420 with CNW – Demand Soars for Missouri Medical Cannabis Licenses

The cannabis bullet train doesn’t seem to be showing any signs of slowing down in Missouri ever since voters overwhelmingly passed a ballot measure in the recent midterms to legalize medical marijuana in the state. Now more than 300 businesses are due to be licensed to participate in the medical cannabis industry once it is commercialized.

This announcement was made by Lyndall Fraker, the Missouri Medical Marijuana Program Director, while speaking at a medical marijuana conference in St. Louis on Monday (March 11). He added that if those 300 licenses weren’t enough, then the state wouldn’t hesitate to grant more to the businesses that wish to serve Missouri patients in different capacities.

Already, more than 450 applications have been received from entities that would like to cultivate, manufacture, dispense or test medical marijuana and its products in the state. It is from this pool that the state will select the first 300 businesses to be licensed.

For now, the regulator has set the minimum number of players that will operate in the different segments of the medical marijuana industry. These include at least 192 dispensaries, two marijuana testing facilities, 85 manufacturing facilities and 60 marijuana cultivation facilities.

When added up, those figures exceed the 300 licenses that will be awarded initially, so you can see that the state already has plans for an extensive and robust medical cannabis industry.

You may be wondering, won’t 300 businesses be too many for an industry that is just being set up? This concern may be legitimate, but if anything is to be learnt from the Canadian recreational cannabis industry, it is risky to allow only a few players in the industry.

The cannabis shortages in Canada can largely be explained by the country’s failure to license enough businesses to participate in the different aspects of the cannabis value chain. The resulting mess will possibly take years to fix. Missouri may therefore be onto something when they start off with hundreds of licensed businesses.

Besides, not all of those 300 businesses will start operations at the same time. And when they do start, not all of them will be successful. Others will close shop while more will merge with other businesses.

It is therefore a good thing that the state intends to give all those businesses a shot and then their fate will be squarely in their hands once they get hold of a license. Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF), Green Hygienics Holdings Inc. (OTCQB: GRYN) and all who wish to invest in the medical cannabis industry welcome the steps being taken by the Missouri Medical Marijuana Program to do things right from the get-go.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – US Federal Government Calls for Input on Marijuana Rescheduling

Following the recommendations by the World Health Organization (“WHO”) that whole-plant cannabis and its resin should be reclassified, the U.S. FDA has issued a notice asking interested parties to submit their views on this matter so that the position that the U.S. takes when the matter comes up for a vote at the UN is informed by the views collected.

While this is the third time that the federal government is asking stakeholders for input on marijuana rescheduling, it is the first time that they are doing so from the time WHO released its recommendations.

The World Health Organization observed that the evidence that was presented before its expert committee didn’t show that marijuana deserved to be in the same category as the other substances in Schedule IV of the treaty setting up guidelines on how various substances should be controlled internationally.

The UN body also made it clear that CBD, one of components of cannabis, should not be subjected to any international controls.

Additionally, the World Health Organization admitted that cannabis and its derivatives had demonstrated therapeutic benefits for a number of conditions, such as pain and multiple sclerosis.

The FDA explained that interested people would have up to March 14 to submit their views for consideration. This deadline was set based on an earlier timeline for the planned meeting of the UN Commission on Narcotic Drugs. That meeting is expected to be held anywhere between March 14 and March 22 this year.

That original timeline was set because the WHO was expected to release its recommendations in December last year. However, that didn’t happen for unknown reasons.

The FDA therefore expects to extend the period within which members of the public and other stakeholders in the U.S. can submit their comments if the UN communicates that the Narcotics Committee will sit at a later time. The alternative dates for that meeting are in December this year or March next year.

The views collected by the FDA will be analyzed and the findings forwarded to the Department of Health and Human Services. HHS will then formulate a recommendation of the position that the U.S. State Department should take when the matter of reclassification comes up for a vote at the UN.

This call for public comments provides a golden chance for stakeholders to play a role in shaping how the federal government will vote on the matter at the UN. Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) and Green Hygienics Holdings Inc. (OTCQB: GRYN) call upon everyone with an interest in the cannabis industry to share their views with the FDA so that the U.S. can vote in a way that reflects the wishes of the people back home.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – Four Ways Cannabis Entrepreneurs are Using AI in Sales and Ecommerce

As the marijuana industry has grown and become more widely accepted, many tech companies have introduced new products to enable the cannabis industry. Here are the four major AI products that marijuana businesses are deploying to boost sales and make ecommerce more successful.

Chatbots

The explosion of interest in cannabis means that the limited staff of marijuana companies can easily be overwhelmed if they decided to address each person’s queries without the help of AI.

Chatbots have been introduced to engage customers and potential customers quickly and efficiently by providing all the information one needs. For example, the chatbot can take a potential customer through the different cannabis strains that may help to ease the symptoms that the client is experiencing. These bots have revolutionized the way cannabis businesses attend to their customers at a time when people make a query and expect an answer to it “yesterday.”

Finding Leads

One of the hardest aspects of selling is to find prospects. Cannabis businesses are turning to AI tools, such as Node, to generate lists of potential customers. This is a more reliable method than the traditional way of buying lists of prospects who often turned out to be uninterested in what one was selling.

Filtering Prospects

It is one thing to get a list of prospects and it is another matter to filter them into warm or cold prospects. That is where AI comes in. Artificial intelligence systems are now available to analyze data in order to establish which particular products a potential customer has been searching for.

The findings of such AI systems can help sales personnel to concentrate their efforts on those individuals that are most likely to make a purchase instead of spending time and effort on people with a low possibility of making a purchase. An example of this type of AI system is Netra. This system understands consumer preferences by analyzing the visual content on different social media platforms.

Sales Forecasting

As you may know, there is always a multitude of demands competing for the resources that any company has at its disposal. The same applies to cannabis businesses. One of the best ways to determine how to allocate those scarce resources is by forecasting sales so that intelligent decisions can be made for the company.

AI systems have been deployed to forecast cannabis sales so that businesses can plan for the future more effectively, such as by making decisions on when to scale up or down.

While some people may think that AI has come to take cannabis jobs, the truth is that AI can only go so far. For example, AI fails dismally at comprehending the nuances of language based on different contexts and humans have to step in at such points. Cannabis businesses should therefore regard AI as an aid to their workforce rather than as a tool to cut back on human employees. Green Hygienics Holdings Inc. (OTCQB: GRYN) and Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) look forward to seeing even more AI products in every aspect of the cannabis industry.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – Cannabis Could Prevent Chronic Traumatic Encephalopathy, Researchers Reveal

Many athletes, such as footballers, commit suicide or die as a result of the brain trauma caused while they engage in contact sports. Chronic traumatic endephalopathy (CTE), a degenerative neurological condition, is one such brain trauma disease that conventional medicine has found so hard to prevent or treat partly because the condition can only be diagnosed posthumously. Now a number of scientists and researchers are suggesting that cannabis may help to prevent or alleviate the symptoms of this disease whose victims are mainly athletes (particularly footballers).

One study conducted in Israel found that the use of cannabis improved blood flow to the brain and prevented brain tissues from dying. While this study was conducted on rats and mice with head trauma, it brings hope for a solution to a problem from which 99 percent of all dead NFL players suffered, researchers say.

Another study conducted in the U.S. concluded that cannabis possesses neuro-protective properties because of the antioxidants it contains. In fact, Kyle Turley, a retired NFL player, uses cannabis to treat the traumatic brain injury he suffers from resulting from his days as a player. Turley was also a friend of another NFL player, Junior Seau, who fatally shot himself in 2012. Brain specialists who examined samples of Seau’s brain found that his suicidal tendency was due to CTE.

Apart from causing people to be suicidal, CTE causes depression, aggression, confusion, dementia and mood swings.

Turley is now an avid advocate for the use of cannabis to treat neurological conditions, especially among athletes.

His mission isn’t farfetched because a number of companies have been developing cannabis-based remedies for different neurological conditions. For example, KannaLife Sciences is developing a synthetic cannabis pill that is intended to prevent CTE in athletes. The company also makes other CBD-based remedies.

Another company, GW Pharmaceuticals, has already obtained FDA approval for Epidiolex, a CBD-based drug that can treat two forms of rare pediatric epilepsy. Epilepsy is a neurological condition, just like CTE. Epidiolex has already proved to be effective for some of the kids with the forms of epilepsy for which it was developed.

It should be noted that treating brain injury isn’t achieved by CBD alone. A study whose findings were published in The American Surgeon showed that patients who suffered brain injuries and tested positive for THC suffered fewer fatalities than those who didn’t test positive for THC.

Such findings provide good news to Green Hygienics Holdings Inc. (OTCQB: GRYN) and other players in the cannabis industry like Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) because it offers a possible solution to a problem (CTE) that could be affecting millions of athletes.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – Cannabis College Starts Training Oklahomans to Work in Cannabis Dispensaries

People who would like to work in or own medical cannabis businesses in Oklahoma can now receive the training that they need to succeed. Hempstaff Dispensary Training, aka Cannabis College now organizes classes on different aspects of medical cannabis.

The organizers of these classes say that emphasis is placed on equipping attendees with information on the history, science and laws around medical cannabis so that one is ready to participate in this rapidly growing industry.

The company organizes two four-hour classes through which people get a thorough grounding in the major aspects needed by someone who wants to own or work in a cannabis dispensary.

Students who attended the first training sessions held last weekend say that they got more than they paid for because the content of the course was very rich. For example, the students were told why a patient can be given a particular strain of cannabis and not another for a given medical condition.

Such information is critical because the dispensary staff can help patients to make informed decisions when selecting products to buy. The medical cannabis space isn’t like conventional medicine in which a doctor diagnoses and gives a patient a specific prescription to alleviate his or her condition. Cannabis dispensary staff therefore play a crucial role in making it possible for patients to select what will be most beneficial for them.

Cannabis College decided that it would make its contribution in the medical cannabis space by preparing people to work in this industry. Leaving cannabis companies with the sole responsibility of training their staff is a bit risky, the organizers of the trainings added.

The trainers also say that they put emphasis on the current medical cannabis legislation and the likely changes that are bound to occur. This segment of the training is important because at the moment, Oklahoma is using emergency rules to regulate the medical cannabis industry. One should therefore understand the current legal regime and prepare for the changes that are coming as the industry evolves in the state.

Employers appreciate this training on the rules because an employee who doesn’t know all the applicable legal provisions can make a mistake that can cause regulators to close a dispensary and fine or incarcerate the owners.

The initiative taken by Cannabis College is appreciated by everyone in the cannabis industry, including Green Hygienics Holdings Inc. (OTCQB: GRYN) and Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) because such efforts make the industry more beneficial to patients.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – Oklahoma City School Board Passes Marijuana Policy

Voters in Oklahoma approved a ballot measure last year in June making medical marijuana legal in the state. Recently, the school district in Oklahoma City passed its own medical marijuana policy to clarify what employees and students could or could not do now that medical marijuana is legal in the state.

On Monday this week (January 14), the Oklahoma City Public Schools Board released its marijuana policy in which the district asserted that it would not take any action against any employee who holds a medical marijuana license.

However, the same policy also had a clause that barred employees from possessing marijuana within school premises or during office hours even if such an employee is licensed to use medical marijuana.

The policy also stipulated that while students would be allowed to have access to, and consume medical marijuana, employees in the schools aren’t allowed to administer that marijuana to the students.

Instead, the policy states that a private location would be provided so that the caregiver of a student can administer the medical marijuana from that location. Caregivers would also be solely responsible for bringing the medical marijuana and taking it away after the student has used or consumed it.

The policy warns that disciplinary action would be taken against any student or employee who violates the school district’s marijuana policy.

Additionally, the policy states that the school district will be free to alter the policy if the federal funding of the district is jeopardized in any way by the marijuana policy or its implementation. Ultimately, the school district will adhere to any restrictions or instructions given by the federal government regarding medical marijuana.

These provisions in the policy show how large the shadow of the federal government hovering over the entire country is on matters of marijuana.

So far, more than 30,000 people have applied for medical marijuana licenses since August when residents were allowed to start applying for the cards. A patient whose application is approved has to pay $100 in order to receive their license from the Department of Health. People who are at least 18 years old are eligible to apply for a medical marijuana license if a doctor recommends them to apply for one.

The action taken by the school district is a step in the right direction because it clarifies what employees and students should expect if they want to consume medical marijuana. Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), Green Hygienics Holdings Inc. (OTCQB: GRYN) and the entire marijuana industry welcome the positive action taken by the Oklahoma City Public Schools Board.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – Arkansas Delays Issuing Medical Cannabis Cards

Patients who applied and got approval to join the medical cannabis program in Arkansas will have to wait until February to receive their medical cannabis cards from the state. The delay comes amidst the inability of cultivators to provide medical cannabis to the licensed dispensaries.

Arkansas residents voted to change the constitution in 2016 so that medical cannabis could become legal in the state. However, the process of implementing that change has taken longer than was expected.

The Department of Health in the State is reluctant to give residents medical cannabis cards when medical cannabis supplies aren’t available. The authorities feel that patients would incur an unnecessary cost since the cards are only valid for a year and one must renew the card before accessing medical cannabis. Getting the card several months before dispensaries are ready to sell products would therefore mean that a portion of the card’s validity was wasted.

However, many patients view their desire to have the medical cannabis cards in a different light.

The cards issued by the health authorities in Arkansas can allow the cardholders to acquire temporary licenses from the nearby state of Oklahoma. These temporary cards can be used to buy or grow medical cannabis from the Oklahoma medical cannabis dispensaries. Federal law doesn’t permit marijuana to be moved across state lines, so anyone interested in buying or growing medical cannabis from out of state has to be ready to stay in that state until what they purchased is used up.

The temporary licenses are only valid for 30 days, so there is no chance that an applicant will buy medical marijuana in more than one state. The verification process done before the temporary card is issued confirms that the applicant resides in a state where a medical cannabis program is legal but medical cannabis isn’t available as yet.

Some Arkansas residents have attempted to use the approval letters issued after their medical cannabis applications were processed, but the Oklahoma authorities have rejected those letters.

The stance of the Medical Marijuana Authority in Oklahoma is understandable because the approval letters may not have vital details, such as the medical marijuana card numbers that can be used to track the activities of the cardholders.

For now, Arkansas residents may have to wait until the state prints their cards. That may give those who are badly in need of medical cannabis one month within which to take advantage of the temporary licenses issued in Oklahoma. In case the Arkansas program delays even further, the patients can continue renewing their Oklahoma permits.

Green Hygienics Holdings Inc. (OTCQB: GRYN) and Golden Developing Solutions, Inc. (OTC: DVLP) sympathize with the patients in Arkansas and hope that a viable solution for their plight is found soon.

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420 with CNW – New York Governor Speaks on Impending Cannabis Legalization

Traditionally, state Governors outline their plans during the State of the State address in January. However, New York State Governor Andrew Cuomo has opted to deliver his address early (on Monday, December 17). He talked about his priorities for the first 100 days in office. The issues discussed included his views on the legalization of recreational cannabis in the state.

Gov. Cuomo said that adult-use cannabis should be permitted “once and for all”, and he pledged to see this done within a few months from the start of the new Democrat-dominated legislature in January.

In his speech, it was clearly evident that his opinions on marijuana had undergone a major evolution because he was now championing legalization and yet he had previously opposed marijuana, even medical marijuana, as a gate-way substance.

The Governor lamented that it was time to change things and fix the injustices that had been suffered by the African-American community and other minorities during the selective enforcement of the laws against marijuana use.

The speech didn’t give any details about how the recreational use of marijuana will be regulated within the state. However, some information about the likely regulatory framework can be gleaned from a report that was submitted to the Governor by the Department of Health in the state.

The report famously concluded that the benefits of regulating and taxing cannabis outweighed any shortcomings that could be attributed to legalization of adult-use cannabis. This report seems to have tied the hands of the Governor, especially given that his major opponent (Cynthia Nixon) made legalization the center of her campaign.

The Health Department report estimated that legalizing recreational cannabis would add between $248 million and $677 million in tax revenue within the first year of legalization. Additionally, legalization would fix some of the imbalances in the criminal justice system while easing the opioid crisis.

It is not yet clear how the state will spend the millions in taxes expected from the recreational cannabis industry, but several sectors and sections of the community are clamoring for that money.

For example, one suggestion is that the money be directed to fix the crumbling subway system while other activists suggest that the money should go to the black community that bore the brunt of the injustices during the war on drugs.

The state legislators will have their hands full as they debate and decide how these monies will be spent. Already, some assembly members are threatening to withhold their support for the bill in case the tax money isn’t allocated in the way they approve, such as going to the black communities.

Green Hygienics Holdings Inc. (OTCQB: GRYN) and Golden Developing Solutions, Inc. (OTC: DVLP) urge all involved to consider all sides before eventually passing a law that will allow New Yorkers who so wish to consume recreational cannabis in a way that is safe for all.

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420 with CNW – US Federal Agency Announces Funding for Cannabis Research

The National Center for Complementary and Integrative Health (NCCIH) held a workshop on December 8 to interact with representatives of various cannabis industry stakeholders and federal agencies to discuss cannabinoid research. At the end of that workshop, the federal agency announced four funding opportunities for entities that were interested in conducting research on natural products like cannabis.

For example, one funding opportunity is earmarked for looking into how cannabinoids, excluding THC, affect pain.

Those four research projects are also intended to map the “biological signature” of the natural products being studied as well as establishing dosage levels in case those products are found to be therapeutic.

The researchers who want to access the funding need to secure authorization from the different federal government agencies, such as the DEA, which have jurisdiction over the controlled substances in question. Additionally, the researchers should provide detailed plans of how they intend to conduct the studies.

It is interesting to note that only one of the four funding opportunities makes a direct reference to marijuana even if the content of the briefs appear to focus on cannabis. The careful wording may be an attempt to work around the existing restrictions on funding cannabis research.

The current call for research proposals comes after the Drug Enforcement Administration granted different cultivators authorization to grow approximately 5.400 pounds of marijuana in 2019. This quantity more than quadruples what was grown with DEA permission in 2018.

The agency explained that the spike in the quantity of cannabis grown with the agency’s approval was intended to meet the huge demand for research-grade cannabis in the coming year.

The increased supply from different sources is expected to ease some of the frustrations that researchers had with the Mississippi farm where cannabis could only be obtained in previous years. Researchers complained that they couldn’t obtain sufficient quantities from that Mississippi farm, and even when they got the cannabis it was of such poor quality that it would hardly serve the purpose for which it was obtained.

The fact that different government agencies participated in the workshop organized by NCCIH may indicate that there is a conversation going on within the federal government about cannabis. It is possible that the feds are giving serious thought to the possibility of passing legislation to allow medical cannabis at some point in the future. If that wasn’t the case, then federal money wouldn’t be channeled into cannabis research, or researchers wouldn’t be permitted to study cannabis.

Golden Developing Solutions, Inc. (OTC: DVLP), Green Hygienics Holdings, Inc. (OTC: GRYN) and other stakeholders hope that the funding opportunities increase, and that the federal government eases its prohibitionist stance on marijuana.

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420 with CNW – Millennial Consumers Drive the Market for Craft Marijuana

As more states and countries around the world legalize marijuana, a new trend is emerging where some consumers are ditching the “cheap, generic” cannabis for specialty “craft” products. Millennials are the largest fraction of this connoisseur group of consumers.

It is true that marijuana prices have been dropping like a rock ever since cannabis was legalized in different states. Such price drops target making marijuana affordable to the mass market that is simply interested in getting hold of some cannabis for recreational (adult-use) or medical purposes.

Like all products, however, a segment of the consumers is more discerning and is willing to pay more for an artisan product which is superior to the mass market variety.

These high-end consumers pay more attention to the specific characteristics of the different strains and where those strains were grown (and, of course, how they were grown).

The tastes of these high-end consumers would not widely differ from what is seen in the wine industry where certain consumers look down on those who imbibe the cheap stuff. Call it some form of snobbery if you like, but it is a differentiation in the market that can make some entrepreneurs very rich once they address the needs of those niche markets.

It isn’t far-fetched to think of an “appellation system” for the cannabis industry where some strains are legally connected to certain geographical locations. Once again, lessons abound in the wine industry where champagne is from a particular region of France for quality reasons. The same can easily exist for the marijuana industry.

More attention is likely to be paid to the quality of marijuana as the industry matures. Don’t imagine that quality is entirely dependent on how much THC or CBD is in a given product. After all, alcohol quality doesn’t depend on the alcohol content of a given alcohol brand.

Other attributes, such as flavor, mood enhancement and medicinal value, will take on increasing importance for both cultivators and consumers.

All these benefits will start taking shape when cannabis is legalized more widely, such as at the federal level in the US. As things stand, companies are barely able to make a profit from the mass market, so it can be hard for them to invest for niche markets that aren’t sizeable enough as yet.

For now, one can only look forward to a future where there will be cannabis on the shelves for every kind of consumer, including those who demand and can afford artisan marijuana products. Green Hygienics Holdings Inc. (OTC: GRYN), GreenBox POS, LLC (OTC: GRBX) and other cannabis companies feel that future isn’t as far off as one may think.

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CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com