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It’s In the Numbers for Cannabis. In the US, Beverages and Pre-Rolls saw the strongest year over year growth rates in 2021

Key takeaways: In the US, Beverages and Pre-Rolls saw the strongest year over year growth rates in 2021, while the Tincture & Sublingual category saw a decline in sales.

On the other hand, Tincture & Sublingual products in Canada, which were released in late 2020 with other ‘Cannabis 2.0’ products, saw over 3000% growth year over year.

Flower market share is in decline in both the US and Canada. Sales from female consumers in the US have increased 55%, while sales from male consumers have increased 49%.

Gen Z consumers are quickly aging into the market, with US market share to this age group more than doubling over the last two years, from 8.3% to 15%.

Vapor Pen wallet share decreases with customer age, while Edible wallet share increases with customer age.

Meanwhile, Pre-Roll wallet share is remarkably constant across age groups, indicating that the convenience and familiarity of a pre-rolled joint has universal appeal.

Both Gen Z and Millennial females logged much higher sales shares in Canada last quarter than their American counterparts. In fact, female customers overall contributed 36.7% of total sales in Canada while in America that value was only 32.6%.

Those are the trends and here are the products. When exploring product categories, reports found that certain categories have been more successful than others in the US and Canada.

  This is likely caused by a steady decrease in customer participation in the category, rather than a decreased spend among customers who prefer flower. 

The Beverage category is one of few product categories that saw positive market share growth in both the US and Canada between 2020 and 2021. This was driven by an increase in basket penetration over time.

 

 

 

 

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

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

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

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

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

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

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

We are marketing and producing Comply Bag(TM), an innovative solution for cannabis storage, transport and tracking. Our subsidiary, Natural Plant Extract (NPE), is a Southern California licensed cannabis manufacturer and distributor which licenses our technologies to produce edibles for the cannabis marketplace.

Comply Bag Technology

 

Cannabis Global has filed three non-provisional and multiple provisional patents for cannabis infusion and nanoparticle technologies and continues an active research & development program. About Active Health Foods Active Health Foods recently acquired CoinChamp, Inc., and the operations of CoinChamp now represent the operations of the entire Company. CoinChamp is developing a platform for the plug-and-play creation of non-fungible tokens.

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

About The Hub Craft

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

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

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A Brand you can Trust

MCOA’s wholly owned subsidiary hempsmart™ is a CBD company focused on creating and promoting the most effective, best tasting, and highest quality products on the market. We are industry leaders in premium CBD with proprietary botanical ingredients and LAB TESTED products that support the wisdom of every cell in the body. MCOA 2022 has expanded into the global cannabis marketplace with hempsmart™ products promoting, a healthy lifestyle including positive mental and physical wellness.  Our brand promise affirms our commitment to serving customers with proven products that promote a more positive lifestyle including mental and physical wellness. hempsmart™ rebrand unveils a fresh take on its packaging and e-commerce website for hempsmart™ premium CBD organic products.  The new site includes an educational component for CBD and the Cannabis industry.  By offering useful news and relevant information, it is MCOA’s goal to have hempsmart.com become recognized as a leading source for CBD products and industry updates. The new platforms for MCOA and hempsmart™ will engage customers via social media—Instagram, Twitter, Tik Tok, and more which will generate a new loyal group of followers. hempsmart™ premier products include its Smart Drops (CBD Drops), Neuro Smart (Patented Brain Pills), and Smart Cream (Pain Cream) brands. These organic, plant-based products help to manage anxiety, pain and insomnia without the inclusion of THC. Shop & Join the Community Today!  LEARN MORE

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

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“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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Thailand: Plans To Legalize Cannabis Consumption, Carrying And Home-Cultivation In 2022

The Ministry of Public Health of Thailand stated that it will push for the legalization of cannabis in 2022.

As reported by the Bangkok Post, the country had already removed cannabis stems and branches from its list

of category 5 narcotic substances but kept flowers and buds.

However, the new Narcotics Code, which came into force last Thursday, no longer includes cannabis and hemp.

According to the Thai newspaper, Health Minister Anutin Charnvirakul outlined the next goals in the regulation of the plant: “What we have achieved so far is to declare that cannabis stems, roots, and leaves are not drugs. Starting next year, we will remove everything – stems, roots, leaves, buds, flowers, and seeds – from the list of narcotic drugs.”

Cannabis And Hemp in Thailand the only exception to the new rule is that CBD extracts with a THC percentage higher than 0.2% will not be allowed.

Charnvirakul justified this by saying that “the figure has not been set unilaterally by Thailand. It is the standard of the World Health Organization.”

                                             World Health Organization

In the meantime, once the new narcotics schedule comes into effect, all cannabis-derived products (such as oil, soap, cosmetics, and supplements, which normally have less than 0.2% THC) will be authorized in the country.

The objective behind the relaxation of cannabis regulations is to stimulate the economy, agricultural tourism, and encourage people to grow and process cannabis to supplement their income.

Thus, residents of the country who wish to grow cannabis at home will be able to do so without quantity restrictions.

The only requirement is to obtain permission from local authorities before doing so.    

Is weed legal in Thailand?

Medical: Legal
Recreational: Illegal

The use of recreational cannabis in Thailand is illegal but cultivating it and using it for medical purposes is permitted, thanks to recent governmental policy updates. Here’s a look at how Thailand’s marijuana laws have evolved.

 

In the 1930s, as many countries around the world began regulating marijuana usage, Thailand got on board as well. In 1935 Thailand’s government passed the Cannabis Act, criminalizing the possession, sale, and use of the substance. In 1979, Thailand cracked down even further passing the Narcotics Act of B.E.2522 which ranked cannabis as a Category 5 drug. With the Thailand government’s strict drug penalization policies, this meant getting caught with large doses of marijuana could result in the death sentence!

Thailand’s weed laws remained unchanged until 2019 when the World Health Organization (WHO) changed weed’s classification from a Schedule IV to Schedule 1 ranking due to “evidence that some cannabis-based preparations have a medical use.”

Inquirer.net reported on how Thailand became the first Southeast Asian country to loosen its weed laws in turn with the passage of Narcotics Act (No. 7) B.E. 2562, which officially legalized the use of marijuana for medical purposes.

In January 2021, Thailand continued to loosen medical marijuana restrictions, legalizing the sale of food and cosmetics products containing cannabis leaves, stems, stalks, and roots. 

Thai sentiment toward marijuana

Cannabis, or Ganga as it is locally called, was once a major part of Thai people’s lives. Women used it to ease labor pains and men used it to ease back pains after a long day of physical labor. The hemp plant was also commonly used to season cooking and for the creation of locally worn fabrics. 

Today, with the new legalization of hemp products, cafes and restaurants such as S AM ARE, GTG Cafe and Kiew Kai Ka Cafe use CBD in their cuisine. Weed-loving visitors will be happy to find a wide range of cannabis-infused foods including omelets, salads, ice milk tea, cookies, and croissants, to name a few.

As for local sentiment towards its recreational use, a recent survey of 700 residents in Greater Bangkok, aged 20 to 59, revealed that over 64% are willing to try products containing low levels of THC Nikkei Research reported.

No, recreational marijuana is still illegal. Thanks to its heavy tourism industry, however, smoking weed in Thailand is a common sight on the beaches of Koh Phangan and Pai as well as in rasta bars. In city centers like Bangkok and Phuket however, you are far more likely to get caught and face criminal charges. 

What are the penalties for cannabis possession in Thailand?

Like many countries in Asia, Thailand has strict drug laws. Possession of 10 kg or more of marijuana with an intent to sell it can result in a 15 years prison sentence and a fine of 1.5 million baht (~USD$45,000). Getting caught with a small amount of marijuana for recreational usage can result in confiscation and fines, as well as dealing with the hassle of the local police, as many Reddit users warned. 

What are Thailand’s policies on medical cannabis and CBD-based products?

Thailand is at the forefront of the South-Eastern Asia medical marijuana front. On May 11, 2021 the country opened two full-time clinics dispensing cannabis oil for medical treatment. 

Additionally, Thailand has several government agencies and state-registered agricultural community programs for the cultivation and possession of cannabis. Hemp-based products with under .2% THC are legal. 

To help locally source hemp production, as well as generate increased local revenue, Thailand’s new prime minister passed legislation allowing households to grow up to 6 cannabis plants each, as reported by Bloomberg News. Similar to EU policies, Thai-grown cannabis plants must contain less than .2% THC, and be sold to the country’s medical facilities.

Thailand residents with approved health conditions can get a prescription from their doctor for marijuana use. Visitors wishing to bring in their medical marijuana may do so as well upon presenting their doctor’s prescription.

 

 

 

 


 

 

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Hemp – To Be Used as Livestock Feed – Unlocking More Potential for the Cash Crop

Las Vegas, NV, Dec. 24th, 2021, Happy Holidays from Inspirational Technologies!

Last Minute Thoughts before the New Year’s Celebration Reminds Us of Our Resolution’s and the effects on us post endeavor. In other words, think about Pain Creams, Skin Care and Your Health in General. And not only Your health and care, but also your loved ones. So Inspirational Technologies recognizes hempSMART as our go to product for the New Year 2022. You can find more information below, after our Blog Post on our livestock benefits.  Thank you, for your consideration – Steven Smith, Founder, Inspirational Technologies (2014) 

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Hemp Used as Livestock Feed Unlocks More Potential for the Cash Crop

 

Using Hemp As A Rotational Crop

Recent reports on the benefits of using hemp as livestock feed and how it can unlock more opportunities as this cash crop continues to flourish at an exponential rate. After almost being entirely eliminated from the American landscape in the 1950s, Congress finally made it legal in 2018 to grow hemp in America again.

Recognizing that not all cannabis plants were bred to have high concentrations of THC allows for segments of the agricultural sector to cash in on the hemp crop too.

While hemp is primarily grown to produce seed, fiber, medicine and oil (and has thousands of uses), the byproducts that remain after harvest could serve as feed for animals.

This may include leaves, fodder and residual plant fibers. Since these byproducts are predominantly “cellulose-containing plant materials” the best type of animals to utilize these byproducts are ruminants (cattle, sheep, goats, buffalo, deer, elk, giraffes and camels) because of their unique digestive system.

This opens the door for segments of the agricultural industry to take advantage of opportunities in the hemp market by using hemp as animal feed.

While the 2018 Farm Bill made it legal to grow hemp, feed ingredients, including hemp, fall under the jurisdiction of the FDA (Food & Drug Administration), thus hemp growers are still petitioning the government to approve the plant as livestock feed.

According to the VP of the Hemp Feed Coalition, “large scale hemp production will create inexpensive byproducts that are valuable as animal feed ingredients. Hemp seed meal provides high values of nutrition, such as complete protein, omega-3 and mega-6 fatty acids.” (Source reveals) To realize these benefits, the Hemp Feed Coalition is working to gain federal approval for hemp and its byproducts as an animal feed ingredient. In an article published a few months ago, “prior to prohibition in 1937, wild hemp grew freely across North America and was a natural part of the diet of all grass-grazing animals, including cows, goats, sheep and bison.

Even pasture-raised chickens pecked at the plants, which means CBD, small amounts of THC and all the other cannabinoids we’ve since discovered were also a natural part of the human diet, via meat, milk and eggs.”

Hemp Industry Daily says the animal-feed ingredient approval process typically takes up to four years, but FDA authorities have promised to fast-track it, reducing the process to 1-2 years.

As of today, hemp as a feed ingredient, is not approved by the Association of American Feed Control Officials (AAFCO) or the FDA Center for Veterinary Medicine.

Approval from these entities would unlock more opportunities of what the cash crop has to offer. Industrial hemp has nearly unlimited potential and the surface of that potential has only been scratched. Much more remains to be discovered about the possible uses of the robust, multi-purpose substance.

Federal legislation in favor of hemp and many state approvals across the country, have been a boon to the industry.

And with immense profits to be made, there is no doubt that companies in the industry, will benefit from it.

The number of consumer products made from hemp is already mind-boggling. From personal care items to fuel, the list seems to be endless.

 

 

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