For those of you whose summer beach reading list does not include New York’s Marijuana Regulation and Taxation Act (MRTA), Green Light Law Group has some advice. Here are some FAQs about the process for obtaining a recreational cannabis license in the Empire State. Future FAQs will examine specific adult-use license types and rules concerning equity applicants. (Editor’s Note: Parentheticals cite to the relevant MRTA sections (§ = section).) Q. Can I apply for an adult-use (recreational) marijuana license in NY?As of the date of this posting . . . not yet! By the way, the types of adult-use licenses, listed in this June 16, 2021 posting by the Office of Cannabis Management, will be the subject of a later blog post. Note the disclaimer in the posting: Please be aware, before the OCM can issue adult-use cannabis licenses several foundational tasks will need to be completed, including appointing the Cannabis Control Board, issuing and adopting regulations, hiring and training OCM staff, and creating [a] process for issuing, accepting and awarding licenses. Q. When will I be able to apply?The timeline is not yet clear. Unfortunately, further details are not yet available as key regulatory positions have not yet been filled. Q. How do I apply for an adult-use marijuana license in NY?By submitting a written application to the Cannabis Control Board containing “such information as the board shall require.” (§ 61) Helpful, right? The Office of Cannabis Management website is a courteous “check back later” sign. So, for now, we will be textualists and look exclusively to the MRTA statute for answers. Q. How much does an adult-use marijuana license in NY cost?We do not know yet. (As a frame of reference, NY Medical Marijuana applicants are required to submit a $10,000 non-refundable fee and a refundable registration fee in the amount of $20,000. Hemp retail and distributor permit fees are much cheaper.) Here is what we do know:
Q. What type of business entity should I use for my NY cannabis application?This is a key business decision with no one-size-fits-all answer: we recommend that you consult with a cannabis attorney. MRTA contemplates that an applicant may be an individual, sole proprietorship, partnership, LLC, or corporation. Q. What information is required for my license?The statute offers the following non-exclusive list:
(§ 62.2) Applicants will be required to affirm that their application is true under penalty of perjury (§ 62.3). Q. How does the Board decide who gets a license?The statute once again offers a non-exclusive list of selection criteria that the Board will consider. This includes whether the applicant is an equity applicant or has set forth a plan for benefiting communities and people disproportionally impacted by enforcement of cannabis laws). (§§ 64.1.a, f and j) Other notable criteria include:
Q. Will I need to disclose investors and finances in my NY cannabis application?Yes, you can expect that applicants will be required to provide financing statements (§ 62.2) The Board will implement “rules and regulations that are designed to . . . establish application, licensing, and permitting processes which ensure all material owners and interest holders are disclosed . . .” (emphasis added) (§ 13.3.h) And sprinkled throughout MRTA are restrictions on having “direct or indirect financial or controlling interest” in multiple licenses and in multiple types of licenses. For example, section 69.5: “No adult-use cannabis processor shall have a direct or indirect interest, including by stock ownership, interlocking directors, mortgage or lien, personal or real property, management agreement, share parent companies or affiliated organizations or any other means, in any premises licensed as an adult-use cannabis retail dispensary or in any business licensed as an adult-use cannabis retail dispensary . . .”). Q. Can I transfer or sell my NY recreational cannabis license?Yes, subject to future rules and regulations. Generally:
Specifically, section 67 addresses transfers of 51% or more in ownership and organizational structure:
Other sections in MRTA address the transferability of equity licenses (§ 87.7) and hemp licenses (§ 100), but details are still lacking. Q. If I have a NY hemp license will I have priority getting a cannabis license?No. Q. If I have a NY medical marijuana license, will I have priority getting a cannabis license?No. The statute authorizes the Board “to grant some or all [medical marijuana companies] the ability to obtain adult-use cannabis licenses” (§ 39). However, according to this Office of Cannabis Management publication, a registered organization (i.e. medical marijuana company) may not have an interest in or own any other adult-use license type. Instead, medical marijuana company can get adult-use license privileges through a “registered organization adult-use cultivator processor distributor retail dispensary license” or a “registered organization adult-use cultivator processor distributor license.” The timing and manner of a registered organization’s participation in the adult-use market will be determined by the Cannabis Control Board. Q. Do I need to be a NY resident to get a cannabis license?Individual applicants must have “a significant presence” in New York. Corporations and other legal entities must:
(§ 3.1) Via https://cannatechtoday.com/how-to-apply-for-a-new-york-cannabis-license/
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One of the industry’s most anticipated award shows, the Emerald Cup, is joining the Green Street Festival in Downtown Los Angeles May 13-14, 2022. The 18th annual award show will be judged by some of the most respected names in the industry. Headlining the entertainment are Juicy J & Friends, Gary Vaynerchuck, and Harry Mack. “The road to the Cup ends at the Green Street Festival,” said Emerald Cup founder Tim Blake. Founded in 2003, the Emerald Cup is the longest running cannabis celebration in the world. Attendees can purchase all varieties of cannabis products, brands can submit goods for judging, and everyone can enjoy live music and entertainment. “Cannabis will always be the headliner,” said Rama Mayo, founder and creator of Green Street Festival. More than 7,000 attendees are expected in historic downtown Los Angeles. This year’s judges are cannabis experts, journalists, scientists, celebrities, and connoisseurs hand-selected by Emerald Cup leadership. Notable personalities include Guy Rocourt, The Dank Duchess, Swami Chaitanya, Roger Volodarsky, and Ophelia Chong. Becoming an Emerald Cup judge is one of the industry’s highest honors, as the recognition brands receive from the awards can propel a company from obscurity to global recognition. After hours of scrutiny, judges will offer fans and followers an inside look at the judging experience through enlightening commentary on social media. More than 50 categories will be judged during the event, including flower, pre-rolls, solventless concentrate, hydrocarbon, cartridge, edible, alternative cannabinoid, tincture, and topical. “This triumphant return of our annual live awards show is our first entrance to Los Angeles and we could not have chosen better partners for this debut,” said Blake. “Rama and his team at Green Street have created a powerful ecosystem and they’ve done a wonderful job in creating a platform of engagement for us to shine.” The competition entry window is currently open and the deadline has been extended to Friday, February 11 at 4:00 pm PST. Via https://cannatechtoday.com/academy-awards-of-cannabis-back-for-its-18th-year/ When it comes to cannabis and youth consumption, it’s an issue that needs to be taken seriously. No responsible cannabis consumer is pro-youth use except in doctor-approved medical situations. With that being said, when cannabis prohibitionists make alarming predictions regarding a spike in youth cannabis consumption rates due to looming cannabis reform, it needs to be called out. The fact of the matter is that a regulated industry is better than an unregulated industry from the standpoint of youth consumption rates. After all, no one checks ID in an unregulated system. Cannabis reform, particularly medical cannabis reform, has swept the European continent in recent decades. What did that do to youth consumption rates in Europe? Comprehensive StudyA team of researchers in Sweden recently analyzed data of self-reported cannabis use from Belgium, Czech Republic, Germany, Italy, the Netherlands, Norway, Portugal, Slovakia, Spain, Sweden, and the United Kingdom. The data spanned a period from 1994 to 2017, with researchers specifically focusing on the data involving younger consumers. “Cannabis policy varies greatly across European countries, but evidence of how such policy impacts recreational cannabis use among young people is conflicting. This study aimed to clarify this association by investigating how changes in cannabis legislation influenced cannabis use,” the study stated. The methodology used was rigorous, as detailed by the researchers: “Available data on self-reports of recreational cannabis use among individuals aged 15-34 years was retrieved from EMCDDA. Information on cannabis policy changes was categorized as more lenient (decriminalisation or depenalisation) or stricter (criminalisation, penalisation). “Countries that had implemented changes in cannabis legislation or had information on prevalence of use for at least eight calendar years were eligible for inclusion. We used interrupted time-series linear models to investigate changes in country-specific trajectories of prevalence over calendar time and in relation to policy changes,” the study said. The researchers concluded that “findings do not support any considerable impact of cannabis legislation on the prevalence of recreational cannabis use among youth and young adults in Europe.” Likely True in Other RegionsA study of this scope and size has not been conducted on other continents. However, it’s likely a safe bet that if/when similar studies are conducted on other continents that it will yield similar results. Medical cannabis is popular all across the globe, and thankfully, more and more lawmakers are getting on the right side of history and creating safe access in their jurisdictions. As previously mentioned, a regulated system is better at keeping cannabis out of the hands of people that are not of legal age compared to an unregulated system. This is not to say that no cannabis will ever escape the regulated system. Just as alcohol and tobacco are purchased and/or provided to youth illegally, the same will be true of cannabis and any other regulated substance. Via https://cannatechtoday.com/what-impact-does-reform-in-europe-have-on-youth-consumption-rates/ When you first think of RAW rolling papers you might think of a natural and more sustainable rolling paper that has organically grown into a worldwide brand. But, when you peel the layers back, you realize that the brand and the attitude of the company is a direct reflection of its leadership and more specifically Josh Kesselman. Since starting RAW officially, Kesselman has amassed a massive social media following and has become a true steward to the planet, while being entertaining as hell. His rolling papers are made from natural hemp fibers and don’t contain chemical whiteners like other brands, but that is just the beginning of his story. He walks the walk and talks the talk when it comes to sustainability and not wanting to “piss acid on the planet.” He is vegan. He gives millions to charities and feels guilty that he isn’t doing enough. But when you look deeper, it’s not just his customers and the planet that he cares about. It’s the people in his life that he prioritizes and makes the focus of his passion. He takes care of his employees and even paid people to stay home during the pandemic. He takes calls from his daughter in the middle of an interview; as any dad should. And he gets emotional when he talks about making the world a better place and genuinely loving people. So sit back and relax. Maybe grab a beverage or roll your favorite smoke and enjoy this fascinating conversation with one of the true enigmas and innovators of the cannabis industry known for his papers of hemp and heart of gold. Cannabis & Tech Today: You started collecting rolling papers when you were a younger man, inspired by your father’s interest in paper. At what point did you realize you had a real authentic brand with RAW, and not just a business or a passion?Josh Kesselman: Wow. No one’s ever asked that before. It’s a tough one … I was out at a club with some friends and the server suddenly turned to me and said, “Oh my God, you make Juicy Jay’s? I love those!” Now that’s 2000, 2001, somewhere around there. So, that’s the first time when I realized that maybe I have a brand — people actually recognized the product. C&T Today: Your brand was based around sustainability before it was even cool. What does that word mean to you and why do you think cannabis was late to the party with sustainability?Josh Kesselman: Cannabis still is late to the party. It really is. That part really hurts me … I just don’t want to leave the planet worse than I got it. It’s just the way that I think, which is you’re trying not to take more than you give. RAW wasn’t a product I was making for the masses. I was picturing my friends and my friend’s girlfriend. She was this blonde girl with hippy dreads and I was trying to make a product they would really love. They were the headiest smokers I knew. [They] knew every aspect of it. I wanted to make a paper for them that I could just picture them connecting with and truly loving, to fit within their way of living. That’s what RAW was really about.C&T Today: There’s so much fakeness out there on social media. Your authenticity, I think people gravitate towards it. Can you talk a little bit about your social following and what it means to you?Josh Kesselman: I freaking love having such a strong social media following. When I go outside and walk down the block and someone recognizes me and they come to me like, “Oh my God, your videos changed my life. They made me so happy.” You know how happy that makes me? I went to listen to a TED Talk about some guy saying we should get rid of money and basically replace it with happiness points. Did you make people happy? Did you uplift? I was like, “Oh my God, that would be epic.” Because that’s something I would strive for. Social media means a lot to me. I want to be able to talk to people. I want to be able to get positive messages out in the world and uplift them, because I know that when I go, the only thing left behind that anyone will remember me by are those social media videos. C&T Today: So, would you say you’re a tech guy?Josh Kesselman: I love tech because it makes things better. But I also watch very carefully, just like with our products, I’m looking for evolution not devolution. I hate it when I witness devolution. I’ll give you an example. That microphone I use for my phone, the older generation of it was a simple cordless mic. They made this great cordless mic. It was great. I bought three of them. They came out with a new version. The new version was not as good. It was smaller, used different channels, but it was truly not as good to the point where I was like, “Is this just me, or is everyone hearing a hiss?” “We’re all hearing a hiss.” Okay, let’s switch out the mic. Nope. Still hearing a hiss. Back to the old one. Two years later, they came out with another new one. Again, not as good as the original. And you’re like, “Okay, who’s running this company? Are you guys using your own products? Who’s fucking this up? How can you not notice that your old ones are so much better than your new ones? And it isn’t like you’re charging less. So, what’s going on here?” I run into this often with products. I judge products very harshly. C&T Today: Do you like toys? Cars, motorcycles, things like that?Josh Kesselman: I’m glad you asked. When I was a kid, we didn’t grow up with much money, but one day someone gave me a toy Magnum PI Ferrari.I thought it was the coolest thing to add to my collection of toy cars … I never thought I’d get to a space where I could afford a Ferrari. Years later, I got the money under the belt, the whole thing, so you’re living the dream. You go and you buy yourself I got the Ferrari, I get in and I’m driving and I can’t forget thinking to myself, “This would’ve been so cool when I was 17. Fuck.” Then when COVID hit, I took the Ferrari out for a quick drive and I felt like a douchebag. I was like, “I got friends out there that are losing their jobs, that are really in trouble, and I’m out here driving a Ferrari.” So, I sent it to the dealership and said, “Guys, I can’t do this anymore. I don’t want to drive this. It’s not making me happy.” You know what I have fun in? I have fun in my Prius. We wrapped it, we made it color changing. I did rims on it. My Prius is badass. And now, because my daughter took my badass Prius — Coco, it’s okay. I love you. But because she took my Prius, I got a Tesla. The coolest thing about the Tesla is the technology. Especially if you’re tired and you’re driving, it has an autopilot that keeps me in the lane and it makes me feel better and safer and I don’t get all paranoid when I’m driving. That made me so happy. It actually made me happier. C&T Today: How do you feel the cannabis industry views you as an influencer?Josh Kesselman: Well, I think they all think I’m crazy, which I am. I think we all are. You have to be, to be me …I think the industry appreciates how far I’ve brought it and how passionate I am about what I do. I think they look up to me in that regard as to being like, “Wow, he really brought it, man.” The reason I can talk so quick and strong about my products is because I love them and I enjoy making them, and we invent them together, me and the team. So, you really care about it and you really like it and you get excited about it. I think they look at me as someone who really brought my part of the industry to the highest level it’s ever been. C&T Today: Nobody’s going to say that you don’t love what you do. Let’s talk about pre-rolls. How has the explosive popularity of pre-rolls affected how RAW operates?Josh Kesselman: It has affected us a lot in terms of our cone business. We have to make so many cones for them, and we can never make enough …There’s lots of testing involved, a lot of production. But in the end, I believe our cones are the best there are. I’ve seen lots of people try to find ways to make them cheaper and easier — like spiral wrapping, which makes them, in my experience, burn wonky. Not terrible, just not as good as a normal cone. And I’ve experienced so much corner cutting that we refuse to do. But in addition, one thing that drives me crazy with pre-rolls is that the overwhelming majority are not filled properly. It’s an uneven experience. I’ve been to LA and bought some pre-rolls, we’d light it up and you can’t even draw from it. Or then you light one up and it just completely runs. It’s a shitty, uneven experience. You don’t know what you’re going to get. I think a lot of people making pre-rolls don’t truly understand where the cone comes from and understand how to fill the cone. They don’t have enough experience. They see a cylinder and the mindset is, “How can we fill this?” Without a thought process of, “How can I make it burn better? What’s the best way to fill this? How can I make an actual burn closer to what people get when they fill it correctly themselves?” C&T Today: You’re a perfectionist. You are an enigmatic, lovable entrepreneur, and you also are really big into giving. Can you talk about RAW Giving?Josh Kesselman: Yes, I can. The problem for me with RAW Giving — let me start just from my own shame — is that I don’t believe I give back anywhere near enough …Once you start getting blessed with tremendous success, well, with that success comes great responsibility. I believe that whenever you receive a huge reward, like tremendous success, you then have to stop and listen. The universe is talking to you all the time, you just don’t hear it. And many people are deaf to it. I would just try to open myself up to say, “Okay, what is wanted? What am I supposed to do? Because I know when you receive, you’re supposed to give. What am I supposed to give?” And one way or another, the universe would guide me on these incredible journeys where I would end up through just sheer happenstance in what I call the gates of hell, which was going through the gates of Mother Teresa’s Hospital for the Destitute and Dying in Addis Ababa, Ethiopia. You go through that experience, witnessing people dying in front of you, and you’re experiencing something that you never thought you would actually experience, to the point where you have to go into what’s called “warrior mode.” Warrior mode is, you have to turn off all your emotion and just function. Your job today is to take these dead people, the person who has passed away, onto this gurney. Other people are going to take the gurney away. Your job is to take them off the bed, the next person comes and you put them on that same bed, without changing the sheets, so that they can die on that same bed. This is what you’re doing for the next few hours, Josh. Just do it. Don’t think. Don’t say a word, because if you think one word — you’re gone, man. Suddenly you realize, maybe there’s a way you could help, and maybe there’s a way you can make this better. That sort of mentality, that experience there, led me to learn they had a water problem. They couldn’t wash the sheets. They didn’t have water to wash the patients. They just had enough water to drink. So, we did a water project with them … It turned out they had a real problem that needed to be solved with some tech and ingenuity and we were able to pull it off. The impact I got to witness with that project was tremendous. When I started really giving back, the universe spoke to me through a friend of mine … I went and had a sit down with Bryan Adams to ask him, “Bryan, I know you give back. You’ve got the Bryan Adams Foundation and all this stuff. What should I do?” He said “Josh, you’re not going to believe this, but I have a website I was going to use called RAW Foundation. We should use it to give back. That led me down a really cool journey, now called RAW Giving, which is not a 501(c)(3). We don’t take money from anyone, we just give from the heart.” The plan was to continue to give back, not take money from anybody to the extent possible, and just try to inspire and uplift people through sharing with them the feeling of giving. Because when you give back, you get this incredible warm feeling. It’s programmed into our human DNA. Everybody gets it. You just have to trigger it. It’s addictive, because it feels so good when you help people. So, the plan was essentially to give back in what I believe is an incorruptible way. Where it’s like, “Hey man, you come onto RAWgiving.com. You want to buy a skateboard, or a snowboard, or whatever cool stuff we got on there. 100% of what you spend goes directly to the charity. “We don’t even take off the cost of goods or anything like that. Blah, blah, shipping, blah, blah, blah. Nope. You just make a donation to Wine to Water, one of our really close friends, for let’s say a hundred bucks, and then you get this thing. I send it to you for free, man. I even sign it if you want me to. Here it is.” Why are we doing this? I’m not gaining anything from this, except I’m doing the right thing. I’m helping you get that feeling of, you just gave a hundred bucks to Wine to Water. You know what that just did, man? You just saved a human life. You just saved a life. Here’s a signed tray. Thank you. We’re trying to create a movement, a philosophy, something that’s real, that feels so good to them that they get addicted to it the way that I am, and that they give back too. C&T Today: Where do you see the cannabis industry in five years? Josh Kesselman: I believe we’ll have some form of federal legalization that’ll make more cannabis legal than the type that’s already legal. I believe that strongly.I hope that the industry somehow remains as fractionated as possible. I don’t want there to be any big players. I want there to be a zillion small players, so that humans really have a chance to succeed. [I’d like to] keep it small and keep it where we don’t have to work for each other, but we all just work for ourselves — entrepreneurship can take root and do its thing. That’s what I would love to see more than anything. I’m scared we’re not going to get there, because the people that are putting money in the politician’s pockets are not the small farmers, it’s the big ones. C&T Today: You have a lot of empathy, clearly, and I believe empathy is a superpower. Where do you see yourself in five years, and what brings you hope?Josh Kesselman: I don’t think I’m going to change much over the next five. I’d like to believe that I will.I know I’ll get better at everything. I’m always learning. I’m always fucking up, always making mistakes, but I try to learn from each one of them. I’m hoping that we’re going to pull off some incredible RAW pre-rolls that are going to help people experience it in a better way. I want to be more of an advocate … Someone who, either through our actions or other methods, really helps to elevate the entire industry towards mutual success with a lot of people, rather than king of the mountain … I create my products through empathy, and everything I do is really very much through empathy. When I smoke with you, I’m trying to understand how to better it. I’m trying to understand your needs, trying to think of every little detail of how you roll and how you smoke. And that’s where the next product comes from and that’s the process of RAW Innovation. If you want to know the big secret, I’ve had companies sue me trying to get to our secrets, it’s trying to figure out how I can make it better for you. Not doing it through a fake way, “What can we do to make it better for this group of testers?” No, you got to hang out and session with somebody. You got to really hang out and chill and understand them and connect with them. And you can’t do that in a panel. It’s got to be done through your friends and just people, humans. C&T Today: Josh, it’s been a pleasure. I think our audience is going to get a deeper understanding of what’s behind RAW and — Josh Kesselman: I don’t want them to have a better understanding of what’s behind RAW.I want them to ideally, if you came this far, I’m hoping that I helped you. I’m hoping that I helped the reader. I’m hoping that somehow, even if it’s just a little bit, I elevated you or caused you to do something that betters the world in some awesome way. C&T Today: Well, to everybody reading, let us know. Let us know and we will let Josh know if you felt elevated, if you felt touched, and if you felt inspired from this interview. This article first appeared in the fall 2021 issue of Cannabis & Tech Today. Read the full issue here. Photos by Michael Rodriguez/RandomLyfe Via https://cannatechtoday.com/rolling-with-the-best-raw-founder-josh-kesselman/ Canada made history in 2018 when it became the first G-7 nation to legalize cannabis for adult use, and the second country on earth to pass a legalization measure, only behind Uruguay. Unlike Uruguay, Canada immediately implemented a nationwide adult-use industry that was open to everyone of legal age, regardless of their residence status (or lack thereof). In many ways Canada has served as an unparalleled cannabis public policy experiment, with international lawmakers and regulators watching from afar to see if legalization is working. According to new data out of Canada, a major metric used to gauge cannabis legalization’s success is indicating that legalization is having a positive impact. Regulated Sales DataOne sign that legalization is succeeding in any given country, including Canada, is if regulated sales are competing in a meaningful way with unregulated sales. Unregulated cannabis sales will never go down to zero in Canada, or anywhere else that legalizes cannabis for adult use. After all, unregulated cigarettes and alcohol are still sold all over the place to some degree despite being legal. According to data published in the journal Drug and Alcohol Dependence, 58% of consumers surveyed by researchers with the University of Waterloo, School of Public Health Sciences indicated that they purchase cannabis through regulated sources versus unregulated sources. It is worth noting that not all of the remaining 42% necessarily purchase cannabis from unregulated sources. It’s likely some of that subgroup either legally cultivated their own cannabis or had cannabis legally gifted to them by friends and/or family. Continued ImprovementThe results of the previously cited study are inline with results from another study which also found that the majority of consumers in Canada purchase their cannabis via regulated sources. Both the new study and the previous study found that the regulated sales numbers improved compared to the year preceding each study. As time goes on, the data should continue to improve year over year until it reaches a plateau. As previously mentioned, it will never go down to zero. It will be very interesting to see where the data plateaus, and how Canada’s eventual market share for regulated sales compares to other nations as more countries move towards implementing their own regulated adult-use industry. Via https://cannatechtoday.com/new-data-further-indicates-legalization-is-working-in-canada/ A newly published study authored by University of Chicago microbiology and cancer experts has illuminated several anti-COVID actions of CBD. Using data from the National COVID Cohort Collaborative, the authors of the study found that a population of 1,212 patients with a “history of seizure-related conditions” who were taking 100mg/ml CBD had a significantly lower COVID infection rate (6.9%) than a control group consisting of patients with similar histories but no CBD use (8.9%). On a cellular level, the mechanism proposed by the researchers to explain this discrepancy involves the suspected CBD-supported activation of an enzyme (RNase) that breaks down ribonucleic acid (RNA), or as well as interferons, which are pro-inflammatory compounds the body uses to respond to viruses. The RNase component is especially prudent considering COVID-19 is an RNA virus, which means it embeds itself into RNA (single-stranded molecule that encodes proteins from genetic information), blending into the existing RNA created by our own DNA. It gets even more technical, but the point is that cannabidiol’s demonstrated ability to aid the body in the breakdown of RNA has apparently proven harmful to the spread of the coronavirus throughout human cells. The study designers went on to theorize that “CBD could be acting by blocking viral entry to host cells,” hinting at the need for more research to more accurately pinpoint the specific antiviral mechanisms CBD uses to deter COVID-19. The authors noted that this effect of CBD on the spread of the virus can also take hold in the “later stages” after infection. We’ll continue to report on this vein of research as more studies are published. To learn more about the CBD and COVID-19, feel free to consult this contemporary finding we recently reported on. The post New Study Suggests Anti-COVID Potential of CBD appeared first on The CBD Insider. via The CBD Insider https://thecbdinsider.com/news/new-study-suggests-anti-covid-potential-cbd/#utm_source=rss&utm_medium=rss&utm_campaign=new-study-suggests-anti-covid-potential-cbd The cannabis industry owes a lot to the LGBTQIA+ community. Not only has the community continuously fought to be seen authentically, it has led an uphill battle for the cannabis plant to be seen as well. Noteworthy LGBTQIA+ advocates for cannabis came at a time when the streets were alive with gay liberation protests, anti-war movements, and the fight for racial equality. During the AIDs epidemic of the 1980s and early 90s, gay activists like Dennis Peron and Kiyoshi Kuromiya recognized the healing properties of cannabis and what it could do to help in the treatment of suffering patients. LGBTQIA+ activists were beyond their time, seeing potential in the plant that we’re reaping the benefits from now. Let’s take a look at a few influential, modern-day LGBTQIA+ pioneers who have made a name for themselves within the cannabis industry and are creating a more prosperous environment for others. JJ McKay: Founder and Publisher of The Fresh ToastJJ McKay is the founder and publisher of The Fresh Toast, one of the largest consumer-facing cannabis media companies in North America. By delivering reputable medical cannabis news through their partnership with Skipta, The Fresh Toast attracts 1.7 million health care professionals each month. Their reliable reputation awarded them press credentials during the 2020 presidential election. McKay quickly took note of the cannabis industry’s straight, male-dominated demeanor. “I think there’s more work to be done,” McKay said. “When you go to meetings, 80% of the industry is still white, straight males of a variety of ages and a variety of backgrounds.” That being said, McKay has noticed the industry evolving in other ways. “When we launched at the end of 2016, 50% of the meetings would be your classic grower that’s moving into legalization — people who are fighting [for their] dream and fighting the man,” he said. “Then it evolved into more people who see it as a legitimate industry and a way to establish themselves in an industry that’s going to be very profitable. “I’m usually hosting the conference or doing things like that — and we have such a big voice, a million people see our content every day, so people are nice. But, it’s definitely still a cliquey, old boys thing. “I think the easier pathway is getting more women involved in the industry, because then that opens up a certain level of tolerance that also opens up a certain level of inclusiveness,” said McKay. Brie Brewer: Founder of Proud MaryThe Proud Mary Network was created to support queer voices within the cannabis industry through cannabis education by LGBTQIA+ writers, hosting networking events, and advocacy work. Brewer, who founded the organization in 2019, said the idea came together when noticing the lack of queer representation at an MJBizCon event. “I can’t tell you how disappointing it is to see all of these conventions and all of these keynote speakers and there’s such a lack of representation, specifically for trans individuals,” Brewer said. “I want to change that. I want to put us all in the limelight. I want to give everyone a chance to speak their truth and speak their voices and have a platform to do so.” While Brewer is the mastermind behind Proud Mary, she has a lot of support from those within the industry. Proud Mary is heavily involved with popular drag queens Ducky and Patsy. The network has collaborated with LGBTQIA+ filmmaker and founder of cannabis consulting firm Synergy, Johann Balbuena. Brewer has future plans to make Proud Mary into a nonprofit, as well as to create a job board that filters for queer-friendly companies. “People reach out to me specifically to tell me how important this is and how much of an impact I am making. And you don’t know unless people check in, right? It’s so heartwarming and it feels like I’m doing something good,” Brewer said. Danielle Gray and Brande Elise: Founders of UnoiaDriven by their passion to inspire and educate people about mental health awareness and CBD wellness products, entrepreneurs Danielle Gray and Brande Elise founded their Atlanta-based CBD lifestyle and product company, Unoia. The couple started out originally just selling CBD honey, but their business has since expanded to also selling CBD agave, fruit gummies, CBD topicals, CBD peanut butter pet treats, and CBD pet tinctures. There are many aspects within the company that mirror their own life. Both Gray and Elise were former college athletes, so they know firsthand how tinctures can provide relief from physical pain. Their CBD oil drips were also flavored after Georgia peaches to reflect the state in which they reside. Gray emphasizes how important representation is for them to be an honest brand. “We’re representing a Black voice, a female voice, a queer voice, and also a voice from the South, which is a very different voice as well, coming from a place that’s very conservative and anti-cannabis and all those things,” Gray said. “It’s interesting in itself. There’s a lot of fun perspectives we have on cannabis.” Gray and Elise value transparency within their company, as well as in their own lives. When viewing their website, customers can view an organized and detailed display of the Certificate of Analysis for each product they offer. “That [transparency] was a big deal for us, and there’s a couple of reasons why. One is just being — and this is our experience as not necessarily LGBT, it could be too — but just being Black, people don’t always think that you have everything together. So with that, you have to make sure it’s just super together,” Gray said. “We want to make sure we’re giving the people that we support and that buy from us, that they know exactly what everything looks like, where everything comes from, that you’ll be safe, and you’re okay. You’re okay in the world of Unoia.” This article originally appeared in the fall 2021 issue of Cannabis & Tech Today. Read the full issue here. Header image courtesy Danielle Gray and Brande Elise.Via https://cannatechtoday.com/pioneering-with-pride-celebrating-lgbtq-in-cannabis/ It’s an exciting time to invest in cannabis as a generational wealth creation opportunity. The legal cannabis industry is projected to grow to $100 billion in 2030, and the investment opportunities are enormous. Key Reasons to Invest in Cannabis NowCannabis is a market where consumer demand already exists, but there is a lack of professional venture capital to support business growth. As a result, cannabis businesses are actively looking for investors, which equates to significant opportunities for smart angel investors. Consumer Demand Already ExistsBecause demand exists, investors are essentially investing in the transition of a $75 billion (U.S.) annual illicit (“informal”) market to a legal (“formal”) market. In the United States, legal cannabis sales are forecasted to reach $23.6 billion in 2021, less than a third of the estimated amount sold annually in the informal market. Growth is assured as users look to change their purchasing habits and embrace the quality control of the formal market. Lack of Professional, Institutional Venture Capital FundsA lack of institutional investors, loan capital, and professional venture capital in the cannabis industry creates a supply and demand imbalance which results in a buyer’s market. Today, there are approximately 35 early and growth-stage funds with an aggregate approximate $700M AU.M. Additionally, there is some family-office capital pursuing this sector. While angel investors, private equity, and venture capital are increasing, they’re still a small share of what is required to finance the industry. Where to Focus as an Angel Investor Right NowSavvy cannabis investors are looking at many opportunities. Here are five areas of focus: 1. Cannabis Consumer of the Future The future of the cannabis industry isn’t limited to consumers who already consume. Additional growth will come from consumers who are not consuming yet. Think of the health-conscious soccer mom who trades her evening glass of wine for a low microdose cannabis-infused drink that has fewer calories and no sugar. Smart investors are looking at companies serving these new consumers with innovative product experiences and new form factors. 2. Single or Dual-state Operators Investors are focused on high-performing operators with footprints in one or two states that will likely get acquired by larger multi-state operators. Top publicly held multi-state operators (MSOs) have been acquiring cannabis businesses across the country while dramatically increasing revenue and becoming profitable. Second-tier MSOs are aggressively expanding their footprints, and mergers and acquisitions are happening with increased frequency. All of this adds up to more opportunities for cannabis investors. 3. Defensible Positions in the Supply Chain Investment opportunities can be found across the cannabis supply chain, and investors are looking at companies with competitive advantages that are not easily duplicated. These companies have developed a unique process, product, or service that gives them a position which is easy to defend. Such a company likely has valuable intellectual property — patents, trade secrets, trademarks, or copyrights — that ensure it has an exclusive right to protect its competitive advantage for a significant period of time. 4. Re-definition of Medical Cannabis The medical cannabis market is being threatened by the adult-use market and the pharmaceutical industry, which wants the U.S. Food & Drug Administration to consider cannabis a drug. However, smart investors predict that medical cannabis will be redefined and create a growing over-the-counter (OTC) business. As a result, investors are looking at how the repositioning of the medical market could create growth and investment opportunities. 5. Northeast In the near future, New Jersey, New York, Connecticut, Rhode Island, Pennsylvania, and Virginia will all have operational adult-use markets open and thriving. High population density ensures the Northeast will represent the next dominant cannabis market. Companies in these states are scrambling to raise money and new brands will debut soon, which will bring huge opportunities for investors. Cannabis Investing Opportunities AboundAs we enter 2022, all signs point to now being the time to continue, or begin investing in cannabis companies. Yes, there are challenges in investing in this sector, but the growth should outweigh those risks. Still unsure if now is the time to invest? Think of it this way. Market growth is coming in the short-term as more states roll out new medical and adult-use programs, and significant projected growth is coming in the long-term through federal legalization, social normalization, and expanded state programs. The picture is clear. Now is the time to invest in cannabis. Via https://cannatechtoday.com/why-now-is-the-time-to-invest-in-cannabis/ Welcome to our CBDMEDIC review! Our favorite product from CBDMEDIC is the Active Sport Pain Relief Ointment. Recommended ProductCBDMEDIC Active Sport Pain Relief OintmentNeed quick relief to keep you performing at your best? CBDMEDIC’s Active Sports Pain Relief Ointment effectively relieved pain in our muscles and felt soothing on our skin. We would not turn elsewhere for fast, temporary relief. We also thought the Acne Treatment Medicated Cream was the best product for skin health. Recommended ProductCBDMEDIC Acne Treatment Medicated CreamTo the surprise of some on our team, this acne cream seemed to work. With consistent application to the face, we saw acne and blemishes dissipate, while the skin looked and felt healthier. CBDMEDIC has an excellent product in their Acne Treatment Medicated Cream, especially in conjunction with the face cleanser. Table of ContentsCBDMEDIC ReviewCertain factors can make or break a CBD brand, such as how a company sources their hemp, or if the labeling matches what is inside the products. At The CBD Insider, we measure the excellence of a brand by four primary criteria:
CBDMEDIC BackgroundCBDMEDIC was owned by Abacus Health Products, Inc., a company that produced over-the-counter (OTC) topical products. The company, including the CBDMEDIC brands and others, was acquired by Charlotte’s Web officially in June 2020. Abacus’ CEO Perry Antelman, who is now an executive vice president and president of topicals, started CBDMEDIC because he saw a need for pain relief products. Antelman wanted to “up the game in terms of pain relief” with 98-99% natural, synergistic ingredients, as Charlotte’s Web’s Bryce Sessel-Glassberg told The CBD Insider. “Acquiring CBDMEDIC was right for us because of the claims we could make, especially since we’ve seen a huge demand for pain relief, eczema, and arthritis,” said Sessel-Glassberg. “It was just the right time.” CBDMEDIC CouponWe have a great CBDMEDIC coupon code that can be used through the Charlotte’s Web site. As of now, readers can get 15% off their entire order with code: CBDINSIDER What Makes CBDMEDIC Unique?CBDMEDIC products are unique because they are OTC-registered, allowing the brand to make claims about their products. For a product to become OTC-registered, a company must file multiple forms with the FDA. While these products are not approved by the FDA, the agency recognizes they exist by assigning them a National Drug Code number. CBD is listed as an inactive ingredient since it is not recognized by the FDA as having a well-known therapeutic use. Where Does CBDMEDIC Get Their Hemp?Charlotte’s Web supplied some of the hemp used in the CBDMEDIC products for five years before acquiring Abacus. Now, all CBDMEDIC products will only use Charlotte’s Web hemp. In doing so, the CBDMEDIC products will boast the strict safety standards of the largest CBD brand in the United States and consistent hemp quality. Also, CBDMEDIC products will continue to utilize broad-spectrum hemp extract and remain THC-free. Hemp QualityCharlotte’s Web grows its hemp in Colorado, while also supporting family farms in Kentucky and Oregon. The company uses organic and sustainable cultivation methods such as cover crops and ladybugs as natural pest predators, but never toxic or harmful chemicals. Soil and irrigation systems are consistently tested to ensure the safety of an upcoming crop. After harvesting, Charlotte’s Web uses Isopropyl Alcohol (IPA) to extract the hemp oil for the brand’s original formula products, while using CO2 for the majority of its products. Samples from every batch of products are tested by ISO-17025-accredited third-party laboratories, such as Eurofins, one of the most prestigious third-party labs in the world. Unfortunately, Charlotte’s Web does not show the original third-party lab results—opting to provide an internally aggregated report—but the brand does mention the lab each result is from. The samples are tested for cannabinoid potency, residual solvents, heavy metals, pesticides, and microbes. Charlotte’s Web provides QR codes on all of their products so customers can access the test results for their specific item. The US Hemp Authority has awarded Charlotte’s Web its seal of certification, and the company also has a current Good Manufacturing Practice certification. CBDMEDIC Pros & ConsPros for CBDMEDIC:
Cons for CBDMEDIC:
CBDMEDIC Product Reviews
CBDMEDIC Skin Products
ConcentrationBoth the Acne Treatment Medicated Cream and Eczema Therapy Medicated Ointment contain 200mg of CBD hemp oil in 1.4oz of product. These are somewhat low concentrations of CBD, although it’s not intended to be the most prominent ingredient in these products. That role is reserved for salicylic acid and colloidal oatmeal in the acne cream and eczema ointment, respectively. ValueThe Acne Treatment Medicated Cream costs $29.99 ($0.15/mg), while the Eczema Therapy Medicated Ointment retails for $39.99 ($0.20/mg). While these products are not as cost-efficient in terms of price per mg, they are still reasonably priced. A little goes a long way with these topicals, so we expect customers to get plenty of value from these products for their price. IngredientsIngredients in the Acne Treatment Medicated Cream are 98% naturally derived and include: salicylic acid, emulsifying wax, shea butter, bentonite clay, sorbic acid, jojoba seed oil, zinc oxide, 200mg CBD hemp oil (THC-free), peppermint oil, tea tree oil, stearic acid, and silver oxide. The ingredients in the Eczema Therapy Medicated Ointment are 99% naturally derived and include: colloidal oatmeal, cottonseed oil, beeswax, 200mg hemp oil (THC-free), stearic acid (vegetable derived), sorbic acid, jojoba seed oil, peppermint oil, chamomile oil, eucalyptus oil, zinc oxide, and silver oxide. PackagingThe cream and ointment are contained in squeeze tubes that come in boxes. Information on the tubes include drug facts, uses, warnings, directions, a list of inactive ingredients, and an expiration date. A batch code for the product is on the box. ExperienceThe acne cream works best right after cleaning the skin. It initially spreads easily on skin, but begins to quickly dry. The cream has a pleasant smell and does not leave a sticky residue or leave skin feeling tight. With continual and consistent use we found noticeable improvement in acne. As for the eczema cream, it spreads easily on skin and feels like gel. It also has a pleasant smell and does not like skin feeling greasy. Unfortunately, we did not notice any improvement in eczema. Pros & ConsPros for the CBDMEDIC skin products:
Cons for the CBDMEDIC skin products:
CBDMEDIC Pain Relief Products
ConcentrationBoth the Active Sports Pain Relief Ointment and Foot & Ankle Pain Relief Ointment contain 200mg of CBD hemp oil in 1.4oz of product. Like the CBDMEDIC skin products above, these are low concentrations of CBD. The main ingredients in both of these products are camphor (10%) and menthol (15%). ValueBoth products also are priced at $39.99, which comes out to $0.20/mg. While the retail price is reasonable considering the ingredients and the fact that a little ointment goes a long way, the price per mg is high. We’d like to see Charlotte’s Web eventually include more CBD in the CBDMEDIC products, as the brand did with their own Charlotte’s Web topicals in early 2020. IngredientsIngredients in the Active Sport Pain Relief Ointment are: Menthol, camphor, cottonseed oil, beeswax, 200mg hemp oil (THC-free), frankincense oil, jojoba seed oil, myrrh oil, honeysuckle oil, and sorbic acid. The Foot & Ankle Pain Relief Ointment contains: camphor, menthol, beeswax, 200mg CBD hemp oil (THC-free), clove oil, eucalyptus oil, jojoba seed oil, peppermint oil, tea tree oil, and sorbic acid. PackagingThe pain relief ointments come in squeeze tubes and boxes. Information on the tubes include drug facts, uses, warnings, directions, a list of inactive ingredients, and an expiration date. A batch code for the product is on the box. ExperienceThe Active Sport Pain Relief Ointment has a pleasant and not overbearing menthol scent. The Foot & Ankle Pain Relief Ointment also smells like menthol, but it offers hints of clove and eucalyptus oil. They have nearly identical textures, both rubbing on smoothly and absorbing at a moderate rate with continued massaging. We also noticed a modest cooling sensation from both products. Both ointments were significantly effective at temporarily relieving pain and discomfort. Pros & ConsPros for the CBDMEDIC pain relief products:
Cons for the CBDMEDIC pain relief products:
CBDMEDIC Massage Oil
ConcentrationThe CBDMEDIC Massage Oil contains 200mg of CBD in 3.4oz of oil. This is a small and almost negligible amount of CBD. We’d like to see Charlotte’s Web substantially increase the amount of CBD in the formula in the future. ValueThe massage oil costs $39.99, which clocks in at $0.20/mg. Like all other CBDMEDIC products, the massage oil is reasonably priced, but has a high price per mg. For 3.4oz of oil, we believe the massage oil is valued correctly. IngredientsIngredients in the massage oil: menthol, camphor, jojoba seed oil, cottonseed oil, frankincense oil, 200mg CBD hemp oil (THC-free), honeysuckle oil, myrrh oil, argan oil, and coconut oil (MCT oil). PackagingThe massage oil comes in a large bottle with a box. Information on the label includes drug facts, uses, warnings, directions, a list of active ingredients, and on the bottom of the bottle there is a batch code and an expiration date. ExperienceThe massage oil has an intense menthol scent, making it best for massaging only small areas of the body at a time. It seemed to have some pain-relieving benefits, but they were not as noticeable as the more targeted pain relief products. Pros & ConsPros for the CBDMEDIC massage oil:
Cons for the CBDMEDIC massage oil:
All CBDMEDIC ProductsCBDMEDIC’s product offerings are solely made up of CBD topicals. All of the products are THC-free and are primarily targeted towards pain relief, while a few products are intended for skin health. ConclusionAt The CBD Insider, we only recommend brands that we have thoroughly vetted and personally tested, so you can feel comfortable purchasing a company’s products. CBDMEDIC is a unique, topical-only CBD brand with OTC-registered products. What’s more is that our team noticed real, tangible benefits from most of these topicals. Now that the brand is under the Charlotte’s Web family, we have high hopes (and expectations) for its future. Thus, after thoroughly testing the products and analyzing their operation, we happily recommend CBDMEDIC. The post CBDMEDIC Review appeared first on The CBD Insider. via The CBD Insider https://thecbdinsider.com/review/cbdmedic-review/#utm_source=rss&utm_medium=rss&utm_campaign=cbdmedic-review Our team at The CBD Insider is devoted to informing consumers and helping them find the best possible CBD products. We vet several companies and only the elite receive thorough, in-depth reviews like this one. (Be sure to also check out our comprehensive reviews of Receptra Naturals and Hemp Health Inc) Here, we’re reviewing Panacea Life Sciences. Updated on: January 24, 2022 One of our favorite products at Panacea was their F.A.S.T. 35 mg Hemp Oil Tablets. We primarily found relief from stress and a boost of energy to help us get through the tiring parts of our days. Another great product is Panacea’s DAILY Softgels 75 mg. Perfect as a daily supplement, the softgels provide a hefty dose of full-spectrum hemp oil that improved our mood and gave us a heightened sense of general well-being. Panacea Life Sciences is based in Louisville, CO, where it conducts its entirely US-based operation to achieve its company goal: to improve the health and well-being of patients by reintroducing hemp-based therapeutics. The company sources organic hemp from farmers in Colorado, the leading state in the nation for hemp production. Panacea specializes in premium extraction techniques and uses ethanol—a safe solvent used to preserve the terpenes in hemp—to create the oil used in their products. The company plans on including CO2 extraction for products containing only CBD isolate. Each batch of products is tested by a third-party laboratory, providing confidence to consumers that each product contains exactly what Panacea says it does. Certificates of Analysis are available upon request. While Panacea does not have a Good Manufacturing Practice certification with the FDA, Panacea’s president assures us that each and every product is manufactured to GMP standards. Table of Contents
Panacea Life Sciences Brand ReviewHow a CBD brand operates is extremely important to the quality and efficacy of its products. As a consumer, you should expect nothing less than the best. At The CBD Insider, we measure the excellence of a brand by four primary criteria:
We also look at some secondary factors, such as the user experience provided by the company’s website, their online consumer reviews, the organizations and groups the company is associated with, what research it conducts, and more. Panacea Life Sciences CouponWe negotiated special deals through Panacea, including a 20% Panacea coupon off their entire store: CBDINSIDER20. You can use this code to get 20% off all products from Panacea. Panacea’s Hemp Sourcing MethodsPanacea sources all of its hemp from four different Colorado farmers who use organic methods and do not use herbicides or pesticides. Colorado is a great place to grow hemp because of the state’s climate, and since hemp requires minimal interaction, herbicides and pesticides are not necessary. The company thoroughly vets each potential partnership, and if they are pleased with the quality of a farmer’s operations, they write up a contract. Panacea also conducts a sample extraction test, and if any toxic elements are found, particularly heavy metals or pesticides, then the contract is canceled. Panacea’s CBD Extraction MethodsCurrently, Panacea uses ethanol to create their hemp oil, which allows the company to safely preserve the terpene profile of hemp for cannabinoid-dense, full-spectrum CBD products. “Our guys here make some really, really good oil,” said Baumgartner. “We’ll stack that up against anybody else’s product.” In addition to ethanol extraction, the company will start using CO2 for their CBD-focused products once 2019 begins. Third-Party TestingPanacea uses a third-party laboratory to conduct testing for each batch of its product, measuring for concentration, toxin levels, and more. “The testing that we do for each product is more extensive than you’ll see with any other operation,” said Baumgartner. “We’re also one of the only companies that I know that does stability testing,” said Baumgartner. Stability testing provides the assurance that a product will remain safe and effective over a long period of time. In addition to their commitment to extensive testing, Panacea is also working on making the results easily accessible to consumers. Eventually, the goal is to have QR codes on each product that can be scanned using a smartphone, which will immediately deliver a certificate of analysis (COA) for that product’s lot number. In the meantime, while COAs are not accessible through the site, they should be available upon request. Good Manufacturing PracticeA Good Manufacturing Practice certification with the FDA shows a company complies with industry standards and safety regulations. Panacea is not presently certified as a GMP facility with the FDA, but the company, which already adheres to GMP regulations, has plans to be certified in 2019. “We spent the first six months of our operation establishing the GMP process, so everything we do is governed by standard operating protocol,” said Baumgartner. WebsiteA user-friendly website also contributes to a brand’s excellence and must contain certain aspects—like functionality and mobile friendliness—to produce a positive user experience. User ExperienceOverall, the site is clean, easy to navigate, and simple. However, many of the photos are of low quality and grainy, while some of the text does not seem to be accurate or up to date (the mobile experience is more visually appealing, so we preferred mobile browsing in this case). For example, the ingredients on the F.A.S.T. 35 mg Hemp Oil Tablets product page differ from what is on the bottle. The bottle says the product contains coconut oil, while the product page does not mention coconut, a potential allergen. Other than these few inconsistencies, Panacea’s site shouldn’t cause you a problem. Customer ServiceThe shopping experience is straightforward, and Panacea charges a $5 flat shipping rate to anywhere in the United States (Panacea does not currently ship internationally). Free shipping can be obtained if you purchase $100 worth of products. Orders are usually delivered within seven to ten business days. Panacea also offers a 7-day customer satisfaction guarantee, so if you’re not satisfied, you can return the unused portion of the product. The return policy requires the consumer to submit a claim within 48 hours of delivery. When contacting Panacea’s regular customer service (i.e., not contacting the higher-ups we spoke with directly), we found response rates to be slower than we would like. This contrasts from our generally positive experience with the brand, so we hope to see an improvement here. CBD AssociationsPanacea is not currently a member of any associations or groups, though the company was formerly a part of the International Hemp Research Foundation and may pursue membership once again in 2019. Online Consumer ReviewsNot many products have been reviewed, but those that have are receiving glowing remarks. Most reviewers say Panacea’s products have helped them mentally and emotionally, while others have found relief from severe, chronic pain. Pet owners saw an increase in energy and activity from both dogs and cats that were dealing with various causes of pain, indicating the products provided significant relief. Science and ResearchAs the name suggests, Panacea Life Sciences is serious about scientific research, conducting and sponsoring several studies, a major distinction among other CBD brands. The first study Panacea conducted was a canine study, testing the efficacy of Panacea’s own canine softgels on osteoarthritis. The results showed a 36% improvement across the patient cohort, according to Baumgartner. Panacea also conducted a study on 60 horses, and early results show that CBD hemp oil helped improve gait and anxiety in 8 out of every 10 horses. The company is also currently conducting six other studies with CBD hemp oil, including studies assessing the impact of CBD on sleep, CTE (a traumatic injury often found in the brains of deceased, former football player), PTSD, and currently incurable glioblastoma. “For those patients who are diagnosed with that type of tumor growth, it’s essentially a death sentence,” said Baumgartner. “So if we can help benefit their lives, I think that would be very worthwhile to try and address in the next few years.” Best Products for Common CBD BenefitsBefore we get down to the details of the products we tested from Panacea, here are some of the best products you’ll find for common CBD uses. Best CBD Product for Anxiety: F.A.S.T. 35 mg Hemp Oil TabletsMany people deal with debilitating anxiety and stress, causing them distress and anger. Fortunately, Panacea’s F.A.S.T. tablets have utilized the power of CBD’s anti-anxiety benefits. With 35 mg per serving, these little tablets pack a potent dose of CBD, and they seemed to help smooth out our days. Best CBD Product as a Dietary Supplement: DAILY Softgels 75 mgWhile everyone would love to simply pop the non-existent “cure-all pill” for their myriad of maladies, Panacea’s DAILY softgels seem to have the potential to help a lot of them. The 75 mg softgels are easy to take and have a high dosage that your body can actually take advantage of thanks to bioavailability enhancers. We experienced improved mood and a general feeling of well-being throughout the day after taking just one a day. Panacea Products We TestedWe try products to ensure they are made just like a company says and to help you make the best purchasing decisions. Our team decided to try three products from Panacea:
Why We Chose These ProductsWe chose these products because each one represented the main categories of Panacea’s offerings for humans: sublingual tablets, softgels, and topicals. F.A.S.T. Hemp Oil TabletsWe used the 30-count, F.A.S.T. 35 mg sublingual tablets. Concentration and ValueEach tablet contains 35 mg of hemp oil extract, which is an ample dosage considering the sublingual administration, one of the more efficient methods for taking CBD. The 30-count bottle includes 1,050 mg of CBD total and comes in at about $0.09/mg, an affordable rate that ranks well among other brands. If one tablet is taken twice daily, this will last a user 15 days, requiring two bottles to cover an entire month. Thankfully, Panacea offers a monthly subscription service that discounts the price by up to $20 if you decide to receive 2 bottles each month. PackagingSporting a sleek, simple design, the labeling on the F.A.S.T. bottle is attractive and professional. The bottle is made of black polyethylene terephthalate plastic and has a black screw top lid. Quality of Non-CBD IngredientsThe F.A.S.T. sublingual tablets also include Starch, Microcrystalline Cellulose, Dicalcium Phosphate, Tricalcium Phosphate, Guar Gum, Fractionated Coconut Oil, Natural Flavors, Magnesium Stearate, Rebaudioside A (Stevia Extract). All of these ingredients are food-grade and considered safe by the FDA. Scent/Flavor/TextureThe scent smells similar to the flavor, which is best described as faint citrus. Overall, the flavor is fine, yet we found it slightly bitter. Since the tablet is administered under the tongue, tasting it can be somewhat avoided. However, the flavor subtly lingered up to an hour after the tablet had dissolved. The tablet usually dissolved within ten minutes. What We Used it ForWe took two tablets daily, one during the day and one in the evening, to test their effects on anxiety and energy. EffectivenessOverall, our results indicated that the tablets were effective. One of our team members said the tablets helped his day go more smoothly, while also helping improve mood and calm the anxiety of a friend. The tablets also seemed to help relieve afternoon fatigue by quickly providing a boost of energy that allowed us to push through the rest of the day’s tasks. Baumgartner said the F.A.S.T. product is his personal favorite, using it to help with aches and pains. He also pairs it with the Soothe Salve before exercising “My workout is ten times better,” said Baumgartner. “It’s like night and day.” Potential UsesIn our experience, it seems the F.A.S.T. tablets are best used as daily aids for calming anxiety and boosting energy. However, reviews for the tablets on Panacea’s website and Baumgartner’s testimony shows they may also help ease the pain, so that may be another potential benefit. DAILY SoftgelsWe used the 30-count, DAILY 75 mg softgels. Concentration and ValuePanacea boasts one of the most highly concentrated softgels on the market with their 75 mg DAILY product. The 75 mg softgels also clock in at $0.09/mg, a competitive price, especially considering the concentration and Panacea’s commitment to quality. What makes the value better is the longevity of the product, which can last a full month if taken as directed (1 softgel per day). Like with the F.A.S.T. tablets, Panacea provides a monthly subscription service for the DAILY softgels, with up to $19 off the individual bottle price if you receive 2 bottles per month. PackagingThe packaging is nearly identical to the F.A.S.T. product, featuring black polyethylene terephthalate plastic and attractive labeling. The only difference is the DAILY softgels bottle has a child-proof cap, presumably because of the high concentration and the size of the softgels. If the concern is children consuming somewhat high doses of hemp oil, it is important to note that there are no recorded instances of fatal overdosing with CBD and hemp oil. That is not to say you cannot take too much of the substance, but evidence indicates there are no serious health risks if you ingest extremely high dosages (1,500+ mg of CBD per day). Quality of Non-CBD IngredientsThe DAILY softgels include Bovine Gelatin, Coconut Oil, Glycerin, and Kolliphor HS 15. Kolliphor HS 15 is an ingredient used to enhance the bioavailability of a substance. All of these ingredients are safe and high-quality. Scent/Flavor/TextureThere is no noticeable scent, flavor, or aftertaste with the softgels. The texture is smooth, and they go down easily. What We Used it ForWe used the softgels as a daily supplement and to test its effects on our general well-being. EffectivenessWe found the softgels improved our mood and increased our sense of well-being. One of our team members felt more energetic and willing to be outgoing. They also seemed to be more effective when taken without food than with it. Potential UsesThe softgels seem to be most useful for general well-being, making it perfect as a dietary supplement. They also may be helpful for pain and inflammation. You can also squirt the softgels onto food if you would rather take them like that. Soothe SalveWe tested the 1 oz, 250 mg Soothe Salve. Concentration and ValueThis 1 oz salve features 250 mg of CBD and other phytocannabinoids, a moderate concentration for a topical product. The cost is not moderate, however, coming in at a hefty $0.28/mg. The price could also be contributable to the other premium ingredients, but it’s still a high ask. The salve could last a while since it doesn’t take too much to be effective. PackagingThe salve is contained in a 1 oz jar made of amber glass with a black, screw top lid. Quality of Non-CBD IngredientsThe Soothe Salve includes Shea Butter, Coconut Oil, Jojoba Oil, Argan Oil, Hemp Oil, Calendula, Arnica, Lavender, Eucalyptus, Rosemary, and Camphor. All of these ingredients are all-natural and organic, increasing the potential potency of the product. Scent & TextureThe salve smells most strongly of Lavender with a hint of Eucalyptus. The scent is relaxing and not overly pungent. The product itself is pliable and easy to use, soaking into the skin. What We Used it ForWe used the salve on sore muscles, bug bites, and for moisturizing skin. EffectivenessSoothe Salve truly is soothing, relieving the itch of bug bites and even helping heal the skin. Dry skin was also left feeling healthy and moisturized. However, the salve did not seem to be useful for relieving muscle soreness. Baumgartner recommends the salve for inflammation, and he also uses it to target aches and pains such as knee pain. Potential UsesWe believe the best uses for the salve are for soothing and moisturizing skin. The Soothe Salve may also be helpful for relieving pain and inflammation, but we did not experience that. Products Sold by Panacea Life SciencesPanacea has a simple product selection, offering five types of CBD products: sublingual tablets, softgels, topicals, canine products, and an equine item. The canine and equine items are specialized products of their tablets, softgels, and topicals. Some of Panacea’s products are isolates while others are full-spectrum and may contain traces of THC, but well within the legal limit (0.3%). CBD Sublingual TabletsBest use: The CBD hemp oil sublingual tablets are likely best used for relieving pain and reducing anxiety. The sublingual aspect allows more CBD to be absorbed since it bypasses the digestive system. CBD SoftgelsBest use: The best uses for Panacea’s softgels are reducing anxiety, improving sleep, and daily supplementation. CBD Salves & CreamsBest use: Salves are best used to treat aches and pains, as well as manage inflammation. Panacea’s creams intend to moisturize and heal skin while also potentially clearing up scars. CBD Canine ProductsBest use: Canine CBD products are best used to help pets deal with pain and inflammation caused by, for example, arthritis and cancer. They may also improve general health by helping to balance your dog’s endocannabinoid system, the system that interacts with cannabinoids and is known to regulate various functions in the body. CBD Equine ProductsBest use: Similar to the canine products, the equine line is best used to alleviate discomfort while also enhancing the function of a horse’s endocannabinoid system. How to Contact PanaceaCustomers can contact Panacea through their contact page, via email ([email protected]), or by phone at (800) 985-0515. ConclusionAt The CBD Insider, we only recommend brands that we have thoroughly vetted and personally tested, so you can feel comfortable purchasing a company’s products. After thoroughly reviewing Panacea and testing their products, we are proud to recommend Panacea Life Sciences. They source wisely from Colorado, use a safe extraction method, have their products tested by a third-party laboratory, and adhere to Good Manufacturing Practice protocol. The company backs up its high-quality operation with a user-friendly website and timely customer service. Above all, Panacea sets itself apart with an impressive dedication to excellence in the quality of their products, and through their substantial contributions to CBD and hemp oil research. Check out the products we recommend below: We hope you found this review helpful. Our goal is to find and test the best brands so you don’t have to, allowing you to buy with confidence from trustworthy businesses. If you’ve tried a product from Panacea Life Sciences, tell us about your experience in the comments below! Disclaimer: The content on this site is for informational purposes only. We are not medical experts and nothing should be construed as medical advice. Be sure to speak with your physician before taking CBD or any other treatment. The post Panacea Life Sciences Review [2019 Update] appeared first on The CBD Insider. via The CBD Insider https://thecbdinsider.com/review/panacea-life-sciences-review/#utm_source=rss&utm_medium=rss&utm_campaign=panacea-life-sciences-review |
ABOUT MEHallo, ik ben Renz Verspaget, ik ben een betrouwbare administratief medewerker in de gezondheidszorg met 4,5 jaar ervaring met patiëntendossiers, medische facturering, werkschema's van ziekenhuizen en gezondheidszorgbeleid. Ziekenhuiskosten met 13% verlaagd door nieuwe factureringsmethoden te implementeren. Archives
April 2023
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