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Members of the Texas House of Representatives advanced legislation seeking to expand cannabis products.

Members of the Texas House of Representatives advanced legislation today seeking to expand the pool of patients eligible to obtain state-licensed cannabis products.

Lawmakers voted by a nearly five to one margin in favor of the legislation, House Bill 1805. Specifically, it amends the Texas Compassionate Use Program so that physicians may recommend certain products containing fixed levels of THC to patients with “a condition that causes chronic pain, for which a physician would otherwise prescribe an opioid.” It also empowers state health officials, rather than lawmakers, to add additional qualifying conditions. Currently, patients with autism, ALS, cancer, incurable neurological disorders, intractable epilepsy, multiple sclerosis, post-traumatic stress, and seizure disorders are eligible to obtain low-THC medical cannabis products.

The measure also amends limits on the amount of THC that may be present in state-licensed products.

“I am thrilled to see the proposed legislation advancing through the legislative process,” said NORML State Policies Manager Jax James, who also serves as Executive Director for Texas NORML. “Medical cannabis is an objectively safer alternative to the array of pharmaceutical drugs that it could potentially replace. I urge my fellow Texans to voice their support for this important legislation and to reach out to their Senators to encourage their backing as it moves through the legislative process.”

Texas NORML 2013 Recap - Texas NORML

Texas lawmakers initially enacted legislation establishing the Compassionate Use Program in 2015. In 2021, legislators expanded the program to allow patients with PTSD and all forms of cancer to qualify for medical cannabis. That legislation also raised the limit on permissible levels of THC in licensed products from 0.5 percent to one percent.

When Inspirational Technologies is an endorsement of the “Cannabis” approach to the medical condition, we say, let’s let the look at the data and the people who say that they benefit for cannabis alternatives.

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What is CO2 Extraction? What Hemp and Marijuana Growers Need to Know.

 

 

What is CO2 Extraction? The Supercritical CO2 extraction process creates phase changes in carbon dioxide utilizing temperature and pressure.

CO2 is known as a “tunable solvent” making it extremely versatile for creating a multitude of end products by controlling temperature and pressure.

These phase changes create an environment to drop out differing weights of components in the plant material.

The unique design of the Hi-Flo™ Series systems allow for separation and collection of these constituents during a single extraction.

This enables collection of light essential oils separately from other desirable constituents and heavier lipids.

Supercritical CO2 fluid extraction (SCFE) methodology delivers a clean, unaltered, consistent-yet-flexible product.

Removable Molecular Components is a Positive Clean Alternative for CBD Extraction

CO2: Clean, Safe, Quick CO2 Extraction is good business.

It allows you to create a pure, clean, quality oil that is safe to produce with little-to-no post-processing.

Processes that use toxic solvents may require many hours to purge the solvent trapped in the oil.

Multiple industries have proven that the highest efficiencies in commercial processing utilize CO2. CO2 offers you the ability to “tune” the extraction process, especially with a system that will separate constituents during an extraction.

You can target specific compounds, like terpenes (terpenoids) and THC/CBD (cannabinoids) through different operational parameters.

CO2 is also a sanitizing agent, prolonging shelf life, and, with t

he proper system and environment, yields food and medical grade oils.

CO2 extraction is a safe, clean, and highly versatile method of extracting plant botanicals, nutraceuticals, hops, and hemp.

For the Originality in Extraction

Supercritical carbon dioxide (sCO2) is the most widely used fluid for the Supercritical Fluid Extraction (SCFE) process across the globe. Not only is sCO2 capable of extracting the required ingredients in their pristine form, the prime reason for the surging popularity of SCFE, it also makes the process more manageable, economical, and safe.

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Buffalo Extraction Systems Carbon dioxide (CO2) Supercritical Fluid Extraction (SCFE) Plant

These days, “clean label” products are selling like hot cakes. Increasingly health-conscious customers are placing a premium on natural ingredients in the food, pharmaceutical, beverage, and neutraceutical products they consume. Now, clean label is a broad term with various meanings – organic, natural, locally grown, non-GMO . . . the list goes on. Some even take it to link its maker to more transparent work practices.

Alternative processes such as Solvent Extraction and Hydro distillation leave behind harmful residues. Plus, they distort the ingredient being extracted. That is, the ingredient does not retain its natural purity. Regulations have caught up with public demand and impose exacting conditions to ensure the quality and safety of products by limiting toxic residues. One more reason to rely on CO2 SCFE.

What Makes Supercritical Carbon dioxide (sCO2) an Exceptional SCFE Solvent?

Carbon dioxide and water are the most widely employed supercritical fluids. sCO2 makes such a useful supercritical fluid because:

  • Has a critical temperature of 31.10C, which is around the ambient temperature improving its compatibility with temperature-sensitive compounds.
  • Has a more manageable critical pressure of 73.9 bar.
  • Is non-flammable and non-toxic.
  • Has a customizable density to upgrade its solvent power.
  • Is available in ample quantities and in pure form; and
  • Has a comparatively low cost.

Although CO2 is a greenhouse gas (GHG), the SCFE process using CO2 becomes eco-friendly if the gas is captured from the atmosphere and recycled.

Carbon dioxide Supercritical Fluid Extraction (CO2 SCFE)

Solvent Extraction employs organic solvents to dissolve the ingredient from the raw material. Later, it separates the organic solvent from the dissolved ingredient. The problem is, organic solvents do not completely disassociate from the ingredient, leaving behind residues.

Parameter Solvent Extraction SCF Extraction
Solvent traces in final product Yes Zero
Heavy metal content in final product Yes Zero
Inorganic salt content in final product Yes Zero
Similarity with the actual components to be extracted in terms of Colour and Flow Characteristics Less: because polar compounds get dissolved. More: because low operating temperatures and selective extraction of CO2.

Table 1. SCFE Vs Solvent Extraction

That is, the ingredient loses its natural purity. What is more, it may develop a certain degree of toxicity. But the concerns on using organic solvents for extraction go beyond toxicity for the individual. Some solvents are ozone depleting substances, and their use negatively impacts the environment.

Hydro distillation i.e., the use of water and steam distillation inherently employs heat, something that thermally degrades the ingredients. Again, the ingredient, when extracted, is no longer available in its pure form.

Parameter Steam Distillation SCF Extraction
Extraction of essential, non-volatile oils Not possible Possible
Extraction of highly volatile oils Not possible Possible
Oxidation and Hydrolysis (undesirable) Possible Not possible
Similarity of essential oils with the extracted component in terms of Form, Aroma, and Physical Characteristics Less More

Table 2. SCFE Vs Steam Distillation

As a process that holds the United States FDA’s “Green Technology” approval, CO2 SCFE enjoys sizable international clout. One reason for its eco-friendly nature is that it does not generate effluents, automatically eliminating pollution control hassles and costs.

Examined in the context of the limitations of hydrodistillation and solvent extraction, CO2 SCFE delivers a much better performance on all fronts during the extraction of:

 

  • Plant-based Ingredients: Solvent extraction oxidizes the ingredient that lends color and aroma. Similarly, steam distillation acts strongly and ends up altering the component’s aroma. SCFE acts mildly, thereby avoiding such unwanted changes while also delivering cleaner, fresher, and crispier extracts.
  • Herbal Medicines: CO2 SCFE is preferred over hydrodistillation when extracting essential oils because it does not thermally degenerate the oil. It is also replacing solvent extraction for seed oil separation as the solvent cannot be completely disassociated from the seed oil.
  • Astaxanthin Extraction from Haematococcus pluviales: CO2 SCFE gives superior results vis-à-vis solvent extraction that employs acetone and hexane. These solvents cannot tell between astaxanthin and the astaxanthin-lipid mixture, both of which occur inside Haematococcus pluviales. As a result, these solvents deliver a low-concentrate extract.
  • Beer, Wine, and Blended Alcohol: CO2 SCFE lowers the alcohol content of wine to a bare minimum while leaving its organopletic features undisturbed. The process also extracts the original versions of hop flavors while extending their life, thereby acting as a natural preservative for beer.

Organopletic properties of wines are their aroma, fruitiness, crispiness, sweetness, and freshness. Hop is the plant whose flower imparts the prized bitter taste to beer.

  • Phytochemicals: Because supercritical CO2 is naturally nonpolar, it can better distinguish between volatile, non-polar, and low molecular weight phytochemicals [14].

The selectivity of SCFE is an asset here as it can separate anthocyanin from the pulp of Euterpe oleracea at a certain pressure while extracting phenolic phytochemicals from that very pulp at another pressure.

  • Algae:
  • Carotenoids: Hiking the pressure and temperature of the CO2 SCFE process boosts the efficiency of carotenoid extraction. Utilizing the solvent extraction process for the same consumes large quantities of solvent, takes longer, and delivers impure and deficient yields.
  • Antioxidants: Employing CO2 SCFE on Haematococcus pluvialis, a microalgae, gives good yields of lutein, astaxanthin, and fatty acids.
  • Fatty Acids: CO2 SCFE is able to better differentiate between different fatty acids as compared to pyrolysis / thermal liquefaction and solvent extraction via hexane, the traditional methods for fatty acid extraction. Besides, these conventional techniques are slower.
  • Sterols: CO2 SCFE enables solvent-free extraction of phytosterols that are safe for use in the food and beverages industries.

The Verdict

People the world over are shifting to natural alternatives – natural medicine, natural food, natural beverages – in realization to the long-term side effects that synthetic products, possibly laced with toxic residues, can unleash on health and overall wellbeing.

Effectively this means, the SCFE process and, more specifically, the CO2 SCFE process, are here to stay . . . for ages.

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4 Hemp Club was Inspired by Steven Smith’s vision to

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Our 4H Platform Uses HEMP as an Agricultural Focal Point, deserving of research, development and with the

4 Hemp key points being Health Hope and Happiness, thru Hemp“.

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the idea behind the banking legislation is not to make pot legal but to allow businesses that represent the legal cannabis market to use banks, instead of having cash everywhere

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DEA Announces How Much Marijuana, MDMA, Psilocyn, LSD, Mescaline, 5-MeO-DMT, MDA, 2-CB Can Be Produced For Research In 2023

DEA Announces How Much Marijuana, MDMA, Psilocyn, LSD, Mescaline, 5-MeO-DMT, MDA, 2-CB Can Be Produced For Research In 2023

Story by Lara Goldstein 

The DEA has shared its final production quotas for research drugs for 2023 and is now aiming for further manufacturing goals of several psychedelic compounds than the already substantial increases regarding 2022 initially proposed, reported Marijuana Moment.

DEA Announces How Much Marijuana, MDMA, Psilocyn, LSD, Mescaline, 5-MeO-DMT, MDA, 2-CB Can Be Produced For Research In 2023

DEA Announces How Much Marijuana, MDMA, Psilocyn, LSD, Mescaline, 5-MeO-DMT, MDA, 2-CB Can Be Produced For Research In 2023© Provided by Benzinga

The compounds include marijuana, MDMA, psilocyn, LSD, mescaline, 5-MeO-DMT, MDA, and 2-CB.

The agency stated that it is “committed to ensuring an adequate and uninterrupted supply of controlled substances in order to meet the estimated legitimate medical, scientific, research, and industrial needs of the U.S., for lawful export requirements, and for the establishment and maintenance of reserve stocks.”

As such, 2023’s production quota numbers for psilocyn would go from the original 8,000 grams to 12,000 grams, 5-MeO-DMT from 6,000 to 11,000, MDMA from 8,200 to 12,000 grams, MDA from 200 to 12,000 grams, and 2-CB from 25 to 5,100 grams.

Related video: Recent data shows a decline in marijuana sales (CBS Denver)

 

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In the case of marijuana, the DEA suggested the production of 6.7 million grams -or 14,770 pounds- for medical and scientific purposes, more than double that of 2022. Licensed cultivators can now apply to become federal marijuana suppliers under the National Institute on Drug Abuse (NIDA.)

Several companies have already made recommendations to raise DEA’s 2023 proposed quotas in view of pre-clinical and clinical research particularly for PTSD, TRD, schizophrenia and anxiety.

The proposal also received a comment regarding the creation of “diversified categories” for production and research on psilocybin-containing fungi fruiting bodies/sclerotia/liquid culture similar to cannabis (flower), fruiting body extract (akin to cannabis extract), and psilocybin and psilocyn separately as purified compounds (akin to delta-9-THC), as well as applying that same system for mescaline and other plants, fungi and lifeforms producing these compounds.

But the agency replied stating that the suggestions “do not impact the analysis involved in establishing” the production quotas for each substance.

Nonetheless, the DEA seems to be listening to what is taking place in the psychedelics space, as it has recently backed down on banning two psychedelic compounds claimed to have scientific value as well as a separate project to list five tryptamines as Schedule I substances.

Thank you for consideration.

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Global Hemp Fiber Market Rising at an Annual Rate of 6.9% YEARS after its Legalization in 2019.

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The demand for natural organic products over pharmaceuticals among customers across the globe acts as one of the major factors driving the growth of the hemp fiber market. The increase in demand for hemp fibers in various industries such as automotive, construction, food and beverage, personal care and textile, especially in emerging regions and the rise in the investment for the production of hemp-based products, is accelerating the growth in the hemp fiber market. We are just now beginning to realize the long time known for centuries along with the influence of ongoing scientific research that continually shows long term benefits of therapeutic use. 

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Global awareness, as it relates to the therapeutic properties of the product and the low prices of hemp, is encouraging farmers to diversify their crop options, which ultimately influences the hemp fiber market. Additionally, the increase in use for numerous food applications, the rise in the legalization in the cultivation of hemp, emerging consumer trends, the surge in the number of social media influencers, is promoting the benefits of the product, the prevalence of chronic diseases and mergers and acquisitions among key players, is positively affecting the hemp fiber market. Furthermore, research and development activities and product development are extending the profitable opportunities to the hemp fiber market players in the forecasted period from 2022 through 2028.

 

Global Hemp Fiber Market Rising at an Annual Rate of 6.9% Digital Journal’s recent article from Data Bridge Market Research, which claims that the global hemp fiber market is rising at an annual rate of approximately 6.9% in the forecasted period of 2022 to 2028.

Data Bridge Market Research is a multinational management consulting firm, with offices in India and Canada. The Company provides a variety of services such as market verified industry reports, technology trend analysis, formative market research, strategic consulting, vendor analysis, production and demand analysis and consumer impact studies.

 

Data Bridge Market Research notes that the rise in the awareness regarding the benefits of hemp is escalating the growth of the hemp fiber market. Hemp is utilized in the processing and manufacturing of various products such as paper, textile, insulation and construction material, personal care products, nutraceutical, bio-plastics and bio-fuel. Hemp is also used in food and beverage products, as it is primarily grown organically, with no use of toxic chemicals, pesticides, fertilizers or herbicides.

It is definitely an exciting time to be in the hemp market.

Thank you for consideration.

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*This site receives virtually no compensation for sales of some or all mentioned products. We however place humanitarian value over monetary interests. Our monetary income goes back into research, development, discovery and healing.
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 4H Club, where an older community of adults could carry on what the younger 4H Club envisioned.

Our 4H Platform Uses HEMP as an Agricultural Focal Point, deserving of research, development and with the

4 Hemp key points being Health Hope and Happiness, thru Hemp“.

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Hemp History – Who said? “Hemp is of first necessity to the wealth and protection of the country – If people let the Government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under Tyranny”

CBD (Cannabidiol) is a product of the Hemp Plant Flower.

 

Check Your History – Who said? “Hemp is of first necessity to the wealth and protection of the country – If people let the Government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under Tyranny”

Answer, to Follow:

HINT (Our Third President )

For nearly 3000 years Hemp has been our planet’s largest agricultural crop and the most important industry producing the fiber, paper, clothing, lighting fuel and medicine used by much of humanity. It is and has always been Earth’s’ most sustainable natural resource. With modern technological advances it is now possible to make over 20,000 types of products from medicine to houses to cellophane, dynamite and most importantly as an eco-friendly alternative to traditional plastics.

Pre Hemp Prohibition

768 BC King Charles the Great encourages growing of Hemp throughout his empire.

Charlemagne

200 BC First paper invented in China – is made from Hemp.

 

1454 the Gutenberg Bible – the world’s first book printed on a moveable type printing press is printed on Hemp paper.

Image result for Gutenberg Bible. Size: 171 x 107. Source: www.phaidon.com

1533 King Henry 8th issued a royal proclamation which imposed a fine on any farmer that did not use some of his land for growing Hemp to supply the King’s Navy.

 

See the source image

1619 America’s first Hemp law orders – all farmers MUST grow Hemp. Hemp is made a legal tender (ie. can be used to pay taxes)

See the source image

 

1690 First American Paper Mill makes paper from Hemp. 1763 Additional laws in America make growing Hemp compulsory for all farmers.

1789 “Make the most of Indian Hemp Seed and sow it everywhere” – George Washington, 1st President of USA and Hemp Farmer.

1797 “We shall, by and by, want a world of Hemp more for our own consumption” – John Adams, 2nd President of USA and Hemp Farmer.

1801 “Hemp is of first necessity to the wealth and protection of the country – If people let the Government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under Tyranny” – Thomas Jefferson, 3rd President of USA and Hemp Farmer.

See the source image

1853 Levi Strauss & Co is founded in USA. The world’s first pair of jeans are made – Not from Hemp, as this is Urban Legend. However, in March, 2019, Levi’s did actually begin allowing manufacture of hemp jeans with its brand.

1897 Rudolph Diesel invents world’s first diesel engine which is designed to run on clean burning vegetable oils including Hemp Oil which does not cause pollution or create carbon buildup inside engines.

1930 Mellon, one of the most powerful bankers in USA. Mellon plus two other bankers Rockefeller and Carnegie had significant investments in Oil, Paper, Synthetic F

 

iber, Petrochemical Plastics and Pharmaceuticals – all of which were about to be made obsolete by technological advancements in Hemp processing.

1937 US Congress approves a bill that prohibits the cultivation of all Cannabis including Hemp.

 

1938 Popular Mechanics magazine article titled “New Billion Dollar Crop” announces the arrival of the new Hemp processing technology that was set to make Hemp America’s #1 commodity had it not been prohibited.

Image result for 1938 popular mechanics hemp issue

 

Publication Year:

1938

Popular Mechanics describes hemp as the new billion dollar crop. The article was actually written in the spring of 1937, before cannabis was criminalized. Also in February 1938, Mechanical Engineering calls hemp the most profitable and desirable crop that can be grown.

Google Books: (1938) Popular Mechanics: Billion Dollar

1941 Henry Ford finishes making a car built almost entirely from Hemp and which ran on clean burning Hemp fuel. The car being 30% lighter than steel cars therefore required less fuel. Its lightweight bioplastic body panels were many times stronger than steel – could not be dented with a sledge hammer. “Why use up the forests which were centuries in the making and the mines which required ages to lay down if we can get the equivalent of forest and mineral products in the annual growth of the Hemp Fields?” – Henry Ford

 

1942 US Government cannot take part in World War 2 without Hemp for military clothing and equipment so a campaign is launched to encourage and reward US farmers for growing Hemp with a PR video titled Hemp For Victory.

 

Hemp Prohibition

1945 At the end of World War 2 the US Government begins its campaign against Hemp and claims there never was a video called Hemp For Victory.

When US soldiers return from Europe they are ordered to put their Hemp uniforms back on and are sent out to American farms to burn all the Hemp crops.

1961 Henry Anslinger attended the United Nations and persuaded the UN to have Hemp cultivation prohibited in 150 countries worldwide.

As a consequence most of the world’s food, fiber, fuel and medicine went from being made organically by farmers to being produced chemically under the control of the Pharmaceutical and Petrochemical industries.

 

Hemp Legalization Begins Again

1996 Canada legalizes growing of Hemp which creates employment and hundreds of millions of dollars of revenue for the Canadian people.

2014 Section 7606 of the 2014 Farm Bill authorized hemp research and pilot programs by state departments of agriculture and institutions of higher education. Some states have licensed farmers to conduct pilot programs and research on hemp.

See the source image

In 2017 there were 19 states that allowed hemp to be grown.

2018 Farm Bill

December 2018 – The Farm Bill Legalized Hemp

The 2018 Farm Bill, enacted December 20, 2018, builds upon many of the crucial programs that serve America’s agricultural producers. USDA is implementing this new bill, which includes seeking public input on programs and provisions and designing guidelines. In the meantime, programs authorized by the 2014 Farm Bill are available to serve producers now.

The 2018 Farm Bill reclassified hemp, and it is now legal to grow industrial hemp.

2021 USDA HEMP RULES

U.S. Domestic Hemp Production Program The U.S. Domestic Hemp Production Program establishes federal regulatory oversight of the production of hemp in the United States.

Image result for us domestic hemp production program

The United States of Hemp Hemp and marijuana are both produced from the cannabis plant, although hemp is derived from a strain that has a much lower quantity of THC, the compound that produces hallucinogenic effects.

Hemp is made from the fibers of the plant and historically has been used to make a broad variety of products, from rope to cloth to paper.

As you can imagine, it was an important product in the New World as the American colonies were being established.

It was so important, in fact, that in 1619, Virginia passed a law requiring hemp to be grown on every farm in the colony. At the time, the crop was also considered a proper form of currency in Virginia, as well as Pennsylvania and Maryland.

As new products were imported or developed to replace hemp—cotton was surely a welcome change to the itchy fibers of hemp shirts—the plant fell out of popularity.

By the end of the Civil War, the United States’ hemp production had passed its peak, but a different version of the plant was on the rise. Marijuana was becoming an increasingly popular ingredient in medicines and tinctures. The Rise of Reefer Madness The popular image of the 1950s may be all Leave It to Beaver, but underneath the pearls and penny loafers, there was a countercultural movement bubbling to the surface.

The Beat Generation emerged early in the decade, when a group of young people began to unite in their rejection of conventional society in favor of artistic and bohemian ideals. The Beatniks also enjoyed experimenting with drugs, particularly marijuana

. But the Beats weren’t the first group to embrace weed. The drug started gaining traction in the U.S. in the 1910s after Mexican refugees brought marijuana with them as they fled the violence of the Mexican Revolution. In the 1930s, it became popular among the hepsters, the black jazz community made up of “hep cats” like jazz singer Cab Calloway, who had a hit with his song “Reefer Man.”

The Roots of Criminalization The process of criminalizing marijuana had already begun, even before the Beats took up the cannabis cause. The roots of this movement are mired in a racism that still persists in how drug policies are carried out in the U.S. today.

In the 1930s, Prohibition was repealed in the middle of the Great Depression. Straight-laced bureaucrats looking for another target turned their attention to marijuana, which, at the time, was mostly being used in the Mexican and black communities. They painted the drug—and the communities using it—as a threat to the already crippled country and began the process of banning it.

Twenty-nine states had outlawed marijuana by 1931, and in 1937, the Marijuana Tax Act was passed, essentially making the plant illegal in the United States.

Since then, lawmakers have been doing a do-si-do with the drug. Over the decades, stricter enforcement and the passing of mandatory sentencing laws have traded off with repeals of those laws and efforts at legalization.

Today, 17 states have legalized marijuana (with many more allowing medical marijuana), but, as far as the federal government is concerned, the drug is still cannabis non grata.

Thank you for consideration.

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Our 4H Platform Uses HEMP as an Agricultural Focal Point, deserving of research, development and with the

4 Hemp key points being Health Hope and Happiness, thru Hemp“.

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Will the Cannabis Industry Ever GET HIGHER OPPORTUNITY?

There is a perception that licensed legal cannabis businesses are essentially printing money.

Year after year, mainstream news articles tout the exponential growth of the industry, the record-breaking sales figures each 4/20 and the increasing number of states enacting or considering legalization.

However, these reports exclude how increasing competition, festering federal uncertainty, a prospering illicit market and crippling taxes and regulations chip away at profits.

In fact, due to 280E, a typical multi-state operator is paying an effective tax rate of more than 60% each year, while Amazon’s effective federal income tax rate was 6.1% in 2021.

2022 Will Be a Regulators Recognition Day to the Majority

Although the cannabis space is still growing and will only increase in size, the sad truth is a reckoning is coming.

The realities of the macroeconomic conditions impacting every other industry cannot be avoided and are an increasing drag on an already overburdened industry.

Rising inflation rates and concerns over political uncertainty are taking a toll.

And the cannabis industry has its own unique problems that keep real progress at bay:

A high taxation rate pushes many consumers away from the regulated market and to illicit dealers where products aren’t guaranteed to be tested and safe.

3rd Party Certificates Of Analysis (COA) determine what is in the sample tested. Look for the Good and the Bad. *Pesticides, Heavy Metal or Added Toxins

Falling wholesale prices and increased competition force discounting that flatten margins.

The lack of federal legislative action on banking issues continues to weigh the industry down. Forces are combining to create the industry’s first sustained downturn, which is already underway.

There have been layoffs at high-profile cannabis tech companies. Shares of some publicly-traded cannabis companies have plunged more than 70% since February 2021.

Sales are off from projected levels. And merger and acquisition activity will continue to force rightsizing.

Price wars drive down revenue; social equity efforts stall Development of industrial agricultural processes in cannabis has led to commodification of the crop, pushing wholesale prices down by 18% year-over-year.

In the meantime, increased competition is leading some less sophisticated cannabis retailers and brands to dramatically discount products, relinquishing millions in bottom-line revenue in the process.

While price compression was expected, it arrived sooner and has been more formidable than anticipated.

And there’s little chance price compression will reverse on a commodity crop.

As states expand their markets by adding licenses for more dispensaries and producers in an effort to maximize tax revenue, the problem is exacerbated.

Department of Agriculture (USDA)

More outlets equal more taxes but also increased competition which has ignited a race to the bottom in discounting.

Progressive state laws embolden the illicit market.

The cannabis industry and many recent states legalizing adult-use cannabis have made it clear that cannabis policy is also a social equity issue.

But the progress of awarding licenses to social equity applicants is stymied by the industry’s ongoing lack of financing options.

It is laudable to award 50% of adult-use cannabis licenses to social and economic equity applicants as New York requires.

However, if these businesses cannot access necessary capital to stand up an operation, they will never succeed.

Until the industry’s longstanding banking problems are resolved at the federal level, social equity efforts are bound to fail.

Federal Policy: Dead on Arrival

Like everyone else, I was hopeful 2020’s ‘Blue Wave’ was going to be beneficial for the cannabis industry. But we were all bamboozled by politicians who lied to get the job and have not followed through on their empty promises.

Even despite the watershed moment of Senate Majority leader Chuck Schumer placing the full backing of his office behind cannabis legalization, midterm-election-year politics doom any real federal legislative progress this year.

As congressional minutiae around state protections and safe banking for cannabis continues, we are watching the slow-motion decimation of a powerful job-creating industry, hamstrung due to ineffective leadership that is over-regulating and overtaxing on a state level and completely disregarding and obstructing on a federal level.

President Biden ran on his support of the cannabis industry, yet continues himself to manufacture roadblocks against legalization while the country experiences an eye-popping 25% increase in federal cannabis arrests under the Biden regime.

Senator Schumer has been completely ineffective introducing legislation that overreaches and is DOA by the time it hits the floor.

While cannabis receives 92% approval at some level from bipartisan constituents, these voters’ representatives continue to work to override the will of the people.

The time to receive clear and defined guidance on banking issues from the federal government is now.

Our federal representatives must level the playing field for the cannabis industry and allow the same participation in corporate banking and taxes granted to every other regulated industry, from pharmaceuticals to the alcohol industry.

All is not lost:

What’s going right Despite the industry’s current ongoing challenges, growing pains should be considered as the natural lifecycle of a nascent industry certain to experience continued long-term growth.

Although layoffs are personally painful, eliminating redundancies and reducing costs are beneficial to a company’s health and necessary for rightsizing an organization for the long haul.

Rightsizing an organization demonstrates responsibility and accountability from senior leadership in an industry that often sees more ego-driven, inexperienced decisions.

Bottom-line: duplication and wasteful spending are just as bad in a good economy as one under pressure.

Smart reductions re-set the table for stability and long-term growth. Then it’s go-time for material progress, otherwise perhaps we need to see some change at the top.

In the end, long-term growth is the ultimate goal, particularly for an industry that is still in its infancy.

And the prospects for long-term growth are overwhelmingly positive.

In January, U.S. employment in the cannabis industry stood at nearly 429,000 full-time jobs and growing.

Even as the country went through the second year of the pandemic, the sector saw a 33% increase in new careers, creating more than 107,000 jobs thus far in 2022.

That’s about 280 new jobs per day. Of course, there will be tough decisions to be made in the near term. But industry job growth is expected to continue, especially as new markets come online.

In essence, the cannabis industry is not immune to the current economic instability impacting every other facet of the economy. But combined with the industry’s other unique challenges, this turmoil provides an opportunity to course-correct for the next stage of growth and the eventual reform at the federal level.

As cannabis industry leadership steps up to make the tough decisions, we can only hope – and demand – those political leaders do the same.

1 – Change is coming in the world of banking.

A lack of access to banking is not new news for the cannabis industry, which faces significant roadblocks in operation. But there are two potential beacons of hope for cannabis companies — the Secure and Fair Enforcement (SAFE) Banking Act and changes to the IRS Code 280E.

The SAFE Banking Act sets out to protect access to banking by members of the cannabis industry. It was passed in the House in 2019 but died in Committee. Since then there has been ongoing debate but its passage has been hindered by Republicans in the Senate. It was passed again in the House earlier in 2021 and is back at Committee stage.

There are also ongoing discussions about changes to IRS Code 280E. This specific section of the Internal Revenue Code prohibits the deduction of several business expenses on federal taxes for businesses presently engaged in trading controlled substances, like cannabis.

While these two pieces of proposed legislation are still being debated,  there are signs that momentum is building for change, and we predict that big things are coming soon.

2 – 2022 cannabis trends show that federal legalization is closer than ever.

It’s no secret that the legalization and decriminalization of cannabis are trending favorably. Even before the Presidential election of 2020, members of Congress had introduced several bills aimed at loosening federal restrictions or decriminalizing cannabis.

MORE Act

The Marijuana Opportunity Reinvestment and Expungement (MORE) Act, which would have decriminalized cannabis and expunged criminal records for nonviolent cannabis offenses.

STATES Act

The Strengthening the Tenth Amendment Through Entrusting States (STATES) Act would have prohibited federal enforcement actions against cannabis conduct that is otherwise compliant with state law.

The Cannabis Administration and Opportunity Act

The Cannabis Administration and Opportunity Act only complicated the legalization landscape even more in 2021. This comprehensive bill would significantly change how cannabis is regulated by the federal government, enable interstate commerce in cannabis, and decriminalize cannabis.

As with the banking situation, there is no clear and direct path to any of these bills becoming law. Regardless, it’s clear that Congress continues to push forward in favor of the cannabis industry.

Surprisingly, it’s not just the Democrats in Congress making moves. U.S. Republican Nancy Mace from South Carolina just introduced a new bill to decriminalize cannabis, promoting each state’s individual preference for treating cannabis. Again, while this bill is still some distance away from becoming law, this new and refreshing energy from a Republican in a red state could help thrust the ongoing debate forward.

3 – Integrated technology in cannabis is ever-evolving.

The cannabis industry is no stranger to integrated technology. To help evolve and refine the cannabis experience, we’re expecting a growth in the number of cannabis products and consumption tools that harness data and new technology emerging in the upcoming year.

From vapes that developers can routinely update to QR codes on product packaging, cannabis tech will continue to get more intelligent and innovative, on a par with all other smart household devices.

Cannabis is quickly embracing the Internet of Things, which will prove to be a benefit to producers and consumers alike. With the data this technology provides, marketers will begin to gain insight into what effects people are experiencing and how they are enjoying their cannabis.

Take, for example, the latest technology for being able to test potency from the comfort of your own home. How potent is your cannabutter? Are you tired of guessing when it comes to dosing? The Check Potency Testing Thank you for consideration.

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*This site receives virtually no compensation for sales of some or all mentioned products. We however place humanitarian value over monetary interests. Our monetary income goes back into research, development, discovery and healing.

 

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 4H Club, where an older community of adults could carry on what the younger 4H Club envisioned.

Our 4H Platform Uses HEMP as an Agricultural Focal Point, deserving of research, development and with the

4 Hemp key points being Health Hope and Happiness, thru Hemp”.

Cannabis CBD and Me  

Inspirational Technologies Inspirational Technologies (2014) @Inspire123tech Background Noise Studios Logos by Steven M Smith

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Plus technology allows you to eliminate all the guesswork.

Now, for both THC and CBD, always check their COAs!

4 – Say hello to consumption lounges.

One of 2022’s cannabis trends we’re most excited to see is the rise in the number of  consumption lounges and, as a direct result, the growing profile of cannabis in the tourism sector.

Because of the legality concerns of using cannabis in many states across the country, consumers have mostly been forced to indulge in private. But, as the market continues maturing and decriminalization gathers steam, consumers will begin pushing for more elevated experiences.

The solution to providing an elevated cannabis experience will be the introduction of consumption lounges.

Nevada has passed legislation allowing adults to eat or smoke cannabis in consumption lounges and in doing so has become the eighth state to legalize pot lounges. In mid-2022, we can expect to see the first Vegas consumption lounges opening.

While consumption lounges are mostly rarities and tend to be slow to open, they will set the stage for breaking down some of the boundaries the industry faces today. Consumption lounges will be sure to help with boosting cannabis sales, de-stigmatizing the plant, and potentially supporting social equity.

Consumption lounges will create another venue for industry leaders to connect directly with their customers. In addition, they will open up endless possibilities for experiential marketing. As consumers return to public life with the ever-present craving for novelty, this segment is primed to become even bigger post-pandemic.

As cannabis tourism continues to trend favorably, we can only anticipate seeing more growth in this area, including things like cultivation classes, cannabis-spa packages, dispensary and farm tours, and even cannabis hotels and restaurants.

5 – There will be new cannabis products to look out for. 

With a new year comes the emergence of new product offerings. The cannabis flower will continue its reign as king in most markets. Again, touching on the post-pandemic market filled with consumers looking to socialize in large groups once again, we’ll see the rise of new cannabis products that accommodate this lifestyle.

We expect to see canna-beverages exploding in the next year. Innovative technologies in the cannabis industry continue to improve emulsion techniques and nanotechnology. At the same time, more and more Americans are seeking out non-alcoholic alternatives. It’s the perfect time for something like canna-beverages to enter the market, filling that void as a lower-calorie, non-hangover-inducing option.

6 – Celebrities setting the trends in investing.

A growing number of sports stars, musicians, and actors, including some of Hollywood’s biggest names, are trying their hand at investing in the cannabis industry. As cannabis continues to trend in the mainstream, many famous folks are hopping into the business. Here are just a few noteworthy celebs and their brands:

Snoop Dogg’s Leafs By Snoop

Martha Stewart’s Martha Stewart CBD

7 – Cannabis technology will make growing accessible to anyone with the time and patience’

One of the primary benefits of hydroponics is that it eliminates the guesswork from crop maintenance.

8 – Cannabinoids and psychedelics will begin to diversify.

Not surprisingly, THC and CBD will remain on top of everyone’s list, but some of the 100-plus lesser-known cannabinoids are going to start to become more and more popular.

Be on the lookout in the upcoming year for some of these less common cannabinoids:

Cannabigerol (CBG)

Cannabinol (CBN)

Tetrahydrocannabiphorol (THCP)

Tetrahydrocannabinol-O-acetate (THC-O)

Delta-8 tetrahydrocannabinol (THC)

These compounds, that can be used to achieve new highs and treat various conditions, will be continuously studied to determine their specific benefits.

In the world of psychedelics, cannabis is also moving mountains in terms of paving the way for the legalization of psilocybin mushrooms and other psychedelics. Using cannabis’ path as a guide, many have already started exploring the therapeutic potential of these plants, and grassroots organizers are pushing for decriminalization and legalization.

9 – Things will heat up in the kitchen with more cannabis cooking.

Cannabis is booming —so much so that this period we’re currently in is referred to as the Green Rush. Everyone is getting on board with cannabis, which is why we’re not too surprised to see it in the heart of the home, the kitchen.

It’s incredible to see how far it’s already come. Even the notable Food & Wine released an article this year titled The Food & Wine Guide to Culinary Cannabis, with everything including the basics, how to make your own cannabutter, and some drool-worthy recipes.

Don’t just take our word for it. Check out some of our top picks:

Cannabis-Infused Brioche French Toast

Cannabis-Infused Pasta with Clams and Green Chiles

Cannabis-Infused Citrus-Caramel Blondies

10 – Investment opportunities will be on the rise.

Investors are growing more confident as the cannabis industry continues moving towards federal legalization. These investors will continue to use the same tactics they have in the past for more traditional businesses but instead pour their money into cannabis brands. 2022 cannabis trends suggest that the funding drought will be over for many.

Cannabis marketing departments will be messaging not only B2B or B2C but also digging deeper into market segments and B2I. We’ll be watching cannabis founders become experts at raising capital in both maturing and newly approved markets, with more Special Purpose Acquisition Companies (SPAC) and venture capital funds getting involved in the cannabis space.

11 – Global growth of cannabis will bring broader branding and marketing efforts.

The largest and oldest trade show in the cannabis sector is MJBizCon. At this year’s conference, we are likely to see an increase in global growth with contributing countries beyond the United States, including Paraguay, Germany, and Argentina.

We are expecting to see the largest national companies in the United States start gearing up for importing and exporting. With it will come a better positioning in a future global market for cannabis.
‍

Comply Bag Technology

This growth will open up an international approach to cannabis branding and marketing and show us what it might look like as more cannabrands reach a global scale and achieve international recognition.

12 – Cannabis and wellness will become synonymous.

Cannabis isn’t the only industry that’s booming right now. With it is the wellness market, which is currently measured in the trillions of dollars. Cannabis brands are leveraging their messaging to be more wellness-centric, promoting things like personal optimization to reach new prospective consumers.
Companies can use that familiar shorthand to introduce their products and tout their benefits because consumers are fairly well versed with the language and ethos of the supplement industry. We’ll see more cannabrands educating customers that are curious about cannabis products in the upcoming year. A prime example is how they can incorporate products like concentrates or tinctures into their self-improvement, wellness, and workout routines.

Final thoughts.

So, there you have it. Thank you for the Internet’s top 12 predictions for the cannabis industry in 2022 show that there are exciting things ahead..

2022

cannabis trends are favorable as we move towards federal legalization and, with it, uncharted territories.

 

Thank you for consideration.

Inspirational Technologies

Thank you for consideration.

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