After booming first year, recreational cannabis market shows no signs of slowing down – Michigan Radio

While COVID-19 has put many folks out of business, one industry is booming: cannabis. It’s been nearly one year since Michigan dispensaries were allowed to start selling marijuana for recreational purposes. And for many Michiganders, it came just in time. As people look for a way to take the edge off 2020, recreational cannabis sales are closing in on half a billion dollars.

Dustin Walsh, senior reporter at Crains Detroit Business, has been reporting on the industry’s impressive growth. He said that while many industries are looking at substantial losses during the pandemic, cannabis sales  have increased every month since last December. Walsh said this was possible, in part, because the government categorized the marijuana industry as an essential industry all the way back in March.

But the pandemic has brought changes to how dispensaries interact with their customers. Marie King is with Bloom City Club, a dispensary with locations in Battle Creek, Burton, and Ann Arbor. Usually, she says, people like coming into the dispensary to talk to the staff about their options, but curbside pickup has altered that relationship.

“The level of care that we were used to, it was still there, but we had to be more creative about how we were able to help people that way,” King said.

Bloom City Club was a medical marijuana dispensary before recreational cannabis was legalized. The shift to a recreational market has meant adjusting to new regulations throughout the distribution chain. For example, the state enacted a tracking system which follows cannabis from seed to sale. That’s increased oversight, and subsequently, prices.

“Cannabis is one of those interesting products that it kind of just sells itself, and people are willing to pay for it what they feel it’s worth,” King said. “Definitely, the taxation has been a little bit of a sticker price shock for a lot of people. Because you know, nobody’s really expecting to be pay for an excise tax of 10% on top of a 6% sales tax.”

The extensive oversight and expensive licensing process has made storefront openings in Michigan slow— slower than states like California or Oregon. Walsh said this helped stop a overflow of product onto the market when legalization occurred.

“A slow rollout makes everyone antsy, but because the licensure was slow and because the capital requirements were sort of high, it made everything move a little slower and it didn’t flood the market. I think there is going to be a point probably in the next year or two, probably close to two years, where you are going to see the saturation of the market. And that’s when you’ll see consolidation,” Walsh explained.

Access to capital for people of color looking to start a cannabis business has been a focus for many in the marijuana industry. Though opening a shop still requires a significant amount of capital, Walsh said there are banks that are looking to fund Black-owned dispensaries. 

As more municipalities in Michigan allow dispensaries to set up shop, King expects that sales will continue to rise. Detroit’s city council just voted to allow businesses to apply for licenses and set up within city limits. But while Michigan has been carrying the weight for cannabis distribution in the Midwest, she says, that isn’t going to last forever. Eventually, those extraordinary sale reports will plateau, but probably not until neighboring states also legalize medical and recreational use.

This post was written by Stateside production assistant Catherine Nouhan. 

Get 30% Off Plain Naturals CBD – JamBase


Warning: sprintf(): Too few arguments in /var/www/vaporizers.pl/wp-content/themes/blogito/inc/template-tags.php on line 319

Plain Naturals CBD manufactures high-quality CBD oil, CBD isolate and CBD creams and hemp creams that are available for both retail and wholesale distribution. JamBase visitors can save 30% off their order by using the code “jambase30” at checkout.



Why choose Plain Naturals CBD?

A recent study conducted by the U.S. Food & Drug Administration of 147 CBD products found a significant percentage mislabeled, misidentified or otherwise provided wrong information about the ingredients. The FDA study stated that the advertised amount of CBD in products was often either inflated or under-reported, and nearly half contained a measurable amount of THC. According to the FDA:

“Of the 102 products that indicated a specific amount of CBD, 18 products (18%) contained less than 80% of the amount of CBD indicated, 46 products (45%) contained CBD within 20% of the amount indicated, and 38 products (37%) contained more than 120% of the amount of CBD indicated.”

With many options to purchase CBD, one of the most difficult aspects is finding a reliable and trustworthy manufacturer. Transparency is essential to know exactly what you’re getting when you purchase CBD, and PlainNaturals.com removes all doubt by publishing lab test results of their CBD products on their website.

Plain Naturals CBD undergoes rigorous testing at a DEA/FDA-approved, certified laboratory. Their CBD products are analyzed to produce profiles that clearly indicate the concentration and potency for 11 different cannabinoid compounds. Those test results allow you to try Plain Naturals CBD products with the security of knowing exactly what you’re getting each time you purchase. Visit Plainnaturals.com to read those test results, as well as learn more about CBD, get food recipes and more.

Whether you’re new to CBD or consider yourself familiar with its benefits, Plain Naturals provides everything you need to buy with confidence. No gimmicks. No tricky wording. No hidden labels. Just Plain Naturals high-quality CBD oil, CBD isolate and CBD creams and hemp creams that you know you can trust.

Shop the Plain Naturals CBD online store to find the right type of product to fit your needs. There you’ll find high-quality CBD Oils, CBD Isolate Powder, a variety of CBD & Hemp Creams and Lotions, CBD Gummies & Edibles, CBD Patches, Essential Oils & Aromatherapy as well as Wholesale CBD Oils and Bulk CBD Oils options. Use the discount code “jambase30” for 30% off your order (good through 12/31/20).



[Sponsored Content: Plain Naturals CBD is a JamBase client.]

4 Top Health Benefits of CBD – The Yucatan Times

As more and more states recognise the health benefits of cannabinoid compounds found in the marijuana plant, so too is more research being done about the effect of daily use of the primary compounds Cannabidiol (CBD) and Tetrahydrocannabinol (THC). The use of CBD, in particular, has been in the spotlight in recent times as this compound is not psychoactive, unlike THC, which makes CBD a far more appealing option for those people looking to capitalise on the health benefits of the marijuana plant without feeling the sensation of “getting high”.

Should you live in one of the 33 states that allow for the use of low THC, high CBD products, these are some of the benefits you could enjoy.

Pain Relief
Research has shown that products high in CBD have significant pain relieving properties due to the role of the compound in the human endocannabinoid system (ECS). The ECS is responsible for a host of regulatory functions in the body which includes appetite, sleep, pain, and the immune system response. Studies have shown that CBD can bind to the same neuroreceptors found in the brain that form part of the ECS, which results in a reduction in chronic pain.

CBD is so effective in the reduction of pain and inflammation that it is now being used to treat degenerative diseases such as arthritis and multiple sclerosis.

Reduced Anxiety and Depression
According to a study by the NIMH, an estimated 17.3 million adults in the US suffer from at least one major depressive episode each year, with the World Health Organisation calling depression the “single largest contributor to disability worldwide”. While traditional treatments for anxiety and depression come in the form of pharmaceutical drugs, new research has shown that CBD oil can have a major impact on both.

CBD’s anxiety-relieving properties can be linked to the compound’s ability to act on the brain receptors for serotonin (the happy hormone) which regulates both social behavior and mood. Through this action, users have reported feeling less stress, fewer symptoms of stress such as increased heart rate, and fewer symptoms of post-traumatic stress disorder.

Better Skin
CBD has long been lauded for its anti-inflammatory properties; however, recent studies have shown that this effect not only assists in pain management, but it is also responsible for the production of oils in the sebaceous glands that keep the human skin hydrated. Acne is the result of these glands overproducing their oils so, by acting on these glands and reducing their output, CBD can lead to a reduction in acne in chronic sufferers.

Better Heart Health
Studies have found that CBD may have a positive effect on the heart and circulatory system, with many users reporting that taking CBD resulted in a lowering of blood pressure. Scientists theorise that this reduction in blood pressure is most likely due to the anti-anxiety and stress relief properties of the compound.

CBD is fast becoming the golden child of the marijuana compound family thanks to its ability to ease the symptoms of a huge range of common health issues. Whether users choose to take their dose of CBD in capsule form, through the use of a vape pen such as those available at Direct Vapor, or in an edible with a measured dose of the compound, they are sure to feel some of the positive effects.

Studies on the effects of CBD are ongoing, and there is much research to be done regarding the efficacy and safe use of marijuana extracts. We have listed just some of the confirmed benefits of one of the compounds found in marijuana, but more therapeutic uses for this plant are sure to be found as more information is collected.

Comments

comments

Canna Hemp CBD is now offered Nationwide Through Mr. Checkout’s Direct Store Delivery Distributors. – Press Release – Digital Journal

Canna Hemp CBD is now offered Nationwide Through Mr. Checkout's Direct Store Delivery Distributors.

„Canna Hemp™ produces consistent quality in all our of our products. Made in the USA, all natural, non GMO ingredients and lab tested.”

Canna Hemp™ is a collection of premium quality hemp-CBD products created to deliver fast-acting effects. We are tirelessly dedicated to consistency, quality and safety. Our hemp-based products are thoughtfully crafted with high-quality, organic botanical ingredients and are free of synthetic chemicals, preservatives and additives, and are third-party lab tested for quality assurance.

1933 Industries’ Canna Hemp CBD Products Receive National Exposure Through Mr. Checkout’s Distributors

Add Canna Hemp CBD products as part of a wellness lifestyle

Canna Hemp wellness line is pleased to announce that its CBD products will be distributed by Mr. Checkout’s network of independent distributors throughout the US.

Canna Hemp’s extensive line of wellness products first came to market in 2017, when the benefits of cannabidiol (CBD) as part of a wellness regime were just gaining traction. CBD has since moved into the mainstream and CBD infused products are increasingly gaining market acceptance because of the potential benefits and wellness attributes of CBD.

High-Grade CBD and Real Cannabis Terpenes Makes Canna Hemp Stand Above the Rest

CBD is one of over 100 cannabinoids naturally occurring in the hemp plant and is currently being studied for its potential health benefits and many uses. However, not all CBD products are created equally. Canna Hemp stands as a trusted brand for its unwavering commitment to using only quality organic botanical ingredients that are free of synthetic chemicals, preservatives and additives. Canna Hemp infuses its products with high-grade, 100% all-natural hemp-derived CBD sourced from regulated suppliers in the US.

Canna Hemp also includes real cannabis terpenes from the hemp plant. Terpenes are aromatic compounds that are found in a multitude of flowering and fruiting plants in nature and when combined with CBD, create what is known as the “entourage effect”. TerpFX is Canna Hemp’s proprietary blend of real cannabis-derived terpenes developed to mimic profiles of cannabis strains. The synergy between cannabinoids and terpenes provides for proprietary formulations aimed for specific effects.

Expertly Formulated for Consumers Seeking Natural Wellness

People across all age groups, from the young to the young-at-heart, utilize Canna Hemp CBD products to enhance their lifestyles. From reducing discomfort and enhancing quality of life, Canna Hemp’s fast-acting products deliver desired effects. With Relief, Calm, Sleep, Euphoria, Focus and Natural, Canna Hemp products come in a variety of formats, such as topicals, creams, vapes, elixirs, capsules, dabs, and lip balms.

Better Absorption Means Better Consistency and Effectiveness

Canna Hemp employs state-of-the-art nanoparticle technology to maximize its bioavailability (meaning total absorption in the system). Nano-sized particles ensure that the CBD is quickly absorbed for consistent results every time.

Lauded as Best Topicals

Canna Hemps flagship products, the Canna Hemp Relief Cream and Canna Hemp X Recovery Cream are recognized as best topicals in the market. Canna Hemp X is a pure CBD isolate, sports recovery cream for athletes and amateur sports enthusiasts. With menthol, capsaicin and the essential oils of eucalyptus and peppermint, the relief creams provide hot and cold therapy for those leading active lifestyles.

Transparency and Accountability at the Core of Canna Hemps Values

Canna Hemp provides an experience that’s exceptional, effective, safe and consistent in quality. In order to deliver on this promise, the Company adheres to the strictest standards by ensuring that all products are triple and third-party tested for safety with test results embedded via QR codes for traceability. Hemp-derived CBD contains less than 0.3 percent of THC, which means that products are non-psychoactive, without the experience of a ‘high’. Continuous testing across the production chain ensures compliance with federal laws.

Try the Full Line of Premium CBD Canna Hemp Products 

Canna Hemp – our original diverse lineup of CBD products, including, topicals, creams, vaping products, elixirs, capsules, dabs, and lip balms

Canna Hemp PLUS – available in 2000 mg

Canna Hemp X – pre and post workout recovery sports products

Affordable Pricing, Made in the USA, THC-Free, Made with Organic Oils, 100% Vegan, All Natural and Non-GMO, Lab Tested

Media Contact
Company Name: 1933 Industries Canna Hemp CBD
Contact Person: Clay Sword
Email: Send Email
Phone: 702-417-8239
Country: United States
Website: https://mrcheckout.net/canna-hemp/

CBD oil: effects, applications & benefits – The Yucatan Times – The Yucatan Times

Today we are going to talk about CBD oil and CDB effects and benefits. As we have seen, more and more people are using CBD products in cosmetics, like medication, for relaxation, etc.

Besides, we can now buy the best CBD oil on JustBob and other recognized and legitimate websites. It is a great way to access high-quality and safe CBD products online.

What is CBD Oil?
CBD oil is one of the many CBD products now available on the market. It contained the best cannabinoid from the cannabis plant: cannabidiol – or CBD.

Hemp and CBD cannabis distributed by the best European companies is industrial hemp. It is characterised by the maximum THC content of 0.2%. However, other hemp varieties have a higher percentage of THC.

The good thing about industrial hemp is that it has more massive amounts of CBD. It means that it is ideal for making CBD oil.

How is CBD oil made?
The industry has developed various manufacturing processes over the years, but the most commonly used is extraction with carbon dioxide. The active ingredients are removed from the hemp plant. The plant is exposed to heat and high pressure.

With alcohol extraction, high CBD values ​​are achieved, with the THC value remaining remarkably low.

What are the pros and cons of CBD oil?
Like other products, CBD oil has advantages and disadvantages. First of all, this includes good tolerance. As already mentioned, there are no known side effects so far.

Besides, CBD oil is versatile and can alleviate symptoms of various diseases. Ultimately, the oil can be dosed individually.

Benefits
Well tolerated
Versatile in use
Can be individually dosed

Disadvantage
taste

One of the negative points is taste. Some users describe the CBD oil as inedible. But this can be masked by mixing it with water.

Besides, CDB is not legal everywhere! It is therefore critical to transport CBD oil as it is not allowed in some states. Consequently, you should find out precisely whether it and your destination country are legal before travelling.

Last but not least, you have to make sure that you do not buy less than CBD oil 5%. These can often be contaminated, but you can generally assume that oils from Europe such as JustBob.shop, are of good quality.

In many cases, CBD oil has relieved the patient’s pain. Besides, CBD oil has no known side effects, which makes it very attractive compared to conventional painkillers.

With CBD oil, THC content must not be higher than 0.2%.
Anything above this percentage is considered illegal and can have legal consequences. If you buy CBD oil in drugstores or online shops such as JustBob, you will notice that these oils usually have less than 0.2% THC content.

In the UK, CBD is not considered a medicine, but a dietary supplement, which is why it can generally be bought everywhere.

How do I take CBD oil correctly?
You have different options to take CBD oil. The most important thing to keep in mind is that you shouldn’t eat or drink for fifteen minutes after taking it.

The simplest method is to put a drop of CBD oil under your tongue. If the taste is too unpleasant for you, you can also take the drop-in combination with water.

CBD oil purchase criteria
You can use these factors to compare and rate CBD oils. Before you buy CBD oil, there are various aspects that you should consider.

In the following paragraphs, you will get to know the different factors that will help you to choose the right CBD oil.

The criteria by which you can compare different CBD oils with one another include:
Bottle size
Origin
Ingredients

In the following paragraphs, we will explain to you what is essential for the individual criteria.

Bottle size If you are buying CBD oil for the first time, you should use a small bottle. The size of the bottles usually starts at 10 milliliters. If you are convinced of the CBD oil 5%, then you can of course also buy larger bottles, as these are cheaper in the ratio.

You shouldn’t buy the biggest bottle straight away because, just because of the price, instead try it out first.

You will find the next larger bottle with 30 or 50 ml. If you need more, you will also find 250 ml bottles from some brands.

1. Where does the CBD oil come from?

As already mentioned, the quality is strongly related to origin. Therefore, you should think carefully about whether you want to spend a little more money on the CBD oil.

The legal situation in the UK, for example, is relatively strict. Therefore, you can assume that the products with German or Swiss origins are of excellent quality.

2. CBD oil’s ingredients

CBD oil has various ingredients in addition to the CBD. Some of the trace elements and minerals used are listed in the following:

magnesium
iron
calcium
zinc
manganese

Suppose you are not sure about the quality and ingredients. In that case, you can look at the quality seals and only choose a supplier that gives you full information about the CBD oil you are purchasing and a company that supplies all legal certificates and authorizations.

Online CBD shops such as JustBob.shop are the best suppliers in terms of quality and delivery time. Check the website and make your choice from the best CBD oils and a massive selection of CBD flowers.

Comments

comments

Cyber Monday Charlotte’s Web CBD – The Daily Beast

CBD can really take the edge off these days, but you gotta find what works for you. The best part of a brand like Charlotte’s Web is that they have something for everyone. And we’ve tried a lot of it, from the tinctures to the gummies. Right now, you can get 30% off sitewide with the code CYBER30 and try out some CBD for yourself. It may be the key to getting through the holidays this year.

30% Off Sitewide

Use code CYBER30

Let Scouted guide you to the best Cyber Monday deals. Shop Here >

Scouted selects products independently and prices reflect what was available at the time of publish. Sign up for our newsletter for more recommendations and deals. Curious about a specific product or brand? Let us know! If you buy something from our posts, we may earn a small commission.

Cyber Monday Charlotte’s Web CBD – Daily Beast

CBD can really take the edge off these days, but you gotta find what works for you. The best part of a brand like Charlotte’s Web is that they have something for everyone. And we’ve tried a lot of it, from the tinctures to the gummies. Right now, you can get 30% off sitewide with the code CYBER30 and try out some CBD for yourself. It may be the key to getting through the holidays this year.

30% Off Sitewide

Use code CYBER30

Let Scouted guide you to the best Cyber Monday deals. Shop Here >

Scouted selects products independently and prices reflect what was available at the time of publish. Sign up for our newsletter for more recommendations and deals. Curious about a specific product or brand? Let us know! If you buy something from our posts, we may earn a small commission.

Pot stocks pop ahead of U.S., UN votes on cannabis legalization – MarketWatch

Activists advocated for marijuana reform last year in Washington, D.C., where the House is expected to vote this week on federal decriminalization of the drug.

AFP via Getty Images

Cannabis stocks continued their post-election rise from the ashes Monday, ahead of votes this week regarding decriminalization in the U.S. House of Representatives and at the United Nations.

Just after markets closed early on Black Friday, the House announced a scheduled vote Wednesday on the Marijuana Opportunity Reinvestment and Expungement Act. The bill, known by the acronym MORE, would decriminalize marijuana on the federal level and make other changes, though it is unlikely to become law soon because the U.S. Senate has not shown willingness to act on it.

The United Nations Commission on Narcotic Drugs will begin meeting on Wednesday as well, and is expected to vote on World Health Organization recommendations related to cannabis. The most prominent suggestion is to remove cannabis from a list of illegal narcotics, which — while largely symbolic — could help with legalization efforts in several countries, especially regarding medicinal marijuana.

Those votes follow legalization of recreational-cannabis sales in four additional states on Election Day, which means that one-third of Americans now live in states that have fully decriminalized the drug. Stocks in marijuana companies have been flying higher since the election, after getting pummeled amid difficulty reaching heights expected after Canada federally approved legalization in October 2018.

Aurora Cannabis Inc. ACB, +11.55% ACB, +10.99% jumped as much as 19% in Monday trading, despite a report that it plans to close its Aurora Sun facility in Alberta, a major growing operation that had been hailed repeatedly by former executives. “Aurora had indicated … that the headcount and production right-sizing was behind them, but these additional layoffs at Aurora Sun imply further unfavorable/unanticipated shifting in supply/demand equilibrium,” MKM Partners analyst Bill Kirk warned in a note passing along the news Monday morning.

Sundial Growers Inc. shares SNDL, +96.07% had more than doubled at times in Monday trading, after the company extinguished some debt. Sundial was valued at more than $1 billion in its initial public offering, but shares have withered on the open market as the company struggles to live up to its promises.

Other large Canadian cannabis companies — which, unlike U.S. pot companies, are allowed to trade on major U.S. exchanges because the drug is legal nationwide in Canada — also enjoyed strong trading sessions Monday.

Tilray Inc. TLRY, +6.35% gained as much as 12.8%, Aphria Inc. APHA, +8.40% APHA, +7.59% gained more than 12% at its peak, and cannabis-pharmaceuticals company GW Pharmaceutical PLC GWPH, +7.99% increased in value by more than 7%. The ETFMG Alternative Harvest ETF MJ, +4.07% and Horizon Marijuana Life Sciences Index ETF HMMJ, +3.21% both were more than 3% higher at times in Monday trading.