Posted on 03/31/202304/09/2023 by Steven M Smith — Leave a comment

A Quick Guide to the Psychedelic Mushroom Boom

The majority of the psychedelics community has rarely made contact with the world of venture capital and high-growth startups.

Image result for psychedelic mushrooms legal

This is dangerous because it doesn’t allow for those that work with psychedelic substances to understand what the next 10 years will bring their way… and as of right now the future doesn’t look too bright.

A Venture Capital (VC) firm, is in its simplest form just an entity that invests the money of rich folks into the companies that it believes will become the most financially valuable. There are of course other considerations for some investing groups such as: patient outcomes, environmental impact and sustainability, and general ESG methodologies. But for the most part VC firms work to provide a return, financial gain, to their investors by providing cash to startups that want to grow their business fast.

Let’s say that you are a psychotherapist who’s been running their own clinic for a few years. You were trained by MAPS to do psychedelic assisted therapy and have incorporated the service into your practice. Business is booming. Everyone wants access to your transformative care.

Perhaps you want to open up a second clinic where you can hire on some more therapists with the proper training, but you don’t have the money saved up yet to open up another location.

You could wait a few years, go to a bank to get a loan, or you could seek out an investment.

If you choose to go raise money for your venture you’ll be met with a lot of questions most of which will be pointed at one thing: scale. Most investors won’t put down capital for you to just open up one additional clinic. You’ll need to describe a vision of growing fast and scaling your brand to be the most impactful, widely distributed clinic on the planet.

Why? Because investors lose money on most investments that they make. Almost all of their returns are made from the few investments that knock it out of the park. The billion dollar unicorn that can grow their money more than 100x.

None of this is to say that good companies that can generate a high return don’t exist, but it’s very difficult to find that balance. Within our current system, companies need to compete with one another. That competition plays out through cutting costs, moving quickly, and oftentimes deprioritizing people, the environment, and quality.

It’s also very difficult to prioritize long term results. Every VC firm collects a new pool of money every few years called a fund. Most funds only run for 7 years, 10 years on the long end. Within 10 years you need to see a company sold off or going public for you to cash out and see the fruits of your investment. A company that has a 25 year mission to revolutionize patient care, but has to suffer losses for the first 10? Not going to happen.

As I mentioned earlier, there are strategies for forming firms around values, impact, and longer term results. But it’s extremely difficult. A firm can focus on investing in B Corps, but B Corp status is very time and resource intensive to pursue. There are a few companies in the space that have done it including MAPS and The Third Wave, but it’ll be a long road before we see a meaningful percentage of psychedelics companies adopt this style of doing business.

All of us from Auryn Fund, to Field Trip, to our own Tabula Rasa Ventures are trying hard to make sure that the future of this industry reflects the incredible community that’s built it. But we need to be having more open conversations along with detailed strategies for how to do investment right.

If you read the PALA story.

https://th.bing.com/th/id/OIP.DfvfQ4ciL3qYbdFnTsVTXgHaFk?pid=ImgDet

Quick Guide to Psychedelic Startups

How to Raise Capital for a Psychedelic Startup: Industry Info You Need to Know

In the recent past, psychedelics were considered dangerous drugs. Today, more and more scientists recognize their medical potential. Investors are already investing in the young industry.

Psychedelic drugs have a complicated history. They had a heyday in the 1960s but then fell into disuse. Recent research has partially brought psychedelics back. Today, scientists see them as promising compounds for treating many diseases.

Given the above, it is quite fair to say that the era of the so-called psychedelic renaissance has begun. Since 2020, the number of psychedelic companies has started to increase greatly.

Let’s take a look at the reasons for the increased demand in the psychedelic industry. Learn how to raise capital dealing with this type of business.

Psychedelics Boom

Despite Covid-19 and the collapse of the economy, investors are starting to pay attention to this industry. They bet that psychedelic-derived drugs can become a real business and help millions of people. Researchers, activists, and journalists have been the driving force behind the psychedelic renaissance.

Benefits of Psychedelics

Many startup companies are developing drugs based on psilocybin (the active ingredient in magic mushrooms), LSD, MDMA, and ibogaine. They are banned in the United States, except ketamine, which is also used in the development of such medicine. These companies hope to develop a psychedelic therapy treatment for a wide range of mental illnesses. They include depression, anxiety, addiction, and post-traumatic stress disorder (PTSD).

Medical regulators are also gradually turning toward psychedelics, as they show potential in treating depression. In 2019, the Food and Drug Administration (FDA) called Usona Institute’s psilocybin program for major depressive disorder “breakthrough therapy.”

However, researchers will have a tough road to winning FDA approval.

How Medical Companies Turned to Psychedelics

In early 2020, the drug company Mind Medicine (MMEDF) went public. It received the financial backing of Kevin O’Leary and the guidance of cannabis entrepreneur Bruce Linton. In one interview, O’Leary explained his reasons for investing in psychedelics and talked about the lagging efforts to treat growing psychiatric disorders.

In 2013, Linton became a co-founder of Canopy Growth (CGC), the largest cannabis company in the U.S. He left in 2019 and later became director of Mind Medicine. The main goal of the company is similar to Compass Pathways. They plan to bring psychedelics to market and conduct research on LSD, mushrooms, and other drugs.

Investing in Psychedelics

Venture capital investors were at the centre of the psychedelic boom. In early 2020, startups in the field said they were beginning to see signs of growing investor appetite.

Venture capital firms focused on psychedelic companies soon began to appear. Insider’s list of the top 11 venture capitalists in the field shows $139.8 million invested in such startups in just a few years.

Kevin O’Leary and PayPal co-founder Peter Thiel make big bets on magic mushrooms. Their big plans for mind-altering mushrooms have nothing to do with festivals or raves but deal with biotech instead.

Negev Capital, a psychedelic medical intervention investment fund, invests in companies that are developing new drugs to treat mental disorders based on psychedelic compounds. Negev has invested in 20 psychedelic drug development companies and has more than $30mln under the management

The fund recently doubled down on its substantial investment in Small Pharma Inc, a neuropharmaceutical company specialising in developing new treatments for mental illness with a focus on depression.

Another representative of psychedelic medicine is ATAI Life Sciences. It’s a “drug discovery platform” from Germany. The company invests in research of possible uses of psychedelics and other drugs for medical purposes. As of January 2021, they had raised more than $210 million, much of it from Thiel Capital and Christian Angermayer.

ATAI Life Sciences has taken a majority stake in Recognify, which was founded by Thomas Südhof, winner of the 2013 Nobel Prize in Physiology and Medicine. Recognify’s aim is to develop drugs to help treat schizophrenia. The company focuses on cognitive impairments (CIAS) that interfere with verbal learning and memory. Their new drug, RL-007, although not derived from psychoactive compounds, has already undergone positive clinical trials.

Another company is Compass Pathways (CMPS), which went public in the United States back in September 2020. The British company, invested in by Thiel and Angermayer, has patented a synthetic form of psilocybin. It helps people with treatment-resistant depression.

The company launched clinical trials that involved 233 patients at several sites across Europe and North America. It is the most rigorous trial on psilocybin, which adds great weight to previous, smaller studies of the drug. In November 2018, FDA called the company’s treatment “breakthrough therapy.” This means the approval may come soon if trials are successful. Compass will start Phase 3 trials in the near future.

Cybin is a biotech company focused on the development of psychedelic therapeutics. In October 2021, it completed its 74th pre-clinical study of psychedelic compounds for potential therapeutic applications in several psychiatric disorders. Over 50 new compounds have been evaluated with the help of experienced contract research organizations.

The company seeks to build a portfolio of world-class psychedelic molecules that could become commercially viable drug candidates for both internal development and future partnerships.

The current psychedelic boom is only the beginning of the industry’s development and expansion. Considering investors’ attention to this type of medicine, more startups will emerge in the future. Active research on psychedelics has resumed in recent years, after its peak in the 1950s and 1970s. It may lead to great scientific progress and heal millions of people.

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Posted on 10/23/202211/30/2022 by Steven M Smith — Leave a comment

The Amount of Misinformation about CBD is ASTOUNDING! Gives Pause to the Real “Stuff”.

Over the past few years, CBD has taken the world by storm. Daily, I see claims that CBD “cures” a myriad of ills.

As a holistic nurse practitioner and certified herbalist for more than 30 years, those exaggerated claims “push my buttons”, for a variety of reasons.

How Do Cannabinoids Work?

We all have an Endocannabinoid System (ECS), and it is just as important as our Respiratory System, Cardiovascular System, or Immune System. The ECS is the “orchestra conductor” of the body.

It regulates multiple systems to achieve balance and harmony. The ECS operates behind the scenes to support the wisdom of every cell of the body and coordinate the functions of cells, tissues, glands and organs. (3, 4)

The ECS has three primary functions (2):

To balance hormones (sex hormones, thyroid hormones, stress hormones) for calm, relaxation, healthy metabolism & healthy stress response

To balance brain chemistry for optimal learning, focus, memory, concentration, mood, and restorative sleep

To support healthy cell function, including modulating inflammation and healthy immune response

Where Do Cannabinoids Come From?

Cannabinoids are not foreign to the human body. We manufacture them internally. (Endogenous cannabinoids are even found in human breast milk.) The issue is that our native cannabinoids are used up quickly when under physical or emotional stress. Supplemental plant-based cannabinoids attach to the same cell receptors in our bodies to support our innate ECS in performing its vital functions. They are a healthy insurance policy.

Several well-known plants contain cannabinoids. We automatically think of cannabis, since it is the richest source of these compounds. Both hemp and marijuana contain an assortment of cannabinoids, but marijuana is much higher in THC, the psychoactive molecule that makes you “high”. Hemp contains higher levels of CBD and other therapeutic compounds and extremely low levels of THC.

Additional plant sources of cannabinoids include well known plants like sunflowers, echinacea, black truffles, black pepper, and cacao.

You need to know that cannabidiol (CBD) is just one of approximately 400 therapeutic compounds found in the cannabis plant. CBD is extremely popular, but often misunderstood. The amount of misinformation about CBD is astounding!

Let’s take a look at the FACTS:

The cannabis family includes both hemp and marijuana. Marijuana contains a much higher percentage of THC, a psychoactive compound that can make you “high.” Depending on the variety, marijuana may contain anywhere from 5% to 30% THC. The average is about 12%.

By law, industrial hemp can only contain up to 0.3% THC (3 parts per 1,000). Hempsmart’s CBD based products are all derived from organically grown premium hemp.

CBD Isolate contains only the CBD molecule from the hemp plant. That single molecule is extracted from approximately 400 therapeutic compounds naturally found in hemp. It has some therapeutic effects, but only a small fraction of the entire plant’s potential benefits. Mother Nature has assembled a rich blend of synergistic plant compounds in the hemp plant. They are designed to function in harmony for a powerful “Entourage Effect.”

While some slick advertising claims that CBD Isolate is the “purest” form of CBD, that is because it is purely CBD, a single molecule, lacking the other synergistic plant compounds.

(1) This is the least expensive way to produce a CBD product. I compare it to purchasing a beautiful home with a great living room, but no kitchen or bath. It does not do a comprehensive job of meeting your daily needs.

Full Spectrum CBD (more accurately described as full spectrum hemp extract) contains all of the naturally occurring compounds found in the hemp plant. This full array of plant components works synergistically to support the ECS. The important Entourage Effect exists with full spectrum CBD. The downside is that full spectrum compounds contain the psychoactive component, THC.

It is true that THC has some beneficial effects, but some individuals should NOT use THC. Children, seniors, individuals with certain medical conditions, and those who are required to be drug tested, should avoid THC unless there is a specific indication for using that compound. Drug testing is designed to detect the breakdown products of THC, specifically. THC may also cloud mental acuity, even in small amounts. If you are looking for comprehensive support of your health, without the potential side effects of THC, then a premium quality broad spectrum hemp extract will best meet your needs.

Broad Spectrum CBD (more accurately, broad spectrum hemp extract) can provide the best of both worlds – the important benefit of the Entourage Effect without the potential problems sometimes associated with THC. The integrity of complementary cannabinoids, terpenes, flavonoids and other phytonutrients are included and provide the Entourage Effect. Broad Spectrum formulas generally omit the THC that can cloud mental acuity in some individuals and may also show up on a drug test.

NOTE: Every batch of every hempsmart product is verified, by an independent certified laboratory, to be THC-FREE. That means that there is no detectable level of THC. The integrity of other complimentary cannabinoids, terpenes, flavonoids, and other phytonutrients is maintained for the important Entourage Effect.

Safe and Effective CBD-based Formulas

There are some very good hemp-based products in the marketplace and many that are NOT worth your money. They certainly are not worth risking your health! Because there is little to no regulation on the quality of CBD formulas, it is important that you be a savvy consumer and make a well-informed decision. Do your homework right here and learn how to choose a legitimate non-toxic CBD formula that can support your health, without undesirable toxins and side effects.

Comprehensive Independent Lab Testing

In addition to knowing what IN your CBD products is, it is essential to know what NOT in them is! Hemp is good for the planet because it helps to clean the environment. It is quite effective at pulling toxins like pesticides and heavy metals from the soil. Any reputable hemp-based product should be validated by a comprehensive Certificate of Analysis (COA), from a certified independent laboratory. You should be able to see proof of testing for cannabinoid profile (including THC), terpenes, heavy metals, pesticides, bacteria, mold, and solvents. Every batch of every product should be tested, with the COA’s available for you to examine.

Beware of Exaggerated Claims:

You will see ads for CBD claiming to treat, prevent or “cure” a variety of illnesses or medical conditions. It is ILLEGAL to claim or imply that CBD treats or “cures” any disease (per decree of the FDA & FTC). it is also just not accurate! CBD does not treat or cure any diagnosis. What it does is much more powerful!

A premium quality broad spectrum CBD formula supports the wisdom of every cell of the body, thru the action of the ECS. It works at a foundational level to help maintain balance at a cellular level. A reputable, scientifically validated broad-spectrum hemp extract supports the ECS to function as a masterful “orchestra conductor” of the body so that balance and harmony is maintained between the cells, organs, gland and tissues. This is the foundation of wellness. (4)

The human body is designed to be resilient and resistant to health challenges. The best CBD based products are formulated with scientifically verified purity, potency, and integrity to support the healthy structure and function of your body and mind. Don’t buy “hype.” Invest in scientifically proven RESULTS.

Demand to see the Certificate of Analysis (COA) from an independent certified lab. That COA should include not just the cannabinoid and terpene content, but also the proof of a passing score on pesticides, heavy metals, bacteria, mold, foreign contamination and residual solvents.

At hempsmart, we are scientifically driven in our mission: Enhancing and Improving Lives.

We’re in this together.

Real results you can FEEL from the brand you can TRUST.

Resources:

https://www.projectcbd.org/science/pure-cbd-better

https://www.projectcbd.org/science/endocannabinoid-discovery-timeline

https://www.projectcbd.org/news/quick-hits/cbd-neurogenesis

https://www.projectcbd.org/wellness/endocannabinoid-system-biology-wellness-video

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“Have an older generation 4H Club, where an older community of adults could carry on what the younger 4H Club envisioned.

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4 Hemp key points being Health Hope and Happiness, thru Hemp“.

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Posted on 09/29/202212/04/2022 by Steven M Smith — Leave a comment

Hemp History – Who said? “Hemp is of first necessity to the wealth and protection of the country – If people let the Government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under Tyranny”

CBD (Cannabidiol) is a product of the Hemp Plant Flower.

Check Your History – Who said? “Hemp is of first necessity to the wealth and protection of the country – If people let the Government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under Tyranny”

Answer, to Follow:

HINT (Our Third President )

For nearly 3000 years Hemp has been our planet’s largest agricultural crop and the most important industry producing the fiber, paper, clothing, lighting fuel and medicine used by much of humanity. It is and has always been Earth’s’ most sustainable natural resource. With modern technological advances it is now possible to make over 20,000 types of products from medicine to houses to cellophane, dynamite and most importantly as an eco-friendly alternative to traditional plastics.

Pre Hemp Prohibition

768 BC King Charles the Great encourages growing of Hemp throughout his empire.

200 BC First paper invented in China – is made from Hemp.

1454 the Gutenberg Bible – the world’s first book printed on a moveable type printing press is printed on Hemp paper.

1533 King Henry 8th issued a royal proclamation which imposed a fine on any farmer that did not use some of his land for growing Hemp to supply the King’s Navy.

1619 America’s first Hemp law orders – all farmers MUST grow Hemp. Hemp is made a legal tender (ie. can be used to pay taxes)

1690 First American Paper Mill makes paper from Hemp. 1763 Additional laws in America make growing Hemp compulsory for all farmers.

1789 “Make the most of Indian Hemp Seed and sow it everywhere” – George Washington, 1st President of USA and Hemp Farmer.

1797 “We shall, by and by, want a world of Hemp more for our own consumption” – John Adams, 2nd President of USA and Hemp Farmer.

1801 “Hemp is of first necessity to the wealth and protection of the country – If people let the Government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under Tyranny” – Thomas Jefferson, 3rd President of USA and Hemp Farmer.

1853 Levi Strauss & Co is founded in USA. The world’s first pair of jeans are made – Not from Hemp, as this is Urban Legend. However, in March, 2019, Levi’s did actually begin allowing manufacture of hemp jeans with its brand.

1897 Rudolph Diesel invents world’s first diesel engine which is designed to run on clean burning vegetable oils including Hemp Oil which does not cause pollution or create carbon buildup inside engines.

1930 Mellon, one of the most powerful bankers in USA. Mellon plus two other bankers Rockefeller and Carnegie had significant investments in Oil, Paper, Synthetic F

iber, Petrochemical Plastics and Pharmaceuticals – all of which were about to be made obsolete by technological advancements in Hemp processing.

1937 US Congress approves a bill that prohibits the cultivation of all Cannabis including Hemp.

1938 Popular Mechanics magazine article titled “New Billion Dollar Crop” announces the arrival of the new Hemp processing technology that was set to make Hemp America’s #1 commodity had it not been prohibited.

Publication Year:

1938

Popular Mechanics describes hemp as the new billion dollar crop. The article was actually written in the spring of 1937, before cannabis was criminalized. Also in February 1938, Mechanical Engineering calls hemp the most profitable and desirable crop that can be grown.

Google Books: (1938) Popular Mechanics: Billion Dollar

1941 Henry Ford finishes making a car built almost entirely from Hemp and which ran on clean burning Hemp fuel. The car being 30% lighter than steel cars therefore required less fuel. Its lightweight bioplastic body panels were many times stronger than steel – could not be dented with a sledge hammer. “Why use up the forests which were centuries in the making and the mines which required ages to lay down if we can get the equivalent of forest and mineral products in the annual growth of the Hemp Fields?” – Henry Ford

1942 US Government cannot take part in World War 2 without Hemp for military clothing and equipment so a campaign is launched to encourage and reward US farmers for growing Hemp with a PR video titled Hemp For Victory.

Hemp Prohibition

1945 At the end of World War 2 the US Government begins its campaign against Hemp and claims there never was a video called Hemp For Victory.

When US soldiers return from Europe they are ordered to put their Hemp uniforms back on and are sent out to American farms to burn all the Hemp crops.

1961 Henry Anslinger attended the United Nations and persuaded the UN to have Hemp cultivation prohibited in 150 countries worldwide.

As a consequence most of the world’s food, fiber, fuel and medicine went from being made organically by farmers to being produced chemically under the control of the Pharmaceutical and Petrochemical industries.

Hemp Legalization Begins Again

1996 Canada legalizes growing of Hemp which creates employment and hundreds of millions of dollars of revenue for the Canadian people.

2014 Section 7606 of the 2014 Farm Bill authorized hemp research and pilot programs by state departments of agriculture and institutions of higher education. Some states have licensed farmers to conduct pilot programs and research on hemp.

In 2017 there were 19 states that allowed hemp to be grown.

2018 Farm Bill

December 2018 – The Farm Bill Legalized Hemp

The 2018 Farm Bill, enacted December 20, 2018, builds upon many of the crucial programs that serve America’s agricultural producers. USDA is implementing this new bill, which includes seeking public input on programs and provisions and designing guidelines. In the meantime, programs authorized by the 2014 Farm Bill are available to serve producers now.

The 2018 Farm Bill reclassified hemp, and it is now legal to grow industrial hemp.

2021 USDA HEMP RULES

U.S. Domestic Hemp Production Program The U.S. Domestic Hemp Production Program establishes federal regulatory oversight of the production of hemp in the United States.

The United States of Hemp Hemp and marijuana are both produced from the cannabis plant, although hemp is derived from a strain that has a much lower quantity of THC, the compound that produces hallucinogenic effects.

Hemp is made from the fibers of the plant and historically has been used to make a broad variety of products, from rope to cloth to paper.

As you can imagine, it was an important product in the New World as the American colonies were being established.

It was so important, in fact, that in 1619, Virginia passed a law requiring hemp to be grown on every farm in the colony. At the time, the crop was also considered a proper form of currency in Virginia, as well as Pennsylvania and Maryland.

As new products were imported or developed to replace hemp—cotton was surely a welcome change to the itchy fibers of hemp shirts—the plant fell out of popularity.

By the end of the Civil War, the United States’ hemp production had passed its peak, but a different version of the plant was on the rise. Marijuana was becoming an increasingly popular ingredient in medicines and tinctures. The Rise of Reefer Madness The popular image of the 1950s may be all Leave It to Beaver, but underneath the pearls and penny loafers, there was a countercultural movement bubbling to the surface.

The Beat Generation emerged early in the decade, when a group of young people began to unite in their rejection of conventional society in favor of artistic and bohemian ideals. The Beatniks also enjoyed experimenting with drugs, particularly marijuana

. But the Beats weren’t the first group to embrace weed. The drug started gaining traction in the U.S. in the 1910s after Mexican refugees brought marijuana with them as they fled the violence of the Mexican Revolution. In the 1930s, it became popular among the hepsters, the black jazz community made up of “hep cats” like jazz singer Cab Calloway, who had a hit with his song “Reefer Man.”

The Roots of Criminalization The process of criminalizing marijuana had already begun, even before the Beats took up the cannabis cause. The roots of this movement are mired in a racism that still persists in how drug policies are carried out in the U.S. today.

In the 1930s, Prohibition was repealed in the middle of the Great Depression. Straight-laced bureaucrats looking for another target turned their attention to marijuana, which, at the time, was mostly being used in the Mexican and black communities. They painted the drug—and the communities using it—as a threat to the already crippled country and began the process of banning it.

Twenty-nine states had outlawed marijuana by 1931, and in 1937, the Marijuana Tax Act was passed, essentially making the plant illegal in the United States.

Since then, lawmakers have been doing a do-si-do with the drug. Over the decades, stricter enforcement and the passing of mandatory sentencing laws have traded off with repeals of those laws and efforts at legalization.

Today, 17 states have legalized marijuana (with many more allowing medical marijuana), but, as far as the federal government is concerned, the drug is still cannabis non grata.

Thank you for consideration.

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4 Hemp key points being Health Hope and Happiness, thru Hemp“.

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Posted on 04/23/202204/30/2022 by Steven M Smith — Leave a comment

High VS Hemp — Even My Wife Loves the Results. Why Hemp Is Its Own Enemy.

Why should you be growing industrial hemp? Industrial Hemp Farm

Well, it is the crop of the future (and the past), it will soon be in high demand and it has the potential to be an economic genie in a bottle. Hemp takes half the water that wheat does, and provides four times the income. Hemp is giving farming families in the climate change era.—

Colorado farmer Ryan Loflin Growing industrial hemp used to be a legal crop however, many years ago a few guys in a room decided it was too close to the marijuana plant and rather than take the time to do the research and learn they were wrong, they just decided to make it illegal. But times, they are a-changin’.

See the source image

There are now all states in which farmers are legally growing industrial hemp; some for agricultural study and others as their primary crop. If you are considering changing out your cotton or wheat or even tobacco for another, more economical and profitable crop, now is the time to research the benefits of growing industrial hemp.

So What Are the Benefits of Growing Industrial Hemp?

The hemp growing season is relatively short and farmers can fit in two growing seasons in a single year. Industrial hemp requires much less water than other crops. It grows in a variety of soil consistencies making it ideal regardless of the terrain or climate Hemp plants do not require pesticides making it more affordable and non-toxic. Industrial hemp plants are used in their entirety, producing more than 25,000 different products and a variety of industries

The United States has a multi-million dollar need for the product which has been previously imported so the demand already exists From a recent Hemp, Inc. press release we learn: “In 2011, the U.S. imported $11.5 million worth of legal hemp products, up from $1.4 million in 2000. Most of that growth was seen in hemp seed and hemp oil, which finds its way into granola bars and other products.” Other estimates place the U.S. 2013 hemp sales at half a billion dollars ($500 million). And that is just the tip of the iceberg.

From the article announcing Alabama House and Senate Passing the Industrial Hemp Bill we learn: Thus far in the United States, 27 states which include California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Indiana, Kentucky, Maine, Maryland, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New York, North Carolina, North Dakota, Oregon, South Carolina, Tennessee, Utah, Vermont, Washington, West Virginia, and Virginia have adopted pro hemp laws. The United States remains one of the biggest importers of hemp.

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Over 30 countries produce industrial hemp, including Australia, Austria, Canada, Chile, China, Denmark, Egypt, Finland, France, Germany, Great Britain, Hungary, India, Italy, Japan, Korea, Netherlands, New Zealand, Poland, Portugal, Romania, Russia, Slovenia, Spain, Sweden, Switzerland, Thailand, Turkey and Ukraine. And Louisiana, Ohio and Pennsylvania are set to pass the Industrial Hemp Farming Act of 2015 next.

You can help make the future happen by signing the petition from the National Hemp Association. They need your help to get 1M signatures and raise the money to take this to the federal level and make industrial hemp legal across all 50 states. It is time to prepare for the future and the future includes farmers growing industrial hemp. Are you on board

There’s a new hemp trend sweeping the nation and it has nothing to do with those beaded friendship bracelets from the ‘90s.

Twenty-three states have now enacted pro-industrial hemp legislation (Hawaii Governor Neil Abercrombie signed the latest bill this past week), making the cousin crop to marijuana a national phenomenon. Since the beginning of the year, more than 70 bills related to hemp have been introduced in more than half of the country’s states. Passage of the recent Farm Bill, which legalized the crop for research purposes, further cleared the way for industrial hemp production.

Hemp, which is the same species as marijuana (Cannabis sativa) but contains little to no THC, was grown widely in America before anti-drug sentiment helped make it unpopular in the 1950s. Today, however, the nation’s turning tide on marijuana means its “sober cousin“ is also making a comeback.

Hemp policy is “not just turning a corner,” Rep. Earl Blumenauer (D-Ore.) told The Huffington Post earlier this year. “It’s turning a corner and running downhill.”

So what’s with America’s new obsession with hemp? Below, 9 reasons this wonder crop is sweeping the nation, almost all of which are rooted in the crop’s sustainable and environmentally-friendly characteristics:

1. It’s a farmer’s best friend
Not only does hemp grow in a variety of climates and soil types, it also grows very tightly spaced (decreasing land use) and has a fast growing rate (which leads to high yields). Farmers in Canada are reportedly making $300-per-acre profits from growing hemp. Moreover, because the crop improves soil health (see below), farmers can grow food crops immediately after a hemp harvest without a fallow period.

2. It’s an environmentalist’s best friend
Ever wonder where the nickname “weed” comes from? The hemp plant grows like one, obviating the need for most pesticides (it is naturally resistant to most pests), herbicides, fungicides and thriving on less water than most crops. Because of its resiliency, it has also been flagged as a natural way to clean up soil pollution. Using a process called phyto-remediation, hemp was used at Chernobyl to harmlessly extract toxins and pollutants from the soil and groundwater. Hemp actually absorbs CO2 while it grows through natural photosynthesis, making it carbon-negative from the get-go.

3. It can compete with cotton
Hemp has been used as a fabric since time immemorial. As a textile, hemp is durable, comes in a variety of natural colors based on how it is processed from the plant, and has “a wonderful drape, comparable to linen,” according to Patagonia. Plus, it needs approximately half as much land and half as much water as cotton does to thrive.

4. It’s a “superfood”
Hemp seeds are used in a variety of health foods, including hemp seed butters, hemp seed energy bars, hemp oil and even hemp seed milks. The seeds have a nutty flavor and are regarded as a superfood since they are high in omega-3 fatty acids and complete protein.

5. It could save the trees
Hemp pulp has been used to create paper for at least 2,000 years, including a draft of the Declaration of Independence, but it is currently significantly pricier to process than wood pulp. If processing costs come down, however, hemp pulp could conceivably replace wood pulp, creating a more durable, sustainable and recyclable paper. Moreover, hemp’s low lignin content and naturally light color mean that fewer chemicals and less bleach would be needed to pulp and color hemp paper.

6. It can be made into bio-fuel
A 2009 study from the University of Connecticut’s Biofuel Consortium found that hemp seed oil made a “viable and even attractive“ feedstock for producing biodiesel. Hemp biodiesel proved to be high efficiency (97 percent of the hemp oil was converted to biodiesel) and could even be used at lower temperatures than other biodiesels.

7. We can make carbon-neutral buildings with it
Lovingly called “hempcrete,” hemp fiber can be mixed with lime to create carbon-neutral building supplies, including insulation, pressboard, flooring and wall construction. Hempcrete is energy-efficient, non-toxic and resistant to mold, insects and fire. Moreover, it is easier to work with than concrete and just as strong.

8. It can replace plastic
Henry Ford famously built a car out of hemp & soy plastic in the early 1940s, and Lotus recently did the same. In 2008, the Lotus Eco Elise used hemp in its composite body panels and spoiler, and many car manufacturers have since switched to hemp composites for door panels, columns, seat backs, boot linings, floor consoles and instrument panels. Hemp composites are stronger, lighter and cheaper than fiber glass and carbon fiber — plus, they’re recyclable!
lotus eco elise

9. It could make America a lot of money
Currently, America imports most of its hemp seed and hemp oil from China and Canada. In 2011, the U.S. imported $11.5 million worth of hemp products, up from $1.4 million in 2000. With the laws against industrial hemp changing, however, the U.S. has a chance to create domestic jobs and capitalize on the growing market. Some estimates value the U.S. industrial hemp market at $500 million per year; Canada’s hemp industry is reportedly going to break a billion dollars this year in earnings.

Just to remind our subscribers what $1000000 would buy. Or enable https://www.beerofthemonthclub.org/1000000-dollar-bill-1-million/

Inspirational Technologies – is Committed to Your Health Wellness Beauty and Enrichment

Reporting on Today’s Internal Botanical and Skin Product Benefits

4 Hemp Club was Inspired by Steven Smith’s vision

to “Have an older generation put the younger 4 H Club

envisioned. Our Platform Uses HEMP as an Agricultural

Focal Point, deserving of research, development and the

4 Hemp key points Hemp Health Hope and Happiness.”

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Posted on 03/23/2022 by Steven M Smith — Leave a comment

Trulieve Cannabis Corp. to Hold Fourth Quarter and Full Year 2021 Results Conference Call on March 30, 2022

TALLAHASSEE, Fla., March 4, 2022 — Trulieve Cannabis Corp. TCNNF Trulieve” or “the Company”

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a leading and top-performing cannabis company in the U.S., will hold a conference call on Wednesday, March 30, 2022 at 8:30 AM Eastern Time following the release of its fourth quarter and full year 2021 financial results.

Chairman, Founder, and Chief Executive Officer Kim Rivers, Chief Financial Officer +

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Alex D’Amico, and President Steve White will participate on the call to review Trulieve’s financial and operating results including recently acquired Harvest Health & Recreation.

Image result for Harvest Health & Recreation.

Interested parties can join the conference call by dialing in as directed below.

Participants are asked to request the Trulieve Cannabis Corp. call. Please dial in 15 minutes prior to the call.

U.S. toll free: 1-844-824-3830 Canada toll free: 1-855-669-9657 International dial in: 1-412-542-4136

A live audio webcast of the conference call will be available at: https://app.webinar.net/m21krRWnGKb

An archived replay of the webcast will be available at: https://trulieve.gcs-web.com/events-presentations

Inspirational Technologies – is Committed to Your Health Wellness Beauty and Enrichment

Reporting on Today’s Internal Botanical and Skin Product Benefits

4 Hemp Club was Inspired by Steven Smith’s vision

to “Have an older generation put the younger 4 H Club

envisioned. Our Platform Uses HEMP as an Agricultural

Focal Point, deserving of research, development and the

4 Hemp key points Hemp Health Hope and Happiness.”

Posted on 02/20/202202/22/2022 by Steven M Smith — Leave a comment

Hemp, Nature’s “wonder crop” is in the spotlight again during the USDA Secretary’s recent tour of Lincoln University’s Dickinson Research Facility.

Las Vegas, NV, Feb. 15, 2022 Hemp, Nature’s “wonder crop” is in the spotlight again during the USDA Secretary’s recent tour of Lincoln University’s Dickinson Research Facility. reports today that hemp’s role in sustainable agriculture has garnered the attention of USDA Secretary, Tom Vilsack, as he recently announced that $1 billion in grants will be offered by the federal government to support climate-friendly farming when he toured the facility that studies agriculture.

According to the news source, grants under this program are intended to “engage agriculture, forestry and rural communities in the nation’s fight against climate change” and bolster sustainable agriculture.

What’s more climate-friendly than hemp? Environmentalists believe this “wonder crop” has the potential to make huge strides in the regenerative agriculture movement. Let’s take a look at why they believe that and how industrial hemp farming projects could see some of that $1 billion in grant money. First, hemp can improve soil health. It can be cultivated in almost any environment across the country regardless of the climate and generate high yields with a short 120-day harvest cycle (ideal for crop rotation).

Weed or wonder crop? How hemp harvests could transform the farming landscape

The self-sustaining Smartbox processes the hemp plant into high-value hemp seed oil that can be used as a biodiesel (some of which can fuel the Smartbox’s own generator), fuel pellets or livestock bedding, and hemp seed cake.

“As a cover crop, hemp restores degraded soil by blocking out the room for weeds – reducing the need for synthetic herbicides and adding diversity to crop rotations.” After harvest, hemp leaves behind biomass that can be “up-cycled into added-value products or returned to the soil, feeding essential nutrients back into the ground.”

Second, hemp supports bioremediation.

Bioremediation is when you use living things to heal and cleanse soil after years of toxic build-up. Hemp has a deep root structure and guards against weeds, naturally preparing the soil for rotation. One can liken hemp’s root structure to a vacuum cleaner – accumulating heavy metals and other toxins from the soil before it enters surrounding groundwater.

Third, hemp grows faster than trees and can “sequester large quantities of carbon dioxide back into the ground.”