WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife News Network.

Happiness Development Group Limited entered into letter of intent to invest $6 million in Kannaba Agritech Corp

Happiness Development Gets Ready to enter the $37.4 BILLION USD Global Cannabis Industry

Happiness Development Group Limited ("HAPP" or the "Company"), (NASDAQ: HAPP) an emerging and diversified company engaging in the business of production of nutraceutical and dietary supplements, providing e-commerce sales and e-commerce marketing solutions, and the sales of automobiles today announced that the Company has entered a non-binding letter of intent with Kannaba Agritech Corp. ("Kannaba"), a Cannabis company headquartered in Vancouver, Canada to purchase 10% equity interests of Kannaba for a consideration of $6 million.

The Company is entering the cannabis industry as it is growing exponentially. According to a report by Prohibition Partners titled "The Global Cannabis Report, states that the legal global market size is expected to reach USD $102 billion by 2026." Kannaba's focus will be on sustainable cultivation of medical marijuana and to produce pharmaceutical grade ingredients to be sold and exported to the medical, pharmaceutical, nutraceutical and therapeutic industries globally. As a private corporation, Kannaba is currently in the process of becoming a licensed producer to cultivate cannabis in Canada via an indoor controlled grow environment. Additionally, Kannaba has acquired an international license in Zimbabwe for the exportation of outdoor grown cannabis, which has allowed Kannaba to have substantial access to acreage, which will potentially make the company one of the largest cultivators of cannabis by land size in Africa.  Kannaba expects to produce only the finest quality medical cannabis with both its outdoor and indoor cultivation facilities. Kannaba expects to build its facilities to include a state-of-the-art-extraction-facility, to be EU GMP, GAP, ISO certified, and to follow European Pharmacopeia Standards. Kannaba aims to be the missing piece in the Global Cannabis Industry. Kannaba believes that it is well positioned to be a global player by offering year-round scalable cultivation with low costs of production.

"In the past few months, we have been considering how to utilize our advantages in herb extraction and planting technologies for international expansion. We have been searching for additional products that can make use of our technology in other various industries. After our diligent search and study, we believe cannabis is a very suitable choice," said Xuezhu Wang, CEO of the Company, "By investing in Kannaba, we will have the great opportunity to work closely with their experts in the cannabis industry and to research and study the cultivation, harvesting, and extraction of the cannabis plant."

"We are excited to be working with such a forward-thinking company like HAPP. Their team has built an excellent brand in China with the vision to expand to global markets. We feel that we can assist them through this expansion," said Saleem Mohamed, Chairman and Founder of Kannaba.

"With Kannaba being vertically integrated with cannabis cultivation, extraction technology, international distribution agreements and a line of products, this equity investment will allow us to lay a solid foundation in establishing our global cannabis footprint."

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The man behind Reditus Labs wants to become a destination employer for a lot more than COVID testing

Coronavirus testing has made Reditus Laboratories one of the fastest-growing employers in central Illinois, and the man behind the company's success says it's about more than good timing.

In the first of a two-part series on Reditus’ sudden rise, CEO Aaron Rossi has a unique blend of business interests that goes beyond the biomedical lab. There's orthotics, there's branding, and soon there may even be cannabis growing in his future.

In 2018, Aaron Rossi bought a bankrupt orthotics company called PAL Health Technologies in Pekin. A year later, he started a company called Reditus Laboratories inside the same building along the Illinois River in a business park on the city's southern edge.

Rossi, 39, explained he wanted to build Reditus into a leader in health care technology, starting with the study of body organs and tissues and molecular testing for cancer treatments.

In what turned out to be a fateful decision, Reditus then moved on to study infectious diseases.

Seated in his corner office and wearing his signature blue plaid sports jacket, Rossi recounted the early days at Reditus when COVID changed everything. He knew there would be huge demand for COVID testing. He said he and Reditus' partner, Thermo Fisher Scientific, worked out a plan to fill that need.

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Tyson 2.0, Mike Tyson's premium cannabis brand, announces key partnerships with leading cannabis innovators

Strategic Partnerships with Futurola, Stündenglass, GPen, Click and El Blunto Puts Company At The Cutting Edge of the Cannabis Industry and Demonstrates Tyson 2.0's Excellence in Elevating Cannabis Consumption Experiences for Consumers

 Tyson 2.0, legendary boxer, entrepreneur and cannabis advocate Mike Tyson's newly launched cannabis company, today announced that fans will be able to experience their favorite Tyson 2.0 strains through new concentrate delivery devices and specialty products developed in partnership with the industry's premier cannabis brands.

"We are thrilled to partner with Futurola, Stündenglass, G Pen, CLICK and El Blunto to bring the newest and most innovative cannabis products and devices to market. Tyson 2.0's latest collabs combine our signature and most popular strains with our partners' premium technology, catering to a broad set of individuals and meeting the cannabis consumption methods they seek," said Mike Tyson, Chief Brand Officer and co-founder, Tyson 2.0.

Tyson 2.0 has joined forces with Futurola, an Amsterdam-based global brand founded in 1996, to launch an exclusive line of world-class rolling and smoking accessories. FUTUROLA x Tyson 2.0 BLUNT CONES are the latest innovation in pre-roll mastery, featuring Futurola's exclusive blend of tobacco-free, cruelty-free and vegan blunt paper and terpenes from Mike's favorite strain, the Toad. Each King Size Cone is rolled with care by skilled artisans, following the most stringent quality-control standards to ensure consistency in the finished result and are individually packaged in shatter-resistant glass tubes.

"Futurola is the future of rolling, and this exclusive collaboration between two legends in their industries, FUTUROLA x Tyson 2.0 offers the latest and greatest in the blunt game. We are all about innovation and our goal is to make a great experience, accessible for everyone," shared Patrik Eriksson and Toby Skard, owners of Futurola.

Tyson 2.0, alongside Stündenglass, maker of the world's first 360 degree gravity powered infuser developed the Tyson 2.0 x Stündenglass Gravity Hookah, a contactless smoke delivery system featuring a patented design and packaged in a transportable, craft storage box. Tyson 2.0 also announced a collaboration with G Pen, a subsidiary of the leading cannabis technology company Grenco Science Inc. and will bring to market the Tyson 2.0 x G Pen Dash, an innovative personal vaporizer, tailored to connoisseurs and new consumers alike. The Dash features a glass-glazed stainless steel heating chamber combined with a clean air source and integrated air path for unsurpassed flavor and vapor production from fan-favored Tyson strains.

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Biological control taking next steps for specialty crop growers

Three hundred attendees gathered in Monterey, CA, the first week in March for the Biocontrols USA 2022 Conference and Expo. Hosted by Meister Media Worldwide and its American Fruit Grower, American Vegetable Grower, and Greenhouse Grower brands and sponsored by Certis Biologicals and Valent, the event was a welcome opportunity for growers, crop advisors, educators, and suppliers to reconnect and share solutions to their most pressing production challenges.

While it has been two years since the last Biocontrols USA event due to the pandemic, developments in biologicals and related specialty crop technologies have continued, making this year’s conference an especially fertile environment for education and networking.

Sustainability and technology were a uniting thread that ran through both the Conference program and the Expo, where nearly 30 suppliers shared updates on innovative new products. For growers and crop consultants, the benefits of softer, more targeted materials for their crop protection and plant and soil health programs are much more widely accepted in 2022. And that trend perfectly aligns with a growing focus from consumers who are making their expectations for sustainably produced food, flowers, and other products clear. Biologicals are an obvious fit serving both growers and their customers with those goals in mind.

The conference was headlined by an engaging keynote from biologicals industry veteran Dr. Pam Marrone, founder and former CEO of Marrone Bio Innovations and current Director of Chestnut Bio Advisors. Marrone, who now works with agtech and agbio startups, detailed many of the advances that have taken place in the biologicals space in recent years. She asserted that developments there should be viewed in coordination with many of the developments happening in other areas of agriculture. The next big steps, she said, will come when we start tying all the pieces together.

“Stop expecting a silver bullet. We need systems integrators who can help create holistic systems with cultural tools, crop varieties, soil health practices, biologicals, and precision farm data,” she said.

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Local companies launch cannabis logistics platform

According to LDG, Drop Point is a first-of-its-kind cannabis online marketplace that automates workflows.

Security provider Liberty Defense Group (LDG) of Fayetteville has launched a cannabis transportation software platform.

According to LDG, Drop Point is a first-of-its-kind cannabis online marketplace that automates workflows and provides visibility for cultivators, carriers, and dispensaries to streamline their work to move products.

To support the marketplace, LDG uses an API-first platform called Control Tower, developed by Rogers-based tech startup Firebend, which provides cloud-based logistics management software.

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Can brain stimulation cut excessive drug use in schizophrenia?

Repetitive transcranial magnetic stimulation (rTMS) was associated with a reduction in self-reported cannabis use by up to 60 per cent among people with schizophrenia who have cannabis use disorder (CUD), according to a CAMH-led study just published in the journal NPJ Schizophrenia.

The double-blind study is the first of its kind to investigate the effectiveness of rTMS in treating CUD in people with schizophrenia, and was supported by the U.S. National Institute on Drug Abuse (NIDA) and the CAMH Foundation.

“People with schizophrenia have very high rates of cannabis use disorder compared to the general population, and there is strong evidence that cannabis use worsens psychiatric symptoms and quality of life in these people,” said senior author CAMH clinician scientist Dr. Tony George.

“Despite the known harmful effects, there is currently no approved treatment for CUD with or without schizophrenia.  These results indicate rTMS may be a safe and effective way to reduce cannabis among people with schizophrenia.”

Until relatively recently, brain stimulation technologies like rTMS were used primarily for treatment-resistant depression. However, studies have now found rTMS to be effective in reducing drug use and cravings for several substance use disorders in the general population.

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Industrial hemp leader Santa Fe Farms rebrands as element6 Dynamics to reflect its focus on addressing Earth's carbon imbalance at scale

element6 Dynamics nature-based solutions will transform one million acres of industrial hemp to impact global paper, plastics, and protein industries.

 Santa Fe Farms, a company harnessing the power of science to regenerate our planet by addressing its serious carbon imbalance at scale, announced today that its new corporate identity will be element6 Dynamics. The new identity better reflects the company’s position at the forefront of an industrial paradigm shift away from putting carbon into the atmosphere to taking carbon out. element6 Dynamics uses the industrial hemp plant to capture carbon from the atmosphere, locking it into its plant fibers and into the soil, where it has many beneficial effects including soil regeneration and the reduction of toxins. Industrial hemp grows rapidly in a wide range of conditions, sequestering large amounts of carbon while being rich in cellulose and other materials that make it an ideal and sustainable source of industrial fibers, oils, and plant-based proteins, which the company believes will particularly benefit the protein plastics and paper industries. element6 Dynamics’ nature-based solutions further impact the planet by reducing tree harvesting, hydrocarbon emissions, and livestock methane emissions. The company will be both a net-negative carbon business and an important source of nature-based carbon offsets used by enterprises seeking to reduce their carbon footprint to meet their ESG goals and/or regulatory requirements.

Under the leadership of Executive Chairman Steven Gluckstern and CEO Kim Kovacs, element6 Dynamics has evolved from an organization with roots in farming to a carbon-centric company that will be a driving force in the creation of a new industry.

“Our opportunities have grown, and our focus has become clear,” said element6 Dynamics CEO Kim Kovacs.

“We are creating an industry that will ultimately impact new technologies and products that are grounded in science and the realization of the power of hemp which is a climate-smart commodity.”

At the core of element6 Dynamics corporate focus will be dedicated to research and development, a commitment to cultivating over one million acres of industrial hemp, and the creation of 60 processing facilities that transform the crop into essential hemp-derived materials for major paper/pulp, plastics, and protein industries.

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Twitch unlocks cannabis marketing

Cannabis companies continue to struggle with inconsistent guidelines and the arbitrary enforcement of Terms of Service imposed by social media sites like Facebook Meta and Instagram, but social media marketing is not a platform that any business can afford to overlook. Twitch, an American company operated by Twitch Interactive and a subsidiary of Amazon, Inc., (NASDAQ: AMZN) is a live video streaming service that focuses primarily on video games that might just present a viable marketing alternative to more restrictive social media environments. 

William Zorn is a content creator for Twitch and sales and marketing executive for Toronto-based Greenhouse Agency, which is under the AdCann umbrella. His blog post about cannabis marketing potential on Twitch recently appeared on AdCann’s website. Zorn says he was inspired to write the piece because he has spoken to hundreds of retailers who have had their accounts removed from Instagram unjustly. “The post was my way of challenging cannabis marketers to look outside of those core social media sites into things that are a little bit newer and more exciting.” Exciting indeed. In his blog post, Zorn cites a recent Brightfield Group poll that showed that 54% of gamers use cannabis while playing video games, with an 86% increase in cannabis use before/while playing video games from Q1 to Q3 of 2020.

According to Zorn, Twitch has found ways to surmount several obstacles posed by marketing cannabis on social media.

“Many cannabis marketers have a hard time finding effective ways of age-gating content and Twitch has a really great way of doing it. On top of asking viewers to verify their ages and using ESRB ratings, Twitch allows creators to mark their materials for mature audiences.”

This is something, Zorn explains, that as a creator who makes cannabis a focal point of what he does on the platform, has been instrumental to his success.

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A unique green composite obtained from coconut fiber

Roads Can Be Built from Coconut, NUST MISIS reports

An international research team from Russia, India and Thailand has presented a technology for manufacturing a reinforcement (strengthening) composite from a waste coconut leaf sheath (CLS). Due to its lightness and strength, it can be used to cover autobahns, create interiors for railway cars and airplanes, as well as for domestic needs. The results of the study have been published in the Polymer Composites journal.

Natural fibers - coconut, sisal, coir, jute, banana, hemp, bamboo - are increasingly in demand in the industry, as they have high mechanical strength and stiffness, excellent thermal stability and corrosion resistance. Manufacturers are increasingly using them to replace synthetic fibers as a cost-effective, affordable and environmentally friendly solution.

The study on green composites has been conducted by King Mongkut's University of Technology North Bangkok jointly with the NUST MISIS Department of Engineering of Technological Equipment . The leading scientists from Thailand are Dr. Sanjay Mavinkere Rangappa, Senior Research Scientist at KMUTNB, and Prof. Dr. -Ing. habil. Suchart Siengchin, President of KMUTNB.

The superior properties of composite made of natural fibers are driven especially by a good interfacial bonding at the interface of fiber and matrix. To obtain it the natural fibers, which belong to hydroxyl groups containing lignin and cellulose are generally chemically modified. By using chemical or surface modification, it is possible to improve the degree of interlocking of at the interface of fiber with a matrix, which results in excellent resistance to failure of the materials," said Sergey Gorbatyuk, co-author of the study, Professor of the Department of Engineering of Technological Equipment at NUST MISIS.

NUST MISIS scientists, together with colleagues from India and Thailand, have made a so-called green composite, which is based on coconut fiber reinforced with a phenol-formaldehyde composite (based on phenol resin, a synthetic polymer).

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New industrial hemp company plans big footprint in Vermont

The iconic E.T. & H.K. Ide grain mill buildings in St. Johnsbury have been sold to a company that plans to use them for processing industrial hemp.

The two cousins behind Zion Growers, Travis Samuels and Brandon McFarlane, said they also have their sights set on a 200,000-square-foot industrial building 100 miles to the southwest, in Proctor, that was once home to the Vermont Marble Company. By the fall harvest, the two say they'll be ready to process hemp into fiber that will be used to create building materials, animal bedding and cardboard.

Hemp — a version of the cannabis plant that won't get you high — is a sustainable replacement for materials such as plastic and composites, said McFarlane, a real estate attorney in Florida who graduated from Norwich University. McFarlane said processing hemp into paper, textiles, and "hempcrete" — a construction material — is more environmentally friendly than using traditional materials. He expects the market to grow.

“We see those as the three main players in the future where hemp is going to either be heavily involved or completely take over in the next couple of decades,” he said.

Zion Growers got its start in the hemp gold rush of 2019, after 2018 changes to federal law prompted people around the U.S. to start growing cannabis for cannabinoids such as CBD. The plant components became a popular supplement — thought to have health benefits — that was added to food, drinks and beauty products.

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22nd Century and KeyGene achieve breakthrough in hemp/cannabis plant transformation

New Capabilities Allow 22nd Century to Accelerate Revenue Streams and Create Higher Value Commercial Lines

22nd Century Group, Inc. (Nasdaq: XXII), a leading agricultural biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco, and improving health and wellness through modern plant science, announced today, together with its global plant research partner KeyGene, a breakthrough in its hemp/cannabis plant research leading to the successful transformation of the hemp/cannabis plant genome using a proprietary plant transformation and regeneration technology and clear protein expression by the introduced genes.

“I cannot emphasize enough what an enormous achievement it is for our company to have cracked the code to show proof of genome transformation in the hemp/cannabis plant. This is the holy grail in plant science and places us in a commanding leadership position in the race to secure patents and other valuable intellectual property in the emerging hemp/cannabis genetics field,” said James A. Mish, chief executive officer of 22nd Century Group.

“These newest plant transformation discoveries unlock additional revenue opportunities for the Company and accelerate our efforts to create new hemp/cannabis plant lines with much higher commercial value at accelerated rates, lower cost and lower risk to our customers.”

Said JP Tamburrino, Vice President or Research and Development at 22nd Century Group, “This new transformation methodology leading to functional protein expression in hemp/cannabis is a key enabling technology that greatly enhances our ability to directly and quickly modify specific target genes. This unique know-how adds another important tool to our established modern plant science capabilities that also includes an extensive library of hemp and cannabis germplasm, a genome database, marker-assisted, rapid-cycle molecular breeding and mutagenesis, all supported by KeyGene’s world-class bioinformatics and genome sequencing capabilities utilizing machine learning and AI. Together, these tools, which are typically only used by the largest plant science companies such as Bayer/Monsanto, Corteva and Syngenta, are being used by 22nd Century to create new, proprietary hemp/cannabis plants tailored to differentiate the content of specific major and minor cannabinoids, terpenoids or eliminate unwanted metabolites to create new commercial lines tailored to the preferences and needs of end users, often at a fraction of the time and cost of traditional breeding methods.”

22nd Century has previously demonstrated its ability to generate new, tailored hemp/cannabis lines through broad-based techniques such as molecular breeding and mutagenesis, which necessitate the creation of hundreds or thousands of plants that are then genetically sequenced to identify those with the desired genetic traits. The plant transformation breakthrough unlocked by 22nd Century and KeyGene enables the desired DNA sequences to be inserted directly into or created from a plant’s existing genetic material, creating a more expedient and focused methodology to achieve the desired outcome.

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What is cannabinomics and what does it mean for future cannabis strains?

 

Cannabinomics refers to the scientific approach of using mass spectrometry and statistical analysis to differentiate between available cannabis species.

It is the year 2022, where cannabis laws are becoming more flexible by the day and adequate and precise information about the natural herb is available to everyone. While we are all grateful for the growth of cannabis laws and regulations, there is still a need for more scientific research about the plant.

In this article, we will be paying close attention to cannabinomics and its use in analyzing cannabis varieties.

What Is Cannabinomics?

It is safe to say that cannabinomics isn’t exactly a word that is commonly used among the majority of cannabis enthusiasts and this is because it is majorly a scientific term. Cannabinomics refers to the scientific approach of using mass spectrometry and statistical analysis to differentiate between available cannabis species. In clearer terms, the scientific process involves the use of analytical processes to identify phytochemical markers that can be used to differentiate between cannabis varieties.

The general knowledge among most cannabis users is that the difference in cannabis varieties largely boils down to whether it is sativa, indica, or a hybrid of both. While this may be fundamentally true, there is still more to the differences in cannabis varieties than the species they originate from. This is why many cannabis growers and researchers over time have used THC and CBD concentration as a major marker in differentiating varieties.

The use of THC and CBD as main markers for differentiating cannabis varieties has been quite instrumental both in terms of research, cultivation, and use. This is because it helps to give the grower and/or user an idea of what to expect from the herb. However, there is still room for differentiating cannabis varieties beyond just THC and CBD which is where cannabinomics comes in. The process uses compounds less prominent as THC and CBD to analyze and differentiate different cannabis varieties.

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Do You Know The Difference Between SEO For Cannabis And Other Industries?

News Americas, NEW YORK, NY, Thurs. Feb. 17, 2022: Cannabis is quite a controversial matter for some people. While the opponents and supporters are struggling for and against the legalization of marijuana all over the country, cannabis businesses have their own fight. It is their struggle to survive among the niche competition. For this purpose, these enterprises are also actively using digital promotional tools. Is there any difference in promotion for a cannabis company and the one working in another field?

Yes, there is. But how have industry differences appeared? What are they? In this post, we are going to dwell on the most essential complications faced by cannabis businesses while they are trying to promote their websites on the Internet. Some of them have already understood the difficulty of the situation and have entrusted promotion to SEO experts for cannabis businesses, one of which is Mj Seo Agency.

Difficulties Faced by Cannabis Businesses

So, let us determine the most serious complications that interfere with the promotion of cannabis businesses. There are:

legality restrictions, besides, they are different in different states;data issues since search engines are severely limited on the data on cannabis search; Google, for instance, hides the info on cannabis in Google Ads);sales limitation issues caused by the above-mentioned legal restrictions.

To try to win over the attention of the target audience, cannabis businesses need to overcome more obstacles than regular companies. Because of all this, cannabis is a trickier industry to work in. Optimization of the content on a site takes much more effort and requires a higher level of professionalism of specialists. Even with SEO tips for cannabis businesses, it is not an easy task. And it does not matter if your business is a product manufacturer, dispensary, farm, cultivator, e-commerce store, etc.

Restrictions from Search Engines

So, you have decided to select keywords for a blog post. You open Google Keyword Planner and input the word “cannabis”. It is a way the work on the content starts. However, here, the results of GKP show “No ideas satisfy current filters.” Does this mean that there is no data on cannabis on Google? Sounds unrealistic, doesn’t it?

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Clinical Ink’s Technology Deployed for Groundbreaking Cannabis Research

JAMA publication demonstrates assessment validity, points to future research and real-world application.

Horsham, PA, Feb. 17, 2022 (GLOBE NEWSWIRE) --

Clinical Ink’s Technology Deployed for Groundbreaking Cannabis Research

JAMA publication demonstrates assessment validity, 
points to future research and real-world applications

HORSHAM, Pa.; Feb. 17, 2021 (Business Wire) – Clinical Ink, a global clinical technology company, is excited to announce our Chief Innovation Officer Joan Severson's collaboration on the recently published JAMA Psychiatry paper Driving Performance and Cannabis Users’ Perception of Safety: A Randomized Clinical Trial. Severson was part of the team led by Dr. Thomas Marcotte, Professor and Co-Director of the Center for Medicinal Cannabis Research, at the University of California San Diego.

As the legalization of cannabis expands in the U.S., it is increasingly pressing to effectively measure its effects on users’ health, behavior and community. While breathalyzer tests exist to measure alcohol consumption and the ability to safely drive, no equivalent testing has been developed for cannabis use. In this trial, the team deployed proprietary, digitized assessments from Clinical Ink’s BrainBaseline™ platform to help measure cannabis-related impairment while driving.  

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Cansativa Group grabs capital as Germany readies for recreational cannabis market

Calvin Broadus, a.k.a. Snoop Dogg, rocked the stage at Sunday’s Super Bowl, and now his Casa Verde Capital team is pumping new funds into Frankfurt-based Cansativa Group, touted as the “largest medical cannabis distributor” in Germany. (Image Credits: Cansativa Group / Cansativa Group's Benedikt Sons and Jakob Sons)

Cansativa Group came onto the scene in 2017 with business-to-business tools for customers to manage every stage of the cannabis value chain — from importing goods to distributing them — and all associated logistics required to get product to thousands of pharmacies. It also distributes equipment and ancillaries to pharmacy customers throughout Germany.

Benedikt Sons, Cansativa’s founder, managing director and CEO, told TechCrunch via email that the company provides both first- and third-party marketplace tools to enable cannabis access for everyone in a complex and highly regulated ecosystem. He co-founded the company with his brother, Jakob Sons.

He also said the company was building the “Amazon” of cannabis in Europe.

“We strive to become the operating backbone of cannabis retail and the cannabis industry,” Sons added. “Similar to platforms like Amazon, Cansativa takes care of complex processes such as third-party retailer support and fulfillment. Additionally, Cansativa creates a trusted and regulatory compliant ecosystem to take care of complicated and time-consuming processes such as vendor and customer qualification, quality verification, track and trace. For example, we are combining regulatory expertise with a state-of-the-art B2B customer experience including merchant ads, benchmarking and business intelligence and many other future features.”

Casa Verde, known for its venture support of startups focused on the cannabis industry, is leading the $15 million Series B round of funding that also includes Argonautic Ventures and Munich-based family office Alluti. This investment is the largest investment in Germany and in Europe to date, according to the firm.

Having the firm as an investor, “brings a huge and unique experience from more mature markets such as Canada and U.S. to the table,” Sons said. “They are globally the foremost and most experienced cannabis venture capital firm and are invested in some of the most successful and innovative cannabis companies. We are very confident that Casa Verde is the perfect partner to accelerate our further growth and supports us in choosing the right partners, creating the right business models and to focus on the right technologies to achieve our ambitious goals.”

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Apple Secretly Joined Amazon In Advancing Commercial Cannabis Reform

This past summer, a little recognized thing occurred — one of the largest and most respected companies in the world quietly changed its policies in favor of cannabis. That company was Apple. As a result, they joined the ranks of Amazon as a global corporation advocating for policy reform that would open a federally legal, commercial cannabis industry in the United States.   

For years, large tech companies, including Facebook and Google, have refused to acknowledge the legality of industrial hemp, let alone the legality of medical or recreational marijuana. Finally, Apple bucked that trend. In June, the fine print of Apple’s “App Store Review Guidelines'' release stated that apps handling sales and delivery of medical and recreational cannabis in legal jurisdictions are now allowed on the App Store. This was monumental.  

Unlike the big headlines we’ve seen recently from Amazon, Uber, the NFL, and other mainstream, institutional businesses, showing a positively changing attitude toward cannabis, Apple made no big-splash announcement that this had happened. Yet, this change came at a time of a shift in the cannabis paradigm for voters, policymakers, and the average American. 

As we’ve discussed previously, U.S. voters are shifting rapidly and dramatically in favor of cannabis legalization. The most recent Gallup poll showed that 68% of American voters support some form of legalization. There’s also tremendous momentum from the recent unveiling of the Cannabis Administration and Opportunity Act by Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Committee Chairman Ron Wyden (D-OR) and Sen. Cory Booker (D-NJ).

The financial technology experts at Artis Intel are ahead of the curve in identifying the imperative to collaborate with tech leaders like Apple to update policy to reflect the mainstream adoption of cannabis. Co-Founder and CMO of Artis, Adair Lion shares, “As a fintech company on the cutting-edge of development in both cannabis and retail, Apple’s Policy changes are a monumental shift in the way our society does mobile transactions.”  

 

Then political leaders and Fortune 100 companies begin modifying policies and behavior to accommodate something that has been seen as fringe, elicit, or otherwise illegal, the hearts and minds of American start to change. It’s safe to say the tide is turning. 

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Heavy Metals in Cannabis Method Approved by AOAC INTERNATIONAL

CEM Corporation is pleased to announce AOAC INTERNATIONAL’s approval of the analytical method, “Heavy Metals in a Variety of Cannabis and Cannabis-Derived Products,” used for the analysis of toxic metals in cannabis and cannabis-containing products.

This First Action AOAC Official Method status represents a large step forward in cannabis testing. The method, OMA 2021.03, uses high throughput microwave digestion and inductively coupled plasma mass spectrometry (ICP-MS) to solubilize and analyze arsenic (As), cadmium (Cd), mercury (Hg), lead (Pb), and other elements in cannabis products, including edibles, health and beauty products, and cannabis or hemp supplements.

The new method was rigorously reviewed by a panel of analytical science experts and is the first method approved by AOAC for heavy metals in cannabis. The accuracy and precision of the ICP-MS-based method met the AOAC Standard Method Performance Requirements for Determination of Heavy Metals in a Variety of Cannabis and Cannabis-Derived Products (SMPR 2020.001) for all elements of interest. OMA 2021.03 was developed to help cannabis labs determine total heavy metal content in their cannabis samples with simple and high throughput sample digestion and analysis instrumentation.

“The cannabis industry is still in its infancy and looks to experts in the fields of sample preparation and analysis to accurately determine contaminants in their products. CEM is proud to have combined efforts with our colleagues at Agilent to further the development of official methodology that will guide legislation and help cannabis labs."

About CEM

CEM Corporation, a private company based in Matthews, North Carolina, is a leading provider of laboratory instrumentation. The Company has subsidiaries in the United Kingdom, Ireland, Singapore, Germany, Italy, France, and Japan, as well as a global network of distributors. CEM designs and manufactures systems for life sciences, analytical laboratories and processing plants worldwide. The Company’s products are used in many industries including pharmaceutical, biotech, chemical and food processing, as well as academic research.

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Clinical trial shows Charlotte's Web hemp extract's positive effects on stress, sleep and well Being

Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the market leader in cannabidiol (CBD) hemp extract wellness products, shares the positive results from a randomized, controlled, clinical trial study which evaluated the effectiveness of hemp-derived CBD extracts. Charlotte's Web participated in the Radicle ACES (Advancing CBD Education and Science) study, conducted by Radicle Science, an independent health tech company validating health and wellness products. As part of a larger study, hundreds of participants from across the US used Charlotte's Web Original Formula for four weeks and were assessed for key health outcomes across five domains including general well-being, quality of life, sleep quality, feelings of daily stress or discomfort. Researchers conducted the study using standardized scientific methods and validated indices for measuring each outcome and tracked their progress repeatedly throughout the study.

"As a hemp company driven by sound science, we were encouraged by the Radicle Science study," Charlotte's Web President of CW Labs' Tim Orr said.

"Independent third-party research and reporting on the efficacy of hemp wellness products help build long term consumer trust and is an ongoing commitment of Charlotte's Web."

"We're applying modern science to prove or predict the effectiveness of CBD products used by tens of millions of Americans every day," said Jeff Chen, MD/MBA, Co-founder and CEO of Radicle Science.

"Our objective is to deliver accurate, transparent, and actionable insights to help create trust and transparency for the CBD industry."

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Aptia Engineering releases innovative diamond miner technology for botanical processors

Aptia is proud to announce the release of their latest process equipment innovation for the hemp and cannabis industries – the Diamond Miner Cart (DMC).

Diamond Miners are small stainless pressure vessels that are widely used in small batch artisanal extract production. The extracts crafted in these reactors are much more valuable than bulk distillate because their delicate terpene profiles appeal to connoisseurs.

The DMC-4 Diamond Miner Cart System with Mixing & Condensing Caps, designed and manufactured by Aptia Engineering.

Thus far, most equipment providers have supplied craft producers with simplified vessels that are nothing more than quick assemblies of triclamp parts. These assemblies provide limited functionality, and can be very hazardous because many are not engineered to contain pressure.

Additionally, diamond miner vessels are not a complete system by themselves. Operators need to efficiently heat, cool, and mix materials in these vessels. Craft extract producers often need to operate 4-12 miners. Each miner requires up to five separate fluid connections, so this leads to messy tangles of hoses and spilled fluids if not continuously managed. A better overall solution was needed.

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Focusing on vertical integration in the cannabis industry

If we had to pick the most complex investment themes we cover, synthetic biology and gene editing would be at the top. So would cannabis. Legalizing marijuana for adult use in various states while keeping things illegal at the federal level has created a very complex environment to navigate. As with any thesis, our goal is to find the market leader and place our bets. To do so, we isolated the top six multi-state operators (MSOs) and then started evaluating each.

Our simple screening method looks at metrics such as intangible assets on balance sheets (a lower number is better), ratio of cash to liabilities (more cash is better), and of course the absence of any red flags. So far, Trulieve appears to be the most desirable MSO based on these criteria.

Throughout this exercise, we’ve learned just how complex the cannabis industry is which has raised lots of question. For example, one subscriber asked how we might go about valuing licenses that MSOs can’t stop buying up. That’s nearly impossible to do because there are so many factors involved. Even if you could value licenses, that doesn’t mean much. Owning a license doesn’t mean you’ll then be able to operate a profitable dispensary. There are also limits on the number of dispensary licenses you can own in some states. That was news to us.

Types of Licenses

Historically, we’ve considered licenses to be of three types:

DispensariesDistributorsGrowers and processors

Turns out that the types of licenses on offer – including vertical licenses – differ by state. For example, Massachusetts offers nine types of cannabis business licenses: marijuana cultivator, craft marijuana cooperative, marijuana product manufacturer, marijuana retailer, marijuana research facility, independent testing laboratory, marijuana transport, marijuana microbusinesses, and marijuana delivery. Each license comes with requirements for applying, maintenance costs, and limits.

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