Psychedelics The Next Boom

Posted Posted in Psychedelics

Psychedelics decriminalization and legalization advocacy is the beginning of a new legal market likened to the cannabis boom.  Medical use of cannabis was legalized in Colorado in 2000. Recreational use cannabis was legalized in 2012, and the first adult use sale was made on January 01, 2014. Entrepreneurs had two years to prepare for what would be known as the cannabis boom. Few cannabis entrepreneurs predicted or prepared for the legal cannabis market.  By 2017 several of the dispensaries that dominated the industry had disappeared. The owners with foresight, preparation and money to navigate regulations and fierce competition expanded or sold to newly formed cannabis corporations.

According to a February 2021 report released by the state Department of Revenue, Colorado retailers have sold $10 Billion in cannabis since 2014.

Psychedelics will be the next boom. A legal psychedelic marketplace is forecasted to be a $6.9 Billion business by 2027. 

Corporations and wellness companies have begun moving into the psychedelics space. (See list below). Entrepreneurs planning to enter the psychedelics market have major competition, as well as, legal obstacles. 

Sheva Pekar, the Founder and CEO of PsyCann Advisors, a cannabis and psychedelic consulting company, emphasizes the importance of compliance. The compliance process will be complicated. Requirements, regulations and state mandates will vary with each region. The only consistency will be constant change. One of the largest areas of growth will be in psychedelic therapy.

“While the industry is still growing,you want to make sure your business fully complies with local and state laws so you can be an official early adopter and lay claim to a successful psychedelic therapy business opportunity.” Sheka Pekar

Sheva Pekar has developed and facilitates the workshop Entering the Emerging Psychedelic Market to give entrepreneurs and therapists the information and tools to successfully launch their businesses. 

Hollister Cannabis Co. based in California, has multiple cannabis brands in 600 dispensaries. They have created the brand Alphamind and are developing psychoactive concentrated powder, teas, and chocolate. 

Better Plant Sciences, a Canadian health and wellness product company, announced it has developed mushroom-infused coffee blends.

Havn Life is standardizing the extraction of psychoactive compounds. They have a line of mushroom based health products.

MindMed, a clinical stage biotech company, has developed psychedelic inspired medicines and therapies.

Compass Pathways  ,a UK based company focused on therapies and treatment, became the first psychedelic company to break into U.S. markets.

Red Light Holland, launched a pure truffle available in a microdose kit available at . They offer teleconferencing and a microdose app. 

Ohio State Medical Marijuana

Ohio State Medical Board

Posted Posted in Medical Marijuana

Ohio State Medical Board added three conditions to the list of diseases that qualify for medical marijuana; Huntington’s disease, terminal illnesses, and spasticity. 

The Ohio State Medical Board rejected autism spectrum disorder, restless leg syndrome, panic disorder with agoraphobia and spasms. 

Qualifying diseases for Ohio medical marijuana card: 

  • AIDS.
  • Amyotrophic lateral sclerosis.
  • Alzheimer’s disease.
  • Cachexia.
  • Cancer.
  • Chronic traumatic encephalopathy.
  • Crohn’s disease.
  • Epilepsy or another seizure disorder.
  • Fibromyalgia.
  • Glaucoma.
  • Hepatitis C.
  • Huntington’s disease.
  • Inflammatory bowel disease.
  • Multiple sclerosis.
  • Pain that is either chronic and severe or intractable.
  • Parkinson’s disease.
  • Positive status for HIV.
  • Post-traumatic stress disorder.
  • Sickle cell anemia.
  • Spasticity.
  • Spinal cord disease or injury.
  • Terminal illness.
  • Tourette’s syndrome.
  • Traumatic brain injury.
  • Ulcerative colitis.

There were 103,642 registered medical marijuana patients in 2020. By April 2021 there 168,571 medical marijuana patients. Seven hundred twenty one had been diagnosed with terminal illness.

Of the 57 licenses available, As of June 2021 there are 52 open dispensaries in Ohio. See Complete List In April of 2021 the Ohio Board of Pharmacy approved making an additional 73 new dispensary licenses available. The decision was based on the number of patients seeking medical cards and the current geographic distribution of dispensary locations.

New Mexico

New Mexico Rec Marijuana

Posted Posted in Marijuana Policies

New Mexico released the proposed rules for the legal production of recreational marijuana on May 25th, 2021

The proposed rules are based the plant count on a  2019 report by the New Mexico Department of Health (NMDOH). A new study has been commissioned that will provide updated data to determine an appropriate plant count to ensure an adequate supply of medical cannabis. New Mexico has 112,283 medical marijuana patients. 

New Mexico has 34 licensed nonprofit vertically integrated MMJ operators, with 123 dispensaries in operation statewide, according to the most recent state data.

The current proposed rules state that “dispensaries shall make a reasonable effort to sell 25% of their monthly cannabis sales to qualified medical marijuana patients or caregivers.” Regulators want the current proposed rules to require that 25% of medical marijuana and 10% of retail be set aside, as well as, reduced licensing fees on medical pot plants. The new legalization does waive taxes on sales of limited quantities of medical marijuana.

There are three types of cultivation licenses being proposed that will allow for 201 up to 4,500. The current plant limit for medical marijuana growers is 1,750.

An annual application process would allow licensees to increase their plant count in increments of 500. A per plant fee of $22 will be charged annually for more than 3,500 mature plants. A $18 per plant fee will be charged on smaller cultivations.

Growers will be required to submit documents verifying water rights and submit to background searches. No cultivation can take place within 300 feet of schools or day-care centers. 

Comments can be posted online or submitted directly to the agencies. The deadline to submit public comment is at the conclusion of the public rule hearing on Tuesday, June 29, 2021, at 9 a.m. The public rule hearing will be held via video conference and telephone.

Los Angeles Social Equity

Los Angeles Social Equity

Posted Posted in Marijuana Businesses

Los Angeles opened the application process for social equity applicants in September 2019.  To date only three of the 200 eligible applicants have received approval from the Los Angeles Department of Cannabis Regulation; Artist Tree, Sunset Business Solutions, and CannaTrust Group.  Artist Tree in Koreatown is the only one that has opened.

The Social Equity Program is a three-tiered program that groups applicants meeting certain criteria and processes their application in a priority schedule created by the City.

 Tier 1 Social Equity Individual Applicants must be low-income, and have a prior California Cannabis Arrest or Conviction, or have a minimum cumulative residency of five years in a Disproportionately Impacted Area. 

A Tier 2 Social Equity Individual Applicant must be Low Income and have a minimum cumulative residency of five years in a Disproportionately Impacted Area or the individual does not meet the Low Income requirement but has a minimum cumulative residency of ten years in a Disproportionately Impacted Area. 

A Tier 3 Applicant is a person who applied for a non-retail cannabis license under another Section of the Code but does not meet the requirements of a Tier 1 or Tier 2 Social Equity Individual Applicant.

The local and state application process is complicated and requires the expertise of attorneys, cannabis consultants, security experts, architects, and other professionals. 

Filing fees are around $600 and application fees can cost between $7,000 and $9,000.

The Department of Cannabis Regulation reports that only 46 applicants have uploaded the minimum number of documents required to apply for a cannabis license. 

In early 2021, the Los Angeles County Bar Association partnered with the city to provide pro-bono legal assistance to the 200 retail applicants.

The Department of Cannabis Regulation established the Social Equity Entrepreneur Development (SEED) Grant Program. SEED will provide $6 million in financial assistance to the 200 social equity applicants. The first grants will be dispersed in a few months.

The Los Angeles Department of Cannabis Regulation is now hosting webinars on their website. The webinars provide updates and help social equity stakeholders navigate the licensing process.

Hemp Access and Consumer Safety Act

Hemp Access

Posted Posted in Hemp

Hemp Access and Consumer Safety Act was introduced May 19, 2021 by Oregon’s Democratic senators, Ron Wyden and Jeff Merkley, and Republican Rand Paul of Kentucky.

The FDA declared CBD a drug after the Farm Bill passed. CBD use in consumable products has to be approved on an individual basis with clinical trials. This hinders product development and makes CBD products vulnerable to FDA crackdowns.

“Every day that the FDA drags its feet to update its CBD regulations, hemp farmers are left guessing about how their products will be regulated, and real economic gains for workers and business owners in Oregon and across the country are left on the table,” Merkley said in a statement. “Hemp-derived CBD products are already widely available, and we all need the FDA to issue clear regulations for them just like they do for other foods, drinks, and dietary supplements.

The Hemp Access and Consumer Safety Act would remove uncertainty by explicitly exempting hemp and all its products from the FDA’s drug-based prohibition.

The Hemp Access and Consumer Safety Act:

  • Gives hemp-derived CBD products an opportunity to lawfully be used in dietary supplements, foods and beverages under the Federal Food, Drug and Cosmetic Act. 
  • Prioritizes consumer safety, requiring manufacturers to comply with all existing federal regulations for the products that contain CBD. 
  • Ensures that these products are properly labeled. 

For a one-page summary of the legislation click here. For the complete Bill text click here.

The Hemp Access and Consumer Safety Act has support from: 

Dawson Hobbs, Executive Vice President, Wine and Spirits Wholesalers of America

Jen Daulby, Senior Vice President of Government Affairs, Consumer Brands Association

Jonathan Miller, General Counsel, U.S. Hemp Roundtable

Michael McGuffin, President, American Herbal Products Association

Scott Melville, President & CEO, Consumer Healthcare Products Association

Scott Melville, President & CEO, Consumer Healthcare Products Association

Derek Selznick, Executive Director, Kentucky Guild of Brewers

Eric Steenstra, Executive Director, Vote Hemp

Destiny Simon

Destiny Simon

Posted Posted in Women Who Inspire

Across the country there are women working at the local and state level to:

  • Provide education to help medical marijuana patients make informed decisions.
  • Create a community where women can come together to share their experiences.
  • Build support systems for caregivers and patients. 
  • Offer business resources and mentoring.
  • Advance local and national legislation. 

Destiny SimonDestiny Simon is one of those women. She is a founder of Canna Events by Leo

“Canna Events was founded in 2020 due to the overwhelming request from clients, organizations, and cannabis supporters to help be connected with industry resources. Now we have a team dedicated solely to meeting those needs while planning incredible events.

When we first got involved with the cannabis industry we immediately noticed the amount of vultures & frauds trying to come into the industry is absolutely insane! We work to not just serve the cannabis industry but to protect the industry with these three steps;

Elevating Educating Empowering.”

Launching an event company during a pandemic would appear to be a difficult task. Destiny,  (Amanda and Jess) have produced innovative and interesting virtual events. Canna Events by Leo is energizing and educating the cannabis community in Kansas City. 

Destiny is a masterful organizer. She is the chapter founder and leader of Tokeativity Kansas City. Tokeativity is The Global Feminist Community for Active Cannabis Culture. She is the Women+Weed founding Kansas City leader. Women+Weed mission is to connect women, grow a strong healthy cannabis community by sharing resources for women and their families.

Destiny is the treasurer for Canna Matriarchs of Mo., a non-profit organization supporting mothers across the midwest.

2020 has been Destiny’s year of fully committing to the cannabis community and industry and to having a positive impact. Her company, Leo Accounting, helps cannabis companies stay in compliance. 

I have over a decade of experience in the accounting field, working in positions ranging from basic data entry up to auditing & reconciling multi-million dollar corporate accounts. This has been a priceless opportunity to gain a vast knowledge of not only how to implement and complete day to day tasks, but also to see the effects of those tasks on a corporate level!

I have taken all my knowledge, experience, passion for accounting, and unquenchable thirst for knowledge and focused it on the Cannabis Industry! I am passionate about the cannabis movement as I have seen first hand the incredible benefits of medicinal usage. I am not only an expert of cannabis accounting services but also a supporter of this revolutionary movement in the US today.

Destiny Simon does more than bring women together  – she inspires women. She is a Woman Cultivating Success



Sierra Riddle

Posted Posted in Women Cultivating Success

Landon'sIn September of 2012, Sierra Riddle could not have imagined the direction her life was about to take and that she would be fighting for her son’s life under the scrutiny of national media.

Sierra was a young single mother of a beautiful two year old boy, Landon. Landon had developed a sore throat and swollen lymph nodes. The emergency room doctor diagnosed it as a virus and sent him home. Two days later Landon’s armpits were also swollen. “They thought it was either a virus or infection in the lymph nodes, so they gave him some antibiotics.” By day five his groin, abdomen and throat were swollen and he was having trouble breathing. “His whole chest was full of leukemia tumors, which is why he couldn’t breathe,” his mother says.  Landon was diagnosed with T-Cell Acute Lymphoblastic Leukemia at just 2-years-old.  “They started him on chemo, but told us that he probably wasn’t going to make it. Landon’s cancer had quickly progressed, leading doctors to give him an 8% chance of survival.” Landon was originally given only a 10 percent chance of living through the first two days of treatment.

Doctors put Landon on a four-year treatment plan. The first two months of chemo went fairly well, but then Landon became extremely ill.  He had been prescribed medications like OxyContin and morphine — medications with significant side effects. Landon suffered from stomach failure, and “the OxyContin made him so miserable, when he had hair, he would literally try to pull his hair out.” Sierra watched her toddler becoming dependent on narcotic pain killers. “Around the clock, he was usually on liquid morphine, Ativan, Promethazine,” Sierra told CNN. “And it just really didn’t seem to be helping.” 

Sierra was determined to do more than safe her son’s life, she wanted a quality life for Landon. Her journey led her to the Realm of Caring. Landon began with what’s called CBD oil from marijuana containing a very low level THC, the psychoactive ingredient. Wendy Riddle, Landon’s grandmother, says the effects “were almost immediate”.

This is not the end of Sierra’s story, it is the beginning. It is the beginning of a battle that propelled Sierra Riddle into the national spotlight. 

She quickly connected with groups of patients and began speaking at local events. Sierra and Landon’s story became part of Dr. Gupta Sanjay’s documentary on Medical Marijuana. Except 

Fueled by her passion to provide access to safe, natural cannabis and education to people diagnosed with cancer Sierra became an activist for patients’ rights and sought after national speaker. She was instrumental in the founding of CannaMommy. 

CannaMommy Clinic is a free online resource that establishes a bridge between the patient and provider, eliminating the fear of CPS or law enforcement.

Sierra and Landon had moved to Colorado where Landon, who would become the youngest medical marijuana patient in the state, could have access to his medicine. 

Landon’s oncology team began reporting Sierra to Child Protective Services for refusing to give Landon chemotherapy despite the documented improvement in his health. She was being accused of medical abuse and neglect. The oncology team was advocating to put Landon in medical foster care in order to resume his chemo treatments. Face to face with the director of CPS, her son’s team of doctors, top administrators from the Children’s Hospital Colorado oncology department and lawyers Sierra began a second battle for her son’s health and well being.

“Listen: Here’s all this chemo you told CPS he cannot live without, and if I didn’t give it to him, he would relapse and die.” Sierra dumped a bag of prescription drugs onto the table. 

It had been over a year since Landon had taken the meditation. The doctors’ could not argue his improvement. 

“I just want to say, no matter what I am not going to give him chemo, but I’m not going to risk losing him either.  I’m not going to push it that far.”

Sierra was prepared for this battle. Realm of Caring provided the opportunity to educate herself on cannabis and cannabidiol therapies. She relentently sought out every piece of research on cannabis and cannabidiol therapies. Sierra has become known as an expert in Pediatric Cannabis/CBD Therapy and speaks at medical conferences throughout the country.

A passion for providing her son with health coupled with her passion for the plant inspired Landons Health Hut. 

“Landon’s Health Hut provides natural and organic CBD health products created right in my own kitchen. As I researched natural and alternative health, it was crazy to me that people thought they had to rely on such harsh pharmaceutical medicines to feel better. They couldn’t recognize the ingredients and they had side effects that were so severe. In the beginning stages, I found old-time remedies that I knew I could enhance with my newfound knowledge of healing.

I used ingredients from my own kitchen and made them into powerful healing agents. And you know what? There was nothing scary about my formulations, because the ingredients were REAL and authentic.”

2019 the first harvest of a boutique strain, Landon’s Legacy from Green Seed Farm. It yielded half a pound as was popular with the patrons of Steve’s Greens Cannabis + Wellness.

“Landon’s Legacy is a high-THC medicinal cannabis strain, and it is something that we are very proud of and have worked on for quite a few years and it will be marketed as a strain that is fantastic for children with a multitude of health issues and terminal illnesses and will always be grown organically,” Sierra Riddle said. “I’m only allowing contracts with dispensaries that are going to do it the right way as well as give back to their local communities there because that’s what it’s all about. Part of my partnership agreement is that they — whoever wants to carry my genetics and have access to all of these amazing things — will donate 10 to 20 percent of those sales for those specific genetics back into my nonprofit, which will then continuously be able to help people in their communities. As well, we are an international nonprofit and so we help families all over the world with plant-based medicine as well as plant-based education.”

“Landon’s Revenge is the second strain, and it’s just about ready to go as sending it across state lines and being ready for a full-blown production grow,” she said. “And that is going to be a high-CBD strain with a healthy amount of CBG, CBN and THC. And that will be also marketed mainly as a safe medication for children with illnesses and everything else but obviously works fantastically for adults as well. It’s just here at Landon’s Health Hut, we like to focus on children with terminal illnesses and life-threatening diseases.”

Sierra Riddle was an ordinary young woman who through her battles evolved into an extraordinary woman shaking things up and making change happen.

Landon's“Landon now is going to celebrate seven years cancer-free this year, which also will mark five years past any medical treatment, which is what the medical community considers cured,” Sierra said. “For Landon, we’ll be cured medically this year, and he is the first and only child to have successfully survived childhood leukemia without the treatment.”


Women's Cannabis Chamber of Commerce

Carla Boyd

Posted Posted in Hemp Based Foods

The path from your kitchen to a retail store’s shelf is long and complexes.  It involves commitment, time, money and most importantly a quality product. Carla Boyd launched Hemp Way Foods six years ago, before there was a mainstream awareness and demand for the nutrition and flavors of hemp based foods. For Carla it wasn’t a gamble, it was her passion.