CannaBiz
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US Cannabis Sales WAY Up!
2024’s predicted cannabis sales will be in excess of $31 BILLION dollars. That’s pretty high! More than triple from just 2019.
David Craig, chief marketing officer of Missouri licensed cannabis producer Illicit Gardens, said “It should be clear by now that cannabis isn’t going anywhere.”
“If the federal government is going to drag its feet on descheduling, then it’s up for the states to take the lead in removing regulatory hurdles to operators, especially multi-state ones,” Craig wrote in an email. “What most outside the industry don’t realize is the extreme burden operating without uniform standards across legal states.”
New York State moves ahead with retail cannabis licensing
The New York State Supreme Court has lifted an injunction against the Cannabis Control Board that was preventing them from processing new applicants for legal cannabis sales outlets.
“This decision brings much needed relief to the hundreds of provisional licensees who, until now, have had their businesses sidelined,” said the CCB Chair Tremaine Wright.
This bottle neck in the licensing process has limited the number of cannabis retail outlets to just eight for the entire state of approximately 20 million residents. Now they can move ahead with processing the over 400 applicants waiting.
And beginning in July 2024 legal residents… Continue reading
Thailand to Give Away One Million Cannabis Plants!
The Government of Thailand has announced that it will give away one million cannabis plants after marijuana legalization takes effect on June 9, 2022. Medical cannabis was approved in Thailand in 2018.
To take advantage of the emerging cannabis industry in Asia, Thailand will allow citizens to grow plants in their own homes. In fact, they have created a new app, called Plook Ganja, where they expect residents to register their grows with the authorities, allowing cannabiz companies to purchase marijuana directly from growers, while keeping track of the whole business.
Way back in the daze of the… Continue reading
Weed Biofactories
Imagine a steel vat filled with healthy, organic yeast creating THC, CBDs and other cannabinoids as their waste byproduct, which is harvested for both medical and recreational use.
This is now, not the future. Cannabis entrepreneurs have suddenly been flooded with tons of investment money and are using scientific research to find new ways of increasing production yields, improving quality, and to continue providing cannabis-based products to the ever-expanding marketplace.
The push is on to satisfy the millions of users in newly legal states in the USA, and around the world. In recent years the use of CBDs for medical… Continue reading
Build a Home with Hemp Concrete
Hemp concrete is something from the earth,
combined with something grown in the earth,
which shelters you and is good for your health.
Hemp concrete is perhaps the best alternative building material I have stumbled across yet. I have investigated straw bales, adobe, sun fired bricks, concrete blocks, and used shipping containers. None of these have the long-lasting health and environmental benefits that hemp offers.
Hemp concrete is a bio-composite material made from a resin matrix with natural hemp fibers for reinforcement. The resin in hemp concrete is made from lime (possibly including natural hydraulic lime, sand, and volcanic ash… Continue reading