Marijuana Consumption: 5 Different Ways To Use Marijuana

Marijuana use is one of the most heated topics among policymakers, government officials, medical professionals and the general public in the US. The fact that marijuana can be used for recreational as well as medical purpose further aggravates the situation.

Currently, around 33 US states have legalized the use of medical marijuana, and ten states have also legalized the use of recreational marijuana. However, despite the fact that the states are stepping forward to legalize the use of marijuana, the federal government is still reluctant.

This disruptive scene of marijuana usage is not stopping people from consuming it. And when we talk about marijuana consumption, then smoking is not the only way. There are numerous options to consume marijuana, and the list is growing every day.

From eating, inhaling, and drinking, here are given the most popular ways to consume marijuana:

Smoking:

Smoking is the most common way of consuming marijuana in which you roll it into a cigarette, or use in pipe, cigar or hookah. People who want the immediate effect of marijuana prefer this method as smoke containing marijuana components immediately enters the body. And within a few minutes, you can start feeling ‘high’ – the impact of marijuana.

Vaping:

Those who prefer healthy marijuana consumption opt to vape. Grasscity vaporizers don’t produce smoke, so your lungs will not have to suffer the consequences of your desire to get ‘high’. No smoke means no toxic compounds and no toxic compounds mean the healthy experience of marijuana consumption.

There are different types of vaporizers including pens, the desktop version, and the hand-held version. But whatever is the case, they all offer healthy consumption experience.

Dabbing:

It is similar to vaping, but it quickly makes you ‘high’ than vaping. It uses THC extracted from marijuana plant in three types of concentrated forms: oil, soft solid and harsh solid form. Dabbing requires a lot of other gadgets including blowtorch, rig, etc., but those looking to get extremely ‘high’ don’t mind bearing all this hassle.

As concentrated marijuana is more potent, so mostly beginners are not recommended this type of marijuana consumption. However, if you still want to try it, then do it on your risk!

Drinking:

Imagine: what if you can have marijuana coffee, tea or beer? Yes, it is possible! Those who don’t want to smoke or inhale marijuana fumes also have the option to drink marijuana brewed coffee or beer.

Though it is not a popular way, maybe because it is difficult to brew it, but this option does exist to ditch inhaling bitter smoke.

Eating:

Consuming marijuana through edibles is also becoming common as it causes strong psychoactive effects which last for a long time. Edibles can be any food item, but most commonly used forms are bakery items including cakes, pastries, cookies or gums, lollipops, and candies.

You can also find cannabis induced cooking items to make your kind of edible dish with perks of marijuana.

 

No matter which way you opt to consume marijuana, it is better to stay at a moderate end so that you don’t have to face any trouble after getting super ‘high’.

Tilray Launches Initial Public Offering

CANADA: Tilray, a vertically-integrated and federally-licensed cannabis cultivator, processor and distributor, announced that it has launched an initial public offering of its Class 2 common stock pursuant to a registration statement on Form S-1 previously filed with the United States Securities and Exchange Commission. Tilray has applied to list its common stock on the Nasdaq Global Select Market under the ticker symbol “TLRY”.

 

Agreement represents major milestone recognizing medical cannabis as a conventional medicine for patients in need

Tilray is offering 9,000,000 shares of Class 2 common stock at an initial price to the public between US$14.00 and US$16.00 per share (approximately CAD$18.40 to CAD$21.00 per share1). Tilray intends to grant the underwriters a 30-day over-allotment option to purchase up to 1,350,000 additional shares.

In order to qualify the offering of securities in Canada and to ensure that purchasers in Canada are not subject to restrictions on resale, Tilray has also filed a preliminary prospectus for a proposed IPO in Canada with the securities regulatory authorities in each province of Canada other than the Province of Quebec. Tilray does not intend to list on any stock exchange in Canada.

Cowen and BMO Capital Markets are acting jointly as book-runners for the proposed IPO. Cowen is acting as the sole book-running manager for the IPO in the United States, and BMO Capital Markets is acting as the sole book-running manager for the IPO in Canada. Eight Capital is acting as lead manager for the IPO in Canada. In the United States, Roth Capital Partners is acting as lead manager and Northland Capital Markets is acting as a co-manager for the IPO.

The offering will be made only by means of a prospectus. Copies of the U.S. preliminary prospectus may be obtained from the SEC’s website or from Cowen by contacting Cowen c/o Broadridge Financial Services, 1155 Long Island Avenue, Edgewood, NY, 11717, Attn: Prospectus Department. Phone: (631) 274-2806. Copies of the Canadian preliminary prospectus may be obtained from www.sedar.com or from BMO Capital Markets by contacting BMO Capital Markets, Brampton Distribution Centre c/o The Data Group of Companies, 9195 Torbram Road, Brampton, Ontario, L6S 6H2 or by telephone at (905) 791-3151 Ext 4312 or by email at torbramwarehouse@datagroup.ca.

A registration statement on Form S-1 relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

1Based approximately on the Bank of Canada daily exchange rate on July 5, 2018 of C$1.3129 = US$1.00

CCTV Expands Footprint, Programming Offerings Via GreenScreens Deal

COLORADO:  GreenScreens, based in Boulder, Colorado, industry leaders for in-store information boards and California-based Cannabis Club TV, the only digital cannabis infotainment network backed by Tommy Chong, have entered into an agreement to combine resources providing cannabis dispensaries with a one-stop shop for digital footprint management.

According to a joint press release, the new partnership features the first and the largest Direct Out Of Home (DOOH) and Over the Top TV (OTTtv) portable broadcast network devoted to the cannabis industry. It provides the customer a visual path to brand awareness, the budtender an opportunity to up-sell, the cannabis brand an outlet to tell its story, and the dispensary a sales lift to the brands in the store.

“Combining our business model with GreenScreens just made sense, Cannabis Club TV is all about providing customers with more choices for great video entertainment integrated with mobile and quality service,” said Danny Keith, Cannabis Club TV CEO. “Providing the dispensary with entertainment and menu boards guide consumers to better purchases and empowers staff with solutions to increase sales.”

The deal will leverage the executive staff and sales teams of both companies to manage the existing 10 states (WA,OR,CA,CO,NV,MI,MD,FL and AZ) and about 350 screens in those markets. The opportunity to expand both networks exponentially will allow this new collaboration to grow to over 700 screens by the end of June 2018.

“It is a perfect synergy!  Coming off our 2017 results, where we’ve opened over 40 stores in Colorado alone.  We are excited to partner and aggressively grow our store base outside of Colorado.  We see this key partnership with CCTV as one important piece of our growth strategy” -Ryan Sterling CEO GreenScreens.

One Love dispensary in Long Beach, CA  owner and COO Jeremy Abrams, a quick adopter of the combined technology play says: “I couldn’t be happier with how beautiful the digital displays and televisions came out. Everything about it was simple. From the Installation to fine tuning, the process and product couldn’t be any better.”

Dispensaries and medical offices providing services to cannabis patients can contact either company to obtain an unparalleled digital experience with no installation costs.

Michigan: Legalization Coalition Turns In 360,000 Signatures To Place Issue On 2018 Ballot

MICHIGAN: Proponents of a voter initiative effort to legalize and regulate the personal use and retail sale of cannabis in Michigan have turned in more than 360,000 signatures in an effort to qualify the measure for the November 2018 ballot. Advocates must possess a total of 252,523 valid signatures from registered voters in order to place the initiative – the Michigan Regulation and Taxation of Marihuana Act – on next year’s ballot.

The initiative permits those over the age of 21 to possess and grow personal use quantities of cannabis and related concentrates, while also licensing activities related to the commercial marijuana production and retail marijuana sales.

Proponents of the effort, The Coalition to Regulate Marijuana Like Alcohol, include members of the Marijuana Policy Project, the ACLU of Michigan, the Drug Policy Alliance, the National Patients Rights Association, Michigan NORML, MI Legalize, the Michigan Cannabis Coalition, and lawyers from the State Bar of Michigan Marijuana Law Section.

Advocates sought to place a similar measure on the Michigan ballot in 2016. That effort was ultimately turned back when lawmakers imposed and the courts upheld new rules limiting the time frame during which signatures could be collected.

Marijuana law reform advocates are presently gathering signatures for voter-initiated efforts in Missouri and Utah. Proponents of a medical marijuana initiative in South Dakota have turned in their signatures and are awaiting a review by the Secretary of State’s office. A statewide initiative legalizing the use of medical marijuana in Oklahoma has already qualified for the 2018 electoral ballot.


For more information, contact: https://www.regulatemi.org or Justin Strekal, NORML Political Director, at (202) 483-5500.

Retail Is The Focus Of Marijuana Venture’s RAD Expo Jan 17-18 In Portland

WASHINGTON: The RAD Expo, a national b2b trade show exclusively focused on the marijuana retail and dispensary business, is coming to the Oregon Convention Center in Portland on Jan. 17-18.

Marijuana Venture, the national cannabis business publication producing the event, is offering free tickets to all current and future owners, buyers and employees of marijuana retail stores and dispensaries, if they register in advance. Admittance for qualified attendees is $25 on the day of the show. The general public will not be allowed admittance.

Exhibitors are expected to include companies and individuals who supply goods and services to existing and future retailers in the legal marijuana space.

“We looked around and saw that the retail side of the business was not being well addressed,” said Marijuana Venture Publisher Greg James. “There are dozens of trade shows that focus on growing and cultivation, but no national trade shows for the people who actually sell marijuana.  We anticipate that exhibitors will include retail design firms, fixture manufacturers, lighting experts, packaging companies, growers and snack food companies. The list of possible vendors is endless in retail. In addition, we plan on allowing qualified buyers and retail employees free admittance if they pre-register. We’re following the same model as major traditional shows like CES and BookExpo in which buyers are always allowed in free. This promotes a lot of foot traffic and qualified buyers.”

Oregrown Flagship Grand Reopening March 3

OREGON: Oregrown Industries will celebrate the grand reopening of its flagship store with music, food and beverages this Friday, March 3 from 4-6 p.m. at 1199 NW Wall Street in downtown Bend. The event marks the completion of construction of an expansion that has nearly tripled the size of the company’s retail store.

“Oregrown was launched four years ago by a group of friends with a dream to grow and sell the best cannabis in the world right here in Bend, Oregon,” Hadar said. “Today, we are extremely proud to have completed this expansion, which allows us to add nearly two dozen employees to our retail staff, reduce wait times for our loyal customers, and increase our selection of top shelf cannabis flower, extracts, edibles and other products.”

Bend State Representative Knute Buehler offered his congratulations on the expansion, which cements Oregrown’s presence as an anchor merchant in downtown Bend.

Bend has developed a national reputation for its talented entrepreneurs and for pioneering new industries,” Buehler said. “I am excited to see Oregrown continue to contribute to this culture of innovation by expanding locally and creating even more jobs in our community.”

Rod Porsche is the executive director of the Downtown Bend Business Association, which has partnered with Oregrown on community improvement projects like the beautification of a pocket park at the northern gateway to downtown, and the Bend Oktoberfest, which supports the Association’s flower basket program.

“Downtown is a better place with Oregrown here,” Porsche said. “The Downtown Bend Business Association appreciates Oregrown’s commitment to making our community an even better place to live, work and visit.”

Oregrown has steadily increased its commitment to the Bend business community. Co-owner Hunter Neubauer has recently joined the board of directors at the Bend Chamber, where the company is a platinum sponsor and underwriter of the Chamber’s Young Professionals program.

“It’s been a great pleasure working with local business owners to bring prosperity and opportunity to Bend,” Neubauer said.

Hadar said Oregrown welcomes all community members 21 and over to Friday’s grand reopening event, which will feature food, beverages, music, and appearances by Oregrown Team Rider skiers and snowboarders.

“This Friday, we just want to say ‘thank you’ to our amazing customers, our wonderful downtown neighbors and community leaders,” Hadar said. “We are humbled and inspired by your love and support.”

Spending On Legal Cannabis Accelerates

NEW YORK: The rapid growth of the legal cannabis industry could help spur the U.S. economy. According to a report from The Marijuana Policy Group, the legal cannabis market in Colorado alone created about 18,000 cannabis-related jobs in 2015 and generated about $2.39 billion in economic activity for the state. In 2016, cannabis-related companies employed an estimated 100,000 to 150,000 full- and part-time workers, as was indicated in a report by Marijuana Business Daily.Legalization of cannabis for recreational use in four states in 2016 will further fuel the growth of this market.

According to a 2016 cannabis report from the Cowen Group, a New York-based market research firm, annual consumer spending in cannabis is estimated to be $30 billion.

California, a state home to 38 million U.S. citizens, legalized recreational cannabis use in November and is expected to boost the legal cannabis market. Vivien Azer, a cannabis analyst with Cowen, claimed that the nation’s legal market will grow rapidly over next decade due to consumer spending on recreational and medical cannabis.

 

MedMen Acquires New York Medical Marijuana Company

CALIFORNIA: MedMen, a Los Angeles-based cannabis management and investment firm, announced today that it has acquired Bloomfield Industries, Inc., one of only five Registered Organizations licensed to operate a medical marijuana business in the State of New York. The acquisition provides MedMen with the opportunity to apply its operational expertise and institutional best practices to one of the largest potential medical marijuana markets in the country.

The transaction occurred through a sale of Bloomfield Industries’ capital stock, thereby allowing Bloomfield Industries to remain as the Registered Organization under the New York State Public Health Law.

Since October of 2016, MedMen has been working with Bloomfield Industries to help streamline operations, improve production capabilities and provide a better overall patient experience. MedMen’s post transaction plan includes the development of a state-of-the-art cultivation and production facility in Utica, as well as applying MedMen’s industry-leading retail model to Bloomfield’s current three pharmacies in Syracuse, Buffalo and Lake Success. Bloomfield Industries also intends to roll out a new pharmacy in Manhattan, making it one of only two medical marijuana pharmacies operating in the city.

“New York is critical to our broader strategy,” said Adam Bierman, co-founder and chief executive officer of MedMen. “We are talking about the fourth most populous state in the country and home to one of the largest, most densely populated cities in the world. We have the opportunity to serve roughly a fifth of that market, perhaps more and we are very excited about this opportunity.”

Massachusetts Marijuana Sales To Top $1 Billion By 2020

MASSACHUSETTS: Arcview Market Research, in partnership with New Frontier Data, has released its Massachusetts Legal Cannabis Market State Profile, which shows the potential growth of the legal marijuana market after Massachusetts voters legalized adult-use on Election Night 2016. The official Arcview Market Research projection for the Massachusetts market is that it will grow to over $1 billion by 2020 at a compound annual growth rate of 113%.

“Unlike other places where cannabis is legal, Boston is within driving distance of many of the most populous places in America. This will make Boston the cannabis capital of the world in short order. This cannabis tourism will drive significant revenue, tax dollars, and job growth which will make legalization very attractive to neighboring states,” said Troy Dayton, CEO of The Arcview Group.

“As one of only two states on the East Coast to legalize cannabis for adult use, Massachusetts represents a significant opportunity for business owners and entrepreneurs in the space. The law does not limit product forms nor does it cap retail dispensary licenses, which are both factors that will positively contribute toward the billion dollars in sales projected by 2020,” said New Frontier Data Founder & CEO, Giadha Aguirre DeCarcer.

Over the next four years, the legal cannabis market in Massachusetts is forecast to grow from $52.0 million in 2016 solely from medical use sales, to an estimated $1.07 billion in 2020 with medical and adult use sales combined. The full regulatory structure and key program details of the adult use market remain to be determined, and the market could take a few different directions depending on the actions of the Massachusetts Cannabis Control Commission and local municipalities across the state. However, the broad parameters of the law create an opportunity for an open and expansive market.

Key trends that will be critical in shaping the growth and evolution of Massachusetts’ market covered in the report are:

  • Interplay between the medical and adult use markets
  • Competition from bordering states with legal medical and adult use programs
  • Regional, national, and international tourism demand
  • Physician participation and its impact on medical program growth

If you would like more information on Massachusetts’ legal cannabis markets, you can download the 2016 Massachusetts Legal Cannabis Market State Profile at www.ArcviewMarketResearch.com and the report can be ordered for $249.

 

New Report: Edibles Market Will Grow To $11B In 2017

CALIFORNIA:  OutCo, a Southern California based fully vertical cannabis company has partnered with Monocle Research in Orlando, Florida to conduct groundbreaking research on the new state of cannabis in California. The recent approval of recreational marijuana use in the state of California has generated an immense amount of interest from both businesses and consumers, as they attempt to grasp the size and scope of the impending changes. With so many questions surrounding the issue, OutCo set forth to gain insight on the growing industry and its impact through this report.

The study leveraged a qualitative and quantitative approach to ensure both breadth and depth of understanding for a diverse and representative population. Research methods included in-person interviews, focus groups and online surveys cast across the entire state of California targeting users and non-users of cannabis over the age of twenty-one. Additional variables included: varying usage levels, recency-of-use and acceptance.

Report key findings include:

  1. Marijuana consumables expected to grow to $11 billion by the end of 2017.
  2. Industry growth will be spurred by the entrance of 7 million new or returning marijuana users into the California marketplace.
  3. The rise of CBD use (a cannabis compound that has significant medical benefits). Many users and non-users expressed interest in the health benefits of CBD oils.
  4. As a growing user segment, millennials are replacing alcohol outright in favor of cannabis.

“One of the most interesting findings came from the users viewpoint, in that the lines between medical and recreational use are blurring,” said OutCo CEO, Lincoln Fish. “With more than half of all consumers stating that they use marijuana for both medical and recreational purposes.”

The report further revealed that users are turning to cannabis to help satisfy a wide spectrum of needs from helping them to sleep, to obtaining a new perspective on life, and even to be more productive. Users were quoted as saying, “cannabis is my key to a normal life” and “cannabis is my daily vitamin,” and finally, “cannabis makes moments more memorable.”

“Our main objective is to become a leader in the cannabis industry, which is why we decided to spearhead this research. We recognize our obligation to the growing consumer base and wanted to gain a better understanding of why and how they are using cannabis,” said Fish. “OutCo is looking to set a new standard in the cannabis space by embracing the scientific and providing quality products that support customer needs.”