In January of 2019, WHO recommended the rescheduling of cannabis. The U.S. is preparing to address rescheduling of cannabis at the upcoming United Nations Commission on Narcotic Drugs (CND) meeting.
The U.S. Food and Drug Administration Agency has opened up a short comment period intended to bring the public’s voice into their decision process. Lowell J. Schiller, Acting Associate Commissioner for Policy, posted Feb 25, 2019 a request for those interested in submitting comments about the World Health Organization (WHO) recommendations.
Presumably, your comments are meant to inform U.S. policy ahead of the March 18-22 meeting of the United Nations CND in Vienna, Austria. Electronic comments must be submitted on or before March 14, 2019.
If interested in commenting, please visit Regulations.gov.
Many people looking to improve the quality of their life have turned to CBD supplements to reduce pain and symptoms related to stress. Plus CBD can help improve many other health conditions. With the recent Federal legalization of hemp and the legalization of cannabis in 10 States plus DC, CBD is coming into its own.
Canniseur had the opportunity to meet one of the leaders in the CBD industry, Anthony Walsh. Anthony is a serial entrepreneur and the founder of EcoLife Premium Hemp Extracts who wants to make a difference in the world.
Interview: EcoLife Premium Hemp Extracts, Anthony Walsh
Canniseur: The first thing I’d like you to share with our readers is your story. You’ve been a very successful entrepreneur in past ventures. We’d love to hear your motivation for entering the cannabis/CBD field.
Anthony: My business successes came at the price of my health. I started taking CBD due to trouble sleeping and stress and anxiety from my running my storm restoration company DuraShield Contracting. In my research on how to improve one’s health, I found certain life style changes can improve one’s over all well-being. I changed my diet and increased my exercise. Around that time I discovered CBD. I tried it and found great relief. The CBD I found was made in small batches. It worked great. My father became ill and I had him try it. It helped him a great deal too. Then there was a friend who asked about it. Then another. Soon, many family members and friends were getting their CBD oil from me. It really snowballed from there.
My research on CBD found quality control to be lacking. There was no easy way to understand the quality and difference of one CBD product from another. No one was testing their product and making that information available. I was sure I could do this better.
I’ve found a great, organic source of hemp, and a processor that would work with me on the exceptional standards I demand. I want to sell to the public only a product that I would take myself or give to my family.
C: What exactly is the EcoLife movement?
A: The EcoLife Movement is a growing health movement of people living healthier and for more filling lives by using a quality cannabinoid rich hemp supplement like EcoLife daily
C: You’ve invested heavily in the legal and regulatory landscape of “Full Spectrum” products, please tell us what your motivation was for this.
A: At EcoLife want our products to be exactly as we say it is. We want to ensure the quality of our products so our customers know exactly what they are ingesting. It’s as important to me to use only high quality products as it is to sell only the highest quality products. To this end, we invest in regular, 3rd party lab testing to certify our CBD products have the full spectrum of cannabinoids and nothing else. It’s not cheap to have certified lab testing for our products, but this is our utmost priority.
C: While acknowledging that CBD use is becoming more mainstream, there is still has some stigma attached. It’s the scary reefer madness afterglow. Are you planning any educational outreach?
A: We are continually engaging in education. We sing the rewards of good quality full spectrum CBD oil. So, yes our educational efforts will continue.
C: Assuming federal legalization, what is your plan for growing your business before vs. after legalization occurs?
A: Great question. We do plan, down the road, to expand into high THC products. For now though we plan on continuing to sell high quality, certified CBD full spectrum oils, made with sustainably grown, organic hemp. Our CBD full spectrum oil is manufactured with incredibly tight controls.
Our sales have been growing organically as well. We have done very little marketing, yet our sales are doing better than we could have ever expected.
C: Are there different ‘recipes’ for different CBD FSO supplements? Or are they all the same and considered a general health aid for overall better health?
A: This question goes to the heart of how CBD is made and works. The specific cannabinoids found in one full spectrum oil brand is different from another manufacturer. This is solely based on the genetic make up of the hemp plant being grown and processed. All hemp plants are not created equal and the have different genetic makeups. The result is the CBD from one field of hemp is bound to have a different ratio of terpenes and other cannabinoids. The strain of the hemp we process has a high CBD content. It’s this that set us apart from our competitor’s FSO.
C: Are your products available in stores? Where?
A: Our products are available in several stores throughout Wisconsin and a handful of stores in other states like California and South Carolina. You can also purchase our products online at our website.
[Editor’s Note: The news is starting to come in from DAVOS on the business of cannabis. If you’re an investor, this is of interest.]
The Cannabis Business is Booming — But that’s not Necessarily Good if You’re an Investor
- Everybody wants to be in the cannabis space and I think Investors have to be selective because … there will be a new name every week,” the CEO of a pot growing company said.
- Last week, William Barr, President Trump’s nominee to lead the U.S. Justice Department, said Congress needs to come up with a plan to overcome the discrepancies between state and federal law.
The pot industry faces a “massive inflationary bubble,” and that means investors have to be careful, a cannabis CEO told CNBC at the World Economic Forum in Davos, Switzerland.
“Many, many people are entering the cannabis space, which is terrific, but they actually have to have a purpose — they should be able to generate a business,” said Bruce Linton, chief of Canada-based Canopy Growth.
“Everybody wants to be in the cannabis space, and I think investors have to be selective because … there will be a new name every week,” Linton warned.
The legalization of cannabis for recreational use in Canada last year boosted interest in the industry. Some U.S. states have also approved the use of cannabis. Utah and Missouri approved the use of marijuana for medical purposes in November, while Michigan gave the green light to its recreational use.
Richard Carleton, chief executive officer of Canadian Securities Exchange (CSE), told CNBC it’s only a matter of time until the United States approves cannabis at the federal level.
It is a matter of “two and half or six and half years, it depends on the presidential cycle,” he said.
Last week, William Barr, who is President Donald Trump’s nominee to lead the U.S. Justice Department, said Congress needs to come up with a plan to overcome the discrepancies between state and federal law. Barr said he is personally against pot, but he opposes a reversal by the former attorney general against a policy that eased federal enforcement of marijuana laws.
The uncertainty about where the U.S. will go will bring volatility to cannabis stocks, according to the CEO of the financial services firm Canaccord Genuity.
“The U.S. — who knows what’s going to happen? Tons of good things could happen, tons of bad news could happen. Therefore you will continue to see a lot of volatility,” Daniel Daviau said.
“Here you’re measuring earnings two years out, and you’re putting a relatively large multiple on that. You don’t need much of a change in attitude to shift the stock price, so you will see a lot of volatility,” he added.
‘Great Opportunity’ in the Next Markets
There are upcoming markets for the cannabis industry, including Israel and European countries. According to Daviau from Canaccord Genuity, “Europe is gonna go nice and slow.”
Ultimately, he said, it’s a “great opportunity, but years in the making.”
Linton recalled: “Who’s got federal legalization on the books? Greece, Germany, England, Denmark, Czech Republic — they are all federally regulated for medical access.”
The three interviewees agreed that the future of cannabis will come from the medical side, which will subsequently open the doors to wider recreational uses.
“If we reconvene in five years, the proportion which is smoked will be a very small fraction,” Linton said.
“And that’s because medical” will create better product, he added, citing the hypothetical example of anti-anxiety beverages that could be tested medically and then be sold as a way for people to be socially active with greater ease.
Original Article: Pot business: A cannabis industry bubble creates investing challenges, CNBC
Photo: Tom Franck | CNBC
Canopy Growth operations in Smiths Falls, Ontario.
[Editor’s Note: All-american Joe goes all in on cannabis. This is yet another piece of the normalization of cannabis puzzle.]
Call him Grow Montana … because the NFL Hall of Famer is investing HEAVILY in the weed business.
62-year-old Joe Montana is one of the major investors of a company called Caliva — a major legal marijuana operation out of San Jose, CA. The company not only grows weed — it also sells everything from joints to vape pens and even marijuana beverages.
Montana started a venture fund back in 2015 — and when Caliva was seeking investors for a $75 million round of funding, Montana’s company joined in. Caliva CEO Dennis O’Malley issued a statement saying the company plans on opening retail stores in major cities in 2019.
He added, “What we’re trying to do is be the #1 brand in California … We believe this is where global brands are made.”
As for why Montana decided to invest — O’Malley says Joe believes the company will “make a serious impact on opioids use or addiction.”
Original Article: Joe Montana Invests Heavily In Marijuana Business | TMZ.com
Older dogs have seen their owners through years of stress and hustle. They’ve accommodated and adapted. They’ll accompany you through travels in the cold or rain. Your aging dog will trek through different environments with little resistance. However, to really care for an older dog, and reduce your older dog’s stress, is to take note of their aging bones and aching paws throughout the year.
Life can be filled with shopping, long hours of traveling, little kids running around, and visitors that can bring added stress. While the best thing about pets is that they are the most empathetic towards you, they can feel the stress of your emotions as well.
A recent 2018 pharmacokinetic and clinical study done by the College of Veterinary Medicine at Cornell University has determined that “2 mg/kg of CBD twice daily can help increase comfort and activity in dogs with OA (osteoarthritis).” The study states further that “baseline scores showed a significant decrease in pain and increase in activity (p < 0.01) at week 2 and 4 during CBD treatment.”
Trends in rising CBD usages have increased with new and current state legalizations for production. Companies have accounted for the rise in these trends and have invested in state of the art research to not only gauge the market but to offer the best type of CBD oils – especially those that are natural, organic and best of all, contain no GMOs.
King Kanine, a company that specializes in offering natural CBD oils for ingestion for dogs, offers CBD based topical solutions for dry, aching paws as well as dermal inflammation. Their flagship product line of King Kalm™ CBD is derived from Broad Spectrum Cannabidiol Oils. All their CBD products are compounded by a licensed pharmacist & derived from non-GMO and organic hemp, it is lab tested vigorously and often for its potency and bio-availability. They stand by their trademark of utilizing no flavors, preservatives, or colors whatsoever.
Your dog may no longer be young, but new types of pain or stress relief are always worth the try. Your dog may just love you for trying this!