For computer programmers, many see a new industry of software apps linking cannabis and technology to compliance. From drivers apps to robotic control of producing and bitcoin involvement to find a way around the restrictive banking legislation, programmers are busy getting high and developing new applications. In this part of the series we will look at some of these apps and the impact of legislation.
What to do with the money? Legal licensed cannabis entrepreneurs are showing up in droves at the Washington State Department of Revenue with cash, sometimes as much as $200,000.00 but mostly around $50,000.00 to pay their excise taxes as reported by the Washington DOR and LCB in a recent phone interview. There is more risk involved in carrying significant amounts of cash than growing, processing or a retail selling of cannabis. Why have these entrepreneurs been put into such a risky situation? It’s a one-word answer, “LEGISLATION.”
Current legislation still reflects the 1930’s impact of the Marijuana Tax Act of 1937, supported by Hertz, plantation owner of cotton fields, and the fear that Hemp would impact his cotton business he convinced congress to pass the Marijuana Tax Act of 1937. This solved two problems, protected Hertz’ cotton paper monopoly and gave law enforcement the ability to socially and criminally condemn the Mexicans who crossed the border with their Marihuana. Most American citizens did not realize that the cannabis tinctures sold in their local markets which they had relied on for generations was Marihuana and instead thought Marihuana was some kind of very dangerous drug as advertised by Congress and Newspapers.
After years of law enforcement arresting not only Mexicans, but Americans, mostly black Americans, the 1937 law was ruled unconstitutional and was replaced with the Controlled Substances Act in the 1970’s. The Controlled Substance Act established Schedules for ranking drugs according their “dangerousness and potential for addiction1.” Cannabis aka Marijuana aka Marihuana was put into the most restrictive category of Schedule one alongside heroin, meth and opium.
Due to this erroneous and misleading scheduling, cannabis is one of the most regulated industries in America and its changing daily. At the urging of their citizens, States have started to create their own legislation deregulating cannabis to allow citizens to once again use this herb for the beneficial potential this herb offers. However, the Government has known for decades about the healing potential of cannabis as evidenced by the 1991 Federal Government patent on Cannabis and refiled again in 1998. See figure 2.1.
Cannabinoids as antioxidants and neuroprotectants
The patent states “Cannabinoids have been found to have antioxidant properties, unrelated to NMDA receptor antagonism. This new found property makes cannabinoids useful in the treatment and prophylaxis of wide variety of oxidation associated diseases, such as ischemic, age-related, inflammatory and autoimmune diseases. The cannabinoids are found to have particular application as neuroprotectants, for example in limiting neurological damage following ischemic insults, such as stroke and trauma, or in the treatment of neurodegenerative diseases, such as Alzheimer’s disease, Parkinson’s disease and HIV dementia. Nonpsychoactive cannabinoids, such as cannabidoil, are particularly advantageous to use because they avoid toxicity that is encountered with psychoactive cannabinoids at high doses useful in the method of the present invention. A particular disclosed class of cannabinoids useful as neuroprotective antioxidants is formula (I) wherein the R group is independently selected from the group consisting of H, CH3, and COCH3.
Despite this, American citizens have maneuvered the legality of cannabis through State Legislation and created a market for legal cannabis in over half the American states. See figure 2.2
State’s rights legislation has led to an increase in commerce for local and state governments as well as e-commerce as the technical world takes on the banking arena, or the lack of traditional banking availability due to Federal legislative control of the banking industry. Technology has stepped up to solve the issue. Global Payout, Inc. addresses payment challenges of the cannabis Industry with the incorporation of Bitcoin Technology.2 Bitcoin technology offers an alternative to the Federal banking institutions. Global Payout, along with many other Tech companies are trying to solve problems facing the legal cannabis industry with Technology.
On planet earth, when an industry arises that has the potential to offer unprecedented ROIs, large multinational corporations step in to control the industry. Just this last Monday President Trump’s Chief Political Advisor, Roger Stone launched his Council on Marijuana with the sole agenda of removing cannabis from the Controlled Substance list as legislated by the Controlled Substance Act of 1970.3
Also, this year Bill H.R. 1227 was introduced into Congress Ending the Federal Ban on Marijuana Prohibition Act of 2017. Bill H.R. 1227 and the Council on Marijuana will lead the way for corporations to legally corral the cannabis industry. Does this mean that now legal cannabis companies will have access to the banking industry? While this is going on behind the scenes Jeff Sessions continues his hyperbole scaring off the Mom and Pop legal cannabis operations and denying them access to banking.
I interviewed cannabis geneticist Jamal Hackler of the Cannabis Club Los Angeles, CA and Co Founder of tripleAgenetics who has left cannabis production to enter into the technical support side of Cannabis. I was interested in his reasons for leaving a genetics company he had worked in for decades.
I asked Jamal “Why move from geneticist to computer programming?”
“Being a geneticist, I wanted to devise new technology that allows for a higher level of technology and diversity than otherwise would be available. I would like to take technology and harness the power of the plant through technology, Nano tech and robotics within the cannabis industry. The industry still has room for growth in directions such as plant energy including fuel.”
“What sort of future growth for cannabis in the technology arena do you anticipate?”
“Interface development, onsite programmers for computerized system within facilities and robotic systems. Already the large corporations are building mega centers, 50,000 square foot centers for growing, processing and retailing all in one location. The use of robotics in these facilities will require large team of programmers opening up new jobs in technology within the cannabis industry.”
“Why did you personally leave the industry to pursue a computer science degree?”
“It is an exit strategy. With large corporations involved, the risk became too great. I also want to work on alternative fuels within the industry. I am involved with a tech startup that has plans for the alternative use of cannabis and nanotechnology on and off this planet. The final frontier for cannabis is yet unknown and there will be a shift in the cannabis consciousness as people learn of the great powers to be harnessed using cannabis. In order to do this, I needed a computer science degree to use the power of computers and nanotechnology. This is a path to my ultimate goal.”
Jamal Hackler is not the only cannabis entrepreneur to realize this great opportunity. Every week new tech startups working within the cannabis industry pop up. This shift of “cannabis consciousness,” as Jamal put it, and the idea that cannabis can provide more than human healing, but earth healing as well by providing plant based fuels, plant based plastics, and off world technology alongside the mass creation of jobs within technology will be historically documented as a turning point for humanity in the future.