Business

Diluted Cannabis Oils Demonstrate Problems Facing the CBD Sector

Published

5 years ago

August 7, 2019

Diluted Cannabis oils in Argentina demonstrate the risks of buying CBD online, the solution could lie with companies like West Coast Ventures Corp. (WCVC) and their Illegal Brands CBD offering at physical restaurant locations.

There is a problem in the state of Argentina. Seven out of ten samples of cannabis oil that arrives at the laboratory of the Faculty of Biochemical Sciences of the National University of Rosario has a low cannabinoid content. This compound is what generates the therapeutic effects of CBD oils low content makes them ineffective.

This problem is prevalent globally and the study in Argentina highlights the risks of purchasing CBD online, or from unknown retailers. This is where companies like West Coast Ventures Corp. (WCVC) step in. The company is America’s first CBD restaurant stock and is dedicated to normalizing the use of CBD through education and high quality products.

All of the company’s Illegal Burger and Illegal Pizza restaurant locations stock Illegal Brands CBD sachets & water. The company takes the same approach to its CBD as it does to its food. Only high quality, sustainable products are utilized. This educational brick and mortar approach could help mitigate the threat posed by low quality, heavily diluted, CBD products sold online.

A serious problem for patients & health conscious users

The GC/MS (Gas Chromatography with Mass Spectrometry) laboratory of the Faculty of Biochemical and Pharmaceutical Sciences of the National University of Rosario (UNR) began to receive preparations from patients with low cannabinoid content. Seven out of ten samples of cannabis oil that arrive at this laboratory have a low content of cannabinoids, the compounds that generate therapeutic effects.

The presence of extremely diluted oils had already been detected by biochemists at the GC/MS (Gas Chromatography with Mass Spectrometry) laboratory of the Faculty of Biochemical and Pharmaceutical Sciences of the National University of Rosario (UNR). However the problem become worse over the course of 2019 as more patients sent in samples of the products that they consume to treat illnesses like rheumatism, arthritis and other types of pain; generally without any other medical accompaniment.

Last February, the Faculty of Biochemistry begin to offer to analyze cannabis oil for medicinal use with the aim of bringing key information to the community guaranteeing the right to know what is consumed. The information provided by this analysis is unique in Argentina.

The faculty was already experienced in conducting these tests. Two years ago, through a UNR linkage project, trials were started with the purpose of understanding what type of oils the population consumed and to make a pharmacotherapeutic follow-up of the patients. The samples arrived only through the Pharmacotherapy Optimization Unit (UOF) and cannabis organizations.

The analyses offered are confidential, only identified with a code, and the results are received by mail. Users of the service can voluntarily complete an anonymous questionnaire that asks if the oil was acquired in the formal or informal market, if it is of national, international or home-produced origin; if the plant used or the way of extraction is known and, finally, the ailment for which it is consumed, if it is part of a medical treatment regime and how many drops they take per day.

The service processes an average of 40 samples per month, mostly from the illicit market. The test determines the concentration of two important cannabinoids: CDB (with a significant medicinal benefit) and THC (more psychoactive). The level of CBD or THC in a product determines whether the oil is therapeutic, or merely a placebo.

“A plant has a variation in its content and concentration depending on its genetics, according to where it is cultivated and in what way, the climate -whether there was sun or rain-; then the procedure of extraction, harvesting, manipulation and elaboration of the oil (the preparation and if it was diluted)” explained the biochemist Mónica Hourcade, chief and responsible for the service. “They are all determining conditions, so the same grower can have different results over and over again. And when he prepares the sample to be sent to this laboratory, that protocol also has an impact on the result of the analysis.”

The Results

“The experience of these months allows us to draw two conclusions: we see many samples with very low concentrations, much more than those we saw in the oils brought to us by the growers’ organisations. The samples that circulate commercially on the black market, in general, are quite diluted. And we also see that there are many people who consume the oils and do not have any advice or supervision from the doctor” explained the Dean of the Faculty of Biochemistry, Esteban Serra.

Of the samples received at the faculty since the service opened, 70 percent showed they had less than one milligram of either of the two cannabinoids per milliliter of oil. Two years ago the percentage of oils with low cannabinoid content was 40 percent. One milligram per milliliter is a low percentage. In general, oils are more concentrated. Those produced in Chile, for example, have four milligrams (3 of CBD and 1 of THC), and Charlotte’s Web oil has 50 milligrams of CBD.

If the studies in Argentina demonstrate anything it is that the regulations surrounding CBD oils are still severely lacking. Users shouldn’t purchase oil from unknown brands, no matter how good the deal seems. Instead they should look to companies like Charlotte’s Web and West Coast Ventures Corp. for a legitimate product.

Business

Conduent and Microsoft Collaborate to Use AI to Increase Business Efficiency

Published

2 days ago

April 30, 2024

Kajal Chavan

AI-Powered Strategic Alliance for Improved Business Operations

Conduent, a provider of business services, recently announced a strategic partnership with Microsoft. The purpose of this partnership is to lead the way in generative artificial intelligence (AI) applications in important industries. The partnership’s primary goals are to use AI to transform healthcare administration, improve customer support, and strengthen fraud detection systems.

Boosting Cloud-Based Secure AI Adoption

Conduent’s clients will be able to take advantage of a secure cloud environment at a faster rate thanks to the synergy between Conduent and Microsoft. Three generative AI pilot programs are presently being developed by the alliance, one of which aims to efficiently extract data from medical documents. The goal of this project is to use Microsoft’s Azure AI Document Intelligence and Azure OpenAI Service to expedite the resolution process.

AI’s Strong Effect on the Growth of Small Businesses

The applications of AI go beyond the healthcare sector and include small businesses, where AI is thought to be a growth accelerator. AI has many uses, from enhancing customer service to automating marketing campaigns to expand its market reach. Particularly tailored AI solutions are being developed for small businesses, taking into account their unique resource limitations, making advanced AI tools more accessible to them.

Businesses with limited resources can now benefit from AI models developed by companies like Microsoft, which has garnered attention and given them a competitive advantage in the market. Supporters of these scaled models emphasize how easy it is to integrate, how affordable, and how little data these models require—all of which are advantageous for most companies that handle large volumes of sensitive data.

Conduent and Microsoft’s partnership is a big step toward bringing artificial intelligence (AI) into conventional business models, optimizing workflows, and establishing new benchmarks for customer and client interaction.

Business

A positive mindset, steering positive financial change, meet Oz Clement Knight

Published

1 week ago

April 23, 2024

Brand Buzz

Oz Clement Knight pushes boundaries as a top financial educator and entrepreneur, inspiring lives worldwide.

It is sometimes not just about feeling passionate about working in a particular field; it is more than that for a few rare professionals and business owners who strive for excellence daily, besides feeling passionate about all they choose to lay their hands on. When we saw the rise of Oz Clement Knight, who has been in the financial sector for several decades, we understood how a person needs to surrender to his aspirations and goals in life to push boundaries and steer positive change.

Oz Clement Knight is all about this and beyond. At every step in his journey, he has proved why he deserves to be called a leader in the financial realm, for he has stayed committed to taking his clients to the financial success they wish to achieve and, in the process, has reached the forefront of the industry.

He has been pioneering financial success for others through two incredible ventures, namely OHL Ventures Fund LLC and Ozmarq Holdings Ltd. The former is a Delaware series limited liability company to make venture capital and growth equity investments in diverse leading seed stage, early stage, and developmental stage and later stage private companies, with companies engaged in social media, social media, life sciences, and clean tech businesses. Through the fund, he promises to create returns for investors by helping them identify and invest in potential leading-edge companies that can later provide them with massive returns.

The latter serves as the Manager of the fund that will establish a series of funds for purchasing securities of a portfolio company/companies from a secondary source, making a separate and distinctive investment directly in a portfolio company/companies, and/or investing in the interests of investment funds, special purpose vehicles, or other entities whose portfolios consist of one or more portfolio companies.

With his years of experience and knowledge in private wealth management, investment banking, and capital markets, the financial educator, who loves spreading his knowledge among others, especially the youngsters in the field, has ensured that he offers financial services that cater to the individual needs of his clients, eventually empowering them to navigate the varied financial complexities in their journey to reach financial success.

Business

Dell Unveils AI-Enabled Laptops and Workstations for Indian Enterprises

Published

2 weeks ago

April 20, 2024

Kajal Chavan

In India, Dell has introduced a new line of business AI laptops and mobile workstations. The Latitude 9450 2-in-1, Latitude 5450 business laptop, Latitude 7350 Detachable, and Precision 5490 are the four laptops that the brand has introduced.

These are premium offerings with cutting-edge features that are intended to usher in the AI era and increase employee productivity for businesses. Let’s examine the cost, features, and accessibility of Dell’s most recent laptop models.

Dell Latitude 9450 2-in-1 Price and Features

The world’s smallest 14-inch commercial PC, the Dell Latitude 9450 2-in-1 is intended for consultants, salespeople, and executives. The laptop is the only commercial PC in the world with a Zero-Lattice Keyboard and Haptic Collaboration Touchpad, and it has an InfinityEdge QHD+ display.

Moreover, it has Mini-LED backlighting, which is said to cut down on battery consumption on the keyboard by up to 75%. Starting at Rs 2,60,699, you can purchase the Dell Latitude 9450 2-in-1.

Dell Latitude 5450 Business Laptop Price and Features

The Latitude 5450 business laptop is a member of the 5000 series, featuring the Intel Core Ultra U-series processor that provides up to 10% more performance for web browsing, video conferencing, productivity, and content creation than their predecessor. Starting at Rs 1,10,999, this laptop is priced.

Cost and Features of the Dell Latitude 7350 Detachable

According to some, the most adaptable commercial detachable laptop in the world is the Latitude 7350 Detachable. It has a 3k resolution with ComfortView Plus to lessen harmful blue light, and it has a sleek and lightweight design. Starting at Rs 1,73,999 is its price.

Dell Precision 5490’s Features and Cost

A 14-inch InfinityEdge touch-enabled display with a 16:10 aspect ratio debuted with the Dell Precision 5490. Updates to the device that are enhanced by AI will increase productivity in business and industry applications. In India, it is priced at Rs 2,19,999 at launch.