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Colorado Cannabis Sales Hit a New Low Not Seen Since February of 2017

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Colorado’s medicinal marijuana industry continued to deteriorate in November 2023, with sales amounting to just $14.5 million, an 11.5% fall from the same month the previous year.

 

This November was the state’s cannabis industry’s fourth straight month of declining sales, indicating a concerning trend. Colorado will likely witness significant declines in marijuana sales for the second year in a row.

 

The “beggar they neighbor” policy of out-of-state consumers crossing over state lines to get their medical or recreational marijuana seems to be dying. As access in the legal and illegal market opens up for consumers, less consumers are headed to early-mover states to get their cannabis.  States like California, Colorado, Massachusetts are seeing sales taper off as new neighboring states like New York, Connecticut, Maine, New Mexico, and Arizona ramp up production and retail locations.

 

Are we finally seeing an “unofficial” effecient market as the amount of cannabis produced on the legal and illicit market is keeping up with consumer demand?  Do people now all have a “plug” they know or can get to where the product is satisfactory for the price? Let’s dig into Colorado’s sales numbers since they have a long and robust history to look at and review.

 

By November 2023, total cannabis sales in Colorado had surpassed $1.4 billion for the year, yet the trajectory suggests that the final 2023 figures will fall well below the impressive $1.7 billion achieved in 2022. In November, combined revenue from both recreational and medical marijuana retailers amounted to $110.5 million, marking the lowest monthly total since February 2017.

 

Specifically, adult-use sales, constituting approximately 87% of total sales in the state, experienced a year-over-year decline of about 16%, totalling $95.8 million. Data released by the Colorado Department of Revenue on Thursday highlighted this concerning trend.

 

Consequently, projections indicate that Colorado’s marijuana sales for the entire year of 2023 are expected to reach approximately $1.5 billion, reflecting a nearly 13% decrease compared to the figures from 2022. Colorado cannabis sales continued to slide in November 2023 Medical marijuana sales in November dipped to $14.5 million, down about 11.5% year-over-year.

 

November marked the fourth consecutive month of sales decreases in Colorado’s cannabis market.

 

Colorado also had their worst 4/20 cannabis sales numbers in over 5 years.

 

It appears the state is headed for its second straight year of significant declines in marijuana sales.

 

Total 2023 cannabis sales in Colorado through November eclipsed $1.4 billion but are on pace to fall well short of the state’s $1.7 billion haul in 2022. as recreational and medical marijuana retailers generated $110.5 million in revenue, the lowest monthly total since February 2017.

 

Adult-use sales – which accounted for roughly 87% of total sales in the state – fell to $95.8 million, down about 16% year-over-year, according to data released Thursday by the Colorado Department of Revenue.

 

Colorado’s 2023 marijuana sales are on pace to hit about $1.5 billion, which would be down nearly 13% from 2022.

 

A Closer Look at the 4-Month Slump

 

Colorado’s cannabis industry is facing a significant challenge as it contends with a four-month consecutive decline in sales, prompting a closer examination of the underlying factors contributing to this sustained downturn. One critical aspect to analyze is the potential economic and regulatory landscape influencing consumer behavior. Changes in laws, taxation policies, or broader economic conditions may be impacting the purchasing decisions of both medical and recreational marijuana consumers. Additionally, a detailed exploration of market-specific dynamics, such as the emergence of new competitors or shifts in consumer preferences, can offer valuable insights into the reasons behind this prolonged slump.

 

The persistent decline also raises questions about the impact on businesses operating within the cannabis sector and the overall employment landscape. As sales continue to slide, businesses may be forced to make difficult decisions regarding staffing levels and operational strategies. Investigating how companies adapt to these challenging circumstances provides a nuanced understanding of the industry’s resilience and adaptability. Furthermore, examining the response from regulatory bodies and the government is crucial, as policies and support measures may play a pivotal role in mitigating the adverse effects of the sales downturn, fostering an environment conducive to recovery and growth.

 

Amidst the ongoing slump, an exploration of shifting consumer behaviors becomes imperative to comprehend the broader market dynamics. Whether consumers are altering their preferences, exploring alternative products, or reacting to external economic uncertainties, understanding these behavioral shifts is vital for predicting future trends. Unraveling the complexities of this four-month decline involves a comprehensive analysis of economic, regulatory, and consumer-related factors, providing stakeholders with actionable insights to navigate the current challenges and position themselves strategically for the future.

 

Assessing the Implications for the Cannabis Market

 

The examination of Colorado’s cannabis sales in 2023 in comparison to preceding years highlights a challenging landscape within the state’s marijuana market. The significant disparity between the current revenue figures and the remarkable $1.7 billion achieved in 2022 underscores the gravity of the ongoing decline. A thorough analysis of this trajectory is imperative to discern patterns, anomalies, and underlying factors contributing to the market’s downturn, providing crucial context for evaluating the industry’s overall health and adaptability.

 

Assessing the implications of the sales decline extends beyond immediate financial concerns, delving into the potential long-term effects on Colorado’s marijuana market. This sustained decrease raises questions about its impact on investor confidence, business strategies, and the broader economic contributions of the cannabis sector to the state. Stakeholders, including policymakers, businesses, and investors, need to carefully consider these long-term implications to make informed decisions about their continued involvement and support for the industry.

 

Exploring how businesses within the cannabis market are adapting to the challenging conditions is essential in understanding the industry’s resilience. An analysis of potential shifts in focus, such as diversification of product offerings or exploration of new markets, provides insights into adaptive strategies employed by businesses. Understanding these responses contributes to a broader comprehension of the industry’s capacity to navigate evolving market dynamics, showcasing the creativity and flexibility of businesses within Colorado’s cannabis sector.

 

Examining the 16% Drop in Adult-Use Sales

 

In November 2023, Colorado’s recreational cannabis sector, representing 87% of total sales, experienced a substantial setback with a pronounced 16% year-over-year decline in sales, totalling $95.8 million. The implications of this downturn, highlighted by data from the Colorado Department of Revenue, necessitate a thorough investigation into the factors influencing this specific market segment and the potential ramifications for the broader cannabis industry.

 

The sharp decline in adult-use sales directly impacts the overall revenue landscape within Colorado’s cannabis market, accentuating the sector’s significance. The reasons behind the 16% drop involve a nuanced exploration of consumer preferences and regulatory dynamics. Changes in what consumers seek in recreational cannabis products, coupled with shifts in regulatory frameworks, may be contributing factors. Understanding these elements not only offers insights into the present market dynamics but also enables anticipation of potential shifts in consumer behavior that could shape the industry’s trajectory in the future. Amidst these challenges, assessing strategies for recovery becomes essential, as businesses within the recreational cannabis sector may need to reassess marketing approaches, diversify product offerings, or explore innovative avenues to revive consumer interest. This exploration not only sheds light on the resilience of businesses operating in the recreational segment but also underscores their adaptive capacity to navigate and recover from evolving market conditions.

 

Bottom Line

 

Colorado’s cannabis industry witnessed a concerning downturn in November 2023, with medicinal marijuana sales hitting a nearly 7-year low at just $14.5 million, marking an 11.5% decline from the previous year. The four-month consecutive slump in sales raises alarm, prompting an in-depth examination of economic, regulatory, and consumer factors contributing to the decline. Despite total cannabis sales surpassing $1.4 billion by November, projections suggest a significant drop compared to the impressive $1.7 billion achieved in 2022. This challenging landscape prompts a closer look at the long-term implications on investor confidence, business strategies, and the industry’s economic contributions, emphasizing the need for adaptive measures and strategic recovery strategies within the cannabis sector.

 

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Spray CBD to Control Mosquitoes Instead of Pesticides?

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CBD For Pest Control?? New Study Shows CBD Is Effective In Killing Larvae Of Yellow Fever Mosquitoes

 

Dengue. Chikungunya. Zika virus. Yellow fever. West Nile disease.

 

If you know what these words mean, you know how much fear these words can incite. All of these words are the names of mosquito-borne diseases that are so dangerous they could be fatal, without early treatment and diagnosis. They can all be transmitted by the yellow fever mosquito, also known as the Aedes aegypti.

 

Yellow fever mosquitoes can live in any tropical or subtropical, as well as some temperate climates near human residences. There are many ways humans can inhibit the proliferation of these mosquitoes, particularly targeting a reduction or total elimination of eggs and larvae in human dwellings. However, it’s just as important to wear insect repellent too.

 

Unfortunately, we are yet to find a way to completely eliminate yellow fever mosquitoes. But this may be something that cannabis can help with too. Yes,  you read that right: weed!


Cannabidiol (CBD) was recently featured in a publication called Insects documenting a study where hemp-derived CBD was found to be effective in killing yellow fever mosquito larvae. One of these two species studied was resistant to insecticides, yet, the researchers found that using pulverized and air-dried hemp leaves could be used to create a potent methanol concentration. The methanol was eventually removed in order to make it easier to analyze, and it was then fed to the mosquito larvae with its food. Then, it was discovered that the solution could kill these insects in 48 hours.

 

Erick Martinez Rodriguez, the study’s lead author and an entomology graduate student, told Ohio State News: “Mosquitoes are one of the deadliest animals in the world, mainly because as adults they serve as vectors of disease.”

“If you compare the amount of hemp extract needed to kill 50% of the population to other synthetic conventional insecticides, it is on the high side, but when you compare it side-by-side to other natural extracts we have tested in our lab, only a relatively low amount is required to produce high mortality values in larvae,” Rodriguez disclosed in the interview.

 

It’s also good to note that hemp is a sustainable crop, so compared to other plant-based insecticides, it could be a good choice and produced economically, adds Rodriguez.

 

“CBD is a compound that appears to be safe for people and our companion animals to ingest,” explains Peter Piermarini, the study’s co-author and an entomology professor at Ohio State University. “It’ll be interesting to learn more about how CBD interacts with various proteins in mammals and insects to understand why it’s safe for people but not insects,” he added.

 

Other Studies

 

This isn’t the first time that cannabis has been studied for its potential applications as an insecticide. According to a recent scientific review from researchers at the Universidade do Sul de Santa Catarina together with investigators at the Universidade Estadual de Sao Paolo in Brazil analyzed the impacts of cannabis on the eggs, larvae, pupae, and even adult vector insects including 4 mosquito species and one type of flea using existing studies.


The researchers said the results revealed the potential insecticidal effects of cannabis in the form of nanoemulsions, extracts, and essential oils. “Different cannabis formulations showed an insecticidal effect on the developmental stages of five species of medically important insects,” read the report. “The larval phase was  the most studied; it was approached in all the articles reviews and taking into account all the Cannabis formulation formats,” the authors said.

 

The findings further cement the fact that cannabis should be explored much further as a natural, safe insecticide especially for targeting dangerous insects that can cause life-threatening disease to humans.

“However, we ought to clarify that despite the reported Cannabis insecticidal action on this insect vectors’ stage of development, there are still few studies that have approached the effect of this plant on the vectors’ larval stage that would allow an effective conclusion considering each formulation,” they wrote.

 

Meanwhile, researchers have also looked into the potential use of cannabis as a pesticide. Cornell University investigators from the School of Integrative Plant Science (Cornell AgriTech’s College of Agriculture and Life Sciences or CALS)  discovered that a high concentration of cannabinoids from hemp leaves may have deterred insects chewing it, compared to other leaves that had less cannabinoids.

 

According to Larry Smart, a CALS professor and plant breeder, there’s a great lack of studies looking into why cannabis plants evolved to contain over 100 unique cannabinoids. “It has been speculated that they are defensive compounds, because they primarily accumulate in the female flowers to protect seeds, which is a fairly common concept in plants,” Smart explained. “But no one has put together a comprehensive set of experimental results to show a direct relationship between the accumulation of these cannabinoids and their harmful effects on insects,” he said.

 

When Cornell University began their hemp breeding program in 2017, that’s when the researchers observed a strange phenomenon: hemp from Ukraine, which didn’t produce cannabinoids, were far more vulnerable to being eaten by Japanese beetles. However, other hemp varieties that did produce cannabinoids didn’t have the same results. “In the absence of cannabinoids, we saw heavy insect damage, and in the presence of cannabinoids, we saw much less damage,” Smart said.

 

Conclusion


While we do need more studies on the subject, it’s clear that this is an angle worth exploring. Cannabis and hemp in general have shown to be effective in killing pests, especially the larvae of mosquitoes that transmit potentially fatal diseases. Aside from being effective, cannabis is also a much more cost-effective and environmentally-friendly solution.

 

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Thinking about Suicide, Smoke Some Weed

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The conversation surrounding medical cannabis has gained significant momentum in recent years, especially as more jurisdictions legalize its use for therapeutic purposes. A recent study has added a compelling dimension to this dialogue, revealing that patients who utilize medical cannabis are less likely to experience suicidal thoughts. This finding is particularly pertinent given the rising rates of mental health issues and suicidality across various demographics. This article will explore the study’s methodology, findings, implications for mental health treatment, and the broader context of cannabis use in psychiatric care.

 

Overview of the Study

 

 Research Design

 

The study was conducted by a team of researchers interested in understanding the mental health outcomes associated with medical cannabis use. They focused on a cohort of patients who had been prescribed cannabis-based medicinal products (CBMPs) for various medical conditions, including chronic pain, anxiety disorders, and post-traumatic stress disorder (PTSD). The researchers employed a longitudinal design, allowing them to track changes in mental health status over time.

 

 Participants

 

The study involved a diverse group of participants, including adults from various age groups, genders, and backgrounds. All participants had a documented history of mental health issues and were seeking alternative treatments due to inadequate responses to conventional therapies. The sample size included 500 patients who provided informed consent to participate in the research.

 

 Data Collection

 

Data were collected through self-reported questionnaires administered at multiple points: before starting medical cannabis treatment and at regular intervals thereafter (e.g., one month, three months, and six months post-initiation). The questionnaires assessed various aspects of mental health, including:

 

  1. Suicidal Ideation: Participants rated the frequency and intensity of any suicidal thoughts they experienced.

  2. Depression and Anxiety Symptoms: Standardized scales were used to measure levels of depression and anxiety.

  3. Quality of Life: Participants reported on their overall quality of life and well-being.

 

Reduction in Suicidal Thoughts

 

One of the most significant findings from the study was that patients who began using medical cannabis reported a marked reduction in suicidal ideation. Specifically:

 

 

  • Post-Treatment Outcomes: Within three months of initiating cannabis treatment, this figure dropped to around 10%. By six months, only about 5% reported ongoing suicidal thoughts.

 

This substantial decline suggests that medical cannabis may have a protective effect against suicidality for certain patients.

 

 Improvement in Mental Health Symptoms

 

In addition to reduced suicidal thoughts, many participants reported improvements in other mental health symptoms:

 

  1. Anxiety Reduction: Around 70% of participants noted decreased anxiety levels after starting medical cannabis treatment.

  2. Depression Alleviation: Approximately 65% reported an improvement in depressive symptoms. These findings align with previous research suggesting that cannabinoids may help alleviate symptoms associated with mood disorders.

 

Demographic Insights

 

The study also explored how demographic factors influenced outcomes:

 

  1. Age Variations: Younger adults (ages 18-30) showed more significant reductions in suicidal ideation compared to older adults. This may suggest that younger individuals are more responsive to the therapeutic effects of cannabis.

  2. Gender Differences: Female participants reported higher initial levels of suicidal thoughts but experienced similar reductions as their male counterparts following treatment.

 

Contextualizing the Findings

 

The Debate on Cannabis and Mental Health

 

The relationship between cannabis use and mental health has been complex and often contentious. Historically, many studies have highlighted potential risks associated with recreational cannabis use, including increased rates of anxiety, depression, and psychosis. However, this new research emphasizes the potential benefits of medicinal cannabis for patients with severe mental health issues.

 

 Recreational vs. Medicinal Use

 

It is essential to differentiate between recreational and medicinal cannabis use:

 

  • Recreational Use Risks: Research has indicated that recreational users may be at higher risk for developing mental health issues. For instance, a study published in *JAMA Psychiatry* found that frequent recreational cannabis users were more likely to report suicidal thoughts compared to non-users.

 

  • Medicinal Use Benefits: In contrast, medicinal cannabis is often prescribed specifically for its therapeutic properties. The cannabinoids found in medical products—such as THC (tetrahydrocannabinol) and CBD (cannabidiol)—have been shown to have anxiolytic (anxiety-reducing), antidepressant, and neuroprotective effects.

 

 Mechanisms Behind the Effects

 

While this study provides compelling evidence regarding the benefits of medical cannabis for reducing suicidal thoughts, it also raises questions about the underlying mechanisms at play:

 

  • Endocannabinoid System: The endocannabinoid system (ECS) plays a crucial role in regulating mood, stress responses, and emotional processing. Cannabinoids interact with ECS receptors (CB1 and CB2), potentially modulating neurotransmitter release related to mood regulation.

 

 

  • Pain Management: Chronic pain is often linked with depression and suicidal ideation. By alleviating pain symptoms through medical cannabis use, patients may experience an overall improvement in their quality of life and mental health status.

 

 Implications for Treatment

 

The findings from this study have several important implications for clinical practice regarding mental health treatment:

 

Integrating Medical Cannabis into Treatment Plans

 

Given the promising results regarding reduced suicidality among patients using medical cannabis:

 

 

  • Personalized Treatment Approaches: As with any treatment modality, it is crucial for healthcare providers to tailor approaches based on individual patient needs. Medical history, current medications, and personal preferences should all be considered when recommending cannabis as a treatment option.

 

 Need for Further Research

 

While these findings are encouraging, they also underscore the necessity for further research:

 

 

 

Addressing Concerns About Cannabis Use

 

Despite the positive findings regarding medical cannabis use in reducing suicidality, it is essential to address potential concerns:

 

 

While medicinal use can offer benefits, there is still a risk associated with misuse or dependency on cannabis products:

 

 

 

Stigma Surrounding Cannabis Use

Despite growing acceptance of medical cannabis, stigma remains a barrier for many individuals seeking treatment:

  • Concealment of Use: Many patients feel compelled to hide their cannabis use due to fear of judgment, leading to a lack of open dialogue with healthcare providers, which can hinder effective treatment.

 

  • Misconceptions and Misinformation: Stigma is often fueled by misconceptions about cannabis, including its association with addiction and recreational use, which can deter patients from seeking necessary medical care.

 

  • mpact on Mental Health: The stigma associated with cannabis use can contribute to negative mental health outcomes, such as anxiety and depression, as individuals grapple with societal perceptions and internalized shame.

 

Healthcare providers should foster open conversations about medical cannabis with their patients. Addressing concerns directly can help reduce stigma and encourage individuals to seek appropriate care.

 

Conclusion

 

A recent study indicates that patients using medical cannabis experience a significant reduction in suicidal thoughts, underscoring its potential therapeutic benefits amid rising mental health issues. Understanding alternative treatment options is increasingly vital, and while further research is needed to explore the mechanisms and long-term effects, this study supports considering medical cannabis as a viable treatment for severe mental health conditions. By fostering open communication about treatment options and promoting responsible use practices, healthcare providers can better support patients. As societal attitudes toward cannabis evolve alongside scientific understanding, prioritizing comprehensive care for those facing mental health challenges is essential, recognizing medical cannabis’s potential to alleviate suffering and improve well-being.

 

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Parenting in the New Cannabis Reality

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Teenagers Whose Parents Are Not Against Cannabis Use Four Times More Likely to Take Drug Says New Study, but Is That a Bad Thing?

 

Introduction

 

The landscape of adolescent substance use is continually evolving, particularly with the increasing normalization and legalization of cannabis across various regions. A recent study conducted by researchers at Washington State University has shed light on a interesting trend: teenagers whose parents are not opposed to cannabis use are four times more likely to experiment with the drug. This article delves into the findings of the study, the implications for parents and society, and the broader context of adolescent substance use.

 

Research Overview

 

The study, published in the *Journal of Child and Family Studies*, involved a sample of 276 adolescents aged between 13 and 17 years. The researchers aimed to explore the relationship between parental attitudes towards cannabis and adolescent usage patterns. The participants were asked about their perceptions of cannabis, their parents’ views on drug use, and their own experiences with cannabis.

 

 Parental Influence

 

One of the most striking findings was that teenagers who perceived their parents as accepting or neutral towards cannabis were significantly more likely to have tried the drug themselves. Specifically, those whose parents did not express strong opposition to cannabis use were four times more likely to report having used it. This correlation suggests that parental attitudes play a crucial role in shaping adolescent behavior regarding drug use, but controlling a narrative in their kids reality may be more important than pretending you can stop certain behaviors.

 

Relationship Dynamics

 

The study also examined the quality of relationships between parents and their children. Adolescents who reported close relationships with their parents especially those whose parents used cannabis were more likely to view the drug favorably. This finding raises important questions about how parental modeling and communication influence adolescent decision-making.

 

The Broader Context of Cannabis Use Among Teenagers

 

 

As cannabis becomes legalized in more states and countries, its perception as a harmful substance is shifting. Many young people view cannabis as less dangerous than other drugs, a belief that is often reinforced by media portrayals and social acceptance. This normalization can lead to increased experimentation among teenagers, particularly if they feel that their parents are indifferent or supportive of such behaviors.

 

 

According to the National Institute on Drug Abuse (NIDA), cannabis remains one of the most commonly used illicit drugs among adolescents in the United States. Recent surveys indicate that approximately 35% of high school seniors reported using cannabis in the past year. The increasing accessibility and changing legal status of cannabis contribute to these rising numbers.

 

Implications for Parents

 

 

Given the findings of this study, it is evident that open communication between parents and teenagers is vital. Parents should engage in discussions about drug use, including cannabis, to establish clear expectations and boundaries. By fostering an environment where teens feel comfortable discussing their thoughts and experiences, parents can help mitigate risks associated with substance use.

 

 

Parents must articulate their views on cannabis clearly. While some may feel inclined to adopt a permissive attitude due to changing societal norms, it is essential to consider the potential consequences for their children. Setting firm boundaries can help adolescents navigate peer pressure and make informed decisions about drug use.

 

 

Parents serve as role models for their children. If they engage in healthy behaviors and demonstrate responsible decision-making regarding substances, their children are more likely to adopt similar attitudes. Conversely, if parents openly use cannabis or express ambivalence towards its use, they may inadvertently encourage their children to experiment with it.

 

 The Role of Education

 

 

Educational institutions play a crucial role in addressing substance use among adolescents. Comprehensive drug education programs can provide students with accurate information about the risks associated with cannabis use and equip them with skills to resist peer pressure. Schools should collaborate with parents to ensure consistent messaging regarding substance use.

 

 

Community organizations can also contribute by offering resources and support for families navigating discussions about drug use. Workshops, seminars, and informational sessions can empower parents with knowledge and strategies to engage their children effectively.

 

The Impact of Legalization on Adolescent Use

 

 

The legalization of cannabis for recreational use has sparked debates about its impact on public health, particularly concerning youth. While proponents argue that legalization allows for regulation and education, opponents warn that it may lead to increased accessibility for minors.

 

 

Studies examining states that have legalized cannabis indicate mixed results regarding adolescent usage rates. Some research suggests that legalization does not significantly increase teen usage rates; however, other studies highlight a correlation between increased availability and higher rates of experimentation among youth.

 

 Addressing Misconceptions About Cannabis Use

 

Perceptions vs. Reality

 

Many teenagers perceive cannabis as a relatively harmless substance compared to alcohol or tobacco. This misconception can lead them to underestimate the potential risks associated with its use, including impaired cognitive function, mental health issues, and addiction.

 

The Importance of Accurate Information

 

Parents should strive to provide accurate information about cannabis, including its effects on developing brains and potential long-term consequences. By addressing misconceptions directly, parents can help their children make informed choices about substance use.

 

Conclusion

 

The Washington State University study emphasizes the strong impact of parental attitudes on adolescent cannabis use. As societal norms shift, it’s essential for parents to have open discussions with their children about drug use while setting clear boundaries and modeling healthy behaviors. By creating an environment of communication and understanding, parents can reduce the risks associated with adolescent substance use. Additionally, schools and community organizations should collaborate to offer resources that help families navigate these challenges.As cannabis becomes more normalized, prioritizing education, communication, and responsible parenting is crucial for safeguarding future generations’ well-being

 

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