Culture DaConvo

  The New  Jersey Assembly Committee approved a bill in December to  provide  state-level  protections for banks and insurers. A Bill from Assemblymember Verlina Reynolds was passed by the Assembly Financial Instituitions and Insurance Committee.  Banks that service state legal cannabis business would not be immunized. The committees  action comes as congessional leaders expected to file Legislation to contain broader safeguards.  Congressional Lawmakers are expected to introduce Legislation that includes language from the secure and Fair Enforcement (SAFE) Banking Act.  The Fair Enforcement (Safe) Banking Act was introduced to Congress and is awaiting Approval. The SAFE act would included Federal Banking , expungements and more.   JaysweepzLLC Culture DaConvo JaysweepzLLC@Gmail.com

Adult Cannabis use in the state of New jersey as jumped with in the last quarter of the 2022 fiscal year. Hitting 100 million for the first time the state reports since Recreational approval.   In The three months of July to September sales of Recreation Cannabis reached $ 116,572,533.   A 46% percent increase from the prior Quarter at $ 79 ,698,831 . New Jersey has awarded 36 Cannabusiness License for New Jersey Entrepreneurs including 15 dispensaries. Expected Consumer Volume to grow while prices decrease .   The Adult Cannabis Use Market open back in April of 2022 taking in 5  million Cannabis Tax Revenue .   New Jersey has plans to launch a Training Academy by the NJ Business Action Center in early 2023. Another way the industry is expanding is Approval of License for Public Consumption Areas .   Approval for this Li c en s e was made in early December.     Senate President Nicholas Scutari (D) Authorize the governor to enter Agr...

Where do you wanna go  And if that's where you wanna be how you gonna get there ?  Start asking yourself these questions and watch results.  JaysweepzLLC  Culture DaConvo Podcast https://anchor.fm/s/a81db0d4/podcast/rss 

  Sir William Brooke O’Shaughnessy   M arijuana’s medicinal benefits have been known since at least the 1830s. Around that time,  Sir William Brooke O’Shaughnessy , an Irish doctor studying in India, documented that cannabis extracts could ease cholera symptoms like stomach pain and vomiting. By the late 19th century, Americans and Europeans could buy cannabis extracts in pharmacies and doctors’ offices to help with stomach aches, migraines, inflammation, insomnia, and other ailments.   India   Cannabis in India has been used since as early as 2000 BCE. From that time on, extensive knowledge has accumulated about cannabis in the treatment of various diseases. Ayurveda, the traditional system of Indian folk medicine, lists about 30 different diseases for which cannabis and cannabis-based products have been used to treat pain and other medical conditions. Current medical use of cannabis in India is limited by its illegal status. However, in 2020, India’s first ca...

What is Cannabis   Cannabis is a plant of the Cannabaceae fa mily and contains more than eighty biologically active chemical compounds. The most well-known compounds are delta-9-tetrahydrocannabinol (THC) and cannabidiol (CBD). Parts of the  Cannabis sativa  plant have been controlled under the Controlled Substances Act (CSA) since 1970 under the drug class "Marihuana" (commonly referred to as "marijuana") [21 U.S.C. 802(16)]. "Marihuana" is listed in Schedule I of the CSA due to its high potential for abuse, which is attributable in large part to the psychoactive effects of THC, and the absence of a currently accepted medical use of the plant in the United States.   FDA   There is a massive interest in the development of therapies and other consumer products produced by cannabis and its components including cannabidiol (CBD). The FDA acknowledges the potential opportunities cannabis and cannabis derived compounds may offer. However, the FDA is aware th...