With the increasing popularity of cannabis products, consumers are stated to become intrigued regarding their options. The most common cannabinoids of cannabis are cannabidiol (CBD) and tetrahydrocannabinol (THC). CBD can be from both cannabis and hemp. Hemp and cannabis are both derived from the Cannabis sativa plant. It is legally required for legal hemp to contain THC content of either 0.3% or less. Moreover, CBD is typically sold in different forms such as oils, gels, supplements, gummies, extracts, etc.
THC, however, is the primary psychoactive compound present in cannabis and is responsible for the “high”. While THC is usually consumed using smokable cannabis, it also exists in the form of edibles, oils, capsules, tinctures, etc. CBD and THC, both, interact with the endocannabinoid system of the body, producing different effects.
CBD Vs. THC
Both of these compounds consist of exactly the same molecular structure i.e 20 hydrogen atoms, 21 carbon atoms, and 2 oxygen atoms. However, a small difference is the arrangement of atoms which is responsible for the difference in the effects on the body. Moreover, the chemical composition of both CBD and THC is similar to the endocannabinoids of the body. Hence, interaction is possible.
This interaction further impacts the release of neurotransmitters in the brain. These neurotransmitters are the chemicals that are responsible for the transfer of messages between different cells, and play significant roles in immune function, stress, pain, and sleep, etc.
Irrespective of the same chemical structures, both compounds display different psychoactive effects. While CBD is psychoactive, it isn’t in the same manner as THC and doesn’t cause any high. However, research has shown that CBD can potentially help with anxiety, depression, and seizures.
THC, in the brain, binds with the CB1 (cannabinoid 1) receptors, and produces a sense of euphoria, commonly known as a “high”. CBD hardly binds to CB1 receptors, and weakly, if it does. CBD requires THC to be able to bind to CB1 receptors, and can consequently lessen many of the psychoactive effects of THC, like sedation or euphoria.
Both CBD and THC have similar medical benefits, and aid alleviation from several similar conditions. CBD, however, does not cause a high or sense of euphoria, unlike THC. Hence, owing to this effect, many people prefer CBD over THC.
Epidiolex was approved by the FDA in June 2018, which was the very first medication (only with prescription) to also contain amounts of CBD. This medication is usually used to treat rare kinds of epilepsy which can be difficult to control.
CBD further helps in treating several other conditions such as – inflammation, seizures, pain, psychosis, nausea, mental disorders, inflammatory bowel disease, anxiety, migraine, and depression.
THC on the other hand helps in treating conditions such as – muscle spasticity, pain, insomnia, glaucoma, nausea, low appetite, and anxiety.
There is constant evolution seen in the laws in the United States regarding cannabis. CBD, however, comes under Schedule 1 drugs, according to federal law. Hemp was taken off from the Controlled Substances Act. But, the DEA (Drug Enforcement Administration) and FDA (Food and Drug Administration) still consider CBD under Schedule 1 Drugs.
33 states with the inclusion of Washington D.C, have declared cannabis laws, which legalizes higher levels of THC in medical cannabis. Medical cannabis would still need to be prescribed to the patient by a licensed physician. Additionally, many states have legalized the use of recreational cannabis and THC. CBD should be conveniently accessible in states where cannabis is legalized for both, medical and recreational purposes.
However, before shopping for any CBD or THC products, it is necessary to check your state’s laws. Possession of cannabis products in a state where it is not legalized would result in legal penalties.
Several cannabinoids such as THC and CBD can be seen on drug tests as they are stored in the fat of the body. Moreover, they can also be seen after several days or weeks of use. However, not all drug tests are able to successfully detect CBD. But, many CBD-sensitive tests are also used. Most of the basic drug tests will screen chemicals associated with THC, which is why marijuana or THC might also be detected.
Similarly, hemp also has the ability to produce THC, which can result in a positive drug test for THC, despite not having used it. Furthermore, many products claiming to be THC-free may still contain traces of THC. So, it is preferable to not use CBD or THC products if you are going for a drug test.
Large doses can also be used for CBD. Research shows that side-effects with CBD are usually the result of interactions between CBD and any other medications that are taken by the individual.
THC can be responsible for temporary side effects – increased heart rate, dry mouth, coordination problems, red eyes, memory loss, slower reaction times, and anxiety.
CBD can be responsible for side effects – fatigue, appetite changes, dizziness, weight loss, and diarrhea.
However, none of these compounds are lethal. High THC use can result in concerning psychiatric effects long-term. ut, there is a significant lack of conclusive evidence that would show that cannabis may cause psychiatric disorders such as schizophrenia.
CBD and THC are the most popular cannabinoids. Cannabis and hemp produce both of these cannabinoids. While there is a higher concentration of THC in cannabis, CBD is present in a higher concentration in hemp. On average, cannabis strains currently contain 12% THC. While there may be small amounts of THC in CBD oil (due to its presence in the hemp plant in lower levels), it is a federal requirement for it to be no more than 0.3%
Both compounds are medically beneficial and safe. However, the drug-to-drug interactions between these compounds, and the induced side effects, must be focused on. It is advisable to discuss this with your doctor or any licensed cannabis clinician, to explore different products, etc. In states where medical cannabis is legal, it will also be easier to find a licensed CBD clinician to talk to.
The cannabis industry is diverse and consists of cannabis in different forms. Check out different recipes, product reviews, and research-based articles, to understand the benefits and limitations associated with cannabis.
Investment In Marijuana Industry May Become Easy After Renewing UK Legislation
Investments in the marijuana industry and businesses relating to cannabis have been limited as the UK legislation has limitations. The investment policies for investing money in the national cannabis business and international weed activities differ for every country. The authorities of a country or state determine and formulates laws according to their locality needs, demands, and requirements.
RizeETF Founders Progress in Marijuana Industry
The company Rize Medical Cannabis and Life Sciences Ucits ETF has been doing business regarding marijuana, reports Ft. Since 2016 the company is focusing on potentials of earnings through legal, medical marijuana sales. Rize ETF has also analyzed the possible increase in profits if the investment is permitted in the marijuana industry.
The company RizeETF lists funds in the Stock Exchange of London. Funds are also listed by companies in Deutsche Borse Xetra and Six Swiss Exchange. Rules for the stock investments for the marijuana industry vary. There is a greater chance of many countries legalizing cannabis business activities. TrackInsight elaborates that funds for marijuana increase from $792 million to $4.4 billion.
ALSO READ: Update: Cannabis Stocks Reaching New Heights
According to current legislation regarding the marijuana industry or business and investment, investment in marijuana involving business can occur only if it is legal. The marijuana business has to be legal at the national level within the United Kingdom and outside as well.
Changes in Investment Trends and Marijuana Usage
In the last year, investment trends in the legal marijuana industry and businesses have increased immensely. Those who have been investing in the industry were able to generate huge profits.
Extraction of various chemicals from different parts of the cannabis plant is possible. These various types of chemicals are classified depending upon their properties. In November, it was made clear by the European Court of Justice that cannabidiol is not a narcotic. The UN Commission on Narcotics Drugs also removed marijuana from the list of detrimental drugs.
Changes are occurring on an international level, and chances of increasing progress of the marijuana industry are high as new legislation is under discussion. The passing of a bill suggesting the legalization and decriminalization of marijuana in New York has already occurred. In New York, people are free to use marijuana for medicinal and recreational purposes.
The US Secure and Fair Enforcement Banking Act is yet to pass. When the House of Representatives passes this bill banking industry will provide services to people of the marijuana industry. Hence, cannabis business owners will handle cash easily and get sufficient investors if they require investment.
ETFs Earnings and More
The investment in the marijuana industry is made by cannabis-focused ETFs. There are many alterations in business trends involved; companies are exploring new markets for the sale of their medicinal and recreational cannabis products.
Many companies that were have signed agreements have canceled them as one of the companies begins to invest in recreational cannabis products. Recreational marijuana products are still to get approval from the international market to get maximum profits in this field. However, investing in it will be highly profitable when national legislation regarding allowing cannabis for recreational use will get approval. The ETFs owning the marijuana industry will generate sufficient income as long as their business activities are legal on a national and international level.
Some people have concerns that ETFs that have been investing or have to experience in investing in the marijuana industry are generating maximum capital. According to Morningstar’s Lamont, ETFs shall not invest in retail setups as they will not generate sufficient income. Lamont recommends investing in sectors including the marijuana industry and cannabis-related businesses. But he suggests that cannabis retail investment is risky.
Minnesota Cannabis Legalization Bill All Set For Approval
The cannabis legalization bill has been represented in different states, including Minnesota. The House of Minnesota has been having discussions regarding the subject. After considering every aspect of the bill, the House will soon pass and implement it, reports Kare11.
Cannabis legalization and decriminalization bills in different states aim to enhance the flourishing of the marijuana industry. Other objectives include providing equal opportunity to people of color and minorities to start their businesses. Possession of a certain amount will not lead to imprisonment as possessing marijuana up to a certain amount for individuals above 21 will be legal.
The Efforts of Minnesota Legislature for Passing the Bill
Legislatures have been trying for many years to formulate and pass a bill allowing recreational or adult use of marijuana. On Thursday, the Minnesota House will vote regarding approving the legislation. If the cannabis legalization bill gets approval on Thursday, then people in Minnesota above the age of twenty-one can easily use marijuana for recreational purposes.
DFL leaders to legalize marijuana have been making efforts and presenting bills. But there has been a delay in passing these bills due to the opposition of Republicans. According to Rep. Winkler, the opposition does not want to vote and is not interested in passing the cannabis legalization bill in any way. Winkler further adds that opposition is the main reason for delaying legalization and decriminalization of cannabis.
According to state DFL leaders, every detail about the cannabis legalization bill has been discussed. The topic of discussion includes the possible outcome of passing the bill and the benefits it will generate for Minnesota. Leaders are highly hopeful that the bill will get approval during a House meeting scheduled for Thursday at 4:30 p.m.
Why Republicans Oppose Cannabis Legalization Bill in Minnesota
Republicans highlight that they intend to manage the budget without increasing taxation. Paul Gazelka is the Republican Senate Majority Leader. According to Paul, improving the economy by safely reopening schools and business activities is better than legalizing cannabis for people.
Besides, Republicans have doubts and concerns regarding the side effects of the recreational use of marijuana. Republicans elaborate their perspective by saying that adverse effects to recreational use of cannabis have appeared in some areas. Thus, according to them, it is better to learn more before passing the cannabis legalization bill in Minnesota.
But Rep. Winkler disagrees with the Republican point of view. According to Paal Carter, the tobacco and alcohol industries are working effectively within regulations, and the cannabis industry will work likewise by following cannabis legalization and decriminalization bills.
Winkler clarifies that the formulation of the cannabis legalization bill represented in the House took over two years. After completing research, talking to law enforcement, and considering public health officials’ opinions and concerns, the bill formulation occurs. Thus, there is nothing to worry about, and the bill is all set to pass.
Possible Changes that Can Occur After Approval of Cannabis Legalization Bill
The passing of this bill will enable the legal business and sales of cannabis products. The cannabis legalization bill will result in anyone above the age of 21 purchasing cannabis for recreational purposes from an authorized marijuana retailer. Record-keeping regarding cannabis users and the demand or sales of cannabis products will be easy.
After passing and putting the marijuana legalization bill into action, Minnesota will be able to earn large tax revenues. Other states that legalized marijuana last year were able to obtain huge tax revenue. According to the Tax Foundation, Colorado and Washington successfully earned more than $300 million through tax revenue from legal cannabis activities.
Twelve of the House committees have approved of marijuana legalization, and the final decision will occur on Thursday after the vote.
Marijuana Cultivation in Colombia by Flora Growth Becomes Public
Marijuana cultivation within any state has to be per the cannabis laws of that state. In Colombia, some cannabis cultivators can grow cannabis outside within a certain area.
There are chances of the introduction of new cannabis reforms at the federal level. Investors are making their moves while observing the situation closely as their profit or loss depends upon new regulations. Marijuana cultivation usually takes place in indoor greenhouses. In Canada, mostly cannabis companies cultivate marijuana through the controlled environment in greenhouses.
Some cannabis companies have their set up in Canada and different states of the United States. Production units can be found in Canada and the US, and the types of methods used for cannabis cultivation can vary.
Marijuana Cultivation Methods and Cultivation Preferences
Cannabis cultivation can occur inside greenhouses and outside in an open environment if temperature and other growth factors are appropriate for its growth. Moreover, marijuana cultivation in the outside or open fields is cost-effective and requires traditional methods for this process of cultivation.
Indoor greenhouse cultivation of cannabis occurs in a controlled environment, and it yields the best marijuana product qualitatively and quantitatively. Latest technologies are used in this method of cultivation. The cost for marijuana cultivation using new technologies is much greater than the cost-spends at its growth using traditional methods.
Some growth tricks used to increase the yield of cannabis include topping, super cropping, flushing, low-stress training, and monster chopping. Other cutting methods can increase the growth of marijuana.
Flora Growth is a cannabis company in Colombia, USA, and has headquarters in Toronto, Canada. The company cultivates marijuana for producing its medicinal products via traditional methods.
In Colombia, cannabis companies do not quickly get a license to register and grow marijuana within companies’ premises. According to CEO Luis Merchan, Flora Growth has the approval of the Colombian government for legal marijuana cultivation, and cultivating a gram of marijuana dry flowers costs only 6 cents. The cost of indoor cultivation of cannabis in North America is about $1.25.
Despite being cost-effective, companies are not racing to get Colombian government approval as these companies prefer cultivating marijuana closer to home.
Alterations in Flora Growth Shares
Investors are not interested in investing in Flora Growth, and company shares continue to fall up to four percent, reported CNN. Traditional marijuana cultivation costs remarkably low, and Flora Growth can generate high-quality cannabis-based foods. Flora Growth also formulates beauty products using cannabis.
The increase in share prices is slow, and the company is still small as compared to other companies involved in the cannabis business on an international level. Flora Growth has to make many efforts to improve its share price and grow to become a bigger cannabis company like Altria, Tilray, and Canopy.
Flora Growth has made a public offering to make mergers or sign contracts with other companies and investors. The CEO is confident that Flora Growth will successfully increase its share prices. The company can earn sufficient earnings by selling good quality products produced at low cost as it uses traditional marijuana cultivation methods.
The company has a partnership with Miss Universe of 2014, Paulina Vega. As a result of this partnership, the launch of Flora Growth cannabis-infused topical products has become easy and effective in increasing stock prices. The skincare cannabis product formulation occurs by extracting CBD and other non-psychoactive phytochemicals from the cannabis plant. The extraction of components occurs by utilizing plants grown through traditional marijuana cultivation methods.
According to Merchan, Flora Growth has remarkable cultivation facilities, infrastructure, marketing team, cooperative working team, and efficient sales team across the globe.
Changes in reforms to marijuana cultivation, sales, possession, and other marijuana activities will increase competition, and Flora Growth has the potential to flourish in a highly competing environment.
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