Cannabis Current Events (Part 1)

https://finance.yahoo.com/news/much-spend-weed-10-women-173450505.html

PSYCHEDELICS & CANNABIS THERAPEUTICS
High doses of THC are hallucinogenic, and microdosing LSD is a lot like CBD. These mighty molecules can relieve human suffering and they act through the endocannabinoid system.

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Well damn. The amount of dispensaries we’d have if those people didn’t get trapped in a Ponzi scheme.

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“A just society should not have banned recreational marijuana use in the first place.”

This is the heart of the matter.
I wish more voters would recognizer this simple truth

From this:

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I have fond memories of mid '70s Thai Sticks.

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https://news.yahoo.com/thailand-marijuana-festival-visitors-high-083609076.html

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Wow.
This provides some interesting perspective.
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Here’s What Happens When You Smoke Marijuana, According to the Washington Post in 1905
By MATTHEW DESSEM

In the spring of 1905, an anthropology professor at the University of Chicago named Frederick Starr decided to get high with his students. He had discovered marijuana while traveling in Mexico and brought a large quantity back to campus with him for further experiments in the still-growing field of getting blazed at college. After testing the waters with social influencers—according to one story, he smoked out a campus football star before offering weed to anyone else—he threw an on-campus party, promising students “a smoke sweeter than cigar, cigarette, or pipe tobacco, an originator of dreamland castles and green vales with daisies growing in them, a tonic, not a stimulant.” Although Starr was a man of his time in all the ways you’d expect an anthropology professor from the University of Chicago in 1905 to be a man of his time and a few you wouldn’t—he wrote a book in defense of King Leopold II’s conduct in the Congo, for starters—he was a visionary when it came to understanding the sorts of activities people might enjoy while under the influence of marijuana: The party featured unlimited ice cream.

A few weeks after the initial reports of Starr’s experiments, the not-yet-very-reputable Washington Post—this was the era when they were doing things like wildly speculating about whether or not a mummy’s curse sank the Titanic—used the story as a peg to publish one of the most fanciful descriptions of marijuana and its effects to ever see print. Although it’s not credited to a wire service, or to anyone at all, it ran on the same day in the New York Sun, and was reprinted widely after that. (The Austin dateline suggests it might have run in a Texas paper before the Sun and Post picked it up, but I couldn’t locate it.) After publication, the article showed up in trade magazines for pharmacists (The Spatula, Aug. 1905; Paint, Oil, and Drug Review, Nov. 29, 1905; Merck’s Report, March 1906), semi-reputable medical reviews (The St. Louis Medical Review, Jan. 20, 1906), and, of course, other newspapers, which not only reprinted the original article, but paraphrased and repeated its description of marijuana’s effects, complete with hallucinatory animals and murder sprees, for years to come.

If you’re wondering how long it took before the anonymous author’s claims about marijuana were used as a cudgel in the service of imperialism and white supremacy, here’s your answer: two days. On March 21, the Washington Post ran an editorial under the headline “Terrors of Marihuana” that extensively quoted the papers’ own made-up coverage from two days earlier, positing that marijuana was responsible for “the peculiar mental traits of Latin-American warriors and revolutionaries which lead them to view ‘North America’ as a monster of hideous shape and ungovernable appetite,” before admonishing Venezuelan president Cipriano Castro to “forswear marihuana and live cleanly, as patriots should.” Since it was Venezuela’s turn in the bucket, the Post claimed on the 21st that Starr had discovered marijuana in Venezuela, two days after reporting that he’d discovered it in Mexico. In the interim, they’d also decided to spell it “marihuana” instead of “mariahuana.” Here’s the Post’s original story about marijuana and its effects, as published on March 19, 1905.

DRIVES MEN TO CRIME
Deadly Weed Being Smoked at University of Chicago
THE MARIAHUANA OF MEXICO

Prof. Frederick Starr Reported as Introducing it Among the Students—Its Use and Sale Forbidden by the Mexican Government—Habitual User Becomes a Raving Maniac—Terrible Visions.

Special Correspondence of the Washington Post

Austin, Tex., March 15.—There will be some remarkable and exciting things done by Prof. Frederick Starr, of the University of Chicago, and of the students of that institution if the published report is true that they have taken to smoking mariahuana. It is stated that Prof. Starr dotes on the weed, and recommends it as a substitute for tobacco. According to that published report, he brought back great quantities of it from Mexico on his recent visit to that country, and has invited the students to partake of it freely for scientific purposes.

Mariahuana is one of the most dangerous drugs grown in Mexico. The weed grows wild in many localities of the southern part of that country. Its wonderful powers as an intoxicant have long been known to the natives, and many are the wild orgies it has produced. So dangerous is mariahuana that in the City of Mexico and other Mexican cities the government keeps special inspectors constantly employed to see that the weed is not sold in the markets.

Produces Madness

A few years ago it was found that many of the prisoners in the City of Mexico were losing their minds. An investigation was started and the discovery was made that they were all addicted to the use of mariahuana, which was smuggled in to them by the guards, who had been bribed for that purpose. Since then strict orders prohibiting the use of mariahuana by prisoners have been enforced.

The poisonous weed also finds favor among soldiers, who mix it with tobacco and smoke it. The sale of the weed to the soldiers is strictly prohibited, and severe punishment is provided for anyone guilty of offense.

The habitual user of mariahuana finally loses his mind and becomes a raving lunatic. There are scores and scores of such instances in Mexico. It is said that those who smoke mariahuana frequently die suddenly.

The smoking of mariahuana is a seductive habit. It grows upon a person more quickly and securely than the use of opium or cocaine.

Leaves of tobacco bear a close resemblance to leaves of the mariahuana weed. The latter is smoked in cigarette form or in a pipe the same as tobacco.

The first effect of smoking mariahuana is a slight headache. It comes after the first three or four draughts of smoke. A marked dizziness then sets in. Everything seems to move around the smoker, this whirl becoming faster and faster, until all sense of his surroundings is lost.

Visions Full of Terror

The next step of his intoxication is full of terrors. Troops of ferocious wild animals march before the vision of the smoker. Lions, tigers, panthers, and other wild beasts occupy his vision.

The wild animals are then attacked by hosts of devils and monsters of unheard of shapes. The smoker becomes brave and possessed of superhuman strength. It is at this stage of the debauch that murders are committed by the smoker. Many mariahuana crimes are committed in Mexico.

A short time ago a Mexican of the lower class living in the City of Mexico smoked a mariahuana cigarette. He became wildly insane and attacked and killed a policeman and seriously wounded three other officers. It required the combined strength of six policemen to overpower the madman and take him to prison.

A few Americans in Mexico have experimented with mariahuana. A few years ago Henry Hommert, a former well-known citizen of San Antonio, purchased a large coffee plantation in Southern Mexico. He was induced to try smoking mariahuana. He became addicted to the habit, which rendered him insane and finally resulted in his death.

In another instance the superintendent of a mine in Mexico, who was an American, became the object of hatred of one of the men in his employ. This Mexican mixed mariahuana with the American’s tobacco. The latter was made wildly insane from smoking the mixture and made a vicious attack upon a party of miners. He was shot and killed in the affray.
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The link was not working properly, so I just c/p the entire piece from 4/20 Slate

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CannaCon April 2019
Here are my notes and Audio from the CannaCon this week.
Excuse some of my half thoughts in my notes and the bad audio (recording was a second thought), but I hope this may help anyone who is looking at going into the commercial side of the industry.

The CannaCPAs
CannaCPA’s Audio
Maximizing deduction for your business

280E
No deduction for businesses controlled
Except for COGS
COGS cost of goods sold
Only can take COGS - cultivation is not ag but manufacturing
Acquisition cost is,

Taxed on gross profit

Should use GAAP accrual cost accounting
Scrap or spoilage bad crop deduction
Officer comp
Depreciation

C corp 21% flat tax form 1120. 8832 form.

199a 20% deduction on individual grey area. Not good on corp

Dispensary

Grower
Form 8300 must be submitted within 15 days of transaction over $10k only in cash

Processor

Oklahoma’s Regulatory Landscape
Audio
Unity bill, Unity Act - no trans free $100 - going into effect Aug
3rd party lab testing for Growers
Sale of seeds OK seeds, grower to grower sales ok, HIPPA,
No Doc @ dispensary
Seed to sale software, tagging labeling biotrack. Suggested

Vertically integration
Omma 100k patient 5k business

Transportation free with commercial Lic

If industry get the pact Lic

Lic $2500 +$58 reg with obn Lic $500
Lic dep dispensary ag nursery to grow, seeds, or clones

Obn rules - no felony & no misdemeanor for drugs
Sec & 8’ fencing for outdoor grow. Last 2 can be barbed. 6 gauge or better. Steel post.

Monthly report to omma and Âź to obn

Leveraging marketing to Target potential customers
Marketing Audio
Business-to- business,
Ommaok 3.5 million people in OK 2,464 Growers & 1,317 dispensary
Your Audience -
Local city or statewide
Demographic?
Most popular product in area
What makes you different?
It is expensive to be all things to all people

Branding & promotion 3-5% of total budget
Marketing materials 10%
Advertising 10%-15%

Develop a brand
Logo
Brand mission
Potential tagline
Brand standards
Additional items - packaging, Business identity

Develop your message
What makes you different
It can’t only be price
What are you better at?
Why will customers like you better
How should you engage your clients

Need
Logo
Business cards
Website
Social media
Marketing materials
Don’t be afraid to listen and adjust your marketing effort
Advertising materials
Direct mail
Radio
Digital
Outdoor billboards
Television

Pitfalls
Do your homework
Don’t over pay
Be aware of changing regulations
Pay attention to your marketing
On going process

Tips & Tricks
Online website & social
Use digital advertising web, social & geofencing
Track your engagement- website landing page, Analytics, live time streaming (Hotjar, Matamo, Lucky Orange)
Email marketing, drip marketing & online clubs

Current legal environment in Oklahoma and expanding to other states
legal environment Audio
Inspections - 2x a year with 24hr notice
HIPPA every 60 days records deleted
Seed to sale - metric biotrack mjfreeway?
Transporter could get you in the door with the dispensary, going to many different ones
When Texas opens med - identago background check, need $10million to even start
No public traded companies
Social equity
MBE certificate for minorities
No - County food application, Ag Lic

Solventless 101 and how it will empower your brand
Solventless Audio
Dry sift = kief, freeze cutting for 24, then run through tumbler of sift
Ice water hash = Wet sift, ice in bucket agitated, run through bubble bags.wash materials 3-4 times (make with wet plant, cut and straight into freezer)
Rosin- can be made out of either flower (180-220 degrees 30-60 sec 10-30% yield), dry sift (150-190 degrees 60-90-120 sec 30-70% yield), Ice water hash (140-180 degrees 60-120 sec 30-90% yield),

C1D1 cert to create, no need production Lic

Temperature and humidity control in grow rooms
A/C Audio

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https://www.usnews.com/news/newsgram/articles/2013/04/25/poll-70-percent-of-americans-say-smoking-weed-is-not-a-sin?src=usn_fb&fbclid=IwAR2GpRBmV2Bfk69hZ_WFUB4fKeCfWSj_9SK3T097mtElXGFThsK22eSUjqU

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Religion is such a funny business

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New York marijuana: What to know about pot-pricing cliffs, banking wars and drug dealers

https://www.lohud.com/story/news/investigations/2019/04/22/new-york-marijuana-what-know-cannabis-prices-banking-war/3506482002/

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