Nearly 80% of Illicit-Market Vape Cartridges Collected During Buy-Back Program Were Unfit for Consumption - Cannabis Dispensary

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Platinum has partnered with a human pharmacy in Miramar, California, to enable customers to exchange vape on the illegal market for Platinum vape products. Since then, tests conducted on the vape cartridges handed over have revealed shocking statistics.

Initiated an illegal market vape tape repurchase program

And Miramar, California

According to reports, most of the unregulated vape collected are not suitable for consumption.

In September, human customers were invited to hand in vape cartridges purchased from channels other than legal cannabis dispensaries in exchange for Platinum vape cartridges.

"Our partner Platinum Vape came to us and said,'We want to do something for this vape crisis, we want to learn a little more," John Butters, vice president of human strategy, told

. "We have similar goals. We have heard about some scary things that exist in some illegal market vape, and some of the problems they cause, and we want to know how it affects our local communities. So we said Sure, we allow customers to take away any illegal market vape they own, and [they] can exchange it for a Platinum vape shopping cart for a small fee. Legalization has to pay a small price."

Two dozen ink cartridges were collected during the program, which can be tested and released to

Tests for efficacy, pesticides, heavy metals and vitamin E acetate. According to the California Cannabis Control Board’s testing regulations for the legal marijuana market, samples pass or fail these tests.

"We found that 79% of them were considered unsuitable for overall consumption," Josh Swider, co-founder and CFO of Infinite Chemical Analysis Labs told him

. "Approximately 80% of people fail to pass California's compliance regulations."

62% of the cartridges failed due to pesticides, while 37% failed with lead.

Swider said: "One of the (tested) lead levels is extremely high, about 100 times the limit."

Five cartridges contain 20% or more vitamin E acetate.

Platinum President George Sadler said: "These levels are shocking when you think they should be zero."

. "[Vitamin E Acetate] is contained in five cartridges. This tells us that those cartridges are most likely from the same illegal manufacturer because the concentrations in the five cartridges are the same."

Half of the tested products have THC content below 50%, while the THC content of ordinary legal cannabis vape cartridges is 60% to 95%.

Swider said: "To be honest, I think [the failure rate of pesticides] will be higher, but this is very shocking." "Some of the pesticides have a high concentration. There are actually 11 pesticides in the sample [which changes when heated. Cyanide-[pesticide] like mold butyronitrile.... Some of them are diluted so much with vitamin E acetate that no pesticides can be seen. Maybe it diluted all THC substances with vitamin E acetate . This may be one of the reasons why we have not failed again."

On the other hand, Butter was surprised by the high failure rate.

He said: "To be honest, I didn't expect to have such a high level." "I think maybe one out of every 10 carts is scary, but seeing 80% of carts, you are very likely to be It is very shocking to me to get something harmful to health. I know that it is a lottery, but I don’t know what I get may hurt me.

Butters said that in terms of protecting public health, testing is the first line of defense for mankind, followed by pharmacy buyers to review suppliers to ensure product quality and ethical cultivation practices.

"Seeing that the carts used by so many people are even about to hit our shelves. This is terrible for our community. It makes us hope to be more proactive in getting this information there, so that people can No more illegal use of experience and ideas is marijuana, because it is not the case." He said. "[This] is just people's shortcuts and doing things that put the community at risk."

\ Mankind implements a similar repurchase program throughout the year, which allows customers to exchange vape in the illegal market for a 35% discount on legitimate ink cartridges.

"The reason we continue to implement the program is simply because we see the value, which is important to us today to protect our communities and maintain the quality of cannabis," Butters said. "We have put in a lot of effort, our tax is used for this test, and to ensure that it is safe for customers, we want to maintain its integrity."

He added that although most cannabis companies can agree that California's tax rate is high, the statistics discovered during the program prove the reason behind it.

"For the longest time, we all hated having to pay taxes on marijuana, especially the high tax rates we have to pay," Butters said. "But, in the final analysis, it is of utmost importance to us if we want to ensure that the products launched to the market are safe and less harmful. We are all for long-term benefits, and many of our customers are for the medical benefits of cannabis, so We want to make sure that they get the products they signed from when they bought it. When we do something like this, it can create transparency in the market, and it can allow people to see what is happening and what is entering their body. It’s almost always received with open arms because people want that kind of information."

Platinum participated

, Also in September, collaborated with The Greenhouse Dispensary, although the tests on vape products that were handed over were not extensively tested in California.

Sadler said: "We just want to conduct a definitive and extensive investigation of the illegal market."

For him, the test results show that regulators need to take other measures to combat illegal markets to protect consumers.

"That's why it is difficult to absorb some of the difficulties. As an authorized manufacturer in multiple states, [we have] the guidelines that we must follow, [and] the money we spend on compliance... will not be used to close these [ Illegal] companies, these companies are everywhere." Sadler said. "When you know someone in the basement is bombing and blowing up a building, you own part of it because you know they are bombing in the basement. The same thing happens to the municipality.... When you know that there are eight in your area. When you arrive at 15 unauthorized shops, it means that they have not paid the business license [fees], they have not paid taxes, and you know they are sitting there... and you also know what they are going to put to consumers... …Is something that causes damage, and you own part of it."

He added that the test results should also warn consumers not to buy illegal market products.

Sadler said: "The biggest link, and the biggest link that needs to be understood, is that it is not available in the licensed market." "With these restrictions and all the conditions for testing, you will get a really good, Clean products instead of someone entering the black market. Yes, you can save $10 to $15 by buying from an unlicensed store, [but] is it worth it? Just look at those numbers."

Sweed said that when Infinite Chemical Analysis Labs entered the cannabis industry in California, it was still a gray market, and the laboratory had seen a 90% pesticide failure rate in the past.

He said: "In the illegal market, you still see similar trends, where the legal market is now 100% clean." "Everything on the shelves will be clean, so the shocking thing is that it is still nearby. , And consumers are ignoring warnings.” That’s one thing I care about. You will see these things-the content of lead exceeds 100 times the legal limit-and no one should inhale lead. …This is one of the things [consumers] do take drugs, and they have a good view of it because they will get higher and higher. "

Swider hopes that the statistics shown in the repurchase program will help consumers make more informed decisions about cannabis.

He said: "We want consumers to have a lot of numbers and data to help them make decisions, maybe I should stop making wrong decisions." "Maybe they just don't know. I'm not sure why, but they can choose to use clean Products may kill them, and they are still looking for something that will kill them. We just want to put it there, hoping people can start to see this and think they should smoke legal products instead Illegal market products."

Sadler echoed this view. "The bottom line for doing this is... to let people know what's happening in the black market and what's happening in municipalities that don't take responsibility."

The state will officially terminate this part of the wholesale market on October 1.

Michigan's cannabis regulator announced a plan to phase out cannabis sourced by caregivers in its medical cannabis dispensaries. Effective immediately, licensed cannabis companies may no longer purchase cannabis concentrates, cartridges or other infused products from caregivers in the state.

So far, cannabis flowers are another matter. The last day of the transfer of cannabis flowers from caregivers will be September 30. From now on, New York State will establish certain regulatory rules on how to track cannabis flower stocks purchased from caregivers. In the process, growers and processors will be required to reduce the number of cannabis flowers purchased from these sources.

"This flower is in serious shortage and caregivers can fill this gap," said Jordan Ezell, owner of Interlochen Alternative Health.

9 & 10 news from Michigan. 

Read the full announcement announcement below.

MRA executive director Andrew Brisbo said in a public statement: "When making medical marijuana decisions, we always put patients first." "The phase-out process is to achieve the wishes of Michigan voters. And to ensure that patients continue to receive medication is an important next step."

Last spring, the issue of supply and demand in the medical marijuana market in Michigan sparked a debate about whether to allow long-term "caregivers" to sell products to the newly regulated market. For many years, the Michigan cannabis market has been closer to the gray market, where nursing staff will provide registered patients with locally grown cannabis. The situation changed in 2016, when state legislators developed a plan to license and supervise medical marijuana dispensaries. In 2018, voters approved a regulated adult use market. But caregivers are left out, and licensed cannabis products are in short supply.

In order to continue to develop the newly licensed market, Michigan's regulators finally allowed approximately 36,000 caregivers in the state to sell their products to licensed growers and processors, who would then test the cannabis sourced by these caregivers. Then sell to retail space.

, The percentage of cannabis flowers grown by licensed companies and sold on the state’s licensed market increased from 2.4% in November 2018 to 38.2% in January 2020. The rest of the drugs sold in pharmacies come from caregivers, most of which serve more than 267,000 registered patients in this market. 

after

On Scribd

The promotion of the two new editors and the digital editor of one of the brands has supported the rapid development of Cannabis Business Times, Cannabis Dispensary, Cannabis Conference, and Cannabis Growers (the latest publication of the Cannabis Group).

February 25, 2020-Cleveland, Ohio-Due to the continued expansion of its cannabis group, GIE Media is pleased to announce the addition of two new editors and promote one of the brand's digital editors to support the company's rapid development.

,

, Cannabis meetings and

, The latest publication of the Cannabis Group.

Patrick Williams joined GIE Media’s marijuana team earlier this month as the "

with

. He joined GIE Media in 2017 and served as an associate editor and senior editor for sister publications.

. Prior to this, Williams was a freelance writer for B2B and consumer media and an editorial intern at GIE Media.

magazine. Williams graduated from Kent State University in 2015 with a bachelor's degree in journalism.

Melissa Schiller is promoted from Assistant Digital Editor to Advanced Digital

edit

She joined the magazine in January 2020. She joined the Cannabis Group in June 2017 and previously served as an Audience Development Assistant for GIE Media’s viewing group publications, where she was responsible for managing

magazine. Schiller also served as a special writer and editorial assistant for community newspapers, and as a freelance writer for Northeast Ohio Media Group and New York.

. Schiller graduated from Hiram University in 2013 with a bachelor's degree in creative writing.

Theresa Bennett joined the cannabis group as the "

After working in GIE Media's magazine recycling team, these magazines were released in November 2019. Before joining GIE Media in 2018, Bennett was a K-12 education reporter for K-12

. Bennett is a freelance writer outside of GIE Media, whose work has appeared in

And newspapers across the country. Bennett graduated from Kent State University with a bachelor's degree in journalism in 2017.

"We are pleased to announce the expansion of the Cannabis Group editorial team to support the continued growth of the cannabis market.

GIE Media Group publisher Jim Gilbride (Jim Gilbride) said. "We look forward to the continued contributions of Theresa, Patrick and Melissa to continue to develop and develop publications, websites, e-newsletters and annual cannabis conferences."

"The screenwriters Patrick and Theresa are the talents of the team," the editorial director and

Co-founder Noelle Skodzinski. "These new hires, as well as the expansion of Melissa to position, will help advance our editorial mission to provide news and actionable intelligence to cannabis growers, dispensaries and cannabis producers in North America."

Founded in 1980, GIE Media Inc. has grown from a publication to a leading marketing and communication business-to-business media company serving 17 industries. The company's goal of Group Interest Enterprises is to publish the highest quality business magazines, websites, electronic communications, conferences, reference books and other forms of business media in the growth industry, and its quality standards are based on editorial value and market leadership.

GIE Media Inc. is headquartered in Valley View, Ohio, and is privately owned by its founder, Richard Foster. The company employs nearly 100 editors, publishers, sales representatives, marketers and other professionals.

Cresco's co-founder and former president stated that he hopes to continue to serve as a board member, work in the cannabis industry in areas consistent with his skills, and "bring value to the company, organization, or opportunity that I bring to me."

March 2,

Co-founder Joe Caltabiano (Joe Caltabiano) announced that he has resigned from the presidency with immediate effect. He said that he has been considering discussing this decision with the Cresco team for several weeks.

Caltabiano co-founded the Chicago-based multi-state operator in 2013 and said it’s time for him to “take a step back and look for some of the opportunities I’ve been looking for”. Because his skills are no longer in line with Cresco's future needs.

Caltabiano said in an interview: "My skills are closely related to the organization's early success, building the organization, breaking into brick walls and overcoming obstacles." 

. "When you start a business in a startup, it is growth that is achieved at all costs. You need to decide how to promote growth within the organization. As the company matures, it begins to focus less and less on growth, and more It's about the return on invested capital and how to maximize the dollar for shareholders in the long run. These are completely different skill sets and very different ideals. Sometimes they overlap, but sometimes they conflict."

He said that as a Cresco shareholder, he wanted to make sure that every decision he made was "in the best interest of the shareholders."

Caltabiano stated that he hopes to continue to serve as a member of Cresco's board of directors, but he believes that a company with 1,800 employees in about twelve states has a good and stable position, and now is the "right time" for him to leave executive positions.

"No matter when you leave, this is a difficult time. There has never been a perfect opportunity, but I think we have accomplished a lot this year.

Then close

," he said, while also noticing

Brand-name pharmacy. "Everything we have achieved... really puts Cresco in a good position now and in the future.

He added: “We have attracted a large number of talents from various industries in CPG (consumer product packaging) who know how to guide and manage a company in the next phase.” He pointed out that recently recruited talents from companies such as MillerCoors.

Cresco CEO and co-founder Charlie Bachtell (Charlie Bachtell), who previously worked in Caltabiano (Caltabiano) with mortgage guarantee rates, said in an email that he hopes the co-founders Perform best in the next effort.

"We regret to see Joe leave because he is an important part of the early foundation of the construction company," Bachtell said. "This is what sometimes happens as the company matures past the startup phase, but we have an incredible Our professional management team is running every day. We are in a very good place and prepared for the future. We wish Joe all the best and good luck to him."

Although Caltabiano stated that he has no specific plans to move forward other than staying in the cannabis industry, he said that "the opportunity to acquire bad assets" made him excited about the cannabis industry.

"When I look at this industry and have a background in mortgage banking, and watch the real estate and mortgage industries grow in the ashes, slump and grow again, I feel that a part of the cannabis industry is in trouble in that ashes now," he said . "You have many companies, with good licenses in various markets, good team members and a good foothold, but for one reason or another, I don’t know if there is no new leadership and no injection of new With capital or without new capital, they can survive in their current form. They are moving forward with new vision or new strategies.

"I think this is a new opportunity to acquire bad assets or become part of the reconstruction of bad assets, which really excites me. When I look at how much wealth has been created in the United States, the opportunity exists...because of some of it The company is in trouble. When the company's assets reach a certain level, there will definitely be valuable investors paying attention to the opportunity. The value exceeds the company's current value."

When asked what he missed most in Cresco's life, he said that leaving the team was the most difficult aspect of his decision, but he looked forward to the next chapter.

"I built a lot of relationships there and watched people grow as they grew up. It's difficult to see people starting out as interns and now working in multiple departments in the organization. When we are together At that time, the people I have seen grow up with me," he said. "I think this plant is an amazing plant. We are just beginning to explore the surface of what it can and will do. We are really only in the second or third inning of a nine-inning baseball game. My goal is Stay in this industry, look for opportunities in this industry, and try to bring value to the company, organization or opportunity I think about."

The UN Commission is currently seeking a possible vote in December 2020.

The United Nations Commission on Narcotic Drugs is expected to vote this week on the World Health Organization’s proposal to reschedule cannabis under the global drug treaty. This is a long-awaited move that will change the way international markets interact with each other in the cannabis trade.

However, this did not happen, because in the heated debate, the vote has been postponed for the second time.

Last year, the World Health Organization recommended that the United Nations Committee remove cannabis from its list of prohibited substances and redesignate the plant as a medicinal drug. If approved, this move will open the door to more viable international trade and research.

In January, Michael Sassano, Chairman of the Board of Somai Pharmaceuticals (based in Ireland)

EU member states urged the March voting for this plan. Some countries in Europe have regulated medical marijuana as a drug, and WHO’s recommendations will only align international policies with those specific national regulations.

Sasano said: "Basically, removing cannabis and cannabis resin from Schedule 4 means it has medicinal value, but it is still Schedule 1, which means it is a narcotics and is processed through pharmacies."

Steve Rolles, a senior policy analyst at the Drug Policy Foundation, tweeted at the UN Committee hearing today. Follow

Interestingly, the chair attributed the blame to member states’ “lack of understanding” of the proposal, rather than actual opposition to the proposal-which is not the case. Many member states on both sides have substantial objections to science or process.

The Interactive Legislation Map of the Cannabis Business Times is another tool that helps growers quickly browse the cannabis laws in each state and find news related to their market.

Cannabis Dispensary’s store locator will help you connect with licensed retailers in your area.

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