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

Cannabidiol Boosts Blood Flow To Brain Memory “Shipping Center”

University College London researchers have found a single dose of cannabidiol boosts blood flow to an important part of the brain.

The hippocampus is part of the brain’s medial temporal lobe (MTL). It plays important roles in shifting information from short-term memory to long-term memory, and in spatial memory that enables navigation. If the hippocampus is damaged, it can impact a person’s existing memories and their ability to form new memories.

The progressive shrinking of the hippocampus is responsible for the short-term memory loss that accompanies Alzheimer’s Disease, the most common form of dementia affecting up to 70% of all people with dementia.

The non-intoxicating cannabinoid CBD is increasingly being investigated for its potential therapeutic benefits, including improving memory function and how the brain processes emotional memories – but the mechanisms have been unclear. New research from UCL may provide an important hint.

The researchers set out to investigate how CBD influences cerebral blood flow in different regions on the brain involved in memory processing. As part of the investigation, 600mg of oral cannabidiol or a placebo was administered to 15 healthy young adult participants who had little or no history of cannabis use. Using a magnetic resonance imaging (MRI) brain scanning technique called ‘arterial spin labelling’ that measures changes in the blood oxygen levels, the researchers determined CBD significantly increased blood flow in the hippocampus.

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Use Algorithms To Expunge Cannabis Convictions

Cannabis prohibition is one of the worst public policies in modern times. Prohibition is often used to trample on citizens’ rights around the world, including and especially citizens of color.

Efforts to dismantle global institutional racism must absolutely include ending cannabis prohibition.

Right now there are only two countries that have legalized cannabis for adult use – Uruguay and Canada. Hopefully more countries will follow suit sooner rather than later.

Countless people have had their lives ruined because of cannabis prohibition, and many continue to have their lives ruined well after they have paid their fine and/or served their sentence.

The ‘Cannabis Scarlet Letter’

Cannabis convictions punish offenders well after they have served their debt to society via showing up on background checks.

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How AI-Driven Tech is Reshaping Modern Cannabis Compliance

Let’s talk about pain and cannabis. No, I’m not talking about medical efficacy, although that’s well proven. I’m referring to the great pains that come with regulatory compliance.

There are so many bureaucratic hoops for a business to jump through, it borders on ridiculous. 

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Vape pens have been most popular Cannabis 2.0 product so far

Vapor pens accounted for most of the sales of Cannabis 2.0 products in Canada, as demonstrated by new data collected by data analytics company Headset. 

Dubbed Cannabis 2.0, the second wave of legalization in Canada saw vapes, edibles and beverages become legal exactly one year after the country allowed recreational marijuana sales. 

Since then, products under the Cannabis 2.0 category started slowly hitting the shelves of Canadian markets, however, the coronavirus pandemic has significantly impacted the entire cannabis industry. 

As the rollout of Cannabis 2.0 is still in its early stages, companies are still trying to figure out which products will attract the most consumers. 

According to the data from Headset’s report, vape pens were by far the most popular product in the three Canadian provinces of Alberta, British Columbia, and Ontario, which Headset included in its analysis on Cannabis 2.0. 

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Oklahoma: Cannabis sales through June nearly eclipses all of 2019

Oklahoma cannabis users are on pace to spend twice as much this year compared to 2019.

As of June, Oklahomans spent more than $385 million this year on medical marijuana. That's nearly the entire amount spent during 12 months last year, according to an analysis of data from the Oklahoma Tax Commission.

Much of that boost came during the early days of the coronavirus pandemic, when collections of the 7% tax on medical marijuana rose dramatically. Sales have leveled off, however, and dipped slightly in June to an estimated $74.8 million.

Oklahoma's cannabis market attracted the attention of outsiders hoping to cash in on the state's love of legal marijuana and regulations that are less strict than other states. Peter Barsoom, founder of Colorado-based 1906, recently inked a deal with local businesses to unveil his line of edibles manufactured in pill form.

Barsoom didn't seek out Oklahoma. Stash House, a distribution company, and 24k Labs reached out to 1906 early this year during a trip to Denver, he said. Barsoom called Oklahoma one of the most exciting markets in the country, partly because of its regulatory structure.

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Idahoans' support for medical marijuana has grown, but it might not be reflected in the Legislature

Ten years ago, when Bill Esbensen first began working with activists to push for some form of legal marijuana in Idaho, someone threatened to beat him up for it.

He was at a Willie Nelson concert in Boise, trying to collect signatures to get an initiative to legalize marijuana on the ballot. As he remembered it, the man who wanted to attack him for collecting signatures was probably older than 80.

“That was the attitude of people back then,” he said.

Esbensen has worked on multiple attempts to legalize medical marijuana in the decade since. Public opinion on the topic in Idaho has shifted during that time, he said on Aug. 4, citing a poll from the firm FM3 Research that shows 72% of Idahoans are in favor of legalizing marijuana for medical purposes. The poll took place in April 2019 and included 400 Idahoans.

“Now you’re standing in line at Albertsons and the 75-year-old grandmother in front of you is talking about it,” he said.

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Marijuana vending machines coming to Massachusetts

A new kind of vending machine is coming to Massachusetts — a self-checkout kiosk for cannabis dispensaries.

Boston-based anna, which also has a presence in Colorado, announced this week that it would deploy its self-checkout products in two Colorado dispensaries this week. The company is expected to launch in Massachusetts in September, deploying 14 units across the two states within the next eight weeks.

Further rollouts are anticipated in Nevada, California and Canada.

With anna’s devices, customers can browse in-store using the touchscreen interface or use online ordering by scanning their QR code upon arrival, keeping the checkout process to less than a minute.

According to a demo on the company's website, local agents are tasked with verifying customer's ages through their driver's licenses, and approving payment before orders can be processed.

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Oregon processor alleges insufficient hemp quality

An Oregon hemp processor claims a Washington farm violated a contract by failing to deliver hemp of sufficient potency and quality to fully repay a loan.

New Earth Biosciences, a processor in Salem, Ore., has filed a lawsuit seeking repayment of about $800,000 advanced to Terra Ridge Farms of Othello, Wash., for seeds, growing supplies and drying services.

Under a contract between the companies, 90% of the hemp supplied by Terra Ridge Farms to New Earth Biosciences was to contain at least 10% cannabidiol, or CBD, the complaint said.

The CBD compound is extracted for use in a variety of products, as it’s believed to have anti-inflammatory and other healthful qualities.

However, the farm’s first load of hemp delivered to the processor last autumn only contained about 7% CBD while having been “excessively dried” and “chopped too finely” to fit the specifications of extraction equipment, the complaint said.

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Hemp’s Use in Musical Instruments Promotes Sound Sustainability

Hemp has thousands of uses including paper, textiles, building materials, food, cosmetics and more. One application that might not immediately come to mind is hemp’s usefulness in the manufacture of musical instruments.

Entrepreneur Morris Beegle may be better known as the producer of the world’s largest hemp-centric conference and trade show, NoCo Hemp Expo, held each year in Denver, but with his new company, Silver Mountain Hemp Guitars, he’s combining two passions. In addition to leading the NoCo show and a number of other hemp-related activities over the past several years, Morris spent 25 years as a producer and promoter in the music business. Now, with the launch of Silver Mountain hand crafted, hemp composite electric guitars and ukuleles made in classic styles for working musicians, he has come full circle.

Hemp has thousands of uses including paper, textiles, building materials, food, cosmetics, animal feed and more. But one application that might not immediately come to mind is the use of hemp in making musical instruments. Beegle is among a group of early innovators seeking to change that with the launch of Silver Mountain’s website, his flagship hemp guitars made in classic styles inspired from the ‘50s and ‘60s, high performance, hemp-derived speaker cabinets and cones, and related productThe use of hemp composite materials helps reduce deforestation and the use of endangered woods often used in making musical instruments, Beegle says, and hand crafted under a luthier’s care, his eco-friendly guitars and ukuleles sound great, too. Silver Mountain guitars were recently featured in Merry JanePot Network and most recently on the Devil Doc Talk Podcast featuring Joey “Doc Talk” Martinez.

In addition to hemp guitars, ukuleles and speaker cabinets, Silver Mountain offers guitar straps, guitar picks, volume knobs and other accessories, all using hemp as a main ingredient in the manufacturing process. The company’s flagship guitars are hand made using hemp bast fiber composite body shells molded around hemp board cores. Custom hand-made speaker cabinets are forged with hemp pressed particle board and paired with a choice of Tone Tubby HempCone or Eminence Cannabis Rex speakers, Beegle says.

For travelers, BugOut Guitars, based in Randolph, VT, combines hemp and plant-based resins to create a unique and “supremely rugged” travel-size guitar. “One thing that’s unique about the hemp guitars compared to wood guitars (and) compared to a carbon fiber guitar is it’s sort of a happy medium between the two in the sense that my guitars have fibers and cells in common with wood, but also the durability of a carbon fiber,” Burstein told Lancaster Farming. In addition to durability, using hemp also can reduce the number of trees being used to make guitars. Burstein explained that there’s a shortage of the wood traditionally used to make guitars. As such, “there is a movement within the guitar community to use alternative forms of building instruments. This one’s mine,” he said.

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AHA Wants Marijuana Removed From Schedule I

The American Heart Association says marijuana should be removed from the USA’s Schedule I controlled substance category – but not to encourage wider use.

Not all cannabis is equal in the eyes of the law in the USA. Hemp and marijuana are both cannabis, but are treated very differently.

The 2018 Farm Bill removed hemp’s Drug Enforcement Administration Schedule I controlled substance designation. Hemp is defined as any part or derivative of the Cannabis sativa L. plant containing less than 0.3 percent tetrahydrocannabinol (THC) by weight. Anything above that is considered marijuana at a federal level, and is still a Schedule I controlled substance (listed as “marihuana”).

Schedule I indicates a substance has no accepted medical use and a high potential for abuse – so it needs changing just based on the medical use aspect. The American Heart Association suggests it also needs to change to enable further research.

“Our understanding of the safety and efficacy of cannabis has been limited by decades of worldwide illegality and continues to be limited in the United States by the ongoing classification of cannabis as a Schedule 1 controlled substance,” said the AHA in a scientific statement published in the journal Circulation.

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Only 265 of estimated 500K possession charges cleared in 1st year of government program

One year after the Canadian government created a program to quickly and affordably clear cannabis possession charges from people’s criminal records, just 265 records have been cleared. 

Applicants can have small cannabis possession charges suspended from their criminal record so a background check for a job or housing comes up clean. 

The Liberal Party estimated 10,000 people would be eligible for the program while advocacy group Cannabis Amnesty calculate 500,000 Canadians are eligible.

But as of Aug. 7, 2020, barely a fraction of the anticipated applicants have completed the process.

According to numbers from the Parole Board of Canada, 467 people have applied to the program: 265 were approved; 196 were denied due to ineligibility or incomplete applications; four are being processed; and two were discontinued. 

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Study Finds 1 in 4 Adults in America Used Cannabis in Past Year

Quite a few adults in the United States have consumed marijuana in the past year. This is according to a new study published in the journal BMJ Open and epublished by the U.S. National Institute of Health. The study is titled Retrospective cross-sectional analysis of the changes in marijuana use in the USA, 2005-2018.

According to the study, almost one our of every four adults who live in the United States say that they have consumed marijuana in the past year. For the study researchers from Harvard Medical School and the Beth Israel Deaconess Medical Center examined marijuana use from a nationally representative sample of over 35,000 US adults. They found that “Overall, 53.5 percent of the US adult population reported ever using marijuana between 2005 and 2018. The prevalence of lifetime marijuana use, and first use before the age of 18, remained stable between 2005 and 2018. Overall 22.6 percent of US adults reported using marijuana within the last year.”

The full abstract can be found below:

Objectives Understanding trends of marijuana use in the USA throughout a period of particularly high adoption of marijuana-legalisation, and understanding demographics most at risk of use, is important in evolving healthcare policy and intervention. This study analyses the demographic-specific changes in the prevalence of marijuana use in the USA between 2005 and 2018.

Design, setting and participants A 14-year retrospective cross-sectional analysis of the National Health and Nutrition Examination Survey database, a publicly available biennially collected national survey, weighted to represent the entire US population. A total of 35 212 adults between 18 and 69 years old participated in the seven-cycles of surveys analysed (2005–2018).

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Automated Cannabis Kiosk Spells Change for Retail

As automation continues to change the way we get our cannabis, the future of this booming industry is growing even more exciting. 

Due to COVID-19, social distancing is crucial. That’s why so many people prefer contactless options, particularly for items like groceries or take out. Why can’t we do the same with cannabis? Exciting new developments in the world of automation are making contactless cannabis a reality. 

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CBD Associated With Greater Likelihood Of Cannabis Abstinence

Consuming cannabis can provide numerous wellness benefits to consumers and patients as a growing body of peer-reviewed research demonstrates.

Countless people around the world use cannabis for medical or recreational purposes, as people have done for many centuries.

Cannabis has been found by at least one peer-reviewed study to be 114 times safer than alcohol, and many people prefer to make the safer choice and consume cannabis rather than alcohol.

In some instances a consumer or patient may need to refrain from consuming cannabis, either for tolerance-break purposes, or for an upcoming drug test.

It could also just be due to personal preference.

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COVID-19 has caused legal weed to ‘cannibalize’ the illicit market

By the end of 2020, the legal cannabis industry is expected to surpass US$15 billion. But the money that weed generates on the illicit market far exceeds that amount.

Tracking exact figures is tricky because anonymous dealers and criminal networks aren’t exactly sharing sales data with the media. But estimates approximate the illicit market is more than four times the size of its legal market.

More specifically, New Frontier Data values the U.S. illicit

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South Dakota submits industrial hemp plan to USDA for final approval

South Dakota has submitted its industrial hemp plan to the U.S. Department of Agriculture for approval. 

The plan lays out how the state will regulate industrial hemp, and South Dakota farmers will be able to begin growing industrial hemp once the USDA gives final approval. 

The South Dakota Department of Agriculture will continue to develop its program while it waits for that approval, and processors and growers will be able to find more information about applying for a hemp license in the near future, according to Derek Schiefelbein, industrial hemp program manager at the SDDA. 

"I am looking forward to working with industrial hemp producers and processors in South Dakota," Sheifelbein said.

The newly formed South Dakota Industrial Hemp Association applauded the SDDA's plan submission. Producers won't be able to grow hemp until the 2021 season, but the submission is an "important step," the association said in a statement.

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Study: Most Americans in Legal States Express “Positive Perceptions” of the Cannabis Marketplace

Adults residing in states where retail marijuana sales are legally regulated tend to hold a positive impression of the marketplace, according to data published in the journal Addictive Behaviors.

Investigators affiliated with the University of Waterloo, School of Public Health in Canada surveyed 5,530 respondents residing in Alaska, California, Colorado, Nevada, Oregon, and Washington.

Authors reported: “The current findings suggest generally positive perceptions of the legal cannabis market. Most respondents, including frequent cannabis consumers, perceived legal cannabis to be of equal or greater quality and convenience, and as safer to buy and use than cannabis from illegal sources.”

Commenting on the study’s findings, NORML’s Deputy Director Paul Armentano said: “This data once again affirms that most voters do not experience ‘buyer’s remorse’ following marijuana legalization. In the minds of most Americans, these laws are operating as voters intended and in a manner that is consistent with their expectations.”

Armentano further acknowledged that no state that has legalized the use of cannabis for either medical or adult-use purposes has ever repealed their law.

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June was Colorado’s biggest marijuana sales month ever. July was likely bigger

June marks the first month in Colorado history that recreational marijuana shops sold more than $150 million worth of products as cannabis consumption during the COVID-19 pandemic continues to set industry records.

Recreational marijuana consumers spent $158,102,628 at Colorado shops in June, according to data from the Department of Revenue’s Marijuana Enforcement Division. It’s a 6% increase of the previous single-month recreational sales record of $149,186,615 that was set in May, state data shows.

Last June, rec shops sold roughly $122.4 million in products. Before this year, monthly recreational sales had only eclipsed $140 million one time, in August 2019, state data shows. That month, dispensaries combined to sell $173,219,859 worth of products.

Medical marijuana sales took a step back in June. After setting a new record with $42,989,322 in sales in May, medical dispensaries sold $40,770,582 worth of products in the month, according to the MED’s monthly sales report.

Still, the industry comfortably set a new record for total business volume.

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Legal Cannabis Market Just Can’t Compare to the Black Market

There’s no rule that says legal markets have to be bigger or smaller than black markets. In life, legal markets and black markets form counterparts that can change and vary in size and growth. In the case of cannabis, the black market wins out easily, and for very good reason.

Legal markets are your above-board markets. Products or services that are registered, that are taxed, that are counted in official inventories, and reported on to local and federal governments. If you want to buy a shirt and you go to Walmart, congratulations, you’ve helped support the legal clothing market. You’ve also helped support sweat shops and slave labor, but that’s beside the point.

The market itself, however unsavory, is legal. I point out the unsavoriness for a reason though. In all the talk about the negative aspects of black markets, it should always be remembered that legal markets can be just as dirty, dangerous, and detrimental to those involved.

Black markets (and I’ll include gray markets here) encompass the large blurry underbody. It’s like the big hulking iceberg underneath the tiny Titanic-tearing tip. It’s every sale that no government knows about. Every untaxed product and service. Every unregistered item that will never be counted in official inventories or reported to government bodies.

So if you’re buying knock off sunglasses from a guy on a street corner, or getting an 1/8 of really great skunk from your friendly neighborhood pot dealer, or giving in to the super cute kids on the street selling lemonade from a stand, you, my friend, have participated in a black market purchase. To be fair to those cute little kids, there aren’t many government bodies that are going to bust up their lemonade selling operation, but if the same kids continue that same operation into adulthood, they could be arrested for tax evasion.

The cannabis markets

The first things to know about the cannabis market is that it’s old, it’s huge, and it’s pretty stable. For as long as humanity has understood what the cannabis plant is, it’s been using it in different formulations ranging from medical applications to relaxing and feeling good.

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Cannabis industry readies for M&A after COVID-19 boosts weed demand

After nearly a year of next-to-no deal-making, cannabis companies are gearing up for mergers and acquisitions as realistic stock valuations and the prospect of U.S. legalization attract buyers to a sector that has been decimated by oversupply and other issues, executives and investors say.

Profitable cannabis companies want to buy their way into niche segments and expand their brands, betting that the November U.S. presidential election will lead to weed becoming legal across the United States. Distribution deals could also help companies reach consumers who have shown an increased appetite for pot products since the onset of the coronavirus pandemic.

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