Posted on 02/23/202202/23/2022 by Steven M Smith — Leave a comment

Inhalers, Patches and Smart Cannabis Dosing, Oh My! RYAH Group ‘One to Watch’

RYAH Group Inc. Is ‘One to Watch’

The company is a leading developer of dose-measuring IoT devices connected with its turn-key platform designed to aggregate and correlate HIPPA-compliant data, suitable to all participants in the patient treatment cycle. The company also specializes in customized, fully integrated, mobile applications and APIs, specifically designed to meet the needs of clinics, clinical trials, government and university research centers, for experimentation and treatment validation – significantly reducing variations in patient-related trials. RYAH unlocks data in the complete therapeutic plant lifecycle – from seed to consumption.

RYAH Group is a technological leader in the plant-based treatment market with its unique combination of proprietary IoT devices and data analytics, supported by patented AI technology

The company’s products pair a growing ecosystem of therapeutic plants with top-rated apps, devices and services
RYAH offers a complete remote dosage delivery and dose-monitoring platform based on data-driven analytics supported by prescribing doctors and their patients
The company is finalizing its anticipated listing on the Canadian Securities Exchange
RYAH holds a unique position on the $100.3 billion medical plant market, with the potential to capture footholds in both the IoT and Data Intelligence industries

Since it began developing and commercializing its smart inhaler solution in 2018, the company has evolved a complete IoT device and data analytics platform that includes multiple delivery mechanisms, designed to capture anonymous patient dosing and feedback, combined with detailed strain analytics, enabling customized dosing regiments. The company has secured numerous partnerships across the globe, including establishing a footprint in the UK, USA, Australia and Canada, and it has closed several deals in the European Union, as well. The company’s Smart-Inhaler has been selected as the dose-measurement, dose-control and data analytics platform for a UK pain management study and one of the world’s most ambitious and largest clinical trials ever to be conducted in cannabis. Product Portfolio The company’s current portfolio incorporates an ecosystem of IoT products, each consisting of three elements: the device, the medicine-carrying component and the mobile application. The product line currently includes a Smart Dry-Herb Dose-Measuring Inhaler in the commercial stage, a Smart Transdermal Patch in the production stage and a Smart Liquid Dispensing Pen in the prototype stage.

RYAH Smart-Inhaler

The RYAH Inhaler is the first dry-herb inhaler that allows users to track and control how much is inhaled, providing consistent and predictable results. This inhaler connects with the RYAH Health App, which features stat-tracking and presets for temperatures and dosages, all of which can be customized to individual needs and doctor recommendations, as well as a post-session review mechanism that allows the collection of session data and feedback for further efficacy analysis for customized dosing capabilities. RYAH’s proprietary stainless-steel cartridges for the inhaler use QR technology that contains lab testing and grower information pertaining to the specific strain, thereby mitigating elicit product use and enabling completely transparent remote medicinal analytics, from seed to consumption. In addition, the RYAH Cartridges provide a unique closed-loop recurring revenue opportunity for the company, as the RYAH Inhaler only works with this type of proprietary cartridges that licensed partners fill with medicine. The partners benefit from all the back-end data, providing them access to consumption habits, statistics and other data on patient preferences.

RYAH Smart-Patch

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The RYAH Smart Transdermal Patch is a lightweight, reusable, mobile-controlled patch used for site-specific therapies. The Patch is an Electronic Topical Delivery Patch system intended for recommendation and administration by pain relief professionals and physical and occupational therapists. The patch data and the heating element is completely IoT and controlled by RYAH’s proprietary smartphone applications, which allows scheduling and ‘boosting’ medicine release, on-demand.

RYAH Smart-Pen

The RYAH Pen is an app-controlled liquid dispenser designed to provide a precise mix of up to three medicine components to create an ‘entourage effect’, enabling customized, wide-spectrum recommendation opportunities by licensed clinicians. The Smart-Pen will feature cartridges that contain CBD, THC and other isolates such as flavonoids or vitamins, or other solutions. There is a built-in mechanism designed to control usage based on recommended dosing schedules. RYAH MD RYAH MD serves as a remote and interactive patient-doctor collaboration and dosing administration platform. Doctors can remotely set dosage amounts for their patients, creating digital prescriptions for the RYAH IoT devices and tracking patient usage in real-time. RYAH MD offers features that include real-time monitoring, appointment booking, doctor-patient video calls and science-based strain recommendations, as well as promoting a better understanding of the effects and benefits of those recommendations among patients. Information is gathered from all of the RYAH devices.

PotBot App

The PotBot App is a medical cannabis education mobile application that leverages patented AI technology to capture structured and unstructured data to assist patients in learning about various treatments in plant-medicine based on their efficacy goals.

The PotBot App is currently one of the top-rated medical cannabis educational mobile applications on the Apple App Store in the United States, with over 300,000 downloads. Through the combination of peer-reviewed and empirical data, the PotBot App provides detailed information on the targeted and tested cannabinoid levels and associated strains from cannabis patients.

The result is personalized and driven by data to inform patients of potential product matches associated with similar ailments and efficacy goals.

Market Outlook RYAH holds a unique position in the $100.3 billion medical plant market, with the potential to capture and capitalize on growth opportunities made available by both the IoT and Data Intelligence sectors. In 2018, the global IoT market was valued at $212.1 billion, and it is expected to grow exponentially to $1.3 trillion by 2026, registering a CAGR of 25.68%. Management Team Dr. Boris Goldstein, Ph.D., is the founder and Chairman of RYAH Group. He is a seasoned entrepreneur, investment banker and venture capitalist. He started his career as the founder of Software House HT, which grew into a worldwide corporation with over 40 offices in 17 countries. Since then, Goldstein has founded and served on the boards of directors and advisory boards for numerous companies in Silicon Valley and Silicon Alley. Goldstein brings experience in fundamental research, investment and technology, authoring multiple patents and books. Gregory Wagner, MBA, is Chief Executive Officer and Director of RYAH Group. He has over 20 years of experience in global financial markets and entrepreneurship. Wagner has held executive roles in the United States and London. He has co-founded and built several startups from the ground up. His current licensures and degrees include FINRA Series 7, 63, 24 and 55, as well as an MBA from Fordham University. Wagner received a Certification in Innovation and Strategy from Harvard University.

TORONTO, ON February 17, 2022 / RYAH Group, Inc. is pleased to announce a collaboration with the University of Milan, Italy to conduct permeation and effectiveness testing of a new wellness line of topical patches developed by RYAH and specifically designed for the RYAH Smart Patch system.

A team of scientists at the University will be conducting various tests (1) to determine permeation effectiveness of vitamin and nutraceutical patches as an alternative slow-release, non-digested solution to consumer intake, and (2) using the RYAH Smart Patch ‘boost capability’ to monitor and calculate the effectiveness precise, intermittent heat has on the delivery of the patch loadings. The project is being led by Professor Antonella Casiraghi, PhD, Researcher and Professor in charge of formulations and pharmaceutical technology, and Professor Paola Minghetti, Head of the Faculty of Pharmacy at the University of Milan. The project will be coordinated locally by Andrea Ferrari, Head of RYAH European Business Development and based in Italy.

The global nutraceuticals market is anticipated to reach US $441.7billion by 2026 with a CAGR of 7.8%. In 2021, the United States accounted for 34.57% of the global Nutraceutical market or $104.5 billion. Nutraceuticals are significantly increasing in popularity in recent years as a result of the rise of preventative care, the COVID-19 pandemic, changes in various trends including changing lifestyles, evolving dietary habits, aging population, and increased life expectancy.

There have been a number of research papers that discuss the potential for increased permeation of certain topical formulations when exposed to a reasonable increase in heat. A 2017 paper, published in Expert Opinion on Drug Delivery, suggested heat as a possible design feature to improve transdermal drug delivery and effectiveness.

The RYAH Smart Patch is an IoT powered connected device that provides deep insights, giving consumers the ability to monitor and track their patch formulation usage, body location of patch, length of use, and personal effectiveness. The Smart Patch also offers a pre-scheduled or ad hoc ‘boost’ capability for specific formulations that may experience increased permeability with a precise, controlled, and gentle heating capability.

“We are pleased to be engaging in another meaningful research project with our partners at the University of Milan. This new project follows an ongoing, ambitious collaboration with the Department of Chemical Analysis led by Professor Gabriella Roda, with the objective to publish a scientific study on the performance of the RYAH Smart Medical inhaler. RYAH remains committed to providing effective delivery solutions combined with powerful data insights across a wide range of medicines, vitamins and nutraceuticals. The development of our wellness line combined with the RYAH Smart Patch system, is a perfect example of our commitment to keep current with important consumer trends in this expanding industry,” said Gregory Wagner, C.E.O. of RYAH Group, Inc.

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Posted on 02/23/2022 by Steven M Smith — Leave a comment

Hempcrete Builds Momentum in Certification by International Building Code Council in March 2022

Las Vegas, NV, Feb. 22, 2022, The dream green building material for many building professionals may be one step closer to being certified as one of the United States’ national building materials in the US building codes, as reported that hempcrete was submitted as an appendix in the International Residential Codes (IRC) last month by the US Hemp Building Foundation.

The International Code Council experts are set to evaluate the paperwork submitted in March 2022 and then again in September 2022.

Once accepted, hempcrete will be an approved natural building material in the United States.

According to the news source, once hempcrete is approved or certified as a national building material, the material will be “accessible to the standard person to construct with” and “allow you to build with it without needing an alternative material variance.”

Certification of hempcrete will ultimately help permitting departments gain more familiarity with the material which is new to many since legalized under the 2018 Farm Bill, especially since it has a big barrier.

The barrier?

Many building professionals aren’t familiar with it or think it’s a substitution for concrete or think it’s something to get high on.

Yes, it’s a green dream to some but still unknown to others. And then there are the states that make getting a permit for hemp a bit tricky.

Since “no national guidelines, test methods or specifications for hempcrete exist” and building codes differ across the board, approval “depends on whether local officials embrace innovation”.

The US Hemp Building Association has been trying to establish “best practices and rules for acceptance” by the IRC and many are optimistic that new hempcrete codes will spark a “groundswell of interest”.

This shouldn’t be too hard with all the benefits hempcrete offers.

The insulation material “resists mold, fire and pests” and practically lasts forever.

Not to mention, it absorbs carbon.

One source noted that “hempcrete, the non-structural insulation made of hemp hurd (shiv) and lime binder, provides a superior insulation product when installed up to 1 foot thick in wall assemblies.

The material is vapor-permeable, thermally regulating, fire resistant and repels mold and pests.

Hempcrete insulation is carbon negative due to the large amounts of carbon sequestered by the hemp plant via photosynthesis while growing.

” The building industry is very “traditional” and doesn’t see many “new” materials.

Most of the materials used in the building industry have remained the same for years and those same materials have some negative environmental and health impacts.

Hempcrete, on the other hand, is not only sustainable and green, but it also makes ecological and financial sense.

It’s favorable in many ways so when the IRC enshrines hempcrete as a certified natural building material later this year, the potential for the building industry could be huge.

To date, few farmers in this country grow hemp strictly for building purposes.

It’s mostly grown for CBD, bioplastics, food, or even mulch. One generally doesn’t see it grown specifically for hempcrete.

And farmers need “reliable customers and economies of scale” and to be in close proximity to a processing center or they’ll pay exorbitant prices for shipping.

Builders that do use it now, generally can’t get enough locally so they have to import it from overseas and the quality varies.

With the industrial hemp market growing exponentially, resources and contacts are invaluable.

The industrial hemp market is expected to reach $12.01 billion by 2028

and is expected to expand at a compound annual growth rate (CAGR) of 16.2% from 2021 to 2028,

per the most recent study by Grand View Research, Inc.

In other News, Actual Hemp Houses are being built as reported by

By Jean Lotus

The professional association representing the US hemp building industry moved forward to certify hemp and lime (hempcrete) insulation in US building codes this month. Hempcrete was submitted as an appendix in the International Residential Codes on Jan. 10 by the US Hemp Building Foundation, the non-profit arm of the US Hemp Building Association.

The idea is to give U.S. building permitting departments a familiarity with the material, which is new to the United States after hemp was legalized under the 2018 Farm Bill. “These documents will show a pathway for using hempcrete as a building material,” USHBA President Jacob Waddell told Let’s Talk Hemp. “The goal is to allow you to build with hempcrete without needing an alternative material variance,” he added. An international committee of hemp building experts and advocates prepared the paperwork to submit to the International Code Council. IRC code experts will evaluate the paperwork in March and again in September to enshrine hemp + lime as an approved natural building material.

Eventually, inclusion in the IRC should “allow for hempcrete to be accessible to the standard person to construct with it,” Waddell said. Hempcrete, a non-structural insulation made of hemp hurd (shiv) and lime binder, provides a superior insulation product when installed up to 1 foot thick in wall assemblies. The material is vapor-permeable, thermally regulating, fire resistant and repels mold and pests. Hempcrete insulation is carbon negative due to the large amounts of carbon sequestered by the hemp plant via photosynthesis while growing.

Used Widely in Europe The US building industry has some catching up to do when it comes to the international use of hemp in building materials. Hempcrete has been employed as a carbon-negative insulation for 30 years in Europe, as an insulating construction material for large department stores in the United Kingdom and multistory residential buildings and public facilities in France. Patchwork of US Building Departments Right now in the United States, builders, engineers and architects who want to use hempcrete must gain approval project-by-project in the absence of an overarching national code to point to, said Texas-based developer Ray Kaderli, of the Hemp Build Network. Kaderli’s company was just permitted by the city of San Antonio to build a hempcrete-insulated three-bedroom/two-bath 1,300 sq. ft. home. Kaderli, a member of USHBA, praised the organization for moving forward with certification for hempcrete. “With a new industry there are many things to do,” Kaderli said in an email. “This was one of the most important first steps. I’m grateful [USHBA] had the insight and discipline to focus in this direction.”

The certification process also leads the way to apply to certify hempcrete in the International Building Codes for commercial buildings in 2024, when the next application process begins, USHBA president Waddell said. The material still needs to pass various ASTM fire tests as well as tests for structural bracing, Waddell said, for which the foundation will continue to raise funds. Straw Bale Builders Paved the Way USHBA hired engineering and natural building consultants, including two straw bale construction pioneers who helped get straw bale construction certified in the US residential building codes in the early 2000s. About two dozen hemp-building experts worked on the IRC submission for countless hours since October, Waddell said.

Right now, the application submitted to the IRC only includes one-story structures to be insulated with hempcrete wall assemblies without extra engineering. This is a start that will be built upon to expand hempcrete’s role in the building codes, as more data and research is submitted and approved, Waddell said. “Submitting to the IRC is just the first step in a very long process to get hempcrete where we’re able to use it more readily,” Waddell said.

The USHBA has about 200 active members and raised about $50,000 through its foundation for certification expenses and a series of other projects, including workforce development and creating educational materials, Waddell said. The organization will host a members-only online event on Saturday, Jan. 30, where more information about the IRC certification will be shared. 6,000-sq. ft Hemp Home Befuddled Permit Officials

The Massachusetts building permit official who approved one of last year’s largest hempcrete projects built on US soil last year, was initially confused at the rough inspection of the Cape Cod Hemp House, said Mary Dempsey, of Mpactful Ventures.

“The building inspector took one look and said, ‘Wait a minute, where’s your plywood?’ Then he muttered, ‘I gotta go study these plans better,’” she told Let’s Talk Hemp. Even though the Cape Cod Hemp House relied on engineering approval and didn’t have difficulty getting a permit, Dempsey said including hempcrete in the IRC codes will help local building permitting authorities better understand how it works and what it can and cannot do.

Hempcrete will figure into the construction of eco-friendly homes and buildings.

Mpactful Ventures and Dempsey helped steer the USHBA study group to gather the paperwork and research together to submit to the IRC. “People from all over the world were helping by reading this [document] to hopefully move an entire industry forward,” Dempsey said. “I’m really proud to have been part of it.” This article also appeared in HempBuild Magazine.

Is It Possible to Reach Carbon Negativity?

It is possible to reach carbon negativity — but it will take a coordinated effort to reduce emissions from their source and a significant number of offsets to get there.

One of the best ways to realistically reach carbon negativity is to employ different methods of carbon reduction to complement lowering emissions from the source. These include nature-based solutions, enhanced nature solutions, and direct air carbon capture — all of which can be done directly by companies, or through offsetting projects, which is typically easier and more verifiable.

It takes effort, a coordinated approach, and conscious investment — both of money and time — to reach true carbon negativity. But it is possible, as some major brands and corporations are proclaiming they will reach this goal as early as 2030.

How Can Companies and Individuals Reach Carbon Negative Goals?

There are many simple and practical ways for people and companies to get within striking distance of being carbon negative. From there, it is up to them to make the extra effort to achieve this status associated with offsetting more carbon than they emit.

First things first, make sure all energy used in direct operations comes from renewables or other carbon-free sources, such as nuclear. This applies to company activities that directly use energy and individual activities that use energy within the home.

Next, it is imperative to reduce indirect emissions as much as possible. For a company, this can be done by reviewing a supply chain to find suppliers and logistics that create less emissions or by limiting employee Scope 3 emissions, such as those attributable to commuting to and from work. For individuals, this can be done by making smart choices outside the home, from riding that bike to eating that locally grown food.

Lastly, after you’ve tallied up the total carbon footprint for yourself or your company, invest in more offsets than the amount of carbon emitted. It is important to ensure that the offsets you purchase are verified and of good quality, ideally with co-benefits for nature and communities in areas that they are generated. Remember: one credit typically equals 1 metric ton of carbon removed from the atmosphere — you just need to buy one more credit than tons you’ve emitted to reach carbon negative status.

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Focal Point, deserving of research, development and the

4 Hemp key points Hemp Health Hope and Happiness.”

Posted on 02/20/202202/22/2022 by Steven M Smith — Leave a comment

Hemp, Nature’s “wonder crop” is in the spotlight again during the USDA Secretary’s recent tour of Lincoln University’s Dickinson Research Facility.

Las Vegas, NV, Feb. 15, 2022 Hemp, Nature’s “wonder crop” is in the spotlight again during the USDA Secretary’s recent tour of Lincoln University’s Dickinson Research Facility. reports today that hemp’s role in sustainable agriculture has garnered the attention of USDA Secretary, Tom Vilsack, as he recently announced that $1 billion in grants will be offered by the federal government to support climate-friendly farming when he toured the facility that studies agriculture.

According to the news source, grants under this program are intended to “engage agriculture, forestry and rural communities in the nation’s fight against climate change” and bolster sustainable agriculture.

What’s more climate-friendly than hemp? Environmentalists believe this “wonder crop” has the potential to make huge strides in the regenerative agriculture movement. Let’s take a look at why they believe that and how industrial hemp farming projects could see some of that $1 billion in grant money. First, hemp can improve soil health. It can be cultivated in almost any environment across the country regardless of the climate and generate high yields with a short 120-day harvest cycle (ideal for crop rotation).

Weed or wonder crop? How hemp harvests could transform the farming landscape

The self-sustaining Smartbox processes the hemp plant into high-value hemp seed oil that can be used as a biodiesel (some of which can fuel the Smartbox’s own generator), fuel pellets or livestock bedding, and hemp seed cake.

“As a cover crop, hemp restores degraded soil by blocking out the room for weeds – reducing the need for synthetic herbicides and adding diversity to crop rotations.” After harvest, hemp leaves behind biomass that can be “up-cycled into added-value products or returned to the soil, feeding essential nutrients back into the ground.”

Second, hemp supports bioremediation.

Bioremediation is when you use living things to heal and cleanse soil after years of toxic build-up. Hemp has a deep root structure and guards against weeds, naturally preparing the soil for rotation. One can liken hemp’s root structure to a vacuum cleaner – accumulating heavy metals and other toxins from the soil before it enters surrounding groundwater.

Third, hemp grows faster than trees and can “sequester large quantities of carbon dioxide back into the ground.”

Hemp is “a zero-carbon energy source with applications in biofuel.” In fact, scientists estimate that “for every ton of hemp cultivated, 1.63 tons of CO2 is removed from the atmosphere.” (Source) Overall, hemp, as the industry continues to mature, has the power to “lower the ecological impacts of food, fuel and fiber production, empower small-scale farmers and create jobs in a variety of industries.”

But while we praise this wonder crop, we have to remember a total hemp-based economy doesn’t automatically equate to a greener future. Yes, the industry is maturing but it’s up to the farmers to ensure that it’s grown in a way that heals the land, not destroy it like conventional commodity crops which erodes soil and externalizes pollution.

The Climate 21 Project (the funding program that’s part of a broader initiative) under the Biden administration outlines the steps the USDA can take to encourage farmers, ranchers and landowners to take up practices that scientists believe can help reduce atmospheric carbon. It “taps the expertise of more than 150 experts with high-level government experience to deliver actionable advice for a rapid-start, whole-of-government climate response coordinated by the White House” and accountable to President Biden.

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The Hemp Inc Company projects that it may be eligible to receive some of the $1 billion funding must “demonstrate climate-smart production practices, activities and systems on working lands; verify the carbon and greenhouse-gas benefits associated with those practices; and work to develop markets and promote their climate-smart commodities.”

The grants are available to local, county, tribal and state governments, small businesses and for-profit organizations, nonprofits and universities. Applications are being accepted for projects between $5 million to $100 million through April 8th but the deadline for pilot projects up to $250,000 is May 27th.

With the industrial hemp market growing exponentially, resources and contacts are invaluable. The industrial hemp market is expected to reach $12.01 billion by 2028 and is expected to expand at a compound annual growth rate (CAGR) of 16.2% from 2021 to 2028, per the most recent study by Grand View Research, Inc.

Inspirational Technologies – is Committed to Your Health Wellness Beauty and Enrichment

Reporting on Today’s Internal Botanical and Skin Product Benefits

4 Hemp Club was Inspired by Steven Smith’s vision

to “Have an older generation put the younger 4 H Club

envisioned. Our Platform Uses HEMP as an Agricultural

Focal Point, deserving of research, development and the

4 Hemp key points Hemp Health Hope and Happiness.”

Posted on 02/16/2022 by Steven M Smith — Leave a comment

Trulieve has completed the acquisition of an Operational 64,000 sq. ft. Cultivation Facility in Phoenix and Celebrates One Year Anniversary of Recreational Cannabis Sales in Arizona

TALLAHASSEE, Fla., Jan. 21, 2022 Trulieve Cannabis Corp In Recent News announced it has completed the acquisition of an operational 64,000 sq. ft. cultivation facility in Phoenix, Arizona.

Trulieve will pay $13.75 million cash at closing, with potential milestone payments subject to earn-out and escrow requirements.

“We are excited to close this acquisition which is in line with our strategic priorities. The facility strengthens Trulieve’s presence in the cornerstone market of our Southwest hub, as well as expands our cultivation capacity. We look forward to serving more patients and customers throughout Arizona with our high-quality, proprietary brands.” said Kim Rivers, CEO of Trulieve.

See the source image

The new cultivation facility immediately improves supply chain capacity and becomes Trulieve’s fifth cultivation facility in Arizona, supporting Trulieve’s 17 dispensaries in the state of Arizona with flower for medical patients and adult-use customers. Trulieve locations in Arizona include Avondale, Casa Grande, Chandler, Cottonwood, Glendale, Guadalupe, Lake Havasu, Mesa, Peoria, Phoenix, Scottsdale, Tempe and Tucson.

Trulieve is also celebrating it’s one year anniversary of Recreational Cannabis in Arizona which occurred shortly after voters approved Proposition 207, which legalized the possession and use of marijuana for adults. Proposition 207, also known as the Smart and Safe Arizona Act, was a voter initiative that appeared on the November 3, 2020 Arizona general election ballot. Passing with about 60% of the vote, the proposition allows for the legalization, taxation, and recreational use of cannabis for adults 21 and over. Proposition 207 includes a new statute (A.R.S. § 36-2862) that authorizes some people to petition a court for an order that will seal their marijuana-related criminal records. Eligible petitioners are those who were arrested, charged, convicted or acquitted of any of the below listed offenses based on conduct occurring before November 30, 2020.

Kim Rivers, CEO of Trulieve

“Arizona’s adult-use market has surpassed expectations in its first year and our local teams are thrilled to celebrate this milestone with our patients and customers,” said Kim Rivers, CEO of Trulieve. “We are excited to celebrate this milestone with our loyal customers as we continue to expand access to across the state.” Trulieve-affiliated dispensaries in Arizona are located in Avondale, Casa Grande, Chandler, Cottonwood, Glendale, Guadalupe, Lake Havasu City, Mesa, Peoria, Phoenix, Scottsdale and Tucson.

Posted on 02/08/2022 by Steven M Smith — Leave a comment

Canadians Love Their Beer! and Cannabis Outshines both Beer and Wine

The cannabis sector contributed $17 billion to Canada’s gross domestic product (GDP) for the year ending July 2021. Unlike beer ($9.3 billion sales) or wine ($8 billion sales), all adult-use cannabis sold in Canada is produced in Canada, magnifying the impact of cannabis on the country’s GDP.

“When you talk to them and you let them know that the GDP contribution right now is comparable to auto manufacturing, or to life sciences or even to dairy, when you show them those statistics they’re quite taken aback,” Khan told BNN Bloomberg in an interview.

“I’m hopeful out of this latest round of meetings that we will be able to get some sort of movement, the proof will be in the pudding, but I’m cautiously optimistic at this point.”

Rishi Malkani, a partner at Deloitte who heads the consultancy’s Canadian cannabis practice, added that cannabis has added to the government’s coffers as well as to the construction sector.

“Our hope with this report is that people would realize that the industry’s done a lot more than simply provide [licensed producers] with $4 billion of retail access,” Malkani said. “It’s loaded government coffers and it’s been a boon to the construction industry.”

Despite the layoffs, losses and the pandemic, the Canadian cannabis sector held its own, according to a new report released by Deloitte in conjunction with the Ontario Cannabis Store (OCS). “Deloitte said the cannabis sector has generated more than $15 billion in direct and indirect tax revenue for Canadian and provincial governments, while creating more than 151,000 jobs since Canada legalized recreational use of the drug in Oct. 2018,” said Omar Khan, senior VP of corporate and public affairs at High Tide

Racial Diversity and Environmental Impact – Lower Scores

The report also shed light on the lack of diversity in Canada’s cannabis industry as it re-examined a study by the University of Toronto that found that 72% of executives and directors in the sector identify as Caucasian males, while only 16% identify as racialized individuals.

It also highlighted the environmental impact that the cannabis industry bears, with 5,184 kilograms of carbon emissions being expelled into the atmosphere for every kilogram of dried flower produced. As well, between 5.8 million to 6.4 million kilograms of cannabis packaging were sent to landfills from 2018 to 2019 alone.

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Posted on 02/07/2022 by Steven M Smith — Leave a comment

Active Health Foods, Inc. announces joint venture with the Hub Craft, a licensed Massachusetts cannabis cultivator.

LOS ANGELES, CA January 6, 2022, Cannabis Global, Inc. and Active Health Foods, Inc. today announce the cannabis consumer brands to be included in their recently announced letter of intent to create a joint venture with the Hub Craft, a licensed and permitted Massachusetts cannabis cultivation, manufacturing, and retail company.

Cannabis Global

The proposed joint venture plans to bring the following Hub Craft brands into the California marketplace. 1. Freeway Cannabis by Rick Ross 2. Payton’s Place by NBA Star Gary Payton 3. TRUTH34 brand via Paul Pierce, 10x NBA All-Star, aka ‘The Truth’. The brand will include flower, vapes, bubble hash, pre-rolls, and edibles. 4. Whoopi Goldberg’s brand “Emma & Clyde” to include pre-rolls, flower, vapes, and edibles from the health-conscious brand “Emma & Clyde”.

Under the terms of the proposed joint venture, Cannabis Global, Active Health and The Hub Craft will form a California corporation to enter the California cannabis marketplace. In addition to being granted exclusive licenses on all Hub Craft products, branding, and associated technologies for the State of California, the joint venture will be provided an option to purchase a 51% controlling position in Hub Craft anytime within nine months of the effective date of the joint venture for a price of $15 million.

“Our Company, Cannabis Global, will add the licensed California cannabis component to this proposed joint venture. We are proud to add these brand names to the endeavor”, commented Arman Tabatabaei, CEO of Cannabis Global. “The California market is highly competitive, and branding is more important than ever. These powerhouse cannabis brands will be an impressive addition to our California marketing efforts”

We believe these brands will significantly increase the marketability of the future joint venture’s product offerings,” commented Mr. Glen Bonilla, CEO of Active Health. “With the competitiveness of the mature California markets, branding is proving to be a key competitive differentiator. We are looking forward to working with both Hub Craft and Cannabis Global to make these brands highly successful in the California market.”

While the executives of the companies have agreed to the proposed initial terms of the joint venture to address the California market as outlined in the non-binding letter of intent, no definitive agreement has been signed. Moreover, there are still a considerable number of details to be worked out before the companies would be able to finalize an agreement. Thus, there can be no assurance a transaction as contemplated will ultimately take place.

We are marketing and producing Comply Bag(TM), 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. About Active Health Foods Active Health Foods recently acquired CoinChamp, Inc., and the operations of CoinChamp now represent the operations of the entire Company. CoinChamp is developing a platform for the plug-and-play creation of non-fungible tokens.

More details will be disclosed in the near future. Glen Bonilla, President and CEO, is an experienced serial entrepreneur with an extensive banking background, years of managerial experience, and a fresh vision as a tech-savvy millennial CEO.

About The Hub Craft

The Hub Craft, LLC is a minority-led provisionally licensed business with future cultivation, manufacturing, and adult-use dispensary locations. Their facilities are currently in development in Clinton, Holyoke, and Fitchburg, Massachusetts. The Hub Craft is the exclusive distributor of TRUTH34, Emma & Clyde, Payton’s Place, and Freeway Rick Ross branded products in Massachusetts.

While the executives of the companies have agreed to the intent to merge, via a share exchange type of arrangement, as outlined in this press release, no definitive agreement has been signed. Thus, there can be no assurance a transaction as contemplated will ultimately take place. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results

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Statements in this website have not been evaluated by the FDA and are not intended to diagnose, treat, or cure any disease. Always check with your physician before starting a new wellness or dietary program. Please view our full terms of use agreement for more information and the terms and conditions governing your use of this site. Cannabidiol (CBD) is a natural derivative of cannabis plants that promote and support nutrition, health and wellness, as well as anti-aging. Source: US Government Patent #6,630,507: “cannabinoids as antioxidants and neuroprotectants.” Marijuana Company of America, Inc. (MCOA) does not sell or distribute any products that are in violation of the United States controlled substances act (US CSA) in California. MCOA grows, produces, sells and distributes solutions for health, wellness, and anti-aging companies. MCOA solutions include cannabis- and/or CBD/CBN-based elements. Where allowed, MCOA may sell or distribute solutions containing THC. For more information, please contact us. Marijuana Company of America · MCOA · Diversified Holding Company

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