WeedLife News Network

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

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 BudBlockz.

P Diddy Wants to Create the Largest Cannabis Business

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.

BudBlockz – A Unique Player in the Global Marijuana Industry

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.

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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, 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.

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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 1800s.

These days, hemp is big business in places like North America and France, but the United Kingdom has been much slower to embrace this market, with little production going on or infrastructure to support it.

However, our new study makes clear the myriad benefits and opportunities this plant provides, including, crucially, the reduction of carbon emissions and its usefulness in helping to mitigate the effects of climate change.

Hemp was widely used in the U.K. until the 20th century when cheap and abundant jute and cotton made it uncompetitive.

 

The decline in its industrial use was gradually replaced by its misuse as a psychoactive drug. This resulted in European and North American countries banning its cultivation. By 1928, cultivation was banned in the U.K. too.

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How to ensure your Cannabis Business is safe from cyber attacks

 

With various cybersecurity threats looming over all businesses, it only makes sense for cannabis brands to set up security measures to mitigate these risks.

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.

Assess your risks for cyber breach

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.

Harden your systems and information databases

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.

Establish intrusion detection systems

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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The exciting world of new Cannabis derivatives

Though all of these substances are derived from the cannabis plant, not all of them are completely natural; many are synthetically produced and, as of yet, broadly unexamined.

Since hemp became legal on the federal level, entrepreneurs the world over have been looking to cash in, and a large segment of the consuming public has been all too interested to find out what they will come up with.

As exciting as new cannabis extracts may be, they also generate lots of questions. How safe are these new chemicals? Where can they be found and who are they for? The answers to these questions can be quite complicated.

In this article, we take a look at a few of the new products out there. What they are, how they work, and how to use them. Read on to learn more!

Delta-8

Delta-8 is a synthetic hemp-derivative that has only recently come before the public eye. Like other hemp-derivatives, it has been used to reduce stress and regulate sleep patterns. Some also associate it with increased levels of focus.

Delta-8 dosage can vary significantly depending on the purpose of its application. However, standard use dosages often come in at around 20-32 mg.

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Is it safe to use Cannabis before or after surgery?

Your body may react to anesthesia differently depending on how you ingest cannabis, how often you partake, and your dosage.

If you’re planning to use marijuana before surgery, it’s crucial to do so safely. Start by talking to your doctor about whether it’s a good idea for you to use marijuana before surgery.

Cannabis can interact with other medications, so it’s important to know what you’re taking and how those interactions might affect you. It’s also best to avoid vaping or smoking marijuana before surgery, as smoking or vaping can irritate your lungs and make it harder to heal.

Weed and Anesthesia

When it comes to weed and anesthesia, it is necessary to follow the advice of your doctor and anesthesiologist. While some people think that using marijuana before anesthesia will make them more relaxed during surgery, it can lead to complications. Your body may react to anesthesia differently depending on how you ingest cannabis, how often you partake, and your dosage.

Marijuana and anesthesia affect the central nervous system similarly, which means people who regularly consume marijuana may require more anesthesia. Therefore, your doctor needs to know how much and how often you use marijuana to determine what to give you.

Anesthesiologists agree you should avoid eating cannabis edibles and smoking marijuana for at least six hours before anesthesia. In some cases, eating before surgery can cause aspiration pneumonia, a severe complication that can result in death. If someone is put under anesthesia within an hour or two of using marijuana, he or she is at an increased risk of complications. This risk is most profound in patients with cardiovascular disease, increasing their chances of experiencing strokes.

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Cannabis holds promise for pain management, reducing the need for opioid painkillers

A neuropharmacology expert explains how. Many cannabis users say they take it to treat pain, suggesting that readily available cannabinoids could potentially be used to offset the use of opioids commonly used in pain treatment.

Drug overdose deaths from opioids continue to rise in the U.S. as a result of both the misuse of prescription opioids and the illicit drug market.

But an interesting trend has developed: Opioid emergency room visits drop by nearly eight per cent and opioid prescriptions are modestly lower in states where cannabis is legalized.

Marijuana is produced by the cannabis plant, which is native to Asia, but is now grown throughout the world. Individuals use cannabis for both its psychoactive, euphoria-inducing properties and its ability to relieve pain.

Chemicals produced by the cannabis plant are commonly known as cannabinoids. The two primary cannabinoids that occur naturally in the cannabis plant are THC — the psychoactive compound in marijuana —and CBD, which does not cause the sensation of being high.

Many cannabis users say they take it to treat pain, suggesting that readily available cannabinoids could potentially be used to offset the use of opioids such as morphine and oxycodone that are commonly used in pain treatment. A safer, natural alternative to opioid painkillers would be an important step toward addressing the ongoing opioid epidemic.

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Uber Eats’ Cannabis delivery partnership with Leafly

Before 2018, cannabis was illegal in Canada. Now, as of mid-October, Uber Eats can deliver it in Toronto as the result of a partnership with Leafly, an online marketplace for licensed cannabis retailers. This is the first time Uber will deliver cannabis anywhere in the world.

This deal is being touted by Uber and Leafly as a great leap forward for the industry. The companies claim the arrangement will provide several benefits, including more business for the retailers, increased choice and flexibility for consumers while reducing the illicit market, and less impaired driving. However, these arguments hold little water.

How it will work

Consumers are able to use the Uber Eats platform to order cannabis products from any of three Toronto-based retailers — Hidden Leaf Cannabis, Minerva Cannabis and Shivaa’s Rose — provided they are within the retailer’s delivery footprint.

The ordering experience is similar to ordering food delivery on the app: Customers navigate to the “recreational cannabis” category, then to their chosen retailer’s menu where they select their desired products, then state whether they will pick up the order or prefer delivery. Uber then transmits the order to the applicable store. Once filled, the order is delivered to the customer by the retailer’s own delivery staff, as prescribed by law.

Ontario’s provincial cannabis regulations were only recently modified to permit delivery, although they do not allow third-party delivery. The retailer’s drivers must be employees of the retailer and be CannSell certified, as well as are required to verify identity and age at the time of delivery.

Little to gain for consumers and retailers

From the consumer’s perspective, the deal will merely provide another online location to order cannabis for delivery, on top of the Ontario Cannabis Store (OCS) and other private retailers.

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What is Big Smooth Strain?

Put simply, the Big Smooth is a hybrid cannabis strain. This indica-dominant herb is well-liked for its enticing flavors and to-the-moon potency. It features 23% THC and 1% CBD.

Big Smooth Genetics

Big Smooth features a 70/30 blend of Indica-dominant hybrids – OG Blueberry and Cookies & Cream. It has precisely adapted the characteristics of its parental strains. It boasts the sweetness of Cookies & Cream and the energy burst of OG Blueberry. The strain is born and bred in Washington State.

Exotic Genetix propagated Big Smooth in an attempt to make a strain that touches all degrees of delectability and flavors. This delicious bud delivers a euphoric, cheeky, and blissful high.

Big Smooth Effects

Advocates claim that this Big Smooth can give you uncontrollable fits of giggles. The strain, however, doesn’t take hold immediately. The high hits you after a while, and you gradually start flying toward cloud nine. Big Smooth typically sedates you. Thus, you may feel sleepy. Given this, you should ideally consume it in the evening.

How Do You Identify Big Smooth?

Big Smooth features dedicated characteristics that distinguish it from other strains. They include the following.

Flavor

Big Smooth sports an incredibly sweet and fruity flavor, making it ideal for vaping. Upon lighting up the stuff, you can expect a blast of blueberry notes accompanied by subtle pancake flavors. The strain’s creamy, dessert-like taste beautifully justifies its namesake. When exhaling, you may cherish the blended flavors of nuts and vanilla.

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Growing pains for the Marijuana industry

After years of slow and steady growth, the legal marijuana industry is grappling with a downturn amid surging levels of inflation and the potential for a recession.

A number of plant-handling businesses, dispensaries and the tech companies serving them are retrenching as a result of a more challenging and increasingly competitive operating environment where consumers' discretionary income is shrinking — inflation has risen by 8% in the past 12 months, while groceries are up by roughly 13%.

Spending on legal marijuana has curtailed along with that.

According to New Frontier Data, customer spend per dispensary transaction dropped by 7% on average across all U.S. markets between the first two quarters of this year.

"It's crazy out there," said Kevin Murphy, a co-owner and board member for expanding Northeast Ohio-based multistate operator (MSO) Standard Wellness Co. "I've seen a couple different cycles over the last decade-plus, and we are definitely in one of those down cycles."

Ohio's relatively young marijuana industry, which has been serving medical customers since just 2019, is feeling the growing pains, echoed Standard Wellness CEO Jared Maloof. He said that he feels the state is being "impacted pretty significantly."

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Revolutionary progress made in the inaugural year of the Panacea Cannabinoid Research Center at Colorado State University

GOLDEN - Panacea Life Sciences Holdings, Inc. (OTCQB:PLSH) (“Panacea” or the “Company”), a Colorado, USA-based cannabinoid research and certified GMP manufacturing company, celebrates its first year of collaboration with Colorado State University’s Cannabinoid Research Center (CRC).

With a mission of performing research to solve important industry issues and to better understand how cannabinoids work in the body, the center has made remarkable progress in its inaugural year.

The CRC, established through a $1.5 million gift from CSU alumna and Panacea Life Sciences CEO, Leslie Buttorff, consists of analytical chemistry and preparative chemistry technologies crucial for the detection and purification of cannabinoids. Using these technologies, the CRC is able to remove common contaminants from hemp products, purify low concentration cannabinoids, and support clinical studies. The Center’s activities are coordinated by Boettcher Investigator Professor Melissa Reynolds with operations led by Jamie Cuchiaro, a Ph.D. candidate who will matriculate next month. Over the last 12 months, the laboratory has been extremely productive through initial analytical research and supporting numerous clinical studies in both dogs and humans.

Highlights

Solving Industry IssuesProblem: The hemp plant is a hyperaccumulator, meaning trace elements in the soil in which the plant is grown, such as heavy metals, pesticides, and others, are readily absorbed in the plant, potentially contaminating hemp oil and rendering the material unusable.Solution: Using analytical techniques, graduate student, Jamie Cuchiaro has developed a method for complete removal of commonly used pesticides to remediate contaminated hemp oil to produce a safe and usable hemp product. This work has been submitted for publication to the Journal of Cannabis Research in August of this year.Sustainability and Access to Minor CannabinoidsProblem: In addition to CBD and THC, each of the other 118 cannabinoids are anticipated to have unique and beneficial health benefits. However, because they are present at less than 1% in hemp extracts, there are issues in both obtaining sufficient quantities and determining the purity of each of the minor cannabinoids.Solution: The byproduct created during the distillation process of crude hemp oil is typically thrown away to enter the waste stream. In closer examination of the byproduct, the CRC determined that there are substantial minor cannabinoids present, such as cannabidivarin (CBDV), Cannabichromene (CBC), Cannabicyclol (CBL), and Cannabielsoin (CBE). Using the advanced technology in the CRC, the team can now access these low abundance cannabinoids while also assisting Panacea (as a member of Colorado’s Environmental Leadership Program) in attaining its sustainability goals by decreasing waste streams.Supporting Clinical TrialsTo gain further insight on cannabinoid activity, Panacea and the CRC are collaborating to launch specific clinical trials in several areas. The first two studies have launched this year (2022):In collaboration with Dr. Stephanie McGrath and Dr. Julie Moreno, to examine CBD effects in a translational model of Alzheimer’s disease. In this study, performed in aged dogs that have cognitive impairment very similar to human AD, not only will CBD be evaluated for ability to slow disease progression, but will be one of the first studies to correlate how much consumed CBD enters the brain.In collaboration with Dr. Larry Good, a practicing gastroenterologist in New York, Panacea and the CRC have launched an open label study evaluating CBD and CBG for effects on irritable bowel syndrome, a condition affecting over 30 million American with no proven treatment.

Looking Ahead

The CRC is actively working on expanding collaborations to progress research on various cannabinoids with a focus on improving health and addressing unmet medical needs. Collaborations to evaluate cannabinoids’ effects on various conditions, including exercise performance and recovery, gout, and even Post Traumatic Stress Disorder (PTSD), are underway. Panacea and the CRC also plan to work on improving methods for detecting cannabinoids as well as launching clinical studies for gout, eczema, rosacea, and acne, among others.

The progress made in the past year by the CRC has been tremendous, and the future is extremely bright. With continued teamwork and direct studies, the CRC is poised to make even more revolutionary contributions to understanding how cannabinoids influence health and refining which conditions and doses are required for positive effects. Progress of the CRC will be posted as publications are submitted or clinical studies are completed on both the Colorado State University Panacea Life Sciences Cannabinoid Research Center page and at panacealife.com.

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How the Cannabis industry can start shrinking its carbon footprint

Companies are using indoor farms to reduce the number of variables, which helps create a stronger yield of potent bud, but at a financial and environmental cost.

Cannabis grew on its own, without the help of mankind or fossil fuels, for thousands of years.

Just as the plant is naturally eco-friendly, cannabis consumers are often environmentally savvy citizens. Glimpses of this can be seen in the oft-recycled or zero-waste packaging that some weed brands are now using.

Why then, is the carbon footprint of cannabis currently so high, and continues to grow as the industry expands? The answer to this question may lie in the way marijuana is grown these days.

 

The Fresh Toast asked Heather Dunbar, director of marketing and communications for Sun+Earth Certified, some questions about the current state of weed’s carbon footprint and what needs to change to make it smaller. Sun+Earth Certified growers, according to the company’s website, are all holistically, responsibly and restoratively grown. In other words, the goal is to give back to the environment, rather than diminish it.

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Seaweed: A potent superfood fertilizer for Marijuana plants

Seasoned cannabis growers know that seaweed is perhaps the best way to increase crop growth and boost the health of marijuana plants.

Seaweed is one of the healthiest and tastiest ingredients used in cuisines around the world. It’s a potent source of many nutrients, including iodine, B vitamins, vitamin K, iron, zinc, and even antioxidants; all of these offer tremendous health benefits for us. But did you know that seaweed is a potent superfood for your marijuana plants too?

In fact, seaweed has been used for agricultural purposes for centuries now. Since ancient times, people have been using seaweed to fertilize the soil and even make infertile soil, fertile. Research into the use of seaweed (as well as kelp) has boomed in modern times, proving the efficacy and usefulness of this humble weed to strengthen the growth of many crops, including marijuana.

What Is Kelp and Seaweed?

Seaweed, also known as macroalgae or algae, is an umbrella term that refers to thousands of species of plants that grow in water. They can be found in different bodies of water including the ocean, lakes, and even rivers. Some species are microscopic and thus can’t be seen with the human eye, but they still serve an important purpose in marine ecosystems by supporting the food chain.

Kelp is a popular type of seaweed. It’s a large kind of seaweed that commonly grows in sea forests. Many seaweed fertilizers are made from kelp or a combination of other seaweeds.

Seaweeds do not contain internal vessels that transport nutrients around them. Because of this, they are able to absorb everything from the water directly, which is why they need to stay in water in order to survive.

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Hemp Homes: cooler, safer building could be in Arizona’s future

TUCSON - A house that basically heats and cools itself, doesn’t catch fire, and helps reverse climate change may sound too good to be true.

That’s what Tucson general contractor Micaela Machado hears from people when she describes homes made with hemp lime.

”You can grow a two thousand square foot home on four acres, in one season, which is four months,” Machado said. “You can heat and cool it so easily, especially in a place like here in the desert, it’s just a whole lot less energy to heat and cool your house.”

Machado mixes hemp stalks with lime and water and shapes it into bricks. No, this is not the kind of hemp that creates a high. There are thousands of varieties of cannabis, and industrial hemp must have less than three-tenths of a percent of THC, the psychotropic chemical in marijuana.

Hemp cultivation became legal at the federal level with the 2018 Farm Bill.

“There’s a total stigma to it still, because it’s cannabis, but people don’t understand, it’s not a smokable cannabis,” said Machado.

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Why is weed so good at nausea relief? And does CBD help, too?

Many people turn to marijuana for nausea relief. Why does weed help with nausea? And what about CBD? Does CBD help with nausea, too?

Before we discuss using cannabis for nausea, let’s define what we are talking about. First, what is nausea? Nausea and emesis (vomiting) are protective and defensive responses used by animals to avoid ingesting or digesting a potentially harmful substance.

Nausea is an aversive experience that comes before vomiting, but is distinct from throwing up. Vomiting leads to the “forceful expulsion of gastric and/or upper intestinal contents,” whereas nausea serves as a stimulus associated with vomiting that helps an animal learn and remember that a food should be avoided. Interestingly, nausea is a sensitive reflex that can be easily activated by a wide range of conditions such as migraines, diabetes, or motion sickness.

Now that we understand nausea, we can get to the real question: does weed help with nausea? Weed, or cannabis, is a highly effective treatment for nausea. In fact, cannabis is one of humanity’s oldest remedies for nausea. In clinical trials, cannabis-based medicines have been shown to be more effective than some modern anti-nausea treatments.

Does weed cause nausea?

In recent years, there have been numerous reports of severe nausea and vomiting associated with chronic cannabis consumption, and particularly the consumption of potent cannabis concentrates. This ailment is Cannabinoid Hyperemesis Syndrome or CHS.

However, in general, cannabis does not cause nausea. That said, edibles, tinctures, or any cannabis product that is orally ingested could potentially cause some stomach upset if you are sensitive to any of the ingredients.

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Technology & Innovation Roundup: Marijuana announcement could be win for Cannabis businesses

In a surprise move, this month President Joe Biden pardoned people convicted of marijuana possession at the federal level – and encouraged state governors to follow suit.

In the same statement, he asked the U.S. attorney general and secretary of health and human services to review marijuana’s classification as a Schedule 1 drug under the U.S. Controlled Substances Act – a change that could have huge ramifications for Florida’s booming cannabis industry.

Federal law currently classifies marijuana as a dangerous substance on the same level as heroin, with no medical benefit. For context, that’s a higher classification than drugs such as fentanyl and methamphetamine (both Schedule 2), which are responsible for thousands of U.S. overdose deaths each year.

Rescheduling marijuana as a Schedule 3 substance or descheduling it altogether could pave the way for cannabis growers and dispensaries to function as legitimate businesses. One of the biggest wins would be the ability to qualify for standard business tax deductions, said Nima Tahmassebi, partner at Perlman, Bajandas, Yevoli & Albright in Coral Gables.

Section 280E of the federal tax code eliminates trade or business deductions for businesses that traffic Schedule 1 or Schedule 2 drugs, including cannabis sellers. That applies even if ventures operate in states where cannabis is legal. 

“That can cause the effective tax rates on cannabis businesses to be extremely high – 40% to 80%, rather than 21%,” Tahmassebi said.

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How Ethereum based BudBlockz (BLUNT) Unites the Crypto and Marijuana Industries

If you love crypto or work in the marijuana industry, you need to know about BudBlockz. Here’s how it is changing the landscape in both arenas.

If the last few years have taught us anything, it’s that the line between the physical and virtual worlds is now more blurred than ever. The continued growth of cryptocurrency and its ability to impact real-world landscapes has been particularly noteworthy, and BudBlockz is the latest digital asset to showcase the integration of crypto with other sectors.

In this case, BudBlockz has quickly united the crypto arena with the legal marijuana industry. Given the success that both sectors are currently enjoying, it’s no wonder that interest in the BLUNT token has soared.

A growing community set to change the community

BudBlockz and the BLUNT coin isn’t the first time that a marijuana-related asset has entered the blockchain. However, it is far more than a meme coin. Budblockz is the world’s first decentralized platform specifically geared to support the legal marijuana industry and its community has the potential to change the landscape of this growing sector through an advanced ecosystem that utilizes asset-backed NFTs and fractional ownership to great effect.

The marijuana industry is growing with a CAGR of over 32%, but businesses and consumers continue to face several issues. The private yet secure transactions provided by BudBlockz support dispensaries, farms, and consumers by creating an open 24/7 marketplace in legal jurisdictions. As businesses continue to face banking issues despite the changing legislation, the decentralized blockchain tech that provides instant transactions also highlights how digital currencies and utility tokens can pave the way for a new era.

BudBlockz has further demonstrated the ability to unite different sectors by introducing digital NFTs. At its heart, though, the commitment to supporting the marijuana sector is underpinned by the fact that it sets out to launch its own dispensaries. Meanwhile, members of the BudBlockz decentralized autonomous organization will additionally have a say in future decision-making processes.

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The Cannabis question: What would legalizing recreational pot mean for North Dakota?

North Dakota would join 19 states, including Montana, in having legalized recreational pot if voters approve the measure.

Similar ballot questions will appear on ballots this year in four other states, including South Dakota.

BISMARCK — One of the final choices North Dakotans have to make on their November ballots will determine whether the state legalizes recreational marijuana. It’s a far-reaching decision with social and economic implications, though supporters and opponents of pot legalization disagree on how Measure 2 would affect the criminal justice system and public safety in North Dakota.

The measure would legalize the possession and purchase of small amounts of marijuana for adults 21 and older. The 19-page statutory measure would also allow adult residents to grow limited amounts of cannabis at home.

If passed, Measure 2 would direct regulators to establish rules and create the legal pot program by October 2023. The measure would allow officials to license up to seven large-scale marijuana growing facilities and 18 retail pot stores, known as dispensaries.

The language of the proposed measure closely mirrors a 2021 bill that passed the North Dakota House of Representatives but failed in the state Senate.

Voters in the state approved the legalization of medical marijuana in 2016 but rejected a recreational legalization measure in 2018.

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Cannabis Companies may soon face product liability risks

Cannabis and Hemp Companies Disregard Emerging Product Liability Risks at Their Peril

Novel cannabis products and our understanding of how they interact with our bodies are evolving in tandem, which is unique compared with any other consumer product. Although cannabis research has been outpaced by consumer behavior and public policy, it is now catching up. Relying on new studies, attorneys may soon seek to establish medical causation that links the use of high-THC products to cardiovascular conditions, mental health issues and susceptibilities in certain consumer populations. The hemp industry is not immune, given the recent explosion of unregulated but intoxicating hemp-derived products that contain levels of THC similar to regulated cannabis products. 

In this article we describe how this evolving product risk has the potential to result in enormous future liability for which cannabis and hemp companies are currently unprepared. Those industries should embrace a mix of legal reform, policy changes and adoption of traditional risk management principles to prevent future product risk issues from damaging market sustainability. 

A New Breed of Cannabis Product Litigation

As a society, we hold product manufacturers liable for placing an unreasonably dangerous product on the market. What is “unreasonably dangerous,” however, is an open question when it comes to cannabis since, until recently, federal illegality largely precluded the availability of reliable studies on questions of safety and efficacy. The number and quality of such studies have increased over the past few years, coinciding with cannabis legalization at the state level, relaxation of rules around cannabis research and removal of hemp from the Controlled Substances Act (CSA). 

Armed with these new studies, potential plaintiffs may start seeking to use the courts as quasi-regulators for the cannabis and hemp industries. Some lawsuits already have alleged, for example, that cannabis companies seek to take advantage of the public’s perception of cannabis products as safe and healthy despite the fact that THC and other cannabinoids have been linked to various adverse side effects. It also has been alleged that although edible cannabis products are linked to more severe adverse effects than smoking marijuana, those products have been marketed by some companies as the safer and healthier alternative. The hemp industry, meanwhile, should brace itself for similar allegations brought against hemp-derived THC products that are becoming increasingly popular and available. 

This new breed of cannabis product liability lawsuit may seek to establish alleged serious adverse health consequences from the ingestion of cannabinoids using an expert-driven legal strategy that has the potential to be used against any company that sells products containing THC, CBD or any of the minor cannabinoids. Those companies should pay close attention. 

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Rise of Cannabis-Friendly vacation rentals

The vacation rental market is getting a 420-friendly renovation as some industry business owners are starting to offer cannabis at select rental locations.

With cannabis growing beyond the traditional confines of dispensaries and cultivation sites, the hospitality space appears to be the next big industry endeavor despite current regulations lagging behind the mainstream interest.

Sites like BudandBreakfast.com and Vibesbnb.com are two options that connect guests with hosts who allow marijuana use on their properties. Some properties provide more than just a space to use cannabis – specific rentals can offer a variety of cannabis experiences and activities like yoga, massages, and sometimes even cannabis education classes. Comparable to navigating VRBO or Airbnb’s site, BudandBreakfast and Vibesbnb allow potential visitors to search by location, price, amenities, and available facilities.

Upon the property’s booking, the rental owner designates specific smoking areas for guests. Rental owners also have the option to provide cannabis for guests or specify if guests need to bring their own. This novel business model is proving to be immensely popular – some rental spaces are currently booked six months in advance.

As of now, BudandBreakfast hosts 2,000 listings – a much smaller market than VRBO and Airbnb’s listing reach. Despite the limited cannabis rental properties now available, analysts expect huge returns for cannabis tourism. Forbes predicts that tourism for cannabis is a $17 billion industry.1 Combined with cannabis sales estimates projected to climb from $25 billion in 2021 to $42 billion in 2026,2 it is clear that the industry has the capital to develop into tourism and hospitality fields.

Beyond the aforementioned rental websites, many individuals are actively seeking to break new ground with cannabis-friendly spaces across the country. In Washington D.C., Nicole Butler manages a bed-and-breakfast where she greets guests with cannabis products.3 To amplify the ‘bed-and-breakfast’ aspect of the rental, she provides guests with a variety of cannabis-infused snacks and food.

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