Tag: California (page 1 of 32)

How Much Cannabis Does California Grow? $23 Billion Worth, According to New Infographic

Kurt Snibbe has put together a wonderful infographic on California cannabis that simply needs to be shared. The data, like most in the cannabis space, is only a portion of the bigger story, but the graphic does a wonderful job visualizing the existing impact and influence that cannabis already has on California’s agricultural economy.

The goal of the infographic is to show the scale at which cannabis cultivation in California compares with the rest of our agricultural production, both within the state and throughout the rest of the country.

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Spoiler alert: California grows quite a bit of cannabis. Actually, the evidence points to the fact that California is the largest producer of cannabis each year by a long shot.

While the data is revealing, it is weighted on certain estimates that may be too high (or too low). For instance, total plant cultivation is being extrapolated from the total number of plants seized from national forests in the year 2013.

Plants Seized in National Forests, 2013

Plants Seized in National Forests, 2013

Cannabis production has likely increased since 2013, and the confiscated plants from public land do not give us an accurate idea of how many plants are being grown on private land. Some estimates of the number of California cannabis operations fall between twenty and fifty thousand. Not plants, but the farms themselves!

The estimated market size is also a product of great estimation, but once again it is not clear which side of the pendulum we are leaning when guesstimates are made. According to the United Nations World Drug Report, law enforcement confiscates between ten and twenty percent of drugs produced.

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Based on the California confiscation rates in 2015 (2.64 million plants), there could have been at least 13.2 million plants grown in total, of which 11 million were not seized. These numbers are actually low on the scale of estimates.

If the number of plants grown during California’s 2015 season was above 10 million, then based on the going rate for a pound of cannabis (between 1500 and 2000 dollars), Snibbe estimates California’s cannabis production may be worth roughly 23 billion dollars, wholesale!

Once again, these estimates are very broad and deserve a more in-depth look, but Snibbe is able to get the message across. California is the leading cannabis economy in the world.

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Not only do we produce more cannabis than any other single American state four times over, we also create nearly four times as much value from cannabis production as we do from milk, and five times as much money as we get from our combined almond production.

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In fact, out of 47 billion dollars in cash farm receipts from 2015, Snibbe estimates that half was from cannabis production. All of the images used in this article are screenshots from the original infographic, available below and on the OC Register web resources.

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For the most up to date info on Cannabis Reports, follow us on Twitter, and like us on our Facebook page. If you see that we overlooked an event this past week in cannabis, please join the discussion in the comment section below, or through our social media links.

Cannabis Reports Recaps the Oakland NCIA Business Summit and Expo

The National Cannabis Industry Association is one of the most anticipated event series in the cannabis space. Nearly one hundred and fifty NCIA member organizations set up booths in Oakland, California to display their products and services to the community.

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While there are many reasons for business owners to attend the NCIA Cannabis Business Summit and Exposition, the opportunity for networking is hard to match. Alison Ettel, founder of TreatWell, said the positive environment helps people “connect with cannabis professionals from around the country, old friends and new.”

Types of Organizations Tabling the NCIA Expo Floor

Types of Organizations Tabling the NCIA Expo Floor

Thousands of actors from the cannabis industry walk the expo floor to build relationships with other organizations in the space. Connectivity and togetherness were both prevalent themes at the Oakland NCIA Summit, as the future of the cannabis industry requires a community that is willing to stand together.

The Cannabis Reports team wants to give thanks to all of the wonderful organizations that participated in the NCIA Business Summit and Expo this past June. Our media team has posted photos to the Cannabis Reports Flickr account.

Industry Trends and Presentations

Cannabis is emerging from the shadows of federal prohibition. This is undeniable when you see the caliber of professionalism on display at the NCIA Business Summit. Still, there is work to be done if the future cannabis industry is open to everyone.

Most authorities agree legal cannabis is just over the horizon, and much of the industry is preparing for a major shift in both regulations and social stigma. NCIA members got to enjoy several panels discussing the ways the cannabis industry needs to bridge standards of science, safety, and technology.

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Ahmed Rahim, CEO and Chief Alchemist of Numi Organic Tea, encouraged the industry to apply focus to sustainability and fair trade practices that support local communities. Cannabis has helped so many people over the years that a successful industry must remember the importance of those people and celebrate humanist values.

California’s Lieutenant Governor Gavin Newsom gave a keynote presentation that stressed responsibility for regulators and industry actors to communicate efficiently, and to learn from other states that have implemented legalization of recreational cannabis.

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Newsom reminded those in attendance that the Blue Ribbon Commission he fronted last year concluded that youth exposure, environmental protections, and educational programs will be necessary for California if we want to set an international standard for future cannabis economies.

Mr. Newsom also expressed the importance of flexible legislation designed to be respectful of the opposition’s concerns without restricting an open and fair market.

Newsom also touched on traceability, which many panel presenters focused on during their time behind the microphone. Jeannette Ward of MJ Freeway and Roy Bingham of BDS Analytics both provided a lot of insight into how businesses can leverage market data to make real-time decisions about their pricing and product development.

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Cody Bass and Steve DeAngelo have both established successful cannabis retail operations in the state of California. In their joint presentation, both founders discussed the notion of “patients-first,” and noted that this mantra, if taken to heart, is capable of defeating those that oppose cannabis based on irrational fears.

Over the last two decades, cannabis pioneers had to learn a different kind of politics to be able to communicate with regulators and law enforcement. DeAngelo highlighted the ways the industry has been successful in approaching policymakers with respect and flexibility.

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In front of a packed conference room, Dr. Sue Sisley and Dr. Martin Lee did a fantastic job of laying out the medical applications of cannabis and how they relate to the science of the endocannabinoid system. Dr. Sisley, along with MAPS, was recently given the green light to pursue a triple-blind clinical study of cannabis on veterans with PTSD, marking a progressive win for cannabis research.

Zen Potion

While there were only a handful of cannabis product brands with booths on the NCIA expo floor, everyone did a great job displaying their innovative creations. One of these brands, Zen Potion, showed off their line of gourmet teas that are designed to please all walks of the cannabis community.

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Product diversity is important for brands that want to serve larger portions of the retail market, and Zen Potion offers several teas with different concentrations of THC and CBD so that anyone can be comfortable consuming their beverages.

Kiva Confections

Kiva is one of the most well-known brands in the cannabis edibles space, and their booth on the NCIA expo floor definitely lived up to our expectations. Building a brand means establishing a company narrative that reflects the quality and care put into the product.

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Kiva does a wonderful job of not just creating delicious chocolates, but introducing these products in an aesthetically-pelasing space that draws consumers to the brand.

Legion of Bloom

The Legion of Bloom is a group of friends that have decades of experience with cannabis. Their story highlights the importance of sticking together to build a bigger industry for everyone. Legion of Bloom supplies the community with quality medicine, but they don’t stop there.

Many brands have established unique products that rely on Legion of Bloom flowers. The team behind Legion of Bloom is a great example of businesses supporting the industry: “We are all colleagues, not competitors.”

Canna Clear

Canna Clear is a relatively new company, but their vision intends to stand the test of time. Canna Clear opened up shop last year in an effort to provide the community with oils that were not diluted, and that focused on lab testing and transparency to ensure consumer trust.

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Reports of tainted products hurt the entire cannabis industry, and Canna Clear hopes to be a leader when it comes to educating patients on true measurements of quality.

Medicine Box

Medicine Box makes some undeniably delicious edibles. They also know how to turn an expo booth into an experience. The Cannabis Reports team loves to support emerging brands, and Medicine Box has an incredibly positive mission for both their own products and the cannabis community as a whole.

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The Medicine Box team is incredibly passionate when it comes to cannabis activism, especially in regards to California cultivation regulations. Keep an eye out for our upcoming interview featuring Medicine Box and their goals for the future of cannabis.

Lola Lola

The brand Lola Lola, founded by Michael Garganese, is “reimagining alchemy.” One look at the Lola Lola website is all you need to see that this new company is applying great emphasis to packaging and presentation that support the high quality of their flowers and concentrates.

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The Lola Lola booth supplied the NICA expo floor with a taste of “Lolalandia,” an ode to free expression and a “higher state of consciousness.” Lola Lola also hopes to improve the retail experience by providing dispensaries with display cases that communicate the artistry of the products and packaging.

Gold Drop

The team at Gold Drop seems nearly unstoppable. After hosting a multi-booth experience at the High Times Cannabis Cup the weekend before, the Gold Drop crew tabled at NCIA, catering to the many retailers that would love the chance to carry Gold Drop products on their shelves.

Releaf App

The Cannabis Reports team was thrilled to meet the other organizations representing software technology through the NCIA platform. Releaf is one such company that is building tools to help patients better understand their relationships with cannabis.

Individuals feel different effects and flavor profiles when consuming cannabis, and the future of commercial cannabis will depend largely on applications like Releaf, that bring comfort and comprehension to the varieties of cannabis.

Tradiv: B2B Wholesale Technology

Another inspiring technology organization on display at the NCIA Summit was Tradiv, a business-to-business wholesale platform attempting to cover the complexity of state-specific licensing, compliance checks, and normalized product distinctions.

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Any one of these features is a lot to handle, so it is incredibly impressive that a technology platform is combining so much into such a user-friendly space for business operators.

iCann

Combining hardware and software into a cohesive product is difficult to do in any industry. iCann has set out to supply cannabis cultivators with these combination tools for improved efficiency.

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The interactive booth at iCann showed off both the hardware sensors as well as the intelligent-learing software that is capable of giving instructional insights to growers working with unfamiliar strains.

Bookstore and Author Signings

One of our favorite booths at the NCIA expo was the cannabis bookstore, where expert authors engaged with the community and signed copies of their work. Education in the cannabis space deserves to be highlighted as much as possible, and the authors contributing their knowledge through cannabis literature get a special shout-out from the Cannabis Reports team.

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Check out their books below:

Once again, the Cannabis Reports team wants to give thanks to all of the wonderful organizations that participated in the NCIA Business Summit and Expo this past June. Our media team has posted photos to the Cannabis Reports Flickr account. All photos are licensed under Creative Commons stipulations, and are available for public use.

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For the most up to date info on Cannabis Reports, follow us on Twitter, and like us on our Facebook page.

Another Week in the World of Cannabis: June 24th, 2016

Cannabis is emerging from the shadows of prohibition. Every week, there are advancements in many fields related to cannabis. Cannabis Reports will be re-capping the weekly events of the cannabis community and industry, so that you can stay up-to-date on the latest developments.

NCIA Overview

The National Cannabis Industry Association hosted a very successful three-day event in Oakland this week, including a keynote speech by California’s Lieutenant Governor Gavin Newsom. He discussed the trends involving legitimacy and legalization for the cannabis industry, and warned that the battle for recreational cannabis in California is far from over.

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There were many informative sessions throughout the week, as well as an exhibition floor with nearly 150 vendors displaying everything from cultivation hardware to accounting software and many things in between. Cannabis Reports will be publishing a complete overview of the NCIA event soon.

Congress Shoots Down Three Cannabis Policy Bills

Marijuana.com has reported that Congress released the Department of Veterans Affairs spending bill that did not include protections for veterans seeking cannabis options through the VA hospital system.

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Additionally, Congress blocked a bill that would have provided a layer of protection for financial institutions taking business payments from the cannabis industry.

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Finally, Congress blocked a measure Tuesday that would have allowed Washington D.C. to implement a regulated cannabis market. Despite cannabis being recreationally legal in our nation’s capital, Congress has refused any advancements in a structured industry.

Colorado Report Shows Teen Use Has Not Increased

The Colorado Department of Public Health and Environment released a report on Monday that shows child and teen use of cannabis has not increased over the four years since recreational cannabis became available in Colorado.

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Class Action Lawsuit Against Michigan Laboratories and Regulators

A civil rights lawsuit has been filed against the Prosecuting Attorneys Association of Michigan and a number of other law enforcement groups that claims state laboratories were altering tests and filing faulty results that would indicate synthetic THC was present in seized cannabis products. Synthetic THC raises the criminal punishment to a felony.

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Cannabis Businessman Denied Life Insurance

Derek Peterson is the CEO of Terra Tech Corp, one of the nation’s most established cultivation operations. Terra Tech is affiliated with several brands, including Blüm in Oakland, and is also one of the pioneer companies to offer stock options.

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Mr. Peterson runs a successful and compliant business, so he was certainly surprised when Mutual of Omaha denied him a life insurance policy. While it is not clear why Mutual of Omaha did not grant the policy, a poorly-edited letter was received by Mr. Peterson that suggests the insurance company feared reprisal from an unnamed government agency.

Derrick Morgan Second NFL Player to Publicly Support Medical Cannabis

Derrick Morgan, linebacker for the Tennessee Titans, has become the second active NFL player to openly support medical cannabis research. Eugene Monroe, formerly of the Baltimore Ravens, was released last week by the organization.

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Many people criticized the Ravens’ organization who claimed that cutting Monroe was purely a “football move.” The Tennessee Titans drafted Derrick Morgan in the first round of the 2010 draft, and have stated that Morgan is a valuable asset to the team.

Upcoming Cannabis Events

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THC Fair – (Fairbanks, AK: June 25)

You’ll find hemp and cannabis products, accessories and tools, grow and harvest equipment and more in the amazing expo hall. Then, take in some great sessions on growing, medicinal benefits, prop 91 and more!

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Cannabis Charity Open – (Denver, CO: June 26)

Premium Pete’s Cannabis and High Rollers dispensary are partnering with The Hemp Connoisseur Magazine to host the Cannabis Charity Open benefiting the Denver Colorado AIDS Project (DCAP).

As part of an industry born by the will of the voters, they feel it is important to give back to our community. By sponsoring the charitable golf tournament in Denver, they hope to help those affected by HIV/AIDS to live healthier, more comfortable lives.

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Pueblo Cannabis Society – (Pueblo, CO: June 27)

The Pueblo Cannabis Society is a new, Pueblo-based discussion forum that will monitor the social, economic and cultural impacts of legal cannabis on our marvelous little corner of Colorado. All members of the Pueblo community are invited to participate.

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How Cannabis Works in the Body – (Online: June 28)

Topics to cover: What happens in your body when you ingest cannabis, and why it could change the face of medicine forever? How cannabis interacts with your endocannabinoid system to produce healing and balance? How and why different terpenes influence each person differently? How to discover which strains and cannabis methods are best for your unique constitution? How cannabis can be used to treat specific symptoms and diseases that plague our society?

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Kyoto Hemp Forum – (Kyoto, Japan: July 2)

No matter in which region or country you live, what jobs or businesses you are involved in, whether you are rich, or poor, or whatsoever, the changes you are facing from global industrial pollution are real. As long as we depend on toxic energy that is killing us, there is no sustainable future. It is time to be utilize Hemp as the leading biomass energy provider.

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For the most up to date info on Cannabis Reports, follow us on Twitter, and like us on our Facebook page. If you see that we overlooked an event this past week in cannabis, please join the discussion in the comment section below, or through our social media links.

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