The Associated Press reported that the marijuana industry has been looking for ways to protect plants from microscopic bugs and mildew, turning to industrial-strength chemicals, which has in turned raised concerns about safety.
As quoted in the market news:
Microscopic bugs and mildew can destroy a marijuana operation faster than any police raid. And because the crop has been illegal for so long, neither growers nor scientists have any reliable research to help fight the infestations.
As legal marijuana moves from basements and backwoods to warehouses and commercial fields, the mold and spider mites that once ruined only a few plants at a time can now quickly create a multimillion-dollar crisis for growers. Some are turning to industrial-strength chemicals, raising concerns about safety.
Pesticides and herbicides are regulated by the federal government, which still regards almost all marijuana as an illicit crop, so there’s no roadmap to help pot farmers. Chemists and horticulturalists can’t offer much assistance either. They sometimes disagree about how to combat the problem, largely because the plant is used in many different ways – smoked, eaten and sometimes rubbed on the skin.
“We have an industry that’s been illegal for so many years that there’s no research. There’s no guidelines. There’s nothing,” said Frank Conrad, lab director for Colorado Green Lab, a pot-testing lab in Denver.
In states that regulate marijuana, officials are just starting to draft rules governing safe levels of chemicals. So far, there have been no reports of any human illness traced to chemicals used on marijuana, but worries persist.
Some pretty important news out of health and wellness; beverage and natural products company BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) this week. For those of you following the Company with us, stay tuned.
As investors continue to prioritize cannabis opportunities in the US, market watchers expect mergers and acquisitions (M&A) to play a role in the future for Canadian companies.
A consolidation trend has been expected in the Canadian cannabis space for some time now based on the size of the market compared to the number of operations in the country.
BioHarvest Sciences Inc. Unveils the Unique Polyphenolic Content of Its Upcoming Olive-Based Nutraceutical
The product will include polyphenols known to have significant health benefits.
BioHarvest Sciences Inc. (CSE: BHSC) (“BioHarvest” or the “Company”) has reached an important milestone in its development program of additional Nutraceuticals. The olive-based Nutraceutical product scheduled for market availability in the second half of 2022 will contain the following unique matrix of polyphenols: hydroxytyrosol, trosol, and verbascoside. These compounds are the major polyphenols in naturally grown olives and are responsible for the high antioxidant activity of olives and olive oil. Importantly, the BioHarvest olive-based Nutraceutical product will provide all the benefits of olives and olive oil with a low calorie count per serving.
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that it will report financial results for the fourth quarter and full year ended December 31 st , 2020 on Thursday March 25 th , 2021 before the market opens.
The Company will host a conference call and webcast to discuss its financial results and provide investors with key business highlights on Thursday March 25 th , 2021 at 8:30am Eastern Time (7:30am Central Time).
Canopy Growth to Participate in BofA Securities Virtual Consumer & Retail Technology Conference on March 11, 2021
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) (“Canopy Growth” or “the Corporation”) announced today that EVP & CFO Mike Lee will be participating in a fireside chat at the BofA Securities Virtual Consumer & Retail Technology Conference on Thursday, March 11, 2021 at 9:30am ET .