Cannabis Drinks Expo to Hit Chicago and San Francisco

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The cannabis drinks market is among the fastest-growing industries, and now there are events that represent that rapid growth. Hosted by the Beverage Trade Network, the 2022 Cannabis Drinks Expo will kick off next month and spotlight the legal cannabis market and provide insight into the true potential for business, according to a June 20 press release.

Expo themes include increasing the overall category list by showcasing successful exhibitors, creating networking opportunities, and exploring current “multi-state bottlenecks.”

So why all the buzz? The global cannabis beverages market is predicted to grow from $503.58 million in 2020 to $2958.60 million by 2028, representing a CAGR of 24.5% during the forecast period of 2021-2028. This includes the psychoactive drinks as well as hemp-infused drinks. Beyond cannabis alone, the beverage sector is experiencing radical change in and of itself with a push towards wellness drinks with natural ingredients.

The show will have an international and national focus that offers multistate operators synergistic opportunities to do business with each other.

Cannabis Drinks Expo provides the cannabis and drinks industry with a unique platform to expand business, explore the category, and source amazing brands. The theme for the 2022 show is “Growing the Category.”

Drink makers could use the boost of visibility in a competitive playing field. At the expo, you’re likely to find the full spectrum of brands.

“The Cannabis Drinks Expo offers brands like mine a view into a very early stage waltz,” famed Master-Mixologist Warren Bobrow told High Times. Bobrow is also known as “the Cocktail Whisperer,” who is behind the made-to-drink cannabis-infused beverage Klaus. “Two steps forward. One back. Two forward one back, and networking with those you can’t meet on [LinkedIn] nor Instagram.”

While other cannabis drink brands are focused on sweet ingredients, Bobrow is instead more interested in the refined ingredients that make his terpene-forward drink Klaus. His drinks list ingredients such as Picketts™ ginger syrup and fine fruit extracts sourced from France. It’s also designed to kick in fast, making it a viable alternative to other recreational delivery systems.

The expo also picked up the attention of local media outlets. “From hemp-based sports drinks to cocktails that get you high, science has finally cracked the code to making cannabis beverages that don’t taste awful,” reported Jonathan Bloom for NBC Bay Area News.

The world of cannabis drinks can get confusing fast, which is why part of the program is designed to make things easier to understand. At the expo, experts will be available to clarify and explain the process of infused foods while industry panels will go over facts to demystify the cannabis-infused beverages procedure. Top names in the cannabis industry will offer a full day of presentations, which have not yet all been announced. Attendees can also browse the expo floor and connect with companies on the cutting-edge of the industry.

Exhibitors will include medical cannabis producers, growers, cannabis producers, product developers, processors, distributors/transporters, wineries, breweries, distilleries, branded drinks companies, drinks manufacturers, Pharma companies, equipment and service providers, CBD manufacturers, edibles providers, testing and laboratory services, logistics, and supply chain operators, drinks distributors/wholesalers, drinks importers, lobbyists/public affairs businesses, and political advisors.

Fortunately, the expo is being provided in California as well as Illinois with two events. Check below for individual events times and places.

San Francisco: July 28, 2022, South San Francisco Conference Center, 255 South Airport Boulevard, South San Francisco, California 94080.

Chicago: August 2, 2022, Midwest Conference Center, 401 W. Lake St., Northlake, Illinois 60164.

Visitor Registration is open, so get your passes now to save on tickets. Click below to register as a trade show visitor:

San Francisco Tickets  

Chicago Tickets 

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Why Cannabis is Now the Drug of Choice for Smart People

Why Cannabis is Now the Drug of Choice for Smart People

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smart people choosing cannabis over other drugs

The consumption of marijuana as well as numerous other types of psychedelic substances is more pronounced these days than ever before.

 

From executives to programmers at Silicon Valley, it’s safe to assume almost everyone is high from something at some point. But it’s become increasingly clear that marijuana is the drug of choice for those with higher IQ’s. This is contrary to the Reefer World stereotypes that prohibitionists have been pushing; they try to claim that marijuana users are lazy, couch potatoes with no ambition in life.


The data tells us – the opposite is true.

 

In fact, a 2011  study conducted by researchers from the British Medical Journal analyzed the IQ’s of around 8,000 males and females. They were tested four times each, from the time they were 5 to the age of 30. Their findings revealed that people who have higher IQ’s when they were children were more likely to be cannabis users by the time they hit the age of 30.

 

What was surprising was that the higher their IQ, the higher the probability that they would use cannabis when they got older. High-IQ women were twice as likely to be marijuana users compared to those with low IQ scores while men who had high IQs were 50% more likely to be cannabis users by 30.

 

But one doesn’t really need studies to understand why more intelligent people use marijuana. There are no clear-cut reasons why, though it makes sense to hypothesize the reasons behind this:

 

Creativity: Marijuana has been proven to enhance creativity and overall creative thinking. Whether you’re an artist or work at a startup, creative thinking will benefit your intelligence in more ways than one. Just some of the famous creatives who have been known to toke include Bill Gates, Bob Dylan, Carl Sagan, Bill Maher, and Abraham Lincoln to name a few.

Besides, everyone can benefit from the ability of marijuana to help you think outside the box especially when it comes to problem solving.

 

Studies show that consuming marijuana has an impact on the kind of thinking that we do because it boosts cerebral blood flow in the brain’s frontal regions, which are responsible for creativity (or lack thereof). The chemicals in marijuana are shown to boost divergent thinking, which is what promotes creative & free thoughts, as opposed to convergent thinking, which is associated with problem solving.

 

Quiet the intelligent mind: Smarter people, and those with higher IQ’s, tend to struggle with many more thoughts and at a much faster pace compared to people with average intelligence. That’s because smart people already know that they are usually surrounded by people who may not be interested in the hard facts or correct way of thinking, making it tiresome to continue debating and arguing with people. This can explain why many smart people are also quieter than others, preferring instead to be alone with their thoughts.

 

When the thoughts get too much, smart people turn to cannabis to help turn it down a notch or two. THC or CBD compounds can do wonderful things for mental relaxation, helping to shut off the thoughts that typically force them to think about anything and everything in the world, all at once.

 

Socialize intellectually, intelligently, and responsibly: Smart people know that alcohol is not the best social lubricant – cannabis is. Whereas alcohol can make you act stupid and give you terrible hangovers, marijuana doesn’t. It’s the ideal social lubricant for when you have to rub elbows with people at work, other programmers, artists and creatives, or brainstorm with your peers. Given how socially accepted marijuana is these days, it’s becoming more common for people to bring weed, or even attend get togethers stoned, passing a joint around as you talk politics, business, life – just about anything.

 

Improved cognitive processes: Marijuana has numerous benefits for the brain and thinking, and many studies prove it. For one, whereas other recreational drugs and alcohol kill and impair the growth of new brain cells, marijuana does the opposite. The formation of these new cells are a great help in improving memory retention, and it also helps to prevent mood disorders. If a person suffers from anxiety, this can also prevent them from thinking properly as it affects executive function, but marijuana can help alleviate that too.

 

In addition, a study also shows that there is a link between cannabis use and better cognitive performance when it comes to attention, executive function, working memory, psychomotor speed, and verbal learning. In other words, we can say that marijuana helps smart people become even smarter.

 

Conclusion

 

While people of all kinds of intelligence levels use marijuana and can benefit from it, it’s clear that all users know that cannabis can be good for them. We know that marijuana is the key to living a healthy, balanced lifestyle especially when we’re prone to so much pressure and stress at work, we know that it can help us become better people in and out of the office, and we also know that it’s far healthier for us than other drugs, alcohol, and tobacco.

 

Smart people also know so much more about the available forms of “escape” out there, and they know more than their peers about the best, safest, and healthiest ways to cope with day-to-day life. It’s marijuana, no doubt.

 

SMART PEOPLE AND WEED, READ MORE…

CANNABIS CAN HELP IQ AND SMART PEOPLE

HOW CANNABIS IS HELPING HIGHER IQ PEOPLE GET AHEAD!

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Death and (excise) taxes: Why Canadian cannabis brands are struggling to survive

Death and (excise) taxes: Why Canadian cannabis brands are struggling to survive

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Nothing in cannabis life is certain, except death and excise taxes.

But for many craft cannabis producers in Canada, the strain of excise tax has stoked action to amend it for a fairer rate, especially as cannabis prices slump.

Set at $1 per gram for dried flower or 10% of the value of the gram, whichever is lower, the excise tax rate punishes cannabis producers by taking as much as 30% of their top-line revenue, according to a white paper by Lucas Jenkins, Charlotte Bowyer, and CEO of Tantalus Labs Dan Sutton.

Circulated widely among the cannabis growers, the paper warns that a slate of bankruptcies could sweep across the industry, as it did in the US.

“Onerous taxes are not only a unique Canadian industry problem. We have seen the same situation play out in California where a tax burden of up to 40% of the total retail cost has led to widespread bankruptcies, a flourishing illicit market, and tax boycotts,” the paper states.

The problem with taxing weed’s wholesale price

The situation looks increasingly dire for many Canadian cannabis players. Around 254 individual cannabis businesses racked up $73 million in excise debt from March 2019 through March 2022, CRA data shows, according to recent media reports. As of May 2022, roughly $52.4 million remains outstanding.

Another craft producer in Canada wants to see an amendment to the cannabis tax rate that mirrors those enacted on alcohol companies. “This shouldn’t be regarded strictly on a per-gram basis,” says David Marcus, president and founder of Abide.

“Look at alcohol and how a higher concentration of alcohol will be taxed at a higher rate. Beer will be taxed differently than whiskey, but what if we taxed cannabis based on the percentage of THC in the flower?”

David Marcus, president and founder of Abide.

Sutton noted in the paper that the excise tax rate should reflect the percentage of sales and consumer price, rather than the wholesale price. He and Marcus agree that the government likely envisioned a 10% tax rate when per-gram rates were stable soon after legalization.

But as the cannabis industry contracted, so did gram prices, while the $1-per-gram excise tax remained the status quo.

Lobbying efforts have ramped up in the past two years, just as Bill C-45 is expected to be reviewed over the next 18 months. A look into Canada’s lobbyist registry reveals that seven cannabis companies engaged with federal politicians last year, as well as several meetings initiated by the Cannabis Council of Canada, that discussed excise tax.

Government bodies are slow to enact changes  

In early 2022 Omar Khan, a senior vice president of pot retailer High Tide, met with officials from the Prime Minister’s Office and members of the Official Opposition to advise Ottawa on broadening their economic perspective when regulating cannabis in the future. 

“When you talk to them and you let them know that the GDP contribution right now is comparable to auto manufacturing, or to life sciences or even to dairy, when you show them those statistics they’re quite taken aback,” Khan told BNN Bloomberg in an interview.

Most recently, a new report provided by EY Parthenon on behalf of the Cannabis Council of Canada echoes Sutton’s white paper in calling for an overhaul of Canadian cannabis firms’ excise tax rate. It aims to create a single, harmonized federal excise stamp rather than provincial ones, and a reduction of regulatory fees.

As the Globe & Mail notes, there’s no indication Ottawa intends to shift its stance on the excise tax. The only talk of cannabis taxation in the April budget was a nod to the government’s desire to give First Nations the ability to introduce their own levies.

“Health Canada has launched a limited review of regulatory charges, but that exercise doesn’t extend to excise taxes,” the report went on to say.

Regulations vary product to product

Another thorny issue for businesses that make both CBD and THC products, such as Abide, is the distinction in tax regulations.

Abide produces hemp for their CBD products, but the regulations require their CBD products to prove they contain a low-enough THC level to be tax-exempt; if the product contains enough THC, it falls under the excise tax rate.

“If we want to increase the CBD levels to, say, 12%, which pushes the THC limit above the 0.3% threshold to be exempt, then we’re now paying taxes. Generally, the regulations are pretty good but they just need to be tweaked here and there.”

In fact, the feds should follow their own policies. When “cannabis 2.0” arrived in Canada with a slew of edibles and oils, Ottawa decided on excise duty of one cent per milligram of total THC. “If it worked for edibles, it should work for dried flower,” Marcus says.


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David Silverberg

David Silverberg is a freelance journalist who writes for The Toronto Star, BBC News, The Washington Post, Business Insider, Cannabis Health, Merry Jane, High Times and many other outlets. He is also a writing coach helping freelance journalists and creatives level up their careers.

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Snake Venom and Cannabis: Kenya’s Economic Salvation?

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George Wajackoyah, one of four Kenyan presidential candidates in the pending national elections, is proposing to legalize cannabis and raise snakes for their venom to jump start the domestic economy.

Beyond the cannabis play, snake venom is used to manufacture drugs like high blood pressure medication and is used in treatments for blood clots, heart disease and as an antidote for snake bites. On the foreign export market, venom can be sold for as much as $120 per gram. The market for this product is also growing—and expected to reach $1.5 billion by 2027.

Wajackoya is a lawyer and a member of the Roots Party which is also advocating for a four day work week. However, it is his esoteric proposals on the cannabis and venom front which is allowing him to make at least a decent showing if not capture votes that might otherwise go to the leading two candidates—a former Prime Minister and the current Deputy President. The cannabis theme alone is pulling undecided voters to his camp. Some expect him to do well enough to force a runoff.

In the meantime, the entire election is getting even more controversial with the barring of Reuben Kigame, a well-known blind gospel singer, from being a candidate at all. Beyond the presidential race, six of the top candidates vying for governorship positions are now facing unwanted scrutiny for allegedly submitting fake academic credentials to the Independent Electoral and Boundaries Commission.

Cannabis reform, in other words, is far from the most controversial topic in Kenyan national politics this year even though it is one of the most internationally newsworthy ones.

The Impact of Cannabis Cultivation in Kenya

Kenya, a country in East Africa bordering Uganda (now exporting high THC cannabis to Israel and Europe), is holding its presidential elections this August. There are several other proposals on the table to help the average citizen, including a $60 a month stipend for Kenyans who are unemployed.

It is primarily known for its Big Five wildlife population, annual wildebeest migrations and Mount Kilimanjaro.

Tragically the country is also known for other reasons that are not so breath-taking. The country is considered a lower-middle income economy with about 16% of its population at or below the international poverty line. Beyond this, it suffers from extreme gender and other economic inequality, government corruption and severe illnesses that affect large parts of the population such as HIV, malaria, and pneumonia. Beyond this, the country suffers from a terrible lack of basic infrastructure that leaves about 19 million people (about 35% of the population) without access to clean drinking water.

Kenya is also suffering from direct fallout of the Ukraine War. The conflict has disrupted the supply of wheat, maize, fertilizer, and oil seeds to the country. Wheat prices alone have more than doubled. This may be the reason that as of early this month, the country became one of the top three countries in Africa to receive money from expats working abroad (used to pay for education as well as basic medical and household expenses).

The Worth of African Hemp

While presidential promises are often not all they are cracked up to be post-election day no matter where such contests are held, this may be especially true in Kenya. Here is why. According to U.S. federal data from the USDA, hemp prices can vary dramatically from state to state even in the U.S. For example, in Colorado, hemp sold for $4.09 a pound last year. In contrast, it went for $503 a pound in Massachusetts. That delta is for a product that has now been made legal on a national level.

International sales are equally divergent in price. High quality, indoor grown GMP hemp is a far different beast than hemp grown outdoors. Beyond this, the plants must test clean of heavy metals and pesticides—and below national and regional import countries mandates on THC percentage (between 0.02% and 0.03%).

Bottom line? Snake venom farming may prove to be more lucrative on the international market for the struggling Kenyan economy. But it is clear that cannabis reform is a global topic this year—and likely to show up in elections far from Africa.

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Asia’s Bumpy Green Rush – Thailand Moves to Legalizes Growing and Shipping Weed, While Hong Kong Bans All CBD Products

Asia’s Bumpy Green Rush – Thailand Moves to Legalizes Growing and Shipping Weed, While Hong Kong Bans All CBD Products

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Asian cannabis thailand hong kong

Thailand has legalized the trade and cultivation of marijuana; they are the only Southeast Asian nation to enact the reforms, according to reports from the Washington Post. Anutin Charnvirakul, Thailand’s Health Minister, said he wishes the move would improve the economy of the nation, especially the agricultural sector.

 

Earlier this year, Anutin authorized the removal of marijuana from the Thailand Narcotics List. Medical cannabis was legalized in Thailand in 2018. The health minister has stated that people making use of marijuana in unproductive ways, like consuming it in public, could still be subject to consequences, like a fine of up to 780 dollars and three months prison time. Officials aren’t pushing to make a tourism industry around marijuana.

 

When talking with CNN, Anutin said they have always given emphasis to the use of marijuana extracts and raw materials for health and medical benefits. He added that the thought of supporting individuals to use marijuana for recreational purposes under any circumstances has never crossed their minds.

 

The market value of marijuana-related firms is predicted to be more than $1 billion, as reported by the Thai Industrial Hemp Trade Association. By 2024, it is expected to have nearly doubled. The Thai FDA (Food and Drug Administration) has declassified cannabis and hemp as Category 5 narcotics, allowing eateries and cafés across the nation to serve marijuana-infused goods containing a maximum of 0.2 percent tetrahydrocannabinol (THC), the main intoxicating ingredient in the plant.

 

Paisan Dankhum, a Health Ministry official, informed Reuters that almost 100,000 individuals have registered with the government to grow marijuana via the PlookGanja app. The Ministry of Health has said it authorized 1,181 marijuana-derived merchandise, including food and cosmetics, and it is expected that the industry will gain up to 15 billion baht (435.16 million dollars) by 2026.

 

THE RELAXING OF CANNABIS LAWS

 

Cannabis supporters say the easing actively decriminalizes cannabis; however, personal consumption for recreational purposes is still strongly discouraged by the government. People have likewise been cautioned against publicly smoking. Smoking outdoors is regarded as a public annoyance, and offenders could be arrested and fined, said the authorities. However, the government hopes that creating a local marijuana trade will improve tourism and agriculture

 

Minister Anutin, on his social media accounts last month, said this is a chance for individuals and the state to gain revenue from hemp and cannabis. On his Facebook, he shared a picture of a chicken dish prepared with marijuana, including that anybody could sell that type of dish provided they followed the guidelines, of which the primary one is that products must have lower than 0.2% of THC, the compound that produces the intoxicating feeling.

 

Having a tropical climate throughout the year, Thailand has had a long history with marijuana which a lot of the citizens normally use in making traditional drugs. Starting this month, households will be eligible to grow up to six marijuana pot plants in their home upon registering with the authorities, and firms as well can cultivate the plant with a license.

 

Customers will also be able to request marijuana-infused drinks and dishes in restaurants. Hospitals over the nation can also more willingly offer marijuana as a treatment. Thailand, back in 2018, became the first country in Asia to make the medical use of cannabis legal. Under the agenda, the government announces it also intends to free around 4,000 convicts found guilty of marijuana-related offenses.

 

A broader draft law on marijuana management is presently being evaluated in the Thai parliament. Supporters think that these next years could bring a gradual relaxing of the regulations governing the use.

 

RECREATIONAL CANNABIS

 

Canada and Uruguay are the only two nations to have completely legalized the recreational use of cannabis. In 2018, the use and possession of marijuana became legal in Georgia. A Supreme Court verdict last year in Mexico could pave the way to legalization over there. And quite recently, in late 2021, recreational marijuana for personal use was legalized in Malta, making them the first country in the European Union to do so.

 

Still, some territories have gone in a different direction, like the Thai government, which is still adamant about the restrictions placed on the recreational use of cannabis, especially in public places. This week, the government of Hong Kong declared its plans to outlaw the export, import, manufacture, possession, and sale of products that contain CBD, a chemical obtained from cannabis that does not induce intoxication and is sold to handle sleeplessness and anxiety.

 

THE REALITY OF THE SITUATION

 

There tends to be confusion about the situation in Thailand. Has cannabis been legalized or not?. As the Thai tourist economy comes out from its lengthy Covid nap, a lot of travelers will wonder if the recent liberal administration governing marijuana means that they can smoke a joint anywhere and anytime they want.

 

The government’s response is no, you cannot smoke cannabis in public, and extracts containing more than 0.2 percent of the key psychoactive ingredient THC are still unlawful to sell or distribute.

 

According to an analysis by Johnathan Head from BBC News, the official aim is for the nation to get an edge over its neighbors in gaining a large piece of the profitable market for health therapies making use of marijuana derivatives, especially the less severe compound CBD. However, there is an alternative motive, which is to decrease overcrowding in a few of the most overcrowded jails in the world.

 

All this, in theory, means that with the growth of the plant now totally legal, the law enforcement agencies are now unlikely to apprehend people just for marijuana possession. The government claims that manufacture and consumption are only allowed for medical purposes and no form of recreational use, but in practice, the border between the two has already blurred.

 

BOTTOM LINE

 

The Thai government being the first to legalize cannabis for any purpose in a region known for very strict drug ordinances, is trying to maintain their firmness on the use of the plant recreationally while attempting to gain the benefits of the plant in the medical sector and gaining an economic edge over its neighboring nations.

 

THAILAND GOES GREEN, READ MORE…

THAILAND LEGALIZES MARIJUANA MEDICAL

THAILAND LEGALIZES MEDICAL MARIJUANA, READ THIS!

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