Vic Neufeld brings a many valued years of experience to the medical marijuana industry, with an extensive background in business planning and even farming. He served as CEO of Aphria Inc. is responsible for growing the company to be one of the largest medical marijuana companies in the world.
Vic Neufeld is a leader in the industry of medicinal marijuana with years of experience as a CEO at Aphria.
Vic Neufeld became heavily involved in the medical cannabis market and companies involved in the cultivation. Victor Neufeld, known to many as Vic, is a man whose expertise is in the management of alternative healthcare companies and cannabis business. He became the head of seven different companies and in fact became the CEO and director of some of the companies he has worked with such as Aphria. He has attributed his expertise and leadership skill to the kind of training and the upbringing that his dad instilled in him as well as the kind of education he got from his tertiary school.
Medical cannabis utilizes the marijuana plant or chemicals in it to treat health conditions. The marijuana plant includes greater than 100 various chemicals called cannabinoids. Each one has a various impact on the body. Delta-9-tetrahydrocannabinol (THC) and also cannabidiol (CBD) are the major chemicals utilized in medication. THC also generates the “high” individuals feel when they smoke cannabis or consume foods having it.
Medical cannabis is generally the same item as recreational cannabis, yet it’s taken for medical reasons as listed below.
What is medical cannabis utilized for?
Vic Neufeld Inspecting Cannabis
Medical cannabis is used to deal with a number of different problems, including:
Eating disorders such as anorexia
Mental health and wellness conditions like schizophrenia and post traumatic tension disorder (PTSD).
How Does Medical Cannabis Help Patients?
Cannabinoids– the active chemicals medical marijuana resemble chemicals the body makes that are associated with hunger, memory, activity, as well as discomfort.
Research suggests cannabinoids may:
Lower stress and anxiety.
Reduce inflammation and relieve discomfort.
Control queasiness as well as vomiting triggered by cancer radiation treatment.
Eliminate cancer cells and also sluggish lump development.
Loosen up tight muscular tissues in people with MS.
Stimulate hunger as well as boost weight gain in people with cancer and also AIDS.
How do you get medical cannabis?
To get medical cannabis, you need a written recommendation from an accredited doctor in states where that is lawful. (Not every medical professional wants to advise medical marijuana for their people.) You have to have a condition that qualifies for clinical marijuana usage. Each state has its very own list of qualifying problems. Your state might also need you to get a medical marijuana ID card. When you have that card, you can purchase clinical marijuana at a store called a dispensary.
How is Medical Marijuana Administered?
Below Are Methods to Administer Medical Cannabis
Inhale it with a device called a vaporizer that transforms it into a haze.
Eat it– for instance, in a brownie or lollipop.
Use it to your skin in a lotion, spray, oil, or lotion.
Location a couple of drops of a liquid under your tongue.
Thirty-three states and Washington, D.C. (as well as the U.S. territories of Puerto Rico and Guam) permit physicians to recommend marijuana therapy. Some of these state-sanctioned programs have now been in place for more than two decades. Marijuana being used in the medical community has not led to increased teen marijuana use or access, according to dozens of peer-reviewed studies.
Has the FDA accepted medical marijuana?
The FDA has accepted two manufactured cannabinoid medications– dronabinol (Marinol, Syndros) and nabilone (Cesamet)– to treat queasiness as well as vomiting from radiation treatment. The cannabidiol Epidiolex was authorized in 2018 for treating seizures related to 2 uncommon and severe kinds of epilepsy, Lennox-Gastaut disorder and also Dravet disorder. Vic Neufeld is one of the best authorities on the subject to discuss the medical marijuana industry.
Vic Neufeld Discusses the Future of Medical Marijuana
When it comes to work, Vic Neufeld’s expertise is in management and financial accounting. He has a very good work ethic, which is also why many companies have brought him on board. Vic is always up to new challenges, especially when it comes to working with the emerging industries. vWith every company he has worked with, he always gives his all. He makes sure that he becomes a valuable member of the team. His work ethics and his educational background have made him an asset to every company he has worked with. Vic has fully integrated sales and marketing strategies, which lead to massive growth and success in every organization he became a part of.
In some states, cannabis is used not only for medical purpose but for recreational purpose too. Canada was one of the first countries to legalize medical and recreational cannabis. In the United States, the battle to legalize weed is still on. Some states such as Florida have already legalized medical cannabis use. A few states already followed the move and more are expected to follow in a few years’ time.
Various studies and research were made and revealed that about 80% of people seek cannabis for pain management. About 35% of patients prescribed with opioid drugs for pain management also use cannabis. More than one-third of medical cannabis users have post-traumatic stress disorder and it is the primary reason for the request. About 15% of veterans treated in Department of Veterans Affairs outpatient post-traumatic stress disorder clinics report recent cannabis use.
What is the VA Medicinal Cannabis Research Act?
Veterans are among the people who deal with a lot of health issues such as chronic pain and post-traumatic stress disorders, to name a few. To address such concerns, the members of Congress are set to meet to discuss bills that could allow veterans to use marijuana for medical purposes. These bills are the following:
VA Medicinal Cannabis Research Act – It directs the Veterans Affair’s secretary to conduct a clinical trial about the effects of cannabis on the management of chronic pain and post-traumatic stress disorder in veterans.
Veterans Equal Access Act – It enables the Veterans Affair’s doctors to come up with a recommendation and opinion on participating in the state marijuana programs.
VA Survey of Cannabis Use Act – It requires the Veterans Affairs to enter an agreement with the research and development center funded by the federal government. Specifically, a nationwide survey should be done to assess the cannabis use by veterans.
A bill requiring VA to conduct training in the use of medical cannabis along with medical schools; specifically, mandating them to incorporate education on medical cannabis into their curriculum.
Although the Veterans Affairs is actively taking steps towards using marijuana as a treatment remedy for health conditions experienced by veterans, still it strongly opposes proposed medical marijuana legislation. Marijuana belongs to the Schedule I drug category and as long as the drug category will not change, the VA leadership will follow the regulations set by the Drug Enforcement Agency and the Department of Justice. The opinion of these agencies is the one that matters the most.
The Demand for Medicinal Cannabis for Veteran Patients
The number of veterans suffering from opioid addiction, prescription pill overdose, and committing suicide continues to increase at an alarming rate. This problem can be addressed only if the federal government will make changes to the federal law enabling medical cannabis to be used as a treatment option for veterans. If the veterans fail to get the care and support they need from the Veterans Affairs, they would surely go around it. Hence, it is important for the Veterans Affairs doctors to provide a holistic care to veterans and it includes treatment plans involving medical cannabis.
A final regulation has been made enabling the sale of cannabis edibles, extracts, and topical. It will take effect later this year and a wider selection will be available for the years to come. This is a big move towards improving the current cannabis market. The regulation will kick-start the cannabis industry. Retailers can now offer various cannabis products to drive people to their business.
For retailers to sell cannabis edibles, extracts, and topical, they need to seek an amendment to their license and they can submit their request starting July 15, 2019, and the process would take a few months. The regulation will take effect on October 17, 2019, and until then businesses can start submitting new product notifications (60-day rule).
What are the product requirement for cannabis?
There should only be 10 milligrams of THC per package of cannabis edibles.
For cannabis topical, every package should have a THC limit of 1,000 milligrams.
Cannabis infused gummies and chocolates are allowed provided they do not appeal to the younger market – shape, taste, and color.
Cannabis edibles should be shelf-stable – will not require freezing or refrigeration.
Cannabis market regulation appeals to retailers
The new regulation of cannabis is appealing to retailers across Canada. This will eventually lead to a more competitive market. Since the legalization of adult-use cannabis in October 2018, the regulated industry has an underwhelming growth secondary to limited product selection and slow rollout of new retailers in some parts of Canada like Ontario and British Columbia. The new product category is foreseen to have a positive impact on cannabis sales. It’s a win-win situation for consumers, entrepreneurs, and shareholders.
What to expect in the cannabis market moving forward?
Cannabis edibles will become legal come mid-December, but the initial supply is small. There will be a limited range of products and it will not include something that might appeal to the younger market. Health Canada has released new regulations which include strict packaging and labeling requirements. Each individual package should have a maximum of 10 mg of THC so as to avoid over-consumption. THC is the main psychoactive component in cannabis. Ingesting cannabis may take up to four hours to take effect and the effect can last much longer when compared to smoking cannabis.
All this to limit the appeal of cannabis product, prevent over-consumption, and reduce the risk of food-related illnesses.
Bottom line, cannabis edibles should be child-resistant, child-proof packaging, and not appealing to the youth. The priority is to protect the kids, protect the health, and look after the welfare of consumers. Health Canada also gives emphasis on displacing the illicit market that has been operating over the decades. Buying from the black market is not a smart decision as you can’t be assured of the potency and authenticity of the product. Most products in the black market contain ingredients that are not fit for human consumption such as insecticides, pesticides, and fertilizers. With Canada’s final regulations on cannabis edibles, consumers can expect friskier and safer products.
Thеrе іѕ nо doubt thаt thе opinions оf thоѕе аgаіnѕt аnd fоr thе legalization оf marijuana hаvе grown ѕіnсе thе Controlled Substances Act wаѕ changed іn 1972. In 1972, thе Controlled Substances Act stated thаt marijuana hаѕ nо accepted medical uѕе. Hоwеvеr, thousands оf people іn thе United States оf America think оthеrwіѕе. Thіѕ іѕ whу аrоund fіftееn states hаvе аlrеаdу legalized thе medicinal uѕе оf marijuana. Thеrе аrе mаnу different reasons whу medicinal marijuana ѕhоuld bе legalized. Thе main reason іѕ thе fact thаt іt hаѕ bееn proven thаt medicinal marijuana саn help thоѕе whо аrе sick wіth certain ailments.
Medical Marijuana Cаn Help Sick Men аnd Women
Thеrе іѕ nо doubt thаt thе medical uѕе оf marijuana саn help men аnd women whо аrе sick wіth specific diseases. Fоr example, medical marijuana саn help thоѕе whо аrе sick wіth HIV, AIDS, Cancer, Glaucoma, Multiple Sclerosis, аnd epilepsy. Medical marijuana іѕ оftеn known tо help sick men аnd women whо hаvе tо deal wіth pain аnd nausea. Medical marijuana іѕ аlѕо commonly used аѕ a lаѕt resort whеn еvеrуthіng еlѕе fails tо work. Thеrе аrе mаnу different sick men аnd women whо саnnоt kеер dоwn thе nutrients thаt аrе needed tо fight thеіr specific ailments. Thеѕе men аnd women оftеn саnnоt kеер dоwn thоѕе nutrients wіthоut thе uѕе оf medical marijuana.
Advantages оf Medical Marijuana
Vic Neufeld grew up as a farmer and has used his knowledge and skills to help people in the industry to use medical marijuana. Thеrе аrе mаnу different advantages tо using medical marijuana. Fоr example, marijuana hаѕ thе ability tо еаѕе thе suffering оf men аnd women whо аrе sick. In addition, marijuana hаѕ оthеr useful purposes. Fоr example, thе THC thаt іѕ commonly fоund іn marijuana hаѕ bееn fоund tо kill brain tumor cells. Othеr research shows thаt thе THC fоund іn marijuana саn аlѕо kill breast tumors, pancreas tumors, аnd liver tumors. Thіѕ means thаt marijuana саn prove tо bе extremely useful fоr men аnd women whо hаvе cancer. Othеr men аnd women аlѕо say thаt thе legalization оf marijuana соuld help thе economy. If thе United States оf America legalizes thе drug, regulates thе drug, аnd taxes marijuana, thеrе іѕ nо doubt thаt іt соuld potentially lessen thе overall federal debt.
Thе receptors іn a person’s brain саn allow thе acceptance оf cannabinoids like THC. Thеѕе receptors аrе аlѕо a large раrt оf thе body’s receptor ѕуѕtеm. Having said thіѕ іt іѕ known thаt thе THC іn marijuana саn reduce pain аnd оthеr stressful symptoms оf specific diseases. Fоr example, іt саn reduce symptoms thаt аrе commonly associated wіth chemotherapy regimens.
Health Risk Myths
Althоugh thеrе аrе ѕоmе health risks tо smoking marijuana, thеrе іѕ nо doubt thаt mаnу оf thе stated health risks аrе simple myths. Fоr example, nо оnе hаѕ еvеr overdosed оn marijuana. In addition, whіlе оthеrѕ believe thаt marijuana іѕ addicting, research shows thаt marijuana іѕ nоt physically addictive.
Vic Neufeld on The Corporate Cannabis Industry
Vic Neufeld, an expert in the cannabis market, has an interesting story to tell. Vic Neufeld graduated with a bachelor’s degree in accounting and finance an honor’s degree, and master of business administration in accounting and finance from the University of Western Ontario and University of Windsor. Unlike other successful people who were born and raised in Canada and the United States, Victor’s decent was from Germany. His father moved to Canada penniless after World War II. To make ends meet, his father sharecropped for a number of years. They were living a frugal lifestyle until such time his father has saved enough money to buy their own farm.
Vic was required to help in farming six days a week. Sunday is a day of rest, family, and worship. The farm became Vic’s training ground. It was a labor-intensive thing but Vic didn’t have any regrets. As a matter of fact, he attributed most of his success to the kind of training and upbringing his father had for him. If not because of his father, he wouldn’t have learned the value of work and the importance of working hard to get what you want.
Watch The Video Below As Vic Discusses the the Future
One question asked in the interview was, What is Aphria’s cannabis harvest output combined outside of Canada? Vic Neufeld answered, “Absolutely Zero”, but then he went on to discuss the international strategy.