“Why use up the forests which were centuries in the making and the mines which required ages to lay down, if we can get the equivalent of forest and mineral products in the annual growth of the hemp fields?“ -Henry Ford American visionary Henry Ford was light years ahead of his time when he proposed this question. But Ford did far more than ask profound questions. Ford was a man of action and soon after, designed and constructed the first car body made from a plastic composite which consisted of 70% hemp fiber mixed with straw and sisal.  This hemp auto body design was so “unbreakable ..read more

The Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) was proposed by Representative Jerrold Nadler from New York 1. Recently, it gained attention again when the U.S. House of Representatives passed it on a vote of 220 to 204. This bill aims to decriminalize marijuana by removing it from the list of scheduled substances under the Controlled Substances Act. As we can see, it’s a significant piece of legislation related to cannabis in the United States. Here’s a breakdown of its key components: Decriminalization and Descheduling The MO ..read more

Senator Jacky Rosen recently introduced the Harnessing Opportunity by Pursuing Expungement (HOPE) Act. This bill aims to address the impact of past low-level marijuana offenses in states where cannabis has been legalized or decriminalized. Here’s a comprehensive overview of the Marijuana Expungement Bill introduced by Senator Jacky Rosen: 1. The HOPE Act: Helping Expunge and Seal Marijuana Convictions Purpose: The Harnessing Opportunity by Pursuing Expungement (HOPE) Act aims to address the lingering effects of past low-level marijuana offenses in states where ca ..read more

How Is Texas Shaping the Future of Hemp-Derived Cannabinoids? Texas has emerged as a pivotal player in the burgeoning hemp-derived product industry, setting a precedent that could influence federal regulations. Unlike many states that have followed a path from medical to recreational marijuana, Texas has fostered a legal market for intoxicating hemp-derived cannabinoids without this traditional progression. This has allowed the state to establish a robust market separate from the illicit trade, showcasing an innovative approach to cannabinoid regulation. What Has Been the Impact of Texas’ Regu ..read more

In recent years, the cannabis industry has undergone a significant transformation, with a growing emphasis on health and wellness. One of the key players in this wellness movement is CBD, a non-psychoactive compound derived from the cannabis plant. Understanding CBD and Its Wellness Benefits CBD, or cannabidiol, is known for its potential therapeutic benefits but lacks the “high” associated with its counterpart, THC. According to research, CBD may help with a variety of illnesses such as anxiety, chronic pain, and inflammation. As the wellness industry continues to embrace natural alternatives ..read more

As we step into 2024, the cannabis industry in the United States stands on the cusp of an era marked by unprecedented growth, technological innovation, and pivotal legislative developments. This overview aims to shed light on the key insights and predictions shaping the industry, presented in a manner that’s easily digestible to all readers. 1. Growth and Expansion The global cannabis market is projected to witness substantial expansion, driven by the emergence of new legal markets, the introduction of innovative product offerings, and significant technological advancements. According to a re ..read more

It’s 2024. The U.S. House and Senate agriculture committees should have drafted a new federal Farm Bill, but the Senate voted to pass an extension of the 2018 Farm Bill. The bill extends the new farm bill through September 20242. The upcoming bill will impact food, farm, conservation, and nutrition programs for the next five years. This omnibus law now reaches far beyond crop support and has programs addressing wildlife habitat, climate change, while running the nation’s largest federal nutrition program. Former Sen. Saxby Chambliss, who worked on the last farm bill, mentioned that these bills ..read more

 A New Era in Cannabis Packaging Welcome to 2024, where cannabis packaging is getting a serious makeover! Gone are the days of bland, one-size-fits-all boxes. Today, it’s all about standing out, saving the planet, and, of course, not getting on the wrong side of the law. Let’s dive into the exciting world of cannabis packaging trends that are as innovative as they are necessary. Trend 1: Going Green Without Envy – Sustainable Packaging First on our list is the eco-friendly revolution. The cannabis industry is saying “high” to sustainable materials like recycled paper and hemp (because, wh ..read more

Here are some facts about cannabis, cannabis use, cannabis legalization and cannabis upcoming future in the United States as of 2023: Cannabis: Cannabis was the first online sale, conducted in the early 1970s between students at Stanford and MIT. Cannabis has hundreds of nicknames, such as “weed, pot, grass, herb, ganja, and Mary Jane”. Cannabis contains over 100 different cannabinoids, which are chemical compounds that interact with the body’s endocannabinoid system. The most well-known cannabinoids are THC and CBD, which have different effects on the brain and body. Cannabis potency, or ..read more

State of the Cannabis Insurance Market in 2023 The cannabis insurance market has changed significantly in recent times. Insurance providers adjust their plans to cater to the evolving needs and challenges of the sector. Limited insurance carriers mean challenges for cannabis property insurance. Fewer carriers offer coverage due to the 2018 Farm Bill stagnation and slow legalization in some states. General liability insurance remains more accessible. Many policies now exclude cannabis synthetics due to their production processes. Brokers must distinguish between various cannabinoids to provide ..read more