Company News Releases


Meet a new skilled SEO player in the cannabis industry

The USA cannabis industry is vivid, and it is not easy to compete online. And we have a solution for your online business. MjSEO is a recently founded SEO agency, the main focus of which is the cannabis niche. But do not be misguided thinking that it is a young inexperienced company without a portfolio. MjSEO is a branch of SeoProfy, a company with more than 10 years of experience in SEO promotion working in international markets. So, if you want to raise the profitability of your enterprise, resort to the services of an agency with years of experience and many satisfied clients.

More facts about the parent company:

  • More than 10 years of experience;
  • Constant development in terms of markets and geo in which the agency works: 45 countries & 12 languages are already on the list of accomplished projects;
  • More than 150 employees working 24/7 to provide services to clients across the world;
  • The company developed tools that contribute greatly to the results of the services: LinkChecker, for instance, will take the link-building strategy up a notch.

Therefore, the MjSeo agency is a new market player that has combined the years of successful experience in SEO and the professionalism of the leading SEOists.

Why a Separate Agency?

In terms of expanding its business and markets in which SeoProfy is actively working, the cannabis industry has attracted the attention of specialists. Having analyzed the niche, it has become clear that the specifics of promotion are different from other industries, while the legislative peculiarities are also crucial. 

After working on three projects and satisfying the expectations of these clients, the company has decided to launch an agency that will work in this niche in the USA. This is a brief story of the MjSEO appearance.

Currently, the agency is actively working on building its portfolio in the cannabis niche and is looking for projects that would like to promote their businesses locally and even nationwide. If you own an e-commerce store offering CBD products or a dispensary and want to upscale it, MjSeo is an agency that will provide you with the SEO solution that will deliver the results you expect. Let your business bring you more profits thanks to its rankings in the search engine results.

More so, the niche is highly competitive, and more and more companies move online as a result of the contemporary trends and worldwide situation. So, businesses that do not promote their platforms on the internet will unlikely thrive. Do not miss out on the opportunity to increase the profitability of your enterprise — email the agency at [email protected] and ask for the audit of your cannabis website! Enjoy the benefits of working with experienced international SEO specialists.

Services of MjSEO

To promote your cannabis business, the agency offers a range of services that have proven their effectiveness in the industry of CBD products. This is the main scope on which the agency is focused because this is what the majority of clients from the niche of selling marijuana and CBD products need for the promotion. 

Local SEO

First of all, your brand must be well-recognized in the geographical area where it is located. That is why the specialists of the MjSeo agency will focus on the local SEO promotion. The actions taken in this direction will help your website to appear on the search results of the users from the city you work in. First of all, you will be able to compete with larger companies that are already widely recognized across the country. This is because the search engine will show local results higher than those of the national scale. Make use of this algorithm and get the most out of this search engine specific thanks to the local SEO services from MjSEO.

National SEO

Undeniably, for those clients looking for an opportunity to increase their business nationwide, the MjSeo agency offers the services of the National SEO promotion. Do not miss out on the possibility of developing your business from a small or medium local store or dispensary to a country-recognized brand. Evolve your business together with MjSeo!

Link Building

The essential element of every promotional strategy is building the profile of links. Thanks to link-building services, your website will not only gain a better ranking from the search engine but also expand the target audience. The people reading the content on the platforms where the content with backlinks to your site will be published will get to know about your brand and the products you offer. Regardless of the scale of the promotion, local or national, link building will be part of the strategy from the MjSeo agency.

MjSEO — The SEO Solution for Your CBD Business to Succeed

Believing someone on the Internet is not so easy. That is why the MjSeo agency wants you to get acquainted with the company and its professional approach to every request. Get in touch by email or use the live chat form on the website, and the agency specialists will carry out a free audit of your website. Thanks to the obtained results, the agency will develop the plan of promotion and predict how your business will grow together with MjSeo. Do not miss out on this deal and order a free audit of your cannabis site today and find out how it can be promoted to gain more profits!

For additional comment or information please contact:

https://mjseo.agency/ 

Dmytro Syvak, Sales Manager.

Email: [email protected] 

Tel: +14242080286

Custom Cones USA launches first-of-its-kind white paper, focusing specifically on the pre-roll industry

CONTACT INFORMATION:

Custom Cones USA

833-582-6637

[email protected]

RELEASE DATE:

July 20, 2021

“Pre-Roll Experts” partnered with cannabis data firm Headset and surveyed more than 130 pre-roll business to deliver key industry insights.

Dateline: [FIFE, WASHINGTON, July 2021]Custom Cones USA has debuted the premier white paper on the pre-roll industry. To understand the current state of the pre-roll industry, the Washington-based pre-roll supply company surveyed more than 130 pre-roll companies and partnered with cannabis data firm, Headset, to combine sales data with survey data from pre-roll businesses.

As more and more states move to legalize adult recreational cannabis, the pre-roll industry has been a hotbed of activity, attracting more players, more investment, and more automation. The industry is evolving to meet a new world of increased demand, as well as smarter, savvier consumers who are more educated than ever about what they want.

Jocelyn Sheltraw, Headset’s director of industry relations, said she was very interested to partner with Custom Cones USA because of some compelling shifts she had seen within the pre-roll industry.

“I suspected that a lot of manufacturers might have to pivot or at least take note of some of the changes that were happening,” Sheltraw said. “This data is a great way to understand what’s going on.”

To see everything Custom Cones USA learned, you can download the Cannabis Pre-Roll Industry Insights | 2021 Edition.

 

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CenturionPro adds variable speed control and rail systems

Press Release – July 15, 2021

FOR IMMEDIATE RELEASE

These innovations empower operators to augment and accelerate the critical harvesting process and grow alongside the industry.

Maple Ridge, BC, Canada – CenturionPro Solutions Inc., the cannabis and hemp industry’s leading manufacturer of elite harvesting solutions, is proud to unveil the latest in elite harvesting technology, the CenturionPro Rail Systems and Variable Speed Control.  With the addition of these innovations to the CenturionPro line-up, growers can now enhance the performance and versatility of their trimming systems.

Variable Speed Control allows the operator to personalize their harvest, as not all flowers are created equal.  Strain versatility is vital to a successful harvesting process and Variable Speed Control empowers growers to better trim a wider variety of strains, regardless of flower size, shape, or density.  Increase velocity for a higher feed rate with wet or heavy resin coated flower or slow it down to be extra gentle on delicate dried flower.  Variable Speed Control will come standard on the new CenturionPro Dry Batch Trimmers with the exception of the DBT Model 1, which is designed to be a cost-effective solution for home growers.  Additionally, Variable Speed Control will now be available as an upgrade option on all CenturionPro Wet & Dry Trimmer models.

Rail Systems enable growers to connect CenturionPro trimmers end-to-end, for a souped-up cannabis and hemp harvesting solution. Connecting machines delivers exponentially greater power and precision, with growers empowered to better match throughput to grow size and increase capacity as they expand.  “Strain versatility and scalability is key for modern growers”, says Karl Lundgren, VP of Marketing at CenturionPro Solutions.  “With the continued trend towards larger and larger harvests, we want to allow CenturionPro customers to expand without having to replace existing machines”.  CenturionPro Customers will now have the option to purchase single, double, or triple machine trimming systems for all models of CenturionPro Wet & Dry Trimmers.

These enhancements take CenturionPro one step closer towards their goal of offering a harvesting solution for every type of harvest.  These ground-breaking innovations are now available to purchase online or through any hydroponic retailer nationwide.

For more information on CenturionPro, please visit https://cprosolutions.com/ and keep up with the latest news via Twitter, Instagram, and Facebook. To inquire about a purchase, you can contact CenturionPro at 1-855-535-0558 or by emailing [email protected].

Reliable, Industrial, Simple, Efficient – Witness the RISE.

 

For additional comment or information please contact:

Karl Lundgren, VP of Marketing, CenturionPro Solutions Inc.
Email: [email protected]
Tel: 1-855-535-0558
Cell: 1-604-369-8342

These ground-breaking innovations are now available to purchase through online or through any hydroponic retailer nationwide. Contact [email protected] for more details.

Vaporfly opens up opportunities for cannabis vape businesses

California-headquartered company Vaporfly announces the opening of opportunities for cooperation with cannabis businesses. It offers access to the leaders in the production of cannabis vapes and accessories throughout China. Clients will be able to receive wholesale, customization, quality control, device testing, and delivery services. Shipping issues are most sensitive in the USA due to the recent changes and restrictions.

The pandemic has impacted almost every aspect of human life in the world. High demand for certain product categories impacted the supply chains. The same thing happened in the vaping industry. Many vape companies experienced a sales boom during the pandemic as many new consumers entered the market. The vaping industry, like all others, was not ready for a large increase of customers and therefore businesses began to quickly look for a solution to their supply chain issues.

In the coming days, the catalog of devices and accessories will be updated and customers will be able to consider new offers. Right now on the Vaporfly website, you can order wholesale devices and packaging in bulk. Those, who have just started and have not yet understood the market in their location will be able to order a research and receive recommendations from the Vaporfly team.

Regarding the website, a new customization feature has appeared there recently. On the site, customers can find pods that can be customized by uploading a company’s logo and placing it on a device where it will fit best. After that, all ordered devices will have the company’s logo in the place where the customer placed it.

Together with marketing research and customization services, Vaporfly opens up opportunities for product testing in partner laboratories. Here is the list of tests that will be available for customers for more information visit vaporfly.com.

Cascade Sciences introduces new glassware line to processing and extraction offerings

Cannabis manufacturers can now utilize Cascade Sciences’ selection of domestic and overseas glassware designed for high performance from benchtop to pilot scale.

HILLSBORO, OR, June 21, 2021 –Cascade Sciences, a leading developer of pharmaceutical-grade processing solutions and laboratory equipment, today introduced its suite of new glassware products. Cannabis brands and manufacturers now have access to Cascade Sciences’ line of glass reactors, short path systems, thin film systems and scientific glassware, in addition to the company’s existing line of world-class vacuum and drying ovens.

This year, Cascade Glass introduced its Hybrid Filter Reactor Packages to market. These complete systems are ideal for pharmaceutical-grade isolate production and contain a reactor, filter housing, vacuum and temperature equipment which are integrated into mobile carts. This all-in-one package is an innovative hybrid of a Nutsche and a standard filter reactor that allows manufacturers to develop a fine isolate powder in half the time compared to the traditional crystal grow. These rapid reaction times are made possible through the reactor’s continuous agitation process, which creates a powder that does not require further pulverizing. Hybrid Filter Reactor Packages are available in 20L, and 50L vessel sizes.

In addition to its latest line of processing equipment, Cascade Sciences offers scientific glassware, including adapters, beaded pipes, beakers, carboys, condensers, flasks and other laboratory accessories.

“Cannabis manufacturing and product development has become increasingly sophisticated, and we recognized a distinct market need for glass equipment that sets the highest processing standards,” said Mary Babitz, Founder of Cascade Sciences. “As a trusted provider of vacuum and drying ovens, we saw an opportunity to expand our existing suite of product offerings and become a one-stop-shop for cannabis companies around the country.”

For more information on Cascade Sciences’ glassware line, including product quotes, please visit https://cascadesciences.com/.

About Cascade Sciences
Cascade Sciences is a woman-owned business offering a full spectrum of laboratory, testing, and processing solutions under one roof. With nearly 30 years of expertise, we have worked diligently to identify and meet the needs of the cannabis industry by delivering customer-focused solutions. Our aim is to build long-lasting relationships with our customers by providing high quality tools and offering excellent customer service. We pride ourselves on our diverse portfolio of offerings including but not limited to vacuum and decarb ovens, rotary evaporators, jacketed and filter reactors, scientific balances, analytical instruments, temperature control units, vacuum pumps, homogenizers, and laboratory baths. We provide the highest quality products with superior service and support.

Media contact:
Deanna Woodall
[email protected]
(503) 847-9047

Ex-advertising agency executives launch a minority owned cannabis & spirits platform

The first media platform connecting brands  with the growing cannabis & spirits audiences

New York, NY (February  9th, 2021) – Flavor Fix, the first media platform catering to cannabis and spirits, has launched. It’s built to educate people on cannabis, CBD and spirits, as well as let brands connect with this hard to reach audience. Kaya Herb House, the first legal dispensary in Jamaica has partnered with Flavor Fix to be their launch sponsor.

“Flavor Fix is a great idea that is perfectly timed.”, said Bali Vaswani, Founder of Kaya Herb House, “You’ve got cannabis legalization forging ahead in the states.  The reality that it is extremely difficult to advertise brands and products in these categories online, and the fact that no site currently offers anything to people interested in both cannabis and spirits.”

Uniquely Connecting Brands with Customers

An AdAge.com paper called Why Cannabis Audiences Are the New Gateway to Growth for Big Brand mentions  the value of the growing cannabis market and their affinity for alcohol.

“21 million buy top-quality beer, wine and spirits, especially whiskey.” – Source: MRI-Simmons National Cannabis Study, 2020, AdAge paper

Enter Flavor Fix. There are well established media platforms in cannabis and others in spirits, however, none that cover both multi-billion dollar industries and that collect data on the affluent audience that overlaps each category.  This allows Flavor Fix to have twice the amount of site traffic and build a much bigger audience than WeedMaps, Leafly, Flaviar, Merry Jane, VinePair and others alike who focus on only one of the industries. This gives them the ability to add value like helping customers pair strains like Mimosa, Gelato, and Wedding Cake  with cocktails like Old Fashioned, Cosmopolitans and Mai Tai etc. Flavor Fix also has a cannabis and spirits influencer network that helps expand their audience/reach and gives brands a unique way of advertising.  This is essential to helping brands be successful online, because advertising cannabis, CBD and spirits brands on Google and Facebook is a challenge.

“Human behavior shows that people like a little toke with their wine, beer or liquor of choice.” said, JJ Smoak, Flavor Fix’s Head of Content,” We cater to this lifestyle by expanding our concept of content into premium handmade wooden products.  Our high-quality products bring flavor to your dinner parties and personal at-home smoking experience.”

High Quality Handcrafted Wooden Products

Flavor Fix makes handmade wooden products like Cutting Boards, Stash Boxes, Rolling Trays  and Flight Paddles in small batches.  This gives Flavor Fix a tangible presence in the home and makes them a valuable part of the party.  Once their products become a household regular, Flavor Fix builds a stronger connection with their audience than other media companies who don’t have a tangible and intimate expression of their brand.  Flavor Fix offer brands like Kaya to do unique advertising campaigns on their platform that include custom branded, hand-crafted products.

wooden cannabis storage

 

Executional Experience

Flavor Fix’s founding team are ex-advertising agency executives with years of experience advertising alcohol brands with Rémy Martin, Diageo and others.  They created Flavor Fix due to an influx of cannabis and CBD clients who found it difficult to advertise cannabis and CBD brands online.  This team has helped spirits brands navigate the regulated world of alcohol advertising and are using Flavor Fix to do the same for CBD and cannabis brands.  The audience overlap also makes Flavor Fix uniquely positioned to help grow the non-alcoholic CBD and cannabis beverage segment.  A recent study by Grand View Research said that the global cannabis beverage market size is expected to reach USD 2.8 Billion by 2025 at a CAGR of 17.8%. Flavor Fix will be a platform that introduces alcohol connoisseurs to this delicious offering.

“The founding team has brand building, advertising, and deep SEO & Content experience,” said Mr. Chichester, Flavor Fix, Advisor and Investor, “ They have found SEO advantages over the leaders in the space and built a platform that will out rank their competitors organically on search engines like Google.  Their creation of an Influencer network for this space shows their foresight. The fact that they consider their wooden products a type of content play is genius. Plus, the majority of the founders happen to be people of color, which is unique in both advertising and the cannabis industry. I think that’s pretty cool.”

About Flavor Fix:
Flavor Fix is the leading multi-media publishing and lifestyle company educating the public on cannabis, CBD and spirits. Flavor Fix helps brands connect with the affluent audiences that are rapidly growing in two multi-billion dollar industries.

Our Essences
https://flavorfix.com/our-essence/

Contact:
[email protected]

 

CenturionPro unveils powerful and affordable mini buckers

The industry’s broadest range of buckers just got broader

Maple Ridge, BC, CanadaCenturionPro Solutions Inc., the cannabis and hemp industry’s leading manufacturer of elite harvesting solutions, today released its latest ground-breaking innovation, the CenturionPro Mini Buckers.

Expanding on the company’s vision to develop a superior bucker for every harvest, the Mini Buckers are powerful yet affordable solutions to streamline small to medium sized operations. Inspired by the best selling GC1 and HP1 Bucking Machines, with the ability to process wet and dry plants, the GC Mini and HP Mini benefit from the same brand-name parts and exceptional construction as the highly sought-after de-stemmers, but scaled down for enhanced portability and affordability.

The market’s most cost-efficient bucker at just $3,695, the GC Mini cuts flowers from the stem, rather than popping them off, which prevents large crown buds from breaking apart. The de-budder accepts stems up to 3/8” in diameter and will process up to 20 lbs/hr wet (4 lbs/hr dry).  GC stands for ‘Gentle Cut’, as the industry’s first machines specifically designed for destemming dry and delicate cannabis plants.

With variable speed control for enhanced versatility, the HP Mini was modelled on the seminal HP1 Bucker. HP stands for ‘High Performance’ and represents CenturionPro’s workhorse line of buckers. Priced at $8,495, the HP Mini utilizes two rollers that pull stems into the bucker which allows operators to continuously feed the machine for more efficient de-stemming. Mini but mighty, the powerful de-budder accepts stems up to 1/2” in diameter and can buck up to 125 lbs/hr wet (25 lbs/hr dry).

 

“The best and broadest range of buckers just got broader”, says Karl Lundgren, VP of Marketing at CenturionPro Solutions. “As cannabis and hemp markets expand globally, we are committed to helping growers of all sizes maximize their harvests.  Harvesting is incredibly labour intensive, so small cultivators needed a solution to streamline the task and boost profitability.” The Mini Buckers are perfect for everyone from home growers to micro licensees, showcasing the company’s revolutionary harvesting technology at an unbeatable price point.

CenturionPro has a history of ground-breaking innovation, underpinned by unparalleled support and product quality, with the GC Mini and HP Mini backed by two-year and five-year warranties respectively. The Mini Buckers are specially designed to carefully and comprehensively strip stems to preserve flowers, dovetailing perfectly with the company’s coveted commercial trimmers.

 

For more information on CenturionPro, please visit https://cprosolutions.com/ and keep up with the latest news via Twitter, Instagram, and Facebook. To inquire about a purchase, you can contact CenturionPro at 1-855-535-0558 or by emailing [email protected].  Reliable, Industrial, Simple, Efficient – witness the RISE.

For additional comment or information please contact:

Karl Lundgren, VP of Marketing, CenturionPro Solutions Inc.
Email: [email protected]
Tel: 1-855-535-0558
Cell: 1-604-369-8342

Delta-8 THC now reported by LightLab 3 Cannabis Analyzer

For Immediate Release    

Media Contact: Ashley Serafin
603-573-9212 ext. 702
[email protected]

NEW LONDON, NH – April 29, 2021 – Orange Photonics is pleased to announce that the LightLab 3 Cannabis Analyzer now reports Delta-8 THC (D8-THC), an increasingly popular cannabinoid found in hemp-derived cannabis products. In addition, Orange Photonics is releasing a new Mobile Monitoring feature which gives users the ability to track sample test progress and view results from a smartphone.

LightLab 3 users can now monitor Delta-8 THC levels in cannabis products alongside the 11 other cannabinoids LightLab reports, offering a clear picture of the cannabinoid profile for a particular product.  “Product differentiation is a key aspect of a successful cannabis or hemp product line.” says Stephanie McArdle, President of Orange Photonics. “LightLab 3 users have a competitive advantage by leveraging real-time data to drive product value, and support quality, consistency and innovation. Delta-8 THC is a trending cannabinoid; its release is indicative of Orange Photonics’ commitment to keep pace with market developments.”

“Delta-8 THC is challenging even for laboratory testing equipment since it is so similar in structure to D9-THC.  Despite LightLab 3’s significantly lower cost and simpler operation, we are pleased to be able to measure Delta-8 THC on the platform.” explains Orange Photonics CTO, Dylan Wilks. “This is possible because our platform is dedicated to cannabis analysis, so it can be optimized in ways that general purpose laboratory equipment cannot.  In a sense, LightLab offers the best of both worlds: lab-grade HPLC technology combined with cannabis specific enhancements that make it easy for anyone to use.”

The new Mobile Monitoring feature release gives LightLab 3 users the ability to remotely track testing progress from start to finish from a smart phone.  The Mobile Monitoring feature is available on every LightLab 3 Cannabis Analyzer.

To learn more visit www.orangephotonics.com.

About Orange Photonics

Founded in 2015, Orange Photonics is based in New Hampshire, USA. LightLab Cannabis Analyzer, is a purpose-built, liquid chromatogram designed for non-technical users. LightLab measures 12+ cannabinoids in 9+ sample types including adult use and hemp cannabis plants and extracted products. LightLab’s Hemp Compliance Module quantifies THC content down to 0.05%, lower than the federal threshold of 0.3%. Orange Photonics’ analytical instrumentation serves the needs of the cannabis industry, counting cultivators, extractors, departments of agriculture, law enforcement, universities, testing laboratories and regulators among its customers.

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Leading U.S. CBD brand Premium Jane announces launch of delta-8 products

Leading American CBD brand Premium Jane has recently announced the launch of a range of hemp-derived delta-8 products. The products, which are available now for online order via Premium Jane’s official website, include a line of 625mg delta-8 Gummies as well as a potent line of 1000mg delta-8 tinctures.

Delta-8 is a structurally unique cannabis-derived compound that produces subtle effects on the brain and central nervous system. The ongoing rhetoric around delta-8 products is that they can work in much the same way as medical cannabis products, albeit with far more subdued psychoactive effects.

“One of the goals since day one here at Premium Jane has been to emphasize product research and development,” says Premium Jane co-founder Jeff Yauck. “Delta-8 is one of the most exciting avenues of recent hemp-derived product development, and our team has worked tirelessly to deliver formulas that are as user-friendly as they are effective.”

While research on delta-8 is limited, early indications suggest the compound may be beneficial for a wide range of ailments. And while the cannabinoid can produce a subtle “high” at excess doses, the effects are expected to be far different that standard THC.

“With this new delta-8 range,” Yauck says, “customers can expect the same exact level of quality, expertise, and craftsmanship that Premium Jane has always stood for. This is an incredibly exciting new avenue for us, and we are beyond thrilled to finally launch the delta-8 product lineup.”

Since delta-8 THC can be derived from hemp, a plant that is legal under U.S. Farm Bill legislation, brands like Premium Jane are taking the opportunity to supplement their range of products – which, up until this point, have consisted mostly of CBD formulas.

To browse the company’s current selection of delta-8 THC products, which are available now for online order to select U.S. states, readers can visit the official Premium Jane website at www.PremiumJane.com.

 

Additional information & contact for PJ Marketing, LLC:

Phone: 1-844-259-5092
email: [email protected]

Safe Harbor Financial launches new website

FOR IMMEDIATE RELEASE
April 27, 2021

 Media Contact

Krista Stafford-Evans, Vice President of Marketing [email protected]
(720) 244-8720

ARVADA, CO., April 27, 2021 – Safe Harbor Financial, a pioneering leader in cannabis banking, is proud to announce the launch of its newly designed website at www.SHFinancial.org. The new site features a streamlined, modern design and easy access to essential information to help cannabis-related businesses (CRBs) find the banking services they need. It also provides information for other financial institutions interested in offering the Safe Harbor Program™ in their communities.

“We are thrilled to debut our new website to our clients, partners and communities,” said Sundie Seefried, CEO of Safe Harbor Financial. “The new comprehensive website ties together our two cannabis banking divisions-Safe Harbor Private Banking and Safe Harbor Services-into one new entity,” said Seefried.

The website also features a new commercial loan section. “So many cannabis businesses can’t get commercial loans at reasonable rates to expand their operations,” said Seefried. “We are proud to be one of the first in the nation to be able to offer commercial loans to clients who have been with the Safe Harbor Program TM for at least six months.” We are also excited to offer loan participations to other financial institutions, which will include our assistance in adhering to Bank Secrecy Act (BSA) obligations,” said Seefried.

The Safe Harbor Financial website will be updated regularly with relevant news, biogs, and podcasts related to cannabis banking.

ABOUT SAFE HARBOR FINANCIAL, LLC

Established in 2015, Safe Harbor is a compliance-based banking program for the cannabis industry, and is wholly owned by Partner Colorado Credit Union. In 2020 alone, Safe Harbor managed and validated over $3 billion in cannabisrelated funds. In 2017, Safe Harbor began to license the cannabis banking program to other financial institutions nationally. Today, Safe Harbor has nine affiliated financial institutions in five states. For more information, visit SHFinancial.org

888-873-1498 | Bank with Confidence | www.SHFinancial.org

BlueOx Credit Union partners with Safe Harbor Financial to bring cannabis banking to Michigan

 

 

Media Contact:
Krista Stafford-Evans
VP Marketing, Partner Colorado Credit Union
(720) 244-8720
[email protected]

FOR IMMEDIATE RELEASE

Battle Creek, MI (April 8, 2021) – Today, BlueOx Credit Union announced its partnership with Safe Harbor Financial to offer traditional depository services to the cannabis industry in the state of Michigan. The joint announcement was made by Safe Harbor Financial CEO, Sundie Seefried, and Steve Cobb, President and Chief Executive Officer of BlueOx Credit Union.

“We’re excited to be working with Steve and his team to offer a viable banking option for legal cannabis businesses and keep communities safer throughout Michigan,” said Seefried. “We’ve worked collaboratively with BlueOx to adapt our program to meet the needs of cannabis businesses in Michigan and ensure the safety and soundness of the credit union.” The new cannabis banking division of BlueOx Credit Union will be called Solid Harbor of Michigan.

Safe Harbor Financial’s banking program strives to help financial institutions meet or exceed complicated federal banking law requirements, such as those included in the Bank Secrecy Act and anti-money laundering laws, when providing services to cannabis-related business by conducting centralized due diligence of prospective account holders and providing the tools needed to monitor cash transactions. “Safe Harbor has been refining this program under the scrutiny of regulators for many years,” said Cobb, “so we wanted to partner with them knowing we’d be able to ensure the safety of the credit union, while giving legal cannabis businesses in Michigan a safe place to bank their money.”

Safe Harbor Financial is a Credit Union Service Organization (CUSO) of Partner Colorado Credit Union—the leader in providing compliance-based banking services to the legalized cannabis industry through it’s Safe Harbor Private Banking division. Safe Harbor Private Banking manages over 500 cannabis bank accounts and has processed over $8 billion dollars.

“The challenges in establishing and maintaining banking relationships is still very real for cannabis businesses in Michigan,” said Cobb. “Offering financial services to the cannabis industry benefits the citizens of Michigan by eliminating millions of dollars in cash passing through the facilities, both in retail transactions as well as business-to-business transactions.” “By offering financial services to cannabis businesses in Michigan, BlueOx Credit Union is living up to the credit union philosophy of people helping people and serving the underserved. “It’s the credit union way,” said Cobb.

About BlueOx Credit Union//Solid Harbor of Michigan

Representing over $215 million in assets, BlueOx Credit Union is a state-chartered, federally insured Credit Union, with membership open to individuals who live, work, worship or attend school in the state of Michigan. Solid Harbor of Michigan is the new cannabis banking division of the credit union.

About Safe Harbor Financial

Safe Harbor Financial (formerly Safe Harbor Services) was established to help bridge the gap between those operating cannabis-related businesses (CRBs) and financial institutions. It all began when Sundie Seefried, a 35-year veteran of the credit union industry, realized that helping financial institutions provide CRBs with an alternative to operating as cash-only businesses would ultimately mean greater community safety. In 2014, Sundie established the Safe Harbor Program in Colorado. Its success led to an expansion of the program into other states with approved sale of recreational and/or medical cannabis. The core Safe Harbor Financial team is comprised of leaders in the fields of banking, financial services and legal counsel. They also have a deep understanding of the cannabis industry. Their expertise regarding the policies and guidelines for offering financial services to the cannabis industry is what allows Safe Harbor Financial to make available an innovative program for connecting CRBs with desirable financial services. For more information, visit SHFinancial.org.

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Oregon CBD releases the first federally compliant CBDV rich cultivars to the US hemp market

Independence, OR – Hemp seed producing powerhouse Oregon CBD announced their release of two triploid CBDV rich cultivars this week, the firsts of their kind.

CBDV, or cannabidivarin, is one of hundreds of known cannabinoids that until recently has had little presence in the cannabis plant. Lauded for its potential medical benefits, its use by the casual consumer have yet to be fully discovered or embraced.

For the breeders at Oregon CBD, coaxing the cannabinoid out into the open has been a top priority for years.

“We started our varin breeding project after discovering what could basically be described as blips on a chromatogram five years ago,” comments Oregon CBD Co-Owner Seth Crawford. “It’s been a long journey, but we couldn’t be more excited to bring this novel cannabinoid out into the market.”

CBDV is chemically similar to CBD, but according to Crawford elicits calm, focused energy, coupled with muscle relaxation, and is the target of multiple pharmaceutical research commercialization efforts. Crawford describes their two varieties as capable of producing large, richly aromatic flowers that remain below 0.3% total THC even as trimmed flower.

For industrial hemp growers, the company’s claims that dried and trimmed flowers will remain below the federally mandated total THC requirements of 0.3% total THC is big news. Studies have shown the CBD gene produces THC at rates of around 25 parts CBD to 1 part THC, meaning any flower that contains over 7-8% CBD will most likely contain over 0.3% total THC.

According to Oregon CBD the answer is breeding varieties with half of their total cannabinoids as CBDV and around half of the remainder as CBD. Their research has shown total THC percentages are cut in half with the varin (CBDV) cannabinoid present and plants that are able to reach total cannabinoid percentages in the teens.

“Even extremely low CBD producing varieties that may only hit 7% total cannabinoids still have the risk of going hot,” says Crawford. “The rules of standard deviation show a percentage of the population will still hit over 0.3% unless you have a variety that maxes out around 5% CBD. No one wants a variety that low.”

In addition to being high in novel CBDV, their two new offerings Forbidden V Seedless and Pine Walker Seedless are labeled as triploids. The long celebrated and traditional triploid breeding process produces plants with 3 sets of chromosomes instead of 2. Triploids used in other crops such as grapes, hops, bananas, citrus, and watermelon are sterile, and also boast a variety of increases in production and aroma.

“Triploids are the future of cannabis,” adds Seth. “We saw between 30 to 100% production increases in our triploid field trials last summer, and even after coating them with pollen we found a maximum of around 3 seeds per plant. Not to mention a variety of added aromas you just don’t get in their diploid counterparts.”

The science behind breeding triploids is fairly straight forward. Cannabis in the wild has 2 sets of chromosome pairs, a copy from each parent. In rare-documented cases plants can mutate into tetraploids which have 4 sets of chromosome pairs. Tetraploids in other agricultural crops exhibit slightly larger fruits and flowers but few other differences. The magic, according to Crawford, is when a tetraploid is crossed with a diploid to produce a triploid.

“Anything in nature with an odd number of chromosome pairs is sterile,” adds Seth. “And for growers this means seedless flowers even if they are exposed to pollination. Seeded cannabis crops are essentially worthless on the trimmed flower market and a severe hit to biomass producers.”

Oregon CBD, which brands itself as an industrial hemp seed research and development firm, hosts what they call a laboratory based and field trial backed breeding program – while its new offerings maintain both USDA Organic and NSF Non-GMO Certifications.

For a market faced with “hot” CBD saturation and farmers experiencing heavy pollination issues around the nation, federally compliant CBDV rich triploid cannabis genetics could just be the answer for an industry in turmoil. For consumers it might just be the next big buzz. Only time will tell.

For more information on Oregon CBD’s CBDV genetics visit their website:

https://oregoncbdseeds.com/cbdv/

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