CBD Products Market Becoming Hottest Segment of Cannabis Industry

As the demand for CBD-based products explodes in the U.S. and continues to thrive across the globe, Cannabis-based companies race to develop and introduce the newest and higher quality products to capitalize on themomentum. Much like most of the cannabis and legal medical marijuana market, vendors and manufacturers focus on delivering a high degree of quality infused in their CBD-based products.

Earth Science Tech, Inc. (OTC: ETST), an innovative biotech company focused on cannabis CBD-based (industrial hemp), cannabinoid research and development, nutraceuticals, pharmaceuticals, medical devices is pleased to announce its new wholly-owned subsidiary KannaBidioid Inc. to manufacture and distribute vapes/e-liquids and gummy edibles to target vape/smoke shops.

Kanna (Sceletium tortuosum) is known to elevate mood, decrease anxiety, stress, and tension, and suppress the appetite. In moderate doses, it induces euphoria and acts as a powerful stimulant, but can actually have a sedative effect in larger doses.

Read the full article at Cision

Marijuana: Effects of Weed on Brain and Body

Marijuana is a combination of shredded leaves, stems and flower buds of the Cannabis sativa plant. Marijuana can be smoked, eaten, vaporized, brewed and even taken topically, but most people smoke it.

According to research from the Potency Monitoring Project, the average THC content of marijuana has soared from less than 1 percent in 1972, to 3 to 4 percent in the 1990s, to nearly 13 percent in 2010. Today, some retail marijuana has 30 percent THC or more. The increased potency makes it difficult to determine the short- and long-term effects of marijuana.

How Cannabis is consumed

In a 2010 National Survey on Drug Use and Health (NSDUH), 17.4 million people in the United States said they had used marijuana in the past month.

A 2016 Gallup poll found that one in eight people smoke marijuana and 43 percent of U.S. adults admit to trying it.

Read the full article at Live Science

North Carolina Police Found 2,000 Pounds of Opium Poppies While Looking for a Cannabis Grow-Op

Police officers in North Carolina got a little more than they bargained for this week, when they tracked down what they thought was a rural cannabis cultivation site, but instead uncovered a half-acre field full of poppy plants ready to be turned into opium, the base form of heroin.

According to CNN, Catawba County Sheriffs went to the rural home of 37 year-old Cody Xiong, who they suspected of growing marijuana. When they got there the man didn’t even attempt to hide his uniquely illicit garden.

The half-acre plot had 2,000 pounds of poppies, with an eventual estimated street value of $500 million.

Xiong will most likely face charges of manufacturing a Schedule II narcotic and drug trafficking, but he will go down in history – Captain Jason Reid of the Catawba County Sheriff’s Office told reporters that the bust was only the second large-scale opium production shut down on U.S. soil.

Merry Jane

Green Light for Medical Cannabis

Patients and activists have long fought for the legalisation of medical cannabis, but, despite mounting evidence pointing to its benefits in both pain relief and the treatment of specific conditions, have always stumbled on strong resistance by mainstream attitudes. According to Health Minister Giorgos Pamboridis, the main problem has been a “widespread, albeit false, notion that it somehow helps legitimise the use of recreational cannabis”.

A set of government-proposed regulations to allow the import, distribution and use of pharmaceutical-grade cannabis, unveiled and put to public consultation in February, would, if approved by parliament, allow government to issue two licences for a period “up to 15 years”.

But the government’s proposal for the drastic overhaul of the law on medical cannabis comes with regulation so detailed and tight, making abuse – by the licensees or recreational users – next to impossible, that, perhaps unsurprisingly, the mood of people like Evdokas is hardly celebratory.

According to this document, each individual has the right “to freely choose from among different treatment procedures” and “to refuse a treatment or a medical intervention”.

A second limitation, Evdokas said, the bill places restrictions on which doctors can prescribe the drug.

Continue reading at Cyprus Mail Online

Cannabis tax goes before voters in Santa Rosa

Should Santa Rosa tax cannabis businesses to help offset the cost of regulating the fast-growing industry?

There is no formal opposition to the measure. Tawnie Logan, executive director of the Sonoma County Growers Alliance, said her group of cannabis growers supports the city’s plan.

“It’s a good framework that’s representative of a tax structure that’s more approachable for the industry,” Logan said. “It’s still a little high but it’s far more accessible than the rates proposed by the county.”

Cannabis businesses in the unincorporated areas of Sonoma County face much steeper taxes under a measure approved by county voters in March. It allows the county to tax cannabis businesses up to 10 percent and doesn’t lock in rate increments. Marijuana industry players, including the grower’s alliance, opposed the ballot measure, which passed by a 3-to-1 ratio.

Santa Rosa City Councilman Chris Rogers, a member of the council’s three-person cannabis policy subcommittee, said he believes the city’s measure strikes a balance between making sure the city can cover costs associated with the newly regulated local pot industry and “not setting the tax so high it gives people incentive to stay in the black market.”

Santa Rosa cultivators would initially be taxed at 2 percent of gross receipts or $5 per square foot of cultivation space. The starting rates for dispensaries would be 3 percent and it would be 1 percent for manufacturers.

These tax levels wouldn’t change for two years, and any subsequent increases would also be locked in place for two years. A supermajority of five votes on the seven-person City Council would be needed to increase the rates above 5 percent.

City officials have said the tax would allow it to address the impact of the cannabis industry while bolstering revenues for general city purposes.

The Press Democrat

9 Plants That Contain Therapeutic Cannabinoids

Cannabinoid is a term that is thrown around a lot in the cannabis industry — but did you know there are many different types of cannabinoids that are found throughout Mother Nature’s complex web?

Phytocannabinoids are the cannabinoids produced by plants.

Endocannabinoids are the cannabinoids produced within the body of humans and animals.

Synthetic Cannabinoids are the cannabinoids produced in a laboratory.

There are also a few common plants we will cover today that contain compounds that mimic the biological activity of the classic cannabinoid but have a slightly different structure. These are called cannabimimetic compounds.

Read more at Marijuana.com

Medical Cannabis Oil Bill Doesn’t Go Far Enough to Help Iowans

Iowa has been making some great strides towards expanding medical marijuana access in Iowa — but are they enough? Last week, House File 524 was passed, expanding the medical marijuana law that is already in place.

This bill proposes to permit the manufacturing and distribution of medical marijuana in Iowa and expanding the list of eligible medical diagnoses, allowing Iowans with Parkinson’s disease, multiple sclerosis, and other chronic and severe illnesses, access to cannabis oil. While this is a great achievement for those suffering from these debilitating illnesses, Iowa will still be behind the 29 other states who have passed more expansive medical marijuana laws.

A major concern with this bill is that only cannabis oil can be used and the THC content can be no more than 3 percent. The 29 states that have more extensive medical marijuana laws allow the entire plant to be used, which has a higher THC content.

This is crucial for those that are suffering from severe pain. Many of these other states also include other medical diagnoses such as glaucoma and mental illnesses such as PTSD.

The Des Moines Register

Iowa Legislature Approves Measure Legalizing Distribution of Medical Cannabis Oil

House File 524 was approved by the House today at 3 am (83 to 11), and was passed by the Senate exactly four hours later (33 to 7), sending it to Governor Terry Branstad for final consideration. The proposal would legalize the production and distribution of cannabis oil for those with a qualifying condition who receive a recommendation from a physician. Licensed dispensaries would be established to safely distribute the medicine to patients.

“There are sick Iowans out there that need relief, bottom line,” said the bill’s floor manager, Representative Jarad Klein, R-Keota.

If approved into law, House File 524 would allow the Department of Public Health to approve up to two manufacturers and up to five distributors if cannabis oil. The cannabis oil will be limited to containing no more than 3% tetrahydrocannabinol (THC).

The bill also would expand the list of qualifying conditions to use cannabis oil to include cancer, Parkinson’s disease, multiple sclerosis, HIV/AIDS and others. A medical Cannabidiol Advisory Board would be established within the Department of Public Health to recommend adding or removing qualifying conditions.

The Joint Blog

Unofficial Cannabis “Holiday” – Health Benefits of Cannabis Oil Still Secondary to Recreational Usage

April 20th is here again, a date well-known by recreational enthusiasts and celebrated as a cannabis culture holiday nationwide, and what was once known only as an inside joke to a few is now much more widely known and accepted in the United States. With 8 states having now legalized recreational marijuana, and dozens more allowing medical marijuana, much of the stigma of openly promoting “420-friendly” characteristics has disappeared, with hundreds of companies now offering special discounts on April 20th.

“The stereotype of a cannabis user has changed a lot with its growing acceptance as a medication, and not just a recreational plant used by some to get ‘high,'” says Rick Hawkins, a scientist with Nutra Pure, the makers of the popular CBD Pure line of CBD oils, “States have issued new regulations allowing medications and supplements derived from the cannabis plant to be available to those who need it most, and the results have been nothing short of impressive.”

Mr. Hawkins was referencing the growing popularity of CBD, the non-psychoactive component of the cannabis plant believed to be the primary cannabinoid responsible for mood support and neuroprotectant effects experienced by recreational users. While CBD does not have any intoxicating effects, access to it has been limited because of its relationship to its chemical cousin, THC. CBD users seeking the health benefits of cannabis without the intoxicating effects often go to great lengths to obtain high concentration cannabidiol products, typically ordering them from states like Washington, Colorado, or Oregon where they are more commonplace.

“We get orders from every state for our CBD oils, but the states that have legalized recreational usage also order the most CBD oil too, ironically,” continued Mr, Hawkins. He believes that is because, as more recreational users of cannabis see positive health effects, the word spreads to health-conscious people in the area who would never smoke cannabis, but have joint pain, insomnia, or mood issues that could be helped with cannabis oil. “Some of the healthiest people I know, that would never touch an illegal drug, swear by cannabis oils and take them every day for their health.”

Benzinga

Pharmacies in Uruguay Will Start Selling Cannabis Over the Counter in July

You also might want to consider packing your bags and moving to Uruguay. The South American country announced yesterday that beginning this July, cannabis will be available over the counter at local pharmacies.

Uruguay legalized marijuana in 2013, becoming the first country in the world to do so, but this year’s regulations will mark the first time residents will be able to walk into a store and purchase their bud.

According to the BBC, presidential aid, Juan Andres Roballo held a press conference to announce the over the counter program.

As a part of the country’s new cannabis program, everyone who purchases marijuana from stores must be on a national registry open only to only long-term residents and Uruguayan citizens. So while buying bud won’t be as easy as purchasing a pack of cigarettes, the pharmacy cannabis will be sold for a fixed price of $1.30 per gram – a pretty good bargain if you ask us.

The regulations and registry mean that Uruguay probably isn’t poised to be the next cannabis tourism hot spot, but it will make life easier for residents hoping to get their weed without hassle.

Uruguay’s government has initially signed up 16 pharmacies to launch the program but plans to add more as the registry builds.

Merry Jane

Study Shows: Opioid Addicts who use Cannabis will do Poorly in Methadone Treatment

In light of Canada’s recent move towards the legalization of cannabis, authors of a new study published in Biology of Sex Differences, that investigated the association between cannabis use and methadone treatment outcome, discuss their findings and the implications.

Legalizing cannabis

There is a growing popular belief that cannabis is natural and therefore harmless to use. In fact, many people who are addicted to opioids believe that cannabis use is a substitute to methadone and can help them control opioid withdrawal symptoms. In addition, there are an increasing number of studies advocating for the use of cannabis instead of opioids for chronic pain. Is cannabis harmless for everyone as claimed? Will making cannabis legal and eventually more accessible do harm or good?

Public perception of cannabis is that it is a harmless substance, mainly because it is unlikely to lead to death due to overdose. While there are no documented reports of fatal overdoses from cannabis, other adverse consequences have been noted, including cognitive impairment, respiratory problems, and psychotic symptoms. Vulnerable populations, such as those with existing addictions, are at greater risk of experiencing these adverse events.

Opioid addiction

Opioid addiction (or opioid use disorder) has skyrocketed around the globe and is especially pervasive in Canada where it was declared a public health crisis. Deaths from opioid overdoses have become commonplace in Canada; the urgent need for adequate treatment options for those with opioid addictions has been emphasized by clinicians and the public.

Methadone maintenance treatment is currently the oldest and most widely used pharmacological treatment for opioid addiction. Those in treatment receive a daily dose of methadone, a long-acting synthetic opioid, to reduce cravings and relieve withdrawal symptoms without producing the same euphoric effects of other opioids.

Current study

Previous research has found differences in clinical profile and treatment outcomes between men and women, and therefore our study aimed to explore sex differences in cannabis use.

777 participants in this study (414 men and 363 women). About 60% of men and 44% of women reported using cannabis. After controlling for age, methadone dose, and length of time in treatment, we found women were 82% more likely to also use illicit opioids while on methadone treatment if they were cannabis users.

A recent study found the motivation for using cannabis varied between men and women, whereby women tended to report the primary purpose for using it was for self-medication, whereas men more often reported using cannabis was for recreational purposes. However what we see in this study is that women who use cannabis are not faring well compared to men. Cannabis has not helped women and was associated with worse health outcomes for them.

BioMed Central

Swiss Cannabis Startups Crave Low-potency

Switzerland changed its laws in 2011 to let adults buy and use cannabis with up to 1 percent THC, the chemical compound that produces a high. But its money-making potential seems only to have been discovered late last year, officials said.

The number of retailers registered to sell low-THC cannabis has risen to 140 from just a handful last year, the agency says.

It expects revenue of around $US25 million on legal sales of $US100 million from cannabis in 2017, although the spokesman said the figure could be far higher if the boom continues.

KannaSwiss, a wholesaler that supplies shops with organically-grown low-THC cannabis to smoke or take orally, has quadrupled its staff to 20 since last year, but boss Corso Serra di Cassano says the company still can’t keep up with orders.

The company was founded by two scions of aristocratic families: di Cassano, whose lineage includes an Italian prince beheaded in 1799, and Boris Blatnik, whose sister married into the deposed royal family of Greece. They compare the high from low-potency pot to drinking a couple glasses of wine.

Switzerland’s experimentation with low-THC cannabis comes as several US states have decriminalized or legalized pot.

Europe has a patchwork of laws. The Netherlands is known for coffee shops where the authorities allow sales of small quantities of marijuana. In January, Germany’s lower house of parliament passed a law legalizing medical cannabis.

Several countries have explored changing the rules to reduce penalties for possession of marijuana or permit strains low in THC. But the Swiss were among the first to make recreational low-potency pot fully legal and tax it.

Yahoo News

For Epilepsy Patients, New Cannabis Oil law in Virginia is a ‘step in the right direction’

NEWPORT NEWS, Va. – The state of Virginia is still a long way off from Colorado, but it is easing up on its laws against marijuana.

Governor Terry McAuliffe signed SB1027 into law, which will allow Virginia pharmacies to make and sell marijuana extract oils for treating intractable epilepsy.

In 2015, the General Assembly carved out one exception for people who suffer from intractable epilepsy, but patients and caregivers faced problems buying the medication.

The new law will allow “pharmaceutical processors,” or dispensary license holders, after obtaining a permit from the state Board of Pharmacy and under the supervision of a licensed pharmacist, to grow low-THC cannabis, manufacture the oil, and then provide it to epilepsy patients who have a written certification from a doctor.

The only physicians that will be able to issue those certifications must specialize in the treatment of epilepsy and must also enroll in the program with the Board of Pharmacy.

They will only be able to issue a set number of certifications.

According to the Marijuana Policy Project, patients must enroll in the program with the state Department of Health and are only permitted to do so with their physician’s authorization.

The Board of Pharmacy has until December 15, 2017 to issue their proposed regulations to govern the program.

Lee says they will be waiting to submit their application for a license until he sees those regulations.

WTKR

Georgia Set to Expand Access to Cannabis Oil

ATLANTA (AP) — Georgia lawmakers have reached an agreement to expand a program that lets some patients use an oil derived from marijuana.

Sen. Ben Watson, R-Savannah, will present the compromise to the House Judiciary Non-Civil Committee Friday morning, and it is expected to get a positive recommendation.
Under the new proposal, six new diagnoses will be added to the list of qualifying conditions for medical cannabis oil including autism, AIDS, Tourette’s syndrome, and Alzheimer’s disease. Additionally, anyone in a hospice program, regardless of diagnosis, will be allowed access to marijuana oil that’s low on THC, the chemical responsible for the marijuana high.

The proposal will set up reciprocity with other states so that visitors will be able to access medical cannabis oil for 45 days as long as they are permitted to do so in their home state. It also removes a requirement that patients live in the state for at least a year before qualifying for the program.

Both the reciprocity and the removal of the residency restrictions were included to try and cater to military families who may end up stationed in Georgia.
Under the proposal, prescribing physicians will only have to report to the state twice a year instead of the current quarterly requirement.

Under the proposal, prescribing physicians will only have to report to the state twice a year instead of the current quarterly requirement.
In a previous version of the bill, Watson proposed reducing the allowable percentage of THC from 5 percent to 3 percent, which drew sharp criticism from patient advocacy groups.

Leafly

Cannabis oil legislation: This makes sense how?

The state Legislature recently approved a bill that would give parents the ability to try a drug derived from marijuana to help children with severe seizures.It’s a good and important measure that got the support it deserved. It was approved unanimously in the Assembly and with only one no vote in the Senate (Duey Stroebel). Legislators justifiably patted themselves on the back with Assembly Speaker Robin Vos (R-Rochester) proclaiming that “Today is a day that I could not be prouder.”

“This is not the fix we are looking for,” said Rep. Jill Billings (D-La Crosse). “You’re setting families up saying they can possess it but they can’t get it.” Good point.

Sen. Chris Larson’s office said he has a bill to allow manufacture of the drug, and Rep. Scott Krug’s office blamed it on the feds, saying all would be well if and when they reclassify cannabis oil; something the sponsors of the bill thought would happen months ago.

Journal Sentinel

Israel: It’s Official, Cannabis is not a crime

Israel’s Cabinet decriminalized the recreational use of cannabis, or marijuana, at its weekly meeting on Sunday in a move hailed by politicians from across the spectrum.

Under the new policy, first-time offenders caught using marijuana in public will be subject to a fine of approximately $250, but will not face criminal charges. The money will be used for drug rehabilitation and education. A second offense will be subject to a fine of approximately $500, while a third offense may require rehabilitation, education and a suspended driver’s license. A fourth offense will be subject to prosecution and a possible prison term.

Worldwide, many nations have already decriminalized cannabis in an attempt to combat societal problems associated with its use — including the Netherlands, Mexico, Czech Republic, Costa Rica and Portugal.

Cannabis: Israel’s next big medical export?

Marijuana advocates hope the new policy encourages entrepreneurship and investment in Israel’s burgeoning cannabis industry.

Israel is one of the world leaders in medical marijuana, backed by the Ministry of Health, whose ultra-Orthodox leader has encouraged research and innovation. Numbering only a few dozen medical marijuana users a decade ago, Israel now has approximately 25,000 users. Cannabis companies estimate the industry could be worth hundreds of millions of dollars soon, even in such a small country.

“Decriminalizing cannabis in Israel is another step towards creating a Canna-Tech global industry, with Israel at the forefront,” said Saul Kaye, CEO of iCan, a cannabis entrepreneurship incubator. “This step, although not legitimizing use, is due to reduce the negative perception of the plant as ‘immoral or ‘criminal’, increasing openness to its outstanding medicinal and wellness properties.”

“The Cabinet approval is an important step on the way to implementing the new policy that will put emphasis on explaining and treating rather than on criminal enforcement,” said Public Security Minister Gilad Erdan.

CNN International Edition

Cannabis Investors: Could the Opioid Crisis Derail the Recreational Marijuana Train?

Investors in Canadian medical marijuana producers are betting that Ottawa will deliver on its plan to legalize the sale of recreational pot and open a massive new market.

Is the plan at risk?

Canadians are generally perceived as having open minds when it comes to giving people the option to legally use cannabis for recreational purposes. Whether or not they are comfortable having dispensaries set up in their communities is another question.

While the discussion surrounding the legalization of marijuana continues, a surge in the use of opioids by Canadian teens is once again bringing the entire drug problem out into the open.

Reports continue to emerge of young teens overdosing and sometimes dying due to the use of drugs containing fentanyl, a potent synthetic opioid. The death of a 14-year-old girl in an Ottawa suburb recently made national headlines.

Should you own cannabis stocks?

Medical marijuana suppliers, such as Canopy Growth Corp. (TSX: WEED) are trading at extreme valuations right now based on investor expectations that a legal recreational marijuana market is coming soon.

The government may well see the plan through, but there is a risk that Ottawa could drag its feet, especially if MPs start to take heat from voters who think the Liberals should focus on stamping out the opioid problem first.

If Ottawa decides to backtrack on the marijuana file, cannabis stocks could get hit hard.

As such, I would avoid the sector today.

The Motley Fool

State Senate Approves Marijuana Oil Legalization

The vote is another step toward increasing access to cannabidiol, also known as CBD oil, by making changes to the state law that governs it. CBD-oil has been used to treat medical conditions including seizure disorders in children.

The state Senate voted 31-1 in support of the bill, which would make it legal for individuals to possess the oil in Wisconsin, as long as a doctor has signed off on it. Sen. Duey Stroebel, R-Saukville, was the only dissenting vote.

In 2014, lawmakers passed a bill called Lydia’s Law, which made the oil available to certain populations. However, some patients have said it’s difficult to access the oil because that law requires the U.S. Food and Drug Administration to approve prescriptions.

A similar bill passed the state Assembly during the last legislative session but failed to pass the state Senate after opponents expressed concern about the oil being a gateway to marijuana legalization in the state.

The bill would not legalize the manufacture or sale of CBD oil in Wisconsin. Users would need to travel to adjacent states to procure it.

The bill now goes to the state Assembly, where Assembly Speaker Robin Vos, R-Rochester, has shown support.

Wisconsin Public Radio

Cyprus Set to Provide Cannabis Oil to Cancer Patients

Alongside announcing the cannabis oil provisions, Pamboridis said that legislation has been drafted to legalize medical cannabis more broadly. According to Greek-language newspaper Politis, the draft bill will be open for public consultation prior to being entered into parliament for debate and approval.

These announcements come two months after Pamboridis tweeted that he wanted to have a frank and open public conversation about the potential benefits of medical cannabis use.

Although these plans are groundbreaking for Cyprus, medical cannabis provisions for cancer patients are well-established in certain other countries.

Cannabis use, sale, and cultivation have been prohibited in Cyprus since 1977 when the Narcotic Drugs and Psychotropic Substances Law was introduced. This legislation, which deems cannabis to be a Class B drug, offers harsh penalties for related offenses.

According to the European Centre for Monitoring Drugs and Drug Addiction (EMCDDA), possession of fewer than 30 grams of cannabis can garner a prison sentence of up to eight years. Possession of more than 30 grams is presumed to be a supply offense and can be punished by up to life in prison.

In December 2016, the Irish parliament’s lower house passed a bill to legalize and regulate cannabis products for medical use. One month later, the lower house of the German parliament passed a bill to legalize cannabis for medical use “in very limited exceptional cases”.

Both bills are expected to pass their respective parliaments’ upper houses without obstruction.

Talking Drugs

What Are Moon Rocks and How Strong Are They?

Cannabis moon rocks, not to be confused with pure MDMA crystals by the same name, consist of a pinch of bud covered in hash oil then rolled in kief. Making them is as simple as it sounds. Smoking them is pure luxury. It’s no wonder people are calling them “the strongest cannabis in the world” and “the best high on Earth.”

In this delicious cannabinoid-rich concoction, overall potency depends on the strengths and synergies of the combined ingredients. A typical moon rock weighs in at around 50 percent THC. Each moon rock has varying degrees of effect depending on the strains used, terpene and cannabinoid concentrations, and practically unmeasurable synergism between the flower, hash, and kief you choose. Additionally, if you use products that have a bit of CBD, you can compound the experience with CBD’s coveted muscle-relaxing properties

Merry Jane