Hemp and Cannabis Tech

Updated: Dec 17, 2019

Whether you have seen drinks or foods with hemp and cannabis it seems like every retail product today is participating in both industries.

Cooking classes with hemp and cannabis are becoming the norm in places like Denver, California, Michigan, and Massachusetts. The multitude of opportunities have risen when it comes to cooking with hemp and cannabis from cookbooks to infused food products including beers and liquors. Hemp and cannabis no longer will be only found in “pot brownies” as it is seen to help many with pain and nausea with anecdotal evidence showing similar treatment options for diabetes, epilepsy, and anxiety. Businesses around the globe are definitely seeing what the consumer base is looking to have for their health as well as natural healing.

Technology and science combined are now able to separate the two main chemical compounds CBD and THC. THC also known as tetrahydrocannabinol which tends to have more psychoactive properties have shown significant therapeutic benefits while CBD also known as cannabidiol is the non-psychoactive compound that provides more analgesic effects without the high. Combining and separating these compounds with a host of a few other hemp and cannabis gives the plant a new look. It is now possible for consumers to reap the benefits of both without experiencing it as an intoxicant while lessening anxiety and pain and still function normally.

After over 25 years of research completed by the NIH many consumers of hemp and cannabis understand its medicinal properties are wide while at the same time being listed as a Schedule 1 controlled substance making legality an urgent issue for study.

There are companies every day willing to try and create CBD and THC into drinks, foods, oils, and skincare to assist with the treatment of insomnia, anxiety, and anti-aging. It is estimated CBD sales are estimated to reach $23 Billion as per Newsweek.

Just today drove past Family Video with a sign in the window “CBD Products Sold Here” with CVS and Walgreens not far behind while in states where it’s legal consumers can order CBD-infused teas, coffees, smoothies, and cocktails. Big retailers like Neiman Marcus, Sephora, Coca-Cola, and Molson Coors Brewing are among the companies developing their own CBD products.

The legality of CBD and cannabis is a conflicting topic at all levels of government from municipal, state and federal. What can be stated is that much of the CBD industry operates outside of any government agency view either legally or not, leading to product quality raising concerns to the FDA and medical field. Outside of companies making unfounded claims in relation to the effects of the products, the actual makeup is likely inconsistent with some products claiming higher amounts of CBD then what appears on the label.

Now that hemp and cannabis have magnified the interest of the public on a broad scale it's unlikely that the FDA will stay out of the foray of regulations wrapped around hemp and cannabis. Government agencies are recognizing the significance of both compounds while more institutions gain research grants to study both hemp and cannabis. Hemp nor cannabis are going away anytime soon as the food, drug and health industries begin to take claim to a large consumer base that is coming back in droves.

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