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Understanding Cannabinoids: CBN vs CBD

While there are many cannabinoids that may enhance the therapeutic effects of hemp products, the most common renowned product is the phytochemicals in the Cannabis genus that contain the tetrahydrocannabinol or THC. This is the substance that is responsible for all of the psychoactive effects of cannabis. CBD has long been associated with the variety that offers up the best help benefits without offering up the high that the THC gives to users.

While the CBD may not be the feature that is in all of the hemp products, it’s a by-product of the THC. Hemp Genix, Wholesale CBD Oil in South Carolina, has 80% purity compared to competitors at 17%-40%.  The CBN doesn’t bind to the body’s cannabinoid receptors like the THC does. It’s long been known to give a stronger sedative effect when it’s used in combination with the THC.

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At Hemp Genix, all of our products are made with 100 percent USA, Zero THC and 80 percent purity Wholesale full-spectrum CBD oil in South Carolina. This is carefully derived from a variety of cultivars of hemp which contain an abundance of cannabinoids.

A lot of people are very familiar with CBD or Cannabidiol. This is found in highly concentrated amounts in a variety of products. However, there are lots of cannabinoids that are found in hemp. These have shown a variety of benefits in studies. All of our products offer you full-spectrum hemp oil. This also includes all of our cannabinoids that are found in the plant. We don’t want you to miss out on any of the benefits.

 

Wholesale Cannabidiol CBD in South Carolina

This is the most abundant cannabinoid in the hemp oil. It makes up 90 percent of the content of cannabinoid. It’s non-psychoactive and the focus is on how it benefits the body via the hemp oil. It has minimal affinity for CB1 or CB2 receptors. The main focus on interaction is in the endocannabinoid system and it acts as an indirect antagonist toward the cannabinoid antagonists. This, in turn, may allow the CBD to temper the high that is caused through the THC. Wholesale CBD Oil in South Carolina from Hemp Genix are over 80 percent pure and CBD makes up the majority of the Oils weight. Industry averages and nearly all of the other products with cannabinoids and brands average in at 17 to 40 percent purity.

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What’s The Difference Between CBD And CBN?

Cannabis has a number of cannabinoids in which the most abundant are the levels of THC. There are 9 tetrahydrocannabinol as well as CBD and CBN. This is the active ingredient that makes you high. The THC is in the plant and the CBD is the precursor and the CBN is the metabolite of the THC. As the cannabis ages, the THC level breaks down into the CBN.

 

This also leads researchers to believe that the CBD might give some protection against ecstasy-derived neurotoxins or long-term depletion of the serotonergic receptions. While this is still speculation, it’s investigating further. The CBD is usually present in significant enough quantities in such products as hashish or cannabis resins. However,r it’s also in the herbal cannabis referred to as skunk in smaller amounts.

Overall, the CBN is a great cannabinoid that offers up a varied range of therapeutic applications that work together with the rest of the “team” in order to offer up the best possible results. Clearly, more clinical trials are required to see how else it can benefit patients.

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The end of marijuana prohibition is coming. But how the federal policies will change could have a dramatic effect on the nation's burgeoning legal marijuana businesses, which could fall victim to the same scourge that has hampered so many other nascent industries: regulations.

At the end of this month, the Food and Drug Administration and the Drug Enforcement Administration will announce their decision whether or not to reclassify marijuana under the Controlled Substances Act. The agencies did not give a hint as to which way they are leaning, but there are a number of moves they could take--the plant could be de-scheduled completely like alcohol or tobacco; it could remain as a Schedule I drug (it's current classification) or some of the plant's active chemicals could be rescheduled while the whole plant could remain illegal.

The real concern among those in the industry is what happens if the FDA and DEA reschedule marijuana as a Schedule II drug. FDA regulation experts say if pot is placed in the same category as legal pharmaceutical formulations of opioids like oxycodone and stimulants like amphetamine the burden of keeping up with regulatory compliance might be too costly for many of today's small marijuana companies.

"Schedule II would be a nightmare for the cannabis industry," says Andrew Ittleman, a lawyer and partner at Fuerst Ittleman David & Joseph in Miami. His firm helps companies navigate FDA's laws and regulations. 

Right now, since marijuana is classified as an illegal drug with no medical benefits, the drug's prohibition is policed by the Drug Enforcement Administration and other law enforcement agencies. But if it is reclassified as a drug with medical benefits, the FDA would lead the charge in regulating its manufacture, distribution, sale, and use.

What's more, under the Schedule II classification, every cannabis-derived product would be subject to the kind of scrutiny typically reserved for drugs like Adderall and OxyContin. If, for instance, a brand says its Cannabidiol (CBD) oil cures seizures or Tetrahydrocannabinol edibles (THC) relieve pain, the products will be targeted for testing. If the claims turn out to be unproven, that company could be charged with criminal misbranding, says Ittleman. So rather than just going back to the drawing board, a company's operators might face prison time or fines. Further, if a company's manufacturing facilities aren't up to FDA standards, the products made in those facilities would be considered an "adulterated drug," or impure and unfit for consumption, under federal law, says Ittleman.

To be sure, ensuring your products are viable and safe for consumers is a worthy endeavor. There are, after all, a great many reasons why many regulations exist in the first place. Additionally, this new classification could give marijuana something of a credibility boost--that is, it puts the drug in the same league as legal, but controlled substances that are regulated by the government, prescribed by degree-holding doctors, and dispensed by licensed pharmacists.

The trouble is, the marijuana industry as it exists today simply isn't prepared for the rigors of transforming into a pharmaceutical industry.  

If marijuana becomes a Schedule II drug, the FDA would subject companies to intense inspections and testing. Companies would need to get their packaging and labeling approved by the FDA; the Federal Trade Commission would be there to ensure companies don't sink to unfair or deceptive marketing and advertising practices. If marijuana was de-scheduled, and placed into the same category of alcohol and tobacco, it would fall under the purview of the Bureau of Alcohol, Tobacco, Firearms, and Explosives. That has its own maw of legal hoops to maneuver.

"If the FDA came out and said we are making cannabis Schedule II and the entire industry didn't change, the whole industry would be illegally trafficking a Schedule II substance," says Hank Levy, a CPA for marijuana companies, including Harborside, one of the largest dispensaries in the nation. Simply put, the industry as it stands today would not be legal under a whole set of other laws.  

"I don't see Schedule II as being any help here for the existing cannabis industry at all," says Ittleman, who notes that the changes likely open the door to big pharmaceutical companies that have the experience manufacturing Schedule II controlled substances. "This is the red carpet for Purdue Pharma and Pfizer to enter the industry," adds Ittleman.

Even so, marijuana entrepreneurs remain undeterred. The cannabis industry is a $40 billion dollar market regardless of federal law and it's not going away.

Last December at a Meetup group event in New York City called High NY, marijuana entrepreneur Steve DeAngelo, the founder of Oakland, California-based Harborside, took questions from the audience regarding the future of the industry. DeAngelo, who started as an activist in Washington, D.C., now runs a $30 million a year dispensary. DeAngelo has battled federal law enforcement to successfully avoid commercial forfeiture and is currently battling the IRS in an effort to change tax code 280e.

One audience member asked: What happens if the industry loses the war? What if a new president comes in and orders the DEA to drop out of black helicopters and arrest every entrepreneur in all 24 states where some form of the marijuana economy enjoys state law protections? What if the DEA and FDA do the same thing to marijuana as they did with opium and outlaw the actual plant and only permit pharmaceutical pills? What would the marijuana industry do if suddenly pot was only legal in pill form?

DeAngelo smiled and said the marijuana plant cannot be stopped by a government, a new president, or a cadre of agencies.

"We'll take to the hills, like we always have," said DeAngelo, explaining that farmers in northern California have been growing in the isolated foothills of the Emerald Triangle since the 1960s. "It's a plant and it can grow anywhere. The only way they can take it away from us is if we give it to them."

 

Whoopi Goldberg Gets Into the Marijuana Business 

Key Benefits Of CBD Vape Oil

Is CBD vape oil as good as people state it is? Is there a lot of hype behind it as a solution to use to treat conditions and remain healthy? No, it is not a hyped product because it deserves the reputation it has in the market and world of medicine.

Here are the main advantages you are going to see with a CBD vape oil solution and why many people are now putting this on their list of things to get and use as soon as they can.

You will feel it right away, and it is going to make you content.

1) Easy To Use

The first benefit is the fact you are going to enjoy using it, and it will be easy for you to put to use. There are many issues a person can have, but you won't have it as long as you are going down this path. You will be able to use the oil in seconds and see it change your life forever. Most people cite this as a benefit they see right away, and you are not going to be any different. It will be worth your time and effort.

2) Natural

You are going to want a natural solution, and if that is what you are going for, you will know a natural solution is a must in this day and age. Without a natural solution, you are not going to enjoy the results at all.

This is a powerful option and one that is not going to damage the body in any way. This is key when you are looking to find a solid fit that works in all situations and won't create issues as time goes on.

You can know this is a solution that doesn't have side effects to stave off.

3) Fast

How fast does it get to work in the body when you start using it? This is a question you are going to have with CBD vape oil, and you are going to be pleased with the answer as soon as you receive it. This is going to respond well and is going to act as fast as you want it. This is going to make you feel great, and you are going to keep using it in the long-term as you should.

Look into this and feel good about the value you are getting as a whole.

4) Helps Relax

The one thing guaranteed for all users is the fact you are going to be able to relax. You will feel it as soon as you put it to use. It is going to feel like you have never felt before and that is a must.

Without this, you are never going to be able to relax in the way you want to.

Always look into this and make sure you are moving forward with a good solution that is as consistent as you need it to be.

This is the only way you will be able to make the most of it.

5) Multiple Health Benefits

It's a combination of health benefits at play that make this a special solution one should be looking at making the most of. Without these health benefits, how is a person going to be able to enjoy the value of this oil? It is proven to help with a range of issues such as diabetes, joint pain, cancer, and various other medical concerns a person can be dealing with at any point in time. You want to take a look at this as soon as you can.

With these key benefits, you will know CBD vape oil is a must when you are looking to find a premium solution that is easy on the body. If you are not careful, you could end up using a solution that is not as convenient and could do more damage than good. You want to spend time on these things and make sure they are done with a high level of care. If you are not selective, you will not enjoy it one bit and that is not something you want to have to deal with.


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Understanding Cannabinoids: CBN vs CBD

While there are many cannabinoids that may enhance the therapeutic effects of hemp products, the most common renowned product is the phytochemicals in the Cannabis genus that contain the tetrahydrocannabinol or THC. This is the substance that is responsible for all of the psychoactive effects of cannabis. CBD has long been associated with the variety that offers up the best help benefits without offering up the high that the THC gives to users.

While the CBD may not be the feature that is in all of the hemp products, it’s a by-product of the THC. Hemp Genix, Wholesale CBD Oil in Bethune, has 80% purity compared to competitors at 17%-40%.  The CBN doesn’t bind to the body’s cannabinoid receptors like the THC does. It’s long been known to give a stronger sedative effect when it’s used in combination with the THC.

wholesale cbd oil near me

At Hemp Genix, all of our products are made with 100 percent USA, Zero THC and 80 percent purity Wholesale full-spectrum CBD oil in Bethune. This is carefully derived from a variety of cultivars of hemp which contain an abundance of cannabinoids.

A lot of people are very familiar with CBD or Cannabidiol. This is found in highly concentrated amounts in a variety of products. However, there are lots of cannabinoids that are found in hemp. These have shown a variety of benefits in studies. All of our products offer you full-spectrum hemp oil. This also includes all of our cannabinoids that are found in the plant. We don’t want you to miss out on any of the benefits.

 

Wholesale Cannabidiol CBD in Bethune

This is the most abundant cannabinoid in the hemp oil. It makes up 90 percent of the content of cannabinoid. It’s non-psychoactive and the focus is on how it benefits the body via the hemp oil. It has minimal affinity for CB1 or CB2 receptors. The main focus on interaction is in the endocannabinoid system and it acts as an indirect antagonist toward the cannabinoid antagonists. This, in turn, may allow the CBD to temper the high that is caused through the THC. Wholesale CBD Oil in Bethune from Hemp Genix are over 80 percent pure and CBD makes up the majority of the Oils weight. Industry averages and nearly all of the other products with cannabinoids and brands average in at 17 to 40 percent purity.

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What’s The Difference Between CBD And CBN?

Cannabis has a number of cannabinoids in which the most abundant are the levels of THC. There are 9 tetrahydrocannabinol as well as CBD and CBN. This is the active ingredient that makes you high. The THC is in the plant and the CBD is the precursor and the CBN is the metabolite of the THC. As the cannabis ages, the THC level breaks down into the CBN.

 

This also leads researchers to believe that the CBD might give some protection against ecstasy-derived neurotoxins or long-term depletion of the serotonergic receptions. While this is still speculation, it’s investigating further. The CBD is usually present in significant enough quantities in such products as hashish or cannabis resins. However,r it’s also in the herbal cannabis referred to as skunk in smaller amounts.

Overall, the CBN is a great cannabinoid that offers up a varied range of therapeutic applications that work together with the rest of the “team” in order to offer up the best possible results. Clearly, more clinical trials are required to see how else it can benefit patients.

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Wholesale CBD Oil in Bethune South Carolina

How Vaping Can Help You Quit Smoking And How To Get Started

Anyone that has ever been addicted to smoking cigarettes can tell you how hard they are to quit. Many millions of people have tried, many hundreds of times in their lives, and never been able to quit smoking. But as fewer people start, and the older smokers die, there are fewer people smoking all of the time, so they've become outcasts in many states, cities, and even families. In most public places it's now illegal to smoke, so smokers are all standing outside freezing in the winter and sweating in the summer, to get their fix. Nicotine has been called one of the most addicting chemicals known to man, worse than heroin. So, just how can vaping help a smoker quit, is it safer, and how does a person get started?

Vaping Has Been Around Awhile, But It's Getting More Popular

Believe it or not, vaping and e-cigarettes have been on the scene for quite some time. They have advanced, gotten more high tech, been investigated, and millions have used them to quit smoking, sometimes successfully. Many scientists have weighed in on the subject, some pro, and some con, but the bottom line is that some people have been able to reduce their tobacco smoking habits and become more healthy.

In the real world, there are actually very few quit smoking programs that have worked for most people. In fact, when you check the statistics, most people fail at quitting smoking at least 6 times before they win the battle, or stop trying. So, if you're talking to a smoker and have anything to offer that could help them quit, they're going to listen.

Vaping Can Be Far Less Expensive Than Tobacco

The government has really cracked down on smokers and tobacco, making it one of the most expensive habits in the world. The real wholesale price of a pack of cigarettes averages about 50 cents, the rest is all federal, state, and local taxes. Estimates vary, but nearly all research shows that vaping and eCigarettes are at least 40% cheaper.

If you don't mind buying your own vaping oil and mixing it carefully into usable vaping batches in small bottles, you can save about 60% to 70% over the price of tobacco. While they use "pack a day smoker" for their statistics, there are millions of smokers that smoke at least 3 to 5 packs a day. Everyone knows a smoker that smokes a pack an hour too. These people could save thousands and thousands per year by not buying tobacco and mixing their own vaping oil instead.

Researchers Say Vaping Is Bad For Your Health

But they have to say that when anything is bad for you, they can't come out in favor of it. The real stats show that up to 95% of the harmful ingredients in tobacco aren't in eLiquids at all. This is according to the UK Public Health Department in a study done in 2015. Now of course, if you're trying to quit smoking, you're going to take anything that is less dangerous than cigarettes because they're for sure going to kill you.

The biggest worry that regulators have is that vaping will become a fad and many young adults that wouldn't smoke a cigarette will try vaping if they think it's not as dangerous. So far, government statistics aren't showing that many young people are using eCigarettes as a gateway to tobacco. On the other hand, they are helping some people quit smoking either tobacco or completely quit altogether.

The Best Way To Use Vaping To Quit Smoking

There are actually several addictions taking place when a person smokes cigarettes. The number one strongest, of course, is the nicotine that's considered very addictive. But, in addition to that, there is holding the cigarette, puffing, and inhaling the smoke too. And finally, there is the flavor of the tobacco. An eCigarette can do all of those things, then you can lessen each one gradually until you quit.

The nicotine is the hardest, you can adjust the amount of nicotine easily yourself if you mix your own, or have a vaping shop do it for you. You can also reduce the tobacco flavoring, or switch to one of a thousand other flavors if you'd like. The flavoring is the least of your worries, the nicotine reduction is the first priority.

Once you've reduced the nicotine, then get rid of the tobacco flavor, that will still have some carcinogens in it. Most of the thousands of other flavors are very clean, almost no cancer causing agents, plus no addictive chemicals either. If you have to continue smoking, vaping is the best alternative, and it may save your life in the end.

New research is coming out daily on the pros and cons of eCigarettes and vaping, everyone has to do their own research. But by all means, take the time to read the studies and pick the far lesser of two evils if you have to, if not for yourself, for those who love you.

Banking for Cannabis Companies Is About to Get Easier Thanks to This Startup

In a historic move, the U.S. Drug Enforcement Agency granted approval for a nonprofit to study marijuana's medical benefits on military veterans suffering from combat-related psychological disorders.

The Multidisciplinary Association for Psychedelic Studies (MAPS), a California-based nonprofit that studies medical uses of psychotropic drugs, will conduct the clinical trial, which will be a double-blind, placebo-controlled trial using the whole plant (not an extract or pill version). The trial is the first in U.S. history to receive full approval from the DEA and FDA.

The study will examine whether medical marijuana can treat Post-Traumatic Stress Disorder in 76 U.S. military veterans. The veterans have treatment-resistant PTSD and haven't found relief from other medications. The study will look into how different strains and doses of marijuana can benefit the veterans and look into potential side effects, a press release from MAPS says.

The trial intends to develop "smoked botanical marijuana into a legal prescription drug" approved by the FDA, MAPS says in a statement.

MAPS received a $2.16 million grant from Colorado's Department of Public Health and Environment (CDPHE) to conduct the trial.

"We have been working towards approval since we opened the Investigational New Drug Application (IND) with the FDA in 2010," said Amy Emerson, executive director and director of clinical research for the MAPS Public Benefit Corporation, in a release. "We are thrilled to see this study overcome the hurdles of approval so we can begin gathering the data. This study is a critical step in moving our botanical drug development program forward at the federal level to gather information on the dosing, risks, and benefits of smoked marijuana for PTSD symptoms."

MAPS, which was founded in 1986, has raised over $36 million for psychedelic therapy and research and education in marijuana's medical benefits.


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Understanding Cannabinoids: CBN vs CBD

While there are many cannabinoids that may enhance the therapeutic effects of hemp products, the most common renowned product is the phytochemicals in the Cannabis genus that contain the tetrahydrocannabinol or THC. This is the substance that is responsible for all of the psychoactive effects of cannabis. CBD has long been associated with the variety that offers up the best help benefits without offering up the high that the THC gives to users.

While the CBD may not be the feature that is in all of the hemp products, it’s a by-product of the THC. Hemp Genix, Wholesale CBD Oil in Campobello, has 80% purity compared to competitors at 17%-40%.  The CBN doesn’t bind to the body’s cannabinoid receptors like the THC does. It’s long been known to give a stronger sedative effect when it’s used in combination with the THC.

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At Hemp Genix, all of our products are made with 100 percent USA, Zero THC and 80 percent purity Wholesale full-spectrum CBD oil in Campobello. This is carefully derived from a variety of cultivars of hemp which contain an abundance of cannabinoids.

A lot of people are very familiar with CBD or Cannabidiol. This is found in highly concentrated amounts in a variety of products. However, there are lots of cannabinoids that are found in hemp. These have shown a variety of benefits in studies. All of our products offer you full-spectrum hemp oil. This also includes all of our cannabinoids that are found in the plant. We don’t want you to miss out on any of the benefits.

 

Wholesale Cannabidiol CBD in Campobello

This is the most abundant cannabinoid in the hemp oil. It makes up 90 percent of the content of cannabinoid. It’s non-psychoactive and the focus is on how it benefits the body via the hemp oil. It has minimal affinity for CB1 or CB2 receptors. The main focus on interaction is in the endocannabinoid system and it acts as an indirect antagonist toward the cannabinoid antagonists. This, in turn, may allow the CBD to temper the high that is caused through the THC. Wholesale CBD Oil in Campobello from Hemp Genix are over 80 percent pure and CBD makes up the majority of the Oils weight. Industry averages and nearly all of the other products with cannabinoids and brands average in at 17 to 40 percent purity.

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What’s The Difference Between CBD And CBN?

Cannabis has a number of cannabinoids in which the most abundant are the levels of THC. There are 9 tetrahydrocannabinol as well as CBD and CBN. This is the active ingredient that makes you high. The THC is in the plant and the CBD is the precursor and the CBN is the metabolite of the THC. As the cannabis ages, the THC level breaks down into the CBN.

 

This also leads researchers to believe that the CBD might give some protection against ecstasy-derived neurotoxins or long-term depletion of the serotonergic receptions. While this is still speculation, it’s investigating further. The CBD is usually present in significant enough quantities in such products as hashish or cannabis resins. However,r it’s also in the herbal cannabis referred to as skunk in smaller amounts.

Overall, the CBN is a great cannabinoid that offers up a varied range of therapeutic applications that work together with the rest of the “team” in order to offer up the best possible results. Clearly, more clinical trials are required to see how else it can benefit patients.

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Wholesale CBD Oil in Campobello South Carolina

Down the dirt roads on the hills of Northern California, where small farmers have been growing marijuana and evading the authorities for decades, the anticipation before election day, when the state will vote on a recreational marijuana ballot, is high. But many of the farmers will vote "no" on Proposition 64, the statewide ballot measure that could legalize marijuana for adults over 21. The farmers want marijuana to be legal, but they think the proposed law puts big business interests ahead of the small farmer.

Ruby Steinbrecher, a lawyer and the chair of the Sonoma County Growers Alliance, an advocacy and educational group for marijuana cultivation businesses in California, says many long-time marijuana farmers from Sonoma and up to Humboldt County will vote no on 64, which will propose the passage of the Adult Use of Marijuana Act (AUMA), on Tuesday.

"There is a big fear that the big interests are about to come in and crush the small growers," says Steinbrecher. "We know consolidation is coming, we know things will change, but we don't want the small businesses that have been around for a long time to go away completely because this is the culture of who we are and what we do. We need to protect it."

The main complaint about the Adult Use of Marijuana Act (AUMA) is that it is not as friendly to the small farmers as the medical marijuana laws are. If passed, the California state government will issue unlimited growing licenses in five years time, which means big companies will be able to buy as many licenses as they want to create mega-marijuana farms.

Another issue, says Steinbrecher, is that farmers in Northern California, most of whom have been cultivating marijuana long before the laws started to change, are just learning how to deal with the new medical regulation laws passed under the Medical Marijuana Regulation and Safety Act in 2015, which gave the industry a much needed clear and robust framework to support a legal industry. The new recreational laws add confusion to that process, she says.

"We are just wrapping our heads around the new medical laws passed last year," says Steinbrecher​. "We are busy focusing on that and throwing in new regulations for a recreational market adds a thick layer of complications and issues to the huge paradigm shift of legalization."

California has long operated in a gray market. In 1996, voters passed Proposition 215, which legalized medical marijuana but did not offer a framework or regulatory body to manage the industry. As California's industry becomes legitimate, the farmers need to change the way they have done business for years.

"Many people never kept business records as a precaution [in case of a police raid]. If you were cultivating cannabis, you'd keep business records on scraps of paper and burn them after the harvest," says Steinbrecher, who is also the president of Madrone California, a collective of small marijuana farmers who have come together to help each other stay compliant under the new laws. "Legalization is overwhelming; we need more time to adapt."

According to polls, Proposition 64 is likely to pass in California. If it does, that means marijuana would be legal for recreational use in every state along the west coast of the U.S. The ArcView Group, a network of marijuana angel investors, says if California passes a law for recreational use, the national marijuana market could go from $7 billion last year to $22 billion in four years. There are similar measures in Arizona, Nevada, Maine, and Massachusetts. As for medical marijuana, Florida, North Dakota, Arkansas, and Montana are voting to legalize medical use. But as California is estimated to grow the bulk of the country's marijuana, all eyes are on the state to see what happens. If California legalizes recreational use, there is a good chance that many other states will follow in the coming years, which will in turn put more pressure on the federal government to change federal law.

Hezekiah Allen, who grew up on his family's marijuana ranch in Honey Dew, California, sold the land and started lobbying for small marijuana farmers and businesses in 2014, with his group the California Growers Association. He has fought to get many concessions for small businesses included in the medical regulation laws passed under the Medical Marijuana Regulation and Safety Act in 2015. He says if AUMA passes he will have to start working to get farmer-friendly regulations amended into the new law. The group has a neutral stance on 64, but he says he will vote no.

"Is the goal to make marijuana millionaires? Or to make all these criminals in the hills small-business owners? We want to make business owners out of the farmers who have been working in the shadows for decades," says Allen.

He is also against the rule that allows companies to buy unlimited number of licenses in five years, as he believes it will beget mega cannabis corporations that will threaten the livelihoods of small farmers.

"Small farms are good for California. Right now, the state is home to a diverse group of boutique and craft farms, but 64 will accelerate consolidation," says Allen. "It's going to be messy, it'll be a fight, but I am not discouraged. We will just work to put amendments in that will support small business."

Another aspect of AUMA that Allen believes goes against small businesses is a flat tax structure across the industry; multimillion-dollar businesses will be taxed at the same rate as a boutique grower. The taxes under AUMA will be imposed at harvest, so cultivators will have to pay before getting it inspected for quality and potency, which could end up hurting farmers if the yield doesn't turn out as planned or if mold or pests infest the flowers. This could hurt a small-business owner who lives harvest to harvest, says Allen.

Allen says AUMA does have positive aspects, including the fact that most people will not go jail for marijuana offenses. But much of the work he did to help support small businesses got undone as the campaign raised $20 million to get on the ballot and pay for ads, Allen says.

Another aspect of legalization that farmers will have to get used to, Steinbrecher says, is a shift in culture and attitudes towards the government. She grew up around marijuana cultivators and says she is excited for the industry to become a legitimate part of the economy. But the farmers, who have been persecuted by drug agents dropping out of helicopters to cut down pot crops and arrest the owners since the start of the domestic drug war, are just learning how to trust and deal with the government and regulators, she says. The isolated communities of the hills, the main producers of marijuana sold in retail shops in San Francisco and Los Angeles, want to be licensed and regulated, but in order for it to work, she says, all the farmers need to be on board. But since 64 has been divisive, she says if California doesn't move into legalization slowly, many farmers will just continue operating in the black market.

"We need to show that legalization works and that the government isn't this big, scary man," says Steinbrecher. "Once the farmers all have their licenses and know they will not be busted anymore, that's when it's time to expand to recreational. This will take time."

Angel Investor Directory For Marijuana and CBD Oil Companies

Editor's note: This article is part of Inc.'s 2015 Best Industries report.

In the beginning, Pete Williams grew medical marijuana in his basement. He grew strains with names like White Widow and Sour Diesel, and it was good. Eventually, Pete's older brother Andy joined him and the business soon became too big for the basement. Five years later, Medicine Man is one of the largest and most successful cannabis dispensaries in the state of Colorado. With two retail locations, one in Denver and the other in Aurora, the company produced 7,000 pounds of pot and made $8 million in revenue in 2014. 

The Williams brothers--along with their sister, Sally Vander Veer, who helped with Medicine Man's launch and came on as CFO in 2013--are one of the many success stories in Colorado's $1.5 billion legal weed industry. According to a report by Convergex Group, the state's 300 licensed marijuana businesses generated $350 million in revenue in 2014, a figure that's expected to grow by 20 percent this year. 

Out of the basement.

In 2008, the recession crippled Pete's custom tile business. After 18 years of marriage, he and his wife got divorced, and he needed to make money to support his two children. A friend gave him 16 pot plants, each one small enough to fit inside a Dixie cup, and told him there's good money in "caregiving," or growing weed for medical patients. A born tinkerer, Pete built a complex grow system incorporating hydroponics and aeroponics techniques. That first year, he made $100,000 out of his basement selling to dispensaries.

President Obama declared state-legalized medical cannabis a "low priority" for law enforcement the following year. That's when Andy came down to the basement with a plan. "I'll be the businessman and you be the green thumb," Andy, now the president and chief executive of Medicine Man, remembers telling Pete.

With a loan of just over a half-million dollars from their mother, the brothers leased a 20,000-square-foot space in a warehouse in Denver's Montbello neighborhood and built a state-of-the-art hydroponics-based system. At that time, the brothers were selling wholesale, but in December 2010 a new law was enacted requiring cannabis growers to sell their product directly to customers. Andy and Pete built a dispensary in the front of the warehouse and ceased their wholesale business.  

By 2013 Medicine Man was able to buy the warehouse and had generated $4 million in revenue. But with the legalization of recreational marijuana on the horizon, Andy knew the company needed to raise more money to expand their grow facility and up production in preparation for a spate of new customers. He pitched cannabis angel investor network ArcView Group in California and secured $1.6 million in funding. 

"Andy was the right entrepreneur at the right time for an investment opportunity. At the end of the day, it's clear Andy thought all the way through the pieces of the puzzle," says ArcView CEO Troy Dayton. (Neither Dayton nor ArcView is a Medicine Man investor.) "In a nascent industry, companies get traction not only when they are early but when they are a great business and composed of great people--Andy has both." 

On January 1, 2014, the first day sales of recreational marijuana were officially legal, Medicine Man sold 15 pounds of pot and made close to $100,000. Meanwhile Pete, Andy, and Sally have been looking ahead to a day when cannabis becomes legal nationwide. To ensure another revenue stream, the trio created Medicine Man Technologies, a consulting firm that offers turnkey packages to entrepreneurs who want to start pot business. Medicine Man Technologies, which has helped clients build medical facilities in New York, Illinois, Florida, and Nevada, will become a publicly traded company on the over-the-counter market this summer.

The challenges of being a potpreneur. 

In spite of the safe haven Colorado has created, pot businesses still face at least two major hurdles: First, until major banks decide it's safe to bring on marijuana clients, the businesses must deal exclusively in cash. Medicine Man, which says it brought in $50,000 a day in December, has had to invest heavily in security measures. Its two locations are equipped with a total of more than 100 cameras trained inside and out, as well as bulletproof glass and doors. The company has also hired security company Blue Line Protection Group to supply armed guards for the dispensaries and warehouses, and armored trucks to run money from the safe to pay bills, the government, and vendors. 

Cannabusinesses also face extremely high taxes, in some cases exceeding 50 percent. But thanks to Pete's super-efficient grow operation, which produces a gram of marijuana for the comparatively low cost of $2.50, Medicine Man has been able to slash prices for the customer while staying profitable--so even after the state takes its cut, the company's margins are 30 to 40 percent, Sally says. 

Exit strategy.

It's easy to look at the Williamses, or watch them on MSNBC's reality show Pot Barons of Colorado, and believe they have the life. The trio seem to be sitting on top of the Mile High City's legal weed industry, but they didn't get up there without personal sacrifice. For example, Andy's decision to give up a stable job to launch Medicine Man cost him his marriage.  

"One thing people don't understand is that the entrepreneurs who started the industry in Denver are pioneers in the truest sense. What it takes to be a pioneer is vision, the ability to see something, and the courage to go after it despite the risks," he says. "The risks weren't just about money--they were about our reputations, our freedom, and our families. People risked everything for it."

After years of dealing with all those risks and sacrifices, the Williamses now say they're ready to put their feet up and enjoy the rewards of building the "Costco of marijuana." The siblings are currently in talks with private equity firms regarding an acquisition. They put the current value of the 80-employee business at $30 million, and say it will bring in $15 to $18 million in revenue in 2015.

"We began this whole thing with an end game in mind," Pete says. "We're all in our late 40s and we don't want to work for the rest of our lives." 

He adds that they're willing to sell their majority stake, but they'd like to hang on to 5 to 10 percent. "If we don't sell out, [an acquiring company] will buy our biggest competitor," he says. "If we hook up with the right people, Medicine Man can be a household name like Pepsi or Coke. [People will say,] 'Go get me a pack a Medicine Mans, honey.'"


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Understanding Cannabinoids: CBN vs CBD

While there are many cannabinoids that may enhance the therapeutic effects of hemp products, the most common renowned product is the phytochemicals in the Cannabis genus that contain the tetrahydrocannabinol or THC. This is the substance that is responsible for all of the psychoactive effects of cannabis. CBD has long been associated with the variety that offers up the best help benefits without offering up the high that the THC gives to users.

While the CBD may not be the feature that is in all of the hemp products, it’s a by-product of the THC. Hemp Genix, Wholesale CBD Oil in Conway, has 80% purity compared to competitors at 17%-40%.  The CBN doesn’t bind to the body’s cannabinoid receptors like the THC does. It’s long been known to give a stronger sedative effect when it’s used in combination with the THC.

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At Hemp Genix, all of our products are made with 100 percent USA, Zero THC and 80 percent purity Wholesale full-spectrum CBD oil in Conway. This is carefully derived from a variety of cultivars of hemp which contain an abundance of cannabinoids.

A lot of people are very familiar with CBD or Cannabidiol. This is found in highly concentrated amounts in a variety of products. However, there are lots of cannabinoids that are found in hemp. These have shown a variety of benefits in studies. All of our products offer you full-spectrum hemp oil. This also includes all of our cannabinoids that are found in the plant. We don’t want you to miss out on any of the benefits.

 

Wholesale Cannabidiol CBD in Conway

This is the most abundant cannabinoid in the hemp oil. It makes up 90 percent of the content of cannabinoid. It’s non-psychoactive and the focus is on how it benefits the body via the hemp oil. It has minimal affinity for CB1 or CB2 receptors. The main focus on interaction is in the endocannabinoid system and it acts as an indirect antagonist toward the cannabinoid antagonists. This, in turn, may allow the CBD to temper the high that is caused through the THC. Wholesale CBD Oil in Conway from Hemp Genix are over 80 percent pure and CBD makes up the majority of the Oils weight. Industry averages and nearly all of the other products with cannabinoids and brands average in at 17 to 40 percent purity.

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What’s The Difference Between CBD And CBN?

Cannabis has a number of cannabinoids in which the most abundant are the levels of THC. There are 9 tetrahydrocannabinol as well as CBD and CBN. This is the active ingredient that makes you high. The THC is in the plant and the CBD is the precursor and the CBN is the metabolite of the THC. As the cannabis ages, the THC level breaks down into the CBN.

 

This also leads researchers to believe that the CBD might give some protection against ecstasy-derived neurotoxins or long-term depletion of the serotonergic receptions. While this is still speculation, it’s investigating further. The CBD is usually present in significant enough quantities in such products as hashish or cannabis resins. However,r it’s also in the herbal cannabis referred to as skunk in smaller amounts.

Overall, the CBN is a great cannabinoid that offers up a varied range of therapeutic applications that work together with the rest of the “team” in order to offer up the best possible results. Clearly, more clinical trials are required to see how else it can benefit patients.

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Wholesale CBD Oil in Conway South Carolina

Whoopi Goldberg, the actress and co-host of daytime talk show The View, is launching a new company to sell a centuries-old remedy for women's menstrual pain:  marijuana.

Based in San Francisco, Whoopi & Maya is positioned as a by-women, for-women pot edibles business. Goldberg is teaming with  cannabis grower and edibles maker Maya Elisabeth, herbalist Alexis Gandara, and pot industry PR company founder Evan Nison on the venture, which will begin selling products in marijuana dispensaries in its home city in April.

"I see cannabis as a step in the direction of new forms of medicine, but it also has its place in history and goes back to Queen Victoria," Goldberg tells Inc. "There are many people trying to get you high. We're just trying to get you comfortable."

credit: Michael OsborneCREDIT: Timothy WhitMichael Osborne

The company's products, which are all infused with THC and medicinal herbs such as elderberry, red raspberry leaf, and Guelder-rose, include raw sipping cacao for hot chocolate, a bath salt soak, a body balm for use as a local anesthetic, and a tincture to add to liquids or drop under the tongue. All of the products were developed specifically to relieve menstrual discomfort.

Only a handful of dispensaries will sell Whoopi & Maya products at launch but the founders expect to expand to other stores and new regions over the course of the next year. It will sell non-psychoactive versions of its products made with CBD, a chemical in cannabis that helps reduce inflammation and acts as an anti-convulsant, in states without a legal marijuana market.

Goldberg says she was speaking to her daughter when she came up with the idea for a woman-focused edibles company last year. "We were trying to figure out a product [for menstrual pain] that wasn't full of ingredients with names we couldn't pronounce, and then it hit me." She says she had been using a vape pen with THC oil for her glaucoma, but the more research she did the more she read about THC topical rubs and tinctures.

The founders raised $650,000 from friends and family over the last year to launch the company. All of the pot comes from an all-female-run medical marijuana farm in northern California, which Elisabeth has been involved with since 2008. Goldberg says the company is open to expanding its market beyond solely women, especially as pot sales become legal in more states and the U.S. dispels what she calls "the lie of marijuana being a Schedule I drug" that's as harmful as harder substances such as heroin.

Eventually, Whoopi & Maya also could look to broaden its product lines to other medicinal applications. "Marijuana is like penicillin, Goldberg says. "The amount of things cannabis seems to help is like the amount of things penicillin seems to help." 

 

The Trump Administration Puts the Recreational Marijuana Industry on Notice With New Enforcement Stance

There's an old adage about business that "cash is king" and, if that's so, then cash flow is the blood that keeps the heart of the kingdom pumping. Cash flow is one of the most critical components of success for a small or mid-sized business. Without cash, profits are meaningless. Many a profitable business on paper has ended up in bankruptcy because the amount of cash coming in doesn't compare with the amount of cash going out. Firms that don't exercise good cash management may not be able to make the investments needed to compete, or they may have to pay more to borrow money to function.

"Despite the fact that cash is the lifeblood of a business -- the fuel that keeps the engine running -- most business owners don't truly have a handle on their cash flow," says Philip Campbell, a CPA and former chief financial officer in several companies and author of Never Run Out of Cash (Grow & Succeed Publishing 2004). "Poor cash-flow management is causing more business failures today than ever before."

Academic studies over the years have found that cash flow problems can be one of the leading causes of failure for businesses. A study reported in August from Equifax, the credit reporting agency, found that bankruptcies among the nation's 27 million small businesses leaped by 81 percent between June 2008 and June 2009. While the U.S. Small Business Administration (SBA) estimates that about 600,000 new small businesses are launched each year, a 2007 study reported in the U.S. Bureau of Labor Statistics' Monthly Labor Review indicates that two-thirds will only survive two years, 44 percent survive four years, and 31 percent survive for at least seven years. Scholars have found over the years that insufficient capital is one of the main reasons for small business failure, coupled with lack of experience, poor location, poor inventory management and over-investment in fixed assets, according to the SBA.

The following pages will help you understand what cash flow is, how it impacts profits, and tips on how to improve your cash flow.

Cash Flow Basics

What is cash flow? It's basically the movement of funds in and out of your business. You should be tracking this either weekly, monthly or quarterly. There are essentially two kinds of cash flows:

Positive cash flow: This occurs when the cash funneling into your business from sales, accounts receivable, etc. is more than the amount of the cash leaving your businesses through accounts payable, monthly expenses, salaries, etc.

Negative cash flow: This occurs when your outflow of cash is greater than your incoming cash. This generally spells trouble for a business, but there are steps you can take to remedy the situation and generate or collect more cash while maintaining or cutting expenses.

Achieving a positive cash flow does not come by chance. You have to work at it. You need to analyze and manage your cash flow to more effectively control the inflow and outflow of cash. The SBA recommends undertaking cash flow analysis to make sure you have enough cash each month to cover your obligations in the coming month. The SBA has a free cash flow worksheet you can use. In addition, most accounting software packages geared to small or mid-sized businesses – such as Quickbooks will help you produce a cash flow statement. There are also other websites offering free templates, including Winsmark Business Solutions and Office Depot.

Profit versus Cash Flow

Profit does not equal cash flow. You can't just look at your profit and loss statement (P&L) and get a grip on your cash flow. Many other financial figures feed into factoring your cash flow, including accounts receivable, inventory, accounts payable, capital expenditures, and debt service. Smart cash-flow management requires a laser focus on each of these drivers of cash, in addition to your profit or loss. "There is a secret that very few business owners have discovered (and the accounting community has not done a good job revealing): knowing whether you earned a profit (or created a loss) is not the same as knowing what happened to your cash," Campbell says. "Profit, as defined by the rules of accounting, is simply revenue minus expenses. Invoicing a customer for products or services you sold to them creates revenue. Actually collecting the money on that invoice is what creates cash."

A positive cash flow is actually needed to generate profits. You need enough cash to pay your employees and suppliers so that you can make goods. It's the sale of those goods that helps generate a profit. But if you don't have the money to make the goods, you don't end up with the profit. So you really need to structure your business to have a positive cash flow if you want your business to grow and increase profits.

"Growing your business puts a huge strain on cash," Campbell says. "You almost always have to make investments and bring certain expenses on ahead of achieving the higher revenue and cash flow that comes with successful growth. Maybe you want to open an office in a new city so you can build the business there. Or, you need to build a new facility so you have the capacity to sell to larger customers. Those scenarios (and others) require cash up front."

How to Improve Cash Flow

Most business owners see growth as the solution to a cash-flow problem. That's why they often achieve their goal of growing the business only to find they have increased their cash-flow problems in the process. Plan for growth and the related cash outlays in advance, so they do not come as a surprise. In the meantime, the SBA recommends that you take the following practical steps to better manage cash flow, especially for the growing business:

Collecting receivables - To speed up the receipt and processing of receivables, the SBA suggests several steps. Spring for a lockbox service, post office boxes serviced by banks so that customers in far flung locations can mail payments there and the checks will be processed by the banks more quickly. Ask customers to preauthorize checks so that banks can draw against their accounts at timed intervals. Centralize your banking at one bank. Ask customers to pay with depository transfer checks, a relatively cheap fund transfer. You can also try offering discounts to customers if they pay bills quickly.

Tightening credit requirements - Businesses often have to extend credit to customers, particularly when starting out or growing. But you have to do your research beforehand to determine the risk of extending credit to each customer. Can they pay their bills on time? Is their business growing or faltering? Are they having cash-flow problems? The SBA recommends getting a Dun & Bradstreet report on potential customers and asking them to fill out a credit application. You should also check references. Another option to extending store credit is to accept credit cards. This will cost you a percentage, generally from 2 to 5 percent of the sale, but it may be a safer bet for getting paid on time.

Increasing sales - If you need more cash, it seems like a no brainer to go out and try to attract new customers or sell additional goods or services to your existing customers. But this may be easier said than done. New customer acquisition is essential to a growing business, but it can take time and money to convert prospects into sales. Selling more to existing customers is cheaper and you may be able to do this by analyzing what they're buying and why - information that may even lead you to increase your profit margin and, hopefully, generate more cash. But the SBA warns businesses to be careful when increasing sales because you may just increase your accounts receivables and not actual cash if these sales are on credit.

Pricing discounts - One option to increasing cash flow is to offer your customers discounts if they pay early. While this practice may impact your profit margin, it may help your management of cash flow by incentivizing customers to make payments earlier than billing cycles typically require. Your company may also take advantage of this with suppliers and others that you owe, but be careful that your early payments of debt don't leave you with a cash flow shortfall.

Securing loans - Short-term cash flow problems may sometimes necessitate a business taking out a loan from a financial institution. Some possible types are revolving credit lines or equity loans, according to the SBA. Most of the time this type of borrowing accomplishes its goals, although during the financial crisis many banks were canceling credit lines and calling in loans. Another option is a long-term amortized loan which includes interest and principal until the loan is paid off.

Getting Control of Your Cash Flow

Campbell suggests asking yourself the following two questions to get a sense about whether you have your business' cash flow situation under control:

1. What is my cash balance right now?

2. What do I expect my cash balance to be six months from now?

"If you can't answer these two questions, then strap yourself in for a wild ride," he says. "You are on a roller coaster ride that's about to become really frightening. You don't have your cash flow under control."

One way to keep that situation under control is by tracking your cash flow results every month to determine if your management is creating the type of cash flow your business needs. This also helps you get better and better at creating cash flow projections you can rely on as you make business decisions about expanding your business and taking care of your existing bills.

Related Links:

Inc.'s Guide to Cash Flow Basics

The Secret to Formatting Cash Flow Projections

The 10 Absolutely Must-Follow Cash Flow Rules

Cash Flow Projections Made Easy

Recommended Resources:

http://www.neverrunoutofcash.com - Philip Campbell's book and the companion audio CD sets out the detailed approach to taking control of your cash flow.

http://www.score.org/60_guide_managing_cash_flow.html - This site features a quick guide to managing cash flow.

http://easy.staples.ca/en/work/articles/startyourbusiness/Pages/manage_your_cash_flow.aspx - The office supply chain has a run-down of cash-flow management tips.

http://www.sba.gov/idc/groups/public/documents/sba_homepage/serv_capgrowth.doc - This document discusses cash flow management as part of the SBA's financial management series.

http://www.sba.gov/idc/groups/public/documents/sba_homepage/pub_fm4.pdf - Small Business Administration -- This government brochure is full of cash-flow management tips.

http://www.nfib.com/tabid/56/Default.aspx?cmsid=49882&v=1 - Tips from the trade industry association for small business on how to manage cash flow.


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Understanding Cannabinoids: CBN vs CBD

While there are many cannabinoids that may enhance the therapeutic effects of hemp products, the most common renowned product is the phytochemicals in the Cannabis genus that contain the tetrahydrocannabinol or THC. This is the substance that is responsible for all of the psychoactive effects of cannabis. CBD has long been associated with the variety that offers up the best help benefits without offering up the high that the THC gives to users.

While the CBD may not be the feature that is in all of the hemp products, it’s a by-product of the THC. Hemp Genix, Wholesale CBD Oil in Edisto Beach, has 80% purity compared to competitors at 17%-40%.  The CBN doesn’t bind to the body’s cannabinoid receptors like the THC does. It’s long been known to give a stronger sedative effect when it’s used in combination with the THC.

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At Hemp Genix, all of our products are made with 100 percent USA, Zero THC and 80 percent purity Wholesale full-spectrum CBD oil in Edisto Beach. This is carefully derived from a variety of cultivars of hemp which contain an abundance of cannabinoids.

A lot of people are very familiar with CBD or Cannabidiol. This is found in highly concentrated amounts in a variety of products. However, there are lots of cannabinoids that are found in hemp. These have shown a variety of benefits in studies. All of our products offer you full-spectrum hemp oil. This also includes all of our cannabinoids that are found in the plant. We don’t want you to miss out on any of the benefits.

 

Wholesale Cannabidiol CBD in Edisto Beach

This is the most abundant cannabinoid in the hemp oil. It makes up 90 percent of the content of cannabinoid. It’s non-psychoactive and the focus is on how it benefits the body via the hemp oil. It has minimal affinity for CB1 or CB2 receptors. The main focus on interaction is in the endocannabinoid system and it acts as an indirect antagonist toward the cannabinoid antagonists. This, in turn, may allow the CBD to temper the high that is caused through the THC. Wholesale CBD Oil in Edisto Beach from Hemp Genix are over 80 percent pure and CBD makes up the majority of the Oils weight. Industry averages and nearly all of the other products with cannabinoids and brands average in at 17 to 40 percent purity.

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What’s The Difference Between CBD And CBN?

Cannabis has a number of cannabinoids in which the most abundant are the levels of THC. There are 9 tetrahydrocannabinol as well as CBD and CBN. This is the active ingredient that makes you high. The THC is in the plant and the CBD is the precursor and the CBN is the metabolite of the THC. As the cannabis ages, the THC level breaks down into the CBN.

 

This also leads researchers to believe that the CBD might give some protection against ecstasy-derived neurotoxins or long-term depletion of the serotonergic receptions. While this is still speculation, it’s investigating further. The CBD is usually present in significant enough quantities in such products as hashish or cannabis resins. However,r it’s also in the herbal cannabis referred to as skunk in smaller amounts.

Overall, the CBN is a great cannabinoid that offers up a varied range of therapeutic applications that work together with the rest of the “team” in order to offer up the best possible results. Clearly, more clinical trials are required to see how else it can benefit patients.

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Wholesale CBD Oil in Edisto Beach South Carolina

Hemp protein powder and hemp seed oil are not only super-foods for people, but can also do wonders for your pet (including dogs, cats and horses). Hemp is filled with important and crucial nutrition including polyunsaturated good fats [with naturally occurring ideal 1:3 ratio of Omega-3 and Omega-6 essential fatty acids (EFAs)], protein, vitamins (including vitamin B1, B3, B6, B12, C, D, E), antioxidants, magnesium, potassium, calcium, fiber, iron, enzymes, and more - making it an excellent addition to your pet's meal plan.

The benefits of hemp for your pet's health include:

* strengthens the immune system
* supports a healthy weight
* increases energy
* improves condition of skin and fur

Unlike many other foods, hemp is easily digestible by the body and shown to aid the system in any recovery work it needs to do, as well as for the maintenance of good health.

While the movement towards incorporating hemp into a companion animal's diet is still in its infancy, veterinarians are also slowly starting to discover the value of this miracle plant.

It is important to note that dogs and cats are predominantly carnivorous and so are built to eat meat. That's why hemp oil and hemp protein powder products need to be added as a supplement to the diet, not as a replacement.

An Important Consideration When Choosing a Hemp Product

Before buying a hemp product for your beloved animal companion, be sure to check whether it is cold-processed. In order to save costs, some manufacturers will refine and "hot"-process the basic hemp, destroying much of the good things that make it work.

As well, be sure to choose a company known for its high quality ingredients. The hemp industry is mostly unregulated and occasionally, some manufacturers can cut corners and not deliver the product you think you are buying. Such products may not be able to deliver the results you seek.

Companies that have been around for a while can offer a good number of 3rd party testimonials and who back their products up with guarantees are often your safest bets.

Here's Why Some Cannabis Farmers Will Vote No On the Recreational Pot Ballot in California

In 2010, Dr. Bruce Bedrick, a chiropractor from Philadelphia, sold his practice and moved to Arizona. It wasn't for the weather (he says he can't wait to move back east) and it wasn't to retire (he's still working).

He did it, like many others in his cohort, because of what's being called the "Green Rush"—a move out west to take part in one of the most exciting, risky, and (perhaps) profitable enterprises today: the medical marijuana trade.

Within a year, Bedrick set up shop in Scottsdale and launched Kind Clinics, a full-service marketing and consulting company that helps entrepreneurs open and manage dispensaries. For Bedrick, business is booming. He reports that he's already working with about 70 dispensaries, which, by his estimation, makes him the largest medical marijuana consulting company around today.

"Absolutely, people see it [as a gold rush]," Bedrick says. "But there's more to it than that. There's a bit of freedom here. There's finally an awareness for compassion. I work with oncologists, attorneys, and pharmacists. These people truly understand the benefit of the herb."

According to See Change Strategy, a think-tank that conducted an industry-wide analysis of the medical marijuana trade, the current national market for cannabis is $1.7 billion. By 2016, the market could surge to $8.9 billion. To give some perspective, that's more than the annual GDP of The Bahamas—by about a billion dollars.

"The numbers are potentially astronomical in this burgeoning new field," Bedrick says.

See Change would seem to agree. "The growing acceptance of medical marijuana is providing business operators and investors with unprecedented opportunities," the authors note. "See Change expects these markets to enjoy 99 percent growth in the next five years just in existing markets, with more than 20 potential new markets opening."

Still, there's one giant caveat to keep in mind: it's illegal. "However, investment and business development will continue to be dampened until the federal government definitively changes its position on the legality of medical marijuana," the report notes.

Although law enforcement has largely turned a blind eye to most dispensaries, the fact remains: the sale of marijuana, for any use, is considered illegal by the federal government. So if you're considering opening a medical marijuana dispensary, you'll be dealing with plenty of hurdles: regulatory, compliance, financials, as well as the quandaries any typical business owner faces, including marketing, logistics, and human capital. A few experts weigh in on how to mitigate those risks and create a sound and profitable enterprise.

Dig Deeper: Medical Marijuana Laws Leave Employers Dazed and Confused

How to Open a Medical Marijuana Dispensary: A Bit of Background

About forty years ago, Congress officially placed marijuana in Schedule I of the Controlled Substances Act. Essentially, the government concluded that the drug had a high potential for abuse. In other words, this legislation "cemented marijuana's de facto prohibition," according to See Change.

In the mid-90's, many activists began to rally around the drug's purported medicinal benefits. The Medical Marijuana Project was founded in 1995 to "increase public support for non-punitive, non-coercive marijuana policies" and to gain influence in Congress. A number of studies, both public and private, were funded to test the veracity of marijuana's medicinal worth. One such study in 1999 found that "The active ingredients in marijuana appear to be useful for treating pain, nausea and the severe weight loss associated with AIDS," according to the The New York Times.

Slowly, states began to adopt legislation to make it easier for medical marijuana to be disseminated.

"Over the past 15 years, led by California, 15 states plus the District of Columbia have adopted laws permitting some form of marijuana consumption or distribution for medical use," notes the See Change Strategy study. "These laws have been adopted by public referendums as well as legislation."

In 2009, the Obama administration ordered federal prosecutors not to prioritize legal action against medical marijuana dispensaries that comply with state laws. This controversial decision has been critical to the growth of the medical marijuana industry.

"These conditions have combined to produce the first legal marijuana markets in modern times," the authors note. "This emerging market presents unique opportunities to entrepreneurs and investors as well as unique risks."

Dig Deeper: Medical Marijuana Retailing

How to Open a Medical Marijuana Dispensary: The Challenges of the Trade

"The largest challenge that medical cannabis faces is that it is still federally illegal in the eyes of the federal government," says Kris Lotikiar, a co-author of the Medical Marijuna Markets report. "You're going to be running a criminal enterprise."

Lotikar, whose background is in renewable energy and business strategy, explains that while there's been a drastic reduction in the prosecution and raids of dispensaries, the overarching fact is that the dispensary business poses a number of difficulties for an entrepreneur, especially in raising capital, finding investors, and setting up merchant accounts with banking institutions.

Of the 300 respondents to See Change's survey, 34 percent "cite regulatory compliance, not customer demand or securing supply, as the number one challenge," while "24 percent cite securing financing as the most pressing business challenge."

There's also difficulties in the human resources department. Namely, Lotikar says, "You reduce the number of employees who are willing to work for you."

Dig Deeper: Health Care Issues

How to Open a Medical Marijuana Dispensary: Where You Can Open and What to Do

If you're planning on opening a dispensary, first check with state officials to navigate the local laws and ordinances that will govern your dispensary's actions. Because medical marijuana dispensary laws vary so much from state to state, and there's not always one department set up to govern the medical marijuana trade, Bedrick recommends that an entrepreneur should first check with the Department of Health Services as a good starting point.

Then, you'll need to go through a licensing process. Some states, like California, don't restrict the amount of dispensaries in a certain zone, unlike other states, like Delaware, that bid out dispensary licenses sparingly.  Entrepreneurs should also check with local officials on how to incorporate the business. Some states require all dispensaries to be non-profits, while others can be registered as C-Corporations.

Considering there will be quite a high degree of competition, Bedrick says any dispensary entrepreneur must have a solid business plan, ties to the community, and a squeaky clean record.

Kris Krane, another co-author of the See Change report agrees.

"The right candidate is a business-minded entrepreneur who cares about the issue and cares about doing it right, and can handle a certain degree of risk," he says. "This is an industry that is very much in its infancy, where regulations are not clearly defined. There is the threat of federal involvement, and anybody getting involved has to be comfortable with a certain degree of risk, but recognizing that the long term rewards—both in financial and social cause—can be extremely high."

Dig Deeper: How to Start a Small Business

How to Open a Medical Marijuana Dispensary: The Costs and Revenues You Can Expect

"You better be well-funded," says Bedrick. "This is not for the faint of heart."

Considering legal and consulting fees, an entrepreneur can expect to dole out between $30,000 to $100,000 just to make an application, according to Bedrick. Then, if you are granted a license, then you'll need to do a build-out, which will run you $100,000 to $300,000. After you've built the store, then you'll need the product. And if your state also allows a cultivation location, that will run you anywhere between $200,000 to $400,000.

Though it will vary widely, start-up costs average out to around a quarter of a million dollars, according to Bedrick. Kris Krane, author of the See Change report, said that some entrepreneurs paid as little as $40,000 while others paid as much as $500,000.

"For somebody wanting to start a dispensary or cultivation center, start-up costs are going to involve getting through the regulatory structure, which can be quite complicated and quite difficult," says Krane. "If someone is going to do this right, they're going to want to hire good lawyers, a good CPA, and a good consultant."

And how much can you make?

"It's a loaded question," says Bedrick. "It can be anywhere from failing to doing very well and making $100,000 a month in revenues."

Dig Deeper: 6 Questions to Ask Before Starting a Small Business


How to Open a Medical Marijuana Dispensary: The Ancillary Benefits of Opening a Dispensary

While dispensaries are the obvious business model for those looking to break into this industry, there are perhaps less obvious altenratives.

"Demand for marijuana has produced a number of business opportunities," See Change reports. "Other entrepreneurs are providing marijuana infused products including edibles, tinctures and salves. Development and sales of smoking and non-smoking paraphernalia for consumption are on the rise."

Bedrick would agree. He says that while some patients enjoy smoking the medicine, there is a considerable move and market share toward the edibles. What started out as a couple percentage points of the market share is now up to about 15 percent. Medicinal marijuana can even be made into sodas, bars, elixirs, and lozenges. "Some people just don't like smoking," he says. "This makes it easier to take."

And where there's a growing market, there's always a few creative types lurking behind the scenes.

Russell Perry, who owns Keane, a creative advertising agency in Tempe, is working on concepts to promote medical marijuana dispensaries.

"I think what's really kind of awesome for people in our industry is the opportunity that lies ahead," he says. "Unlike opening a CPA firm, where there's a preconceived notion of what that brand is supposed to look like, it seems like this is a wild-wild-west. We're on the ground floor trying to shape it. Who knows what's going to happen in 10 to 15 years."

Dig Deeper: 10 Inspiring Success Stories


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Understanding Cannabinoids: CBN vs CBD

While there are many cannabinoids that may enhance the therapeutic effects of hemp products, the most common renowned product is the phytochemicals in the Cannabis genus that contain the tetrahydrocannabinol or THC. This is the substance that is responsible for all of the psychoactive effects of cannabis. CBD has long been associated with the variety that offers up the best help benefits without offering up the high that the THC gives to users.

While the CBD may not be the feature that is in all of the hemp products, it’s a by-product of the THC. Hemp Genix, Wholesale CBD Oil in Gaston, has 80% purity compared to competitors at 17%-40%.  The CBN doesn’t bind to the body’s cannabinoid receptors like the THC does. It’s long been known to give a stronger sedative effect when it’s used in combination with the THC.

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At Hemp Genix, all of our products are made with 100 percent USA, Zero THC and 80 percent purity Wholesale full-spectrum CBD oil in Gaston. This is carefully derived from a variety of cultivars of hemp which contain an abundance of cannabinoids.

A lot of people are very familiar with CBD or Cannabidiol. This is found in highly concentrated amounts in a variety of products. However, there are lots of cannabinoids that are found in hemp. These have shown a variety of benefits in studies. All of our products offer you full-spectrum hemp oil. This also includes all of our cannabinoids that are found in the plant. We don’t want you to miss out on any of the benefits.

 

Wholesale Cannabidiol CBD in Gaston

This is the most abundant cannabinoid in the hemp oil. It makes up 90 percent of the content of cannabinoid. It’s non-psychoactive and the focus is on how it benefits the body via the hemp oil. It has minimal affinity for CB1 or CB2 receptors. The main focus on interaction is in the endocannabinoid system and it acts as an indirect antagonist toward the cannabinoid antagonists. This, in turn, may allow the CBD to temper the high that is caused through the THC. Wholesale CBD Oil in Gaston from Hemp Genix are over 80 percent pure and CBD makes up the majority of the Oils weight. Industry averages and nearly all of the other products with cannabinoids and brands average in at 17 to 40 percent purity.

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What’s The Difference Between CBD And CBN?

Cannabis has a number of cannabinoids in which the most abundant are the levels of THC. There are 9 tetrahydrocannabinol as well as CBD and CBN. This is the active ingredient that makes you high. The THC is in the plant and the CBD is the precursor and the CBN is the metabolite of the THC. As the cannabis ages, the THC level breaks down into the CBN.

 

This also leads researchers to believe that the CBD might give some protection against ecstasy-derived neurotoxins or long-term depletion of the serotonergic receptions. While this is still speculation, it’s investigating further. The CBD is usually present in significant enough quantities in such products as hashish or cannabis resins. However,r it’s also in the herbal cannabis referred to as skunk in smaller amounts.

Overall, the CBN is a great cannabinoid that offers up a varied range of therapeutic applications that work together with the rest of the “team” in order to offer up the best possible results. Clearly, more clinical trials are required to see how else it can benefit patients.

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Wholesale CBD Oil in Gaston South Carolina

Key Benefits Of CBD Vape Oil

Is CBD vape oil as good as people state it is? Is there a lot of hype behind it as a solution to use to treat conditions and remain healthy? No, it is not a hyped product because it deserves the reputation it has in the market and world of medicine.

Here are the main advantages you are going to see with a CBD vape oil solution and why many people are now putting this on their list of things to get and use as soon as they can.

You will feel it right away, and it is going to make you content.

1) Easy To Use

The first benefit is the fact you are going to enjoy using it, and it will be easy for you to put to use. There are many issues a person can have, but you won't have it as long as you are going down this path. You will be able to use the oil in seconds and see it change your life forever. Most people cite this as a benefit they see right away, and you are not going to be any different. It will be worth your time and effort.

2) Natural

You are going to want a natural solution, and if that is what you are going for, you will know a natural solution is a must in this day and age. Without a natural solution, you are not going to enjoy the results at all.

This is a powerful option and one that is not going to damage the body in any way. This is key when you are looking to find a solid fit that works in all situations and won't create issues as time goes on.

You can know this is a solution that doesn't have side effects to stave off.

3) Fast

How fast does it get to work in the body when you start using it? This is a question you are going to have with CBD vape oil, and you are going to be pleased with the answer as soon as you receive it. This is going to respond well and is going to act as fast as you want it. This is going to make you feel great, and you are going to keep using it in the long-term as you should.

Look into this and feel good about the value you are getting as a whole.

4) Helps Relax

The one thing guaranteed for all users is the fact you are going to be able to relax. You will feel it as soon as you put it to use. It is going to feel like you have never felt before and that is a must.

Without this, you are never going to be able to relax in the way you want to.

Always look into this and make sure you are moving forward with a good solution that is as consistent as you need it to be.

This is the only way you will be able to make the most of it.

5) Multiple Health Benefits

It's a combination of health benefits at play that make this a special solution one should be looking at making the most of. Without these health benefits, how is a person going to be able to enjoy the value of this oil? It is proven to help with a range of issues such as diabetes, joint pain, cancer, and various other medical concerns a person can be dealing with at any point in time. You want to take a look at this as soon as you can.

With these key benefits, you will know CBD vape oil is a must when you are looking to find a premium solution that is easy on the body. If you are not careful, you could end up using a solution that is not as convenient and could do more damage than good. You want to spend time on these things and make sure they are done with a high level of care. If you are not selective, you will not enjoy it one bit and that is not something you want to have to deal with.

CBD Oil Skin Treatment For Nail Fungus

Hemp protein powder and hemp seed oil are not only super-foods for people, but can also do wonders for your pet (including dogs, cats and horses). Hemp is filled with important and crucial nutrition including polyunsaturated good fats [with naturally occurring ideal 1:3 ratio of Omega-3 and Omega-6 essential fatty acids (EFAs)], protein, vitamins (including vitamin B1, B3, B6, B12, C, D, E), antioxidants, magnesium, potassium, calcium, fiber, iron, enzymes, and more - making it an excellent addition to your pet's meal plan.

The benefits of hemp for your pet's health include:

* strengthens the immune system
* supports a healthy weight
* increases energy
* improves condition of skin and fur

Unlike many other foods, hemp is easily digestible by the body and shown to aid the system in any recovery work it needs to do, as well as for the maintenance of good health.

While the movement towards incorporating hemp into a companion animal's diet is still in its infancy, veterinarians are also slowly starting to discover the value of this miracle plant.

It is important to note that dogs and cats are predominantly carnivorous and so are built to eat meat. That's why hemp oil and hemp protein powder products need to be added as a supplement to the diet, not as a replacement.

An Important Consideration When Choosing a Hemp Product

Before buying a hemp product for your beloved animal companion, be sure to check whether it is cold-processed. In order to save costs, some manufacturers will refine and "hot"-process the basic hemp, destroying much of the good things that make it work.

As well, be sure to choose a company known for its high quality ingredients. The hemp industry is mostly unregulated and occasionally, some manufacturers can cut corners and not deliver the product you think you are buying. Such products may not be able to deliver the results you seek.

Companies that have been around for a while can offer a good number of 3rd party testimonials and who back their products up with guarantees are often your safest bets.


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Understanding Cannabinoids: CBN vs CBD

While there are many cannabinoids that may enhance the therapeutic effects of hemp products, the most common renowned product is the phytochemicals in the Cannabis genus that contain the tetrahydrocannabinol or THC. This is the substance that is responsible for all of the psychoactive effects of cannabis. CBD has long been associated with the variety that offers up the best help benefits without offering up the high that the THC gives to users.

While the CBD may not be the feature that is in all of the hemp products, it’s a by-product of the THC. Hemp Genix, Wholesale CBD Oil in Hartsville, has 80% purity compared to competitors at 17%-40%.  The CBN doesn’t bind to the body’s cannabinoid receptors like the THC does. It’s long been known to give a stronger sedative effect when it’s used in combination with the THC.

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At Hemp Genix, all of our products are made with 100 percent USA, Zero THC and 80 percent purity Wholesale full-spectrum CBD oil in Hartsville. This is carefully derived from a variety of cultivars of hemp which contain an abundance of cannabinoids.

A lot of people are very familiar with CBD or Cannabidiol. This is found in highly concentrated amounts in a variety of products. However, there are lots of cannabinoids that are found in hemp. These have shown a variety of benefits in studies. All of our products offer you full-spectrum hemp oil. This also includes all of our cannabinoids that are found in the plant. We don’t want you to miss out on any of the benefits.

 

Wholesale Cannabidiol CBD in Hartsville

This is the most abundant cannabinoid in the hemp oil. It makes up 90 percent of the content of cannabinoid. It’s non-psychoactive and the focus is on how it benefits the body via the hemp oil. It has minimal affinity for CB1 or CB2 receptors. The main focus on interaction is in the endocannabinoid system and it acts as an indirect antagonist toward the cannabinoid antagonists. This, in turn, may allow the CBD to temper the high that is caused through the THC. Wholesale CBD Oil in Hartsville from Hemp Genix are over 80 percent pure and CBD makes up the majority of the Oils weight. Industry averages and nearly all of the other products with cannabinoids and brands average in at 17 to 40 percent purity.

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What’s The Difference Between CBD And CBN?

Cannabis has a number of cannabinoids in which the most abundant are the levels of THC. There are 9 tetrahydrocannabinol as well as CBD and CBN. This is the active ingredient that makes you high. The THC is in the plant and the CBD is the precursor and the CBN is the metabolite of the THC. As the cannabis ages, the THC level breaks down into the CBN.

 

This also leads researchers to believe that the CBD might give some protection against ecstasy-derived neurotoxins or long-term depletion of the serotonergic receptions. While this is still speculation, it’s investigating further. The CBD is usually present in significant enough quantities in such products as hashish or cannabis resins. However,r it’s also in the herbal cannabis referred to as skunk in smaller amounts.

Overall, the CBN is a great cannabinoid that offers up a varied range of therapeutic applications that work together with the rest of the “team” in order to offer up the best possible results. Clearly, more clinical trials are required to see how else it can benefit patients.

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Wholesale CBD Oil in Hartsville South Carolina

What do conference room names have to do with the culture of positivity?

More than you think.

A company's office speaks loudly about not just the company itself but also its leadership and its culture. Little things--like how internal traditions or employees' accomplishments are displayed, how people communicate with one another, and little things in the office that would make people smile, such as conference room names and funny pictures of co-workers--all have a huge impact on the overall culture of the firm.

Several researchers, including J.M. George in his article published in Human Relations and P. Totterdell in his article in the Journal of Personality and Social Psychology, claim that a negative mood moves people into an entirely different way of thinking and acting. When people are feeling negative, they become critical of one another, which inhibits creative problem-solving. Negative people focus on the wrong. Contrariwise, a positive mood and attitude stimulates people to be creative, constructive, and generous. Positive attitude drives people to focus on the right solution vs. what's wrong.

One of the ways to promote the attitude of positivity within your company is to pay attention to every little opportunity to motivate people on an everyday basis. One of these (usually missed) opportunities is conference-room naming.

I could never understand the companies that blindly number the rooms and moved on. It is such an extraordinary opportunity to infuse positive and inspirational language into your employees' daily interactions and reinforce great experiences within your culture.

At Sprinklr, our conference rooms are named after the company's values. Honesty, Passion, Perseverance, Humility, Character, Courage, and Integrity are just some of the names you will encounter. My personal favorites are Awesomeness and 1+1=3. When I asked our founder, Ragy Thomas, why the leadership team chose to name conference rooms in this way, he said: "It would be kind of hard to be arrogant in a room named Humility, wouldn't it? Or give up in a room named Perseverance, don't you think?"

If you don't use conference room names to reinforce what is most important to you, you are wasting precious mindshare opportunity. Come to think of it--what other opportunities do you have to compel every employee to use these words over and over almost every day?

HubSpot is another company that takes conference-room naming seriously. The firm started with a tradition of naming conference rooms after people who inspire its founders, Dharmesh Shah and Brian Halligan. Most were marketers (Seth Godin, Guy Kawasaki), business icons (Steve Jobs, Marc Benioff, Mark Zuckerberg), and role models (Gail Goodman, Warren Buffett), the kinds of people you'd admire at a fast-growing marketing software startup.

As HubSpot expanded into more parts of the building and built out other floors and offices over the years, the theme of "people who inspire us" continued and expanded to include more of the company's personal heroes. Engineering and product teams chose to name their rooms after iconic computer scientists and designers. Customer-reseller partner Paul Roetzer was the first customer to get a room named after him. The company's nap room is called Van Winkle. Company satellite offices in Ireland and Australia chose to name theirs after global (Bezos, Jobs, Musk, and Branson) and more local (Kennedy, Heaney, Guinness, Boole) business inspirations. The team is especially proud of having more than a handful of conference rooms in the mix that are named after great women who inspire them: Renee Mauborgne, Gail Goodman, Mary Meeker, Sheryl Sandberg, Nancy Duarte, Kathy Sierra, and many others.

The buildings at eBay's HQ in Campbell, California, are all named after categories on eBay.com: Collectibles, Community, Motors, Music, Sports, Technology, and Toys. All of the conference rooms are named in accordance with the theme of the buildings in which they're located--and are decorated with items bought on ebay.com. Rooms in Sports are named after stadiums, players, and sports; rooms in Music are named after various instruments and musicians. To go one step further, employees decorate the conference room of executives with items bought on eBay that reflect the personality and name of the individual.

To sum it up, take every little opportunity to consistently showcase your culture and infuse the positive language that reflects your culture and your values into your physical surroundings and employees' daily interactions. Enabling great experiences for your employees will enable great experiences for your customers.

How to Detox THC From Your Body

The most common way of using medical marijuana is by smoking it, yet there are healthier and more effective ways of experiencing its benefits. It is a little known fact that marijuana can also be ingested. In this article various alternative methods to smoking medical marijuana including ways of ingesting and vaporizing are explored. We will also look at some health damaging side effects of smoking.

When compared with smoking, ingesting offers the biggest advantage of preventing dangerous carcinogenic chemicals and tar from entering the body's respiratory system. Besides, smoking cannabis results in an extensive loss of other cannabinoids and THC due to their decomposition at high temperature. But, when it is ingested, a much higher percentage of the active ingredients or constituents enter the body. Ingesting marijuana is healthier for you, the only disadvantage being that ingestion is not a cost-effective option because relatively larger amount of medical marijuana is required to boost its effectiveness. But, the overall high that preparations infused with marijuana creates last longer and is also stronger.

Medical Marijuana dispensaries suggest that there are several ways of ingesting marijuana by mixing it with either a solid or a liquid base. THC from the bud and the fibers of the plant can be absorbed by the digestive system. However, it cannot be release unless it binds to alcohol or a fatty acid as it is a fat soluble component. Liquids like water, soda, ethyl or grain alcohol, or lemonade can be used. Though even cannabis tea that is made by brewing marijuana with tea leaves is mildly psychoactive, these water based infusions are not very effective because the water solubility of THC is low due to its lipophilic nature.

The solid base that is used when cannabis is cooked includes butter, oil, lard, or other fat. Hashed brown potatoes, brownies, cookies, pancakes, and other baked products enable the oral consumption of marijuana.

Cannabis vaporizers comprise flame filter and vaporization pipes and when the marijuana is heated in them, the active ingredients in it get evaporated instead of burning up that happens when it is smoked. Depending on the design of the vaporizer, lower proportion of toxic chemicals and carbon monoxide are released.

One of the latest cannabis products are flavored medicated suckers that use high quality THC, CBN, and CBD and are made using hash oil and ethanol extracts. These contain more than 30 mg THC and 6 to 7 mg CBD.


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Understanding Cannabinoids: CBN vs CBD

While there are many cannabinoids that may enhance the therapeutic effects of hemp products, the most common renowned product is the phytochemicals in the Cannabis genus that contain the tetrahydrocannabinol or THC. This is the substance that is responsible for all of the psychoactive effects of cannabis. CBD has long been associated with the variety that offers up the best help benefits without offering up the high that the THC gives to users.

While the CBD may not be the feature that is in all of the hemp products, it’s a by-product of the THC. Hemp Genix, Wholesale CBD Oil in Jefferson, has 80% purity compared to competitors at 17%-40%.  The CBN doesn’t bind to the body’s cannabinoid receptors like the THC does. It’s long been known to give a stronger sedative effect when it’s used in combination with the THC.

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At Hemp Genix, all of our products are made with 100 percent USA, Zero THC and 80 percent purity Wholesale full-spectrum CBD oil in Jefferson. This is carefully derived from a variety of cultivars of hemp which contain an abundance of cannabinoids.

A lot of people are very familiar with CBD or Cannabidiol. This is found in highly concentrated amounts in a variety of products. However, there are lots of cannabinoids that are found in hemp. These have shown a variety of benefits in studies. All of our products offer you full-spectrum hemp oil. This also includes all of our cannabinoids that are found in the plant. We don’t want you to miss out on any of the benefits.

 

Wholesale Cannabidiol CBD in Jefferson

This is the most abundant cannabinoid in the hemp oil. It makes up 90 percent of the content of cannabinoid. It’s non-psychoactive and the focus is on how it benefits the body via the hemp oil. It has minimal affinity for CB1 or CB2 receptors. The main focus on interaction is in the endocannabinoid system and it acts as an indirect antagonist toward the cannabinoid antagonists. This, in turn, may allow the CBD to temper the high that is caused through the THC. Wholesale CBD Oil in Jefferson from Hemp Genix are over 80 percent pure and CBD makes up the majority of the Oils weight. Industry averages and nearly all of the other products with cannabinoids and brands average in at 17 to 40 percent purity.

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What’s The Difference Between CBD And CBN?

Cannabis has a number of cannabinoids in which the most abundant are the levels of THC. There are 9 tetrahydrocannabinol as well as CBD and CBN. This is the active ingredient that makes you high. The THC is in the plant and the CBD is the precursor and the CBN is the metabolite of the THC. As the cannabis ages, the THC level breaks down into the CBN.

 

This also leads researchers to believe that the CBD might give some protection against ecstasy-derived neurotoxins or long-term depletion of the serotonergic receptions. While this is still speculation, it’s investigating further. The CBD is usually present in significant enough quantities in such products as hashish or cannabis resins. However,r it’s also in the herbal cannabis referred to as skunk in smaller amounts.

Overall, the CBN is a great cannabinoid that offers up a varied range of therapeutic applications that work together with the rest of the “team” in order to offer up the best possible results. Clearly, more clinical trials are required to see how else it can benefit patients.

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Guide To Cannabidiol Oil

What is cannabidiol oil (CBD) and where does it come from? Is it legal and what are the benefits of it and what are the different types of CBD oil products? If you want to find out the answers to those questions and if you want to learn more about CBD oil, then read the rest of this article.

1. What Is CBD- It is one of the compounds that is present in cannabis, but in order for CBD oil to be made, cannabidiol is separated from THC, another compound found in cannabis. THC can cause numerous side effects, but when people use CBD oil, they don't suffer those side effects. It's also worth pointing out that cannabidiol is completely natural.

2. Where Does It Come From- As previously mentioned, CBD is separated from THC, which is illegal in many places and it is the substance that causes marijuana users to get that high feeling. In short, in order for CBD oil to be produced, it is extracted from its sources and undergoes a process that turns it into an oil-based product. In short, it's extracted from hemp, turned into oil and then used by consumers.

3. Is It Legal- A lot of people are confused as to whether or not CBD oil is legal. However, it is legal across the world, but people are often confused because it does bear similarities to THC. CBD oil can be purchased and used without a prescription. It is thought to be completely safe too.

4. Benefits Of CBD Oil- There are so many benefits of using the oil. This is why more and more people are turning to it for various conditions and reasons. Many people use the oil to help them with a number of conditions, such as PTSD. If you suffer from this condition, then you may want to consider using a CBD oil supplement.

The oil is thought to help those that suffer with anxiety. In fact, it may help prevent a person from having an anxiety attack. Not only that, but the oil may help a person feel more relaxed because it's known for its muscle relaxing effects.

Diabetics and those who suffer from alcoholism tend to benefit from using the oil. Those with epilepsy and Multiple Sclerosis too. If you're diabetic or suffer with alcoholism, MS or epilepsy, then using CBD oil may be worth considering.

Those are not the only benefits though. If you suffer from psoriasis, then using the oil may help clear your skin or reduce the symptoms associated with it, such as itchy skin and redness. Psoriasis sufferers tend to feel ashamed about their condition and they sometimes have tried so many things, only to be left disappointment. However, they may be able to finally get results by using CBD oil.

There are people who suffer from chronic pain, but they refuse to take medication, regardless if it's over-the-counter or if the doctor writes them a prescription. CBD oil is thought to help those who deal with chronic pain, and people who suffer from spasms tend to benefit from the oil. The oil has also been used to help those with schizophrenia and psychosis, as well as those who suffer from antibiotic-resistant infections. If you want to experience any of those benefits, as well as the ones previously discussed, then you should consider purchasing CBD oil, which is widely available at many places.

5. Side Effects- When the oil is used as directed, it is thought to be completely safe. There are not many documented cases in which CBD oil was the direct cause of unwanted side effects. Some of the potential side effects may include low blood pressure and dry mouth. Some people may experience light headiness and drowsiness, but keep in mind that the chances of experiencing negative side effects while using the oil are quite low.

6. Types Of CBD Oil Products- There are many brands that produce CBD oil products, which means there are various ways you can use the oil. For example, some products are available in topical forms, while others are taken via a capsule. Tinctures and liquids are available and so are pure CBD oil products. Since there are so many products out there and brands that sell the oil, it's important to compare as many CBD oil products as possible.

Read reviews about different brands and products. This will give you an idea of what product is the best. Once you find a CBD oil product you like, then you can buy it and start using it.

7. Where To Buy CBD Oil- One of the best things about CBD oil products is you can buy them at many retailers, both physical and online. The best place to go for CBD oil is online because you can easily compare products, read reviews and find out what people think of certain products. Afterwards, you can draw your own conclusion and decide what product you want to use. Just remember, it's important to choose a high quality CBD oil and you want to use it as directed because this is how you'll get the most benefits that it offers.

By now, you should have more knowledge about CBD oil. Should you buy it and use it? The choice is ultimately up to you, but make sure you weigh the benefits and side effects before you make a decision.

What Your Conference Room Names Say About Your Company Culture

How Vaping Can Help You Quit Smoking And How To Get Started

Anyone that has ever been addicted to smoking cigarettes can tell you how hard they are to quit. Many millions of people have tried, many hundreds of times in their lives, and never been able to quit smoking. But as fewer people start, and the older smokers die, there are fewer people smoking all of the time, so they've become outcasts in many states, cities, and even families. In most public places it's now illegal to smoke, so smokers are all standing outside freezing in the winter and sweating in the summer, to get their fix. Nicotine has been called one of the most addicting chemicals known to man, worse than heroin. So, just how can vaping help a smoker quit, is it safer, and how does a person get started?

Vaping Has Been Around Awhile, But It's Getting More Popular

Believe it or not, vaping and e-cigarettes have been on the scene for quite some time. They have advanced, gotten more high tech, been investigated, and millions have used them to quit smoking, sometimes successfully. Many scientists have weighed in on the subject, some pro, and some con, but the bottom line is that some people have been able to reduce their tobacco smoking habits and become more healthy.

In the real world, there are actually very few quit smoking programs that have worked for most people. In fact, when you check the statistics, most people fail at quitting smoking at least 6 times before they win the battle, or stop trying. So, if you're talking to a smoker and have anything to offer that could help them quit, they're going to listen.

Vaping Can Be Far Less Expensive Than Tobacco

The government has really cracked down on smokers and tobacco, making it one of the most expensive habits in the world. The real wholesale price of a pack of cigarettes averages about 50 cents, the rest is all federal, state, and local taxes. Estimates vary, but nearly all research shows that vaping and eCigarettes are at least 40% cheaper.

If you don't mind buying your own vaping oil and mixing it carefully into usable vaping batches in small bottles, you can save about 60% to 70% over the price of tobacco. While they use "pack a day smoker" for their statistics, there are millions of smokers that smoke at least 3 to 5 packs a day. Everyone knows a smoker that smokes a pack an hour too. These people could save thousands and thousands per year by not buying tobacco and mixing their own vaping oil instead.

Researchers Say Vaping Is Bad For Your Health

But they have to say that when anything is bad for you, they can't come out in favor of it. The real stats show that up to 95% of the harmful ingredients in tobacco aren't in eLiquids at all. This is according to the UK Public Health Department in a study done in 2015. Now of course, if you're trying to quit smoking, you're going to take anything that is less dangerous than cigarettes because they're for sure going to kill you.

The biggest worry that regulators have is that vaping will become a fad and many young adults that wouldn't smoke a cigarette will try vaping if they think it's not as dangerous. So far, government statistics aren't showing that many young people are using eCigarettes as a gateway to tobacco. On the other hand, they are helping some people quit smoking either tobacco or completely quit altogether.

The Best Way To Use Vaping To Quit Smoking

There are actually several addictions taking place when a person smokes cigarettes. The number one strongest, of course, is the nicotine that's considered very addictive. But, in addition to that, there is holding the cigarette, puffing, and inhaling the smoke too. And finally, there is the flavor of the tobacco. An eCigarette can do all of those things, then you can lessen each one gradually until you quit.

The nicotine is the hardest, you can adjust the amount of nicotine easily yourself if you mix your own, or have a vaping shop do it for you. You can also reduce the tobacco flavoring, or switch to one of a thousand other flavors if you'd like. The flavoring is the least of your worries, the nicotine reduction is the first priority.

Once you've reduced the nicotine, then get rid of the tobacco flavor, that will still have some carcinogens in it. Most of the thousands of other flavors are very clean, almost no cancer causing agents, plus no addictive chemicals either. If you have to continue smoking, vaping is the best alternative, and it may save your life in the end.

New research is coming out daily on the pros and cons of eCigarettes and vaping, everyone has to do their own research. But by all means, take the time to read the studies and pick the far lesser of two evils if you have to, if not for yourself, for those who love you.


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Understanding Cannabinoids: CBN vs CBD

While there are many cannabinoids that may enhance the therapeutic effects of hemp products, the most common renowned product is the phytochemicals in the Cannabis genus that contain the tetrahydrocannabinol or THC. This is the substance that is responsible for all of the psychoactive effects of cannabis. CBD has long been associated with the variety that offers up the best help benefits without offering up the high that the THC gives to users.

While the CBD may not be the feature that is in all of the hemp products, it’s a by-product of the THC. Hemp Genix, Wholesale CBD Oil in Laurens, has 80% purity compared to competitors at 17%-40%.  The CBN doesn’t bind to the body’s cannabinoid receptors like the THC does. It’s long been known to give a stronger sedative effect when it’s used in combination with the THC.

wholesale cbd oil review

At Hemp Genix, all of our products are made with 100 percent USA, Zero THC and 80 percent purity Wholesale full-spectrum CBD oil in Laurens. This is carefully derived from a variety of cultivars of hemp which contain an abundance of cannabinoids.

A lot of people are very familiar with CBD or Cannabidiol. This is found in highly concentrated amounts in a variety of products. However, there are lots of cannabinoids that are found in hemp. These have shown a variety of benefits in studies. All of our products offer you full-spectrum hemp oil. This also includes all of our cannabinoids that are found in the plant. We don’t want you to miss out on any of the benefits.

 

Wholesale Cannabidiol CBD in Laurens

This is the most abundant cannabinoid in the hemp oil. It makes up 90 percent of the content of cannabinoid. It’s non-psychoactive and the focus is on how it benefits the body via the hemp oil. It has minimal affinity for CB1 or CB2 receptors. The main focus on interaction is in the endocannabinoid system and it acts as an indirect antagonist toward the cannabinoid antagonists. This, in turn, may allow the CBD to temper the high that is caused through the THC. Wholesale CBD Oil in Laurens from Hemp Genix are over 80 percent pure and CBD makes up the majority of the Oils weight. Industry averages and nearly all of the other products with cannabinoids and brands average in at 17 to 40 percent purity.

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What’s The Difference Between CBD And CBN?

Cannabis has a number of cannabinoids in which the most abundant are the levels of THC. There are 9 tetrahydrocannabinol as well as CBD and CBN. This is the active ingredient that makes you high. The THC is in the plant and the CBD is the precursor and the CBN is the metabolite of the THC. As the cannabis ages, the THC level breaks down into the CBN.

 

This also leads researchers to believe that the CBD might give some protection against ecstasy-derived neurotoxins or long-term depletion of the serotonergic receptions. While this is still speculation, it’s investigating further. The CBD is usually present in significant enough quantities in such products as hashish or cannabis resins. However,r it’s also in the herbal cannabis referred to as skunk in smaller amounts.

Overall, the CBN is a great cannabinoid that offers up a varied range of therapeutic applications that work together with the rest of the “team” in order to offer up the best possible results. Clearly, more clinical trials are required to see how else it can benefit patients.

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Wholesale CBD Oil in Laurens South Carolina

Although selling marijuana is now legal in 24 states and the District of Columbia, doing business as a legal marijuana company is a logistical nightmare. That's because marijuana is still federally illegal, and banks open themselves up to potential seizure by the FDIC if they take money that is the result of a federally illegal act.

Despite the fact that President Obama has given financial institutions the green light to serve the legal cannabis industry (so long as they monitor closely for potential money-laundering and other violations), most banks won't work with the $6.7 billion marijuana industry. The result is that 70 percent of cannabis companies don't have a bank account. The few banks that do take on marijuana clients do not advertise what they're doing. 

Enter Hypur, a startup in Scottsdale, Arizona, that for the past year has been quietly convincing banks that it is safe and profitable to work with cannabis businesses. 

Hypur, which was founded by a team of banking compliance and software entrepreneurs in 2014, has successfully helped about five banks in Colorado serve a number of cannabis businesses in the state. Hypur would not reveal which banks, citing nondisclosure agreements.

The startup's secret sauce is a software platform that audits a cannabis company in its entirety, shifting through documents and state licenses, financial statements, tax returns, property leases, and more, to ensure it is legal and legitimate. The software connects to the cannabis company's point-of-sale system as well as the state's seed-to-sale system, which follows marijuana plants from the grow house until they're sold to a customer, to monitor the business and ensure compliance.

Automated compliance.

One of the greatest hurdles for banks that do want to do work with this lucrative market is to make sure businesses are compliant under state law. It can take up to 20 hours for a banker to do a single marijuana business's paperwork, while other businesses can get a bank account set up within an hour, says Andre Herrera, executive vice president and co-founder of Hypur.  

Michael Sinnwell, chief operating officer and co-founder of Hypur, adds, "That's one of the biggest things--banks spend a lot of time chasing paper and we're eliminating the paper-chasing."
 
After Hypur has collected all the licenses and documents and has proved the company is legally operating in the state, the system creates automated notifications and red-flag triggers for when a license or lease will expire to make sure the client does not fall out of compliance.

Banks using Hypur are granted access to granular financial information coming from each dispensary's point-of-sale system. (Hypur is integrated into POS software like Flowhub and BioTrack THC and marketplace platforms like Tradiv.) Not only can banks on the platform assure bank regulators like the FDIC that everything is above board, Hypur breaks down the provenance of every dollar coming into a cannabis bank account, says  Sinnwell.

"Here's where the money came from and here's how much cash you should expect coming through your door at any given point. We allow banks to know a given transaction is a legitimate transaction between a consumer and that merchant," Sinnwell says. "We call it Know Your Customer's Customer. Banks know their customer but now they have an idea of their customer's customer to make sure it's not laundered funds."

Follow the money.

The ability to know you customer's customer is a big deal in the banking world. Once a Hypur customer gives a cannabis business an account, that business is encouraged to have its customers download Hypur's mobile payment app. The app, which is about to finish beta testing, hosts a direct bank-to-bank electronic transaction, meaning a customer pays directly from their bank account to the cannabis business's bank account. The bank can follow each transaction coming in and follow the product going out of the business. 

"Our goal is to eliminate cash," Sinnwell says. 

Cash is not only a pain to deal with and keep safe; it also poses danger to the merchant and the merchant's employees. Money also walks. Cash businesses tend to lose 10 percent due to theft. Lastly, businesses that are cash only are inconvenient to customers.

While 30 percent of cannabis companies have a bank account, no cannabis company can accept debit or credit cards because companies like Visa and Mastercard will not give the industry merchant accounts until federal law changes. For this reason, an entire cottage industry of armed cash pick-up and delivery companies has emerged in states like California, Colorado, Oregon, and Washington to bring millions in cash to entrepreneur's homes, private vaults, or banks or local federal reserve branches (some banks prefer to bring the cash straight to their federal account) for the ones with bank accounts. 

Hypur's platform and app allows banks to see each dollar come into a business's account and match with a customer and product. When a cannabis client's armored truck pulls up to a bank, the bank knows exactly how much is coming and where each bill came from. 

According to Hypur, it monitors hundreds of millions of dollars of transactions a month. The company, which raised $6 million from investors, doesn't serve only the cannabis industry. It also serves any cash-intensive business, like gun and ammunition shops, payday lenders, off-track betting parlors, and pawn shops. Sinnwell says that the Hypur platform provides effective tools to companies that are struggling for credibility and acceptance by financial institutions.

"Once the data and information starts to flow and banks can know a business isn't laundering funds, that's when the industry blooms," he says. "The biggest thing for regulators is to know that all of this cash is accounted for."

What Your Conference Room Names Say About Your Company Culture

How Vaping Can Help You Quit Smoking And How To Get Started

Anyone that has ever been addicted to smoking cigarettes can tell you how hard they are to quit. Many millions of people have tried, many hundreds of times in their lives, and never been able to quit smoking. But as fewer people start, and the older smokers die, there are fewer people smoking all of the time, so they've become outcasts in many states, cities, and even families. In most public places it's now illegal to smoke, so smokers are all standing outside freezing in the winter and sweating in the summer, to get their fix. Nicotine has been called one of the most addicting chemicals known to man, worse than heroin. So, just how can vaping help a smoker quit, is it safer, and how does a person get started?

Vaping Has Been Around Awhile, But It's Getting More Popular

Believe it or not, vaping and e-cigarettes have been on the scene for quite some time. They have advanced, gotten more high tech, been investigated, and millions have used them to quit smoking, sometimes successfully. Many scientists have weighed in on the subject, some pro, and some con, but the bottom line is that some people have been able to reduce their tobacco smoking habits and become more healthy.

In the real world, there are actually very few quit smoking programs that have worked for most people. In fact, when you check the statistics, most people fail at quitting smoking at least 6 times before they win the battle, or stop trying. So, if you're talking to a smoker and have anything to offer that could help them quit, they're going to listen.

Vaping Can Be Far Less Expensive Than Tobacco

The government has really cracked down on smokers and tobacco, making it one of the most expensive habits in the world. The real wholesale price of a pack of cigarettes averages about 50 cents, the rest is all federal, state, and local taxes. Estimates vary, but nearly all research shows that vaping and eCigarettes are at least 40% cheaper.

If you don't mind buying your own vaping oil and mixing it carefully into usable vaping batches in small bottles, you can save about 60% to 70% over the price of tobacco. While they use "pack a day smoker" for their statistics, there are millions of smokers that smoke at least 3 to 5 packs a day. Everyone knows a smoker that smokes a pack an hour too. These people could save thousands and thousands per year by not buying tobacco and mixing their own vaping oil instead.

Researchers Say Vaping Is Bad For Your Health

But they have to say that when anything is bad for you, they can't come out in favor of it. The real stats show that up to 95% of the harmful ingredients in tobacco aren't in eLiquids at all. This is according to the UK Public Health Department in a study done in 2015. Now of course, if you're trying to quit smoking, you're going to take anything that is less dangerous than cigarettes because they're for sure going to kill you.

The biggest worry that regulators have is that vaping will become a fad and many young adults that wouldn't smoke a cigarette will try vaping if they think it's not as dangerous. So far, government statistics aren't showing that many young people are using eCigarettes as a gateway to tobacco. On the other hand, they are helping some people quit smoking either tobacco or completely quit altogether.

The Best Way To Use Vaping To Quit Smoking

There are actually several addictions taking place when a person smokes cigarettes. The number one strongest, of course, is the nicotine that's considered very addictive. But, in addition to that, there is holding the cigarette, puffing, and inhaling the smoke too. And finally, there is the flavor of the tobacco. An eCigarette can do all of those things, then you can lessen each one gradually until you quit.

The nicotine is the hardest, you can adjust the amount of nicotine easily yourself if you mix your own, or have a vaping shop do it for you. You can also reduce the tobacco flavoring, or switch to one of a thousand other flavors if you'd like. The flavoring is the least of your worries, the nicotine reduction is the first priority.

Once you've reduced the nicotine, then get rid of the tobacco flavor, that will still have some carcinogens in it. Most of the thousands of other flavors are very clean, almost no cancer causing agents, plus no addictive chemicals either. If you have to continue smoking, vaping is the best alternative, and it may save your life in the end.

New research is coming out daily on the pros and cons of eCigarettes and vaping, everyone has to do their own research. But by all means, take the time to read the studies and pick the far lesser of two evils if you have to, if not for yourself, for those who love you.


South Carolina Wholesale CBD Oil Facilities

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Wholesale CBD Capsules Effects Mauldin South Carolina

Understanding Cannabinoids: CBN vs CBD

While there are many cannabinoids that may enhance the therapeutic effects of hemp products, the most common renowned product is the phytochemicals in the Cannabis genus that contain the tetrahydrocannabinol or THC. This is the substance that is responsible for all of the psychoactive effects of cannabis. CBD has long been associated with the variety that offers up the best help benefits without offering up the high that the THC gives to users.

While the CBD may not be the feature that is in all of the hemp products, it’s a by-product of the THC. Hemp Genix, Wholesale CBD Oil in Mauldin, has 80% purity compared to competitors at 17%-40%.  The CBN doesn’t bind to the body’s cannabinoid receptors like the THC does. It’s long been known to give a stronger sedative effect when it’s used in combination with the THC.

wholesale cbd oil recipe

At Hemp Genix, all of our products are made with 100 percent USA, Zero THC and 80 percent purity Wholesale full-spectrum CBD oil in Mauldin. This is carefully derived from a variety of cultivars of hemp which contain an abundance of cannabinoids.

A lot of people are very familiar with CBD or Cannabidiol. This is found in highly concentrated amounts in a variety of products. However, there are lots of cannabinoids that are found in hemp. These have shown a variety of benefits in studies. All of our products offer you full-spectrum hemp oil. This also includes all of our cannabinoids that are found in the plant. We don’t want you to miss out on any of the benefits.

 

Wholesale Cannabidiol CBD in Mauldin

This is the most abundant cannabinoid in the hemp oil. It makes up 90 percent of the content of cannabinoid. It’s non-psychoactive and the focus is on how it benefits the body via the hemp oil. It has minimal affinity for CB1 or CB2 receptors. The main focus on interaction is in the endocannabinoid system and it acts as an indirect antagonist toward the cannabinoid antagonists. This, in turn, may allow the CBD to temper the high that is caused through the THC. Wholesale CBD Oil in Mauldin from Hemp Genix are over 80 percent pure and CBD makes up the majority of the Oils weight. Industry averages and nearly all of the other products with cannabinoids and brands average in at 17 to 40 percent purity.

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What’s The Difference Between CBD And CBN?

Cannabis has a number of cannabinoids in which the most abundant are the levels of THC. There are 9 tetrahydrocannabinol as well as CBD and CBN. This is the active ingredient that makes you high. The THC is in the plant and the CBD is the precursor and the CBN is the metabolite of the THC. As the cannabis ages, the THC level breaks down into the CBN.

 

This also leads researchers to believe that the CBD might give some protection against ecstasy-derived neurotoxins or long-term depletion of the serotonergic receptions. While this is still speculation, it’s investigating further. The CBD is usually present in significant enough quantities in such products as hashish or cannabis resins. However,r it’s also in the herbal cannabis referred to as skunk in smaller amounts.

Overall, the CBN is a great cannabinoid that offers up a varied range of therapeutic applications that work together with the rest of the “team” in order to offer up the best possible results. Clearly, more clinical trials are required to see how else it can benefit patients.

wholesale cbd oil usa

Wholesale CBD Oil in Mauldin South Carolina

In a historic move, the U.S. Drug Enforcement Agency granted approval for a nonprofit to study marijuana's medical benefits on military veterans suffering from combat-related psychological disorders.

The Multidisciplinary Association for Psychedelic Studies (MAPS), a California-based nonprofit that studies medical uses of psychotropic drugs, will conduct the clinical trial, which will be a double-blind, placebo-controlled trial using the whole plant (not an extract or pill version). The trial is the first in U.S. history to receive full approval from the DEA and FDA.

The study will examine whether medical marijuana can treat Post-Traumatic Stress Disorder in 76 U.S. military veterans. The veterans have treatment-resistant PTSD and haven't found relief from other medications. The study will look into how different strains and doses of marijuana can benefit the veterans and look into potential side effects, a press release from MAPS says.

The trial intends to develop "smoked botanical marijuana into a legal prescription drug" approved by the FDA, MAPS says in a statement.

MAPS received a $2.16 million grant from Colorado's Department of Public Health and Environment (CDPHE) to conduct the trial.

"We have been working towards approval since we opened the Investigational New Drug Application (IND) with the FDA in 2010," said Amy Emerson, executive director and director of clinical research for the MAPS Public Benefit Corporation, in a release. "We are thrilled to see this study overcome the hurdles of approval so we can begin gathering the data. This study is a critical step in moving our botanical drug development program forward at the federal level to gather information on the dosing, risks, and benefits of smoked marijuana for PTSD symptoms."

MAPS, which was founded in 1986, has raised over $36 million for psychedelic therapy and research and education in marijuana's medical benefits.

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The Department of Justice could crack down on adult-use marijuana, or what's referred to as "recreational marijuana," and enforce federal law regulating cannabis as an illegal substance, the Trump administration said during a briefing on Thursday.

White House Press Secretary Sean Spicer, during his daily press briefing, said the Department of Justice will be the lead on what Spicer referred to as "greater enforcement" of federal law concerning adult-use marijuana. The Justice Department's new head, former Alabama Senator Jeff Sessions, is staunchly opposed to marijuana legalization.

Medical marijuana, Spicer said, is safe from enforcement because of the Rohrabacher-Farr Amendment, which prohibits the DOJ from spending money to prevent states from implementing medical marijuana laws, and because President Trump "understands" how patients with terminal illnesses find "comfort" with medical cannabis. Spicer said Trump and the DOJ have drawn a line in the sand: medical marijuana on one side and adult-use on the other. The White House says adult-use marijuana would exacerbate the opioid epidemic, which is killing 40,000 Americans a year, according the Center for Disease Control. Studies have found that legal marijuana could help stem the opioid crisis. Research has found that opioid deaths decrease in medical marijuana states.

"There's a big difference between [medical marijuana] and recreational marijuana, and I think when you see something like the opioid addiction crisis blossoming in so many states around this country, the last thing we should be doing is encouraging people," said Spicer during the briefing. "There is still a federal law that we need to abide by in terms of recreational marijuana and other drugs of that nature."

Just the threat of federal enforcement could send a chill down the spine of the adult-use industry, which just welcomed eight more states into the fold through voter-approved ballot measures on Election Day in November 2016.

But the question is, as more than half of all states now have state laws allowing for medical marijuana and/or adult-use marijuana markets, and the industry has created approximately 150,000 jobs and brought in almost $7 billion in revenue in 2016, can the industry be pushed into the black market again? A recent report by New Frontier Data forecasts the industry to create 300,000 more jobs by 2020.

"I don't think it's realistic for Trump to wage an all-out war against recreational marijuana," says Aaron Herzberg of CalCann Holdings, a portfolio of cannabis companies and brands in California. "Eight states now allow for recreational marijuana, and California, the largest of those states, is in the middle of implementing and rolling out these laws. Colorado already generates over $200 million in annual revenue from recreational marijuana. Peter Thiel, one of Trump's advisers from Silicon Valley, has heavily invested in marijuana. My guess is that this is saber-rattling."

Back in November 2016, John Hudak, a senior fellow at the Brookings Institution, said that if Sessions became attorney general, he would have the power to rescind the Department of Justice memos issued under the Obama administration that have allowed marijuana companies to exist without fear of DEA raids. (The Ogden and Cole memos assure the industry that federal law enforcement agents will not step in as long as businesses follow the rules and do not act as fronts for organized crime, do not sell to kids, and avoid other federal enforcement priorities.) If Sessions rescinds the memos, which are non-binding, the industry should be afraid.

"Jeff Sessions could have an existential and devastating effect on the marijuana industry as we know it," said Hudak. "His views are opposed to reform and opposed to legalization."

The National Cannabis Industry Association, a trade group, said in a statement that it is disappointed with the White House's announcement of a crackdown on adult use.

"It would be a mistake for the Department of Justice to overthrow the will of the voters and state governments who have created carefully regulated adult-use marijuana programs. It would represent a rejection of the values of economic growth, limited government, and respect for federalism that Republicans claim to embrace," said NCIA executive director Aaron Smith in a statement. "These programs are working. Marijuana interdictions at the Mexican border are down substantially, youth use has not increased in states with legal access to cannabis, and responsible cannabis businesses are contributing tens of thousands of jobs and hundreds of millions of dollars in economic impact to their communities."

Spicer's comments regarding a crackdown came only hours after Quinnipiac University released a new poll, which found that 71 percent of all Americans would oppose efforts to enforce federal marijuana laws in states with legalization.


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