Therapy Tonics

News

By in Media, News 0

Why & how I joined the cannabis industry – by Executive Assistant Bree Hess

Most industries around the world are often dominated by men in what can only be described as a “boys club”. Thankfully for the growing cannabis industry, our female leaders have been stepping in and making a huge influence on our industry. In fact, most of our Therapy Tonics mentors & employees are women of cannabis and we couldn’t be more proud.

Last week we were invited to attend an event in San Diego titled “Executive Women in Cannabis : Exploring Emerging Opportunities”, like many localized events and panels we attend we often bring team members to help educate attendees on our Therapy Tonics products and offer up polite conversation about the culture and ethos of the Therapy brand. This week through our usual speaker CEO Chris Coggan was unable to join us as he was out sick. But fortunately, our very own Executive Assistant – Bree Hess was able to step in and offer up her story on how and why she got involved in the Cannabis Industry and how it has vastly improved her quality of life. In hindsight, Bree ended up representing this particular discussion from a female point of view much better than Chris ever could, and we are glad she was able to step up and knock it out of the park. We were able to capture her story here.

By in Media, News 0

Cannabis Wonderland 2018 Recap

Howdy Y’all Texas Taylor here from Therapy Tonics to give you a brief recap on this past week’s events in Las Vegas. Read along with me as I will be quickly going over my take on MJbizcon, Cannabis Wonderland afterparty and the future speculation of Therapy Tonics.

Regardless if you are somewhat new to the cannabis industry or you are an industry O.G., you would have probably recognized by now that Mjbizcon is the largest and most important annual cannabis business conference of the year. With a rapidly growing turnout year-over-year the MJ Business convention consists of a weeklong escapade of industry movers & shakers all coming together to share ideas and network on behalf of their respected trades. Personally, I was only able to attend the actual convention for a brief moment and was blown away with overall size and engagement I was seeing coming from the Las Vegas convention center. Even my Uber driver said it was busier than normal day for the convention crowd, which if you have ever been to Las Vegas for a convention you will know, that alone is quite a statement. A brief stroll through the convention floor could have you stopping for an in-depth chat with all sorts of industry services and brands ranging from cultivation, research, distribution, finance, legal, media, packaging, warehousing, banking, software etc.. etc.. There were seemingly hundreds of private events, parties, seminars, and showcases for an individual or group to RSVP and attend. In an incredibly busy 3 days for the Therapy Team, Bree Hess, a colleague of mine was able to break off from the demanding party coordination to attended The Women of Cannabis (WOC) conference and had this to say about the experience “It was a great opportunity to engage with women of the Cannabis Industry, and not only that but executive women who were motivated, driven and inspiring. It was a pleasure to come together with these amazing individuals to discuss the importance of furthering research for both medical and recreational use in the Cannabis Industry”. A musk of dank air arose over Las Vegas which produced a vibe one could only describe as “positivity” as almost every encounter I had from the event security to the business executive was left with positive aspirations of things to come for the cannabis industry. Even competitors seemingly co-existed and were able to come together to discuss ideas as well as share pleasantries. It was a feeling of community that I have personally never seen or felt before at a business convention. Which speaks volumes to the culture of this industry.

Aside from the convention, companies showcased their brands and services at what seemed to be a pick-and-choose of showcase after parties. I was lucky enough to be invited to attend a handful of high-profile events hosted at some of Las Vegas’ finest luxury establishments where I could casually shake hands and mingle with some of the biggest names in the cannabis industry over an adult beverage or the sharing of a smoke sesh. After parties provided a business casual environment to meet and mingle individuals from all aspects from industry. You can easily find yourself in a conversation with a CEO of a cannabis company, distribution executive, journalist, a freshly budding entrepreneur, or even a potential investor.

Of the handful of afterparties that I was personally able to attend, I can say with certainty and all bias aside that Cannabis Wonderland was by far the most impressive of all the afterparties. A must see event, Cannabis Wonderland is an interactive and highly engaging trip down the rabbit hole, where corporate sponsors, industry wigs, celebrities, investors, media journalists, bud-tenders and cannabis consumers all gathered for a celebration of the normalization of cannabis that can be described as anything but, well.. normal. Event Coordinators Deviant Apex put on an extravagant show of professional elegance and general weirdness that spoke volumes about the rapidly exploding state of the cannabis industry. I overheard Dan Schmink – CEO of Deviant Apex the coordinators of Cannabis Wonderland say that “We are honored to serve our over 4200 guests that experienced Wonderland with us this week and are looking forward to sharing 2019’s plans in the near future”.
Attendees that RSVP’d to the event were afforded a wealth of entertainment from mingling with Alice in Wonderland and cast, a trippy pool-side party experience complete with artistic water performance, several interactive sponsored presentations, a group smoke-sesh in one of three party tour buses, a fully packed club-like experience raging in the bar and lobby sections of the hotel, and for the select few, an interactive one-on-one VIP experience provided by event sponsors complete with medicated tastings. Needless to say, that if you missed out on the photo-op that was Cannabis Wonderland 2018, you need to make a point to mark the event on your calendar to make it out to Las Vegas next year; where I can only assume to expect an even more grandeur and extravagant themed party. Be on the lookout for more events by Deviant Apex, as I am sure they will have many more down the pipeline in the coming year.

In what was a huge week for the Therapy Tonics team, both internally and externally — we take home with us a feeling of accomplishment. Several years in the making to step out on a national scene and showcase the hard work, dedication, and perseverance that has persisted from all of our team members consisting of our manufacturing, sales, creative, and executive departments. Team members that were able to attend and work the event all had inspiring words as they look back on the struggles an accomplishments of a rapidly changing cannabis industry over the past few years, and move forward to what can only be envisioned as a promising future for this San Diego based Cannabis brand. Therapy Tonics looks to maintain momentum and finish the 2018 year out strong, CEO Chris Coggan had this to say about the event “(quote from Chris)”. Moving forward Therapy Tonics CEO & Team are forecasting a rapid growth in company size, sales, and possibly SKU’s with talk of potential new flavor offerings, an apparel brand, collaborations and an uptick in creative media in the next year to come. A big thanks to all the event sponsors, vendors, attendees and not to mention, the Artisan Hotel for helping to make this event a success. We are already stoked to see you next year

By in From The CEO Comments Off on Reading into Coca-Cola’s recently publicized interest in the cannabis market

Reading into Coca-Cola’s recently publicized interest in the cannabis market

 

 

*This Op-Ed written by Christopher Coggan was first published by San Diego Daily Transcript on Oct. 22nd

 

It was recently reported that Coca-Cola was eyeing the cannabis market. As one might expect, cannabis stocks saw a meaningful spike in value with the news of yet another giant international beverage company considering the move into cannabis. Unlike Constellation Brands before them, makers of the popular Corona beer who have recently invested billions in Canopy Growth, Coca-Cola’s inquiries seem more conservative and focused. Coca-Cola’s interest lies in the non-psychoactive Cannabinoid CBD (Cannabidiol), one of the over 100 active cannabinoids naturally occurring in cannabis. Studies show that this phyto-cannabinoid, CBD, is a powerful promoter of the body’s own endocannabinoid system comprised of a network of receptors that regulate an individual’s anti- inflammatory response.
In other words, these recent headlines, although exciting, are not telling the entire story (quite the contrary, they are supplementing the truth with media hype). The type of cannabis strain most commonly associated with CBD is not cannabis (aka marijuana), but rather industrial hemp. Although both hemp and cannabis share the Latin name of Cannabis Sativa, these two plant variations are treated as separate and distinct, that distinction primarily determined by the potency of psychoactive THC. If a cannabis sativa plant contains less than 0.3% THC, the plant is
considered industrial hemp. This is important because industrial hemp faces a varied and somewhat murky regulatory environment compared to the regulated state cannabis markets. The Drug Enforcement Administration (DEA) for example, the CBD that is derived from it a schedule I narcotic, much like THC. The California Department of Public Health has recently come out to
support that position, even though the unregulated hemp CBD market in California might even exceed $1 billion annually. The hemp round table, a consortium of hemp farmers and manufacturers, believes that hemp and it’s bi-products are protected by the 2014 Farm Bill. They also have the opinion that CBD is an unscheduled cannabinoid and should be treated like a nutritional supplement. Then of course, you have a handful of pharmaceutical manufacturers that are in various stages of the patent and trial process on CBD-based drugs. To muddy the waters further, the U.S. government owns a patent on CBD.

Clearly, Coca-Cola courting anything connected with marijuana is an incredibly telling sign of the times. Yet, even though their conversations with Canada-based Aurora Cannabis (ACBFF) seem indicative of the headlines born from these negotiations, their comments suggest that their focus is more on the potential of hemp-derived CBD beverages. And there is good reason for this. As a publicly-traded company on the New York Stock Exchange, Coca-Cola is regulated by the Securities and Exchange Commission (SEC) and is also governed by a host of other expectations dictated by the federal government. Consequently, their ability to engage cannabis directly in the U.S. is severely limited. Coca-Cola’s calculated engagement means a lot more than the headlines suggest, especially as it relates to the hemp CBD marketplace. The fact that one of the largest beverage companies on the planet is considering moving in this direction suggests a base line shift in the

perception of existing federal law and perhaps more importantly, a harbinger of anticipated changes in federal policy. The Senate’s version of the 2018 Farm Bill includes an amendment that would legalize hemp production, resulting in a clear divide between hemp and its psychoactive counterpart, cannabis. Coca-Cola’s interest
currently is no coincidence; new federal policy appears to be a forgone conclusion.

 

This Op-Ed was first published by San Diego Daily Transcript on Oct. 22nd

 

Author:

Christopher Coggan
Founder/CEO Therapy Tonics & Provisions, Inc
Chairperson, CCIA Manufacturing Committee

 

 

By in California MMJ Law, News Comments Off on Gov. Jerry Brown Signs Bill to Erase Past Cannabis Convictions

Gov. Jerry Brown Signs Bill to Erase Past Cannabis Convictions

Culture Magainze | 

On Sept. 30, Gov. Jerry Brown signed Assembly Bill 1793, which will wipe out or reduce past cannabis convictions for potentially hundreds of thousands of Californians.

Effective Oct. 1, the Department of Justice will be required to review criminal records by July 1, 2019 and recall, dismiss, seal or redesignate cannabis-related convictions that are eligible for expungement or reduction.

Misdemeanors for transporting up to an ounce of cannabis and growing six plants at home can be expunged. Felony charges such as transporting or selling over an ounce of cannabis can be reduced to a misdemeanor.

“AB-1793 will bring people closer to realizing their existing rights by creating a simpler pathway for Californians to turn the page and make a fresh start,” said Assemblyman Rob Bonta. “Long after paying their debt to society, people shouldn’t continue to face the collateral consequences, like being denied a job or housing, because they have an outdated conviction on their records.”

An estimated half-million California residents with cannabis-related convictions between 2006 and 2015 are eligible for reduced or expunged criminal records. According to the Drug Policy Alliance, only about 5,000 people petitioned to have their records cleared or reduced.

Several other cannabis-related bills were addressed, including the approval of Senate Bill 1294, granting funding to boost minority-owned businesses. Gov. Brown vetoed Senate Bill 1127, which would have granted students access to medical cannabis. He also vetoed Assembly Bill 1996, which would have allowed cannabis to be grown at the University of California for research, and Senate Bill 829 which would have exempted medical cannabis donations from cultivation taxes. Gov. Brown indicated that he plans on reintroducing SB 1127 to provide a way for students to have access to medical cannabis.

California joins Delaware, Massachusetts, Maryland, Oregon, and Rhode Island, all of which have enacted similar laws.  The new law gained the support of Los Angeles Mayor Eric Garcetti, the Los Angeles County Board of Supervisors and the Los Angeles County district attorney’s office.

Full Article

By in Media, News, Uncategorized, Videos Comments Off on Therapy Tonics & Provisions featured on KPBS News

Therapy Tonics & Provisions featured on KPBS News

Therapy Tonics is on a hot streak! Check out our latest mention on local San Diego area news outlet KPBS, where anchor Andrew Bowen popped into our licensed manufacturing facility and interviewed Vista Prime Distribution CEO, George Sadler to get an inside look on the manufacturing side of budding cannabis industry in San Diego.

click {this link}to read the entire article courtesy of Andrew Bowen.

 

 

X