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Posted on 12/21/2021 by Steven M Smith — Leave a comment

Cannabis Global, Inc.: Cannabis Global Reports Significantly Increased Revenues for the Fiscal Year End – Files Annual Report

LOS ANGELES, CA December 15, 2021, Cannabis Global, Inc., an innovation-oriented company investing in disruptive cannabis technologies, today announced the filing of its annual report for the fiscal year ended August 31, 2021. Revenues for the fiscal year grew to just over $1.6 million, compared to approximately $27,000 for the previous fiscal year.

Growth was attributed to increased sales and distribution of cannabis products across a broad array of product ADVERTISEMENT lines, including cannabis flower, edibles, and concentrates. “We are pleased with the strong growth of our distribution and manufacturing businesses via Northern Lights Distribution and Natural Plant Extract of California, respectively,” commented CEO Arman Tabatabaei.

“The customers generating our growth are ordering consistently into this current fiscal year and in some cases are expanding orders and revenues with us. With strong revenue growth and pending new product introductions we remain confident moving into calendar 2022. Our major emphasis moving forward will be to improve profitability especially relating to our high cost of capital to better ensure our bottom line matches the strength of our revenue growth.” CBGL has recently announced the addition of several new product categories, including solventless extracts, infused cannabis pre-rolls and innovative categories of cannabis edibles, which are expected to be released near or after the new year. Mr. Tabatabaei continued, “While this past fiscal year was a year of acquisition, product development and of positioning our products and distribution efforts into an increasingly competitive California cannabis market, we anticipate this current fiscal year being one of emphasis on profitability, new product introductions and full utilization of our suburban Los Angeles manufacturing and distribution facilities.”

At the Lynwood facility, the Company plans to manufacture various cannabis edibles based on its internally developed intellectual property, including its high melt cannabis edible technologies specifically designed for the temperature extremes of cannabis delivery.

Cannabis Global also plans to utilize its distribution license to capture the entire production and distribution revenue stream relative to products produced at Lynwood. “We are now in a fortunate position to have a strong combination of proprietary technologies for cannabis edibles, licensed manufacturing, and licensed distribution capabilities,” commented Arman Tabatabaei, CEO.

“We plan to begin production and marketing of unique cannabis edibles under the Northern Lights brand name. Since we control both manufacturing and distribution licenses, we will be able to maximize our revenue and profit opportunities. We are particularly excited about our ‘high melt’ technology that allows us to manufacture cannabis edible products with unique thermal protection properties, which we believe offers an advantage relative to the hot Southern California climate and cannabis delivery services, which are certainly growing in popularity.”

Cannabis Global’s product lines to be produced and distributed out of the Lynwood, California facility will be marketed under the Northern Lights brand name. The Company plans to target both the mass market via economy brands and the high end of the edibles marketplace via offerings with exceptionally clean labels based on natural ingredients and solventless extracts. The Company is in the final stages of completing the brand redesign with a top brand designer for Northern Lights

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. 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.

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Posted on 12/13/2021 by Steven M Smith — Leave a comment

Aurora Cannabis Again Scores Highest Among Cannabis Corporate Boards in The Globe and Mail’s Board Games Report

EDMONTON, AB, Dec. 13, 2021- Aurora Cannabis Inc. The Canadian company defining the future of cannabinoids worldwide, is pleased to acknowledge the Company’s increased ranking in The Globe and Mail’s 2021 annual Report on Business review of Corporate Boards, known as Board Games.

As recognized in the 2021 Board Games results, Aurora received 77 out of 100 eligible points, ranking notably higher than others in its peer group of cannabis companies.

Aurora Cannabis Logo (CNW Group/Aurora Cannabis Inc.)

For the 20th year in a row, Report on Business has assessed the

boards and governance practices of Canada’s largest corporations

within the S&P/TSX Composite using a rigorous set of governance criteria

designed to go beyond minimum mandatory rules imposed by regulators.

Evaluated across four categories including Board Composition,

Shareholding and Compensation, Shareholder Rights, and Disclosure,

Aurora’s 2021 score signifies a considerable improvement from the previous years’

results of 72 and 67 out of 100 in 2020 and 2019, respectively.

See the source image

Ronald Funk, Chairman of Aurora stated, “With each passing year,

Aurora continues to exhibit growth and maturity across all areas of the business.

Our improved ranking in the 2021 Board Games report is a strong indication

of the progress we are making as an organization as we continue to identify ways

in which our policies and practices can better serve our stakeholders.

I am proud and honored to be part of a Board that stands out from

its peers and demonstrates strength in governance, strategic direction and accountability.”

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Posted on 12/06/2021 by Steven M Smith — Leave a comment

The Industrial Hemp Industry: An 18.6 Billion Dollar Market by 2027

Industrial Hemp Industry: An 18.6 billion Dollar Market by 2027

If the title on the Industrial Hemp Industry does not get your attention, how about how “Hemp Will become The New, Bold, Industrial Commodity, Set to Change the Way We envision our future environmental and industrial movement into bioengineering plant and construction development.” This acknowledgement quoted by Steven Smith, Founder of “Inspirational Technologies”, on how the industry has been unfolding and continues to unfold amid technological innovations, has been quoted as “A Bold Statement” from some, however, as being seen from the grower to the manufacturer, and from the growing facility to the end consumer, ‘Bold Technology’ is transforming the industrial hemp industry in unimaginable, riveting ways for everyone.

See the source image

For those outside the industry, the big, bold question is, “How?”

Well, according to the latest Allied Market Research Report, it’s the technological advancements in cultivation and machinery that are able to develop hemp plants more efficiently.

These continual advancements are astounding, projecting the global industrial hemp market to “reach $18.6 billion by 2027, growing at a CAGR of 22.4% from 2021 to 2027.”

The source cites, the “rise in usage of hemp seed and hemp seed oil in several food applications, increase in awareness regarding advantages of recreational hemp, and surge in demand for hemp-based beauty and personal care products drive the growth of the global industrial hemp market.

However, complex regulatory structure for the use of industrial hemp hampers the market growth. On the contrary, technological innovations are expected to create lucrative opportunities for market players in the future.”

Lucrative opportunities? Yes… a resounding yes.

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, including Inspirational Technologies, will benefit from it.

The hemp industry has evolved into an environment where the imaginations of creative scientists and inventors, and business savvy entrepreneurs, will now be fully unleashed, leading to a cascade of innovations and surprising twists and turns.

Advanced technology in hemp will broaden product lines, increase efficiency, and boost production levels, ensuring ample funding for research and development for years to come. Technological innovation in the industrial hemp industry is already making a huge impact on several areas of the industry. The number of consumer products made from hemp is already mind-boggling.

From personal care items to fuel, the list seems to be endless.

Hemp is here to stay, and innovators will discover new ways to exploit the remarkable qualities of it.

Technological innovation will be the component to gain an edge in a highly competitive marketplace which will undoubtedly take the industry in some exciting and unpredictable directions, and “Inspirational Technologies” will be at the forefront.

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Posted on 12/02/202112/11/2021 by Steven M Smith — Leave a comment

Cannabis Banking Bill is Included in the NDAA

Cannabis Banking Bill is Included in the NDAA

If there’s one thing that can get marijuana hopes moving, it’s the realization of hope of legalization or some sort of reform in the industry. Unfortunately, up until now, that’s all there has been — hope. But with a Democratic-controlled Senate and House, plus a president who is in favor of decriminalization, there’s reason to be optimistic that change could be coming sooner rather than later.

And that change could come in the form of the National Defense Authorization Act (NDAA). The bill has passed for 60 years in a row, and heading into the final month of the year, it’s a significant piece of legislation that is still outstanding that will likely be a key priority for lawmakers this month. It also includes a cannabis bill.

The cannabis banking bill is included in the NDAA

In September, the NDAA passed the House, and included in the bill was the Secure and Fair Enforcement (SAFE) Banking Act. If that sounds familiar, it’s because the SAFE bill has now passed the House five times but has failed to progress any further.

The NDAA is often referred to as being “must-pass” legislation and so the big question may not be if it passes but if in its final version, whether the SAFE Banking Act is still in there. If it is, that would be a huge win for Cannabis!

Why does SAFE Banking matter?

The SAFE Banking Act won’t legalize marijuana, nor would it even decriminalize it. But what it will do is make it easier for banks to work with the cannabis industry. Although it’s not impossible for cannabis companies to obtain bank accounts, it’s definitely not easy.

Cannabis Banking Bill is Included in the NDAA

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Posted on 11/25/202111/25/2021 by Steven M Smith — Leave a comment

What Is Delta-8-THC?

Δ8-tetrahydrocannabinol (commonly known as Delta 8 THC) extracted from the hemp plant has been shown to have many therapeutic effects including…

What Is Delta-8-THC?

Delta-8-THC is similar to both delta-9-THC and CBD, the non-intoxicating cannabinoid. D8 shares many of the same medicinal benefits of both D9 THC and CBD.

Moreover, its intoxicating effects lie somewhere in between those of D9 THC and CBD.

Like these other more well-known cannabinoids, D8 is excellent for reducing inflammation, relieving pain, taming anxiety, preventing nausea, and much more.

But the thing about D8 THC is there’s not really enough of it to go around. While cannabis flower can consist of up to 30 percent THC and CBD, D8 THC is usually produced in quantities of less than a fraction of a percent. This difficiency of D8 makes it economically unfeasible to produce in mass quantities.

Or does it…. Interestingly, CBD can be converted to D8 THC after extraction. And CBD oils can be legally mass-produced from hemp (non-intoxicating strains of cannabis). Now you’ve got an intoxicating (albeit mildly) compound without having to grow marijuana, which, as we all know, is federally illegal.

Is Delta-8 THC Legal?

If there’s one thing the government doesn’t like it’s when people figure out ways to get around their rules. So, when D8 started becoming the new rage, the USDA decided to make it clear that all synthesized cannabinoids are Schedule I controlled substances.

So now the question becomes, what exactly does “synthesized” actually mean. And therein lies the D8 debate. While the feds say D8 is synthesized, the National Hemp Association, begs to differ. The group claims that because D8-THC is made from natural CBD, it does not qualify as “synthetically derived.”

The jury is still out on the legality of D8 and D8 still out on the open market. So far, you don’t need a medical marijuana card. You can buy delta-8 THC online. So far as we know, no one has been arrested for producing and selling D8. While it’s looking more and more likely that the federal government will either legalize or decriminalize marijuana, the question remains as to whether or not the feds will consider D8 to be a synthetic cannabinoid and choose to continue to regulate it.

. The Importance of Delta-8-THC In Medicine Aside from wielding an array of medicinal benefits, one thing that makes D8 THC so valuable as a medicine is that D8-THC is highly stable and has a long shelf life, whereas D9 THC does not. D9 oxidizes over time converting into cannabinol (CBN) which is not as medicinally useful as D8 THC.

So, the short of it is that D8 can hang around in the pharmacy or medicine cabinet a lot longer than D9 while providing many of the same benefits and lowering the risk of excessive intoxication. In various studies, D8 has emerged as a safe and effective pain reliever, anti-inflammatory, anti-anxiety, and anti-nausea treatment.

All of these claims are also made about CBD, however, D8 offers that little bit of an uplifting effect which might make it better for treating depression than CBD. One of the most promising uses of D8, however, might be as an adjunct in the treatment of cancer.

A clinical study done in 1995 explored delta-8 THC’s efficacy in reducing or preventing nausea in children diagnosed with cancer who were undergoing chemotherapy. Data showed that D8 did, indeed, safely and effectively reduced the side effects of chemo.

Many D8 users claim that it is more effective at reducing nausea than common pharmaceutical medications. We expect to see a lot more of this interesting cannabinoid compound in the future — especially in states where marijuana is legal for recreational or medical use where officials are far less likely to care about one more cannabinoid.

Legalization of hemp

The 2018 Farm Bill legalized hemp and hemp products as long as they have less than point three percent of delta-9 THC, the compound in marijuana that causes a high. But the bill doesn’t address delta-8. “It lives in that gray area,” attorney Bill Roark said.

Roark, who teaches cannabis law and regulation, said people may believe delta-8 is legal because it is derived from hemp. “I don’t think anyone can say that the intent of the Farm Bill was to find another way to create a legalized psychoactive drug,” he said. The Food and Drug Administration recently issued a warning that some delta-8 THC products can have serious health risks.

It said there have been adverse event reports in the last year involving 22 patients. They experienced vomiting, hallucinations and other issues. “You don’t know what you’re getting.

You’re getting an adulterated hemp material and so it really needs to be buyer beware,” said Dr. Kent Vrana, a pharmacologist with the Penn State College of Medicine.

When Reisinger was asked whether people are using delta-8 THC to get high, he said, “Not in our experience. I can’t say for every single person. Nine times out of 10, there’s not a psychoactive element that’s hit.

While there’s the potential, we want to be more safe than sorry.” Nineteen states have regulated, restricted or banned the sale of delta-8 THC products. Pennsylvania is not one of them.

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Posted on 11/23/2021 by Steven M Smith — Leave a comment

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.