Understanding pain and recognizing that you are not alone.
Research tells us that 50 million Americans live with chronic pain, or pain that lasts most days or every day for three months or more. Of this group, 20 million experience high-impact chronic pain, or pain that interferes with basic functioning and activities of daily living. Pain is the number one reason that Americans access the health care system, and costs the nation up to $635 billion each year in medical treatments, disability payments, and lost productivity.
Yet despite these staggering numbers, chronic pain is vastly under-recognized, underfunded, and under-treated when considering its significant impact on American lives. Research, treatment options, and support for those affected individuals still lag behind other major diseases.
CBD (cannabidiol) has garnered attention as a potential remedy for various health issues, including pain management. Let’s delve into how CBD can help with inflammation, chronic pain, and arthritis:
CBD for Inflammation:
Research suggests that CBD may have a positive effect on inflammatory pain. Although many studies have been conducted on animals, their results may not directly translate to humans.
A 2020 review indicated that CBD could interact with neurological receptors in the spinal cord, potentially suppressing chronic inflammatory pain.
Additionally, CBD may increase levels of AEA (an endogenous cannabinoid), which is known to reduce pain.
CBD for Chronic Pain:
In a 2018 study, researchers evaluated CBD’s pain-relieving effects in individuals who experienced chronic pain after kidney transplants.
Six out of seven participants reported improvements in pain. Interestingly, one participant experienced more pain at higher CBD doses but found better pain management at lower doses.
CBD for Arthritis Pain:
Cannabinoids, including CBD, interact with receptors that influence pain and inflammation in the body.
While animal studies have suggested that CBD has pain-relieving and anti-inflammatory properties, these effects have not been conclusively validated in high-quality human studies.
Remember that CBD’s efficacy can vary from person to person, and it’s essential to consult with a healthcare professional before incorporating CBD into your pain management routine. Always check your local laws and regulations regarding CBD usage.
Steven M Smith InspirationalTech.org CEO since 2013.
Their combined income with Harvest Health & Recreation in the second quarter of the year was an impressive $317.6 million. Trulieve’s strategic moves, such as securing $350 million in debt financing and Harvest’s recent $55 million licensing sale in Florida, have contributed to their financial strength. Trulieve reported $215 million in cash and cash alternatives, while Harvest brought in $71 million during the same period. Together, they achieved a combined revenue of $318 million, making Trulieve the top public reporting cannabis company in the country1. Trulieve’s CEO, Kim Rivers, expressed excitement about the acquisition, emphasizing the shared values and focus on core markets. This strategic move allows Trulieve to expand into growing markets nationwide, including the adult-use space in Arizona. Their goal is to create an iconic U.S. cannabis brand and provide best-in-class service to patients and customers across the nation1. Furthermore, Trulieve has actively contributed to efforts aimed at pot legalization in Florida. They recognize the challenges faced by small business owners due to hefty application fees and the state’s vertical integration model. By supporting legalization, Trulieve aims to foster a more accessible and inclusive cannabis industry in the state4. In summary, Trulieve’s commitment to vertical integration, strategic acquisitions, and dedication to serving patients and customers has solidified its position as a leader in the cannabis industry, both in Florida and nationally.
Kim Rivers, the CEO of Trulieve , has been a driving force behind the company’s substantial growth and strategic direction, especially in the context of recent federal rescheduling discussions and the company’s operational optimizations.
With her expected appearance at the Benzinga Cannabis Capital Conference in April in Hollywood, Florida, let’s dive into her expertise and what attendees can expect from Rivers at the conference.
Advocating For Federal Cannabis Reform
Rivers has been vocal about the potential impact of federal cannabis rescheduling on the industry. She highlighted the significant tax burdens cannabis businesses face due to current federal classifications.
Rivers expressed optimism about the Health and Human Services Department’s recommendation to the Drug Enforcement Administration regarding cannabis rescheduling. This change could significantly alleviate operational challenges for companies such as Trulieve.
Operational Growth And Expansion
Under Rivers’ leadership, Trulieve expanded dramatically, growing from 10 employees in one state to a presence in 11 states with 9,000 employees. Last year, Trulieve made seven acquisitions, including a billion-dollar merger with Harvest Health & Recreation Inc. This growth strategy increased Trulieve’s market presence and its ability to serve a broader customer base.
Optimizing Operations And Financial Efficiency
Following Trulieve’s first quarter 2023 earnings report, Rivers discussed the company’s approach to optimizing its portfolio and efficiencies across its platform.
Despite declining revenue, Trulieve reported record results for the 4/20 period and demonstrated a commitment to financial efficiency by significantly reducing selling, general, and administrative expenses.
Rivers emphasized the importance of aligning operations across the combined assets of the company’s acquisitions and the strategic management of facilities to match market demand.
Addressing Overproduction, Market Demand
Rivers also noted Trulieve’s achievements in improving gross margins and managing inventory levels, even in the face of overproduction challenges.
The company’s new 750,000-square-foot facility in Florida produced higher yields and quality than anticipated, showcasing Trulieve’s operational capabilities and commitment to product excellence.
Speaking At Benzinga Cannabis Capital Conference
Rivers is slated to be a speaker at the upcoming Benzinga Cannabis Capital Conference in April, where she will likely share more insights into Trulieve’s strategies, market perspectives and vision for the future of the cannabis industry. Her participation underscores her role as a thought leader in the cannabis space, offering valuable perspectives on navigating the complexities of the rapidly evolving market.
The CBD Effect on Cannabis
While Cannabis is a very crucial part of the Marijuana movement, we must remember that CBD is a complex field with ongoing research, legal considerations, and exciting technological advancements.
In 2024, several states are poised to make significant strides in marijuana legalization. Let’s explore some of the key developments:
Wisconsin:
Despite past disagreements between Democratic Governor Tony Evers and Republican lawmakers, Wisconsin is a strong contender to legalize medical cannabis this year.
Governor Evers has expressed openness to a more limited medical cannabis program proposed by Republicans, which would initially allow for five stores to sell non-smokable cannabis products1.
Virginia:
Virginia lawmakers have already passed legislation that will legalize marijuana in 2024.
Starting January 1, 2024, possession of up to an ounce of marijuana will be legal, and regulations will be implemented to control the marijuana marketplace in the state2.
Other States:
While these two states stand out, there are other states with unfinished business in terms of cannabis policy.
Some states are likely to take up medical cannabis legalization, while others may move toward adult-use legalization.
Additionally, campaigns are underway in Florida, Idaho, Nebraska, and South Dakota to put legalization questions before voters in the November 2024 election1.
Remember, the landscape of cannabis legalization is dynamic, and attitudes are shifting. Whether through legislative action or citizen initiatives, we’re witnessing progress toward a more inclusive and informed approach to cannabis policy across the nation.
Now, Let’s delve into the world of CBD (cannabidiol) and explore various aspects related to it:
CBD Stigma:
Despite its growing popularity, there remains a stigma surrounding CBD. This stigma often arises from misconceptions and lack of understanding.
Some people associate CBD with the psychoactive effects of THC (tetrahydrocannabinol), even though CBD itself does not cause a “high.”
Efforts are being made to change this perception and educate the public about the potential benefits of CBD.
Research on CBD:
CBD has gained attention for its potential therapeutic properties. Early studies suggest it may help with anxiety, pain relief, and neurological conditions.
The FDA has approved a prescription drug called Epidiolex, which contains CBD as an active ingredient, specifically for treating certain types of epilepsy.
However, more research is needed to fully understand CBD’s benefits and safety.
State Legality of CBD:
The legality of CBD varies by state. Some states fully embrace CBD, while others impose restrictions.
Federally, CBD derived from hemp (with less than 0.3% THC) is legal. However, CBD derived from cannabis remains a Schedule 1 substance.
State laws play a crucial role in determining how CBD can be used, sold, and accessed.
Inspirational Technologies on CBD:
The CBD industry is evolving, and technology is playing a significant role.
Innovations include:
Smart Vaporizers: These allow precise control over temperature and dosage.
Concentrated Minor Cannabinoids: Companies are exploring over 100 minor cannabinoids found in hemp plants, such as CBN and CBG.
Regulatory Changes: Legislation could pave the way for marketing CBD as a dietary supplement, expanding distribution channels.
Big-Box Retail Access: CBD products may soon hit mainstream brick-and-mortar retail stores.
In summary, CBD is a complex field with ongoing research, legal considerations, and exciting technological advancements.
LAS VEGAS, NV – Romaine calm! Hemp, Inc. is to report that the global hemp-based foods market is showing strong indicators of growth, fueled by the rising vegan population, advancements in processing technology, and the increasing number of health-conscious consumers seeking plant-based and gluten-free alternatives. The hemp-based foods market is set to reach $8.36 billion by 2028 according to The Business Research Company’s (TBRC) latest report, “Hemp Based Foods Global Market Report 2024″. The report unveils a comprehensive overview of the hemp-based foods sector. Projected to achieve a robust compound annual growth rate (CAGR) of 8.9%, the market is anticipated to burgeon from its current standing to an impressive $8.36 billion by 2028. This surge is attributed primarily to the expanding vegan population across the globe. (Great things happen when olive our friends stick together.) Anyway, TBRC’s analysis provides an excellent in-depth look at the hemp-based foods market, breaking it down into critical segments:
— Distribution Channels: Supermarket Stores, Convenience Stores
— Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East, and Africa
Hemp-based foods, derived from the seeds of the hemp plant, are celebrated for their nutritional completeness, featuring all the essential amino acids required by the human body. The report highlights hemp milk, hemp oil, hemp cheese substitutes, and hemp-based protein powders as key products fueling the market’s growth. Notably, hemp seed oil emerges as a versatile product, finding utility in both culinary applications and as a valued ingredient in cosmetic formulations.
The report underscores the diverse uses of hemp seeds and oils, highlighting their nutritional profile rich in omega fatty acids and gamma-linolenic acid. Their therapeutic properties, bolstered by high antioxidant content, make hemp-based foods an attractive option for health-conscious consumers.
Distributed primarily through supermarkets and convenience stores, hemp-based foods are becoming increasingly accessible to consumers worldwide, further propelling market growth. And with a robust infrastructure for hemp cultivation and a steadily growing demand for plant-based food from our vegan slayers here, North America is poised to dominate the market share, according to the Report. Yes, the forks have spoken and Hemp, Inc. is one of the companies at the forefront listening!
Hemp, Inc. has been one of the key players in this burgeoning industry, driving the market forward with its quality products and strategic market approaches. Coupled with an invaluable roster of connections with hemp manufacturers and vendors across the country and abroad, the Company expects to see meteoric growth curves on a domestic and international scale as the industry continues to grow.
Through its e-portal (www.hempinc.com), the Company’s hemp-derived products are poised to capture a large share of the marketplace on a global scale and to play a vital role in maintaining good health and well-being… two significant growth factors of the CBD market. The Company’s product line contains CBD, CBDA, CBG, CBGA, and CBN (non-psychoactive compounds found in cannabis plants). These are active ingredients in cannabis that are derived from the hemp plant, which is widely known for pain relief, relaxation, and anxiety relief. A recipe is only as good as its ingredients and how those ingredients are blended.
Hemp, Inc. is the only company in America that uses pharmaceutical-grade beta-cyclodextrin (a carbohydrate used during the manufacturing process). Carbohydrates bond with oils including all the cannabinoids for massive and rapid absorption and uptake. The Company’s CBD, CBDA, CBG, CBGA, and CBN product lines are highly potent therapeutic doses that have received rave reviews.
Hemp, Inc. has also pushed the boundaries with its CBD/CBG coffee enhancer. This powerhouse product is super potent, absorbs rapidly in coffee, and is 4 times more potent (at a fraction of the price) than other hemp-derived coffee enhancers currently on the market. Its high-quality ingredient combination offers 30 servings per bottle and contains a total of 10,000mg of cannabinoids (7,500mg CBD and 2,500mg CBG) in an MCT oil base. Per serving, that’s 250mg CBD and 83mg CBG remarkably mixed in a wonderfully rich cup of coffee.
The CBD/CBG coffee enhancer comes in plain (natural) and vanilla flavors. The plain (natural) coffee enhancer is available now and the vanilla flavor will be available by the end of this month. A single container (7-day supply) retails for $27.95 and a bottle (30-day supply) retails for $99.95. Wholesale bulk orders are single-use packages, available through select restaurants. Currently, Hemp, Inc. has decided to expand its product line and has updated its website. The Company will announce its new products as they are launched throughout the year.
Hemp, Inc. also discovered its grounded kenaf and hemp blend is the perfect substrate to grow healthy and/or medicinal mushrooms and can make and/or provide the raw materials to produce hemp-based products such as hempcrete, horse bedding, hemp bio-plastics, and more. As one of the most rapidly growing plants on the planet, the hemp plant is used to make a variety of hemp products. It can be shifted into rope, paper, textiles, clothing, disposable polymers, paint, insulation, food, and animal feed.
On the industrial side, Hemp, Inc.’s industrial hemp plant in North Carolina manufactures and sells two industrial hemp products: Spill-Be-Gone(TM) (an oil spill cleanup product made from the core particles and powder of the kenaf and hemp plant) and DrillWall(TM) (a non-toxic, biodegradable drilling fluid additive used in oilfield drilling applications). Hemp, Inc.’s Spill-Be-Gone(TM) is sold in industrial-sized quantities for large oil spill cleanups. It is fast and cost-effective in cleaning up oil spills on land or water. The Company’s DrillWall(TM) is a tested LCM made of kenaf and hemp cellulose. It includes milled products from kenaf and hemp that are made into oil drilling fluid additives and oil absorbents.
As cannabis legalization continues to expand across the globe, more and more hotels and resorts are catering to cannabis enthusiasts. This year, travelers can look forward to a wide range of cannabis-friendly accommodations that provide a unique and enjoyable experience. From luxury resorts with designated smoking areas to boutique hotels offering curated cannabis menus, there will be plenty of options for those seeking a cannabis-friendly getaway.
The Lexi is the first cannabis-friendly establishment on the famed Strip. With its sleek and modern design, The Lexi aims to redefine the concept of cannabis-friendly accommodations. Guests can expect top-notch amenities such as in-room vaporizers and personalized cannabis concierge services. The Lexi’s prime location on the famed Strip ensures easy access to nearby dispensaries and a vibrant nightlife scene. They make it the ultimate destination for cannabis enthusiasts in 2024.
The Scotia Lodge is a 100-year-old boutique hotel situated just above the northern entrance to the Avenue of the Giants in Scotia. It offers a unique blend of historic charm and modern luxury. With its recent renovation in 2021, the hotel now boasts 22 beautifully designed guest rooms and suites. They provide a comfortable and stylish retreat for guests. Cannabis enthusiasts in 2024 will be delighted to know that Scotia Lodge is cannabis-friendly. The hotel provides a designated smoking area where cannabis enthusiasts can enjoy their favorite strains.
RoMarley is a seaside paradise for cannabis fans who want to get away to the tropics. In the beautiful Riviera Maya, this one-of-a-kind retreat offers guests a variety of luxury lodging and services to help them enjoy their love of cannabis. As an exclusive beach club, this cannabis-friendly retreat offers something new. This environment allows guests to get lost in the spirit of paradise.
RoMarley Beach House offers private smoking places and guided cannabis experiences to make sure that all marijuana fans have a great and relaxing holiday.
The Arrowhead Manor, a boutique hotel in Morrison, allows guests to smoke weed in the outdoor patio, and will book a cannabis-infused chef upon request. Guests at The Arrowhead Manor can indulge in their love of cannabis while enjoying the breathtaking views from the outdoor patio. For those looking for a truly unique culinary experience, the hotel also offers the option to book a cannabis-infused chef, ensuring a relaxing and flavorful stay. Any licensed and open option requires planning and traveling.
The Flying Pig Downtown Hostel – Amsterdam
The Flying Pig Downtown Hostel in Amsterdam is a popular choice for budget travelers looking to explore the vibrant city. Located in the heart of Amsterdam, this hostel offers affordable accommodations without compromising on comfort and cleanliness. Guests can light up their favorite type of weed, have a drink, and talk with other guests and staff. They also have a nice little deck outside.
#IntheWeedswithSteve Be patient Florida, this too, shall pass! Steven M Smith InspirationalTech.org CEO since 2013.
Minnesota Office of Cannabis Management (OCM) predicts that the state will need at least 381 dispensaries to meet the requirement for local governments to provide at least one retail shop per every 12,500 residents.
Though Minnesota legalized recreational marijuana in August 2023, tribal lands were the first and only to launch legal cannabis sales shortly thereafter when the White Earth Nation Tribal Council began to sell on the reservation to both tribal and nontribal members the first week of August.
The OCM anticipates dispensaries will launch retail sales next year, once the office issues applications and establishes regulations for retailers.
In its report, issued earlier this week, the regulatory body noted that the situation is complicated by the absence of a well-regulated market for fully legalized marijuana.
“It is impossible at this time to understand the necessary supply of cannabis vs. hemp needed to accommodate total demand without further research,” the report authors wrote. “Until the adult-use market is launched and sales for both types of outlets can be thoroughly assessed, estimates of adequate product supply and outlets for the adult-use program will likely be inaccurate.”
Lack Of Regulated Cannabis Sales Boosts Illicit Market
The report also stressed that more Minnesotans are turning to illicit sources to obtain marijuana.
The “high prevalence of obtaining cannabis from a dealer, an illicit source, among Minnesota residents,” can be attributed to the absence of “legal adult-use sources,” according to the report.
Simultaneously, OCM is working on an interagency plan to put an end to hemp retailers that are selling marijuana buds that exceed the state’s limit of 0.3% delta-9 THC as industrial hemp, reported Hemp Today.
The regulators are allegedly exploring the possibility of involving inspectors from the Office of Medical Cannabis and the Department of Agriculture to look into the sales of these products.
#IntheWeedswithSteve Be patient Florida, this too, shall pass! Steven M Smith InspirationalTech.org CEO since 2013.
Steven M Smith InspirationalTech.org CEO since 2013.
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Continue reading Hempy St. Patrick’s Day – Pot of Gold Jackpot, in Understanding pain and recognizing that you are not alone.
Their combined income with Harvest Health & Recreation in the second quarter of the year was an impressive $317.6 million. Trulieve’s strategic moves, such as securing $350 million in debt financing and Harvest’s recent $55 million licensing sale in Florida, have contributed to their financial strength. Trulieve reported $215 million in cash and cash alternatives, while Harvest brought in $71 million during the same period. 
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