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Cannabis industry’s benefit to Massachusetts ‘has been immediate’ as tax dollars keep rolling in

Cannabis may not be the answer to all of life’s problems, but the drug is generating so much tax revenue in Massachusetts that it is making a case for itself.

The state has collected a staggering US$122 million in the first two fiscal years of legal recreational cannabis, according to the Boston Business Journal, with the vast majority of those badly needed funds — US$53.8-million — going to the state’s Division of Alcoholism Administration.

“This tax revenue milestone is a big moment for the Massachusetts cannabis business community because it shows not only the great demand for safe, regulated cannabis, but also affirms the meaningful value this industry brings to cities and towns every single day,” said David Torrisi, president of the Commonwealth Dispensary Association, according to High Times.

“We know the hardship that COVID-19 has imposed on local and state budgets, and we are proud to help provide steady revenue streams that can hopefully reduce the need for difficult choices and maintain services. Although this nascent industry is still being built up and representation continues to be a work in progress, we’re extremely encouraged that its benefit to Massachusetts has been immediate and can support the Commonwealth in this time of need.”

Massachusetts adds a 20 per cent tax on all recreational cannabis sales, including an excise tax (10.75 per cent), a sales tax (6.25 per cent) and a local option tax for municipalities (three per cent). The proceeds from the excise tax (which has climbed to US$113 million in two years) are directed to the Marijuana Regulation Fund, but state law allows Massachusetts to divert the funds to behavioural health, public safety and police training. The Cannabis Control Commission received US$20.7 million of the tax pot.


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How To Keep Your Kids From Getting Into Your Marijuana Stash

Any situation where a child ingests even the smallest amount of THC is just not good. Here’s how to keep them safe.

Parents have been getting high since the dawn of time. It used to be one of those situations where old mom and dad might buy a dime bag to have on the weekends after the kids went to bed. Until then, they might stash it in their underwear drawer alongside a small collection of sex toys and dirty magazines, or they might even hide it in the refrigerator inside a can of Folgers coffee.

There’s no way the kids would ever look in any of those places and discover that their parents were going against the wishes of Nancy Reagan by Just Saying YES to drugs. But times have changed since then. 

Now, marijuana is legal for medicinal and recreational use in more than half the nation, and the kids, well, they apparently know no boundaries when it comes to sniffing out the parental stash. That’s right, mom and dad, not even the tried and true underwear drawer is safe anymore. 

It seems that every time we turn around a new report has emerged, showing that more children are being admitted to hospital emergency rooms all across the country to be treated for marijuana-related poisonings. Most of these cases are the result of little Jimmy getting into his mom’s THC-infused candies and biting off way more than his small body and mind can handle. 


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2 Best Cannabis Stocks to Buy in August

If you were wondering: No, the marijuana industry hasn't lost its allure. Although the Horizons Marijuana Life Sciences ETF fell 36% in the past year, some pot stocks have reported impressive sales. With national elections on the horizon and marijuana legalization initiatives on the ballot in few U.S. states, investors are optimistic about the industry's room to grow. Medical cannabis is already legal across Canada, in 33 U.S. states, and the District of Columbia. The market should expand even more as marijuana-related therapies offer patients benefits that conventional therapies have failed to provide.

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Bigger isn't always better for cannabis companies trying to survive pandemic

Cannabis companies are learning that to survive the pandemic, bigger isn’t necessarily better.

Specialized operations and a narrow geographic footprint are buoying marijuana providers such as Trulieve Cannabis Corp. at a time when the broader industry is struggling with falling demand and capital constraints. That’s a shift from a few years ago, when exuberance in the market pushed cannabis companies to expand their reach across the nation in a hasty land grab, which has left many onetime heavyweights overextended.

Companies with a broader reach got “punished” last quarter, said Joe Caltabiano, a cannabis entrepreneur who recently left the company he co-founded, Cresco Labs. With the industry shift, “you’re starting to see a separation of winners and losers.”

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French hemp groups urge government to ‘take a stand’ on extracts

French trade group Syndicat Professionnel du Chanvre (SPC) and three other industry organizations have called on authorities in France to defend their interests amid fears the European Commission is about to designate hemp extracts as narcotics.

The groups warned warned that a position on hemp extracts announced recently by the Commission “would have dramatic repercussions on the hemp sector as a whole.”

Signatories

In addition to SPC, the open letter was signed by representatives of Synadiet, the French national union of food supplements makers; ITEIPMAII, the French research institute for perfume, medicinal and aromatic plants; and Phytolia, which represents stakeholders in France’s health & beauty and well-being sectors.

The EC last month issued the “preliminary conclusion” that non-medical natural hemp extracts should be considered narcotics in the EU, and appear to be preparing a similar recommendation to the 12 EU member states that will vote on cannabis and medical CBD issues at a meeting of the United Nations Commission on Narcotic Drugs (CND) this December. If the EC makes its “preliminary conclusion” final, it would throw the European CBD market into chaos, affecting hemp food, food supplements and cosmetics that are formulated with CBD.

Hit to entire sector

The French groups said classification of hemp extracts as narcotics would not only hit manufacturers and distributors in the wellness and health & beauty sectors, but would have a knock-on effect of jeopardizing investments in the sectors that process hemp straw for sustainable building materials, textiles, paper, plastics and biocomposites.

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7 Marijuana Growing Tips Every Grower Needs to Know

If you grow marijuana for a dispensary or personal use, you should know these tips. This guide lists 7 marijuana growing tips every grower needs to know.

In case you didn’t know, CBD is now legal in 33 states, and medical marijuana in the remaining 17. That means that you can grow your own marijuana and make a living out of it. However, making a killing off the trade isn’t as easy as throwing marijuana seeds on the ground and harvesting liters of CBD oil.

Any serious marijuana grower knows that growing marijuana is incredibly difficult. Growing quality marijuana takes lots of diligence, commitment, and resources.  With the right marijuana growing tips; however, growing your own marijuana will be a piece of cake.

Even the most seasoned marijuana growers sometimes have a hard time getting a good yield. However, here is a couple of invaluable marijuana growing tips for both newbies and experienced growers.

Great Genetics Are Everything

You don’t have to be a master marijuana grower to know that your marijuana is only as good as its genetics. The first step to growing some good marijuana is finding an excellent cannabis strain, and there are plenty to choose from. So the million-dollar question is, where do I find quality marijuana strains?

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Weed vending machines debut in Colorado

You can now buy weed out of a vending machine at certain dispensaries in Colorado, America's oldest market for recreational cannabis.
A startup called Anna -- a play on the word "analytics" -- has begun deploying high-tech, self-checkout cannabis kiosks at select dispensaries in the state.
The machines can hold more than 2,000 products that include cannabis flower, edibles, infused beverages, balms and vape oils. The machines are ideal for the shopper who knows what they want and doesn't want to wait in potentially long lines, the company says.
Anna's arrival comes at a time when Covid-19 health protocols have limited consumers' abilities to shop in person as they had in the past. Cannabis retailers, which in many states were designated as essential businesses, have been able to offer online orders, curbside pickup and delivery, thanks to new pandemic-era rules.
 
Those designations and rule changes have kept sales flowing in the cannabis industry.
 
An Anna self-checkout cannabis kiosk at the Strawberry Fields dispensary in Pueblo, Colorado.
Sales of medical and recreational cannabis in Colorado set records in May and June, according to state revenue data. Through the first half of 2020, Colorado cannabis dispensaries sold $978 million of marijuana flower, edibles and concentrate products, up nearly 20% from last year.
While self-checkouts and interactive vending machines aren't particularly new in other industries, they're considered an innovative development for the heavily regulated cannabis sector.
Anna is debuting at two dispensaries in Colorado with plans to expand within the state and to other legal cannabis locales in the coming months, the company said, adding that CBD-only machines are in development as well.
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Protecting Bees in Hemp Production

The California Department of Pesticide Regulation (CDPR) approved the use of BotaniGard Maxx (pyrethrin + a fungicide, Beauveria bassiana) to control insect pests in hemp. Pyrethrins are broad-spectrum insecticides that are toxic to honey bees and other pollinators. Best Management Practices (BMPs) should be followed to reduce the risk of bee exposure to BotaniGard Maxx when producing hemp.

While most cultivated hemp are non-pollen producing female plants, seed feminization is never 100% true and males (picture at right) will be present in the field. Males shed a lot of pollen, making them attractive to native bees and honeybees.

How to Protect Bees when using BotaniGard Maxx in Hemp:

Rogue male plants before flowers open to avoid attracting bees. Male hemp plants are distinct and can be identified by walking the field. Females (left) have stigmas (that looks hairy and are sticky) at nodes between leaves while males (right) have stamens that look like round balls and are filled with pollen. Plants can be left to dry in the field if pulled before stamens are open but should be removed from the field if pollen is present.Use IPM (Integrated Pest Management) practices to manage pests. Scout fields for insect pests and damage and spray only when needed.Don’t spray when males are producing pollen and bees are active.If it is necessary to spray when males are present and producing pollen, or if you don’t know if males are present, reduce risk by only spraying when bees are not active (dawn, dusk, night.) This will reduce bee exposure but will not eliminate it. Pyrethrins can stay on the pollen and be transported back to the hive where they are harmful to bee larvae.Contact local beekeepers within a mile of the hemp field, 48 hours before application.Turn off spray booms at row edges to avoid drift or direct sprays to hives. If possible, apply BotaniGard by ground to minimize potential drift.Report suspected pesticide-related honey bee incidents to the county agricultural commissioner’s office as soon as possible.Always read and follow the pesticide label.

Removing male plants can help reduce the chance of attracting bees into hemp where pyrehtoirds are being used.

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NIST And FDA May Be the Cannabis Quality Assurance Heroes We Need

Finally, the feds are looking more seriously into product safety and quality for cannabis and CBD products, but it’s not the FTC taking the reins.

Over the years, we’ve pointed out when federal agencies opt to ignore the federal illegality of cannabis. It happens more often than you might think depending on the topic (see, for example, the NLRB). One agency, however, that has surprisingly never lifted a finger against state-legal cannabis – though it is taking a closer look at CBD – is the Federal Trade Commission (FTC).

It is bad public policy when no federal watchdog is looking out for cannabis consumers (many millions of people) or scrutinizing the quality of cannabis products overall, and/or going after bad actors to deter bad behavior. To date, it’s truly been “buyer beware” outside of states putting together their own protocols on things like recalls, packaging and labeling safety standards, quality assurance reviews, and testing. None of this is approved or sanctioned by the feds, like it oftentimes is for other industries. As such, the states are literally making up cannabis consumer safety as they go along; and products liability suits (and at least one wrongful death suit) have manifested over the years. See here for our various posts on these topics.

Cannabis testing, itself, has also been problematic in a variety of states where no gold standard exists for testing. It’s entirely up to state agencies regarding what, exactly, should be tested and in what amounts, in order to be considered a “passing” product. For example, if you remember, vitamin E acetate was one of the presumable culprits when consumers were experiencing significant health issues from ingesting illegal market cannabis oils through vapes.

At the same time, California’s cannabis regulators didn’t mandate testing for additives/thickeners (like vitamin E acetate) for products manufactured and sold by state-licensed businesses. In addition, there have always been issues with certain standards of lab integrity/general competence: one lab will issue a passing result for a batch of cannabis while a second lab issues a failing result — both using the same testing methods under state laws and regulations.

Weed Workers WIll Outnumber Computer Programs By Year's End

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Biden Marijuana Plan ‘Essentially Meaningless,’ Says Democratic Congressman

Earl Blumenauer cautioned Biden from following too closely in Hillary Clinton’s footsteps, as he believes she would be President if she had supported cannabis legalization.

When presidential candidate Joe Biden announced his criminal justice reform plan, it included cannabis policies that appeared to be lacking compared to those proposed by other prominent Democratic party members. Almost none, however, have criticized Biden’s cannabis agenda until this week when one Democratic congressman described it as “essentially meaningless.”

The comment came from Oregon Rep. Earl Blumenauer, a co-chair of the Congressional Cannabis Caucus. The congressman appeared in a video interview with Canopy Growth executive David Culver, who asked Blumenauer about Biden’s marijuana platform.

“[Legalization] is demanded by the American public. It’s no longer controversial,” Blumenauer said. “For the campaign to talk about decriminalization is essentially meaningless. Your grandmother is for decriminalization.

“Over two-thirds of the American public supports full legalization. A majority of Republicans support full legalization and an overwhelming majority of young people,” he continued. “So I think that’s where we’re going. I’m optimistic that before the election we’ll get a better statement. But ultimately, what’s going to matter is what we do in Congress and we are poised, maybe even this Congress, to fully legalize, but certainly in the next Congress.”

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New York says USDA rules too strict, halts plans for hemp program

The state of New York will not submit a state hemp plan to the U.S.

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A Quick Comparison Of Cannabis Tax Revenue By State

For the past century, America has been in a fierce debate regarding the legal status of marijuana. And while individuals on both sides of the issue are passionate about their positions regarding the morality and safety of cannabis, those against legalization have largely had their way— until very recently.

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Weed vending machines debut in Colorado

You can now buy weed out of a vending machine at certain dispensaries in Colorado, America's oldest market for recreational cannabis.
A startup called Anna -- a play on the word "analytics" -- has begun deploying high-tech, self-checkout cannabis kiosks at select dispensaries in the state.
The machines can hold more than 2,000 products that include cannabis flower, edibles, infused beverages, balms and vape oils. The machines are ideal for the shopper who knows what they want and doesn't want to wait in potentially long lines, the company says.

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CBD Is Legal But Still Not Federally Regulated. Here's Why.

It's been over a year since the 2018 Farm Bill legalized the commerce of hemp and CBD. Yet, CBD is still not regulated as a dietary supplement by the FDA.

This may come as a surprise to many people who’ve already incorporated CBD into their lives. Among the 14 percent of Americans who use CBD, most believe those products are FDA regulated. 

The FDA wants to regulate CBD, too. Over the past five years, the agency has issued reports to Congress on their assessment of the marketplace and CBD's safety. They've also issued dozens of warning letters to companies mislabeling their products. 

Still, the FDA still hasn’t issued formal regulations for the CBD industry. Why?

CBD is the new kid on the block

There are many factors at play here. The biggest reason is that CBD is simply very new. In its current form, CBD is considered a New Dietary Ingredient (NDI), and the review process is slow for NDI notifications. This process may include conducting lab tests and research studies, submitting data to the FDA for evaluation, and potentially many rounds of feedback and revisions. 

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Strategies for Protecting Trademarks Used on CBD Products

Federal trademark registration is viewed as an attractive form of property-rights protection for most industries. The benefits of such a registration are numerous.

A federal trademark registration serves to recast what would normally be localized common-law trademark rights into nationwide trademark rights. It provides the owner with the right to use the ® designation, to enforce the owner’s rights in federal court, and to file the trademark registration with U.S. Customs to block infringing imports. A federal registration also provides a basis for registering the trademark in foreign countries and jurisdictions.

Unfortunately, members of the cannabis industry have faced an uphill battle when trying to protect their brands on the federal level.

This article will focus on strategies for protecting trademarks used on CBD products, which may be grouped into two categories: marijuana-derived CBD products and hemp-derived CBD products.

Mary Bonzagni

Mary Bonzagni

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Can CBD help deter hormone disrupter chemicals?

Sometimes, emotions are like fireworks, suddenly exploding into colourful arrays, spilling down into every facet of life. Talk to any woman who has fluctuating hormone levels and she’ll tell you that feeling unbalanced or “out-of-whack” is something that she wishes never occurred.

Scientists have long been looking into the link between hormone imbalance, early menstruation and quality-of-life. While not solely caused by environmental factors (some of these are genetic or induced by thyroid problems or stress) hormone imbalances can affect mood, weight gain, hair loss and pain levels.

While both men and women are susceptible to hormone fluctuations, according to the Between the Bridges Healing Center, “Women experience hormonal imbalances at key transitions in their lives, for example, puberty, childbirth, perimenopause and menopause.”

Amanda Holmberg-Sasek, a therapist at Radiant Living Therapy in Plymouth, Minn., says she often sees clients who are experiencing the effects of hormone imbalance and its direct connection to a healthy sex life.

“Working with the psychological effects of hormone imbalance can really help make big changes in and out of the bedroom,” Holmberg-Sasek explained. Often a cause of dysfunction in relationships, she believes having a conversation is the first step to feeling and communicating more effectively with your partner.


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Why Your CBD Brand Needs AI And Search Data To Scale And Survive

One of the biggest threats facing CBD companies? Survival. CBD is already projected to hit over $16 billion in sales by 2024, so it's not surprising that there are over 3,000 brands in the market, hoping to ride the wave of success and reap the rewards.  

But there is a big problem. While there is a high level of consumer interest, the market has reached a saturation point. And yet, CBD remains a nascent category, and the continuum of consumer knowledge is breathtakingly wide. Yes, there are many consumers who are self-educated and knowledgeable, but the opportunity for brands to scale is to connect the dots for new consumers and bring them along.

The pace that the industry has scaled has provided oceans of data on millions of potential consumers. Thanks to Big Data, AI, and predictive analytics, we can finally start to make sense of it all, gathering insights that allow us to eliminate guesswork and target the right audiences. 

Clutter and confusion

Consumer interest in CBD has grown over 100 percent year-over-year for the last few years, and while the pandemic has slowed industry growth, CBD is here to stay. Search volumes at the beginning of the pandemic for “best CBD for anxiety” showed an increase of 250 percent according to Google Trends

However, all of this interest also creates confusion for consumers. Many brands market based on the potency of CBD or the process of extraction, neither of which most of the general public understands. Too many CBD websites market with images of sunny landscapes and green fields, all of which feel undifferentiated. Some bad actors go as far as to make false claims of health benefits, or they market products that may not even contain quality CBD. For a CBD-curious consumer, it can be a daunting task to cut through it all.

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Democrats Keep Cannabis Legalization Out of 2020 Platform

Joe Biden’s hoped-for change of heart on marijuana legalization may eventually come, but don’t expect it anytime soon. The presumptive Democratic nominee won’t have to deal with the issue in this election, as Democratic leaders decided not to make it part of the party platform.

That decision came in the form of a 106-60 vote in July by Democratic National Committee delegates that rejected an amendment to the party platform calling for cannabis legalization. The draft platform, which can be read online, now supports decriminalization, much as Biden has during the campaign.

As for legalization, the draft platform leaves it up to states “to make their own decisions about recreational use.” All 4,000 members of the Democratic National Committee must now vote on the platform ahead of the August party convention.

It’s worth noting that most of the other Democrats who ran for the presidential nomination supported legalization at the federal level. Sen. Bernie Sanders, who got the second-most votes in the primary, had vowed to legalize marijuana by executive order in this first 100 days in office.

The rejection of legalization came as a blow to progressives.

The platform, put together by a party committee, took much of its points from a group made up of members picked by Vice President Biden and Sen. Bernie Sanders, the progressive candidate who finished second to Biden in the primaries. 

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Hemp Flower Bans Threaten Commerce In Indiana And Texas

With the legalization of hemp at the federal level with the passage of the 2018 Farm Bill, it wasn’t long before a new industry based on the increasing popularity of cannabidiol began to take root across the country. But the growth of that industry is at risk in Indiana and Texas, where bans on hemp flower threaten the livelihoods of farmers and small business owners alike.

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Texas punishing people and small businesses for its hemp debacle: lawsuit

Though Texas lawmakers legalized the production and sale of hemp in its last legislative session, the state has now created a framework that essentially bans the sale of “smokable” products.

Edible goods, tinctures and topicals remain okay under the new program. But farmers and cannabis activists alike have voiced concern that lawmakers violated the scope of the original legislation.

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