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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

 

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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.

Climate Change

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.”

Hemp is “a zero-carbon energy source with applications in biofuel.” In fact, scientists estimate that “for every ton of hemp cultivated, 1.63 tons of CO2 is removed from the atmosphere.” (Source) Overall, hemp, as the industry continues to mature, has the power to “lower the ecological impacts of food, fuel and fiber production, empower small-scale farmers and create jobs in a variety of industries.”

But while we praise this wonder crop, we have to remember a total hemp-based economy doesn’t automatically equate to a greener future. Yes, the industry is maturing but it’s up to the farmers to ensure that it’s grown in a way that heals the land, not destroy it like conventional commodity crops which erodes soil and externalizes pollution.

The Climate 21 Project (the funding program that’s part of a broader initiative) under the Biden administration outlines the steps the USDA can take to encourage farmers, ranchers and landowners to take up practices that scientists believe can help reduce atmospheric carbon. It “taps the expertise of more than 150 experts with high-level government experience to deliver actionable advice for a rapid-start, whole-of-government climate response coordinated by the White House” and accountable to President Biden.

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The Hemp Inc Company projects that it may be eligible to receive some of the $1 billion funding must “demonstrate climate-smart production practices, activities and systems on working lands; verify the carbon and greenhouse-gas benefits associated with those practices; and work to develop markets and promote their climate-smart commodities.”

The grants are available to local, county, tribal and state governments, small businesses and for-profit organizations, nonprofits and universities. Applications are being accepted for projects between $5 million to $100 million through April 8th but the deadline for pilot projects up to $250,000 is May 27th.

With the industrial hemp market growing exponentially, resources and contacts are invaluable. The industrial hemp market is expected to reach $12.01 billion by 2028 and is expected to expand at a compound annual growth rate (CAGR) of 16.2% from 2021 to 2028, per the most recent study by Grand View Research, Inc.

 

 

 


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“1st Hemp USA” congratulates Idaho on being the 50th state to finally legalize industrial hemp. “We Now Have a Grown-Up 4-H Club” – Steven Smith

Las Vegas, NV, Jan. 31, 2022, 1st Hemp USA‘s spokesman and owner of Inspirational Technologies, a Health, Wellness and Beauty Company, Steven Smith congratulates Idaho on being the 50th state to legalize industrial hemp. “Inspirational Technologies” owner Steven Smith said that “1st Hemp USA’s News Outlet to the Media is by way of InspirationalTech.org and we are proud to have been promoting the legalization, from all states, since the 2018 Farm Bill was sign into legalization in late December 2018.

 

BOISE — Amid years of historic drought and a push for more sustainable resources to lower carbon emissions, industrial hemp legalization may have come along at just the right time for Idaho agriculture. Licensed handlers are allowed to process raw hemp materials into other materials, but they can’t grow the crop.
Hemp is believed to be one of the earliest cultivated crops in modern human history, but it only became legal to grow in Idaho last year. Farmers are beginning to receive licenses from the state to produce and handle the crop during this growing season for commodities such as insulation, paper, oil and food products.

 

Inspirational Technologies
4 Hemp Club

“We Now We Have a Grown Up 4-Hemp Club” – said Steven Smith, who implemented the “4 Hemp Club” in his company rollout. All States had to comply in some fashion to this Government Legislation with a plan and implementation. Now that the deals have all been done, it’s time to analyze, just what has each state accomplished.

Florida Hemp

Steven Smith, Founder and Owner of Inspirational Technologies,

a Health and Wellness company in the US since 2014.

Thanks to House Bill No. 26 passing in Idaho’s April 2021 legislature, with an emergency clause that made the law effective as soon as it passed both chambers of the Legislature, approved farmers are now receiving their hemp licenses so that they can legally “produce and handle the crop during this growing season for commodities such as insulation, paper, oil and food products.” According to the news source, Idaho took a very “methodical and diligent approach” to what it would mean for the state to legalize the crop. Coupled, both of these factors are expected to result in the increased demand for high-quality cosmetics, personal care products, protein supplements, and other health food products, and are expected to drive the market over the projected period

 

Idaho’s industrial hemp legalization gives its farmers an opportunity to diversify their operations, potentially creating more opportunities to do business with other companies in the industry.  Idaho Farm Bureau’s deputy government affairs director, Braden Jensen, said the Bureau has been “pushing for the policy change for the better part of the past 20 years, but the 2018 Federal Farm Bill that removed hemp from the controlled substances list made the issue a priority in the 2021 legislative session.” Idaho now has two licensing options for its farmers (handlers and producers). Licensed handlers are allowed to process raw hemp materials into other materials, but they can’t grow the crop. Licensed producers can grow and market the hemp crop.

Both licenses will require a background check on its owner that has to be renewed annually and producers will have their hemp lots tested for acceptable levels of THC (below 0.3%). If any sample of the lot tests higher than this threshold, the entire crop will either be destroyed or blended with a different strain to lower the THC amount. The news source said the state had about 60 applications in November of 2021 and as of today, 8 have been fully granted (4 handlers, 3 producers, 1 handler/producer). For those granted licenses, the news could not have come at a better time. The industrial hemp market is growing exponentially. A new report by Grand View Research, Inc. (October 2021) noted the global industrial hemp market is expected to reach 12.01 billion by 2028

and is expected to expand at a compound annual growth rate (CAGR) of 16.2% from 2021 to 2028. The report also mentioned population growth and the rising per capita disposable income.

Twenty Years In The Making

Idaho Farm Bureau’s deputy government affairs director, Braden Jensen said the Bureau has been “pushing for the policy change for the better part of the past 20 years, but the 2018 Federal Farm Bill that removed hemp from the controlled substances list made the issue a priority in the 2021 legislative session.”

New Licensing System

Idaho now has two licensing options for its farmers (handlers and producers). Licensed handlers are allowed to process raw hemp materials into other materials but they can’t grow the crop. Licensed producers can grow and market the hemp crop. Both licenses will require background checks that will need to be renewed annually and producers will have their hemp lots tested for acceptable levels of THC (below 0.3%). 1st Hemp USA News

BOISE — Amid years of historic drought and a push for more sustainable resources to lower carbon emissions, industrial hemp legalization may have come along at just the right time for Idaho agriculture.
Hemp is believed to be one of the earliest cultivated crops in modern human history, but it only became legal to grow in Idaho last year. Farmers are beginning to receive licenses from the state to produce and handle the crop during this growing season for commodities such as insulation, paper, oil and food products.  
 

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Cannabis Global in Distribution and Purchase Option Agreement for Cannabis Transport System Comply Bag(R)

LOS ANGELES, CA November 10, 2021 Cannabis Global, Inc. , an innovation-oriented company investing in disruptive cannabis technologies, today announces it has entered into a distribution agreement with Humboldt Bliss to distribute the Company’s Comply Bag®, cannabis transport system with integrated smartphone track and trace app.

Cannabis Global

As part of the agreement, the Company also also granted Humboldt Bliss an option to purchase a controlling interest in Ethos Technology LLC, dba Comply Bag®, a wholly-owned subsidiary of Cannabis Global, for $4 million, which controls the products and the associated intellectual property.

David Welch, the managing partner at DRWelch, a Los Angeles-based law firm specializing in regulatory compliance and intellectual property issues with a strong specialization in the cannabis industry, who serves as general counsel of Humboldt Bliss, commented, “We see strong possibilities relative to Comply Bag® especially relating to what most people in the cannabis industry believe will be an upcoming national market for cannabis. Comply Bag® is the best way to stop diversion of cannabis from the legal market into the illicit market and we believe likely to become a standard requirement for Government approved cannabis facilities. As more licensed and legal cannabis commerce occurs, the secure tracking and tracing of cannabis shipments will become a vital interest of both corporations and regulatory agencies.”

 

 Comply Bag® utilizes proven security, tamper resistance, and tracking

features that will allow cannabis companies to transport products

as safely as large financial institutions transport cash and marketable securities.

The product includes the integration of the METRC applications programming interface (API)

into a custom smartphone app that will allow cannabis shippers and receivers to scan shipments

with the information being integrated directly into the leading cannabis track and trace system.

At least 15 states, including California. #CannabisGlobal

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Cannabis Global (CBGL) and Marijuana Company of America (MCOA) Applaud California Assembly Passage of AB 45 Allowing CBD in Food Despite Federal Red Tape

LOS ANGELES, CA September 20, 2021

Cannabis Global, Inc. (CBGL), an innovation-oriented company investing in disruptive cannabis and hemp-related technologies, and Marijuana Company of America (MCOA) today jointly issued statements concerning California’s Passage of Assembly Bill 45 (“AB 45”), which seeks to establish a regulatory framework for industrial hemp under the Sherman Food, Drug, & Cosmetic Law framework.

Governor Gavin Newsom (CA), who easily beat back a challenge to his leadership last week in a landslide recall election win, has already expressed strong support for AB 45.

Enactment of this legislation would resolve California state enforcement completely by deeming CBD safe for human and animal consumption and ending state prohibition of CBD products.

Moreover, full passage of the measure would open the door to the production and sale of CBD products in the state despite Federal regulatory barriers.

Cannabis Global Inc (CGBL)

 

Cannabis Global CEO Arman Tabatabaei stated,

“Without state cooperation, we believe the FDA would likely have trouble providing an effective regulatory framework for CBD in California.

AB 45 is a game changer for companies that market CBD products in the state. While important restrictions on manufacturing remain in place, this is unequivocally positive for any producer of hemp or CBD products targeting end-market consumers in California.”

Marijuana Company Of America (MCOA)

 

“This legislation represents a crucial step for a viable industry with tremendous value to offer California residents,” remarked Jesus Quintero, CEO of Marijuana Company of America.

“We have faith in the state’s democratic process and the system’s ability to produce a rational legislative result on this issue.

AB 45 opens the door to a world where California consumers can finally gain access to the CBD products they have been requesting for years.

And the Assembly’s passage of the bill is a big step in the right direction.

 

AB 45 has successfully passed California state legislative consideration

and now rests on Governor Newsom’s desk,

where it is widely expected to be signed into law over coming weeks.

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Hemp 2020 Will Be Catapulted in 2021

Recent American Poll

45% Heard of and Use CBD

20% Know CBD comes from hemp

5% know What Hemp Is. 

WHY WE NEED TO KNOW ABOUT THIS IMPORTANT “CROP”.

It’s a long list when you’re looking at the states it’s legal to grow hemp in 2019 — especially since only three states in the entire country didn’t make the cut.

That said, the restrictions placed by agricultural departments at the state level can severely impact the opportunities for hemp growers.

The 2018 Farming Bill paved the way for farmers to cash in on this incredible crop. However, it’s necessary to research the laws in your state before you get your hopes up. In addition to looking at the current regulations — with so many legislatures reviewing laws regarding industrial hemp growing — you’ll want to keep an eye on what’s potentially coming down the pipeline as well.

Industrial Hemp Farming – Where Is It Legal?

The industrial hemp farming act removed the plant from the list of controlled substances. The 1937 Marihuana Tax Act ban included hemp. However, farmers grew it in locations like Kentucky during the 1950s! It was also widely grown during World War II due to its many uses, which we discuss later on.

The Bill didn’t legalize CBD, nor did it guarantee the legal operation of an industrial hemp farm in every state. It made it clear that states had to develop a plan and submit it to the United States Department of Agriculture (USDA). Therefore, states are allowed to prohibit the growth of the plant.

The Farm Bill didn’t legalize CBD, nor did it guarantee the legal operation of an industrial hemp farm in every state.

At present, Idaho stands alone as the only American state to prohibit industrial hemp cultivation. Both Mississippi and South Dakota passed legislation in hemp’s favor in 2020. Incidentally, both states also legalized medical marijuana in November 2020. South Dakota went a step further. Recreational cannabis could be on sale in SD from 2022.

According to News America, Indiana is now one of the twenty-nine states with approved hemp licensing for commercial businesses.

Many states have submitted their plans for approval. Others have yet to do so and are happy to fall back on the Farm Bill regulations.

If you intend to grow hemp, there are plenty of considerations. Too many farmers are seduced by the potential riches that await them. Some estimates suggest one can earn $100,000 per acre. Of course, you must subtract a myriad of expenses. Nonetheless, this is less of an issue if you grow over 100 acres of high-quality hemp! In most states, up to 90% of all hemp is developed for the CBD industry. This is a shame because it is a crop with phenomenal potential.

What Are Industrial Hemp’s Uses?

The number #1 use of the crop is for the billion-dollar CBD market. It is understandable but limits the potential of this fantastic plant. If you think long and hard, you could develop a long list of useful industrial hemp products. Remember, this is a crop that once dominated the American landscape. Estimates vary, but it is believed that you can make approximately 25,000+ products from the plant!

The settlers at Jamestown in Virginia grew the crop in the 17th century; it was mandatory! Copies of the Bible were made with hemp paper, as was a draft of the Declaration of Independence. Humans used the crop for centuries with industrial hemp fiber, a particular favorite. In the early 1900s, hemp-derived cellulose was championed as a renewable and affordable raw material for plastics.

The key will be to get yourself situated in a state where it’s legal to grow hemp in 2019, and then get your hands on the right seeds and clones to ensure you have the highest quality crop come harvest time

The article also stated Indiana has started accepting hemp cultivation and processing licenses in November for the 2021 growing season. The state is offering one general hemp license and another one for agricultural hemp seed production. Applicants are also required to submit their personal address, GPS coordinates, where the hemp is located and a legal description of the property used for the hemp operation.

Many other states are also currently negotiating commercial hemp licensing plans with the U.S. Department of Agriculture as farmers increasingly seek to grow hemp for manufacturers seeking cannabidiol (CBD), cannabinol (CBN) and cannbigerol (CBG) for oils, lotions, foods and beverages. With more than 25,000 uses for hemp, farming hemp for textiles, insulation, pet bedding and more are increasing at an exponential rate.

(Source/Credit: News Americas Now)

One theory posits that hemp’s ability to replace synthetic materials such as plastic and nylon was a primary reason for its prohibition. You could make the argument that hemp was a threat to certain industries. DuPont produced neoprene in 1930, for example. However, the same company didn’t invent and patent nylon until the mid to late 1930s.

Incidentally, there is disagreement over the year that nylon was patented. Some sources suggest it was 1937, pbs.org suggests it was 1935, and other sources say it was 1938.

Regardless of the year, the anti-marijuana hysteria in the United States was already at a fever pitch by the mid-1930s. Perhaps the likes of the DuPont family were heavily involved in the Marihuana Tax Act of 1937, though we’ll never know.

What we do know is that the world was robbed of an incredible resource for decades. There are thousands of uses for hemp. Perhaps one of the most important is as a replacement for plastic. Hemp plastic is an eco-friendly alternative to the carbon-based plastics we use today. The hemp version is usually recyclable and biodegradable.

Is it a viable alternative for plastic, however? Can hemp even replaceplastic? 

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