Here’s a legislative update from MarijuanaMoment.net - There are now 1,170 cannabis-related bills moving through state legislatures and Congress for 2019 sessions.
Nate Diaz Smoked a Joint During the UFC 241 Open Workout. Diaz walked out on stage to a massive ovation from fans at Honda Center. 2Pac’s “2 of Amerikaz Most Wanted” blared. Diaz shadow boxed and strolled around for a a couple of minutes. And then Diaz lit up a joint. That’s right, someone from Diaz’s crew handed him a joint, and he smoked out. Forget working out. The crowd loved it. And he even passed the joint to someone in the crowd.
Green Entrepreneur — This year, NFL Hall of Famer Joe Montana made news by investing in Caliva, a large California weed operator. He’s not the only sports name to appear on the cannabis radar. The NHL Alumni Association decided to partner with Canopy Growth, a Canadian company, to study cannabinoids as treatment for post-concussion neurological diseases in ex-hockey players, and the basketball league Big3 announced that cbdMD will be its official sponsor. Even more striking, brands and dispensaries have been popping up under the banners of former sports stars like NHL player Riley Cote, who founded BodyChek Wellness, a premium hemp extract line, and the NBA’s Al Harrington, whose company of medicinal and recreational products is named after his grandmother, Viola. What is up with retired pro athletes and cannabis? “It’s been interesting,” says Cote, a former defenseman with the Philadelphia Flyers. “Cannabis and sports five or 10 years ago couldn’t coexist in a sentence, and now [cannabis] is looked upon as the ultimate recovery tool.” That’s especially true for life after the major leagues. The athlete-pot connection starts to make sense when you think of the two big pain points of being a retired player -- the first of which is, well, pain. Speaking or retired sports stars. We invite you to listen in next week because Local Smoke has scored an exclusive interview with David Irving, former Dallas Cowboys star who abruptly retired from the NFL over his stance on Cannabis. David was kind enough to agree to an interview with Local Smoke and we are honored to share that with you next week on the show! And here is an update from the football world that makes what David Irving did all the more important: In KINGS MOUNTAIN, N.C. from wsoctv.com - Carolina Panthers player Bryan Cox Jr. has been cited for speeding and having marijuana & paraphernalia, according to the North Carolina Highway Patrol. Troopers said they smelled marijuana after initially pulling over Cox, 25, for driving 90 mph in a 65 mph zone Wednesday afternoon. The Church of Jesus Christ of Latter-day Saints said that marijuana "should be avoided except under the care of a competent physician, and then used only as prescribed." Marijuana may be legal for medicinal or even recreational use in a lot of places now, but that doesn’t mean that any use is suddenly not against the Word of Wisdom. Medical uses are being studied, but just like many pain medications such as opioids, marijuana is an addictive substance. Such habit-forming substances should be avoided except under the care of a competent physician, and then used only as prescribed.
Portland Commissioner Amanda Fritz Lectures a Parent Who Doesn’t Want a Cannabis Dispensary Next to his Daughter’s Kindergarten. Earlier this month, an alarmed Portland father wrote City Commissioner Amanda Fritz to complain about a cannabis dispensary opening next door to his daughter's private kindergarten. Fritz was not receptive. In her Aug. 12 reply to Sellwood resident Gregory Hemmen, Fritz correctly notes that the shop's plans are legal. But she goes further, comparing cannabis to alcohol and offering unsolicited parenting advice. "Do you avoid taking your children to restaurants where alcohol is served?" Fritz asks. "Why do you consider cannabis more harmful than alcohol? "Cannabis sales are legal in Oregon," Fritz concludes. "If you don't want your children to buy cannabis once they are of age to be carded and buy it, I recommend you take this opportunity to instill your values into your family while they still believe every word you say is true."
Mail Tribune - Local Southern Oregon Cannabis Trafficker Charged . . . Again? A Medford man with a prior drug conviction surrounding a large-scale marijuana operation at the former Willamette Egg Farm faces new charges alleging he had a role in an illicit marijuana deal in which $97,000 was seized. Clifton Dwight Crump, 56, is accused of facilitating the purchase of 100 pounds of unlicensed marijuana for Jeremy Eugene Lunt, 42, of Grants Pass, according to documents filed by the multi-agency Medford Area Drug and Gang Enforcement task force in Jackson County Circuit Court. MADGE arrested Crump and Lunt on Wednesday at a rural property in the 300 block of Andesite Road near Jacksonville, according to court documents which say police seized $97,000 from Lunt. Crump allegedly admitted to MADGE investigators that he brokered the sale for $7,000, and both suspects allegedly admitted that they brought the money to purchase marijuana. Neither suspect had paperwork authorizing them under state law to own marijuana in that quantity, according to MADGE. Crump was convicted of trafficking large quantities of unlicensed marijuana from the former Willamette Egg Farm in the fall of 2017. The egg farm bust involved three tons of marijuana, more than 2 pounds of butane honey oil, and a pound of methamphetamine.
Oregon regulators tweeted about a national hemp conference being hosted in Portland this week. We normally do not mention tweets on this show. However, We wanted to commend the Oregon Department of Agriculture on promoting one of the state’s most important new sectors of the cannabis industry, hemp. HOWEVER, we receive regular update emails from the OLCC and quite often they include promotions for alcoholic products. Sometimes these products are made in Oregon, sometimes they are not! Either way, we find it odd (a) that a regulatory agency would be involved in the promotion of alcoholic products (particularly those not made in Oregon) and (b) that they would only promote one half of the types of products they regulate: alcohol BUT NOT CANNABIS. We just wanted to point out that contradiction.
AshlandTidings.com - A man is in jail on drug and arson charges — accused of starting the 155-acre East Evans fire Aug. 2 — when his illegal marijuana extraction laboratory exploded and spread to nearby wildlands in Sams Valley, police said. Michael A. Cashmareck, 24, faces arson and marijuana charges for his alleged role in starting the wildfire that prompted multiple evacuations and left at least one firefighter injured, according to a press release issued Tuesday by the Jackson County Sheriff’s Office. Detectives with the Illegal Marijuana Enforcement Team determined that the fire started in a “makeshift structure” believed to have been producing butane honey oil, according to sheriff’s Sgt. Julie Denney. Butane honey oil is made by using highly flammable butane as a solvent to extract concentrated THC from marijuana. Denney said the structure where the fire started was a “post-extraction” operation, meaning the lab was in the process of removing the solvent from the mixture. At about 2:38 p.m. Friday, Aug. 2, 911 dispatchers got the first call reporting a wildfire in the 18700 block of East Evans Creek Road, according to the sheriff’s office. By the time crews arrived, the fire had expanded to roughly 5 acres, according to the sheriff’s office. Within hours, crews issued Level 3 “Go” evacuations as the fire grew that evening. That same day, Jackson County sheriff’s deputies arrested Cashmareck on first-degree arson charges stemming from the lab, according to the sheriff’s office. A grand jury indicted Cashmareck on Aug. 6 on two counts of first-degree arson incident to the manufacturing of a cannabinoid extract. He is also accused of starting a fire that “represented a threat of serious physical injury” and that the “economic loss is greater than $50,000.” He also faces a charge of unlawfully manufacturing a marijuana extract, a Class B felony.
iCannabis: INDUSTRY, BUSINESS & FINANCIAL
BusinessWire.com - Cresco Labs is now trading on the Frankfurt Stock Exchange.One of the largest vertically integrated multistate cannabis operators in the United States, today announced that its Euro-denominated shares are now listed on the Frankfurt Stock Exchange (“FSE”) and are trading under the symbol “6CQ.” The Company’s shares continue to be listed on the Canadian Securities Exchange under the symbol “CL” and on the OTCQX under the symbol “CRLBF.”
CannabisBusinessExecutive.com - Did the Tax Cuts and Jobs Act Remove the Teeth of 280E? The hosts of this show are not savvy enough to discuss this matter, so suffice to say that if you are a cannabis business owner who has struggled with 280e tax law issues, it might be worth your while to look into the The Tax Cuts and Jobs Act of 2018, which added Sec. 471(c) to the Internal Revenue Code in order to simplify accounting for ending inventory for small taxpayers.
Cornel.edu - Cornell University hosted a daylong hemp research event. The field day featured presentations from the Cornell hemp research and extension team and invited industry guests with field trial tours. The educational sessions focused on CBD hemp production, grain and fiber production.
WoodWorkingNetwork.com - $5.8 million Kentucky plant will engineer hemp into wood. Fibonacci, the company who makes HempWood, a reverse-engineered and patent-pending wood substitute, will lease a 11,230-square-foot facility for its first manufacturing operation. Production will begin this summer. “We look forward to being a productive member of Kentucky’s agricultural and manufacturing communities, and the enormous opportunities of HempWood as a renewable alternative to Oak,” said Greg Wilson, owner of Fibonacci. The company has already contracted more than 800 tons of hemp stalks through Kentucky growers. Advantages over traditional oak hardwood include a higher availability, a much quicker grow time of six months, and a 20 percent higher density, says Fibonacci. The company says it could be used in furniture, flooring, and other woodworking projects. HempWood will be available in blocks, pre-sawn boards, flooring, and finished products such as cutting boards and skateboards at prices lower than oak, the company says on its website. The Kentucky Economic Development Finance Authority approved $300,000 in tax incentives for the operation. The incentives, based on performance, will allow Fibonacci to keep some of its investment by meeting job and investment targets. The company will also receive no-cost recruitment and job placement services from the Kentucky Skills Network.
Hemp is now America’s Fastest Growing Cash Crop. MerryJane.com - According to the US Department of Agriculture, the number of hectares devoted to hemp cultivation skyrocketed to a 368 percent growth rate this year. At the end of the 2018 summer, only 27,424 acres were devoted to hemp; today, it’s 128,320 acres. That’s over four times the growth rate of the second-fastest expanding cash crop, maple, which had an 85 percent growth rate. Farmland set aside for for hemp is expected to increase as CBD products, which are primarily derived from hemp, become increasingly popular, as well. For decades, commercial farmers in America have relied on monocropped corn or genetically modified soybeans to make a living.
The Daily Democrat.com - Researchers at UC Davis are partnering with Biopharmaceutical Research Company to analyze the chemical and biological profiles of marijuana. Researchers at UC Davis have partnered with a federally compliant pharmaceutical company to analyze the chemical and biological profiles of cannabis for the benefit of law enforcement, health care providers and scientific professionals. The agreement with Biopharmaceutical Research Company, which is registered with the U.S. Drug Enforcement Administration, is among the first of its kind. UCD and BRC researchers will analyze legally acquired cannabis materials in BRC’s labs to understand the chemical composition of tetrahydrocannabinol or THC, cannabidiol or CBD, and other cannabinoids. There will be no cannabis on the Davis campus or any UCD-owned or leased property as part of this research. Davis and BRC researchers will evaluate existing chemistry methods to analyze cannabis and identify the most precise, accurate and reproducible methods for standardization, using diverse Cannabis sativa. In addition, researchers will investigate the interactions between cannabis and microbes, pests and pathogens to determine crop management strategies that protect the environment.
TheSource.com - Former boxer Mike Tyson said he and his associates smoke $40,000 worth of marijuana every month. Mike Tyson hosts a podcast, Hot Boxin’, with fellow cannabis advocate, Eben Britton, and Jim Jones stopped by for the latest episode. The Harlem rapper discussed his endeavors in the legal cannabis industry. Jones explained that his entry into the marijuana industry made sense considering how much money he spends just to get high. “What do we smoke a month? It’s about $40,000?” Tyson asked. “We smoke ten tons of weed on the ranch a month,” Britton added. “Ain’t that crazy,” Tyson commented. Jones was taken aback at the amount of weed the co-hosts smoked. What’s the most you ever spent on weed?”
Facebook asked an Oklahoma judge for more time to respond to a lawsuit alleging the site is illegally discriminating against medical cannabis businesses. The recent lawsuit, which names Mark Zuckerberg himself, claims that Facebook has put their legal Oklahoma Medical Cannabis businesses in “Facebook Jail”
Highlights from Across THE UNITED STATES OF CANNABIS
From our local KTVL Channel 10, The Siskiyou County, California Board of Supervisors is calling on Gov. Gavin Newsom (D) to declare a state of emergency over illegal marijuana growing operations. SISKIYOU COUNTY, Calif. — Tuesday morning, the Siskiyou County Board of Supervisors renewed their calls to the California Governor's Office to declare a local state of emergency in Siskiyou County due to the excessive amount of illegal cannabis grows. They first made the State of Emergency plea in 2017, according to District 1 Supervisor Brandon Criss. "The problem continues," Criss said. "It's just like if there was a fire, the fire was still burning, you would still have the declaration of emergency." Criss and Sheriff Jon Lopey understand there is a legal use for cannabis medically and legally it can be bought and sold, but the problem they face is people growing more than they are legally allowed to, turning around and selling it for a major profit to buyers who, Lopey says, may be on the east coast. "The illicit marijuana problem is no different than a raging forest fire," Lopey said. "It's doing damage to our county, it is doing damage to our kids, it is doing damage to our environment." If Governor Gavin Newsom declared a state of emergency for Siskiyou County's illicit cannabis problem, then the county's resources would be able to work with state and potentially federal resources in locating illegal grows and making sure they come into compliance, at the very least.
From the ICBC - "Luxembourg is going to disrupt the European cannabis industry. This summer, Luxembourg 's Health Minister confirmed that the country is now moving even faster toward full cannabis legalization and plans to release its first draft of plans for legalization by the end of 2019. If this project stays on schedule, Luxembourg will have Europe's first fully legal recreational cannabis market by the beginning of 2022. So now the race begins. If Luxembourg is going to be the "Colorado of Europe", who will be the "Washington State", or even the "California" of European cannabis? [Will it be] a Domestic Market For Locals Or A Tourist Mecca?"...Read the Full Story
PrecisionExtraction.com - What is Hydrocarbon Extraction? First off, what are hydrocarbons? Hydrocarbons are a classification of organic compounds consisting of carbon and hydrogen. They are formed from the compression of animal and plant remains over long periods of time, and are pulled from porous rocks such as sandstone, limestone, and shale, where they pool and concentrate. The most common hydrocarbons include butane, propane, hexane. In addition to being a common fuel source, some hydrocarbons are powerful organic solvents. Organic solvents are substances capable of dissolving or dispersing other substances – they most commonly used in natural food flavorings, soybean oil, vegetable oil, and many other food products which are consumed on a daily basis. Hydrocarbon extraction is a method used to extract cannabinoids such as tetrahydrocannabinol (THC), cannabidiol (CBD), and terpenes from cannabis plant material. It has become a widely popular extraction method for cannabis refinement in recent years, due to its low cost, efficiency, and extraction quality, as compared to alternative methods. The hydrocarbon extraction technique involves the use of certain hydrocarbons like propane and butane – these materials act as solvents, which, when combined with plant material, strip desired chemical compounds (such as cannabinoids) out of plant material. This isolate is then further refined through a number of other methods. Highly concentrated extracts can be used to create cannabis oils, shatter, glass, hash, wax, and other products – these extracts contain little to no hydrocarbon residue when the commercial extraction is performed properly.