Connect with us

Cannabis

Established Industries Look to the Cannabis Market for New Revenue Streams

Vlad Poptamas

Published

on

Photo source: reuters.com
Reading Time: 3 minutes

As investments continue to fuel the cannabis market expansion, the social stigma revolving around the plant is beginning to subside. Similar to most emerging industries, institutions invest because they see potential value for future growth. And with the growing popularity of the cannabis marketplace, companies across various industries have become interested. Notably, healthcare companies are interested in ramping up cannabis research because the plant could become a viable treatment option for patients living with a variety of ailments. On the other hand, alcohol, tobacco, and healthcare companies have stepped into the cannabis industry because of declining sales in their primary units. For instance, large corporations such as Altria, owner of Marlboro, and Constellation Brands, producer of Corona and Modelo, have invested billions of dollars into the cannabis industry. Specifically, the two have invested in various cannabis companies to stimulate their overall business portfolios, as tobacco and alcohol consumption rates are declining. Now, the Arizona Beverage Company has even entered into the industry with its own venture to manufacture vape pens and infused gummies and drinks. Arizona Beverage is well known for its USD 1 drinks found throughout thousands of convenience stores and supermarkets internationally. And Arizona Tea’s entry marks yet another large corporation diving into the cannabis marketplace. The investments are not only propelling the cannabis industry but are also allowing it to become a mainstream market among consumers. Now, as more large companies take their place within the cannabis market, the industry is positioned to become a disruptive global entity. And according to data compiled by Verified Market Research, the global marijuana market was valued at USD 42.20 Billion in 2016. Furthermore, by 2025, the market is expected to reach USD 466.81 Billion while registering a CAGR of 35.3% from 2018 to 2025. Pasha Brands Ltd. (OTC: CRFTF) (CSE: CRFT), Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), Aphria Inc. (NYSE: APHA) (TSX: APHA), HEXO Corp. (NYSE: HEXO) (TSX: HEXO).

The cannabis industry is split into two segments: recreational and medical. Predominantly, the medical industry is much larger because of its global accessibility and availability. However, countries such as the U.S. and Canada are expected to accelerate the recreational segment’s growth, causing it to eventually surpass the medical segment. While the two markets target wholly different audiences, they handle widely similar products. For instance, extracts and concentrates continue to be so highly popular in both market segments that they have ultimately led to a decline in dried cannabis flower sales throughout the past recent years. Nonetheless, “craft cultivators” have taken initiative to revive the dried cannabis flower market. Craft cultivators engage in cultivating premium cannabis and high-quality strains. Unlike typical large licensed producers, craft cultivators generally operate on a smaller scale in order to ensure their products are consistent. And while large scale producers usually have automated grow houses, craft cultivators take extra, meticulous steps and carefully inspect each individual plant to assure that it is growing healthy and maintaining its cannabinoid content. Consequently, craft cultivators create an exceptional strain that stands out against producers that grow tons of cannabis in volume. “We are seeing more and more mainstream retail and branding strategies come into the space as the industry continues to evolve and mature. With the shift toward mainstream cannabis, a number of high-end marketing and brand firms are starting to enter the space to cater to the new consumer. Naturally, this has led, and will continue to lead, to the prevalence of more high-end products throughout the market,” said Erik Knutson, Chief Executive Officer or CanCore Concepts.

Pasha Brands Ltd. (OTC: CRFTF) (CSE: CRFT) is also listed on the Canadian Securities Exchange under the ticker (CSE: CRFT). Earlier this week, the Company announced breaking news that, “the Company has secured eligibility by the Depository Trust Company (DTC) for its shares on the OTC Markets.

The DTC is a subsidiary of the Depository Trust & Clearing Corporation (DTCC), which manages the electronic clearing and settlement of publicly traded companies in the United States. Securities that are eligible to be electronically cleared and settled through the DTC are considered DTC-eligible. Pasha’s common shares are now fully DTC-eligible, and trade under the symbol “CRFTF” on the OTC Markets. This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors.

‘We are very pleased to have obtained DTC eligibility,’ said Patrick Brauckmann, Executive Chairman of Pasha Brands. ‘This status will make the process of trading our stock in the United States much easier. We expect that this will make our shares available to a larger percentage of the investment market, which should improve the liquidity of our shares and therefore benefit Pasha and our shareholders.’

Established in 1973 under the incorporation laws of New York for trust companies, the DTC has grown to one of the largest securities depositories in the world holding securities valued at upwards of $54 trillion (2017).

 

SOURCE FinancialBuzz.com

Hello!


Thank you for visiting my profile and thank you for reading my news and published press release!


There a many things that shape a man, but the carving is done by the hobbies and passions. I've pursued two main careers, professional photography and webdesign, while also keeping a passion for automobiles, technology and games. At PICANTE NEWS, I take care of news editing and press release publishing in se
veral categories and as I've mentioned, during my spare time, I am also a professional photographer with webdesign skills.

My future plans include developing more journalistic skills and start creating investigative journalism. You can find my reports and press release coverages in the following categories:


BANKING/FINANCIAL SERVICES, COMPUTER ELECTRONICS, AUTOMOTIVE, CONTRACTS, ANALYSIS, INTERNET TECHNOLOGY, BIOTECHNOLOGY, BLOCKCHAIN, ACQUISITIONS, RETAIL, and many more.



You can get in touch to discuss interviews or possible article submissions by contacting us.


Let's also connect via social media! You can find me on Facebook or visit my photo portfolio.

Advertisement
Comments

Cannabis

Cannabis Can Treat Epileptic Seizures

Alexandru Marginean

Published

on

Photo by Get Budding on Unsplash
Reading Time: 3 minutes

Cannabis has been used for millennia to treat many conditions. It has long been known that cannabis can help with pain, depression, and was even used in ancient China as an anesthetic for surgery.

It has also been recognized millennia ago as a potential treatment for epilepsy. However, it wasn’t until recently that we have had the scientific studies to back those beliefs up.

It all began with a girl named Charlotte Figi. Charlotte has a rare form of epilepsy known as Dravet Syndrome. At just three months old, Charlotte had her first seizure. The seizure lasted half an hour. It only got worse from there; as Charlotte got older, the number and severity of her daily seizures increased. Some of the seizures lasted up to four hours.

By the time that Charlotte was two, she began showing signs of cognitive decline and displaying signs of autistic behavior. She had aggressive outbursts, would injure herself, and was reluctant to make eye contact. At one time, Charlotte was having up to three hundred grand mal seizures a week, despite being on heavy duty anti-seizure medications. At times, her heart stopped during the seizures. Charlotte’s parents and doctors eventually put her into a medically induced coma to allow her to recuperate. They even signed a do-not-resuscitate order in the event that something went horribly wrong.

Then, Charlotte’s grandfather started reading several success stories from parents who were using cannabis to treat their children’s seizures. Another boy with Dravet’s Syndrome and his story stood out. Charlotte’s doctors had said that they had done all they could. In desperation, her parents got a hold of some R4 cannabis extract oil for Charlotte. A miracle occurred. Charlotte went from 300 seizures a week to zero seizures during her first week of treatment. Seeing that the cannabis treatment was helping, Charlotte’s parents reached out to the Stanley Brothers, who run medical marijuana farms and dispensaries in Colorado. They created Charlotte’s Web, a hybrid strain of medical marijuana, which contained a 30:1 mixture of CBD to THC.

After Charlotte’s success story came a number of others. All from parents whose children were helped by Charlotte’s Web and other high-CBD cannabis treatments. Anecdotal stories are one thing, but is there scientific evidence? The answer to that is yes.

In 2016, Orrin Devinsky, a neurologist at New York University Langone Medical Center and colleagues across multiple research centers published the results from a study of a cannabis-based drug for treatment-resistant epilepsy in the journal Lancet Neurology. 162 patients were treated with an extract of 99% cannabidiol (CBD) and monitored them for 12 weeks. The treatment was given in conjunction with existing medications.

The results were more than promising. The treatment resulted in the reduction of motor seizures that was comparable to similar drugs. 2% of patients reported being seizure- free. The trial led by Devinsky was the most robust assessment of CBD’s effect on epilepsy. Unfortunately, these trials were open trials and had no controlled factors.

However, more recently, the Food and Drug Administration approved a highly purified oral preparation of CBD. In the open label expanded access programs as well as placebo-controlled trials, there was a significant improvement in seizure frequency when compared to the placebo patients with Dravet Syndrome and Lennox-Gastaut Syndrome. The drug that has been approved by the FDA is the prescription medication known as Epidolex.

The results from the gold-standard studies of Epidolex were extremely promising. In the group receiving 20 mg of CBD twice daily, the occurrence of seizures dropped 41.9%. In those receiving the 10 mg dose, seizures dropped by 37.2%. In the placebo group, seizures dropped by 17.2%. Like with all other medications, even treatment with CBD oil has its side effects. For the most part, the side effects are well tolerated and only a few patients experienced side effects serious enough to stop taking the medication. The most commonly reported side effects were sedation, decreased appetite, and diarrhea.

When it comes to the legality of CBD treatments, especially those not approved by the FDA, there is good news. The passage of the 2018 Farm Bill hemp and hemp-derived substances are exempt from the Controlled Substances Act. This includes CBD oil, which can be purchased at places like TheAmsterdam. Even though it has been legalized, it is important that any parent or patient speak with their doctors before beginning any treatment.

Continue Reading

Cannabis

Addressing THC Detox Myths and Facts

Alexandru Marginean

Published

on

Photo by Sharon McCutcheon on Unsplash
Reading Time: 4 minutes

Cannabis is a popular drug. Slowly it’s becoming more socially acceptable for people of all ages. But that doesn’t mean marijuana is safe, especially in terms of detoxing.

There are several myths concerning THC detox; so much so that many users perform it without any health concerns.

Below is a list of THC detox myths and facts to consider. But before that, here’s a brief explanation of what detoxing is.

 

THC Detox: What Is Detoxing?

Detox is the practice of refraining from consuming a substance to cleanse your system of any trace, which in this case is a Tetrahydrocannabinol (THC) cleanse.

As you abstain from consuming marijuana, your body is able to flush THC out of the system. While the process could be easy for some, others may find it difficult; it mostly depends on how heavily one has been consuming marijuana and whether or not they were doing it for medical purposes.

Some of the side effects of THC detox are as follows:

  • Anxiety
  • Headaches
  • Insomnia
  • Irritability
  • Loss of appetite, etc.

Usually, it takes up to 15 days before your system is clean—that is if you’re an occasional user. However, reports suggest that heavy users should abstain from pot usage for about 77 days. Now, if you have a drug test next week at the office, it’s likely to try some unusual things to cheat the test—this is where we cue in.

Here are some common myths and facts regarding THC detox you should know about.

Myth no. 1: All It Takes Is an Ungodly Amount of Water

False. Also referred to as “dilution” or ‘flushing,” this myth indicates that drinking a lot of water dilutes your urine just enough to make THC completely undetectable.

Fact: It’s Dangerous

Excessive water consumption is dangerous and may cause hyperhydration, which, in turn, can also lead to electrolyte disorders. When you dilute urine excessively, it’ll have a decreased specific creatinine and gravity level—both of these are identified during the drug testing process.

 

Myth no. 2: Fake Urine is Key

No. You will find a bunch of firms selling synthetic urine online. As far as stories go, some people have claimed to use chicken broth as a substitute, even though it lacks all of the chemical properties of urine.

Fact: Lab Test Are No Joke

It would be silly to assume that a highly trained lab specialist will be tricked by chicken noodle soup broth. The chemical properties and analysis are sure to catch you, if not the smell. And it’s the same story with fake urine.

 

Myth no. 3: Natural Diuretics Help to Flush Toxins Out of the System

Diuretics are essentially substances that boost urine production, as well as output. Some of the most popular diuretics are tea, coffee, cranberry juice, beer, and pretty much any beverages with caffeine. Furthermore, there are medications like Modil or Lasix that claim to work.

Fact: They Do Not Eliminate Toxins

While diuretics can make you urinate, they don’t eliminate THC. Of course, they can remove toxins from your body and reduce metabolites’ concentration in urine. However, the consumption of diuretic is similar to drinking plenty of water concerning detox purposes.

 

Myth no. 4: Intense Exercise Is the Answer

THC is stored in the fat cells of our body. Therefore, the more body fat one has, the longer it will take to detox. Solid exercise like resistance training and cardio can burn fat and boost your metabolism.

Fact: It’s Not a Short-Term Fix

You must exercise on a regular basis to stay healthy, fit, and make sure your weight is under control. But it’s by no means a magic “THC detox getaway card.” Exercising regularly may help to pass the test, but keep in mind that it’s a slow process; not one that can be achieved overnight.

 

Myth no. 5: “I am only a passive smoker.”

When everything else fails, some people claim to be in a room full of heavy smokers; hence they did not pass the drug test. As interesting as it may sound, the world doesn’t work that way.

Fact: You Cannot Inhale Smoke From Other People’s Bong and Use It As Defense

All drug tests have a certain cut-off level. A urinalysis for cannabis, in most cases, has its cut-off point at 50 ng per milliliter, and you simply cannot reach that point through passive inhalation.

 

Wrapping Up

So, the time has come for a THC detox. Maybe you have a drug test coming up or decided to take a tolerance break and want to cleanse your body before starting anew. Regardless of the reason, we hope you’ll consider the myths and facts concerning THC detox mentioned in this article. Also, it’s always good to consult with a doctor beforehand.

 

About the author: Kathrin Garner is an enthusiastic journalist and writes article on social issues. As an activist, she takes part in NCSM program, which is a discussion platform on the relevant cannabis topics. So, if you want to know how to detox from weed, feel free to contact her. Also, she is a volunteer at Marijuana Detox.  She searches for current issues, and writes about it to a wide range of readers.

Continue Reading

Cannabis

Marijuana Detox: The Main Things You Should Know

Alexandru Marginean

Published

on

Photo by Rick Proctor on Unsplash
Reading Time: 3 minutes

As more states move to end marijuana criminalization, Americans’ support for legalizing and regulating cannabis has only grown stronger.

60% of Americans support cannabis legalization, according to The Hill. While some are assessing the medicinal value it possesses, others are seeking ways to rid the toxins of their bodies.

Today, we’re going to discuss everything you need to know about marijuana detox and how it works.

 

What Does Cannabis Leave Behind?

As you smoke pot, you’re able to feel instant effects. However, even when the effects are no longer present, cannabis metabolites remain. What this means is that the plant’s chemical remnants stay within your system.

These chemical remnants are commonly known as cannabinoids. They are easily detected in hair, saliva, blood, urine, and fingernails.

 

Drug Tests: What Do They Look For?

Usually, drug tests identify THC presence in your system. A urine test is pretty common in that regard because it’s easier to collect and THC remains identifiable for a longer period in urine compared to elsewhere.

The key metabolite these drug tests determine is known as THC-COOH, which is stored in our body fat.

 

Detox Remedies: How Do They Work?

The majority of cannabis detoxes look to flush any traceable THC out of the body. These kits may include drinks, mouthwashes, shampoos, capsules, and chewable tablets—all of which help to pass saliva tests.

If drug tests are your primary concern, you should know that detoxes can come with additional effects (e.g., the urine sample may look suspicious).

Teas and cleanses can decrease THC levels via their known diuretic properties. What they do is make you pee a lot—this washes out your kidneys. The flushing of kidneys can potentially reduce the specific density or gravity of your urine, and a decreased specific gravity means contamination on your test. Therefore, you’ll be discounted.

Furthermore, teas and cleanses can alter the amounts of creatinine in your urine, which is another measure most drug tests tend to look at. Unusual creatinine levels may indicate contamination, meaning the tester can assume you’ve attempted to cheat your test.

 

THC: How Long Does It Stick Around?

Tetrahydrocannabinol (THC) can be identified in your urine, blood, and fat cells. The number of days THC remains identifiable in your body depends on various factors, including your:

  • Exercise routine
  • Eating habits and metabolism
  • Quantity and frequency of cannabis use, and
  • The percentage of body fat

Due to the above-mentioned factors, there’s no standard identification time. However, some estimate THC can linger in your system for anywhere between 2 to 77 days (or even more).

THC remains detectable in blood for around 7 days, depending solely on how often you use cannabis. For instance, someone who smokes pot on a daily basis will likely carry cannabis metabolites for a longer period than someone who does so occasionally.

 

Wrapping Up

As of this year, 33 states and the District of Columbia have passed laws broadly legalizing cannabis in some form. However, regardless of the legality, it’s crucial to note that cannabis carries certain health risks with it. We suggest you know the potential risks of using marijuana before deciding to consume it.

 

About the author: Kathrin Garner is an enthusiastic journalist and writes article on social issues. As an activist, she takes part in NCSM program, which is a discussion platform on the relevant cannabis topics. So, if you want to know how to detox from weed, feel free to contact her. Also, she is a volunteer at Marijuana Detox.  She searches for current issues, and writes about it to a wide range of readers.

Continue Reading

Font Resizer

Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Read more from our authors

Follow our Tweets

Trending

Please turn AdBlock off