02/16/2022 - Inspirational Technologies

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.

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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.

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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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Posted on 02/07/202202/08/2022 by Steven M Smith — 1 Comment

“1st Hemp USA” congratulates Idaho on being the 50th state to finally legalize industrial hemp. “We Now Have a Grown-Up 4-H Club” – Steven Smith

Las Vegas, NV, Jan. 31, 2022, 1st Hemp USA‘s spokesman and owner of Inspirational Technologies, a Health, Wellness and Beauty Company, Steven Smith congratulates Idaho on being the 50th state to legalize industrial hemp. “Inspirational Technologies” owner Steven Smith said that “1st Hemp USA’s News Outlet to the Media is by way of InspirationalTech.org and we are proud to have been promoting the legalization, from all states, since the 2018 Farm Bill was sign into legalization in late December 2018.

BOISE — Amid years of historic drought and a push for more sustainable resources to lower carbon emissions, industrial hemp legalization may have come along at just the right time for Idaho agriculture. Licensed handlers are allowed to process raw hemp materials into other materials, but they can’t grow the crop.

Hemp is believed to be one of the earliest cultivated crops in modern human history, but it only became legal to grow in Idaho last year. Farmers are beginning to receive licenses from the state to produce and handle the crop during this growing season for commodities such as insulation, paper, oil and food products.

“We Now We Have a Grown Up 4-Hemp Club” – said Steven Smith, who implemented the “4 Hemp Club” in his company rollout. All States had to comply in some fashion to this Government Legislation with a plan and implementation. Now that the deals have all been done, it’s time to analyze, just what has each state accomplished.

Steven Smith, Founder and Owner of Inspirational Technologies,

a Health and Wellness company in the US since 2014.

Thanks to House Bill No. 26 passing in Idaho’s April 2021 legislature, with an emergency clause that made the law effective as soon as it passed both chambers of the Legislature, approved farmers are now receiving their hemp licenses so that they can legally “produce and handle the crop during this growing season for commodities such as insulation, paper, oil and food products.” According to the news source, Idaho took a very “methodical and diligent approach” to what it would mean for the state to legalize the crop. Coupled, both of these factors are expected to result in the increased demand for high-quality cosmetics, personal care products, protein supplements, and other health food products, and are expected to drive the market over the projected period

Idaho’s industrial hemp legalization gives its farmers an opportunity to diversify their operations, potentially creating more opportunities to do business with other companies in the industry. Idaho Farm Bureau’s deputy government affairs director, Braden Jensen, said the Bureau has been “pushing for the policy change for the better part of the past 20 years, but the 2018 Federal Farm Bill that removed hemp from the controlled substances list made the issue a priority in the 2021 legislative session.” Idaho now has two licensing options for its farmers (handlers and producers). Licensed handlers are allowed to process raw hemp materials into other materials, but they can’t grow the crop. Licensed producers can grow and market the hemp crop.

Both licenses will require a background check on its owner that has to be renewed annually and producers will have their hemp lots tested for acceptable levels of THC (below 0.3%). If any sample of the lot tests higher than this threshold, the entire crop will either be destroyed or blended with a different strain to lower the THC amount. The news source said the state had about 60 applications in November of 2021 and as of today, 8 have been fully granted (4 handlers, 3 producers, 1 handler/producer). For those granted licenses, the news could not have come at a better time. The industrial hemp market is growing exponentially. A new report by Grand View Research, Inc. (October 2021) noted the global 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. The report also mentioned population growth and the rising per capita disposable income.

Twenty Years In The Making

Idaho Farm Bureau’s deputy government affairs director, Braden Jensen said the Bureau has been “pushing for the policy change for the better part of the past 20 years, but the 2018 Federal Farm Bill that removed hemp from the controlled substances list made the issue a priority in the 2021 legislative session.”

New Licensing System

Idaho now has two licensing options for its farmers (handlers and producers). Licensed handlers are allowed to process raw hemp materials into other materials but they can’t grow the crop. Licensed producers can grow and market the hemp crop. Both licenses will require background checks that will need to be renewed annually and producers will have their hemp lots tested for acceptable levels of THC (below 0.3%). 1st Hemp USA News

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

Mississippi Becomes 37th State to Legalize Medical Marijuana

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Mississippi Becomes 37th State to Legalize Medical Marijuana Mississippi joined 36 other U.S. states in legalizing marijuana for medical use on Wednesday, as the governor signed legislation permitting cannabis for treatment of severe, debilitating health conditions such as cancer, AIDS and Alzheimer’s disease.

Announcing enactment of the bill, Governor Tate Reeves said the final version passed last week by the Republican-controlled legislature was designed to curb recreational marijuana use, such as by allowing patients to obtain no more than 3 ounces of cannabis per month, or 3.5 grams a day. Reeves, a first-term Republican, said that limit alone would result in “hundreds of millions of fewer joints on the streets” compared with the original, more permissive version of the bill. The new law becomes effective immediately. Under it, an individual can legally obtain medical marijuana only if diagnosed with one of approximately two dozen qualifying conditions, including cancer, Parkinson’s disease, Huntington’s disease, muscular dystrophy, Alzheimer’s, autism, post-traumatic stress disorder and severe injury. The measure also permits cannabis to be prescribed for any “pain state in which the cause of the pain cannot be removed or otherwise treated … and which no relief or cure of the cause of the pain is possible.” Written certification must be provided by a licensed healthcare professional with whom patients have a bona fide relationship, and the bill requires an in-person office visit to obtain one.

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Only a physician can prescribe for young adults between the ages of 18 and 25, and parental consent is also required for minors. Mississippi voters overwhelmingly approved a ballot measure to establish a medical cannabis program in November 2020, but it was later invalidated when the state Supreme Court struck down the state’s entire ballot initiative process. According to the National Conference of State Legislators (NCSL), Mississippi becomes the 37th of 50 states to allow some form of medical marijuana program, even though cannabis remains classified as an illegal narcotic under U.S. federal law. As of November, 18 states and the District of Columbia have enacted measures to regulate cannabis for non-medical use by adults, the NCSL said.

The new law prohibits the state from providing economic development incentives for the cannabis industry. The state often provides tax breaks and financial assistance for roads or water access to industrial sites. The law gives cities and counties 90 days to opt out of allowing medical marijuana facilities, for growing or selling. But people in those communities could petition for an election to overrule local officials’ decisions and allow them. Clint Patterson is chief executive officer of Mockingbird Cannabis, which plans to operate in the state. He said cannabis products can alleviate pain and suffering. “We look forward to serving the citizens of Mississippi as they seek to improve their health and quality of life through responsible cannabis use,” Patterson said in a statement.

Mississippi Becomes 37th State to Legalize Medical Marijuana

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Posted on 01/29/2022 by Steven M Smith — Leave a comment

Eco Innovation Group Opens – New Green Construction Division –

VAN NUYS, Calif., Jan. 19, 2022 – Eco Innovation Group, Inc. (“ECOX” ), an innovative company developing new technologies for green energy solutions, is excited to announce the launch of ECOX Spruce Construction, a Company subsidiary focused on sustainability industry construction projects. Eco Innovation Group Opens New Green Construction Division