My guest on the show today is Gerry Jacobs, CEO, and Nick Warrender, COO, LFTD Partners, Inc. (OTCQB: LIFD). LFTD Partners Inc., Jacksonville, FL (OTCQB ticker symbol LIFD) is the parent corporation of Lifted Made, Kenosha, WI (www.LiftedMade.com), which manufactures and sells hemp-derived and psychoactive products under its Urb Finest Flowers and Silly Shruum brands. LFTD Partners Inc. also owns 4.99% of CBD-infused beverage and products maker Ablis Holding Company (www.AblisBev.com), and of craft distillers Bendistillery Inc. d/b/a Crater Lake Spirits (www.CraterLakeSpirits.com) and Bend Spirits, Inc. (www.Bendistillery.com) all located in Bend, OR.
I was made aware of LFTD Partners by Scott Weis from Semco Capital, and after doing a quick dive into the company, I invited them on to better understand how LFTD has gotten to where they are today.
You hear me gush a little bit in this interview, not a recommendation nor do I own LFTD Partners, but I’ve been interviewing cannabis companies for 8-9+ years now, was right there at the beginning interviewing psychedelics companies, and have chatted with countless investors/experts that are active in the space. The majority of the companies, I would argue, have or will fail in building a business in cannabis or psychedelics, especially in this nuclear winter, negative sentiment environment for this space. And so, when I come across a company like LFTD, I wanted to share a story that, for all intents and purposes, is not just surviving, but also thriving. That’s not to say there hasn’t been bumps in the road, which we discuss, as well as:
– Lifted Made’s brands: Silly Shruum and Urb Finest Flowers – Managing regulatory risks – Building out their distribution and sales networks – Importance of Brand IP; and – Running a psychedelics/cannabis company through the current nuclear winter/negative sentiment
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Joe Rott from Brazil continues his interview with some plans for our future Hemp Soap with gemstones inside them. This all natural hemp oil soap is presented to you be www.forbiddenleaf.com and will be our next Kins Domain Certified gemstone hemp product offering rebates to you the consumer and to Patch Adams organization the Gesundheit Institute (see: www.patchadams.org). Future evolutions of these products and more are covered in this video.
Decarboxylating the hemp may cause false positives for the technical requirements of the THC levels in Hemp. Learn more about how to test the THC Levels in Hemp, here. The 2018 Farm Bill legalized hemp by providing for its cultivation and interstate transportation, but its definition of Hemp could be used to argue the all marijuana is technically hemp because of the usage of only delta-9 THC as the meaning for determining if it has less than 0.3% THC or less, and is therefore hemp.
Testing Hemp for Delta-9 THC
Testing Hemp for Delta-9 THC and Farm Bill Compliance – the USDA updated this for total THC – frustrating the american hemp farmers further in 2021 when those regulations go into effect. It’s unfortunate because most hemp strains cannot meet the total THC levels. _____________________________________________ *Update* If you’re reading this after October 9, 2020, unfortunately, we had to delete all links to outside sources. While Cannabis Legalization News is an educational news show, the very center of many of our discussions is cannabis. Cannabis currently remains federally illegal and YouTube is mandated by federal regulations. We implore you to go to our website “Cannabis Industry Lawyer” and subscribe to our newsletter so you can keep up with all cannabis legalization news. Please always comply with your jurisdiction’s cannabis laws. If they delete our channel, we’re sorry – we tried to comply but they said we did not.