How potent is your Marijuana? Leaked report suggests new rules
Leaked Report Shows Heightened Scrutiny of Marijuana’s Rising Potency Welcome to my weekly newsletter on the cannabis and psychedelics industries. I have a special invitation to readers this week as we approach the year’s end and pass six months since I wrote about cashless ATMs: Dispensary owners
Cannabis Company creates gummy aimed at helping people diet, workout
WAREHAM - When it comes to marijuana, people tend to think of "the munchies" and not exercise. However, married couple and cannabis entrepreneurs Angela Brown and Brian Cusick said they are creating a gummy to give users an energy burst. The pair co-founded the company "Coast Cannabis" and operate
B.C. sets a record with nearly $59.5 million in Cannabis Sales
Canadian cannabis sales continued to climb in September, with B.C. posting record-high numbers. The province netted nearly $59.5 million in sales from licensed cannabis stores, a near 21 per cent increase year-over-year, according to the latest figures from Statistics Canada. The strong sales
Should doctors be able to recommend Marijuana remotely? Board vote exposes rift with lawmakers
Medical board doesn't want new patients to access drug through telemedicine. One of the drivers of the explosive growth in Louisiana’s medical marijuana industry has been online platforms where patients can get a prescription for the drug remotely through a telemedicine visit with a doctor. But
Medical Cannabis research bill set to become law
Last week, the Senate unanimously passed H.R. 8454, or the Medical Marijuana and Cannabidiol Research Expansion Act (the “Act”), sending the bill to President Biden’s desk for signature. The bill passed the House this summer by a vote of 325 – 95, and marks the first time a standalone cannabis bill
Cannabis Confidential: It's high time for 'Weed Game Show'
Producers of "The Price is Right" better take note, as there’s a game show in town that is growing in popularity and looking to capture one of that show’s prime demographics: Stoners. Billed as “the only game show where the contestants are higher than the points,” "The Weed Game Show" rolls into
Amherst dispensary becomes first statewide to sell marijuana 'clone' plants
An Amherst medical marijuana dispensary has become the first in the state to offer cannabis clones for patients to buy and grow at home. Last month, the Office of Cannabis Management decided to allow medical marijuana dispensaries to sell small, immature marijuana plants, or clones, to patients, for
Cannabis could be more harmful to the lungs than tobacco, study suggests
A recent study conducted by researchers from the University of Ottawa and the Ottawa Hospital suggests that smoking cannabis could be more harmful to the lungs and the respiratory tract than tobacco. In the small-scale study, researchers evaluated chest X-ray scans of 56 cannabis smokers, 33 tobacco
P. Diddy just purchased one of the largest U.S. Cannabis Companies
In what is being hailed as an exponential deal to bolster the cannabis industry further, Sean Jean Combs, also known by the moniker, P. Diddy, is now on the verge of becoming a proud owner of multiple legal marijuana licenses to operate in three states. The deal reportedly cost the celebrated hip
Holiday Cannabis shopping trends and deals according to WeedMaps data
End-of-the-year holidays, such as Thanksgiving, Black Friday and Green Wednesday are recognized as some of the biggest days for cannabis deals and sales. Weedmaps (NASDAQ: MAPS), a leading online cannabis marketplace for consumers with a comprehensive set of eCommerce and compliance software
It’s time for a shift in the Cannabis industry (and it’s happening now)
Cannabis has seen a boom, but due to its controversial nature, its not always a topic of conversation. Things are about to change. Big changes are happening right now in the United States cannabis industry and these changes are helping to eliminate the stigma around its use and make it more
Cannabis-themed metaverse creates ecosystem for Cannabis enthusiasts
According to BDSA, a worldwide leader in cannabis data analytics, the United States cannabis industry’s total economic impact is expected to grow from $8 billion in 2021 to $158 billion by 2026. CannaVerse aims to be at the forefront of this movement by offering an all-encompassing hub for people
Have a little music with your Marijuana
Humboldt Family Farms launches a line of the world’s best Cannabis, hand-curated and grown in sunshine by a collaboration of legacy craft farmers from the legendary Humboldt County, Calif. Available for direct-to-home delivery through online ordering, Humboldt Family Farms offers premium flower
P. Diddy is buying Cannabis business for $185m and might consider investing in BudBlockz
P. Diddy has recently turned into the most recent hip-hop billionaire. Now, the famous rapper wants to create turmoil in the cannabis world, announcing his plans to invest $185m in cannabis businesses. Here’s why the cannabis industry is in the spotlight and why he might consider investing in
North Brunswick approves its first Marijuana Dispensary
NORTH BRUNSWICK – The township's first medical marijuana dispensary will be opening on Route 1. Garden State Botanicals' proposal to convert a 2,400-square-foot space at a shopping center at 1345-1471 Route 1 southbound was approved by the township's Zoning Board of Adjustment last month. The
First cannabis clinical trial takes off in South Africa
The Cannabis Research Institute of South Africa (CRI) has sponsored a year-long study that examines the effectiveness of medical cannabis as an alternative to opioids for chronic pain management. In addition to demonstrating therapeutic efficacy and pain relief, the objective is to provide credible
Carbon-busting Hemp could help transform Scottish agriculture to zero emissions
Hemp is one of the oldest traded plants in the world, and cultivation in Scotland started as far back as the 11th century. Historically, cannabis — the name of the plant from which hemp is derived — was used to produce rope, cloth, lighting oil and medicine from around the year 1000 until the late
Here’s why the cannabis industry is in the spotlight and why he might consider investing in BudBlockz.
P Diddy’s planned deal for $185 million will turn into the largest cannabis business in the world, massively increasing Black participation in this industry. While 39 out of 50 states legalized weed for medicinal purposes and 19 for recreational use as well, the industry is still stained by social stigma.
The famous rapper’s initiative will further create opportunities in this field, especially as cannabis products represent the fastest-growing industry in the US. The acquired business is a multistate cannabis operator and owns the entire process, ranging from growing weed to manufacture and distribution.
Thanks to the large move into the cannabis world worth $185 million, BudBlockz may be next on the list. While large, established, brick-and-mortar companies are highly profitable in this industry, BudBlockz has the first-mover advantage. It combines the cannabis industry with the investment world and the booming crypto space, resulting in a win-win-win combo for consumers, businesses, and investors.
BudBlockz is a new project in this space, but it has created a massive buzz in the media thanks to its many use cases and benefits for the platform’s users. Perhaps one of the main disruptions is that BudBlockz will finally create a secure, transparent marketplace for marijuana transactions from all around the world.
In addition to demonstrating therapeutic efficacy and pain relief, the objective is to provide credible, reliable, and verifiable data to the relevant authorities to regulate the availability of medicinal cannabis.
A global crisis continues to arise as a result of opioid misuse, which is responsible for thousands of deaths every year.
Overdose deaths from drugs in the United States numbered 91,799 in 2020, with opioids accounting for 68,630 (74.8%). According to estimates by the World Health Organization focused on opioid overdose, approximately 115,000 people died of opioid overdose in 2017.
Medications such as morphine, fentanyl, and tramadol are commonly used as opioid pain relievers.
The WHO further states that it is possible to become dependent on opioids if non-medical use, prolonged use, misuse, and use without medical supervision are involved. Overdoses caused by opioids can be fatal due to their pharmacological effects.
Although the Office of Cannabis Management has not yet delegated any cybersecurity requirements for New York cannabis companies, your cybersecurity plan should not be a second thought or just thrown together because it is required. Cyberattacks are extremely costly, both directly and regarding reputation management.
While a variety of solutions may fit your specific needs, there are some common sense steps you can take to begin developing your plan and hardening your business systems against hacks, breaches and attacks.
The first step in shoring up your cybersecurity is identifying your weaknesses and being knowledgeable of the sensitive data you may be storing. Assess what kind of data your business is harboring and where that data is held, then identify how it can be vulnerable to hackers, data leaks and breaches. These risks are where you want to start when developing your cybersecurity plan. It is key to quickly address your most obvious weak points. If you can identify them, there is no doubt that hackers can as well.
Generally, it is best to ensure all your online systems and databases are hardened from breaches via hackers, spyware and bots. This could mean adding extra firewalls, additional levels of access authentication, access management measures and mobile device security management. Privacy is very important in cannabis because of the nature of the data you could be storing, especially in a medical setting which can include sensitive patient information. Like in any business, you want your customers to feel confident that the information you’re collecting from them is safe and not going to end up in a leak.
If a breach happens, you’ll want to know as soon as possible. Be sure to set up parameters for detecting a hack or leak and identifying the compromised database or information. While the hack may have already occurred, you’ll want to be able to move quickly to absolve the situation and prevent further information from being accessed or exposed.
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