12/24/2021 - Inspirational Technologies

Posted on 12/24/202112/27/2021 by Steven M Smith — Leave a comment

Hemp – To Be Used as Livestock Feed – Unlocking More Potential for the Cash Crop

Las Vegas, NV, Dec. 24th, 2021, Happy Holidays from Inspirational Technologies!

Last Minute Thoughts before the New Year’s Celebration Reminds Us of Our Resolution’s and the effects on us post endeavor. In other words, think about Pain Creams, Skin Care and Your Health in General. And not only Your health and care, but also your loved ones. So Inspirational Technologies recognizes hempSMART as our go to product for the New Year 2022. You can find more information below, after our Blog Post on our livestock benefits. Thank you, for your consideration – Steven Smith, Founder, Inspirational Technologies (2014)

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Hemp Used as Livestock Feed Unlocks More Potential for the Cash Crop

Recent reports on the benefits of using hemp as livestock feed and how it can unlock more opportunities as this cash crop continues to flourish at an exponential rate. After almost being entirely eliminated from the American landscape in the 1950s, Congress finally made it legal in 2018 to grow hemp in America again.

Recognizing that not all cannabis plants were bred to have high concentrations of THC allows for segments of the agricultural sector to cash in on the hemp crop too.

While hemp is primarily grown to produce seed, fiber, medicine and oil (and has thousands of uses), the byproducts that remain after harvest could serve as feed for animals.

This may include leaves, fodder and residual plant fibers. Since these byproducts are predominantly “cellulose-containing plant materials” the best type of animals to utilize these byproducts are ruminants (cattle, sheep, goats, buffalo, deer, elk, giraffes and camels) because of their unique digestive system.

This opens the door for segments of the agricultural industry to take advantage of opportunities in the hemp market by using hemp as animal feed.

While the 2018 Farm Bill made it legal to grow hemp, feed ingredients, including hemp, fall under the jurisdiction of the FDA (Food & Drug Administration), thus hemp growers are still petitioning the government to approve the plant as livestock feed.

According to the VP of the Hemp Feed Coalition, “large scale hemp production will create inexpensive byproducts that are valuable as animal feed ingredients. Hemp seed meal provides high values of nutrition, such as complete protein, omega-3 and mega-6 fatty acids.” (Source reveals) To realize these benefits, the Hemp Feed Coalition is working to gain federal approval for hemp and its byproducts as an animal feed ingredient. In an article published a few months ago, “prior to prohibition in 1937, wild hemp grew freely across North America and was a natural part of the diet of all grass-grazing animals, including cows, goats, sheep and bison.

Even pasture-raised chickens pecked at the plants, which means CBD, small amounts of THC and all the other cannabinoids we’ve since discovered were also a natural part of the human diet, via meat, milk and eggs.”

Hemp Industry Daily says the animal-feed ingredient approval process typically takes up to four years, but FDA authorities have promised to fast-track it, reducing the process to 1-2 years.

As of today, hemp as a feed ingredient, is not approved by the Association of American Feed Control Officials (AAFCO) or the FDA Center for Veterinary Medicine.

Approval from these entities would unlock more opportunities of what the cash crop has to offer. Industrial hemp has nearly unlimited potential and the surface of that potential has only been scratched. Much more remains to be discovered about the possible uses of the robust, multi-purpose substance.

Federal legislation in favor of hemp and many state approvals across the country, have been a boon to the industry.

And with immense profits to be made, there is no doubt that companies in the industry, will benefit from it.

The number of consumer products made from hemp is already mind-boggling. From personal care items to fuel, the list seems to be endless.

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Posted on 12/22/2021 by Steven M Smith — Leave a comment

How ‘Village’, – A Cannabis Brand – Backed By Al Harrington with Other Black Investors, Plans to Diversify the Industry

How Village, A Cannabis Brand Backed By Al Harrington with Other Black Investors, Plans To Diversify The Industry

According to a recent study, the cannabis industry has witnessed a growth of 50.92 percent in 2020 alone and the numbers are projected to increase to 32.04 percent within the decade. While this may be a celebration for some as marijuana continues to become steadily legalized in more states, the reality is minorities are not reaping the benefits.

Village — founded by Al Harrington and Dan Pettigrew — is looking to change that by ensuring women and minorities will be at the forefront of the industry. with reports, the company plans to become a multi-state operator distinct from its competitors and promote social equity in the cannabis industry.

“The concept for Village is to work through the application process as well as through mergers and partnership, to develop a platform so that minority-owned cannabis brands can exist,” Pettigrew has said. “Every state is regulated differently. Getting into these markets has proved challenging.

With states such as New York planning to issue social equity cannabis business licenses to African Americans and other groups displaced by the War on Drugs, Village LLC is positioning itself as a Black-led player in the space.

Entrepreneur Dan Pettigrew and 16-season NBA player Al Harrington launched Village LLC in 2019, about eight years after the launch of Viola, the premium cannabis brand named after Harrington’s grandmother who treated her glaucoma with cannabis.

Their goal for Village is to build a multi-stateoperator not unlike larger businesses, but with a majority of key executives being women or minorities.

At the moment, only about 3% of cannabis companies are run by women or minorities. While states have awarded valuable business licenses to people of color in the past, it’s been costly and challenging to get financing and build a viable business. Many license holders are then forced to sell to larger companies led by a less diverse lineup of executives.

Village LLC has raised $6 million in backing from African-American investors and their family offices. The company is currently completing a $30 million debt deal and a joint venture valued at about $18 million. Since the transactions are not yet complete, Village declined to provide details.

-“This initial route is competitive and exciting for many of us. Some of us have been at this for a while.

However, remember, Only the strong willed, will survive.”

Steven M Smith

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Posted on 12/21/2021 by Steven M Smith — Leave a comment

Cannabis Global, Inc.: Cannabis Global Reports Significantly Increased Revenues for the Fiscal Year End – Files Annual Report

LOS ANGELES, CA December 15, 2021, Cannabis Global, Inc., an innovation-oriented company investing in disruptive cannabis technologies, today announced the filing of its annual report for the fiscal year ended August 31, 2021. Revenues for the fiscal year grew to just over $1.6 million, compared to approximately $27,000 for the previous fiscal year.

Growth was attributed to increased sales and distribution of cannabis products across a broad array of product ADVERTISEMENT lines, including cannabis flower, edibles, and concentrates. “We are pleased with the strong growth of our distribution and manufacturing businesses via Northern Lights Distribution and Natural Plant Extract of California, respectively,” commented CEO Arman Tabatabaei.

“The customers generating our growth are ordering consistently into this current fiscal year and in some cases are expanding orders and revenues with us. With strong revenue growth and pending new product introductions we remain confident moving into calendar 2022. Our major emphasis moving forward will be to improve profitability especially relating to our high cost of capital to better ensure our bottom line matches the strength of our revenue growth.” CBGL has recently announced the addition of several new product categories, including solventless extracts, infused cannabis pre-rolls and innovative categories of cannabis edibles, which are expected to be released near or after the new year. Mr. Tabatabaei continued, “While this past fiscal year was a year of acquisition, product development and of positioning our products and distribution efforts into an increasingly competitive California cannabis market, we anticipate this current fiscal year being one of emphasis on profitability, new product introductions and full utilization of our suburban Los Angeles manufacturing and distribution facilities.”

At the Lynwood facility, the Company plans to manufacture various cannabis edibles based on its internally developed intellectual property, including its high melt cannabis edible technologies specifically designed for the temperature extremes of cannabis delivery.

Cannabis Global also plans to utilize its distribution license to capture the entire production and distribution revenue stream relative to products produced at Lynwood. “We are now in a fortunate position to have a strong combination of proprietary technologies for cannabis edibles, licensed manufacturing, and licensed distribution capabilities,” commented Arman Tabatabaei, CEO.

“We plan to begin production and marketing of unique cannabis edibles under the Northern Lights brand name. Since we control both manufacturing and distribution licenses, we will be able to maximize our revenue and profit opportunities. We are particularly excited about our ‘high melt’ technology that allows us to manufacture cannabis edible products with unique thermal protection properties, which we believe offers an advantage relative to the hot Southern California climate and cannabis delivery services, which are certainly growing in popularity.”

Cannabis Global’s product lines to be produced and distributed out of the Lynwood, California facility will be marketed under the Northern Lights brand name. The Company plans to target both the mass market via economy brands and the high end of the edibles marketplace via offerings with exceptionally clean labels based on natural ingredients and solventless extracts. The Company is in the final stages of completing the brand redesign with a top brand designer for Northern Lights

About Cannabis Global, Inc.

Cannabis Global, Inc. is a Los Angeles-based, fully audited and reporting Company with the U.S. Securities & Exchange Commission, trading under the stock symbol CBGL. We are an emerging force in the cannabis marketplace with a growing product and proprietary intellectual property portfolio. We are marketing and producing Comply Bag, an innovative solution for cannabis storage, transport and tracking. Our subsidiary, Natural Plant Extract (NPE), is a Southern California licensed cannabis manufacturer and distributor which licenses our technologies to produce edibles for the cannabis marketplace. Cannabis Global has filed three non-provisional and multiple provisional patents for cannabis infusion and nanoparticle technologies and continues an active research & development program.

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Posted on 12/13/2021 by Steven M Smith — Leave a comment

Aurora Cannabis Again Scores Highest Among Cannabis Corporate Boards in The Globe and Mail’s Board Games Report

EDMONTON, AB, Dec. 13, 2021- Aurora Cannabis Inc. The Canadian company defining the future of cannabinoids worldwide, is pleased to acknowledge the Company’s increased ranking in The Globe and Mail’s 2021 annual Report on Business review of Corporate Boards, known as Board Games.

As recognized in the 2021 Board Games results, Aurora received 77 out of 100 eligible points, ranking notably higher than others in its peer group of cannabis companies.

Aurora Cannabis Logo (CNW Group/Aurora Cannabis Inc.)

For the 20th year in a row, Report on Business has assessed the

boards and governance practices of Canada’s largest corporations

within the S&P/TSX Composite using a rigorous set of governance criteria

designed to go beyond minimum mandatory rules imposed by regulators.

Evaluated across four categories including Board Composition,

Shareholding and Compensation, Shareholder Rights, and Disclosure,

Aurora’s 2021 score signifies a considerable improvement from the previous years’

results of 72 and 67 out of 100 in 2020 and 2019, respectively.

See the source image

Ronald Funk, Chairman of Aurora stated, “With each passing year,

Aurora continues to exhibit growth and maturity across all areas of the business.

Our improved ranking in the 2021 Board Games report is a strong indication

of the progress we are making as an organization as we continue to identify ways

in which our policies and practices can better serve our stakeholders.

I am proud and honored to be part of a Board that stands out from

its peers and demonstrates strength in governance, strategic direction and accountability.”

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Posted on 12/09/2021 by Steven M Smith — Leave a comment

Bipartisan Bill Demands FDA to Regulate Hemp-Derived CBD Food

Dec. 09, 2021, House lawmakers introduced the CBD Product Safety and Standardization Act, last week, that will “establish federal standards for CBD food and beverage products in order to protect consumers and provide marketplace stability for farmers and retailers”.

New Bill Would Legalize CBD in Food and Beverages

The Bill would require the Food and Drug Administration (FDA) to develop regulations for food and beverages containing hemp-derived CBD and allow for their interstate commerce.

This is a huge development in the hemp industry that will be beneficial to consumers. Ever since hemp and its derivatives were declared federally legal under the 2018 Farm Bill, the industry has been waiting for clear rules and regulations with regard to food and beverages infused with hemp-derived CBD.

The bipartisan CBD Product Safety and Standardization Act of 2021 will establish the clear regulatory framework needed to provide stability for businesses that sell hemp-derived CBD foods and beverages and ensure unsafe products stay off the shelves in order to ensure consumer safety.

Capitol Hill 2019

Current FDA regulations do not reflect the new reality of how much hemp-derived foods have surged and as a result,

“adulterated or unsafe products are available that threaten consumer health”.

To read the full CBD Product Safety and Standardization Act of 2021 submitted, here.

U.S. lawmakers introduce. “CBD Product Safety and Standardization Act of 2021”

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Posted on 12/06/2021 by Steven M Smith — Leave a comment

The Industrial Hemp Industry: An 18.6 Billion Dollar Market by 2027

Industrial Hemp Industry: An 18.6 billion Dollar Market by 2027

If the title on the Industrial Hemp Industry does not get your attention, how about how “Hemp Will become The New, Bold, Industrial Commodity, Set to Change the Way We envision our future environmental and industrial movement into bioengineering plant and construction development.” This acknowledgement quoted by Steven Smith, Founder of “Inspirational Technologies”, on how the industry has been unfolding and continues to unfold amid technological innovations, has been quoted as “A Bold Statement” from some, however, as being seen from the grower to the manufacturer, and from the growing facility to the end consumer, ‘Bold Technology’ is transforming the industrial hemp industry in unimaginable, riveting ways for everyone.

See the source image

For those outside the industry, the big, bold question is, “How?”

Well, according to the latest Allied Market Research Report, it’s the technological advancements in cultivation and machinery that are able to develop hemp plants more efficiently.

These continual advancements are astounding, projecting the global industrial hemp market to “reach $18.6 billion by 2027, growing at a CAGR of 22.4% from 2021 to 2027.”

The source cites, the “rise in usage of hemp seed and hemp seed oil in several food applications, increase in awareness regarding advantages of recreational hemp, and surge in demand for hemp-based beauty and personal care products drive the growth of the global industrial hemp market.

However, complex regulatory structure for the use of industrial hemp hampers the market growth. On the contrary, technological innovations are expected to create lucrative opportunities for market players in the future.”

Lucrative opportunities? Yes… a resounding yes.

Industrial hemp has nearly unlimited potential and the surface of that potential has only been scratched.

Much more remains to be discovered about the possible uses of the robust, multi-purpose substance.

Federal legislation in favor of hemp and many state approvals across the country have been a boon to the industry. And with immense profits to be made, there is no doubt that companies in the industry, including Inspirational Technologies, will benefit from it.

The hemp industry has evolved into an environment where the imaginations of creative scientists and inventors, and business savvy entrepreneurs, will now be fully unleashed, leading to a cascade of innovations and surprising twists and turns.

Advanced technology in hemp will broaden product lines, increase efficiency, and boost production levels, ensuring ample funding for research and development for years to come. Technological innovation in the industrial hemp industry is already making a huge impact on several areas of the industry. The number of consumer products made from hemp is already mind-boggling.

From personal care items to fuel, the list seems to be endless.

Hemp is here to stay, and innovators will discover new ways to exploit the remarkable qualities of it.

Technological innovation will be the component to gain an edge in a highly competitive marketplace which will undoubtedly take the industry in some exciting and unpredictable directions, and “Inspirational Technologies” will be at the forefront.

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Hemp Used as Livestock Feed Unlocks More Potential for the Cash Crop

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How Village, A Cannabis Brand Backed By Al Harrington with Other Black Investors, Plans To Diversify The Industry

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