Cracking the Construct with Archaix and Autodidactic

Cracking the Construct with Archaix and Autodidactic

Cracking the Construct with Archaix and Autodidactic

It is know you have to let go of one shore to swim to another. Taking that notion a bit further, as they say, you have to crack a few eggs to make an omelette. Dreams become comfortable even as we don’t fully enjoy our day to day life. We get used to the negative and limiting aspects of each moment by being afraid of the uncertainly that always accompanies change.

No way to change without changing though. And ‘cracking the construct’ is all about breaking habits, seeing and seeking for the best of possibilities, while at the same time ‘knowing’ you can enjoy a proper life full of wonder, abundance and joy.

Join us today as we discuss some practical ways you can enhance your day to day beyond the ‘daze’ of past habitual creations.

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420 with CNW — Germans Hold Rally Calling for Cannabis Legalization

420 with CNW — Germans Hold Rally Calling for Cannabis Legalization

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Demonstrations rocked the German capital city of Berlin last weekend as hundreds of Germans joined the country’s yearly marijuana legalization protests. Held just days before the German country met to discuss the fate of a draft measure that would get rid of Germany’s ban on cannabis, several hundred protestors joined the annual Hanfparade (Hemp Parade) and called on the government to legalize cannabis.

The rally began at the Berlin Rotes Rathaus (Red town hall) before the protestors walked a route that took them through the Unter den Linden boulevard and to the government district.

Held every year since 1997, the Hemp Parade’s main goal is to persuade the government to review and liberalize policies on soft drugs such as hashish and marijuana that come from the marijuana plant. Event organizers also support and advocate for expanded access to medical marijuana as well as the use of hemp, a plant in the cannabis family that produces very minimal amounts of the psychoactive compound tetrahydrocannabinol (THC).

This year’s demonstration motto was “Hemp is great for peace and climate.”

German lawmakers plan on legalizing marijuana and possibly allowing the possession of up to 25 grams of cannabis and home cultivation of up to three cannabis plants for adults. A proposed cannabis legalization law would also allow “cannabis clubs” to cultivate and sell cannabis to adults under specific rules. This includes limiting each customer to 50 grams of cannabis per month and using neutral packaging.

On top of generating millions of dollars in revenue, the proposed law would save Germany’s police force, the legal system and prison facilities more than $1.11 billion in operational costs every year.

Although reform activists hope the bill will advance and finally end cannabis prohibition in Germany, it will likely face plenty of pushback from associated agencies and organizations. For instance, the German Judges Association (DRB) claims upholding the measure will be difficult, calling it a “very small-scale law” that would require a very high degree of control and potentially lead to several court disputes. The DRB added that the legalization measure would have little effect on Germany’s illicit drug market.

German police have also criticized the proposed marijuana legalization measure. Like the DRB, the deputy head of the German Police Union (Gdp) says that the measure “lacks precision and oversight” and will burden the country’s police force to a significant degree. Gdp deputy federal chairman Alexander Poitz argued that the measure does not outline how to source and manage the additional personnel and technical effort law enforcement will need if it becomes law.

The Free Democratic Party (FDP) addiction and drug-policy spokesperson Kristine Lütke also said that the proposal in its current form would “create a bureaucratic monster.”

As more countries consider and implement marijuana legalization measures, many enterprises are likely to mushroom and thrive in the way that companies such as Advanced Container Technologies Inc. (OTC: ACTX) are finding success by doing business with marijuana companies in the U.S.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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BC cannabis sales increase as prices continue to drop

BC cannabis sales increase as prices continue to drop

Cannabis sales continue to increase as prices continue to drop in BC, according to a new wholesale quarterly report for April, May, and June, 2023.

Sales of smaller SKU dried flower, such as 1-gram and 3.5-grams, declined overall, while larger formats, such as 7-gram, 14-gram, 28-gram, and 30-gram, increased. Sales of cannabis extracts, including the increasingly popular infused pre-roll category, saw the most significant year-over-year increase of 76.4 percent in total units sold and a 51.5% increase in year-over-year sales.

The BC LDB, which oversees wholesale cannabis sales and distribution in the province, saw more than thirty thousand kilograms of wholesale cannabis sales (30,655,160 grams), a more than 32 percent increase from the same period last year. Wholesales increased by nearly 16 percent to more than $127 million, while the number of stores in BC increased from 442 in the same period in 2022, to 487 at the end of June 2023.

The average price of cannabis also continues to decline in the province, to a new low of $4.14, while the average cost of dried cannabis dropped to $3.40 a gram.

Total dollar sales of 1-gram, 3.5-gram, 7-gram, 14-gram, and 28-gram offerings of dried flower priced at more than $5 a gram all declined significantly compared to the same period last year. Eighths selling for $5 a gram or less increased, as did 7-gram and 14-gram SKUs. The 28-gram offerings priced at $3 a gram or less increased while all other prices declined.

Dollar sales of beverages increased by just over 20% year-over-year, while edibles sales increased by just 0.3 percent. Overall, dried flower sales were down 4.4 percent, and ingestible extracts like cannabis oils and capsules, driven by high sales of now-discontinued products like Jolts and Glitches, were up by 5.6 percent.

Inhalable extracts like vape pens, shatter, hash, and rosins, as well as infused pre-rolls, increased by a whopping 56.5 percent, per rolls sales increased by 14.2 percent, while seeds sales dropped by 7.1 percent and sales of cannabis topicals decreased by 11.1 percent.

BC’s direct delivery program, which launched in August 2022—allowing some small-scale cannabis growers located in the province to ship products directly to retailers without going through the LDB’s central distribution warehouse—saw 779,775 grams sold for a total of $3,665,299 in sales.

The average price per gram sold through the direct delivery program was $4.70, or $4.02 for flower.


Scientists Confirm Neanderthals Use of Psychedelics

A recent study has uncovered evidence pointing to psychedelic use by Neanderthals thousands of years ago. Strands of human hair found in a Menorca, Spain, burial site gave researchers insight into hallucinogenic use during prehistoric times by some of the earliest species of humans.

The hairs contained traces of atropine and scopolamine, alkaloid substances extracted from nightshade plants that have psychedelic properties. Researchers also found traces of a stimulant called ephedrine, which also has psychedelic properties and can cause out-of-body experiences.

The research team published its findings in the journal “Scientific Reports.

Researchers discovered boxes with psychedelic pattern decorations while excavating a cave at a prehistoric site in Spain. The researchers posit that Neanderthals may have made the patterns on the boxes while under the influence of psychedelics. University of Valladolid associate professor of prehistory and lead study author Elisa Guerra-Doce says that the team’s findings point to drug use in prehistoric times.

Psychedelic use in modern times became popular in the 1960s and 1970s during the “Psychedelic Era,” but reduced significantly after the government classified hallucinogens such as LSD as Schedule 1 drugs. However, although the war on drugs raged on, a small community of users continued using psychedelics recreationally and for their purported therapeutic properties.

In recent years, a surge in psychedelic research has revealed that several psychedelic compounds do indeed have medical properties. A growing body of scientific literature now indicates that psychedelic-assisted therapy can treat debilitating mental disorders, including post-traumatic stress disorder (PTSD), treatment-resistant depression and eating disorders.

However, although there is significant data on psychedelic use since the 1960s, we know little about whether and how prehistoric people used psychedelics. Autonomous University of Barcelona professor of archeological prehistory and study coauthor Rafael Mico called the findings “amazing” and said they presented the first evidence of psychedelic drug consumption in ancient Europe.

The findings have been decades in the making, Mico observed in an interview, starting in the mid-1990s when archaeologists discovered a sealed grotto in the Eastern Spanish island Minorca with the remains of 200 people from the Bronze Age. Collapsed rubble had sealed off the cave and kept the remains incredibly well-preserved, allowing researchers to discover that some of the people had dyed their hair.

As scientific methods and technologies improved over the years, researchers repeatedly examined the hairs and finally discovered that the 3,000-year-old strands of hair had traces of the stimulant ephedrine and hallucinogens scopolamine and atropine. Researchers say the ancient people would have had to consume psychedelics regularly for at least a year before their death for traces of psychedelic compounds to remain in their hair.

This discovery about the prehistoric use of psychedelics reaffirms that psychedelics may be generally safe for consumption in moderation, and enterprises such as Mind Medicine Inc. (NASDAQ: MNMD) (NEO: MMED) (DE: MMQ) are investigating how these substances can be used therapeutically to address mental health ailments and other clinical conditions.

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Canadian retail cannabis sales passed $420m in June 2023

Canadian retail cannabis sales passed $420m in June 2023

Canadian retail cannabis sales passed $420m in June 2023 | StratCann

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Cannabis sales in Canada passed the 420 million mark again in June, following a slight decline after the Christmas shopping season.

Total retail sales of cannabis in June 2023 were over $426 million, up from $415 million in the previous month and a peak of $425 million in December 2022.

Like sales in many retail sectors, cannabis sales have dipped in the months following the Christmas shopping seasons over the last three years now before again building on an ongoing, upward trend. 

The number of retail stores across Canada also continues to grow, although the pace has slowed considerably compared to the first four years of legalization. 

  • BC: 506 public and private stores as either open or “coming soon”
  • Alberta: 746
  • Saskatchewan: 177
  • Manitoba: 189, 109 of which are in Winnipeg 
  • Ontario: 1,748 as authorized to open 
  • Quebec: 98
  • New Brunswick: 25 public stores, plus six private stores and six farmgate stores 
  • Nova Scotia: 49
  • PEI: 4 
  • Newfoundland and Labrador: 45
  • Yukon: 6 cannabis stores
  • Nunavut: 1 licensed store
  • Northwest Territories: 6 brick-and-mortar locations, plus one online store

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Orville Bovenschen, chief operating officer, Pure Sunfarms, appointed president

(Globe Newswire) Vancouver — Village Farms International, Inc. today announced the appointment of Orville Bovenschen as president of Pure Sunfarms, effective immediately. Mandesh Dosanjh has stepped down from his role at Pure Sunfarms and will move into a strategic advisory position for a transitional 90-day period.

Bovenschen joined Village Farms as vice president of European business development and operations and was later named chief operating officer of Pure Sunfarms, returning to the Village Farms’ facility he originally helped design, repurpose and commission for cannabis operations. He also formerly held several senior roles in cannabis, during which, among other things, he oversaw innovation and new product launches.

“Orville takes on leadership of Pure Sunfarms as we are executing on our strategy to meet the evolving preferences of the cannabis market in pursuit to be the long-term, profitable market leader. Orville has a strong track record of delivering operational efficiency and has led multiple initiatives that have improved quality and consistency across all Pure Sunfarms’ brands. Having worked closely with Orville for several years, I have the utmost confidence in his ability to lead one of the deepest, most experienced and most successful management groups in the cannabis industry, who, together with the Rose LifeScience team, are building on our dominant position in dried flower and leading brands to take our Canadian Cannabis business to the next level.” — Michael DeGiglio, CEO, Village Farms

“I would like to thank Mandesh for the five years he dedicated to leading Pure Sunfarms, one of the largest, lowest cost cannabis operations in the world, and contributing to our top-three market share position nationally,” added DeGiglio.

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Bovenschen joined Village Farms as vice president, business development and operations, Europe in 2021, before being appointed chief operating officer of Pure Sunfarms in 2022. Prior to joining Village Farms, he served as chief operating officer (among other executive roles) of its previous joint venture partner for Pure Sunfarms.

Bovenschen has also spent more than 15 years in a number of international business capacities, working in Europe and the Middle East in addition to North America. He holds a bachelor of business administration and attained his master of business administration from Nyenrode Business University in the Netherlands.