Why Super Bowl Champion Terrell Davis is betting on the future of CBD

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Terrell Davis, two-time Super Bowl champion talked to TheStreet about CBD and why he decided to partner with Defy.

Don’t know what CBD is?

“I was on anti-inflammatories for many years for not only pain and joint discomfort but for my migraines. And we all know that the long term effects of being on anti inflammatory medicine is not good. So what we want to do is sort of an all natural solution to the problems that has been in professional sports for a very long time. I myself personally understand the effects of it. I’ve been on CBD for well over a year now and I can tell you that my body feels great. I have no more inflammation in my body, my knee, and my joint pain is gone. My migraines, I haven’t taken migraine medicine for over a year,” said Davis when asked how CBD is going to help athletes.

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Why sun-grown cannabis will make the marijuana industry greener and richer

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The future of cannabis cultivation isn’t in massive grow facilities with high-tech lights and complex temperature control systems. It’s out in the open air, according to proponents of the sun-grown movement.

The sun-grown movement is being led by companies like Flow Kana, who consider outdoor cultivation essential to the sustainability of the cannabis industry. Embracing the small, independent farm system infrastructure that exists in California, the company works with craft farmers to help scale their product and extend the range of distribution.

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Marijuana is getting cheaper. For some states, that’s a problem.

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Bags of marijuana sit on shelves in a building at the Los Suenos Farms facility in Avondale, Colorado, on Feb. 25, 2016. (Matthew Staver / Bloomberg)

Wholesale marijuana prices in Colorado have fallen by a third in just the past 12 months, continuing a price crash that began soon after the drug was legalized. Although this implies that some marijuana entrepreneurs are going to go bankrupt, the bigger financial hit will be felt by states that tax marijuana based on its price.

Marijuana prices are collapsing in Colorado and in other legalization states (e.g., Oregon, where the price can go as low as $100 per pound) because a legal business is dramatically cheaper to operate than an illegal one. Because states generally set their marijuana tax rates as a percentage of price, their revenue per sale sinks in direct proportion to the fall in marijuana prices. Ironically, in a bid for more tax revenue per marijuana sale, Colorado increased its marijuana tax rate from 10 percent to 15 percent last year, only to see the anticipated added tax revenue wiped out by falling prices in a year’s time.

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Great green hope: The big picture on legal marijuana

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The biggest unclaimed territory in the consumer discretionary universe is cannabis. Even though cannabis remains illegal under federal law, Americans spent $6 billion in 2017 on legal recreational and medical marijuana.

Why it matters: Americans may have spent a total of $50 billion on recreational cannabis last year, according to the best estimates. That leaves enormous room for the legal market to grow, even if cannabis consumption remains flat.

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You can bring your weed to the LA airport now

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LAX is totally cool with passengers packing it in their carry-ons—but if it’s illegal where you land, that’s on you.

It looks like travelers in Los Angeles won’t have to cram their weed inside balled-up socks or stash it in their ibuprofen bottles next time they fly—because LAX is totally chill about bringing pot into the airport now, ABC 13 reports.

This week, Los Angeles International Airport posted a new marijuana policy on its website, announcing that LAX and the LAPD will now let people stroll onto their flights carrying cannabis, as long as it’s under the legal limit.

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The next big thing in cannabis? Terpenes

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The future of the industry is all in the nose.

Looking for a new angle to approach the cannabis business? While medical and lifestyle entrepreneurs have been honing in on the active cannabinoids, like THC and CBD, it turns out the real soul of the plant has been right under our noses.

Terpenes are the future of cannabis. These organic, aromatic compounds exist naturally in the essential oils of all plants — they’re what give herbs, flowers, and fruits their signature aromas. But terpenes are also the specific reason why various strains of cannabis affect the body and mind in subtly different ways.

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FDA approves first cannabis-based drug

Epidiolex treats two types of epileptic syndromes

The drug is expected to become available in the fall

(CNN) — The US Food and Drug Administration approved a cannabis-based drug for the first time, the agency said Monday.

Epidiolex was recommended for approval by an advisory committee in April, and the agency had until this week to make a decision.

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CBD is changing the health industry

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CBD is legal, and has been taken off the WADA Prohibited Substances List.

In February 2008–ten years ago this past winter–Thomas Vanderham, a mainstay in freeride mountain biking, crashed badly in Utah while filming for The Collective’s third movie, “Seasons.” With most footage bagged for the spring release that year, his crew was trying to add on in the ninth hour. The crash put a stop to Vanderham’s expanded part–there wasn’t enough footage from the trip to put it in the film–and according to his doctors, it nearly put a stop to his riding, too.

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Hemp is the multibillion-dollar cannabis opportunity few have heard about

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If the move to make it legal succeeds, entire industries could be revolutionized.

Today, the U.S. is the world’s largest consumer of hemp products. But because of the federal prohibition imposed on cannabis and hemp, the U.S. is importing an estimated $100 million of hemp products each year.

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Shatter, Batter, Wax: how cannabis extracts come to be

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Elevated by its potency and portability, formerly-niche cannabis oil is going wide.

SOME TIME AROUND the mid-aughts, folks in the weed industry began to notice a shift in the market. Pot smokers were smoking less, and dabbing more—heating the plant’s oily extracts to inhale high concentrations of hallmark marijuana molecules like THC. Extracts, which go by names including shatter, batter, wax, dabs, and honey, weren’t just stronger than their plant-based starting materials. They were also more convenient to consume and easier to use discreetly. Elevated by its potency and portability, formerly-niche cannabis oil was going wide.

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Marijuana soda startup California Dreamin’ wants to replace booze

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“Enjoy a light, social high,” says the funky bottle of California Dreamin’ cannabis-infused sparkling pomegranate juice. Launching today at Y Combinator Demo Day, California Dreamin’ is serving up an alcohol alternative that still gets you lit, but without the same hangover or health issues.

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