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Alt Thirty Six Eliminates Transaction Fees for Cannabis Deliveries
By: Alt Thirty Six
Tags: Finance, Delivery, Marijuana, Cannabis, Payments

TEMPE, Ariz., March 17, 2020 /PRNewswire/ — Ken Ramirez, CEO of Alt Thirty Six, a Tempe, AZ based digital payment and compliance platform designed to help the cannabis industry go cashless has released a formal statement to the cannabis industry regarding COVID-19 (Coronavirus). “In the wake of the growing public health crisis caused by the novel coronavirus (COVID-19), it’s now more important than ever to take precautionary steps to limit the spread of contagion and reduce the risks of exposure to ourselves and our communities,” said Ramirez.

Alt Thirty Six announced today that effective immediately, the company is temporarily waiving all transaction fees for delivery purchases for new and existing qualifying merchants until April 20, 2020. To better support merchants and customers during this period, Alt Thirty Six has increased internal resources to expedite the underwriting and approval process for merchants to begin accepting digital payments within 24 hours and handle all customer inquiries.

“We understand the financial impact on cannabis operators — like many other industries — will suffer losses in both customer and vendor demand. Alt Thirty Six is committed now more than ever to providing a cashless solution to cannabis merchants and consumers alike while doing our part to help mitigate some of the loss,” said Ramirez.

Pineapple Express, a delivery-focused cannabis dispensary based in Los Angeles, California began accepting Alt Thirty Six payments in November 2019. Since implementing they have increased sales, productivity, and overall customer satisfaction. “Alt Thirty Six has been the most convenient payment processor with very reasonable rates. With zero fees on deliveries during this unprecedented time, Pineapple Express will be able to pass the savings on to our customers and help more patients in need,” said Josh Eisenberg, COO of Pineapple, Inc.

About Alt Thirty Six

Alt Thirty Six is the leading digital commerce infrastructure for legal cannabis businesses and customers by enabling simple and secure digital purchases. Alt Thirty Six provides proprietary technology, partnership platform, and banking relationships to the legal cannabis industry, helping merchants manage digital payments in-store, online and via delivery services to grow and run their business efficiently and stay compliant. Consumers pay for their products with one click digitally, take advantage of loyalty programs and custom promotions. Follow Alt Thirty Six on Web, Instagram, Twitter and LinkedIn for important updates and relevant industry news.

SOURCE Alt Thirty Six

Related Links

https://www.alt36.com/
Medical Versus Recreational Marijuana
By: Christopher Wright
Tags: Marijuana

A resident of Newport Beach, California, Christopher Wright is the CEO of Cannabis Talk Network, one of the fastest-growing cannabis educational platforms in the country. In this position, Christopher Wright helps entrepreneurs navigate the cannabis industry, educating them on a variety of issues, such as the different marijuana markets.

The cannabis industry is largely divided into two: the medical marijuana market and the recreational marijuana market. The former, as its name suggests, is focused on the medical uses of marijuana. The companies in this market conduct research and develop medical products that leverage on the healing properties of marijuana. These products are therapeutic, treating a wide variety of ailments, and often require a doctor’s prescription to purchase. Today, marijuana has been used to develop drugs for Alzheimer’s, cancer, multiple sclerosis, and chronic pain. As of March 2020, medical marijuana has been legalized in 33 states.

Companies dealing in recreational marijuana are not concerned with cannabis products that have medical uses. Instead, they develop products that give users the high associated with marijuana. Many primarily use tetrahydrocannabinol (THC), marijuana’s potent psychoactive agent, in their products. As of March 2020, only 11 states have legalized recreational marijuana. However, this market is potentially bigger than that of medical marijuana.
Texas Looks to Become Next to Legalize Medical Marijuana
By: Citizen Truth Staff
Tags: Medical Marijuana, Marijuana, Marijuana Legalization, Texas, Cannabis

Screenshot via YouTube

2019 looks like it could be the year that Texas joins the majority of other states in legalizing medical marijuana.

Texas is set to join the list of 33 U.S. states and Washington DC that have already legalized or are in the process of legalizing medical marijuana — ten states have also legalized recreational marijuana. Texas Gov. Greg Abbott made it clear there is no point filling Texas jails with people caught with small amounts of marijuana when fines are the better option.

Texas lawmakers have introduced 13 bills related to marijuana use this session. There is, however, another bill for medical marijuana in the state for children suffering from epilepsy. The bills that have a good chance of passing are Senate Bill 90 and House Bill 209, which are two medical marijuana bills.

The U.S. Congress passed the Farm Bill in December 2018. This bill legalized hemp, which is in the cannabis sativa family but with lower amounts of the active compound THC, which is the part that gives the “high.” Hemp has many industrial uses.

The new Texas legislation applies to the use of medical cannabis for HIV/AIDS, PTSD, cancer, autism and CTE among other chronic diseases. The same bill equally provides for “chronic medical conditions” that produce “severe pain” or “severe nausea.”

With the two bills, doctors are at liberty to prescribe medical marijuana for debilitating medical conditions with little or no cures.

In Texas, House Bill 73 also seeks to decriminalize possession of recreational marijuana when it is less than an ounce. Offenders will only be fined rather than being jailed for the crime. Gov. Abbott wants to cut down on marijuana sentences when they involve negligible amounts.
How marijuana (THC) and other factors induce paranoia
By: Mayuri Hana Vaish
Tags: Neuroscience, Brain, Marijuana, Paranoia, Drugs

Paranoia following THC consumption may occur due to illicit nature of marijuana, the possibility of paranoia-tendency people to consume THC, or the role of other factors instead of THC producing paranoia, such as by the cognitive model shown below.[1]

There is actually very little research on THC and paranoia, the first experimental study being conducted only in 2015.[2] Based on evidence, I would argue that the awareness of consuming THC is not the reason for paranoia — in fact, it showed to reduce paranoia. However, the study suggests that that THC does not directly induce paranoia, but introduces effects such as panic, anxiety, depression, and negativity, which in turn increase one’s likelihood for paranoia.

THC, however, has been studied in terms of paranoia-resembling psychotic effects it may induce.[3][4] This could occur due to increased cortisol (known as the ‘stress hormone’) levels in the blood after consuming marijuana.[5] It could also result from decreased dopamine (a neurotransmitter known for its pleasure-inducing effects) synthesis in those consuming THC.[6]

The possible reason for a lack of clarity regarding THC’s link to paranoia is that it only affects some people; this may occur because factors such as environment and legality of the substance contribute to one’s likelihood of becoming paranoid.

Neurotransmitter imbalances may further affect paranoia: For example, decreased levels of serotonin (another pleasure-inducing neurotransmitter) may make one more susceptible to depression, which can eventually lead to paranoia.[7] Increased levels of dopamine have also been linked to paranoia.[8]

Brain regional activity can also contribute to risk of developing paranoia: For example, elevated activation of the amygdala (contributes to emotion) can raise paranoia.[9]

Moreover, genetic differences may contribute: it has been shown that people with a shorter allele for the serotonin transporter (5-HT) gene were more likely to develop depression after a stressful event — again, a risk factor for paranoia.[10]

In all, THC and paranoia is a long-winded link that will require meticulous controlling of confounding variables in order to conclusively outline any causal relationship. However, evidence is there, which adds to the multitudinous reasons not to consume marijuana in the first place.
Ore-Gone 🗳
Tags: Voting, Business, Health, Marijuana, Drugs

The war on drugs in the U.S. has been one that has affected the lives of many Americans across all 50 states. On Tuesday, several states were in the process of voting for the legalization of marijuana. The state of Oregon had bigger plans.

Oregon voters approved a ballot measure to not only decriminalize marijuana, but also the possession of small amounts of hard drugs such as heroin, cocaine, and LSD. Rather than facing a serious misdemeanor or felony charge, possession of these small amounts will be punishable with a $100 fine.

Among the list of substances, Oregon is now the first state to legalize psilocybin, the active ingredient in so-called magic mushrooms. This does not mean that Oregon citizens can start growing these things in their garden. With the recent release of lots of different research regarding psilocybin and mental health, the use of psilocybin has been legalized in Oregon for mental health treatment in supervised settings only.

Oregon isn’t the only state to make moves towards deregulation. New Jersey and Arizona for example also voted to legalize the recreational use of marijuana this week. This could prove to be a good source of tax revenue for the government overtime, which is said to be used to help and treat the citizens of Oregon for drug and mental health related problems.

As for market movement, the big names in marijuana (Canopy Growth, Tilray, Cronos) all fell around 7% throughout the trading day.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.
Absolute Badass Smokes Weed In Front Of Depression Lamp
By: Max Barth
Tags: Satire, Humor, Marijuana, Weed, Comedy

“It’s like a battle,” says Eric Cooper. He laughs and coughs. “The sun versus the moon. The moon is weed.” He coughs again. “I’ve totally cured it.”

Cooper, 32, has suffered for years with depression which, he says, “gets way worse in the winter because of the [lack of] light.” He treats it with light therapy: the practice of sitting in front of a lamp that mimics natural sunlight, thereby helping the body regulate melatonin in the darker winter months and, advocates say, lifting the mood.

For many who suffer from depression — seasonal or otherwise — light therapy has become a cheap and effective treatment. According to Dr. Erica Monroe, associate head of Harvard’s Depression Research Institute, “light therapy really helps when combined with other methods, such as medication, exercise or mindfulness training.”

Eric agrees about the efficacy of combining treatments. “I for one absolutely rip the bong in front of [the light therapy lamp]. It’s like smoking weed while the aliens abduct you.”

The result? “I’m generally high as fuck until dinner,” he says. “So that’s cool.” He sighs and grins. “I’m sorry what were you asking?”
Weekly Weakly Weed Use. After using marijuana daily for a few…
By: Thy Thinker
Tags: Creativity, Health, Marijuana, Cannabis, Life

After using marijuana daily for a few years, I’ve come to discover that weed works better for me weekly rather than daily. With daily use it becomes a habit, automatic, not special because it is expected. With weekly (or longer) intervals, cannabis use becomes a sort of ritual, more special, an event.

Often you start to sleepwalk through life, acting on autopilot. The occasional use of cannabis can serve as a wakeup call to remind yourself to be more conscious, really pay attention. But with daily use, being high on cannabis can become a form of autopilot sleepwalking itself. It can take a full 24 hours (or more) for marijuana to fully flush from your system, so even though you’re not “high” the next morning, you’re still in a sort of post-high haze. A week (or longer) gives your body and mind time to reset, get back to normal, so you can reap the full benefits of getting high the next time.

Plus daily marijuana use stops you from dreaming. Being high on cannabis is sort of like a waking dream, but actual REM dreams are vital. By limiting cannabis use to once a week, you can enjoy both worlds of sleeping dreams and waking cannabis dreams.

I currently don’t have a specific time or date to use cannabis, it’s just roughly once a week, sometimes two or three weeks go by without use, and other times I’ll use it two or three times in a week. I also take lower doses than I did when using daily and balance THC with CBD. I don’t need to get super-high and zone out. With a lower dose, I get high but still remain locked in and focused, in control mentally.

Cannabis for me becomes an idea machine. Tons of thoughts and ideas come to me rapidly-fictional story ideas, ideas for songs, or philosophical insights about myself or society. I write these ideas down as they come to me, taking copious notes. Then the next day I try to make sense of and organize the notes-which can end up taking most of the day.

For me, that was a problem with daily cannabis use. I’d get so many new creative ideas while high every night, but I had no time to actually follow through on any of them. (Or at least not enough time to follow through on all of them.)

Using cannabis once a week, I may get a week’s worth of ideas in a single day, so I’ll have sufficient time to follow through on each idea. Then, the next week I can get high again and refuel the idea machine. This is what I’ve found to work for me, at least-for now. Your mileage may vary.
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By: Ckweedman Joans
Tags: Darkweb, Vape Pen, Weed Delivery, Marijuana, 420 Friendly

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Motor vehicle stop leads to recovery of firearm, narcotics and money
By: Stephen Finn
Tags: Marijuana, Crime, Police Reports, New Jersey

Motor vehicle stop leads to recovery of firearm, narcotics and money

Vehicle was operated by Elijah Martindale of Willingboro, who was ultimately released on a summons pending his initial appearance. Stephen Finn Feb 26, 2019·2 min read

From the Burlington Township Police Department:

On Monday, Feb. 25, at approximately 8:28 p.m., officers from the Burlington Township Police Department conducted a motor vehicle stop in the area of Salem Road and Campus Drive on a black 2009 4-door Cadillac.

That vehicle was operated by Elijah Martindale (20-year-old male from Willingboro, NJ). During the stop, officers smelled the odor of raw marijuana.

When the officers had Martindale exit the vehicle in order to conduct a search, they discovered he was armed with a loaded 9mm semi-automatic Taurus handgun in his waistband. Martindale was not licensed to possess the firearm.

Additionally, during the search of the vehicle, the officers discovered marijuana, drug paraphernalia, and several hundred dollars that were all consistent with narcotic distribution.

Martindale was arrested and transported to the Burlington Township Police station where he was processed and charged with the following criminal offenses:

One count unlawful possession of a weapon

One count possession of a weapon for unlawful purpose

One count possession of marijuana

One count possession of marijuana with intent to distribute

One count possession of drug paraphernalia

Martindale was ultimately released on a summons pending his initial appearance.
Medical Cannabis to Emerge as one of the most Lucrative Businesses to Venture into in Mexico in the Coming Years
By: Latest Industry Trends
Tags: Mexico, Marijuana, Marijuana Legalization, Cannabis Medical, Cannabis

The cannabis industry is booming due to its increasing adoption for medicinal application and imminent legalization for recreational use. In Mexico, marijuana is only legalized for medicinal use and is anticipated to be legalized for recreational purposes in an effort to abolish illicit drug trade and generate tax revenue.

Rising adoption of medicinal marijuana for the treatment of chronic conditions such as Alzheimer’s disease, cancer, arthritis, anxiety, and epilepsy is one of the key factors propelling the Mexican medical cannabis market. Furthermore, approval of CBD derivatives for medicinal use is also expected to drive demand in the coming years.

Medical marijuana is expected to emerge as one of the most lucrative businesses to venture into in Mexico in the coming years due to large population and patient pool. Various research studies have shown the potential benefits of marijuana in the treatment of cancer, thereby increasing its demand in cancer therapy.

High prevalence of cancer is expected to be one of the factors driving the Mexico market. For instance, according to WHO in 2018, about 190,667 new patients in Mexico suffered from cancer. There are various supportive studies validating the anti-cancerous benefits of marijuana, increasing its adoption in cancer treatment.

Medical marijuana has been legalized in Mexico since June 2017. The health licenses for cultivation, harvesting, and production of marijuana in the country are exclusively limited to medical and research purposes. The laws pertaining to cannabis in Mexico are not that well-regulated and go through a secondary regulation by Federal Commission for the Protection against Health Risks. It can be only imported in Mexico for medical purposes or for scientific research. There are some set rules that mandate marijuana consumption only through physician prescription, and its dispensing is controlled by the government. Moreover, individual importation of marijuana is permitted for medical purposes. However, the cannabis products that are imported must have their THC content below 1%. These rules are governed under the General Health Legislation law and the Federal Criminal Code.

Competition among existing players is moderately high as very few companies have the technology, financial resources, and legal clearance to venture into large-scale manufacturing of marijuana. Moreover, availability of research funding also plays a vital role in encouraging more companies to launch innovative products in the Mexico market. Some operating and expected players in the market are Aurora Cannabis; Canopy Growth Corporation; GW Pharmaceuticals, plc; CB Science, Inc.; HempMeds; CBD Life; and Isodiol International, Inc. Growing market demand is expected to result in the entry of several new players in the near future.
A day without Weed…
By: Anurag Mondal
Tags: Writer, Job, Sober, Marijuana, Lifestyle

Well, it may sound nothing special to you if you don’t have a habit of smoking weed, but for a stoner like me who smokes bongs before brushing his teeth & sleeps in heaven at the end of the day, it’s a germane.

In the beginning I feel relaxed and happy about nothing but my life. The first thought comes to my sober mind is that the day is gonna be very productive because the weed available in my locality makes you lazy. So I go to my work with full positive vibes.

But as time passes by you tend to realize that the world around you is not so much chilled as you are when you’re high. So slowly I tend to get aggravated by the annoying people around me. At times I even think to myself that the world is full of ‘Literate but uneducated people’ who thinks that, because they are in certain good position in their life, they know everything about the World & life.

Then as more time passes by, I tend to loose my cool and then things starts getting worse in work. And at one point I tend to become like other sober people around me. I tend to look at the negative things in life, like why did my crush not accept me, why couldn’t I crack JEE Advanced in first attempt & so on.

But then my friends come to save me from this. I call my friends back in my room and ask talk to them. We talk mostly about weed, but it helps.

Then finally my shift ends. I wait impatiently like a small kid in my cab to reach my room & go to my heaven to forget about this world.

Now after reading all this you must be judging me and have already decided that I’m an tripper. But honestly I don’t care. Because everyone has a point of view. From my point of view I am living my life where weed helps me deal with the shit life throws at me, unlike others who has their own way of dealing with it, some drink, some smoke cigarettes, some have sex as their way out. So if you’re gonna judge any one of these people, ask yourself a question “Am I dealing with my problems in life in the right way?”
Opportunities with the legalization of marijuana
By: Amador Palacios
Tags: Marijuana, Medicine

Oh the twists and turns of life !! After tens of years of being considered a dangerous drug, it now turns out that marijuana is being legalized as a beneficial plant for certain applications.

This is happening in Canada, some US states (Washington and Colorado) and certain countries (Holland, Portugal, Chile, Uruguay, …); in many others its decriminalization is being analyzed.

This change, like everyone else, generates new opportunities. And some people have already adapted to produce and sell marijuana legally and medicinally. And logically one of the first places is Colombia.

The country that had, and still has, fame for exporting drugs to the rest of the world, and that was sadly famous for its drug traffickers, is positioning itself in this legal world of marijuana as one of the main suppliers.

It is quite logical. It has the right climate and its people have the knowledge acquired over many years of growing this plant. They are therefore the most suitable to sell it legally.

For example, the company Clever Leaves exports to the UK and Canada, but in addition to raw material, they are creating pharmaceutical laboratories in Colombia to develop cannabis-related products for the treatment of cancer and other pain.

The Colombian Cannabis Industry Association has been created that brings together 29 Colombian companies to defend their interests and have invested more than 500 million dollars in this field.

The cost of labor in Colombia is low compared to other more developed countries and therefore they have good prospects of expanding their market share with this type of products. It is smart for them to invest in developing final products and not being only involved in growing the plants.

The added value is in the development and final sale of the final products.

I wish the best to Colombian friends. I find it very pleasant to make a positive reflection on them.
Is Marijuana Addictive?
By: Olivia Fletter
Tags: Addiction, Health, Marijuana, Personal Growth, Drugs

Marijuana is addictive, despite what some people think. If it alters the user's mind, makes them feel good, then it has the potential for addiction.

Screw you, I can quit anytime I want.

Those of us who have experienced addiction of any nature knows quitting a habit is difficult. Quitting involves changing so many factors of the user’s life. They may have to move away from the substance, putting distance between themselves and the drug, old friends, and other potential triggers.

The user has to set firm boundaries in their relationships with friends and family members who are high risk. This can be a hurtful and difficult process to endure. I’ve learned to never shame a user, no matter their substance. Instead, encourage them to make the necessary changes to leave the substance behind.

But it’s just a harmless plant, exclaims the exasperated pothead, but a coca plant is just a harmless coca plant until the leaves are extracted and cocaine is produced.

But it’s legal…

Thirty-three states in America have legalized marijuana. But just because it is legal in some places does not mean cannabis is good for us to consume. Heck, opioids are legal and people overdose every day. Nicotine is legal although we know it causes lung cancer. Sugar is legal and people are unhealthily obese.
The Science Is In: Is Cannabis Really Making People Creative?
By: Adrien Mierop
Tags: Creativity, Science, Health, Marijuana, Cannabis

The Science Is In: Is Cannabis Really Making People Creative?

OK, I get it, you’re probably not smoking pot just to “get creative”. Given all the controversy that seems to follow Cannabis everywhere, creativity might be the last thing on your mind! Still, there’s no reason to overlook the way this plant can enhance your creative powers. Ask an artist what their experience with ganja has been like, and they’ll tell you all kinds of stories.

“It’s a tool to reinvigorate my mind” “It makes me less worried about being perfect” “It helps me get in the zone” “It makes me see things I wouldn’t normally see” the list goes on.

As a psychoactive plant, cannabis has been used by artists to harness their creativity for a long time. Some of our favorite artists like Bob Marley, Willie Nelson, and Rihanna have identified themselves as Cannabis enthusiasts. Hell, even the founder of Apple, Steve Jobs, admitted to having pot brownies in his lifetime. There’s no smoke without fire, right?!

It’s already fascinating how Cannabis affects our body in so many different ways. But when it comes to enhanced creativity, is that factually the case — or is it just anecdotal evidence that doesn’t hold much ground? Does Cannabis only trigger a placebo response in its consumers, or does it have a verifiable effect on your creativity? The Science Is In!

A recent study directly tested whether taking cannabis affects creativity. In this study, each participant received a single dose of cannabis that contained THC (the psychoactive substance in cannabis; delta-9-tetrahydrocannabinol) using a vaporizer. Participants received either 22 mg THC (which is like smoking two joints), 5.5 mg THC (which corresponds is like smoking half a joint), or a placebo.

The researchers then measured participants’ creativity by asking them to list as many uses as possible for a common household item (such as brick, paper clip, newspaper). They then rated the responses of their participants on multiple creativity dimensions:

Fluidity: the raw number of responses.

Originality: the statistical scarcity of responses.

Flexibility: the degree of difference in the responses.

Elaboration: The amount of detail in the responses.

What the researchers observed is that the large dose of THC did not increase creativity, but it decreased it! The low dose of THC impacted neither positively nor negatively participants’ creativity.

Maybe before you share your ukulele solo recording with the world, you want to wait until you hear it again with a cool head…
Cannabis shows promise blocking coronavirus infection: Alberta researcher
Tags: Oklahoma, Research, Coronavirus, Marijuana, Cannabis

Cannabis extracts are showing potential in making people more resistant to the novel coronavirus, says an Alberta researcher leading a study.

After sifting through 400 cannabis strains, researchers at the University of Lethbridge are concentrating on about a dozen that show promising results in ensuring less fertile ground for the potentially lethal virus to take root, said biological scientist Dr. Igor Kovalchuk.

“It will take a long time to find what the active ingredient is — there may be many,” said Kovalchuk, whose Pathway RX is owned partly by Olds-based licensed cannabis producer Sundial Growers and partnered with Alberta cannabis researcher Swysh.

But it’s generally the anti-inflammatory properties of high-CBD content that have shown most promise, he added.

“We focus more on the higher CBD because people can take higher doses and not be impaired,” said Kovalchuk.

The study under Health Canada licence using artificial human 3-D tissue models has been seeking ways to hinder the highly contagious novel coronavirus from finding a host in the lungs, intestines, and oral cavity.

If successful, the work could find practical medical use in the form of mouth wash, gargle, inhalants or gel caps, said Kovalchuk.

“It would be cheaper for people and have a lot less side-effects,” he said.

But the absence of clinical trials remains a barrier, and funding from an increasingly cash-strapped cannabis industry isn’t there to fuel that, said Kovalchuk.

“We have clinicians who are willing to work with us but for a lot of companies in the cannabis business, it’s significant cash that they can’t afford,” he said.

The scientist emphasized the findings wouldn’t lead to a vaccine — something “less specific and precise” but nonetheless another possible weapon against COVID-19.

“The extracts of our most successful and novel high CBD C sativa lines, pending further investigation, may become a useful and safe addition to the treatment of COVID-19 as an adjunct therapy,” said Kovalchuk.

“Given the current dire and rapidly evolving epidemiological situation, every possible therapeutic opportunity and avenue must be considered.”

Israeli researchers have begun clinical trials of CBD as a treatment to repair cells damaged by COVID-19 by using its anti-inflammatory abilities.

It’s thought CBD could enhance the traditional effect of steroids in such treatment of patients in life-threatening condition and also bolster the immune system.

It’s the kind of research and his own that deserves government support in Canada, whose federal government has pledged $1.1 billion in funding for COVID-19 research said the U of L scientist.

“Our work could have a huge influence — there aren’t many drugs that have the potential of reducing infection by 70 to 80 per cent,” he said.

BKaufmann@postmedia.com

Twitter: @BillKaufmannjrn
Launch a cannabis business (Israel)
By: Cold-Pressed Cannabinoids
Tags: Startup, Business, Marijuana, Israel, Cannabis

The medical cannabis market in Israel is a framework in which medical cannabis is supplied to more than 50,000 patients, and research is carried out with government approval and encouragement. The body governing this work is called the Israeli Medical Cannabis Agency (IMCA) and part of their remit is to encourage a startup community for medical cannabis businesses. Israel could be the ideal location for you to attract investment to develop and grow your business.

Licensing

The Israeli Medical Cannabis Agency (IMCA) was established to promote the regulatory work following the first government resolution to regulate the cannabis sector in 2011. IMCA’s objective is to provide patients with an appropriate source of supply of cannabis for medical purposes, while protecting the health, wellbeing and security of the public. For this purpose, it operates according to four policy lines:

Medicalisation of the cannabis plant. Indications for provision of cannabis. Standardisation of cannabis products. Training physicians in cannabis treatment.

IMCA licenses are issued for:

Cultivation

Production

Storage

Distribution and delivery

Security of the supply chain

Medical licensing and practice

R&D

Disposal

Some of the expected developments of the Israeli regulation include ease of export and import processes, expansion of the training of physicians, support for further research and aligning the way medical cannabis is consumed with other doctor-prescribed medicines.

iCAN incubator

iCAN helps incubate Israeli cannabis startups — offering everything from science expertise to business fundamentals. They also organizes CannaTech, one of the world’s leading cannabis conferences. iCAN see 400–500 companies a year that come through either looking for funding or help getting from an idea to a real cannabis company. They take there portfolio companies on roadshows where they introduce them to potential investors around the world. You can submit to join the incubator here.

Summary

As can be seen, Israel’s regulatory structure differs from the norm in other places, such as Canada or California, and in particular, there is no agenda for full legalisation of cannabis for recreational use. The inherent advantage of this program is the presence of a clear government approach and perspective for cannabis that enables the industry a measure of certainty for operation. Do you have a high tech, medical cannabis business idea? Israel has the framework and investment to allow you to turn the idea into a hugely successful business through research, development and investment.
Launch a cannabis business (Lesotho)
By: Cold-Pressed Cannabinoids
Tags: Startup, Business, Africa, Marijuana, Cannabis

Lesotho, with just over 30,000 km2 land mass and a population of around 2 million, is probably not a place you would automatically associate with launching your cannabis business! However several big US and Canadian firms have already established a commercial footprint in Lesotho, including Medi Kingdom who have built a $45m medical cannabis export facility (more on that later).

Licensing

In 2017, Lesotho became the first nation in Africa to issue licenses for the production of medicinal cannabis. International investment quickly followed. The cost of starting a cannabis business and gaining a licence has increased from $3,500 to $35,300 in the last year. The increase was to discourage entities from securing a license for speculative purposes. It is also meant to ensure that all licensed companies have the capacity to create a business in this competitive industry. It is thought that there are currently 11 active, licensed cannabis businesses in Lesotho.

Benefits

There are multiple reasons why companies are launching their grow operations in Lesotho. Five of these include;

Abundant water accessible through the dam system. Affordable land for cultivation including lush, mountainous hectres which allow for large, open-air grows. Low cost labour who are experienced growers looking for employment opportunities. Lesotho has the ideal climate conditions for cannabis plant cultivation The average elevation of Lesotho is 2255m

The home of Medi Kingdom

Medi Kingdom have built a $45m medical cannabis export facility in Lesotho. The plant, which has 35,000sq metres of climate-controlled greenhouses and a pharmaceutical grade extraction and manufacturing plant, can generate 35,000kg of cannabis flower annually, worth $200m a year. This makes Medi Kingdom the largest medical cannabis producer in the Eastern Hemisphere. The cannabis grown here is for the export market in particular Canada, Germany, the UK and Australia. They are licensed for 10 years (renewable on an annual basis) and the licence allows for: cultivation, manufacturing and supplying cannabis in line with the Kingdoms national laws; including approval for import and export.

Summary

If you plan to launch a truly international cannabis cultivation business then its worth considering the opportunities in Lesotho. The commodity end of the market will be driven by price. All the benefits outlined above will help to drive efficiency and the country seems to be a fast mover in licensing and legalisation. We look forward to tracking the development of the cannabis industry within this small but nimble African nation!
As a regular recreational user of cannabis… I agree!
By: Destiny Rae Lynn Lewis
Tags: Marijuana, Recreational Marijuana

As a regular recreational user of cannabis… I agree! I personally don’t find much of a difference when I’m smoking a sativa or indica strain. It’s a thought that I’ve had for quite awhile now, honestly. However with the limited amount of research done on both recreational and medical marijuana, finding research to back up my theories has proven difficult.

Anyone who knows me personally though, knows that I quite enjoy conducting my own little science-experiments of sorts… on my unsuspecting peers! Mainly, my best friends.

I decided to do a little placebo-type experiment with a couple of my friends as my control group. Given that it’s pretty difficult to visually determine one strain from another — it was pretty easy to tell my friends they were smoking a sativa-dominant strain when I really gave them an indica.

I found the results fascinating, personally! Just by telling my friends that it was a sativa dominant strain, I noticed that they behaved as if they had smoked one — even though I knew with 100% certainty that the weed I gave them was an indica that I had purchased from my local BC Cannabis store just hours before. Of course, just once wasn’t enough to ease my curiosity on the matter.

Over the course of a few months I occasionally would offer marijuana to my friends to smoke telling them it was either indica or sativa — whatever the opposite was from what the strain actually was. Time and time again my friends would behave energetically as if they had smoked sativa, when what I gave them was marketed as an indica. Or they’d do the opposite and melt into the couch and completely chill out when I’ve given them a marketed sativa, telling them it was an indica.

I would love to read a further study on this to find out if there really is a difference between the two — or if it’s all in our head!
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Where does Oregon’s cannabis tax revenue go?
Tags: Marijuana, Cannabis, Oregon, Tax

In the first full fiscal year under legalization, running from July 2016 through June 2017, Oregon collected $70.2 million in state cannabis taxes. Oregon has a very clear structure as to what how their marijuana tax revenue is distributed

40% Common School Fund

20% Mental Health Alcoholism and Drug Services

15% State Police

10% Cities for enforcement of the measure

10% Counties for enforcement of the measure

5% Oregon Health Authority for alcohol and drug abuse prevention.

Sources: https://www.bizjournals.com/portland/news/2018/08/28/oregon-cannabis-tax-revenue-hits-record-high.html

https://www.oregon.gov/olcc/marijuana/Pages/FAQs-Taxes.aspx

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Where does Alaska’s cannabis tax revenue go?
Tags: Marijuana, Cannabis, Alaska, Tax

Alaska voted to legalize marijuana in 2014 but it took nearly two years for them to open their first dispensary. The tax revenue generated from legal marijuana sales in Alaska is much lower than other states as there were only 5 dispensaries open in 2017. As the number of dispensaries in Alaska grows so too will the tax revenue. At the moment this tax revenue is being spent on the social services department, public safety, and fighting domestic violence, which are all great causes. In the future, Alaska may decide to fund more public services with their increased revenue.

There are only 5 open dispensaries within the state which is why the tax revenue is much smaller than other states.

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11 things that cost you more money than a school construction bond
By: Bethel Schools
Tags: Marijuana

Bethel voters will once again head to the polls next month to decide the fate of a $443 million school construction bond that would build three brand new schools and renovate and expand six other schools.

It goes without saying that $443 million is a lot of money, but thanks to the recent changes in how the state funds public education, local school-related taxes in 2019 will still be lower for Bethel taxpayers than they were in 2018 — even if our bond is approved.

But building schools is expensive. There’s just no getting around that. And, if the February bond passes, Bethel property owners will be footing the bill for those new and expanded schools.

The bond would cost taxpayers $1.42 per thousand dollars of assessed value. For the average single-family home in Bethel ($297,021), that would mean $35 a month, or $1.17 a day.

Asking people for their hard-earned money is never an easy decision for a school district, and our school board doesn’t approve any bonds without first thinking long and hard about how it will affect taxpayers. That said, there are many ways to spend $1.17, and spending it on the future of our children is never a bad move.

Here a just a few other ways Americans spend their money: