the Oasis study, over 70% of people are unfamiliar with terms like the “entourage effect” and “endocannabinoid system.” Instead, Albers said, many are still grasping the basics. Subjects that most interest consumers include different available products, CBD:THC ratios, and alternative consumption methods. A significant portion of consumers still seek more understanding around tetrahydrocannabinol, or THC.

In this day and time, it is almost impossible to turn on the TV and not find a show or news conference or even live footage of an ongoing protest over “Black Lives Matter” or “Economic Equality”. The same situation exists with social media platforms, radio broadcast, etc., all sharing the common theme of social equity. While we all seek a solution, the state of Illinois is doing their part by awarding the coveted “Adult Use Cannabis” business licenses for Craft Growing, Infusion, Transportation, and Dispensaries to social equity applicants by using a scoring system that favors the social equity applicant. We believe in this vision at TGC Group and our dream is to “pay it forward”. 

We see the world, especially for minorities living in poverty, quite differently because of where we come from. “Black Lives Matter” is a movement to save the lives of all people and have human life viewed equally no matter the race of an individual. Economic equality is a totally different fight. Our communities that are impoverished need cash infusions. There needs to be financial infrastructure that recirculates the dollars from the poor communities, and that comes from having business owners in the affected community put their profits back into their community. There needs to be a system of lending that is not based on credit scores and criminal background checks because most people at the bottom will never qualify. 

An example would be my husband, Christopher Lacy, who went to prison for three-and-a-half years for growing cannabis back in 2009. He is not a violent man; he never even had a fight in prison. He spent much of his time in prison teaching inmates how to read, write, and most importantly, he tried to teach them economics. He is educated about cannabis because he has been intimately involved with this plant and has been growing it for about 20 years. Yet when he tried to apply for jobs in Illinois to grow cannabis, his invisible barrier started with the resume. Just think about it: my husband knows more about cannabis than most people in the industry today and could manage a facility with ease. No one can see his worth because of his background and work experience. So many others in our poor communities face the same situation. We know for a fact that there is hidden talent in the impoverished communities and prison system; we intend to find it and empower these individuals to rebuild what was destroyed by the War On Drugs. I speak for all the ghettos when I say this: Give us access to the capital and we will get the rest done on our own. Conventional banks have their hands tied with this approach because they are regulated, but private funds have more flexibility. The excess capital needed to rebuild will not come from jobs, it only comes from ownership.

Luckily, J.B. Pritzker and Toi Hutchinson are aware of this and hence created the social equity fund to help the social equity applicants fund their projects if and when they are awarded a license. We must find a way to give to the bottom so that the dollars can trickle up. Trickle Down economics is kind of like that movie “Platform” on Netflix: there are never enough resources to get to the bottom because the people sending the resources down have no idea how to get them to the bottom floors of society. Trickle Up economics can start at the very bottom rungs of society and still will reach to this highest level of the economic system because it’s built in such a way that it will inevitably get there. 

Capital Is Needed To Rebuild

These new licenses, literally pathways to financial freedom if operated correctly and efficiently, are revenue machines capable of changing our community. This change does not come from providing jobs, although jobs do help and will be available, but by providing capital to rebuild. These funds can provide scholarships, business loans, even small infrastructure projects that can be accomplished via the tax revenue generated by the local governments. We have already made a written commitment to give a portion of net margins to the village. Capital in the right hands can make dreams come true. In theory, poverty can be solved. Poverty is not a prerequisite to the American way of life. That is why we were so proud to get zoning approval by our village. They see what we see. We can change neighborhoods like Beacon Hill. The dollars must recirculate in the community. Wherever you see high poverty rates you see high crime rates. This is not a coincidence. If you can lower the poverty rate you can lower the crime rates. This raises the quality of life for everyone. We see the state is on board, the county is on board, the Village of Park Forest is on board, and the citizens of the community are on board. Now all we need is the license and capital to get the resurrection started.  

To say 2020 could be a defining year for vertically integrated cannabis companies is an understatement.

It will be. And those driving execution in this complex, regulated industry with an enterprise-level solution will prove to be the leaders. 

This year, the cannabis industry has been thrust into yet another transitional period. Legalization legislation is potentially off the table for the foreseeable future, and many are dealing with a shrinking economy for the first time. 

As the cannabis industry grows globally, no country is according to FTI Consulting better positioned than Colombia to become the “grower” of choice for international cannabis trade. Experts Michael Cullen and Miguel Salcedo explain why. 

While predictions for the global cannabis trade in 2020 vary widely, industry leaders largely concur that legalization efforts will continue across the globe. As of April 2020, medical cannabis is legal (to some degree) in upwards of 50 countries. As a result, marijuana-related business are beginning to leverage international supply chains in pursuit of lower production costs, with a view to Latin America. 

Some countries in the region are positioning themselves to compete in the global cannabis market through regulatory reforms and partnerships with established North American and European players. While their competitiveness will be hampered by persistent political and macroeconomic hurdles, no country is more prepared than Colombia to differentiate itself from other countries in the region to become the industry’s grower of choice. 

Early moves toward legalization

The Colombian government sees cannabis production as a viable alternative to coca growing for farmers in conflict-ridden areas. During the 2016 peace negotiations between the administration of former President Juan Manuel Santos and the Revolutionary Armed Forces of Colombia (Fuerzas Armadas Revolucionarias de Colombia or FARC), a left-wing guerilla group, coca production saw exponential growth following a ban on aerial spraying in favor of manual eradication.

Accordingly, the current administration of President Iván Duque hopes that cannabis production will provide an attractive legal alternative for rural communities, which have historically had few economically viable options beyond cooperating with illegal armed groups in the production of coca.

No other plant has garnered quite so much attention as the humble weed plant.

Throughout history it has been celebrated — even deified — for its curative and euphoric properties. But, especially in recent decades, it has also been vilified, wrongly categorized and cast into the center of raging controversy.

From “Reefer Madness” in the 1930s, to planting “Hemp for Victory” during WWII, to our current status — knocking at the door of legalization nationwide after decades of strict prohibition gave way to a gradual policy thaw — cannabis has been a ubiquitous feature of the American experience.

Cannabis is again taking center stage. So it’s fitting that we take a look back at the most influential recent writing on marijuana and celebrate the books that have highlighted the subject and the triumphant march toward freeing this useful plant.

Colorado lawmakers passed a bill on Monday that would allow the governor to issue pardons for low-level marijuana convictions without input from the judges and prosecutors involved in the original court cases. The measure, House Bill 1424, now heads to the office of Democratic Gov. Jared Polis for his signature.

HB 1424 began its journey through the legislative process only last week, when it was introduced by Democratic Rep. James Coleman as a bill to define social equity applicants in the state’s legal cannabis industry. After speedy approval in the Colorado House of Representatives, the bill moved on to the state Senate, where it was amended to give the governor the authority to issue pardons for convictions for possession of up to two ounces of marijuana.

“This bill is a product of effective stakeholder work that created a path forward on important social equity policies,” said a spokesperson for Polis. “The Governor is happy that a meaningful, bipartisan bill addressing marijuana equity passed the legislature, and thanks lawmakers for their efforts to get this bill to his desk.”

Under the normal process for issuing pardons in Colorado, the governor is required to notify the relevant judge and prosecuting attorney so that they can provide input to guide the decision. HB 1424 eliminates that requirement for low-level marijuana possession cases and instead allows the governor and state attorney general to establish and implement an expungement process.

Bill Also Defines Social Equity Applicants

The original intent of HB 1424 was to create a definition for applicants eligible for the state’s cannabis business accelerator program and a future social equity program for Colorado’s legal cannabis industry. Under the current accelerator program, which is only open to those from economically disadvantaged communities, eligible individuals are permitted to operate marijuana businesses out of existing licensed facilities.

Considering its current reach and future growth potential, CBD is one of the most exciting markets in the world. Cannabidiol, also known as CBD, is one of the active ingredients of the cannabis plant.

Of the two components, THC creates the euphoric effects that marijuana is famous for and for which it has been classified as a narcotic in the past while CBD on the other hand has many medicinal benefits without the psychedelic side effects. In fact, this may be the main reason behind the impressive growth of CBD in recent years.

There are many reasons why edibles are great. As with other methods of consuming cannabis, edibles come with many advantages. Here are some you should keep in mind when comparing this to other methods of consumption.

1 – Edibles are discreet

Sharing a joint or a bong among friends is a great experience. It’s nice to be together and share that moment, enjoy getting baked together. However, you won’t always be in friendly territory. When you are traveling, have visitors, or are spending time with friends or family, the smoke and smell associated with lighting a joint might be the last thing you want.

For those scenarios, edibles are very convenient. They come in all shapes, forms, and sizes. From gummy bears to chocolate bars, you can even get cannabis jam and ice cream. You can also buy — or make — incredibly potent edibles, which allow you to get very high without having to carry large amounts of weed with you. Just be careful of how you store them; the last thing you want is for a friend to get high on your supply by accident.

2 – Edibles get you high longer

One of the downsides of edibles is just how long it takes for them to hit. Depending on your system and on what you ate, an edible might take as long as an hour to get you high. If you are looking for something that can get you through a boring business meeting, you’ll need to plan in advance exactly when you’ll eat the edible.

That delay is because something you eat needs to start being digested before it hits your bloodstream. However, digesting weed does have an advantage. As a result of the slow march of digestion, edibles get high a lot longer as your body keeps breaking the edible and getting more doses of cannabis into the system. A good edible might make you high for as long as six hours without the need to redose.

For cannabis marketers, generating mass awareness is far more difficult than it is for marketers in traditional consumer goods.

Cannabis marketers must navigate scores of disparate regulations that limit where, how, and who they can target with their message. This creates a serious challenge for brands that aim to move the needle on awareness or ad recall. 

However, recent shifts in consumer interest and supply and demand dynamics due to shelter-in-place orders have created an environment where cannabis marketers have a unique opportunity to generate brand awareness more efficiently than ever before.

Tip jars started to take shape around a decade ago when medical marijuana was first beginning to build momentum across the country.  

Now that marijuana legalization has taken hold in more parts of the United States, people are showing up to cannabis dispensaries in droves to see what it’s like to purchase legal weed. Sure, there is a novelty factor to it for some, while others are stepping inside these establishments destined to become regular patrons. 

At the front of the house are budtenders. These folks act in several different capacities, assisting customers in finding the best possible strain, showing them new products and answering questions to help them walk away with the best possible experience. It is important work, especially when it comes to dealing with a new customer whose only experience with marijuana was that one time back in college when they took a hit off a bong. These people need to be guided through the latest developments on the cannabis scene and the budtender is a big part of the process.

One of the things a new customer might notice while browsing the display cases in a dispensary is the presence of tip jars. This trend started to take shape around a decade ago when medical marijuana was first beginning to build momentum across the country. But now they seem to be turning up more in both the medical and recreational sectors. The idea, as with any situation where a tip jar is present, is to give the budtender an opportunity to earn additional income.

It is also an incentivizing measure. If a budtender believes he or she can earn an extra $50 or more each day by simply providing superb customer service, chances are they will come to work ready to make it rain.  

Deadly police actions, punctuated by the ongoing protests after the murder of George Floyd, represent just one arm of an octopus-like creature that feeds off systemic racism. Another element that has been brought up a lot in recent weeks is the failed War on Drugs policy.

Despite the supposed end to the U.S. drug policy, it continues to claim victims, including those who remain in prison for non-violent weed convictions and those whose records prevent them from equal treatment in terms employment and housing.

The War on Drugs “is a policy failure that has come at great cost, to society generally and to minority communities especially,” drug policy experts Katharine Neill Harris and Alfred Glassell, III write in a blog posted last week on Rice University’s Baker Institute for Public Policy website.

But, as Harris and Glassell point out in their post, the failure’s legacy stretches beyond the immediate victims: “The ‘war on drugs’ is an impediment to reducing unnecessary citizen-police encounters and to cultivating humane treatment of people who use drugs.” By normalizing “aggressive policing within a system already mired in institutional racism,” the pair suggests that chances are greater for more and more violent interactions between people and police.

Approaches such as no-knock searches, often led by heavily armed SWAT teams, unsurprisingly “carry a high risk for deadly violence.” And drugs are a routine component of “pretext stops,” described as allowing police officers to stop people for one violation with the intent of uncovering a separate violation. This would be the case if a driver was pulled over for a traffic violation and on the pretext of smelling weed, the vehicle is then searched.

The newly formed Culinary Cannabis Association promotes safe, legal enjoyment of infused foods. As well, the CCA offers a certification program to teach foodies and weed enthusiasts everything they need to know about using cannabis as an ingredient. The next certification course takes place in Vancouver on Aug. 19–20. To get you started, CCA co-founder and director of culinary Travis Petersen serves up these buzz-worthy recipes.

Herb-Infused Stuffed Chicken Breast

Makes 2 servings

iStock / Getty Images Plus

Ingredients

4 tsp (20 mL) Infused Butter (see recipe below)
2 sprigs each fresh thyme, rosemary and sage
1 tbsp (15 mL) lemon zest
1 tbsp (15 mL) dried oregano
1 tbsp (15 mL) dried kief
½ tsp (2 mL) ground cumin
Salt and pepper to taste
1 tbsp (15 mL) canola oil
2 boneless chicken breasts

Directions

Each chicken breast yields 11 mg of THC.

Every day, people across the United States demonstrate how legal cannabis could save the nation’s economy from the virus-caused downtown. They do so by buying record amounts of weed.

Every day, people across the United States demonstrate how legal cannabis could save the nation’s economy from the virus-caused downtown. They do so by buying record amounts of weed.

Almost all legal cannabis states made medical and adult-use dispensaries essential businesses that could stay open as lockdowns began. The lone exception, Massachusetts, has since changed course. This is good news for industry workers in the state since it now has more cannabis industry employees than hairstylists and cosmetologists. Most legal cannabis states release numbers each month that prove how right they were in making the choice to keep dispensaries open.

Oklahoma provides a great example. Only in the last year becoming a hotbed for cannabis advocates, the state clocked its fourth month in a row of record sales in May. Consumers spent $73.8 million on medical marijuana in April. The sharp rise in sales started with the COVID-19 pandemic, according to The Oklahoman.

And sales could have risen even more in future months. In May, state lawmakers from both parties voted for a bill that allowed dispensaries to deliver weed and for people from out of state to buy cannabis with a 90-day temporary card. 

Gov. Kevin Stitt, a Republican, vetoed the bill.

Cannabis has been pinned as a treatment option for many different disorders lately, many of them seeming completely unrelated. Everything from physical pain to mental disorders and even cancer are said to respond to cannabinoid treatments, but how exactly is that possible?

When you first start hearing about all the different conditions that medicinal cannabis is being used for these days, it almost seems like a gimmick to legalize. Can one plant, not to mention it’s a plant that gets you high, seriously have so many therapeutic benefits? Although it may seem like a stretch, if you have an understanding of the Endocannabinoid System, it makes a lot more sense why cannabis actually works so well in the human body.

What is the Endocannabinoid System?

The only reason cannabis actually works and has an effect on us at all is because of the Endocannabinoid System (ECS). Simply put, the ECS is a network of receptors that exists in the bodies of all mammals, plus the endocannabinoids that bind to them. As a whole, the ECS regulates numerous different functions and processes in our bodies and maintains internal balance and homeostasis.

Researchers have discovered two different endocannabinoids so far, 2-arachidonoylglycerol (2-AG) and anandamide (AEA). 2-AG is made from omega-6 fatty acids and is present in fairly high levels in the central nervous system, but it has also been detected in human (and bovine) milk. 2-AG is a full agonist of both the CB1 and CB2 receptors, but it has a stronger influence over the CB2 receptor. Because of this, 2-AG is thought to have a substantial impact on the immune system.

Anandamide (AEA), also commonly referred to as the “bliss molecule”, is believed to play a major role in the in all of our basic daily physiological functions including sleep/wake cycles, appetite, mood, and even fertility; but we’ll get more in-depth on the benefits of this cannabinoid a bit later.

In addition to the naturally produced cannabinoids, there is also a large web of receptors that allow AEA and 2-AG to function the way they do. The two receptors that have been studied most extensively are CB1 and CB2. Cannabinoid receptors sit on the surface of cells and monitor conditions on the outside. Once they sense changing conditions and the body falling out of a state of homeostasis, they signal the appropriate cellular response to restore balance.

Last week was Hemp Week across the USA, but in the state of Colorado a special local event was officially proclaimed by the state’s government.

As we recently mentioned, a national Hemp Week was held last week – an initiative of the Hemp Industries Association (HIA) that is now in its 11th year. Colorado’s state government took things a step further by issuing an official proclamation declaring Colorado Hemp Week; with a slightly different timeline – June 7 – 13.

“Colorado was the first state in the nation to bring back the cultivation of hemp after 75 years of prohibition and we lead the nation in industrial hemp production acreage,” said a post on Governor Jared Polis’s Facebook page. “Hemp is a necessary agricultural commodity to promote conservation and hemp products can provide sustainable solutions and options for consumers and businesses.”

The Proclamation also states Colorado was the first state in the nation to recognize hemp as a food product.

Colorado voters authorized hemp production in 2012, and the first experimental crops were planted the following year. This was before the federal 2014 Farm Bill that contained provisions for growing hemp for research purposes.