The Calaveras County Board of Supervisors voted down an item to refund cannabis growers Tuesday.
DENVER--(BUSINESS WIRE)--PRESS RELEASE--NanoSphere Health Sciences, Inc., the biotechnology company behind the patented NanoSphere Delivery System, in partnership with Vertical, the largest fully integrated company in the legal medical cannabis industry, has officially started production to bring its commercial cannabis brand, Evolve Formulas, into the California market.
NanoSphere announced its licensing agreement with Vertical earlier this year. Vertical will provide planning, permitting, development and operation of cultivation, extraction, manufacturing, distribution and retail facilities in California and other markets across the country in the coming months. As the largest fully integrated company in the medical cannabis industry, Vertical utilizes a 1.2-million-square-foot grow facility to supply over 220 retail outlet stores including the production of approximately 250,000 grams of oil per month.
“We’re thrilled to break ground and enter the next phase of our partnership with industry leader Vertical by bringing our patented technology to the world’s largest legal cannabis market,” said Robert Sutton, chairman and CEO of NanoSphere Health Sciences and Evolve Formulas. “With California representing nearly a third of the North American cannabis market, the commencement of production in this powerhouse state marks an enormous step for the Evolve Formulas brand in our national expansion strategy. We are eager to soon share our cutting-edge solutions with a broad audience of consumers in California and beyond.”
“Vertical was proud to present Evolve by NanoSphere at the recent Hall of Flowers trade show for the California legal cannabis industry. As we presented our 25 brands to hundreds of licensed cannabis retailers of California, Evolve stood out for its unique value proposition to patients everywhere,” said J. Smoke Wallin, president of Vertical. “This has led to a backlog of preorders from accounts waiting for us to launch with California compliant packaging in November. The market can’t wait!”
NanoSphere’s cannabis product line, Evolve Formulas, consists of two variations of Transdermal NanoSerum applicators, one THC-dominant and one CBD-dominant in formula. Both products leverage the breakthrough NanoSphere Delivery System, which nano-encapsulates cannabinoid molecules in lipid membranes for transportation through the skin and into the bloodstream within minutes. The result is high bioavailability, minimal wait-time, precision-metered dosing and elimination of adverse side effects. This patented technology is the first and only advanced nanoparticle cannabinoid delivery system and can only be found in NanoSphere Health products.
Evolve Formulas is currently available in over 200 dispensaries in Colorado, with hemp-based products soon to launch in Indiana. California is the first of numerous markets across the country to begin manufacturing the Evolve Formulas products under NanoSphere Health Sciences’ licensing partnership with Vertical.
The Georgian parliament has postponed debate on a bill that would legalize the production of marijuana, putting it on a back burner until after a presidential election that is less than three weeks away.
A parliament resolution issued on October 9 said discussion of the proposed legislation, part of a push to relax laws governing marijuana in the South Caucasus country, will resume in two months.
Citing lawmakers and politicians, media report that the delay is intended to separate the controversial issue from the campaign for the October 28 presidential election.
The influential Georgian Orthodox Church has long voiced opposition to the bill, calling on lawmakers to scrap it entirely.
Top photo courtesy of Adobe Stock
Top photo courtesy of Adobe Stock
The list for pesticides that can be used on cannabis without being a violation of the Pesticide Applicators' Act has been updated. Please note the following products have been added:
- Root It
- Celite 610
The Colorado Department of Agriculture (CDA) is currently reviewing pesticide labels upon request and maintaining a list of products whose label it has reviewed that it believes could be used on marijuana without violating 35-10-117(1)(i), as long as the applicator follows the label directions.
Please be sure to review the list; pesticide products may be removed from the allowed products list if the registrant has not renewed their pesticide product with the Department. Use of unregistered pesticides on cannabis would be a violation of the Pesticide Applicators' Act.
For the latest information on CDA's Pesticides Program, visit these important webpages:
(Boulder, CO) -- PRESS RELEASE -- Evo Hemp, a Colorado-based hemp food company and maker of the Hemp Bar, will be expanding its retail footprint into an additional 105 Whole Foods stores in the Northeastern U.S., Northern California and the Pacific Northwest in January 2019, effectively doubling its Whole Foods distribution network. The company has also signed a distribution deal with 122 H-E-B supermarkets in Texas, making its hemp products available in more than 4,000 retail outlets nationwide. This news comes on the heels of Evo Hemp announcing a new line of CBD extracts and soft gel capsules made with organic hemp grown by Native American hemp activist Alex White Plume on the Pine Ridge Indian Reservation of South Dakota.
"The hemp industry is slated to grow to $1.8 billion in sales by 2020, led by hemp food, body care and CBD-based products," said Evo Hemp co-founder Jourdan Samel. "We are on pace to have Evo Hemp products in more than 8,000 stores by 2020."
Evo Hemp launched six years ago with its line of fruit and nut Hemp Bars, a raw superfood bar designed to be satisfying while on the go, and has expanded its offerings to protein powder, protein bars, hemp oil, hemp extracts, and hemp hearts. All Evo Hemp products are made from 100-percent USA grown hemp.
Evo Hemp's mission is to help facilitate the American industrial hemp movement by supporting non-profit organizations working to get hemp farming legislation passed in the United States. They've also partnered with local farmers in Colorado to grow some of the first hemp crops on U.S. soil in over 60 years. The company's vision is to provide the finest hemp food the world has to offer while supplying people with the essential nutrients needed to live a happy and healthy life.
"We are passionate about sustainability, social responsibility, philanthropy, and wellness for our employees, their communities, and consumers around the world," said Samel.
Cannabis Business Times’ interactive legislative map is another tool to help cultivators quickly navigate state cannabis laws and find news relevant to their markets. View More