Study: History Of Cannabis Use Associated With Increased Survival Rates Among Heart Attack Patients

COLORADO: Heart attack patients with a history of marijuana use are less likely to die during hospitalization as compared to those who test negative for the substance, according to data published in the journal PLOS One.

Investigators with the University of Colorado compared the hospital records of over 3,800 heart-attack patients who acknowledged having consumed cannabis or had tested positive for it to those of over 1.2 million similarly matched controls. They found that cannabis use was not associated with adverse short-term health outcomes, after controlling for potential confounders such as concomitant tobacco use. On average, patients with a history of cannabis use were younger than non-users.

Authors reported: “[M]arijuana-using patients were significantly less likely to die (OR 0.79), experience shock (OR 0.74), or require an IABP (intra-aortic balloon pump) post AMI (acute myocardial infarction) than patients with no reported marijuana use. These results suggest that, contrary to our hypothesis, marijuana use was not associated with increased risk of adverse short-term outcomes following AMI.”

They concluded, [T]hese findings suggest that additional study is warranted to further investigate these discoveries and to identify potential mechanisms by which marijuana is associated with improved short-term outcomes following AMI.”

Separate studies have similarly identified an association between marijuana use and decreased in-hospital mortality in trauma patientsthose undergoing orthopedic surgeries, patients with traumatic brain injuries, and heart failure patients.


For more information, contact Paul Armentano, NORML Deputy Director, at: paul@norml.org. Full text of the study, “Marijuana use and short-term outcomes in patients hospitalized for acute myocardial infarction,” appears in PLOS One.

Medicine Man Technologies Inks Licensing Agreement With Canada House Wellness Group

COLORADO: Medicine Man Technologies has announced an exclusive licensing agreement with Canada House Wellness Group, through itswholly owned subsidiary Abba Medix Corp., for deployment of its intellectual property and product lines (Three a Light™, Success Nutrients™, General Intellectual Property) into the Canadian marketplace.

The licensing agreement calls for an initial payment of $4.65M (CAD) in the form of cash and stock for licensing of Medicine Man Technologies’ intellectual property, product lines, and assignment of an existing Cultivation MAX agreement to Canada House.  Medicine Man Technologies will also be entitled to revenue-based fees related to this deployment over the duration of the license agreement and will be assisting Canada House’s marketing efforts.

Screenshot 2018-07-17 10.46.17Medicine Man Technologies’ current CEO, Mr. Brett Roper and members of the team will be working extensively with Canada House Wellness through the balance of this year to assist with the transition and product development, in particular focusing on the deployment of a highly efficient network of newly announced micro-cultivator license types in Canada as well as other goods and service offerings.

Brett Roper, Medicine Man Technologies’ co-founderand CEO commented, “We are very excited to be aligning ourselves with the Canada House team as they focus on their growth and value goals in the Canadian Cannabis marketplace.  In particular, this agreement provides potential future cost-based advantages to Canada House and craft-based micro-cultivators in the evolving supply chain, providing a more viable financial operating basis.  These types of opportunities facilitate the creation of additional jobs and infrastructure investments that will be very nimble and not tied down to any particular geographic area, also allowing for substantially less investment risk as we continue down this evolutionary path.”

“We are delighted to be working with Medicine Man Technologies, a leader in Cannabis cultivation technologies.” says Riley McGee, President of Abba Medix Corp. “By helping us improve our yields and quality, we believe that we will be a leading provider to the medical cannabis market and amongst one of the more sustainable and profitable companies in the industry. Our technology leadership will also be of immense benefit to the emerging micro-grower market.”  

The Sprinkles Of Cannabis Offers Consumers A New Kind Of Edible ~ Cupcakes

COLORADO:  Cannabis cupcake company, Jade & Jane, broadens consumer’s choices in the edibles market with recent introduction of single serving, recreational 10mg THC-infused cupcakes. Jade & Jane’s products are available to retail customers through licensed Colorado recreational dispensaries. Wholesale dispensary customers may contact Jade & Jane to place orders. Ordering through LeafLink is coming soon.

Started in 2016, Jade & Jane offers cannasseurs a delicious, handmade alternative to typical, “herbal tasting” edibles. Attractive visual appeal makes Jade & Jane products highly desirable. “We want consumers to feel excited when opening our cupcakes for an anniversary, birthday, or treat,”  says Jade & Jane CEO Stephanie Silva.
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“Our products are genuinely unique in the Colorado cannabis industry. Jade and Jane cupcakes provide a high quality, reliable, and steady experience because they contain tasteless THC powder. To begin we’re offering traditional flavors like chocolate and vanilla bean, but more interesting options are coming soon. Cupcake edibles offer convenient cannabis consumption with familiarity and nostalgia. It’s my hope we can help remove the stigma from cannabis use by offering the first mainstream edible that’s as American as apple pie and as classic as a hostess cupcake,” says Mrs. Silva.
Jade & Jane plans to release a 90mg recreational cupcake multi-serving product in the near future. Notably Jade & Jane’s cupcakes are allergen friendly and vegan/dairy free. Additionally their packaging is child resistant and C.F.R. Title 16, Part 1700.15 & 1700.20 compliant. In an upcoming event on May 30th, 8 AM EST Jade & Jane will be doing a Reddit AMA on r/GlitterBongs.

CanPay Expands Services To Include Cannabis Ecommerce

Debit Payment Solution Now Available in 120 Retail Locations Across 14 States

COLORADO: CanPay, a leading debit payment solution for the cannabis industry, has begun offering ecommerce payment solutions.  In addition to expanding payments online, CanPay has doubled the number of states it operates to 14, including: New York, Pennsylvania, Massachusetts, New Hampshire, Michigan and New Mexico.

CanPay LogoWith the cannabis industry projected to exceed $24 billion by 2025 and over half of the U.S. population in support of legalization, it’s no surprise the marketplace is thriving. As the industry becomes further established, ecosystem partners are primed to play a key role in further legitimizing it, and leading the charge is ecommerce. An influential aspect of any retail business–nearly 80 percent of Americans have made an online purchase–cannabis will be no exception to the overwhelming convenience and profitability of the digital marketplace. As the original ecommerce–payment integration for cannabis customers, CanPay further solidifies itself as the universal payment tool for purchases wherever cannabis is legally sold, enabling online orders for in-store pickup and delivery.

“The Cole Memo being rescinded caused a lot of market uncertainty in the first part of 2018. Now that the dust has settled, we’re seeing more and more financial institutions come forward to serve the industry through compliant cannabis banking programs. We’re also seeing more retail operators demand transparent, stable, and legitimate payment services to operate above reproach,” said Dustin Eide, CEO of CanPay. “The rapid expansion of CanPay’s services to-date is a testament not only to overall industry growth, but the massive need we’re able to fulfill by de-cashing cannabis purchases.”

Historically, ecommerce has not been available to the cannabis industry partially due to the extreme transparency online payment systems require. CanPay’s solution opens the door and creates the opportunity for increased profitability for retailers through more effective online selling and higher spend per transaction. Simultaneously, the buying process becomes more convenient and safer for consumers.

“In forging a new cannabis culture built on unparalleled quality, access, and transparency, we’ve partnered with CanPay to provide customers with a legitimate, secure online payment option,” said Patricia Rosi-Santucci, CEO of Wellness Connection of Maine. “As trailblazers, integrating with CanPay allows us to forge the next wave of cannabis retail through an ecommerce experience that offers customers a greater incentive to go cashless from a convenience and speed standpoint.”

Organa Brands First Cannabis Company To Be Named Top Workplace By The Denver Post

COLORADO: Organa Brands, the world’s leading cannabis distributor, has been named a 2018 Top Workplace by The Denver Post. Organa Brands is deeply humbled to be the first cannabis company to have received this honor.

“We are extremely proud of the culture we have built at Organa Brands, and that culture is reflected in this award,” said Chris Driessen, President of Organa Brands U.S. “Since the launch of our company in 2010, we have placed a heavy emphasis on our core values. As a result, we have built an organization that is rooted in a sense of family. For all of us, this is more than just a job, it’s a passion. I know I speak on behalf of our entire team when I say we are extremely honored to have been recognized as a Top Workplace.”

Organa Brands was founded on the principle of providing safe, consistent access to premium cannabis products in all of the markets they serve. The company has grown exponentially since its inception, and the leadership team prides itself on its commitment to excellent benefits, a fun and exciting work environment, and professional growth opportunities that are second to none.

“Becoming a Top Workplace isn’t something organizations can buy,” said Doug Claffey, CEO of Energage. “It’s an achievement organizations have worked for and a distinction that gives them a competitive advantage. It’s a big deal.”

The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage. The anonymous survey measures a variety of aspects of workplace culture, including alignment, execution, and connection, to name just a few.

“Seeing a cannabis company named a Denver Post Top Workplace for the first time is truly an honor, and is a clear sign that the stigma around this amazing plant is decreasing by the minute,” said Jeremy Heidl, Co-Founder and President of Organa Brands International. “We are incredibly proud of the team we’ve assembled. When a company puts its core values first, the benefits are returned tenfold. I think it’s clear from being awarded this honor that cannabis companies like ours have a clear role in the global business arena.”

 

Marijuana Refinery Sues Boulder-Based Wana Brands Alleging $5 Million in Damages Following Failed Merger

COLORADO: A Colorado marijuana refinery, LP Capital LLC (LP), has sued Mountain High Products, which does business as Wana Brands, an edibles company, and the edible maker’s CEO following a failed merger. The refinery’s lawsuit (District Court, Boulder County, 2018CV30336) seeks monetary damages, to enjoin Wana from using and continuing to use certain business information learned during the merger negotiations and from continuing to employ a key employee it hired during the negotiations from LP.

According to the suit filed by Henderson-based refinery LP, Wana, which dominates Colorado’s infused product market and its part-owner and CEO, Nancy Whiteman, began merger discussions with LP in July 2017.

In building its vape strategies, the suit says LP had spent more than one year and approximately $2 million dollars hiring a marketing firm, an internal marketing person for brand design, packaging, and “go to market” strategy, a chemist to work on formulation and to build and equip a lab, two industry veterans to work on hardware, production and related vape strategies, acquiring Shift Cannabis for the company’s industry knowledge and contracts to develop the business plan and hiring a sales manager and other sales personnel.

LP’s lawsuit says merger discussions ended in December 2017 after its sales allegedly plummeted and several LP employees resigned allegedly in anticipation of the merger. LP’s key employee, a sales and new product designer, by then had been allowed to become an employee of Wana, the suit alleges.

LP owns and operates a marijuana products refinery in Adams County, Colorado, the suit says, adding that its product lines include marijuana “distillate oil” in the form of “vape” pen cartridges and syringes, as well as “solid states” products such as shatter and waxes.

Wurk Raises $3.2 Million In Bridge Funding Round

COLORADO: Wurk, the workforce management company for the cannabis industry, has raised $3.2 million in a bridge funding round, with participation from both new and returning investors, including Poseidon Asset Management, which led the round, as well as Phyto Partners, Altitude Investment Partners, Arcview Investor Network and Arcadian Fund.

According to a company press release, Wurk will utilize the new funding to make key strategic hires and further build-out its cannabis labor management technology. The platform is designed to scale nationally with the growth of the cannabis industry, while incorporating the local laws and regulations unique to each individual state.

“The cannabis industry has made huge strides since Wurk was founded in 2015, making the jump from a fringe economy into a legitimate industry,” said Keegan Peterson, Founder and CEO of Wurk. “As the industry continues to grow, companies in the space need legitimate HR infrastructures to protect what they’ve built, set themselves up for growth and enable future expansion. We’ve worked hard to be the first and only company to provide that infrastructure and look forward to using our latest round of investment to continue to fulfill the industry’s ever-increasing demand.”

“After participating in Wurk’s previous two funding rounds, we are thrilled to have the opportunity to invest in the company yet again,” said Emily Paxhia, Managing Partner at Poseidon Asset Management. “As investors focused on the cannabis space, we regularly see the HR, accounting, and tax challenges that cannabis startups face on a frequent basis. Wurk’s solution helps ease that massive burden on the industry and creates a huge investment opportunity in doing so.”

Creator Of Blue Moon Plans Cannabis-Infused Craft Beer

COLORADO: When Keith Villa, Ph.D., the creator and head brewmaster of Blue Moon Brewing Company, announced his retirement from MolsonCoors in January 2018 after 32 years of service, he hinted about plans to create a new beverage product with “cutting edge” ingredients.

Those plans are now coming to fruition with the official launch of CERIA™ BEVERAGES (ceriabeverages.com), based in the Denver suburb of Arvada, Colorado. Among the company’s goals this year is to be the first to introduce a line of cannabis-infused non-alcoholic craft beverages containing THC, a key psychoactive chemical from cannabis plants that affects how one feels by creating the “high.”

Unlike most other cannabis beverages, CERIA’s products will be designed to deliver a consistent user experience with the same onset time as alcohol.

Keith Villa will serve as co-founder and brewmaster of CERIA (pronounced “SAIR-ee-uh”). The other co-founder is his wife Jodi Villa, a civil engineer who will serve as CEO. Based at the couple’s operations in Arvada, CERIA derives its name from the university campus in Brussels, Belgium, where Keith became one of the few people in the world to receive a doctorate in brewing science based upon his dissertation on complex biochemical reactions in beer.

“I’m ready to introduce another high-impact brand to the industry again, this time with a new line of custom cannabis-infused craft beers. Today, the opportunity and the demand are here, inviting Americans to enjoy a more social way of consuming cannabis – by drinking rather than by smoking it or through ingestion of edibles.”

To deliver upon the fast-acting, consistent, trusted psychoactive experience, CERIA is working closely with ebbu, a leading cannabinoid research firm also based in Colorado. ebbu has developed a set of cannabis formulations that inspire specific sensations, all of which can be consistently dosed and delivered in a true water-soluble format. Jon Cooper, CEO of ebbu states, “We have always loved what Keith stands for – great-tasting mainstream beers that really kickstarted the entire craft beer movement.

“We are honored and thrilled to partner with Keith, Jodi and CERIA to bring this groundbreaking new product to cannabis consumers in legalized states.”

ebbu’s leading pharmacology team has spent the last few years studying how cannabis creates various sensations for end users, and now has developed consistent formulations that deliver cannabis experiences like chill, bliss, and energy.

These cannabis formulations – containing THC and other cannabinoids and terpenes – will be processed and infused by licensed marijuana processors, bottled and/or canned on-site by the licensee, and then sold chilled in licensed dispensaries, first in Colorado, then in other states where the use of recreational marijuana is legal.

CERIA has also tapped leading beverage industry advisement firm, InterContinental Beverage Capital (IBC), to assist in setting up business operations and in the development of its strategic and commercialization plans.

Keith Villa’s plans for a cannabis-infused beverage with top-quality craft beer taste will be offered in legalized cannabis states by the end of 2018 in at least three strengths – light, regular, and full-bodied – with a variety of sensations. Consumers must be a minimum age of 21 and use the product responsibly.

“CERIA will be brewed just like an alcoholic craft beer to maintain its beer taste and aroma, but will then be de-alcoholized prior to the infusion of cannabis,” Keith Villa explains.

The Villas are enthusiastic about their new entrepreneurial venture and know their way around a brewery. “When Keith created Blue Moon in 1995, the cloudy, unfiltered Belgian-style beer that would later be served with an orange slice, he in effect, introduced craft beer to the mainstream American beer drinker. It changed the beer industry and was even a question on the TV game show ‘Jeopardy,’” said Jodi Villa. “Since then it has grown to become the largest craft beer in the country.”

 

U.S. Attorney Bob Troyer Issues Statement Regarding Marijuana Prosecutions in Colorado

COLORADO:  U.S. Attorney Bob Troyer of the District of Colorado has issued the following statement regarding marijuana prosecutions:

“Today the Attorney General rescinded the Cole Memo on marijuana prosecutions, and directed that federal marijuana prosecution decisions be governed by the same principles that have long governed all of our prosecution decisions.  The United States Attorney’s Office in Colorado has already been guided by these principles in marijuana prosecutions — focusing in particular on identifying and prosecuting those who create the greatest safety threats to our communities around the state.  We will, consistent with the Attorney General’s latest guidance, continue to take this approach in all of our work with our law enforcement partners throughout Colorado.”

Cannabis Invention of 2017 Awarded To AeroInhaler THC Infused Inhaler

COLORADO: The world’s only cannabis live resin, terpene-infused Aerosol Inhaler, the AeroInhaler, was recognized as 2017’s “Invention of the Year” at Colorado’s annual Cannabis Business Awards. Released in September by Colorado’s Revered Inc., the AeroInhaler‘s sublingual delivery system has quickly revolutionized Colorado’s cannabis industry.

The AeroInhaler uses THC distillate and cannabis-derived terpenes to develop flavors like Grape Ape, Super Silver Flo, Sour Diesel, Kirkwood OG, Tangerine Haze and more. Designed to provide metered doses to consumers, the AeroInhaler can be found on sale in partner recreational Colorado dispensaries.

“The AeroInhaler is the future of cannabis,” said Revered Inc. CEO Edward Naylon. “The device’s discrete, measured dose is a revolutionary way to consume marijuana extract. We can’t wait to share with the world what’s in store for 2018 as we plan to expand to other markets.”

Containing a total of 1,000mg of total ingredients (THC & Terpenes) per canister, a consumer receives anywhere between 6 and 7.5mg of cannabis distillate per puff depending upon the potency of the distillate production batch. With a pharmaceutical grade valve that ensures 10mg of total ingredients are dispensed on every puff, consumers gain a dependable and reliable experience every time.