Back by popular demand, the wonderful Bo Money! “Why have we invited her back?” You may ask. Well, other than the fact that she’s intelligent, interesting and all and all a fantastic guest, she’s also willing to tell Dr. Frank that he talks too much! We value that honesty and can’t wait to see the pair together again.
We caught up with Bo before the show to talk about the marijuana business and future of legalising cannabis.
Could you give us some advice on how to prevent the cannabis industry from big business and monopolization?
Well, I don’t know if we really can at the end of the day. We can do things to try to make it less “invasive”. I sat on the board of the LA Cannabis Task Force, which is chaired by attorney Ariel Clark. We fight for the right to keep the craft growers around. To make sure that we are allowed to grow medicine for patients, as well as keep our dispensaries open. We like to make sure that the independents are the main cultivators, rather than big business.
But that’s going to take all of us to come together as a community and work with city councils, the state and so on. The county and city in some ways trump the state, so we really have to work together with the politicians to create laws that make sense. So that’s where it’s really important to vote and put the right representatives on the local level for us. It’s a lot of work.
Due to the restrictions on home growing in many legalized marijuana states, some people have felt that we have moved backwards in many ways. Do you agree with this sentiment?
Well, I voted “No” on Proposition 64 in California, because it just wasn’t a good deal. It put more restrictions on everyone, as far as where they can medicate and what they can grow. That’s a huge problem for patients, especially. With recreational coming into play, we’re talking about – with the taxes and everything else – cannabis potentially becoming more expensive.
If we’re not allowed to grow as patients, that can pose a huge problem for us. Overall, the Prop 64 was a bad deal, because it also sets up situations where there’s going to be more arrests as well due to the restrictions. Just like Colorado – they went through the same thing. The percentages went up since legalization as far as the arrest rate goes.
I’m also interested in your topical That Glass Jar. How long did it take for you to develop and what were the main obstacles in getting it to market?
It took me about 2 days! I developed it because I had a girlfriend with MRSA. She did the conventional treatment – 54 days, 3 surgeries – and nothing worked. She was given 21 days to live.
She researched it, so she actually came to me, because she knew I worked with oils and cancer patients. I’d never done a topical, so I didn’t know it would even work. I was scared, because I was, you know, responsible and I didn’t want to be that.
But anyway, she said “I’ve been researching this and found that cannabis could potentially work for MRSA”. So I went, “Well, I didn’t know about that; and also, I’ve never worked with MRSA.” So I started to research it myself, and I found that cannabis has extracts that can kill MRSA, as it contains natural antibacterials and antibiotics. So, we just infused some cannabis into a cream and tried it out.
But I think my biggest obstacles were over the past year. I spent a lot of time with the legalities of the topical. We were just recently told that we couldn’t list CBD as one of our ingredients or mention it on our labels. Even though CBD is in my cream, I can’t put it as an ingredient. I can’t use the word “CBD” in my labelling, as the government owns the patent to it.
We also have DEA issues, as they made hemp a Schedule I drug. So it’s those kind of things that become the biggest obstacles, and there are government issues when you work with CBD. I’m still in a grey area because of this.
So, let me get this straight … The government owns the patent for CBD, but it’s a Schedule I drug?
Yeah. Isn’t that crazy? But you know, they’re just setting it up so, when it does go fully legal, they control everything. That’s what it is. Home growers are already infringing on the pharmaceutical industry.
Any advice for those wanting to get into the cannabis industry?
I mean, I’m all for it. My thing is that we’re eventually going to work out the kinks and be OK, but for now it’s just going through the growing pains of legalization. I’m not gonna say, “Don’t do it.” I will say “Stay in compliance.” That’s key. There are lots of companies working in that grey area, and they just haven’t been caught yet. Eventually, they’re going to start cracking down on these types of businesses.
I have two friends who are pretty major, and they’ve been hit by the DEA. The bigger you become, the larger you appear on their radar. That’s when these things become an issue. So the biggest thing is to stay in compliance so that you don’t have to deal with these issues.
As per usual, our conversation went on for a good deal of time longer. We chatted about NFL superstars, monopolies, the effect of the justice system on people of color, the future of cannabis and a lot more.
If you want to hear more from Bo and her experiences in the world of cannabis, tune into Elevate the Conversation at 9 pm on Thursday 27th April, UBN Radio or Facebook Live. She has quite the story to tell, and we want everyone to hear it.