The first year of Florida’s hemp industry was one of trial and error on the ground, but the projections that it will become a green boom could mean a shift in the Panhandle’s agricultural scene.
CBD will not be removed from international control
Recommendation 5.5 has been rejected by a majority of 43 votes against, 6 for and 4 abstentions, meaning the UN will not “Add a footnote on cannabidiol preparations to Schedule I of the 1961 Convention to read: Preparations containing predominantly cannabidiol and not more than 0.2 percent of delta-9- tetrahydrocannabinol are not under international control”. This means that CBD will remain in some legal ambiguity under the UN conventions. It is likely that many nations who voted against the bill were not against the liberalization of CBD in principle but may not have agreed with the specific recommendation. For example, the representative of Colombia Miguel Camilo Ruíz Blanco told the commission that “Colombia’s negative vote is based on the absence of clear language in these recommendations” rather than a principled opposition. The US took the position that this recommendation was not needed as “It is not our position that CBD is under international control under the drug conventions” as it is not specifically mentioned in relevant legislation.
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Cannabis Global Announces Metrc API Integration for Comply Bag(TM) Cannabis Transport System – Targets Growing National Cannabis Market in 2021
LOS ANGELES, CA / ACCESSWIRE / December 29, 2020 / Cannabis Global, Inc. (the “Company”) (OTC PINK:CBGL), an innovation-oriented company investing in disruptive cannabis and hemp-related technologies, today announces a significant enhancement to its upcoming Comply Bag(TM) Cannabis Transport System via the addition of a fully integrated application that will allow shippers and receivers to track, monitor and confirm important aspects of cannabis shipments. Comply Bag’s unique app design will integrate with its API (Application Programming interface) published by Metrc, the most trusted and leading provider of cannabis regulatory technology in the United States.
Cannabis Global tailored the app to address multiple state regulatory regimes, including California’s Metrc track-and-trace system used to track cannabis activity and movement across distribution channels, while preserving flexibility in the architecture to allow for interstate tracking of cannabis as national cannabis markets develop further in 2021.
“Metrc supports over 15,000 cannabis-related business licenses and 15 U.S. states, including California. This disruptive technology is a solution that addresses a key component of the infrastructure of the cannabis industry (safe transportation), as well as a consistent and compliant storage system,” commented Arman Tabatabaei, CEO of Cannabis Global. “We are designing physical features into the Comply Bag(TM) system to hold Metrc generated tags mandated by many U.S. states to accompany cannabis from seed stage through final sale and we are now taking integration toward the natural step to utilize Metrc’s publically available API within the Comply Bag(TM) shipper and receiver app.”
Mr. Tabatabaei continued, “We decided to invest in an application that will allow shippers and receivers to monitor shipments via their smartphones, whether Android or iOS operating systems. We plan to roll the application out as soon as it passes beta testing; however, Comply Bag(TM) product is scheduled to be available January of 2021. We feel this ability is already highly-desired within the lucrative California market, and we expect it to be a requirement when interstate commerce in cannabis is ultimately legalized, which we believe will be soon,” commented Mr. Tabatabaei.
In November, the Company announced its acquisition of Ethos Technology LLC, a Los Angeles startup specializing in ultra-secure cannabis transport containers for the commercial cultivation, processing, and distribution markets. Under the terms of the agreement, which closed on November 16, 2020, Cannabis Global acquired all technologies, IP and assets of Ethos. The Company believes the current generation of cannabis transport and security products has not advanced to keep pace with the industry. All states where cannabis has been legalized require cultivators, processors, and distributors to track all shipments, and shippers need to ensure the exact contents of what is shipped to be received by the intended recipient. The new products to be released by Cannabis Global are designed to meet these needs.
Ethos Technology was founded by cannabis industry veteran and Cannabis Global co-founder, Edward Manolos. He noted that although other aspects of the sector were maturing, the industry standard was to store cannabis in turkey bags and mason jars. Mr. Manolos worked collaboratively with many top state and local regulators and politicians to help design a solution for safe and compliant transportation. Mr. Manolos is one of the most accomplished pioneers in the medical marijuana industry, having opened the very first medical marijuana dispensary in Los Angeles County in 2004, called CMCA. He is also credited with starting Los Angeles’ first medical marijuana farmers’ market referred to as “The California Heritage Market,” which attracted local and international media attention and is a senior member of the Board of Directors of Marijuana Company of America, Inc. (OTC: MCOA).
About Cannabis Global, Inc.
Cannabis Global, Inc., formerly known as MCTC Holdings, Inc., is a fully audited and reporting Company with the U.S. Securities & Exchange Commission, trading with the stock symbol CBGL. The Company is an emerging force in the area of cannabinoid sciences and highly bioavailable hemp and cannabis infusion technologies. The Company does not engage in the production, distribution, or sales of any controlled substances, including marijuana. The Company has an actively growing portfolio of intellectual property having filed six patents in the areas of cannabinoid delivery systems and cannabinoid polymeric nanoparticles. The Company markets its consumer products under the Hemp You Can Feel(TM) brand name. Cannabis Global launched its Project Varin early in 2020, to develop new delivery methods for rare cannabinoid Tetrahydrocannabivarin (THV-C) and to develop products based on this cannabinoid.
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Twenty percent of those aged 18-29 said they use CBD products, followed by 16 percent for ages 30-49, 11 percent for 50-64 years old and eight percent for those aged 65 years or older.
An average of 50 percent of Americans 18 years old or older said they don’t use CBD products, while 35 percent said they are not familiar with them.
Those aged 65 and older were the least familiar with CBD — 49 percent said they don’t know CBD products, compared to between 26-36 percent for the other age brackets.
Information is becoming a catalyst for CBD Use.
CBD products also seem to be more popular in the western U.S., with 21 percent of western respondents saying they used the products, compared to 11-13 percent for the rest of America.
Women are more likely to use CBD for anxiety than men (25 percent versus 14 percent), and men are more likely to use it for sleep (15 percent versus eight percent).
While CBD is marketed for many other purposes — such as for stress, muscle soreness, inflammation, for pets, and as skincare — five percent or less of respondents said they use it for those reasons.
The Federal Drug Administration (FDA) in the U.S. is still researching CBD’s uses and effectiveness.
Gallup concludes that while right now CBD is used most by younger people, older Americans stand to gain the most from the products as it can help them with the aches and pains that come with age.
Familiarity is fairly similar across societal groups, including by gender, party ID and most age categories. However, half of seniors vs. roughly two thirds of those under 65 know something about it.U.S. Adults’ Familiarity With CBD Oils.
Aware Americans Think CBD Is Beneficial
Nikki Fried as AG Commissioner has instituted Hemp Innovative
Those who are familiar with CBD oils credit the substance with having health benefits,
Confidence in CBD is also much greater the more people know about it.
The CBD-oil arena is extremely active right now, including medical research into its benefits, state legislation governing its sale, federal legislation encouraging its production and corporate investment growing in the business. According to Forbes, retail sales for CBD products were between $600 million and $2 billion last year but are expected to grow to $16 billion by 2025.
It’s a long list when you’re looking at the states it’s legal to grow hemp in 2019 — especially since only three states in the entire country didn’t make the cut.
That said, the restrictions placed by agricultural departments at the state level can severely impact the opportunities for hemp growers.
The 2018 Farming Bill paved the way for farmers to cash in on this incredible crop. However, it’s necessary to research the laws in your state before you get your hopes up. In addition to looking at the current regulations — with so many legislatures reviewing laws regarding industrial hemp growing — you’ll want to keep an eye on what’s potentially coming down the pipeline as well.
Industrial Hemp Farming – Where Is It Legal?
The industrial hemp farming act removed the plant from the list of controlled substances. The 1937 Marihuana Tax Act ban included hemp. However, farmers grew it in locations like Kentucky during the 1950s! It was also widely grown during World War II due to its many uses, which we discuss later on.
The Bill didn’t legalize CBD, nor did it guarantee the legal operation of an industrial hemp farm in every state. It made it clear that states had to develop a plan and submit it to the United States Department of Agriculture (USDA). Therefore, states are allowed to prohibit the growth of the plant.
The Farm Bill didn’t legalize CBD, nor did it guarantee the legal operation of an industrial hemp farm in every state.
At present, Idaho stands alone as the only American state to prohibit industrial hemp cultivation. Both Mississippi and South Dakota passed legislation in hemp’s favor in 2020. Incidentally, both states also legalized medical marijuana in November 2020. South Dakota went a step further. Recreational cannabis could be on sale in SD from 2022.
According to News America, Indiana is now one of the twenty-nine states with approved hemp licensing for commercial businesses.
Many states have submitted their plans for approval. Others have yet to do so and are happy to fall back on the Farm Bill regulations.
If you intend to grow hemp, there are plenty of considerations. Too many farmers are seduced by the potential riches that await them. Some estimates suggest one can earn $100,000 per acre. Of course, you must subtract a myriad of expenses. Nonetheless, this is less of an issue if you grow over 100 acres of high-quality hemp! In most states, up to 90% of all hemp is developed for the CBD industry. This is a shame because it is a crop with phenomenal potential.
What Are Industrial Hemp’s Uses?
The number #1 use of the crop is for the billion-dollar CBD market. It is understandable but limits the potential of this fantastic plant. If you think long and hard, you could develop a long list of useful industrial hemp products. Remember, this is a crop that once dominated the American landscape. Estimates vary, but it is believed that you can make approximately 25,000+ products from the plant!
The settlers at Jamestown in Virginia grew the crop in the 17th century; it was mandatory! Copies of the Bible were made with hemp paper, as was a draft of the Declaration of Independence. Humans used the crop for centuries with industrial hemp fiber, a particular favorite. In the early 1900s, hemp-derived cellulose was championed as a renewable and affordable raw material for plastics.
The key will be to get yourself situated in a state where it’s legal to grow hemp in 2019, and then get your hands on the right seeds and clones to ensure you have the highest quality crop come harvest time
The article also stated Indiana has started accepting hemp cultivation and processing licenses in November for the 2021 growing season. The state is offering one general hemp license and another one for agricultural hemp seed production. Applicants are also required to submit their personal address, GPS coordinates, where the hemp is located and a legal description of the property used for the hemp operation.
Many other states are also currently negotiating commercial hemp licensing plans with the U.S. Department of Agriculture as farmers increasingly seek to grow hemp for manufacturers seeking cannabidiol (CBD), cannabinol (CBN) and cannbigerol (CBG) for oils, lotions, foods and beverages. With more than 25,000 uses for hemp, farming hemp for textiles, insulation, pet bedding and more are increasing at an exponential rate.
(Source/Credit: News Americas Now)
One theory posits that hemp’s ability to replace synthetic materials such as plastic and nylon was a primary reason for its prohibition. You could make the argument that hemp was a threat to certain industries. DuPont produced neoprene in 1930, for example. However, the same company didn’t invent and patent nylon until the mid to late 1930s.
Incidentally, there is disagreement over the year that nylon was patented. Some sources suggest it was 1937, pbs.org suggests it was 1935, and other sources say it was 1938.
Regardless of the year, the anti-marijuana hysteria in the United States was already at a fever pitch by the mid-1930s. Perhaps the likes of the DuPont family were heavily involved in the Marihuana Tax Act of 1937, though we’ll never know.
What we do know is that the world was robbed of an incredible resource for decades. There are thousands of uses for hemp. Perhaps one of the most important is as a replacement for plastic. Hemp plastic is an eco-friendly alternative to the carbon-based plastics we use today. The hemp version is usually recyclable and biodegradable.
Is it a viable alternative for plastic, however? Can hemp even replaceplastic?
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