Connect with us

Research

Labatt teams up with Tilray to create research joint venture

mm

Published

on

Labatt teams up with Tilray to create research joint venture

The parent firm of Labatt Breweries of Canada has struck a study deal with Tilray Inc. that is anticipated to lead to the introduction of many different non-alcoholic beverages comprising a number of the active ingredients contained in cannabis.

Tilray chief executive Brendan Kennedy states the B.C.-based cannabis manufacturer as well as also the Canadian arm of brewing giant Anheuser-Busch InBev will establish a joint venture to build on the experience of their various businesses.

Each spouse has committed to offering the equivalent of approximately $67.5 million of funds to the joint venture, which has not yet been named.

There is also no timetable however for if the combined venture will have beverages prepared to market on the Canadian industry. Current federal law permits non-medical usage of dried cannabis by adults however other kinds of marijuana are not yet authorized for recreational use in Canada.

Molson Coors Canada and HEXO Corp., a Quebec-based cannabis manufacturer, announced a similar venture in August. Alcohol manufacturer Constellations Brands Inc. spent $5 billion in Canopy Growth Corp. exactly the exact same month.
Kennedy states that Tilray’s approach is to partner with international companies, such as AB InBev, which may allow it to grow beyond Canada — among the very first nations to permit cannabis goods for non-medical use by adults.

“We are proud to be international leaders and people wish to pioneer together with other worldwide pioneers that are leaders within their various industries,” Kennedy said in a meeting.

Also Read: Anheuser-Busch plans to add Cannabis Drinks to Its Lineup

Tilray and Labatt will appear at a wide array of ready-to-drink and ready-to-mix drinks in several unique types, for different kinds of customers and different customer requirements, ” he explained.

Kyle Norrington, president of Labatt, says that his firm plans to create”a deeper comprehension of non-alcohol drinks including THC and CBD which will direct future decisions about possible industrial opportunities.”

THC, or tetrahydrocannabinol, is the component that offers bud users using a buzz whilst CBD, or cannabidiol, is a non-intoxicant which has medicinal properties.

Tilray Inc. stocks closed in US$71 on the Nasdaq marketplace before the statement down US$5.50 in the former close once they gained greater than $10 Tuesday after an enlarged co-operation agreement with all the Sandoz AG of Novartis, a worldwide pharmaceutical firm.

The Sandoz announcement follows recent developments to Tilray’s global advisory board, which comprises former finance ministers from Canada, Australia and Germany and politically connected agents from the USA including former Vermont governor Howard Dean and former lieutenant governor of Maryland Michael Steele.

In Canada, Tilray’s performance in Nanaimo, B.C., is licensed to create dried cannabis and cannabis extracts, such as both olive capsules and oil, for clinical purposes in Canada.

Also Read: ForwardGro has to pay fine for using banned pesticides on cannabis crops

The organization’s High Park subsidiary, that will work with Labatt, includes a licenced centre in Enniskillen, Ont., it plans to use to support the adult marketplace for dried cannabis and it is looking for a permit for a processing centre in London, Ont.

Source

Research

Marijuana Concentrate: What it is and why teens use it

Published

on

Marijuana Concentrate What it is and why teens use it

A new study reveals that more teens are now using the more potent form of cannabis, which is marijuana concentrate. The research published recently also stated that said teens are likely to use and abuse different substances, too.

Marijuana concentrates are significantly more potent in that it contains really high amounts of tetrahydrocannabinol or THC, the component responsible for the psychoactive properties of marijuana. The concentrate may contain 40-80% (and higher in some cases) of THC in some of the products.

In contrast, the THC amount in a high-grade cannabis plant only averages about 20%.

The Arizona Youth Survey

The study published in August in the pages of the Pediatrics journal is the collated data from teens in the eighth, tenth and twelfth grade in the state, and amounted to almost 50,000 students in all. This study is based on the results gathered in the Arizona Youth Survey.

The research revealed that 33% of the participating students have tried cannabis once or more. Also, 24% owned up to having used marijuana concentrates at one time or another.

The concentrate is often called honey oil or budder due to its honey or butter-like appearance. It is also called by other names like dabs, hash oil, butane honey oil or BHO and 710.

The marijuana concentrate can be mixed to drinks or food, and even smoked using oil pipes or water. Other people like to use a vaporizer or an e-cigarette to inhale the vaporized form of the concentrate.

Among the participants, the 12th graders had a high number of users at 32.9%. Girls had a higher occurrence, and as well as students having parents who weren’t able to finish their high school.

The study also showed that students who use marijuana concentrates are more likely to get ahold of other substances, specifically e-cigarettes, as compared to users who consume other cannabis forms.

The researches further note how the number of students using this form of marijuana might be risking themselves of drug abuse since past studies show that adults exposed to high THC amounts are likely to suffer from cannabis use disorder, psychosis, and cognitive impairment.

UCI Center for the Study of Cannabis director at University of California Daniele Piomelli, Ph.D., PharmD, states that there is no clear reason why many teens use marijuana concentrates. Past trends from the 70s to the 90s only showed people using low THC-containing cannabis.

Concentrate dosage differs the effect

Plant cannabis use is a lot less potent than the concentrate, which means that using stronger marijuana concentrate can also produce greater psychological and physical differences in the user. However, the gravity of the effect will still depend on how much a person uses a substance, which in this case is marijuana.

Assistant professor at Colorado State University Mark Prince, Ph.D., stated that the research shows how frequent and heavy use of cannabis can definitely cause deleterious effects. However, he also adds that not having enough scientific information blurs the line between beneficial and dangerous cannabis use.

Marijuana concentrates the long-term effect

Piomelli stated that there is next to no information about the effects of dabbing or vaping products using marijuana concentrate. This leads experts to believe that the long-term effects of such preparation are still largely unknown.

Lab tests done by Prince and his team looked into cannabis potency and its effect on physical and mental effects but results have been mixed so far.

Field experts are convinced that more research needs to be conducted to determine all its effects, whether long or short term. There is still little to no knowledge about the chronic effect of the said substance.

Continue Reading

Research

Millennials are Preferring CBD Oil Treatments

Published

on

Milennials Are Preferring CBD Oil

The CBD Bandwagon has rolled too far to be pushed back into oblivion: or that’s what the recent studies believe. According to the study conducted by the NHS, about 50% of the millennials prefer to use CBD oil over prescription medicine any day. But what does that truly mean for the CBD Market? And why is it so important in the modern day world?

The Study

The National Health Services of England (NHS for short), has been funding different research behind providing better medical services to the patients. Recently, they had commissioned a study on 2000 adult subjects in the United Kingdom, in order to find the number of health-conscious millennials who are preferring to turn towards Cannabidiol oil as medication.

According to the studies, around 30% of the Britons are careful about going to psychiatrists for their mental ailments in the fear of being prescribed medicine that might be overkill for their symptoms; leaving them with severe side-effects and medicine dependencies. 38% of them are leaning towards CBD Oil for treating their symptoms, while 24% of the subjects prefer other holistic methods of treatment. Interestingly, if we separated these subjects with respect to their age, we can see that almost 50% of the millennials in the UK prefer to use CBD as a treatment for their mental ailments.

CBD Benefits

We have already spoken about the benefits of CBD countless times on our website. But for the newer readers among you, a slight recap might be in order for you to understand why so many people are leaning towards it nowadays. First of all, CBD is the component of Cannabis that isn’t addictive. This is a big deal as it helps its user to ensure that he or she will not become dependent on this medicine once he or she starts using it.

Second, it has many reported benefits in the beauty industry, the medical industry as well as in the world of psychiatry. In terms of beauty, its topical use can provide smoother skin, reduce dryness, reduce acne breakouts and ease skin irritation. As for its medicinal properties, it is a great pain reliever and can be considered as an alternative to a lot of other addictive painkillers such as opium.

It works great as a stress-reliever, anxiety reducer and sleeps inducer. But its most prominent use would most likely be the properties that make it suitable to be used as a medication for controlling epileptic seizures. With little to no side-effects, the benefits of CBD is huge.

How it affects the Market

After seeing such a rise in its popularity among different age groups, it’s no surprise that CBD can have a great impact on the market. According to different estimates, the CBD might hold a 17 Billion USD market in the world for beauty treatments and over 20 Billion in combined markets, by the year 2024. With such prospects dangling in the horizon, it’ll hardly come as a surprise if this research incites the British Government to relax some of their laws concerning this substance.

Continue Reading

Research

CBD Helps Pets Calm Down During Firework Stress

Published

on

CBD Pets Stress

Fourth of July noise

We all love a loud celebration. But our pets? Not so much. With the Fourth Of July upon us, many pet owners are turning to products that can help keep their pets calm during the explosive celebration. Many of the newer products in this category contain the active ingredient cannabidiol or CBD.

Stormy may be an ironic name for a dog because her name definitely doesn’t suit her dislike for loud noises. According to her owner, Hanbee Choi, Stormy is not a fan of loud noises like the vacuum, and of course, fireworks and firecrackers aren’t an exception. She also said that Stormy would hide under places whenever she’d hear the loud noises.

CBD helps pets calm down

Choi dropped by Chuck and Don’s pet store to look for products that will help with her pet’s stress and anxiety. She looked for products that contain the specific ingredient of cannabidiol or CBD. It’s a product derived from hemp that’s a powerful supplement. This particular compound is famous for its many health benefits without the intense side effects.

Elizabeth Hayden, the pet supplies store’s assistant manager says that CBD can cure diseases like a seizure, and also help alleviate pain, anxiety, stress, inflammation, etc. More customers are going for any CBD products in the form of a chewable tablet or gummies or concentrated oils. These CBD products are not like prescription drugs from veterinarians wherein you have to slowly wean off pets from it. They can be given to pets as needed, without the need to gradually decrease the dose as with the usual drugs given by vets.

Choi shares that CBD helps keep her dogs calm during car rides. She said that with CBD oil, her dog wouldn’t throw up or have any stomach issues during car rides. It kept the dog calm, allowing him to law down and go to sleep.

Keeping your pets calm during the noise

Staff recommends still placing pets in a quiet place on the Fourth of July or any day where you would anticipate fireworks. CBD-containing products should only be used in conjunction with that. You can place your pets away from windows or open spaces and play some music to drown out the noise.

The staff of the pet store supplies suggests that pet owners consult with their vets first before trying out any CBD products especially if they are also taking other drugs that may interfere with it. However, pet owners shouldn’t worry much about the side effects when using CBD on their pets. Many studies have proven the health benefits of CBD on pets as well as its safety even when taken at high doses or just occasional use.

Ultimately, CBD can be a life-saving supplement for your pets. It has significant calming effects on your pets that you will surely appreciate during times of stress like firework season

Continue Reading

Trending