Sep 9, 2021
Ralf Kaiser Troublemaker at Greenlight Payments
Play • 32 min

In this podcast, Ralf Kaiser CEO of Integrated Compliance Solutions and their subsidiary Greenlight Payments will provide a different perspective on hemp and cannabis – the business side, especially as regards helping cannabis companies succeed in full compliance with the law.

Hemp cultivation for fibre was recorded in China as early as 2800 years ago and was practiced in the Mediterranean countries of Europe early in the Christian era, spreading throughout the rest of Europe during the Middle Ages.

 The first “businesses” cultivating hemp were in China as early as 2800 years ago. The fibers from the plant were worked into clothing, baskets, rope, paper, and a medicine. The seeds were a food source. 

 Cannabis was criminalized in various countries beginning in the 19th century. The U.S. first restricted the sale of cannabis in 1906 in Washington DC. In 1970, federal law has classified cannabis as a Schedule I drug under the Controlled Substances Act. 

 "To date, a total of 47 states have reformed their cannabis laws, with 36 states, the District of Columbia, Puerto Rico, and Guam now permitting legal access to cannabis for medical purposes; and 15 states, the District of Columbia, and the Commonwealth of the Northern Mariana Islands having adopted laws legalizing cannabis for adult use. Legal cannabis (marijuana) sales are projected to reach $23 billion by 2022."   Source

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