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We’ve been writing a lot on this blog about the regulation and sale of cannabidiol (“CBD”) products at the state and federal levels. The United States is not the only international actor, however, that is concerned with regulating the sale of CBD products, including CBD-infused foods. extracts of Cannabis sativa L.
Most states’ regulated cannabis regimes require licensed cannabis companies to use seed-to-sale track-and-trace software. This leads me to a post I wrote several months ago on how data breaches are likely to ravage the cannabis industry.
It has been a few years since the wheels began turning on the legalization and sale of medical marijuana in the state of Missouri. Even though laws were put into place that legalized MMJ and made it possible for qualifying patients to access the medication, dispensaries and sales had not yet come into play.
One of the trends driving sales is consumer preference for edibles and concentrates. During the first six months of 2018, cannabis concentrate unit sales rose by a whopping 94.6 per cent, while edibles unit sales have rose more than 13 per cent. per cent rise in sales of dried bud.
patent to protect its technology used to track the cultivation, classification, and identification of cannabis seeds and plants. Recreational and medicinal consumers will know that the products that they consume can be traced from seed to sale. Information is power, data is power.”. Intellectual Property.
It’s used by Federal statistical agencies for the collection and analysis of statistical data related to our economy. Now, the cannabis industry is relatively new, and no doubt federal statistical agencies are still figuring out how to collect data on the federally illegal, but state legal, cannabis industry.
This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. The establishment of cultivation, processing, and dispensary facilities creates a diverse array of employment opportunities, spanning from agricultural roles to retail positions.
Cannabis lawyers are heading to Brussels next week to challenge a recent decision by the European Union to reclassify food products containing cannabidiol (CBD) and prohibit their sale. This applies to both the extracts themselves and any products to which they are added as an ingredient (such as hemp seed oil).”. AUTHOR: Mark Taylor.
Although enormously popular with its citizens, Austria risks missing out on the enormous commercial opportunity of CBD, experts have warned, following a confusing missive from the government that forbids the sale of some cannabis products. Unfortunately, the Ministry’s assessment is poorly expressed ,” said Natterer.
Its arguments are that there is insufficient clinical evidence about the medicinal benefits of cannabis, and that available data on indications, potency (THC, CBD levels) drug interactions and adverse effects are still too few. Then patients can buy fresh, dried cannabis, or cannabis oil.
We also speak with Colton Griffin, CEO of Flourish Software , a seed-to-sale software solution for the cannabis and hemp industries. Announcer : This is the Cannacurio Podcast by Cannabiz Media, your source for cannabis and hemp license updates directly from the data vault. Press the Play button below to listen to the podcast.
CBD products that are intended or can reasonably be foreseen to be ingested by humans, e.g. hemp tea, hemp seed oil, CBD chewing gums or CBD beverages, are generally subject to the Federal Nutrition and Utility Products Act. cosmetics) or tobacco products (incl. tobacco substitutes), or to a catch-all group of non-categorised products.
These rules were long-awaited because, as described in our earlier blog post covering the OLCC rules advisory committee (RAC) meeting, the original proposed rules were essentially a blanket ban on all artificially derived cannabinoid products in OLCC’s regulated cannabis system. Delta-8 THC and other Artificially Derived Cannabinoids.
Next, approved products would be passed from producer to distributor, and finally to retailers for sale. In January, the state of California kicked off an online rollout of its marijuana inventory tracking system. But not without some growing pains. Products would then be sent to labs for testing. Tagging Products Has Proven a Challenge.
Across the country, retail stores and medical dispensaries are seeing large revenues, despite the even larger burden of regulations and the persistent federal prohibition of the practice. One of the first states to legalize recreational marijuana was Colorado, followed by Washington and Oregon. 1] [link] ; [link]. [2] How do I start a dispensary?
Because of the interest in the North American market, we can expect continued interest in the United States which should lead to further inbound investment. Additionally, the growing experience of U.S. cannabis entrepreneurs along with the desire for investment on the part of U.S. This article will discuss the U.S. Income” tax.[5]
My personal year in cannabis began on New Year’s Day, when I waited in line along with countless other Californians to buy some cannabis on the first day of legal adult-use sales. RELATED STORY. The Top 10 Cannabis Stories of 2018. Or that Big Tobacco just invested $2.4 billion dollars in the weed business ( f**k!). RELATED STORY.
In November 2020 the ECJ concluded that CBD extracted from the Cannabis sativa plant in its entirety — and not solely from its fiber and seeds — cannot be regarded as a narcotic drug. For further information on the novel food application process see our latest post on European CBD Sales: Securing a Novel Food Authorization.
If youd like to see data, the Oregon Criminal Justice Commission program published a recent report here. If youd like to see data, the Oregon Criminal Justice Commission program published a recent report here. Most of it will be scaffolding and maintenance. SB 162 This is one of the omnibus bills, and one to watch. Makes sense!
The companies are advertising it as a legal way to get high, touting medical benefits and generally making big promises about what they can deliver, but an investigation from the US Cannabis Council has found illegal levels of delta-9 THC in products for sale around the country. But it can’t really be as bad as it sounds, can it?
But, as is a custom to our typical podcast here, we’re going to check in with Ed and see what he’s learned this week from the Data Vault. In the latest episode of the Cannacurio Podcast from Cannabiz Media, my co-host, Amanda Guerrero, and I discuss year-to-date cultivation licenses, Tennessee hemp, and more.
Our proprietary ranking system takes into account: Social reach (social media, blogs, podcasts, publications, etc.). They write… As the global COVID-19 pandemic drags on around the world, the damaging effects to mental health are becoming more and more apparent. there has never been a better time for new treatment options.
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