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Industrial Cannabis: Uzbek-French Company to Launch Cultivation Project

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The cannabis market is ever-growing despite facing many hurdles including the stigma attached to it. With countries worldwide currently battling with the deadly coronavirus, the cannabis industry has undergone its share of struggles. This included the delay of multiple decisions and plans for the expansion of cannabis businesses. However, Uzbekistan took a step towards the case of industrial cannabis.

Dunyo News Agency has reported that ABM ORGANICS LLC, an Uzbek-French business, has planned the launch of its cultivation project with cannabis. They have planned to launch this project in the Khorezm region.

The company has planned to focus on the technical hemp, in the cannabis cultivation project that they are planning to launch. The technical hemp is a kind derived from the plant species, Cannabis sativa

The agreement held 2 authorities

  • Marafon Finlex The Uzbek company
  • Opal & Co – The French company

The two distinct companies signed the agreement for the organization of this company. Following this agreement, they became stockholders, on July 12.

Moreover, the signing ceremony which consisted of the respective documents of the organization was held in Paris, France. The new company is now on the hunt for further growth points in the current economy.

Furthermore, the Uzbekistan government had declared previously, the growth of cannabis for industrial purposes. However, in the declaration, they included the addition of specific drug content in cannabis.

The drug content was up to 0.2% tetrahydrocannabinol. This specific substance can be addictive, which is why the Uzbekistan government set a specific ration, in their previous declaration.

Industrial cannabis in the green economy

Researchers believe for cannabis to potentially be a major part of the green economy in the upcoming years, with the inclusion of France. The cannabis plant has its own benefits and requires almost 5 times less hydration in comparison to cotton. Moreover, studies acknowledge cannabis as a wasteless material.

The growth and cultivation of such plants can be a state monopoly in Uzbekistan. Many of the types of cannabis are currently used in paper, pharmaceutical, light, and several other industries.

COVID-19 in Uzbekistan

Recently, the government announced its plans for the reopening of many businesses during the mid of the previous month. The businesses included cafes and restaurants, kindergartens, and clothing retailers. Moreover, the government announced the resumption of bus routes in a few provinces. These provinces had a lesser risk of the coronavirus, with the least active cases.

Moreover, the government divided the nation into color-coded zones

  • Red
  • Yellow
  • Green

The government labeled these 3 regions as such on the basis of the rate of the active COVID-19 cases. However, even these regions entertained the resumption of soccer games and domestic tourism. Nevertheless, the declaration allowed no spectators to be present during soccer games. The government also resumed domestic flights and train transportation.

The Uzbekistan government had started to ease its lockdown restrictions to a large extent last month. This allowed many businesses to resume their operations as well. A month later, they took a step towards the cultivation of industrial cannabis, to expand the present cannabis industry.

While this is still an initial stage and much is yet to be done, it is a big step towards the eventual launch. The government has dealt with the coronavirus situation and lockdown very effectively.

The global lockdown has effectively caused an economic shutdown worldwide and Uzbekistan is no exception. However, many reporters also consider this launch to be a potential attempt to regain the lost economy. If so, many news agencies are waiting for the next step of this project and what it could mean for the cannabis industry in Uzbekistan.

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Cannabis

The Legalization of Cannabis across USA; What’s the Real Reason Behind?

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Are we ready to enter the cannabis sector?

People of color are striving for decades and are discriminated against for their usage of drugs. Often facing issues of penalties and illicit charges finally is the time for them to have justice and help sustain the United States economy. The economy has suffered adversely. Back in December global cannabis stock started rising up.

The news is in the air and making a huge difference in the lives of many people. It’s a well-deserved and remarkable recovery for the cannabis industry. 2021 has definitely given them a lot of good news to survive and cheer up! This industry is fighting for a very long time for its due rights and during 2020 several events gave it the due edge. Now it seems like wrestling has resulted in the achievement of existential identity and is already set for any storm. There are several reasons for the change in the direction of the wind. Let’s recap the reasons and have a look at this major shift.

Pandemic

As flagged Covid 19’ has forced the state to legalize cannabis. It is not only the effort of Democrats but also the hole in the budget which is persuading them to take this step. This step will lead towards new employment opportunities and will help families that have lost their means of earning at the hands of the pandemic. It is estimated that billions in terms of tax will be generated to help the state and its citizens.

End to Racism

The people of color will finally get justice. They have been facing racism and discrimination issues since the war on drugs. You must know the history of the plant marijuana- which is believed to be an agent in stopping the immigration of the Mexicans from entering Texas. Initiatives taken by States: The November elections opened up a way for many cannabis companies to open up across New Jersey, Arizona, Montana, South Dakota, and Mississippi. The total addressable market expects more than 16 million new customers. According to studies, very soon, every one-in-three American citizen will live in a state where cannabis adult usage is legalized.

Also Read: Legalization of Cannabis by the Democrats in New York

Expansion of other industries

The best for last is cannabis acting as a catalyst in the generation of revenues. Not only is this legalization of cannabis acts as a fuel to empower other industries. Boris Jordan, Chairman, Curaleaf declares that New Jersey was the tipping point and when New York and Pennsylvania go recreational, 80% of the US population will have access to adult-use cannabis.

Helping Hand to Neighboring States

It will also help the neighboring states like Canada to invest in States. The leaders will look forward to trading. Constitutional developments and laws will help US operators and industrialists to trade around core positions. As soon as the legalization of cannabis takes place, multiple fund managers start to buy cannabis in the US which is of high quality. Despite the fact, there is a lot of supply of cannabis and capital raises we still need to remind ourselves that more laws need to exist. Like they have come up with the laws and decree for the growth, cultivation, supply, and possession laws they need to have laws for child-resistant packaging marijuana foods.

Also Read:Mexico Takes A Shift to Create World’s Largest Cannabis Market

What to expect now?

Once the US companies linked with cannabis are able to access capital to fuel and pump their growth and once they list on US exchanges, then the voyage will be underway. This asset will prove to be a new socio-economic engine for the US. The historic end to the war on drugs is on its way. A revolution is coming and good days for many!

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Medical Marijuana Leads to Poisoning in Kids

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Medical Marijuana

The Bottom Line

Giving medical marijuana to patients suffering from HIV or AIDS, seizure disorders, and in case of chronic pain is trending. In addition to this, it is given to patients suffering from severe nausea. Also, it is proven beneficial for patients who lose their appetite for treatment such as chemotherapy. The chemical inside medical marijuana is active compared to the marijuana plant.
There had been several issues getting under the light once the news of cannabis legalization came into existence. This has for sure brought smiles to millions of faces. Proper laws and decrees have been passed for the possession, cultivation, and growing of marijuana but what is the major concern right now is that there are no laws for the child safe storage of medical marijuana products.

ALSO READ: Medical marijuana to reduce pain and improve workforce in older Americans

The Complete Story

After the Democrats winning the position they have pushed a way forward to the matter of legalization of medical marijuana in the States. Although there are many states in America where it has been legalized but the debate is still in the air about other states.
Dated, 14th January many states have made it legal in the District of Columbia. There are specific medical conditions allowing patients to use medical marijuana legally. Examples of such conditions include patients with cancer, AIDS, and severe nausea. Also, patients suffering from seizure disorders and high-intensity pain can legally use medical marijuana. However, the Federal Government doesn’t take any legal action against people holding it but it still is illegal under federal law.

What’s Next

Now coming to the major concern legal or illegal, if you have marijuana in your household, it is accessible to small children. The recent study suggests that children swallowing marijuana are serious and need hospitals to save their lives. As medical marijuana has a high intensity of an active chemical termed tetrahydrocannabinol– abbreviated as THC compared to marijuana plant or dried marijuana.

Reports by researchers in Colorado

Kids are curious and they have a habit of imitating adults. There is a very high chance of bad news if you don’t take the proper precautions of keeping medical marijuana at your homes. Cookies, brownies, and candies contain medical marijuana. Such items usually don’t have any warning labels that would at least remind the adults to keep such things out of reach. Researchers in Colorado have recently reported an increase in the number of cases after swallowing its products. The children’s ages vary from 8 months to12 years old. After these cases, evaluations suggested that medical marijuana cakes, brownies, and candies belonged to the grandparents, parents, friends, or baby sitters coming to their places.

Symptoms in Children

The most common and noticeable symptoms that left the parents suspicious were excessive sleeping, lightheadedness, and having trouble maintaining balance. Yet, some children faced breathing issues-leaving them with low oxygen saturation. Fortunately, enough none of such cases expired and they recovered without the persistence of any health issues.
The most common symptoms were excessive sleepiness, lightheadedness, and trouble walking. However, a few became too sleepy and their breathing slowed down. That could mean the child doesn’t get enough oxygen. Fortunately, none of these children died. They all recovered without permanent health problems.

ALSO READ: Two Faces of Marijuana

The True Story

This happened which warned the parents in the state to take special care of their children. As at this particular time there are no regulations for child-resistant packaging of medical marijuana products.
Report says that a 3-year-old child ate a cookie made with his grandfather’s medical marijuana. The trouble for the family came into notice When the child became very sleepy rushing to an emergency room was the only option. Several blood tests and medical procedures as per the protocols took place but the urine sample declared the presence of marijuana. The child was admitted to ICU for further treatment and procedures.

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Common Ground Found For Legalizing Weed

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Common Ground Found For Legalizing Weed

Perhaps one of the most overlooked and avoided affairs in the Senate is the legalization of weed. In the past, some laws did become a reality. These include house bill 3703 that makes slight changes to Texas’ low-THC medical program.

We’ve seen about two dozen bills that address decriminalization of medical cannabis, allowing hemp cultivation, and outright legalization of carrying and using weed.

The responsible marijuana policy director Heather Fazio believes that this current push for legalization is something that was never seen.

The house bill 447 by El Paso Democratic Representative Joe Moody would permit adults in the state of Texas to purchase and subsequently possess up to 2.5 ounces of cannabis. Moreover, 15 grams of this could be in concentrate form. The bill also allows people to grow up to 12 plants at their private residence.

ALSO READ: Mexico Takes A Shift to Create World’s Largest Cannabis Market

The bill also argues that this will facilitate in curbing the illegal movement of cannabis as prices will go down significantly and everyone related to the trade will have their records sorted.  Bill 447 also allows for retail operations under a license and a 10% sales tax.

The current suggestion will allow most of the money to go to the Public-School Teachers Fund. Another such senator, Roland Gutierrez, D-San Antonio, brings bill 140 to the table that essentially offers an alternate way to distribute the money.

Texans for Responsible Marijuana Policy Director Heather Fazio believes that economic factors may also weigh heavily. She thinks that over a billion dollars per budget cycle will be added to the national exchequer. All this can be put to practice by legalizing a product that people are already using. Right now it is largely unregulated and is outside the tax net.

Increased Acceptance in People Regarding Weed Use and Distribution

The suggestions are to be a part of the constitution through amendments. Fazio sees more bipartisan common ground in their efforts related to decriminalization and penalty reduction. Even extremely conservative members like Rep. Steve Toth, R-The Woodlands, wish to reduce the penalty for small-scale possession to a class C misdemeanor. This would make small-scale (under two-ounce) possession ineligible for jail time.

All these movements will allow Texas’ medical cannabis program to grow further. Senator José Menéndez, D-San Anton­io, has been a long-standing fan of the medical use of weed. Each time the house was in session since 2015; his SB 90 would allow physicians to prescribe cannabis products to their patients. This is a suggestion for any level of THC concentration, and for whatever diseases that the doctor sees fit. Menéndez believes that his bill will allow a medical doctor the right to decide about what’s the best medical treatment for them.

ALSO READ: Dealing with Insomnia While Overcoming Weed Dependency

Medicinal Usage of Weed

Menéndez is vouching for medicinal use of weed. He thinks whoever does abuse the use of weed will continue to do so with or without this legalization. Menéndez further says he wants to open weed usage up for senior citizens and law-abiding citizens who need pain relief. He wants weed legalized for people who wouldn’t dare touch weed except for medicinal purposes.

According to Menéndez,  SB 90 could easily pass in both chambers but is unsure about the take of the governor or lieutenant governor on the matter. He expects both to be on the same side as most other Texans, who have vouched for open trade and legalization of weed.

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