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ITAL Cannabis Investment Report | December 2017
Cannabinoid a class of chemical compounds present in cannabis that act on cannabinoid receptors in
cells in the human nervous and immune systems
Cannabinol (CBN) a cannabinoid derived from THC degradation; shown to produce some psycho-
active effects and believed to have several medicinal benefits, including analgesic, antibacterial,
anticonvulsive, anti-inflammatory and anti-insomnia
Cannabis a genus of flowering plant consumed for therapeutic, medicinal, social or spiritual purposes
and used to produce goods such as rope, paper, clothing and soap; includes three principal cannabis
species: Cannabis sativa, Cannabis indica and Cannabis ruderalis
CBC See Cannabichromene
CBD See Cannabidiol
CBDA See Cannabidiolic acid
CBG See Cannabigerol
CBGA See Cannabigerolic acid
CBN See Cannabinol
CDSA Canada’s Controlled Drugs and Substances Act
Chemovar a plant variety characterized by its chemical content
Clone an asexually reproduced cannabis plant genetically identical to the plant from which it was
produced
CND Commission on Narcotic Drugs, a subsidiary body of the United Nation’s ECOSOC that
assists the ECOSOC in supervising the application of international drug control treaties
Cole Memo a memorandum published by the DOJ that provides guidance to DOJ attorneys and
federal law enforcement about prosecuting cannabis-related federal offenses
Concentrates a category of consumer cannabis products; any number of concentrated forms of the
active compounds in cannabis; typically an oil or waxlike substance
Conventions three international treaties adopted through the United Nations between 1961 and
1988 that address international regulation of cannabis, cannabis derivatives and many other narcotic,
psychotropic and similar substances (The Single Convention on Narcotic Drugs of 1961; The
Convention on Psychotropic Substances of 1971; and The United Nations Convention Against
Illicit Traffic in Narcotic Drugs and Psychotropic Substances of 1988)
Crumble a form of wax concentrate
CSA Controlled Substances Act
CSE Canadian Securities Exchange
Curing a phase of the cannabis cultivation process during which dried cannabis flower undergoes
controlled fermentation to develop the flower’s aroma, taste and cannabinoid composition
Dab a potent concentrated form of the psychoactive cannabinoid THC
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