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A Decade of Hemp Innovation: Inspirational Technologies’ Journey and Next Chapter

A Decade of Hemp Innovation: Inspirational Technologies’ Journey and Next Chapter

This is my past, present, and future vision by Steven M. Smith, Founder & CEO of Inspirational Technologies – September 2025 – Over a decade ago, Inspirational Technologies set out to combine natural wellness with advanced science, and now we’re taking a bold leap forward. Founded in 2013 by Steven Smith, our journey began as a small Florida startup with a mission to connect traditional botanical remedies with modern technology. From those modest beginnings, we’ve evolved into a leader in hemp-based innovation, driven by resilience, discovery, and a strong sense of purpose. Today, we’re thrilled to unveil a new chapter for Inspirational Technologies—building on our foundation and embracing the future of hemp and cannabinoids to bring relief to even more people.

2013–2015: Laying the Groundwork

Created 3/1/2014
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In the early years (2013–2015), we laid critical groundwork. Steven Smith’s background in plant sciences and passion for holistic health drove the initial focus on researching plant-based compounds, particularly those in hemp and other medicinal herbs. We were essentially a research lab with a big dream: to validate traditional botanical remedies using rigorous modern science. During this time, we established an education hub on our website (InspirationalTech.org) to share research updates and demystify hemp for the public. This proved vital in combating public misconceptions, as many people at the time still conflated hemp with psychoactive cannabis. Indeed, throughout the 20th century, stigma and prohibition had severely complicated cannabis research, and in the early 2010s hemp was legally categorized alongside narcotics despite its lack of THC. Navigating this environment was challenging – regulations were murky, funding was limited, and we often had to explain that hemp isn’t about “getting high,” but about healing. [Frontiers…: from …] [What Does…usinesses?]
Industial Hemp Field
Challenges: Regulatory uncertainty was the toughest hurdle in our infancy. Government rules around cannabis research were ambiguous or restrictive, making it difficult to source materials and secure funding. Public perception was another obstacle; early on, some investors and consumers were wary, not yet educated on the difference between non-intoxicating hemp compounds and marijuana. We tackled these challenges through education and transparency. By openly sharing scientific findings and safety data on our website and in community seminars, we started changing minds.
In 2014, our persistence paid off: we secured our first private investment, providing much-needed R&D capital, and validated our vision to those who believed in the potential of cannabinoids. That same year we launched our website as a content hub, positioning Inspirational Technologies as a trustworthy voice explaining the science of CBD and hemp. This focus on education built credibility and began eroding the stigma.
Successes: Despite the headwinds, by 2015 we had established a solid foundation. We had a small lab, a growing network of academic collaborators, and early data hinting at hemp’s therapeutic promise. For example, our team initiated studies on hemp-derived compounds and their effects on conditions like inflammation and anxiety, drawing on expertise from university partners. These academic collaborations not only guided our research but also validated our early findings in peer-reviewed settings, showing that our work was on the right track. We closed 2015 with optimism – and a budding reputation as pioneers willing to push botanical science into new territory.

2016–2018: Expanding into Hemp and Cannabinoids

By the mid-2010s, cannabidiol (CBD) was gaining mainstream attention as a potential wellness game-changer. Research interest in CBD was exploding worldwide, and public awareness of hemp’s benefits was on the rise. Inspirational Technologies embraced this momentum and shifted focus squarely onto hemp-derived cannabinoids. This period marked our evolution from a general plant research startup into a dedicated hemp innovation company.
Research Milestones: Between 2016 and 2018, we embarked on ambitious studies of CBD’s potential health benefits. Our research teams (now working with medical scientists) explored how CBD could help reduce anxiety, alleviate inflammation, and even act as a neuroprotective agent for the brain. Early results were promising: for instance, preliminary experiments suggested CBD had notable anti-inflammatory effects (supporting what many others were finding), and could modulate stress responses in animal models. We weren’t alone in these discoveries – around this time scientific literature was burgeoning with cannabinoid research. Academic partners working with us published validating findings, adding credibility. The scientific community was confirming what we believed: CBD and related cannabinoids held real therapeutic promise. Notably, evidence began emerging that CBD might provide relief in anxiety without the downsides of THC. (In fact, a few years later a clinical trial would show CBD can quell anxiety symptoms effectively without impairment.) The more data we gathered, the more confident we became that our path was the right one. [CBD shown…e with THC], [CBD shown…e with THC]
Product Development: Research findings quickly fed into product ideas. By 2017, we had developed our first prototypes of CBD-infused wellness products, including a topical cream for pain relief and a tincture (oral drops) for stress and general wellness. Formulating these was an exciting step from lab bench to real-world application. We sourced high-quality hemp extracts and combined them with synergistic herbs, leveraging our roots in botanical science to create unique blends. Each prototype was tested for safety and efficacy in small trials. The feedback from early testers was encouraging – users reported less joint pain after applying the cream, and better sleep with the tincture. This R&D phase taught us about effective dosing, bioavailability (for example, how well the body absorbs CBD in different forms), and user preferences. It set the stage for the full product line we’d launch once the regulatory coast was clear.
Obstacles: If you rewind to 2017, selling a hemp-based product was not straightforward. Federal law still treated hemp extracts in a gray zone, which made distribution and marketing a tricky affair. We could develop products and even give out samples, but large-scale sales were hampered by legal ambiguity. Shipping CBD across state lines lived in a legal limbo – technically hemp was still a Schedule I substance federally, even though it has no high-inducing THC. This meant we had to proceed carefully and focus on states with clear hemp programs. We also had to be very cautious about marketing language, avoiding any medical claims that could draw ire from regulators (the FDA had started warning companies about unproven claims). Yet, we persisted, keeping our operations lean and compliant. We engaged with industry groups advocating for hemp law reform, and continuously educated lawmakers and the public on CBD’s safety. All of this groundwork positioned Inspirational Technologies to spring ahead when the law finally caught up with science. [What Does…usinesses?], [What Does…usinesses?]
A Turning Point – Legalization: Late 2018 brought the breakthrough we and the entire industry had been waiting for. The U.S. Congress passed, and the President signed, the Agriculture Improvement Act of 2018 the “Farm Bill” (see our story)
December 2018 – The Farm Bill Legalized Hemp

2019–2022: Growth through innovation and Partnerships

With legal clarity achieved, Inspirational Technologies moved full speed from R&D into the marketplace. The period from 2019 to 2022 was one of rapid growth, new partnerships, and establishing our leadership in the hemp wellness space. We transitioned from a small startup into a recognized brand with a national reach.

Commercial Launch: In early 2019, we officially launched our first line of CBD-based wellness products to the public. The line included the refined versions of our topical CBD cream and sublingual tincture, now branded under the Inspirational Technologies banner, as well as capsules and an all-natural CBD balm. We leveraged e-commerce and select health store partnerships for distribution. The timing was perfect: consumer interest in CBD had exploded, and people were eager to try these newly legal remedies. In fact, by 2020 nearly one-third of U.S. adults had used a CBD product, a huge leap in adoption from just 14% in 2019. We were ready to meet the demand with products formulated on a foundation of science and quality. Each batch was lab-tested for purity and potency, and we published the results online to continue building trust through transparency.

1st Hemp USA 2021
1st Hemp USA 2021 Inspirational Technologies
Partnership with hempSMART:
A key milestone in this phase was our strategic partnership with hempSMART in 2019.
HempSMART – a California-based company known for its science-driven CBD formulations – shared a similar ethos with us. By partnering, we aimed to combine our strengths: Inspirational Technologies’ research and product innovation, with hempSMART’s established marketing channels and customer base. Together, we celebrated on product development and education. For example, we co-hosted webinars featuring experts like Paula Vetter (hempSMART’s medical advisor) to inform consumers about CBD’s benefits. This partnership expanded our reach across the U.S. and even into international markets where hempSMART had a presence. It was a win-win: hempSMART gained new formulations and R&D support, while we gained a ready distribution network and a boost in brand visibility. Collaboration has always been in our DNA, and this was a powerful example of how working with like-minded innovators could amplify our impact.
Scaling Up: Internally, these years saw our team grow and our capabilities scale. We onboarded new talent – from formulation chemists to regulatory consultants – to handle everything from product manufacturing to compliance in a fast-evolving regulatory environment. In 2020, hempSMART opened a larger production facility in Florida, enabling us to increase output to meet surging demand.
Our efforts at maintaining high standards earned recognition: by 2021, Inspirational Technologies was being recognized as a leader in hemp-based innovation, with industry magazines featuring our story and calling out our commitment to quality. We also invested in intellectual property, filing patents related to advanced cannabinoid extraction techniques and delivery methods (like a water-soluble CBD nanoemulsion to improve absorption).
This era wasn’t without its challenges, of course. The regulatory landscape, while improved, remained complex – the FDA still hadn’t fully figured out how to categorize CBD products, and we had to stay on top of patchwork state regulations. Public perception, however, continued trending in our favor. By 2022, 60% of Americans had tried CBD and believed in its benefits, reflecting a massive shift in acceptance. What was once fringe had become mainstream, found in everything from gummies and lattes to pain salves. We made sure Inspirational Technologies stood out in this crowded market by doubling down on science and trust – emphasizing evidence-backed uses, avoiding hype, and advocating for sensible regulations to protect consumers. Our reputation for integrity became one of our strongest selling points. [CBD Statis…bes Health]
Highlights 2019–2022: We achieved several key milestones in this growth phase: new product launches (including a popular CBD + herbal adaptogen capsule in 2021), revenue growth that outpaced our projections, and an expanding loyal customer community. We also saw the broader hemp industry flourish, validating our faith in this plant. (U.S. CBD product sales skyrocketed from about $108 million in 2014 to nearly $1.9 billion by 2022, illustrating the boom we were part of.) Inspirational Technologies had firmly established itself — not just as a company selling wellness products, but as an innovator helping to shape an entire industry. [CBD Statis…bes Health]

2023 and Beyond: Embracing a New Frontier

The stage is set for an exciting new chapter. As the metrics above show, the environment in 2023–2025 is remarkably different from a decade ago. Consumer acceptance of hemp remedies is at an all-time high, and the market has grown exponentially. With widespread legality and a mountain of supporting research, cannabinoids are poised to transform mainstream healthcare and wellness. In this context, Inspirational Technologies is embracing a new frontier. Our new direction will leverage everything we’ve learned over the past 12 years and push further to realize the full potential of hemp-based science. Here’s what to expect as we move forward:
1. Pioneering Advanced Therapeutics: The heart of our new direction is a commitment to deeper scientific exploration of cannabinoids and their medical potential. CBD opened the door, and now we’re walking through it with a toolkit of cutting-edge science. We are expanding our R&D to study lesser-known cannabinoids like CBG (cannabigerol) and CBN (cannabinol), which are also derived from hemp but have unique properties. For instance, recent research from Yale University highlighted CBG’s strong potential for pain relief without opioid risks, and ongoing studies suggest CBN may aid sleep. We believe these compounds, especially in synergy (the “entourage effect”), could address health issues that CBD alone hasn’t fully solved. To that end, Inspirational Technologies is initiating clinical collaborations to formally test cannabinoid-based therapies for specific conditions. We’re in discussions with medical centers to launch trials on a CBD-CBG blend for chronic neuropathic pain and on a cannabinoid regimen for anxiety and PTSD. The goal is to move beyond wellness products into the realm of evidence-backed therapeutics – bridging the gap between supplement and medicine. It’s an ambitious step, but it’s aligned with our founding mission of merging nature with advanced science. The scientific promise is truly compelling: studies show cannabinoids might offer safer alternatives to opioids for pain, relieve anxiety without harsh side effects, and even help in neurodegenerative diseases like Alzheimer’s. In 2018, the U.S. FDA approved its first CBD-based prescription drug for severe childhood epilepsy, validating that cannabinoids can meet the highest standards of medicine. We foresee a future where cannabinoid therapies are a trusted part of mainstream healthcare, and we want to be at the forefront of that movement. Our new direction prioritizes rigorous research, so doctors and patients can have confidence in the hemp-derived treatments we develop. [Cannabinoi…ain relief], [Cannabinoi…ain relief] [Cannabinoi…ain relief] [CBD shown…e with THC], [CBD shown…e with THC] [Frontiers…: from …] [What Does…usinesses?]
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2. Emerging Applications in Disease Relief: We are also broadening the applications of our products to target more specific needs. Over the years, customers have shared incredible stories of finding relief with our creams and tinctures – from an athlete’s persistent knee pain easing to an anxious traveler finally enjoying a calm flight. These experiences inspire us to tailor solutions for some of the most prevalent and pressing health challenges. Chronic pain, for example, affects millions and often leads to dependence on painkillers. With cannabinoids showing effectiveness in reducing inflammation and pain signaling, we are formulating targeted pain-relief applications, such as an advanced arthritis cream and oral supplements for inflammatory conditions. Mental health is another focus: anxiety and sleep issues are on the rise, and many are seeking natural relief. We’re exploring blends of CBD with terpenes and botanicals known for calming effects, to support those struggling with stress or insomnia. Early next year, we plan to release a CBD+CBN nightly tincture aimed at improving sleep quality naturally. On the more advanced end, we’re keeping an eye on research that suggests cannabinoids could play a role in serious conditions like cancer. A recent comprehensive study even found evidence that cannabis compounds might help fight certain cancer cells and improve patients’ quality of life. While we remain grounded in science (and such uses will require extensive validation), it underscores a key point: the therapeutic horizon of hemp is still expanding. Our new product roadmap is designed to adapt as new discoveries emerge. If a study finds that a CBD-THC combination (with minimal THC) works best for a given condition, we have the agility and knowledge to formulate accordingly – always within legal bounds. In short, we’re widening our scope from general wellness to targeted solutions for disease relief, driven by what science and our users tell us. [Cannabinoi…ain relief] [New Study…naging …], [New Study…naging …]
3. Market Expansion and Leadership: As we venture into these new arenas, Inspirational Technologies is committed to growing sustainably and responsibly. The hemp and CBD industry is maturing – consolidation is happening, regulations are catching up, and consumers are becoming more discerning. We see this as a positive evolution and aim to be a leader in the next phase of the market’s development. Part of our new direction involves stepping up our role in industry advocacy. We are actively engaging with policymakers and regulatory bodies to help shape commonsense regulations for hemp products. Our stance is that quality and safety standards are needed to weed out bad actors selling mislabeled or impure products. We’re advocating for measures like third-party lab testing requirements, proper labeling, and research-based dosage guidelines. We’re also preparing for the potential regulatory changes ahead. The FDA in the U.S. has hinted at developing a new framework for CBD in dietary supplements or foods, and bipartisan bills in Congress aim to clarify CBD’s legal status further. We welcome clearer regulations, and our team is proactively ensuring that whenever new rules come, we will not just comply but excel under them.
On the market front, we are exploring geographic expansion. Hemp’s acceptance is global now – countries across Europe, Latin America, and Asia-Pacific are embracing hemp CBD as laws evolve. Through the next couple of years, we plan to enter select international markets. We’re already laying groundwork in Canada and the EU, navigating their approval processes to offer our products abroad. Additionally, we’ll continue forging strategic partnerships. Just as our alliance with hempSMART accelerated U.S. growth, we’re eyeing partnerships in new regions (for example, a potential joint venture in Europe with a local wellness company) to bring our expertise to new audiences. At home, as the competitive landscape grows, we differentiate by staying true to science and innovation.
Product innovation remains key: our R&D pipeline includes not only new formulations but also new delivery technologies (imagine a transdermal patch for steady cannabinoid release, or a smart dispenser that gives personalized doses based on an app). Advanced technology – from bioinformatics to AI-driven data analysis – will increasingly inform how we design and validate our products, fulfilling the “advanced science” part of our mission with even greater precision.
Finally, as we look beyond 2025, Inspirational Technologies’ core values stay constant. The resilience, curiosity, and purpose that got us through the past decade will guide us in the next. We envision a future where a person with chronic pain might use a cannabinoid therapy we helped develop instead of habit-forming opioids; where someone with anxiety can find calm through a natural remedy backed by clinical evidence; and where hemp-based innovations contribute to a healthier, more sustainable world. The journey from a startup in 2013 to here has taught us that nature’s solutions and human ingenuity are an unstoppable combination. Our new direction doubles down on that truth. [Cannabinoi…ain relief]

Milestones and Future Goals at a Glance

To recap our journey and where we’re headed, here’s a summary of Inspirational Technologies’ major milestones over the past decade and our key goals for the future:
Year/Period Major Milestones Future Goals
2013 Founding: Steven Smith establishes Inspirational Technologies in Florida with a mission to merge natural wellness and advanced science. Begins research into hemp and medicinal herbs. Global Health Impact: Leverage hemp compounds to improve lives worldwide, bridging nutraceuticals and pharmaceuticals.
2014 First Investment & Website Launch: Secures initial private funding. Launches InspirationalTech.org as an educational hub to share research and combat misconceptions about hemp. Educational Leadership: Continue to educate consumers and health professionals about cannabinoids, setting industry standards for transparency.
2015 Research Foundations: Early lab studies on hemp compounds suggest potential benefits (anxiety reduction, anti-inflammatory effects). Establishes academic collaborations to validate findings. Research & Development: Invest in clinical trials and R&D for new cannabinoid therapies (e.g., pain, anxiety, neuroprotection), turning promising research into approved treatments.
2016–2017 Focus on CBD & Product Prototypes: Pivots to focus on hemp-derived CBD as interest grows. Develops first CBD product prototypes (topical cream and tincture) blending botanical science with tech. Product Innovation: Develop next-gen products (e.g., multi-cannabinoid formulas, improved delivery systems like patches or nano-emulsions) for more effective relief.
2018 Regulatory Breakthrough: U.S. Farm Bill 2018 legalizes hemp federally [What Does…usinesses?], [What Does…usinesses?], removing major legal barriers. Inspirational Tech poised to enter the national market with tested products. Quality & Compliance: Lead in product quality, exceeding regulatory requirements. Work with regulators (FDA, etc.) to establish clear guidelines that ensure consumer safety and trust.
2019 Product Launch & hempSMART Partnership: Launches first retail products nationwide. Partners with hempSMART to expand reach and co-develop offerings, boosting brand visibility and distribution. Strategic Partnerships: Build new alliances (with wellness companies, research institutes, healthcare providers) to expand globally and integrate hemp solutions into mainstream wellness and medicine.
2020–2021 Rapid Growth: Surges in customer adoption amid rising CBD popularity. Expands team and facilities; recognised in industry for science-driven approach. U.S. CBD use jumps (33% of Americans by 2020) despite lingering stigma. Market Expansion: Enter new markets in Europe, Canada, and Asia as global hemp legalization progresses. Continue to adapt to market trends and consumer needs with agility.
2022 Industry Leadership: Establishes itself as a leading hemp innovation company. By 2022, U.S. CBD sales reach $1.9B [CBD Statis…bes Health] and 60% of adults have tried CBD [CBD Statis…bes Health] – a testament to growing acceptance that Inspirational Tech helped foster. Industry Leadership & Advocacy: Influence the hemp industry’s evolution by advocating for sustainable practices, environmental responsibility in cultivation, and social responsibility in marketing (ensuring products are used appropriately for wellness).
2023 New Initiatives: Kicks off new R&D projects on cannabinoids like CBG/CBN for pain and sleep. Prepares for clinical collaborations to formally study cannabinoid therapies. Company culture shifts toward biotech startup mindset (hiring medical liaisons, data scientists). Therapeutic Breakthroughs: Aim to achieve at least one FDA-approved cannabinoid therapy in the next 5–7 years, bringing a natural yet scientifically-vetted medicine to patients (e.g., a prescription CBD/CBG pain reliever).
2024 Preparation for New Direction: Aligns strategy with market trends and scientific advances. Strengthens compliance team for anticipated regulations. Engages with lawmakers on CBD policy. Concepts for personalized cannabinoid wellness programs (leveraging AI) in development. Personalized Wellness: Utilize technology (AI and data analytics) to tailor cannabinoid-based solutions to individual needs, ushering in an era of personalized, plant-based medicine.
2025 & Beyond Announcing New Direction: Unveils a forward-looking strategy focusing on advanced research, broader health applications, and global expansion. Poised to integrate hemp-based innovation into healthcare on a larger scale, staying true to the vision of holistic wellness powered by science. Vision 2030: By 2030, become a global pioneer in cannabinoid science, with a portfolio spanning consumer health products, licensed medical treatments, and technological platforms – all while maintaining the trust and holistic principles that have defined Inspirational Technologies since 2013.

Conclusion: by Steven M. Smith
As we step into this new chapter, Inspirational Technologies remains guided by the same principle that sparked our founding: the belief that nature and science together can improve lives. Our journey from 2013 to 2025 has been one of learning, innovating, and breaking barriers. We transformed challenges into opportunities – whether overcoming legal hurdles or shifting public perception – and in doing so, we’ve helped pave the way for hemp-based wellness worldwide. The future of hemp and cannabinoids is bright. From emerging scientific breakthroughs to evolving market dynamics, all signs point to an era where these natural compounds take a more central role in health and wellbeing.
With our rich history and renewed focus, we’re ready to lead in that era. The coming years will see Inspirational Technologies diving deeper into research, launching exciting new solutions, and reaching people in ways we once only imagined. We extend our heartfelt thanks to our supporters, partners, and customers who have believed in our mission. Together, we are forging a new path for natural wellness – one that honors ancient wisdom, embraces modern innovation, and inspires a healthier future for all.”
Stay tuned for more updates as we embark on this journey ahead. The best is yet to come.

Sources

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We hope this information has been helpful and informative. Don’t hesitate to reach out with any further questions. 😊
Inspirational Technologies – IT is Time
At Inspirational Technologies, we take pride in being pioneers and innovators in the constantly evolving world of technology.
Life often presents personal challenges that shape our relationships with family and peers.
Steven M. Smith, CEO of InspirationalTech.org since 2013.
Thank you for considering Inspirational Technologies.
Visit InspirationalTech.org to explore your health, wellness, beauty, and inspirational goals.
Discover more about Cannabis, CBD, and YOU.
Steven M Smith InspirationalTech.org CEO since 2013.Inspirational Technologies (2025)

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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.

Inspirational Technologies

InspirationalTech.org for your Health Wellness Beauty and Inspirational Goals

For More Information on Cannabis and CBD and YOU. Click On the Following Link

Cannabis CBD and Me

USE PROMO CODE ” QPRBBV78NY ”

CLICK HERE TO BE DIRECTED TO MY SMARTCBDelivery.com Site.

USE PROMO CODE ” QPRBBV78NY ” (COPY & PASTE) @ E-COMMERCE WEBSITE & SAVE 15% OFF ALL ORDERS –

 

Free Delivery, Priority Mail in US,

Same Day Packaging and Processing,

100% Happiness Guaranteed, 3rd Party Testing (COAs on Website).

Subsidiary of MCOA Marijuana Company Of America.

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1st Hemp USA News is a resource of Inspirational Technologies (2022)

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Your ONE STOP BLOG FOR INFORMATION, EDUCATION, & INSPIRATION OF ESSENTIAL INNOVATION & RENOVATION of You-

THANK YOU FOR YOUR INTEREST

*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.

Inspirational Technologies
InspirationalTech.org for your Health Wellness Beauty and Inspirational Goals

For More Information on Cannabis and CBD and YOU. Click On the Following Link

Cannabis CBD and Me

USE PROMO CODE ” QPRBBV78NY ”

CLICK HERE TO BE DIRECTED TO MY SMARTCBDelivery.com Site.

USE PROMO CODE ” QPRBBV78NY ” (COPY & PASTE) @ E-COMMERCE WEBSITE & SAVE 15% OFF ALL ORDERS

 

Free Delivery, Priority Mail in US,

Same Day Packaging and Processing,

100% Happiness Guaranteed, 3rd Party Testing (COAs on Website).

Subsidiary of MCOA Marijuana Company Of America.

AllRightsReserved2022

1st Hemp USA News is a resource of Inspirational Technologies (2022)
Inspirational Technologies (2022) AllRightsReserved
Your ONE STOP BLOG FOR INFORMATION, EDUCATION, & INSPIRATION OF ESSENTIAL INNOVATION & RENOVATION of You-
THANK YOU FOR YOUR INTEREST
*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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“Happy National CBD Day!” to all those who are inspired! from “Inspirational Technologies” 8/8/2023

August 8, 2022 Inspirational Technologies 1stHempUSA

The Story of Why There is a National CBD Day

National CBD day is a relatively new holiday. It is perhaps inevitable that advocates of the cannabinoid would look to celebrate it. After all, there are many other days throughout the year associated with cannabis.

These include April 20 (the famous 420 Day) and National Cannabis Oil Day, which falls on July 10. It is also called 710 Day.

Steven Smith
Steven Smith in 2020

It seems that 4-20 4:20 4/20 (MJ) and the Storyline behind it’s origin are all in everyday 420 News “High” lights.

On the the other side of our cannabis culture , did you know that the popular Marijuana’s’ co-species counterpart, Cannabinol or “CBD” has itself a National CBD (Hemp) Day?

August 8th. 8/8

Hemp or Cannabidiol, Has A Happy CBD (Hemp) Day

SO – Let’s Get “Flower Power Education” Today

Happy 420 and Happy CBD DAY!

Just how did there become a National CBD Day?

Well, a North Carolina CBD company CbdMD

achieved that in 2018.

In fact, the company also successfully lobbied for a National Hemp Day, which just saw its inaugural celebration on February 4.

CbdMD president Caryn Dunayer says both efforts were inspired by the lack of marketing and advertising available to hemp and CBD companies, which can be ostracized by media platforms and regulators because of their association with marijuana.

“We’ve tried to be strategic and creative in the marketing side,” Dunayer says. “In the cannabis industry, it’s extremely challenging to find traditional marketing. We can’t do SEO [search engine optimization] and social media, so we’ve kind of taken a guerrilla marketing approach. It started with that approach, and then the whole methodology after was trying to get attention to the education side.”

If it’s on a hot dog, then it’s American.

The CBD industry seems to agree with the marketing-before-education approach, with a mountain of deals and promotions offered today,

August 8, in honor of National CBD Day.

However, CBD’s legal status with the federal government isn’t solidified yet, and hemp was just legalized federally in late 2018.

The United States Food and Drug Administration still keeps CBD derived from hemp in a gray area, but considers ingestible products containing CBD illegal, including edibles, drinks and vaporizers.

CBD products face heavy scrutiny outside of states like Colorado, which have legalized recreational marijuana and hemp-infused foods, but that hasn’t stopped companies from making and marketing them, and those companies generally remain out of trouble as long as they don’t make any unsubstantiated health claims about the products. “We try to be as conservative as possible with claims and testimonials, and let real stories talk for themselves,”

Dunayer says. “We saw the value in how much creating a day like this could help the industry. And on the marketing side, selfishly, we can take a little credit.”

For Anderson and his organization, most of the criteria for adding a day comes from society’s acceptance, though he insists that the National Day Calendar committee did its due diligence when considering CBD’s medical efficacy and the reputation of the petitioner, CbdMD.

His organization has only created 200 days during its six and a half years, he says, so it didn’t take adding CBD or hemp lightly.

“There are about 20,000 applications for new days every year. Then there’s a committee of four people who review them, and that needs unanimous approval. Socially, it’s all becoming more accepted, even THC.

But CBD has additional purposes, so it was more about bringing about the awareness,” Anderson says, adding that he looked into National CBD Day’s application himself.

“They do tend to end up where the money leads, but it’s not always that way. Some of them are for the good for the world.

With that said, if you’re going to celebrate a national day about something, then celebrate with it.” Along with celebratory product promotion, Dunayer says that CbdMD will post educational content on its website and social media as part of its National CBD Day campaign.

Colorado companies are doing much of the same. In fact, they already view other national days as opportunities for connecting with customers. “We’re always looking for ways to amplify the message and reach different people to expand the education of CBD,” says Stratos CBD branding executive Kate Heckman.

Stratos has also looked at National Grandparents Day and National Massage Therapy Awareness Week to further promote the brand, she notes, suggesting that other companies in the CBD space should do the same.

“It’s sort of an American thing to commercialize it, but it’s also a reason to educate,” she concludes

August 8th – Happy CBD Day 2022

Welcome to Inspirational Technologies 2022.

Hi, My name is Steven Smith

Steven M Smith –
owner “Inspirational Technologies

It has been 2+ years since my initial run in with the topic of CBD, and with that, IT, became a pursuit.

My wife, Janet, and I were en route from Florida (January 2020) to California for a planned 2 months stay. We were to attend a funeral and visit relatives. Then drive the west coast. What began as a call to me became a call to help, both for my wife and forothers:

After that 2 months visit, ours lives are now and forever changing daily.

See Our Story on this link.

Thank you for consideration.
Inspirational Technologies
InspirationalTech.org for your Health Wellness Beauty and Inspirational Goals

For More Information on Cannabis and CBD and YOU. Click On the Following Link

Cannabis CBD and Me

USE PROMO CODE ” QPRBBV78NY ”

CLICK HERE TO BE DIRECTED TO MY SMARTCBDelivery.com Site.

USE PROMO CODE ” QPRBBV78NY ” (COPY & PASTE) @ E-COMMERCE WEBSITE & SAVE 15% OFF ALL ORDERS

 

Free Delivery, Priority Mail in US,

Same Day Packaging and Processing,

100% Happiness Guaranteed, 3rd Party Testing (COAs on Website).

Subsidiary of MCOA Marijuana Company Of America.

AllRightsReserved2022

1st Hemp USA News is a resource of Inspirational Technologies (2022)
Inspirational Technologies (2022) AllRightsReserved
Your ONE STOP BLOG FOR INFORMATION, EDUCATION, & INSPIRATION OF ESSENTIAL INNOVATION & RENOVATION of You-
THANK YOU FOR YOUR INTEREST
*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 SmithAllRightsReserved2022#cbdtea #cbdoils #cbdcures #hempproducts #hempcommunity #cbdedibles #healthylifestyle #weed #cbdflower #cbdeducation #cbdforpain #cbdtincture #thc #cbdlove #hempcbd #cbduk #cbdforanxiety #anxiety #cbdoilbenefits #cbdbeauty #cbdstore #cbdcream #natural #cbdforpets #hempheals #cbdfacts #cbdwholesale #cbdproducts #cbd #cbdhealth #cbdoil #cbdoil #coa #hemp #cbdhealth #cbdproducts #cannabis #cbdlife #cannabiscommunity #cbdmovement #hempoil #cbdheals #cbdcommunity #cbdvape #cbdwellness #cbdbenefits #cannabisculture #cbdgummies #cannabidiol #health #organic #wellness #cbdflowers #cbdisolate #cbdhelps #cbdshop #hemplife #cbdedibles #cbdhemp #sativa #cbdtincture #weed #cbdlifestyle #cbdoils #indica #cbdcures #cbdskincare #cbdflower #anxiety #fullspectrum #cbduk #ultrabroadspectrum #medicalmarijuana #cbdforthepeople #cbdoilbenefits #healthylifestyle #natural #cbdforpain #cannabinoids #bhfyp #cannabisoil #cbdeducation #hempcommunity #life #hempproducts #hightimes #weedstagram #inspirational #technologies #inspirationaltechnologies #backgroundnoisestudios #1sthempusa #hempower #2018farmbill #hempfarm #hempfarmers #industrialhemp #hempseed #WeAreInThisTogether #MentalHealth #AnxietyHelp #DepressionHelp #MentalHealthMatters #LoveThisAbility #cbdlife #cbdmovement #hemp #cbdcommunity #cbdheals #cbdwellness #cbdbenefits #cannabis #cannabiscommunity #hempoil #cbdgummies #cbdflowers #wellness #cbdhelps #health #organic #cbdshop #cannabisculture #hemplife #cannabidiol #cbdlifestyle #cbdhemp #cbdskincare #hempflower #bhfyp #mcoa #inspire #hempsmart #inspirationaltechnologies #global #IndustrialHempIndustryAFFILIATE SIGN UP REGISTRATION LINK – Opportunity to Save – Distribute – Become Knowledgeable – Change Lives #cbdoil #coa #hemp #cbdhealth #cbdproducts #cannabis #cbdlife #cannabiscommunity #cbdmovement #hempoil #cbdheals #cbdcommunity #cbdvape #thc #cbdwellness #cbdbenefits #cannabisculture #cbdgummies #cannabidiol #health #organic #wellness #cbdflowers #cbdisolate #cbdhelps #cbdshop #hemplife #cbdedibles #cbdhemp #sativa #cbdtincture #weedporn #cbdlifestyle #cbdoils #indica #cbdcures #cbdskincare #cbdflower #anxiety #fullspectrum #cbduk #ultrabroadspectrum

 

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“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.

 

Inspirational Technologies
4 Hemp Club

“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.

Florida Hemp

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

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.
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.  
 

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Cannabis Freedom Alliance Releases New White Paper on Federal Regulation of Cannabis in a Legalized Environment

WASHINGTON, Nov. 15, 2021 – Today, the Cannabis Freedom Alliance (CFA) announced that it has endorsed the States Reform Act.

The Act strongly aligns with CFA’s vision of ending prohibition in a manner consistent with helping all Americans achieve their full potential and limiting the number of barriers that inhibit innovation and entrepreneurship in a free and open market. The States Reform Act is the truly principled vehicle for conservatives, libertarian, and all who value limited government to support cannabis reform.

See the source image
Rep. Nancy Mace’s (R-SC)’s team in crafting this legislation and to lend it our future support. The Act creates a bill that keeps Americans and their children safe while ending the federal preemption of and interference with state cannabis laws

 

 
 
 

CFA was proud to work with Rep. Nancy Mace’s (R-SC)’s team in crafting this legislation and to lend it our future support. The Act creates a bill that keeps Americans and their children safe while ending the federal preemption of and interference with state cannabis laws.

The States Reform Act: Federally decriminalizes cannabis and fully defers to state powers over prohibition and commercial regulation Regulates cannabis products like alcohol products Institutes a 3% federal excise tax on those products to fund law enforcement and small business programs. Ensures the continued existence of state medical cannabis programs and patient access while allowing for new medical research and products to be developed Protects our veterans by ensuring they will not be discriminated against in federal hiring for cannabis use or lose their VA healthcare for following their doctor’s advice to use medical cannabis Protects children and young adults under 21 from cannabis products and advertising nationwide

Weldon Angelos, co-Coordinator of CFA’s Steering Committee and head of Mission Green/The Weldon Project, said: “The States Reform Act represents exciting movement towards compromise on the cannabis criminal justice issue and progress-building on the First Step Act. Representative Mace is bringing constructive solutions that promise to bring more Republicans to the table to end an unjust root cause of mass incarceration.”

Weldon Angelos was sentenced to a mandatory 55 years in prison for selling a few pounds of marijuana while possessing a firearm “As cannabis use continues to grow throughout the country, this legislation is a good first step at striking a regulatory balance between the federal government and states,” said Jillian Snider, R Street Institute Criminal Justice & Civil Liberties Policy Director and retired NYPD officer. “It provides a comprehensive framework for federal decriminalization, including updating laws that help guide our criminal justice system.

One crucial change would allow certain non-violent federal cannabis convictions to be expunged, freeing up those resources to protect public safety in other, more valuable ways. We are thrilled to see a Republican-led effort to bring federal cannabis laws into the modern age and applaud Congresswoman Mace for her leadership.”

Cannabis Freedom Alliance Releases New White Paper on Federal Regulation of Cannabis in a Legalized Environment Cannabis Freedom Alliance (CFA), a coalition of prominent national advocacy and business organizations seeking to end the prohibition and criminalization of cannabis in the United States, released a White Paper that provides an overview and general recommendations to help guide the effort toward federal legalization of cannabis. CFA Steering Committee Membership includes prominent national advocacy organizations Americans for Prosperity (AFP), Mission Green/The Weldon Project, the Reason Foundation, and the Global Alliance for Cannabis Commerce (GACC), and Law Enforcement Action Partnership (LEAP).

The CFA White Paper, available for download at cannabisfreedomalliance.org, provides analysis and makes recommendations on a variety of topics–from criminal justice reform to the mechanics of federally-regulated interstate trade–that help ensure a free, fair, open, and equitable cannabis marketplace for all Americans. Specifically, the aim is to achieve the following goals: Establishing a regulatory framework that promotes public safety while allowing innovation, industry, and research to thrive. Ensuring individuals previously involved in the illicit market can effectively secure a second chance and contribute to the legal market. Creating low barriers to entry and non-restrictive occupational and business licensing so that large companies and new entrepreneurs can compete on a level playing field. Imposing a total tax burden – federal, state, and local combined – that does not incentivize the continuation of gray or black markets and ensures competitive global footing for a vibrant, novel U.S. industry. For more information on the CFA or to join our efforts, please visit our website at cannabisfreedomalliance.org or email us at info@cannabisfreedomalliance.org.

About the Cannabis Freedom Alliance: The Cannabis Freedom Alliance (CFA) is a coalition of advocacy and business organizations seeking to end the prohibition and criminalization of cannabis in the United States in a manner consistent with helping all Americans achieve their full potential and limiting the number of barriers that inhibit innovation and entrepreneurship in a free and open market.

UPDATED NEWS ON Pennsylvania MMJ Cultivation Two state senators announced plans this week to introduce legislation that would allow Pennsylvania medical marijuana patients to grow their own plants at home. Sens. Dan Laughlin, R-Erie, and Sharif Street, D-Philadelphia, said they will co-sponsor legislation to allow Pennsylvanians in the state’s medical marijuana program (MMJ) to cultivate a limited number of cannabis plants from their home for personal use. “Pennsylvania’s MMJ Advisory Board and the state Health Department have mounting data illustrating significant disparities in accessibility,” Laughlin said.

“Cost has likewise been a big burden for patients for quite some time.” Pennsylvania approved medical marijuana with Act 16 in 2016, but patients in some rural counties must travel more than two hours to purchase flower at a dispensary. Patients also have complained products at the dispensaries are very expensive, particularly for cancer and terminally ill patients who do not have insurance coverage for the medicine they need. “It is critical that policy meet people where they are, and by allowing medical marijuana patients to grow cannabis plants at home, we can help ease the cost and accessibility burdens for this important medicine,” Laughlin said.

“This legislation would go a long way towards helping everyday Pennsylvanians meet their health needs and ensuring everyone is treated equitably and fairly under Act 16.” Laughlin and Street posted a memorandum Wednesday on the Pennsylvania state Senate website to solicit co-sponsors for the legislation. The Marijuana Policy Project, a nonprofit that advocates for marijuana policy reform, reports about half of the states with medical marijuana programs, and 15 of 19 states that have legalized adult-use cannabis, currently allow for personal cultivation. The Marijuana Policy Project contends in states with safeguards in place, such as a limit on plant numbers and requirements to keep grows out of public view, there have been no serious issues. No states have repealed home cultivation, and none is attempting to do so, according to the nonprofit.

The senators’ announcement came just over a month after Laughlin and Street introduced legislation to allow for adult use of marijuana in Pennsylvania. Senate Bill 473 would allow for personal use of marijuana, establish a Cannabis Regulatory Control Board, provide for regulating marijuana businesses, help those convicted of marijuana related crimes to expunge their records and incorporate the changes into current laws regarding driving under the influence. SB 473 is awaiting a hearing in the Senate Law and Justice Committee.

Laughlin and Street said more than 60% of Pennsylvanians support adult-use marijuana legislation, which the Pennsylvania Independent Fiscal Office estimated would generate between $400 million and $1 billion a year in new tax revenue for the commonwealth. Pennsylvania State Police arrested more than 20,000 adults for marijuana-relation violations in 2020, an increase from 2019, the senators said. Federal lawmakers, meanwhile, also have moved to decriminalize marijuana nationally.

U.S. Rep. Nancy Mace, R-S.C., introduced legislation Monday to decriminalize marijuana and allow states to pass laws and regulations without fear of federal intrusion. Mace told reporters at a Washington news conference a half-dozen of her Republican colleagues plan to co-sponsor the bill she said would regulate marijuana in the same way as alcohol, prohibiting use for anyone under 21, The Associated Press reported. If approved, Mace said, the measure would not change local marijuana restrictions and regulations already adopted by states. “It protects each state’s unique laws and reforms,” she said.

“It takes into account at the federal level that every state is different.” The National Conference of State Legislatures has reported 36 states and four territories have approved medical marijuana use. Eighteen states, two territories and the District of Columbia.

Two Pennsylvania senators seek co-sponsors for grow-your-own-medical-marijuana bill Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Canabis Freedom Alliance – Home | Facebook https://www.facebook.com/CannaFreedomAlliance For more information on the CFA, please contact info@cannabisfreedomalliance.org.

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Cannabis Global Selects Oakland, CA for New Mushroom-based Psychedelics Infusion Research Initiative

 

Cannabis Global, Inc. , an innovation-oriented company investing in disruptive cannabis and hemp-related technologies,

is pleased to announce that it has selected Oakland, CA for the location of its new research initiative to develop methods

to infuse food and beverage products with naturally occurring psychedelic compounds found in many species of mushrooms.

Oakland was selected due to its track record of open-mindedness toward research into psychedelic compounds, such as psilocybin.

As announced in the Company’s release dated October 4,

Cannabis Global recently launched a new research initiative to develop novel methods to infuse foods and beverages with psychedelic compounds

found in many species of mushrooms, including psilocybin, psilocin, baeocystin, norbaeocystin, and aeruginascin, among others.

A major component of the program will be the development of new ways to infuse both the psychedelic compounds

and fungal components into derivative products to improve both bioavailability and taste.

Arman Tabatabei,

CEO of Cannabis Global commented,

“It’s an exciting time for those interested in the benefits of psychedelics as the citizens of California

have the capability to sign petitions to add an initiative to the 2022 legislative agenda to legalize

these potentially healthful compounds.

We certainly support such efforts and plan to conduct research to apply our food and beverage infusion expertise

from our years of work in the cannabis sector to this emerging marketplace.”

 

About Cannabis Global, Inc.

Cannabis Global, Inc. is a Los Angeles-based, fully audited and reporting Company with the U.S. Securities & Exchange Commission, trading under the stock symbol CBGL.

We are an emerging force in the cannabis marketplace with a growing product and proprietary intellectual property portfolio.

We are marketing and producing Comply Bag™, an innovative solution for cannabis storage, transport and tracking, and are the developer and marketer of the Hemp You Can Feel™ brand.

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.

Comply Bag™, an innovative solution for cannabis storage, transport and tracking

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