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Upcoming Cannabis Trends in 2019

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Upcoming Cannabis Trends in 2019

This brand new year bodes well for its cannabis market. There is enthusiasm as we welcome new countries to the cannabis fold and ardent hope that we will see movement toward creating cannabis completely legal at the national level. Momentum from several significant improvements in 2018, for example, the addition of industrial plants from the new farm bill along with Canada’s nationally legalization, will surely continue to fuel production, entrepreneurship and policy.

Here are some tendencies and improvements we are keeping a close eye on as 2019 roars into life:

Legalization: Now the House of Representatives will likely be controlled by Democrats, a few of whom have left legalization component of their campaign promises, we can anticipate a great deal of talk on different federal statements. There’ll be heaps of ideas tossed around, a great deal of excitement and an overall expectation that the U.S. is moving toward an end of prohibition in the national level. In reality, Rep. Earl Blumenauer (D-OR) has even laid out a step-by-step procedure for making cannabis legal in 2019.

Department of Justice: That is a doubt for 2019. Fired U.S. Attorney General Jeff Sessions was a foe we had been familiar with. While his rhetoric could have prevented several firms and financial institutions from entering the area, he had no harmful influence on the business. Finally, there was a feeling that despite the bluster, he had been carrying a hands-off strategy to cannabis. Together with Sessions gone, there is a chance for a new attorney general to obstruct positive shift.

Industry leaders: That can be the year once we’re going to begin to find a bifurcation between businesses which are strong and the ones which aren’t. Up until today, cannabis was a “rising tide lifts all boats” type of business. But that will not be accurate. We are going to see those that are successfully executing their business plans receive a significant lift this year as consumer spending is predicted to jump 40 percent. But we will also begin to see inept businesses neglect. A good deal of folks kindly got into cannabis since it was sexy or the upcoming huge thing, and they are likely to pay a penalty for not understanding the business. 2019 will be a reality test, that can be a great thing for all those businesses which have strong, professional business programs in place, since we could anticipate retail investors to begin to have a back seat to big cash.

Capital immersion: Stocks were explosive for a couple months in the end of 2018 since investors were not certain how the landscape could change after Canada’s change to authorized cannabis. However, as institutional investors begin arriving, they will have a close look in everybody’s numbers and benefit businesses which are solidly performing and possess the standard hallmarks of a successful startup. That means capital will begin moving to the better players, and it will further distinguish them from the bunch. While there’ll be some fallout, generally speaking, it is a fantastic thing for the marketplace. A business built on hype and anticipation cannot survive. That is the year we are likely to understand that numbers and performance matter.

Terpenes: Terpenes are the chemicals that provide cannabis its taste. They also improve the sensory experience. It is known as the entourage impact, and it describes the manner terpenes and THC operate together to create a more powerful effect than can alone. Researchers are mining terpenes to detect the hidden qualities of those we all know about and discover any we have not yet identified. As we know more about which ones create what special consequences, we will begin to see better and new formulations for both recreational and medicinal applications.

Products: Over 30 percent of cannabis sales in California in 2018 have been vapes. We have to expect other nations to follow California’s lead with towering vape revenue in 2019. Low-dose goods are made to attract new customers to the cannabis area, will begin to create a showing this season. Including ready-to-consume edibles, drinks, and vapes. Distillate oils, that can be almost odorless and tasteless, provide flexibility and potency. Start looking for them to donate to an explosion of fresh cannabis-infused solutions. At precisely the exact same time, we will see blossom sales begin to decrease as a proportion of overall sales, as vapes and infused products eat away in the class. The drink category will also earn a good deal of sound in 2019. It is going to become a hot subject and will find some extra traction. However, regardless of the hype, it likely will not get a good deal of true market share until 2020 or 2021. It takes some time to fine-tune drinks, but they’re anticipated to become a $600 million company by 2022.

That which we will not see nevertheless are some national brands. Provided that interstate trade is refused to cannabis, it is going to be hard to produce one. It is reasonable in a few ways. Whenever there are a limited number of licenses, why would New Jersey give one to some California-based firm? Additionally, minus the capacity to standardize processing and growing, there is no brand awareness — meaning there is no way to create merchandise in Ohio that tastes precisely the same as you created in Florida. It is left to individual areas to come up with their own regional brands.

If you want to start growing cannabis at your home, you will need LED Grow lights. Before buying grow lights, click here to check led grow lights reviews.

No matter the brand new year brings, we could anticipate that cannabis will continue to grow, with new goods, fresh capital and new customers entering the area in ever-growing amounts.

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Coca Cola Denies Rumors Regarding CBD-infused Product Development

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Coca Cola

Coca-Cola has no plans to enter the CBD market with its products, dismissing rumors about the company selling beverages incorporated with hemp oil.

Kent Landers, Coca Cola spokesperson, said in an interview with FOX Business that the speculations are not valid. He reiterated that the beverage giant had no intention of joining the CBD craze as what they have stated several times.

The rumors have arisen after a Youtube video of a man popping open a can of Coca Cola and claiming that it is infused with cannabidiol oil, a cannabis leaf extract typically used to alleviate pain without causing a high. The video has since been deleted.

About the video

The Youtube user who made the video, “Gabor the Blind Guy”, claimed to the viewers that he got ahold of the product via his father who allegedly produced capping and bottling machines for several primary food and pharmaceutical companies.

He further stated that his father was contacted by Coca Cola Canada to develop a machine that would produce childproof caps for Coca Cola cans. The company is said to release a new line of products infused with cannabidiol extracts, which are considered as cannabis-based substances as declared by Gabor.

Coca Cola was supposedly looking into a collaboration with Aurora Cannabis, a Canada-based cannabis production company. The beverage powerhouse allegedly eyed the CBD market since it grew in demand, as reported by Bloomberg last September of 2018.

Warren Buffet and Charlie Munger, CEO and Vice-Chair of Berkshire Hathway, respectively, indicated that Coca Cola joining the marijuana industry would not be right. In an interview with FOX Business Liz Claman, the experts said that entering the CBD market will be detrimental to the wholesome image that the company has kept throughout years.

Munger stated during the Berkshire Hathway Annual Shareholders Meeting held in Omaha, Nebraska that going into the cannabis market is a massive mistake for the company. The company’s image does not align with cannabis and its related products.

James Quincey, Coca-Cola CEO, dispelled the speculation in October, declaring that the company does not plan to get into the CBD space at this stage.

More about CBD

Cannabidiol oil has gained significant popularity over the recent years because of the positive reception from users. CBD is now known as an almost magical remedy that cures or alleviates pain, sleeplessness, anxiety, and more. Users claim that CBD is useful in resolving a broad range of health conditions.

However, there is still no formal regulatory framework for CBD from the Food and Drug Administration or FDA, the regulating body that is supposed to safeguard consumers from fake and harmful products. Many advocates, cannabis groups and even members of the House have called on FDA to hasten the process of providing a clear set of guidelines for the use and sale of CBD products.

The only FDA-approved medication out in the market today is Epidiolex, a drug used as an adjunct treatment for intractable epilepsy. It means that other CBD products out in the market today cannot be advertised as medication or food supplements, which makes adds to the confusion regarding the legality of the industry and the products.

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CBD-Based Wellness and Skincare Products for Newbies

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Active ingredients in skin care products can take hours of research, and several clinical trials to determine which ones really work. While nature-derived substances are considered safer, some allergies and skin sensitivities can still cause a reaction when using natural remedies.

Cannabidiol or CBD is the latest natural ingredient that has sparked interest in the wellness industry. It is extracted from Cannabis sativa L., the source plant for hemp and marijuana. Many questions arose regarding the application of CBD on skincare: does it work? What are the benefits of using it for wellness and beauty? Does it give a “high” when used, like in marijuana?

To clarify, cannabidiol is derived from the non-psychotropic component of marijuana. It has little to no tetrahydrocannabinol (THC) content, which is the compound responsible for the psychoactive effect of the drug. Several countries have banned CBD products, but most formulations are safe to use and have zero dependency potential.

In terms of skincare benefits, CBD can be used to soothe, calm, and relax the skin. CBD is touted to have anti-inflammatory effects, which makes it a viable cure for acne. It is also believed to bring balance to skin sebum levels, controlling breakouts. CBD, as a plant-based ingredient, is rich in anti-oxidants and reduces wrinkles, roughness, and dull skin.

It might be confusing or intimidating to start on a CBD-based skin regimen. Some factors to take note of when choosing a CBD product for skin care are the method of extraction, packaging, purity and INCI compliance.

Here are some CBD-based skincare products that you can incorporate into your CBD routine.

Cannuka

Cannuka combines CBD oil and Manuka Honey to provide its all-natural skincare solution. Some of their products include CBD Harmonizing Face Cream, CBD Skin Balm, and CBD Calming Eye Balm, which showcase the healing capabilities of both ingredients. The products were created for the purpose of skin therapy.

The company ensures thoughtful harvesting, sustainable sourcing, and quality. Their hemp farms are known to produce quality cannabidiol since 2014. Their Manuka honey is sourced from an established farm in New Zealand.

Populum

For evening skin routine, the Lavender CBD Face Oil from Populum is an excellent choice. It is made of full-spectrum hemp oil and incorporated with lavender to give a calming sense while also working towards reducing signs of aging. The effect is a more youthful and radiant skin after applying during the night.

CBD and lavender are a good combination, which provides antioxidants, and as well as give a soothing effect for an improved mood and wellness.

Lily CBD

Lily CBD is a company that values integrity, safety standards, and paying it forward. Their CBD-infused product, Essential Oil Rollers, is promoted as a gift item for loved ones with a busy schedule. They incorporate full-spectrum cannabidiol in their products and have travel-friendly skincare items that minimize discomfort after a long trip.

Bathing Culture

Bathing’s Cultures CBD product is Dipsea Soak, which is specially formulated to reduce stress and provide a relaxing bath experience.

Fleur Marche

Fleur Marche is known for its informative labeling and transparency of their products. The Starter Kit is their offering for people wanting to start a CBD routine, with products such as Balance Drops, Nite Nite Patch, Luxury Beauty Serum, CBD Mint Truffles, and CBD & Honey Ache and Pain Relief Stick that are best-selling for their effectiveness.

They Call Her Alfie

The premium collagen and certified CBD make They Call Her Alfie products a hit in the market. They offer fast-acting skincare on their Forever Firming Duet Set, which works to rejuvenate and reinvigorate the skin.

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76% of Americans Falsely Believe FDA Regulates CBD

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In a survey conducted by the Grocery Manufacturers Association, more than three-quarters of Americans have assumed that CBD products sold commercially are controlled by the Food and Drug Administration (FDA), which is mostly untrue.

Of the 2,056 respondents who joined the survey, 76% believed that CBD-based products were regulated by the FDA, while 16% of the respondents were doubtful as to the regulation of CBD by the FDA. The study marked around 92% of Americans who are still confused by CBD regulations or apparent lack thereof.

What the study revealed

According to the study, over 6 in 10 Americans or 62% of the respondents are aware of cannabidiol products, but most of them are mistaken or doubtful about the nature of CBD, its effects, and whether all CBD-containing products are safe for consumption.

The only cannabidiol-based product that FDA has approved is Epidiolex, a medicine derived from marijuana that is used for the treatment of specific seizure disorders. The FDA stated that more studies need to be conducted before they can hand the approval for CBD, whether mixed in cosmetics, food, or other products. That, despite topical and salves being openly marketed at big retailers such as Walgreens, CVS, and Kroger.

The popular assumption regarding CBD stems from the 2018 Farm Bill. It legalized industrial hemp, which is where cannabidiol is derived. Jeff Lawrence, Colorado Department of Public Health and Environment director of Environmental Health and Sustainability, stated that the federal approval granted to hemp made consumers assume that CBD products are now regulated and legal even if it’s not the case. The Farm Bill only approved fiber and seed products derived from industrial hemp, not CBD.

A look at CBD in Colorado

Cannabidiol has become a commodity over the years. Lawrence said that they had observed it in Colorado, where marijuana and other cannabis-derived products are somewhat progressive.

Lawrence added that Colorado made efforts to oversee CBD within the state. The Colorado Legislature allowed hemp and hemp-derived cannabidiol as a food and cosmetics additive since 2018.

States that legalized marijuana and have progressive industrial hemp laws like Oregon and Colorado have regulated CBD use. However, there were certain factors that prevented the FDA from researching about CBD easily until recently.

Before the Farm Bill, hemp was included in the federal list of controlled substances, along with heroin and THC-laden marijuana, which means that studies on CBD were undertaken by the Drug Enforcement Administration (DEA). However, now that hemp is legal, Lawrence believes that federal research on CBD will experience change.

Lawrence further stated that the FDA had little capacity to inspect CBD from a medical viewpoint. Now, the agency is still trying to understand what CBD really is.

FDA stance on CBD

Although the FDA still has much to do about CBD regulation, the agency stressed that the substance is still illegal as an additive to consumed products. However, the CBD industry is still booming despite it. The agency recently penned warning letters to fifteen CBD companies that use fake promotional claims on their products.

While the FDA is yet to issue official guidelines on CBD regulations, consumers are responsible for choosing which CBD products to buy and use, and conduct a self-research on how such products may affect them. It includes inspecting the product label, third-part lab test procedures, and the company’s reputation.

Some reports have shown that several products could have more or less of their advertised THC or CBD content.

Lawrence believes that CBD-based product testing is a crucial issue to be handled by the CDPHE and the Governor’s administration. He stated that the emerging industry could have companies that only look to cash in on the craze. The department is set on ensuring that CBD products are clearly labeled, hemp-derived, and contain the right dosage.

He also hopes that this CBD growth will encourage Colorado state departments to create new regulations. He sees the need for the alignment of benefits concerning the agricultural crop, whether in Colorado or other parts of the country.

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