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ZOOKEEPERS IN POLAND ARE TESTING IF CBD HELPS ELEPHANTS WITH STRESS | TRICHOMES Morning Buzz

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August 27, 2020

Today in cannabis news zookeepers are hoping CBD helps their elephants chill out, Hexo and Molson Coors Canada are the latest to launch CBD beverages in Canada, and in Nevada the Taxman is going after cannabis businesses.

The Morning Buzz presented by TRICHOMES brings you late-breaking news that tells you what’s happening within the cannabis industry.

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First up today, a Zoo in Poland is Testing if CBD can Treat Depression in Elephants

Zookeepers at Poland’s Warsaw Zoo are launching a project to test whether CBD oil can help reduce anxiety in animals, the BBC reports. Fredzia, a female elephant who is grieving following the loss of the herd elder, will be the first animal to receive the treatment.

Dr. Agnieszka Czujkowska, head of the zoo’s Animal Rehabilitation Department, told the BBC that Fredzia had “reacted strangely” when she saw the dead body of Erna, the herd leader and its largest female. Fredzia displayed signs of stress and depression and struggled to establish a new relationship with her female companion. Czujkowska said elephants are prone to stress but easy to monitor, making them ideal for the study.

The first part of the trial included collecting fecal, saliva, and blood samples to monitor the animals’ cortisol levels. Cortisol is produced by humans and animals when stressed. The oil will next be administered to the elephants via their food or directly into their mouths. The zookeepers will then measure their cortisol levels again to see whether the CBD is working to reduce their stress.

The results of the study are not expected for at least two years. If successful, the zoo plans to expand the project to other stressed animals, including bears and rhinoceroses.

** Next, Hexo and Molson Coors Launch New Cannabis Beverage Products in Canada

According to Hemp Industry Daily, Canadian cannabis producer Hexo Corp. and brewer Molson Coors Canada have launched new beverage products under their Truss Beverage Co. joint venture, marking increased competition in Canada’s much-hyped cannabis beverage market.

The lineup of five drink brands unveiled Tuesday includes both CBD and THC products. All will be sold in Canadian dispensaries, not in mass retail outlets.

Most of the drinks contain 2.5 milligrams to 5 milligrams of THC, characterized as a “medium dose.” The “XMG” beverage brand contains 10 milligrams of THC, the maximum allowed under Canadian law.

Like competitor Canopy Growth, which is backed by liquor giant Constellation Growth, Truss is courting new or infrequent cannabis consumers with products that don’t rely on combustion.

Whether cannabis beverages will change the game for producers such as Hexo and Canopy remains to be seen.

** And last up today, Nevada’s Cannabis Compliance Board is not messing around and they’re continuing to crack down on Companies that are late on taxes and License fees

According to the Nevada Independent, Nevada’s Cannabis Compliance Board is implementing stricter procedures after holders of some 70 cannabis business licenses had past due taxes or didn’t renew their licenses on time.

Board Executive Director Tyler Klimas said that out of more than 700 cannabis licenses in the state, about 560 were due for renewal by June 30. But 11 licensees, holding a collective 22 licenses, hadn’t submitted renewal paperwork or fees well into July.

“We did not renew these licenses, and instead sent correspondence indicating that METRC access would be shut off immediately,” Klimas said at a board meeting on Tuesday, referring to the state’s seed-to-sale tracking database needed to conduct legal cannabis transactions. “This correspondence resulted in one licensee surrendering its distribution license, and the others fulfilling their financial obligations for the renewal and application submissions.”

He also said 18 licensees, who hold a collective 48 licenses, had outstanding tax debts ranging from $500 to $4 million that dated back as far as March 2019. The board sent messages indicating the companies would be cut off from the tracking database if they didn’t pay up, and all delinquent licensees have since paid their debts or are working out payment plans with the Nevada Department of Taxation.

Klimas said that moving forward, the board plans to notify businesses immediately if they miss a deadline, terminating access to the database until the issue is resolved.

The crackdown on late payments is the latest change since cannabis regulation transferred from the taxation department to the Cannabis Compliance Board, which is solely focused on cannabis rather than collecting taxes for a wide range of businesses. The board is modeled after Nevada’s gaming regulatory regime and has imposed tougher sanctions on businesses that are out of compliance with detailed regulations, including handing down a record, $1.25 million penalty earlier this summer.

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