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Eco Innovation Groupโ„ข Files Patent Application for PoolCooledโ„ข Climate Control Technology

VAN NUYS, Calif., Dec. 16, 2021, Eco Innovation Group, Inc., an innovative company developing new technologies for green energy solutions, is pleased to announce the filing of a patent application (Application No. 17/469,834) for the Company’s licensed PoolCooledโ„ข Climate Control technology solution.

Eco Innovation Group Eco Innovation Group on June 8, 2021, ECOX executed a licensing agreement (the “Agreement”) giving the Company exclusive rights to commercialize PoolCooledโ„ข, a climate control solution that leverages proprietary technology to cool a home or building by taking cool water from an existing swimming pool and looping it through the existing air conditioning system to boost efficiency on a per-unit power consumption basis.

The PoolCooledโ„ข system has since successfully undergone prototype testing, providing proof of concept in the process.

The Company subsequently engaged patent attorneys to develop and file a patent application. Under the terms of the Agreement, along with the original inventor, the Company holds joint title covering all PoolCooledโ„ข technology as well as all patents resulting from the Agreement.

Julia Otey-Raudes, CEO of ECOX, commented on the milestone, saying, “We are excited to take this important step as we get closer to commercializing a technology with the potential to cut air conditioning energy demand for residential and commercial structures by up to 65% under ideal conditions.

PoolCooledโ„ข is designed for residential and commercial property owners eager to minimize energy needs by mobilizing existing pool water as a primary climate control resource through the revolutionary PoolCooledโ„ข system. The PoolCooledโ„ข system has a conveniently small physical footprint, allowing it to fit easily into existing equipment areas and pool pump structures. And we can’t wait to begin shipping and installing this technology widely next year.”

Now that the PoolCooledโ„ข patent application has been filed, ECOX plans to conduct further prototype tests to optimize the technology through the spring of 2022. Management believes this timeline will result in a market-ready product by mid-2022, with initial sales and installations beginning as early as Q3 2022, which will include identifying licensing opportunities and distribution partners, as well as marketing and sales investments.

About Eco Innovation Group Eco Innovation Group was founded by Inventors and Business Professionals to help nurture and catalyze the most innovative and impactful products and services, and to deliver those innovations to the world, improving the quality of life in our communities and the world around us, while delivering value to our shareholders. At ECOX, we are dedicated to developing and commercializing successful products.

Innovation Bulb

“RE-INNOVATION”ย  ย BYย  ย  INSPIRATIONAL TECHNOLGIES

 

But we will never lose sight of the fact that we exist, first and foremost, to help people and improve life on the planet we all share. We take our Social Responsibility Contract seriously in all our endeavors. It is not only what we do. It is who we are. For more information, visit www.ecoig.com.

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Also, Breaking News on the Companyโ€™s new breakthrough glycerin-based non-CO2 supercritical extraction technology (the โ€œGET Systemโ€), which has clear potential applications for companies involved in producing products that rely on cannabis plant extraction.

Demitri Hopkins, inventor of the GET System technology, has commented, โ€œMost processes using supercritical fluids โ€” such as carbon dioxide โ€” to extract plant products end up with highly viscous products that are difficult to work with. The glycerin concentrates generated from this system can be used directly in a range of products and allow standardized concentrations of the target compounds.โ€

ย 

The intellectual property behind the glycerin extraction technology has been exclusively licensed to Eco Innovation Group, and fabrication of the prototype is underway at Fluitron Inc.

 

.

 

 

 

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

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

 

 

The source cites, the โ€œrise 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.

Department of Agriculture (USDA)

On the contrary, technological innovations are expected to create lucrative opportunities for market players in the future.โ€

lucrative opportunities?

Yesโ€ฆ 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, 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 quality that has been known for years, Technological innovation will be theย 

component to gain an edge in a highly competitive marketplace which will undoubtedly take the industry in some exciting and unpredictable directions.

From the grower to the manufacturer, and from the growing facility to the end consumer, technology is transforming the industrial hemp industry in unimaginable, riveting ways for everyone. For those outside the industry, the knotty question is, โ€œHow?โ€ Well, according to the latest Allied Market Research Report, itโ€™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 โ€œreach $18.6 billion by 2027, growing at a CAGR of 22.4% from 2021 to 2027.โ€

Just What Does $18.6 Billion Market Value Look Like ?

How much is 18.6 billion you ask?ย ย 

 

Well, you have come to the right place to learn all about 18.6 billion!
Let’s start with how you would write 18.6 billion with numbers only:
$18,600,000,000
And this is how you would write 18.6 billion with letters only:
Eighteen billion six hundred million
If you take apart 18.6 billion and turn it into millions you get:
18.6 billion = 18,600 million
If you type in 18.6 billion on your calculator, it may come out as a scientific notation of:
1.86E+10ย (1.86 x 1010)
OK, enough of the basics. Now we will put 18.6 billion in the context of other things, so you can get a better idea of how much it really is:
Spending:ย If you had 18.6 billion dollars, you could buy 620,000 cars at $30,000/each or 93,000 houses at $200,000/each.
Travel: If you were to travel 18.6 billion miles, you could fly around the world 746,958 times or take a round trip to the moon 38,928 times.
Savings:ย If you could save $100,000/year, it would take you 186,000 years to save 18.6 billion dollars. If you could save $10,000 every single day, then it would only take you 5,096 years to save 18.6 billion.
Giving:ย With 18.6 billion dollars, you could afford to give every man, woman, and child in Canada $516.67.
Living:ย If you could live for 18.6 billion minutes, you would live until you were 35,388 years old.

Hemp may be the salvation in retooling America for greener, more sustainable domestic manufacturing. Inspirational Technologies is Committed to ” #HempMovesTheChainsย  #EnvironmentalHemp #ManufacturingHemp #PlanetHemp “

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Cannabis stocks rose Monday for the second straight day after a report by Marijuana Moment that Rep. Nancy Mace (R-S.C.)

 

is circulating the States Reform Act as a measure to legalize cannabis on a federal level.

 

Cantor Fitzgerald analyst Pablo Zuanic said late Friday the measure “significantly increases the probability of federal level marijuana reform” during the current term.

 

 

 

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Elon Musk to Give $100 Million to the First Person Who Can Create This Climate-Saving Technology

Whoever takes up Elon Musk’s latest challenge could be in for a financial windfall โ€” but it would benefit everyone on the planet. On Thursday, Musk โ€” the founder of Tesla and SpaceX โ€” tweeted he would donate $100 million towards a prize for designing effective carbon capture technology, with other details to come at a later date.

On Thursday, Musk โ€” the founder of Tesla and SpaceX โ€” tweeted he would donate $100 million towards a prize for designing effective carbon capture technology,

Musk, who heads Tesla Inc. and Space Exploration Technologies Corp., said heโ€™ll unveil details of the prize next week. But his past statements suggest that one of his key goals is to lower the price of direct-air carbon capture so it can feasibly be used to make synthetic rocket fuel, replacing the fossil fuels used now.

HEMP SOLUTIONS TO ENERGY DEMANDS ALREADY EXIST

Hemp batteries and hemp as a fuel source may sound far fetched to an average consumer, but those who are aware of hemp know the potential. These technologies donโ€™t need to be invented, but like hemp plastics, already exist and are waiting to be adopted by the market. Robert Murray-Smith and Steve have a video from 2016, which shows how they built their hemp battery, and how it compares in performance to lithium batteries. According to the tests they ran in 2016, Murray-Smith was able to find that hemp performed even better than Lithium batteries under stress. In 2019 they have already improved their process in hemp processing and preparation to make even superior batteries. They have improved output by 20% and found how to limit corrosion to the metal of the cell. Another improvement, suggested by Karabetter, was to add some water to hemp ink to one layer of ink and then to layer ink unmixed with water over it. Hemp carbon is then sieved over the ink to add an even coating. All of them are then mixed to make a relatively thick, adherent layer of carbon coating, improving the performance of hemp as a fuel source even further.

WHY DOES HEMP WORK AS A BATTERY OR AS A FUEL SOURCE? Not only is hemp able to conduct electricity, it can be made into materials as hard as steel, hemp is also a valid source of biodiesel fuel. While hemp powered batteries show great promise for the industry of the electric automobile, anything that runs off regular diesel can use biodiesel. While biofuel still deals with emissions and thus a carbon footprint, the process of producing such fuel is much cleaner.

In addition to this, hemp can be used to make ethanol, which is typically produced through using wheat-based crops, including corn. While these substances work to make ethanol, using hemp as the basis for the production of ethanol allows for food stores to be used for supplying food rather than being cut into to produce fuel. Hempโ€™s ability to perform phytoremediation also poses a great benefit, where other crops need ideal soil to grow in, hemp can perform well in poor soil, and leave it in a better state after every harvest. Instead of taking from the food industry, relying on hemp to produce ethanol will improve soil quality and availability for other crops. This fuel is also versatile and can be used to power a wide range of machines, including conventional consumer vehicles. Although ethanol is an imperfect solution to fossil fuels, at least it leans away from the addiction the world has on fracking. Exxonโ€™s oil spills arenโ€™t news to anyone who has paid attention in the last decade, as they have caused massive pollution, which has killed millions of birds and other wildlife in a single incident. Hemp production has no such effects, although pesticides and other materials used during grows may pose a threat to the surrounding ecosystem. However, if cultivators are responsible, then there is no higher risk than growing any other crop in the agricultural industry.

RELIANCE ON HEMP IS NOT AN INNOVATION, BUT A RETURN TO FORMER INNOVATION

Although hemp led to an economic boom, humans have relied on hemp for thousands of years. Itโ€™s not that the modern industries should replace plastic, fuel, cotton, and other materials with hemp, but that they should revert their decision to replace hemp with these unsustainable and non-biodegradable substances. Although biodiesel and ethanol produced from hemp is still being developed, and will likely need to wait for the hemp industry to mature for it to become economically viable, auto manufacturers like Porsche, Ford, and Honda are already incorporating hemp into their production. Hemp only takes months to produce while metals form over thousands of years, making hemp a cheaper substance to source, and because of the lightweight nature of hemp. It is also flexible and ideal for serval parts of manufacturing. Considering that these titans in the car industries are already using hemp to build their cars, it will not be long until they start looking into incorporating hemp batteries into electric automobiles and offering hemp-based biofuel as an alternative to gasoline. Itโ€™s profitable, sustainable, and popular, so itโ€™s only a matter of time. The application of this technology is nearly endless, as it could be applied to simple household electronics or general heating. If the automobile industry adopts hemp as an energy source, though, it will significantly hasten the adoption of such energy sources. As soon as itโ€™s proven to be a valid market alternative, the hemp energy market share will likely explode.

Could industrial hemp be part of the future of battery powered vehicles? Fresh research into the efficacy of hemp batteries says yes. There is indeed precedent for this. An iteration of Henry Fordโ€™s original Model T was partially composed of hemp โ€˜bioplasticโ€™ and powered by hemp biofuel.

Henry Ford’s Hemp Car was made from Hemp Plastic (10 x times stronger than steel).
& Powered by Hemp Ethanol.

In 1941 Ford presented what should have been a groundbreaking invention: a car powered by and largely built by hemp.In 1941, Popular Mechanics described Fordโ€™s work as โ€œ a step toward materialization of Henry Fordโ€™s belief that someday he would โ€œgrow automobiles from the soil.โ€ Now, with battery-powered vehicles beginning to supplant those that use combustion engines, researchers are constantly looking for sustainable and efficient ways to create battery power. Late last year, research demonstrated that hemp batteries can be more powerful than commonly used lithium and graphene. Researcher and popular YouTuber Robert Murray Smith discusses the experiment at length in a recent video. He began by observing a Volts by Amps curve of both the lithium and hemp batteries. Much to his surprise, the power beneath the hemp cell 31 times greater than that of the lithium cell. The use of hemp in batteries is not new. In 2014, researchers in the US discovered that unused fibers from hemp can be converted into โ€œultrafastโ€ batteries that are โ€œbetter than graphene.โ€ Dr. David Mitlin of Clarkson University, New York led this experiment into hemp tech. Scientists โ€˜cookedโ€™ waste bark fibers of hemp and transformed them into โ€˜carbon nanosheets.โ€™ This process has since been dubbed โ€˜hydrothermal synthesis.โ€™ Subsequently, the team was about to transform fibers into high volume capacitors. Such โ€˜supercapacitorsโ€™ have represented a paradigm shift in the way energy is stored. โ€œWith banana peels, you can turn them into a dense block of carbon โ€“ we call it pseudo-graphite โ€“ and thatโ€™s great for sodium ion batteries,โ€ Mitlin explained. โ€œBut if you look at hemp fibre its structure is the opposite โ€“ it makes sheets with high surface area โ€“ and thatโ€™s very conducive to supercapacitors.โ€ A peer-reviewed paper ranks the capacitors โ€œon par with or better than commercial graphene-based devices.โ€

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CBD -Youโ€™re Guidebook to Growing Home Hemp 2021

With everyone on social isolation, businesses shutdown, and some mild uncertainty in the cannabis/hemp industry, what better time than now to work on your green thumb and start your own home-grow?

Growing Hemp during Staying Home Guide


Indoor or Outdoor? Now that the US has given us a guide on Hemp (see our post on the USDA) effective March 22, 2021. For those who would like to try their hand at Hemp, remember now we should follow the instruction of law. Aside from that, what is a good process to get going?ย 

The very first thing youโ€™ll need to do is decide if you want to grow your plants inside or outside.

Of course, indoor grown CBD flowers will be of superior quality, but it takes more work and a larger initial investment.

Choosing to grow inside also depends largely on if you have enough space to pull it off. A nice sized closet would work, where you can hook up some lights and the plants will have enough room to grow both in height and width, but be mindful of your electric use outside the growroom, as your utility bills will go up significantly.

If you plan to grow outside, youโ€™ll want to get familiar with your gardening zone, this will help you determine when to plant your crop for best results. Gardening zones in the United States are listed as 1-9, with 1 being the coldest and 9 being the hottest. Typically, somewhere between zones 6 and 8 will be optimal, but you can grow quite a bit in zone 9 if you have an adequate watering source.

Florida Hemp

Some areas might not be suitable for growing CBD Flowers outside at all, so bear that in mind when doing your research. Another option thatโ€™s becoming increasing popular is growing CBD hemp flowers in a greenhouse. Greenhouses replicate the atmosphere of an indoor grow, to an extent, and will save you a lot of money in energy costs. They allow for year-round cultivation in a climate controlled environment where you can regulate the sunlight exposure as you wish.

If I were to choose an option, Iโ€™d personally go with the greenhouse.

Once youโ€™ve settled on where you want to grow your plants, youโ€™ll need to get everything set up. That starts with deciding what strain/s you want to grow. Cultivation methods for CBD hemp flowers can vary depending on the strain youโ€™re growing. Do you want a regular strain or an autoflowering strain? Indica, sativa, or hybrid?

Any specific strains you like better than others? Letโ€™s take a quick look at how each of these options might impact your grow-op or your final product.

Picking a Strain

Weโ€™ll start with regular strains vs autoflowering. With CBD flower plants, there are 2 main stages of the growing cycle: the vegetative stage and the flowering stage. The transition from one stage to the next requires changes in the plantโ€™s light cycle. When growing outside, youโ€™ll need to make sure you plant in the correct season, so your plants go into the vegetative stage when time โ€œsprings forwardโ€.

If youโ€™re growing inside, youโ€™ll need different colored light bulbs to replicate the changes. With autoflowering strains, well, they switch to the flowering stage automatically without any assistance from external light sources.

These strains are typically more user-friendly and would be ideal for the novice grower, but generally speaking, the quality of the buds is not quite as good as with regular strains.ย  The next step is to pick an actual strain.

Youโ€™ll need to decide if you want indica, sativa, or hybrid โ€“ although letโ€™s be honest, these days, nearly all strains are hybrids; but more on that another time. Also, do you want a specific CBD hemp flower strain or are you O.K. with something random and new? This is the easy part since it really all boils down to personal preference.

For the record, a few easy to grow strains are Blue Dream, Green Crack, and Harlequin.

Getting Set Up Seeds or Clones? Seeds have more options but much more difficult. Clones are easier to grow but can be harder to find and sketchy to transport depending on where you live.

 

If you choose to start from seed, the first thing you will need to do is get your plant sprouted. If youโ€™re buying good quality seeds from a trusted seedbank, you can go ahead and put the seeds straight into the soil and let them do their thing.

 

If you receive some seeds and want to test their viability before putting planting them directly, you can germinate the seed by putting in a damp paper towel, in a warm place with indirect sunlight.

I use a window where there is an overhang from the roof. Direct sunlight is often too strong for germinating seeds and even for young, barely sprouted plants.

Now when it comes to actual growing equipment, that will vary based on the growing method you choose (indoor, outdoor, soil, hydro, aeroponic, etc.), or the climate you live in if you choose to grow outdoors.ย 

Industrial Hemp Farm

That said, here are a few basic itemsย you will likely need no matter where or how you plan on growing: Growing tent (with built in ventilation system) Lights (with different color and wattage bulbs to for the flower stage)

 

 

Soil, coco coir, or another planting medium, Filtration fixturesย 

Timers, Thermometer, Hydrometerย  Pots and other basic gardening toolsย 

You can get all of these items for about $500 to $750, again, depending on your geographic location as well as what exactly you need.

If youโ€™re growing inside, youโ€™ll need to account for the higher utility bills as well.

This all might sound a bit pricey, but keep in mind, this is just the initial investment.

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In the long run, you will save money not having to buy flower and you will have much more control over the final product. After getting the initial items together, we are now ready to move forward and find that seed that will satisfy the government regulations and your foot in the soil.ย 

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Massachusetts Passes Hemp Bill 152 -0

Massachusetts House has passed a bill that will help the state’s hemp industry grow and farmers cultivate on agricultural land.

The bill, which would allow farmers with agricultural deed restrictions on their land to grow hemp, passed in a vote 152-0. This bill, if signed into law, is a monumental step forward for the state because currently there are two laws that restrict farmers from growing the crop. This bill would ultimately expand the definition of agricultural land to include hemp so farmers can receive the tax and protection benefits as other farmers. The House expects this new bill to be a boost for farmers, jobs and the economy in the state of Massachusetts.

While hemp has been legal to cultivate since 2016 in Massachusetts, this bill would provide equal footing in the new economy, according to Rep. William “Smitty” Pignatelli

Not too long ago, the only thing House Speaker Robert DeLeo knew about hemp was that as a kid growing up on the North Shore he and his friends used it to make bracelets.

Times have changed, and so have Massachusetts laws.

โ€œI just discovered theyโ€™re now making clothing out of it,โ€ the speaker said Wednesday, thanking Cambridge Rep. David Rogers, who he called โ€œthe hemp guy,โ€ for bringing concerns about hemp cultivation restrictions to his attention.

The growing of hemp was legalized along with marijuana in 2016, but farmers that want to grow the industrial-use cannabis plant still canโ€™t cultivate the crop if their land falls under an agricultural use restriction.
The House voted to rectify that on Wednesday, passing legislation on a vote of 152-0 that would allow farmers with agricultural deed restrictions on their land to grow hemp. It would also qualify hemp farmers for the property tax breaks enjoyed by growers of other crops.

Rogers, the House chair of the Committee on Cannabis Policy, said the bill would be a boon for many farmers in rural parts of the state that own 73,000 acres currently under agricultural restrictions.

The stateโ€™s agricultural preservation restriction program pays farmers the difference between the fair market value of the land and the lower agricultural use value in exchange for a deed restriction on the land.

img_0616-1โ€œIt should be a big boost to farmers, to jobs, to the economy,โ€ said Rogers, a Cambridge Democrat.

While hemp cultivation became legal in Massachusetts in 2016, the federal government in 2018 passed a farm bill signed by President Donald Trump that legalized hemp nationwide, removing it from the federal governmentโ€™s list of controlled substances.

According to the National Conference of State Legislatures, 41 states have enacted legislation to establish industrial hemp cultivation and production programs creating a market for hemp and hemp products that extend beyond state borders.

โ€œWe should be doing everything we can to make sure farmers can take advantage of this emerging market,โ€ Rogers said.

Rep. William โ€œSmittyโ€ Pignatelli, a Lenox Democrat and the sponsor of the hemp farming bill (H 3535), said that prior to passage of the federal Marijuana Tax Act of 1937, the plant was a major crop used in rope, paper and even the upholstery of Henry Fordโ€™s Model T.

Then in 1970 under the federal Controlled Substances Act, the cannabis plant was listed as a schedule I drug putting severe restrictions on the cultivation of hemp, which comes from a different variety of the plant that produces the high-inducing chemical found in marijuana flowers.

โ€œThis bill will provide our local farmer equal footing in the new economy,โ€ Pignatelli said.

DeLeo said the legislation was particularly popular among rural legislators, but Rogers said other parts of the state with facilities capable of manufacturing hemp products could also benefit.

โ€œIt can also mean jobs that arenโ€™t in rural areas of the state,โ€ Rogers said.

DeLeo, 69, said hemp has come a long way since he grew up, joking when asked if he used any hemp products that the only thing he remembers about the plant is weaving bracelets.

โ€œIโ€™m probably the wrong person to ask,โ€ DeLeo said.

img_0882First Hemp Home Built Usingย  Hemp Processed Products including HempCrete. 2018

ย Hemp A variety of products made from hemp — hemp seed, protein, clothing and other items made from hemp fiber — are approved for sale in Massachusetts, while others are still restricted.

Under Department of Agricultural Resources and Department of Public Health guidance, the sale of any product containing CBD oils derived from hemp — which are said to have therapeutic benefits – is prohibited.

Rogers said he intended to look closely at the DAR and DPH guidelines, and did not foreclosure the possibility that he would recommend further action to open up the market for additional hemp products.

โ€œThereโ€™s a possibility in the future that the House will address, if need be, the new restrictions on CBD oil,โ€ he said.

For More information on CBD Products that Meet or Exceed your State’s Current or Future Standards. We invite you to Click on this Link to HempSMART PRODUCT LINE.

 

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Latest โ€œFlorida CBD and Hemp Updateโ€ by โ€œInspirational Technologiesโ€. Owner โ€œExtremely Happyโ€



After Florida Governor, Ron DeSantis signed “Florida Hemp Bill” yesterday, into Law, with it going into effect July 1st, just around the corner, Steven Smith, Owner of Inspirational Technologies was extremely happy. He said in a statement, “We are a Growing, Green, Company. With many Stories out there, “Inspirational Technologies” has rapidly become a recognized research and development company via over 100 Bloggs over the past few months covering the ‘World of Hemp and The East Coast CBD Unknown Epidemic”.ย  Inspirational Technologies founder, Steven Smith said on Monday, “We are poised at the precipice of a new plant, from the past. A new look at the way we farm it, figure out how to best source it out, to be our new freedom in Research, Farming Techniques, Extraction Execution, 3rd Party Testing of CBD Products, Hemp Plant Products from paper to propulsion. There will be a Product Leader in the CBD World. It won’t come from Canada, it won’t come from no name, no label, hemp oil. HempSMART is global, it has a reputation and as a Subsidiary of a publicly traded US stock exchange (MCOA) it, as We, are held to a Higher Standard. We will endeavor to keep our members and future viewers enlightened as best we can. Thank you, for your support.” ย  Steven Smith June 21, 2019

The following is from an article, and subject to review.

The era of marijuana prohibition is slowly coming to an end. For generations, millions of Americans have spent years behind bars because of strict laws that are being lifted across America. Eleven states have legalized recreational marijuana use for adults over the age of 21 and 33 states have legalized cannabis for medical use. That number will only continue to grow as every state that legalizes marijuana sees an immediate positive impact on the economy, not to mention the potential health benefits for patients suffering from chronic medical conditions.

ย The thought of a plant called Hemp, from the Cannabis family, is now completely legal, again and that my anxiety, athletic injuries, and sleep disorders can be dramatically benefited by this, once pervasive plant, are going to make an absolute fortune for those who understand all about.hempSMART.comA 350-page report on marijuana growth projections from Wall Street was just released and it is truly an eye-opener. This industry is offering returns you wonโ€™t find elsewhere. The โ€œState of the Legal Cannabis Marketsโ€ report was released last week and its findings are making headlines all over.2015: $4.8 billion
2016: $6.7 billion
2017: $9.1 billion
2018: $10.9 billion
2019: $14.9 billion
2020: $19.3 billion
2021: $24.4 billion
2022: $30.7 billion
2023: $36.2 billion
2024: $40.6 billionFor those of you keeping score at home, this works out to a compound annual growth rate of 28.2% over a decade and 24.5% over the six-year period between the end of 2018 and the end of 2024. If you have any trepidation about getting involved as an active investor in the marijuana industry, hereโ€™s a chart from Yahoo! Finance that shows the 2018-2024 side-by-side projections from Wall Street.

The future looks BRIGHT for the marijuana industry. Our country voice is that a strong majority of Americans are in favor of legalizing marijuana and that number is only growing more by the day as younger Americans are able to vote. We need to be responsible Americans and use our ‘Thinking Caps’, once again. For More information or to become part of the “CBD Movement” Click Here