FLASH: The House is likely to pass the bill, but there is a less-than-25% chance cannabis legislation becomes law. Wall Street analysts are keeping a close watch on a House committee vote scheduled Tuesday on a bill to get cannabis industry cash off the streets and into bank accounts. Called the ‘SAFE Act,’ the measure […]
FLASH: Hawaii says “aloha” to out of state patients, a Nebraska initiative campaign is getting underway, New Mexico expands grower plant limits, and more. Georgia Georgia House Approves CBD Access Bill. The House on Tuesday approved HB 324, which would allow for the sale of CBD cannabis oil to patients through dispensaries. The state legalized CBD […]
FLASH: Blacks and Latinos hesitate to join marijuana industry As marijuana becomes legal in more parts of the country, employers are finding a significant lack of participation from demographics who say they may have been (were) unfairly targeted by police during the war on drugs. Studies suggest Blacks and Latinos are at least 4X as […]
It is busy in state legislatures, the Michigan Court of Appeals rules against workers’ rights, and more. Arizona Arizona House Committee Approves Bill to Protect Edibles, Extracts. The House Committee on Public Safety voted 5-2 Wednesday to approve HB 2149. The measure would specify that the 2010 voter-approved medical marijuana law also includes any products made […]
FLASH: Cannabis Linked to Depression and Suicide in Young Adults Teens and young adults who use marijuana/cannabis are at increased risk of depression and suicidal behavior, according to a new study released by a team of researchers at McGill University in Montreal, Quebec. The study is part of an awareness campaign started by the Quebec […]
Now, not only are the non-essentials (NE) non-essential they can be stoned doing nothing! The furloughed NE federal workers who cannot pay for medical marijuana during the government shutdown can get it for free from America’s pot dealers. BudTrader a massive marijuana-trading marketplace that allows users to buy and sell grow supplies, cannabis, and paraphernalia, declared […]
$BUD, $TAP, $STZ, $TLRY The brewers of Budweiser, Coors and other large-scale brewers are placing their bets on cannabis as a way to fight saturated markets and shifting consumer trends. For years, the industry’s largest players struggled with stagnating markets and shifting consumer tastes. Anheuser-Busch InBev, Molson Coors and Corona brewer Constellation Brands (NYSE:STZ) have […]
In California Governor Gavin Newsom’s new budget is a nymber that says a lot about the Golden State’s legal marijuana market. Now, California is expecting a lot less cash from cannabis taxes. The Democrat’s proposed spending plan, released Thursday, projects the state will bank $355-M in marijuana excise taxes by the end of June. That […]
The battle over medical marijuana in Utah continues, and the battle over medical marijuana in Florida may be ending, and more. Florida Florida Governor-Elect to End Former Governor’s Court Battles Over Medical Marijuana. Incoming Gov. Ron DeSantis (R) is parting ways with his predecessor, Rick Scott (R), when it comes to medical marijuana. A spokesman […]
Hemp getting the OK nod from the federal government $IDCN, $DMAN A provision of the farm bill that received final approval in Congress last Wednesday removes hemp from the list of federally controlled substances and treats the low-THC version of the cannabis plant like any other agricultural crop. THC is the cannabis compound that gives […]
Medical Marijuana Update Michigan’s unlicensed dispensaries get a break, New Jersey is set to expand its medical marijuana program, and more. Michigan Michigan Unlicensed Dispensaries Can Stay Open Until Year’s End. Medical marijuana dispensaries will be able to continue operating until at least December 31 as they await state licenses, the Bureau of Medical Marijuana […]
America’s Pet Owners Seek Cannabis for Their Pets Pet owners claim cannabis-based extracts, ointments and edibles lead to drastic improvements in pets once debilitated by arthritis, seizures, anxiety and other ailments Federal and state laws can make it difficult for veterinarians to access cannabis products for pets, and many are reluctant to discuss it with […]
Medical Marijuana Update A Pennsylvania patient challenges the federal gun ban, an Ohio court has thrown out the state’s law requiring racial justice in licensing, and more. Indiana Indiana Poll Finds Strong Support for Medical Marijuana. Even in red-state Indiana, they like their medical marijuana, a new poll finds. The poll from Ball State University […]
Indocan Resources (OTCPNK:IDCN) Licensed to Grow Industrial Hemp $IDCN Indocan received a “Fit For Commerce Certificate” from the Wisconsin Department of Agriculture on its harvested hemp crop. Potency test results were extremely positive. An independent test agency reported that Indocan’s hemp tested among the highest CBD levels in Southern Wisconsin. Due to positive potency test […]
Medical Marijuana Update There is a push in Congress to provide protections for veterans who want to use medical marijuana, and more. National Bipartisan Lawmaker Group Files Three Veterans’ Medical Marijuana Bills. A bipartisan group of legislators met last Wednesday announced plans to file a trio of bills aimed at making the Department of Veterans […]
Michigan’s Goal: Build a Lucrative Marijuana Industry from the Ground Up Michigan’s is planning to build a lucrative cannabis industry from the ‘ground up’ with passage of a ballot initiative to legalize recreational marijuana on Tuesday. It could do so by serving as a model for the rest of the Midwest, and possibly beyond. Michigan […]
America’s Pregnant Women are Smoking More Marijuana As alcohol and tobacco use continue to decline among pregnant women in the US, a new study offers fresh evidence that more American mothers are using cannabis during pregnancy. Other recent studies have also documented a rise in cannabis use among pregnant women of all ages, with some […]
A Successful Regulated Market Growing Up Around Cannabis $AMZN, $TAP, $NKE, $TLRY, $CGC, $STZ Michigan’s vote Tuesday to become the 10th US state where the recreational use of cannabis is legal is adding more momentum to a trend that some investors say is inevitable: that marijuana will become legal nationwide within the next 5 years. […]
Medical Marijuana Update It’s been a whipsaw week for Michigan’s unlicensed dispensaries, Oklahoma sees its 1st legal medical marijuana sales, and more. Michigan Michigan Regulators Say More Than 200 Unlicensed Michigan Dispensaries Must Close Down By Wednesday. The state’s Medical Marijuana Licensing Board has approved 14 more dispensary licenses, but some 215 pot businesses that […]
Cannabis and the Congressional Midterm Elections Cannabis may be the issue that tips the ballots towards certain candidates around the US, as the nation heads into the Congressional mid-term elections on 6 November. Up for vote will be all 435 seats in the House of Representatives, 35 of the 100 seats in the US Senate, […]
Canadian Cannabis Companies Report Record Sales Post-Legalization It has been a little more than a week since recreational cannabis sales were launched in Canada, and already the policy has become a big hit. Millions of dollars in cannabis sales have already been recorded, and in the province of British Columbia alone there have been more […]
Activists Complain About Canada’s New Marijuana Law A long-time marijuana advocate says the legalization of recreational marijuana in Canada is a remarkable step forward, but many flaws remain in the law. Dana Larsen is the founding member of the Marijuana Party of Canada and the BC Marijuana Party. He says it is not the end […]
FDA Seeks Public Comment on Marijuana Classification, WA Bans Gummies and Candies Plus The FDA is seeking public comment on marijuana classification, Mississippi cops continue to seize cash and other goods despite a change in state law that should have stopped them, and more. Marijuana Policy The Trump Administration Seeks Public Comments On Marijuana Reclassification. […]
California Joins FDA, “No CBD in Foods” Jerry Brown Signed a Bill That Prohibits the Sale of CBD Cocktails and Beverages Now AB 2914 Killed the CBD cocktail trend in California LA’s ban begins on 1 January. A position adopted by state officials in California has drawn criticism from companies selling cannabidiol (CBD) in conventional […]
Pet Alert: Legalized Marijuana Can Mean Death to Your Dog Classic signs of poisoning include glassy eyes, a dazed expression, slow response times, loss of coordination and dribbling urine; the more THC the dog ingests, the more severe the symptoms, Marijuana for humans contains much more THC than pets can safely consume; CBD oil for […]
Medical Marijuana Update The DEA relented and rescheduled the marijuana-based drug Epidiolex, California’s Governor vetoes a compassionate access bill, and Michigan dispensaries must have licenses by Halloween or be shut down, and more. National DEA Reschedules Marijuana-Derived Drug Epidiolex. The DEA has rescheduled Epidiolex, a marijuana-derived drug manufactured by GW Pharmaceutical. The move comes after […]
Reduce Anxiety and Depression Without Rx Drugs Anxiety disorders and depressive disorders are 2 of the most common mental disorders of our time. These kind of disorders affect the mood and feelings of the person, and need to be differentiated from usual mood fluctuations. For instance, feelings of sadness or fear are normal reactions to stress. Symptoms of anxiety and […]
Aurora Cannabis Plans US Stock Listing in October $ACBFF, $TLRY, $KO, $SZT Canada’s Aurora Cannabis Inc. (TSX:ABC) said Thursday it planned a US listing of its shares in October, as it looks to cash in on strong investor appetite for marijuana producers. Interest has boomed in Canada’s marijuana companies ahead of legalization of recreational cannabis […]
Marijuana Rally has Just Minted 3 New Billionaires $TLRY The 1st private equity firm focused exclusively on the cannabis industry has minted 3 new billionaires. Brendan Kennedy, Michael Blue and Christian Groh founded Seattle-based Privateer Holdings Inc. in May 2010 and the firm later invested in Canadian pot firm Tilray Inc.(NYSE:TLRY), whose market value topped […]
Tilray (NYSE:TLRY) Spikes, CEO Touts Marijuana Growth Prospects $TLRY “I don’t want to get bought by AB-InBev or Diageo, I want to be that company” CEO Kennedy said Tuesday Tilray (NYSE:TLRY) is having its best day since its July IPO, adding as much as 94% to briefly touch 300/share, after CEO Brendan Kennedy touted the […]
It is Very Expensive to Hedge Cannabis Stocks $TLRY, $MJ, $SZT, $SPY Stock investors caught up in the cannabis craze has driven marijuana stocks to record highs, options traders are paying the most ever to hedge against a fall. Skyrocketing marijuana stocks have driven the $560-M ETFMG Alternative Harvest ETF (MJ), up more than 60% […]
US Researchers Turn to Canada for Quality Cannabis Extracts $TLRY, $GWPH The US government has approved the importation of marijuana extracts from Canada for a clinical trial, highlighting a new path for American researchers who have trouble obtaining the drug for medical studies. The University of California San Diego’s Center for Medicinal Cannabis Research announced […]
Medical Marijuana Update The US Justice Department is sitting on marijuana research applications, Congress refuses again to let VA docs recommend medical marijuana to Vets, an Arizona appeals court ruling gets appealed, and more. National Senate Bill Would Legalize Medical Marijuana For Military Veterans. Sens. Bill Nelson (D-FL) and Brian Schatz (D-HA) last Wednesday filed […]
Medical Cannabis Effective in Treating a Wide Range of Health Conditions Utilizing new mobile application technology, researchers at The University of New Mexico found that medical cannabis provides immediate symptom relief across dozens of health symptoms with relatively minimal negative side effects. In 2 recent studies titled, “Patient-Reported Symptom Relief Following Medical Cannabis Consumption,” and […]
Canadian Marijuana ETF in Shares Up 124% Since April $HMMJ, $MJ, $CGC, $STZ, $SMG The 1st marijuana ETF (exchange-traded fund) has reached a milestone that has as much to do with surging marijuana stocks as it does with investor inflows. The Horizons Marijuana Life Sciences Index ETF’s (HMMJ) total assets have grown to more than […]
Big-Name Investors Dabble in Marijuana Stocks $MJ, $DEO, $STZ Shares of marijuana companies are beginning to attract a few big-name investors. Billionaire Leon Cooperman, 75 anni, chimed in on a recent earnings call for Green Thumb Industries, a Chicago-based grower and seller of medicinal cannabis that recently went public in Canada. The iconic hedge fund […]
Medical Marijuana Update Oregon drastically reduces the daily purchase limit for patients, Oklahoma continues to try to get its nascent system up and running, and more. Illinois Illinois Governor Signs Bill to Allow Medical Marijuana as Alternative to Opioids. Gov. Bruce Rauner (R) on Tuesday signed into law a bill to allow patients to use […]
US Investors Buying an ETF that Tracks the Canadian Marijuana Industry $MJ, $DEO, $STZ US investors are buying into an ETF (exchange-traded fund) that tracks the Canadian marijuana industry as the country moves toward legalization and liquor producers show growing interest in selling marijuana. The US-listed $436-M ETFMG Alternative Harvest ETF, (ticker MJ), has taken […]
Medical Marijuana Update Oklahoma continues to struggle with its new medical marijuana program, Utah foes try a novel strategy to block a medical marijuana initiative, and more. Louisiana Louisiana Regulators Weight Raising Limit on Number of Patients Doctors Can Treat. The state Board of Medical Examiners is set to boost the number of medical marijuana […]
Constellation Brands Inc. (NYSE:STZ) Gives Canadian Cannabis Company Legitimacy and Cash $STZ, $CGC, $ACBFF Canopy Growth Corp.’s (CGC) CEO, Bruce Linton expects 1 “Google-like company” to dominate the legal cannabis industry. Canopy’s transformative deal with Constellation Brands Inc. (NYSE:STZ) has given it legitimacy, clout and a cash hoard that has widened the gap with its competitors. […]
This Happens to the Human Body With Use of Medical Marijuana Cannabis aka marijuana has been used for at least 5,000 years and has an extensive history of traditional uses as an industrial material (hemp) and a botanical medicine all throughout Asia, Africa, Europe and America. The term medical marijuana refers to the use of […]
Medical Marijuana Update A powerful Senate committee calls marijuana’s Schedule I status an obstacle to research, an Arizona appeals court ruling gets ignored, Oklahoma sees its 1st medical marijuana clinic, and more. National Senate Committee Slams Marijuana’s Federal Classification, Saying Schedule I Blocks Research. The Senate Appropriations Committee has issued a report criticizing marijuana’s continued […]
A Short History of Cannabis, aka Marijuana, and its Uses Cannabis is better known as marijuana, it has been used for its medicinal properties for thousands of years. Historical remnants from all around the world reveal the importance of cannabis in medicine and spirituality The earliest written references to cannabis are found in the Chinese […]
Illegal California Marijuana Shops Undercut Legal Market The Compton 20 Cap Collective just South of Los Angeles that was raided earlier this Spring is 1 of hundreds of illegal marijuana stores operating in LA County, where marijuana is legal for anyone 21 and over and retailers must be licensed to sell to them. Broad marijuana […]
Medical Marijuana Update The congressional shield for medical marijuana states remains alive, New York announces it will add opioid use as a qualifying condition for medical marijuana, and more. National Senate Panel Approves Medical Marijuana Protections. The Senate Appropriations Committee last Thursday approved an amendment that shields legal medical marijuana operations from federal interference. The […]
17 October 2018, Canadian Marijuana Legalization Day Marijuana will be legal nationwide in Canada starting on 17 October in a move that should take market share away from organized crime and protect the country’s youth, Prime Minister Justin Trudeau said in a very optimistic and hopeful statement Wednesday. The Senate gave final passage to the […]
Canada’s Senate Approves the General Use of Recreational Marijuana Tuesday, Canada’s upper House of Parliament approved a revised bill to legalize recreational marijuana, setting the stage for the country to become the 1st G7 nation to legalize cannabis. The Senate voted 52-29 in favor of the revised bill from the elected House of Commons, paving […]
Legal Marijuana is 1-Step Closer in the US On the legislation: “We’re looking at it. But I probably will end up supporting that, Yes.” Friday, US President Donald Trump said that he is inclined to support a bi-partisan effort in Congress to ease the US ban on marijuana, a proposal that would dramatically reshape the nation’s […]
Get Ready, the Cannabis Cocktail Soon at Your Neighborhood Bar $STX Today, marijuana producers are betting an increasing number of people would rather pour a drink infused with cannabis oil than spirits. There are plans in the workd to develop a product-testing and manufacturing center to explore using cannabis in everything from iced teas, juices […]
Medical Marijuana Update Philly, the City of Brotherly Love gets its 1st dispensary A Florida judge has blocked a state ban on patients smoking medical marijuana Colorado’s governor signs a medical marijuana in school bill, but vetoes a medical marijuana for autism. Colorado Colorado Governor Signs Medical Marijuana at School Bill. Gov. John Hickenlooper (D) […]
Bears Betting $2.1-B that a Marijuana ‘Bust’ is Coming $TWMJF, $ACBFF The total value of Short positions in global marijuana-related stocks has climbed to a record approaching $2.1-B, according an analyst at IHS Markit in Boston. Short sellers have increased their positions amid concern that the sector is overvalued, and it’s becoming easier to find […]
Medical Marijuana Update An amendment protecting medical marijuana in states where it is legal has made it into the House’s Justice Department appropriations bill, Illinois legislators approve medical marijuana in schools, the Utah initiative campaign is turning into a pitched battle, and more. National Last Thursday, a House panel approved medical marijuana protections. The House Appropriations […]
US Senate to say No to Legal Marijuana US Senator Majority Leader Mitch McConnell (R;KY) just says No A House committee advances a VA medical marijuana bill Pennsylvania’s Governor and Attorney General are not ok with a Philadelphia safe injection site US Marijuana Policy Senator Mitch McConnell (R-KY) is ‘down’ with Hemp, not with MaryJane […]
Medical Marijuana Update There is no joy in Idaho, a California bill to protect patients’ employment rights advances, Utah Democrats endorse medical marijuana, and more. Arkansas Last Friday a week, justices agreed to expedite the medical marijuana licensing case. The state Supreme Court has agreed to speed up its review of a ruling that has […]
Update: The Legal Status of CBD in the US $GWPH CBD is the nonpsychoactive component of cannabis and hemp. Unlike the THC in cannabis, CBD does not induce a high, but has many clinical benefits, including the control of seizures and pain Federal drug laws stipulate cannabis is an illegal Class 1 narcotic In states […]
Legalized Marijuana has ‘Watershed Moment’ Wednesday, US President Donald Trump promised Senator Cory Gardner (R-CO) he will support efforts to protect states that have legalized marijuana, ending a standoff on Department of Justice nominations. “Since the campaign, President Trump has consistently supported states’ rights to decide for themselves how best to approach marijuana,” Senator Gardner said in a […]
Medical Marijuana Update A Maryland medical marijuana expansion bill aimed at addressing racial inequities is on the governor’s desk, there will be no joy in Tennessee this year, the Mormon Church opposes a Utah medical marijuana initiative, and more. Maryland On Monday, the legislature gave final approval to a medical marijuana expansion bill. The Senate Monday […]
Cannabis Coming of Age in the USA Today, the cannabis industry in the US can breathe easier as former Republican House Speaker John Boehner joins the advisory board of US cannabis producer Acreage Holdings. The announcement that Mr. Boehner and former Massachusetts Governor William Weld will advise Acreage, a private company, should act as a […]
Medical Marijuana Update Legislatures across our nation grapple with medical marijuana, as an Arkansas judge puts that state’s program on hold, and more. Arkansas Last Wednesday, an Arkansas judge put a hold on the state medical marijuana program. A state judge put the state’s program on hold because of objections to the licensing process, but was […]
Marijuana is the New Gold for Some Canadian Miners $CRON A number of companies that started in the mining or oil and gas sectors that are now part of Canada’s burgeoning marijuana industry has jumped to more than 40. according to an analyst I read Saturday. And almost 50% of the country’s marijuana firms started out […]
Treating Pain Without Drugs Americans consume 99% of the hydrocodone sold worldwide and 81% of all oxycodone — approximately 30X more than medically necessary for the population size of the US Between Y 2002 and 2015, opioids killed an estimated 202,600 Americans Overdose cases increased by more than 30% across the US between July 2016 […]
Smoking Marijuana Linked to Major Heart Health Issues A major new study reveals that smoking marijuana dramatically increases one’s risk of suffering a heart attack and other cardiovascular events. The study authors, along with Top cardiologists across the country, are calling for more research into the use of medicinal and recreational cannabis in light of […]
Ultra-Rich Investing in Horses, Cars, Cannabis, and Cryptocurrencies $BTCUSD $CME, $CBOE The world’s wealthiest investors are looking to expand their holdings in volatile digital coins, despite a mismatch in the group’s knowledge surrounding the asset class. The latest annual Wealth Report survey by Knight Frank indicated that 21% of wealth advisers and private bankers said their clients increased investments in cryptocurrencies in Y 2017, […]
US Drug Policy Update US President Donald Trump and Jeff Sessions, the US Attorney General announced a new front in the war on opioids Attorney General Sessions announces a task force that will target opioid manufacturers and distributors. And this week, President Trump convened a White House summit on opioid epidemic in the US Marijuana […]
Medical Marijuana Update Medical marijuana foes in Arizona take aim at prescribing doctors, a Michigan judge strikes down Detroit’s medical marijuana initiative, Ohio’s medical marijuana roll-out hits a bump, and more. Arizona Last Thursday, a House committee advanced a bill to make felons of lax marijuana perscribing docs. The House Health Committee voted 6-3 on party […]
California’s Marijuana Growers Are Slow to Join the Legal, Regulated System The vast majority of California’s marijuana growers have yet to try to move into the state’s new legal regulatory framework, leaving big questions looming around whether they can survive in the brave new world of legal weed, whether a substantial illicit market will remain, […]
Canadian Marijuana Company 1st Ever to Be Listed on NASDAQ $CRON A Canadian cannabis producer will begin trading on the NASDAQ Tuesday, thus becoming the 1st marijuana company to be listed on a US stock exchange. Toronto-based Cronos Group won approval for the listing from the Securities and Exchange Commission (SEC). “It’s very significant for […]
LA: Legal Recreational Marijuana Sales Top Estimates Marijuana sales in Los Angeles are higher than estimated since marijuana became legal on 1 January according to reports “Originally the department was given a budget of $1.3-M, and to date we have collected over $2.2-M in licensing fees, and we have around about $800,000 in outstanding invoices, […]
Medical Marijuana Update State legislatures are in session and things are getting busy on the medical marijuana front, from CBD bills in Iowa to employment protection bills in California. California Last Wednesday, a bill that would provide employment protections for medical marijuana patients was filed. Assemblymen Rob Bonta (D-Oakland) and Bill Quirk (D-Hayward) have filed Assembly Bill […]
Marijuana Friendly US Senator from Colorado Eases Up On DOJ Colorado Republican US Senator will stop blocking nominees for some Justice Department jobs over concerns about the marijuana industry, saying Thursday that federal officials have shown good faith in recent conversations on the department’s marijuana policy. Last month, Senator Cory Gardner used his power to […]
Big Tobacco Enters the Legal Cannabis Business in Canada $AOI, $SZT While not a household name, a big US tobacco firm, Alliance One International Inc. (NYSE:AOI) has 1-upped its better known and much larger tobacco sellers by acquiring stakes in 2 Canadian firms involved in that country’s medical marijuana market. The acquisitions of the marijuana-related […]
Medical Marijuana Update CBD Cannabis Oil bills have gotten though legislatures in Indiana and Virginia, Texas sees the 1st delivery of CBD Cannabis Oil to a patient, and more. Indiana On Monday, Ithe Senate passed a CBD bill. The Senate voted 35-13 to approve Senate Bill 294, which would allow any state resident to purchase and use […]
Medical Marijuana Update, Plus California Banking Policy California’s Treasurer wants to create a public bank for the cannabis business. The medical marijuana movement loses a founding father, and the only other action this past week was a pair of CBD bills. California Last Saturday, Dennis Peron, “the Father of Medical Marijuana,” died at age 72. A […]
Legalization of Marijuana, ‘The Great American Social Experiment’ The great social experiment that is marijuana legalization is now 5 years old, with 6 states already allowing legal marijuana sales, two more where legal sales will begin within months, and yet another that, along with the District of Columbia, has legalized personal possession and cultivation of […]
Medical Marijuana Update Medical marijuana is safe from the Justice Department for now, governors in New Jersey and Rhode Island make noises about expanding medical marijuana programs, Georgia voters are ready for a full-fledged medical marijuana law, and more. National Last Thursday, a House version of a bill aimed at encouraging medical marijuana research was filed. […]
Diamonds Out of Favor with Millennial “Girls”, They Prefer Marijuana Diamonds are set to slump further, according to a hedge fund whose bet on Marijuana helped make it the world’s best performer in Y 2016. Prices of dDamonds and other precious gems may slump as much as 10% this year as they lose appeal with younger consumers […]
Marijuana Sector Outlook for 2018 $GWPH, $BTC Medical Marijuana Approvals Should Increase It is expected the US Food and Drug Administration will approve the cannabis-based epilepsy drug Epidiolex from GW Pharmaceuticals Plc. (NASDAQ:GWPH) by the end of Summer 2018. GW Pharmaceuticals Plc is trading at: 132.00, +0.21, or +0.16% after hours: 7:37p EST on 10 January. Vs a […]
Medical and Recreational Marijuana Update Some leading Senate Republican calls for removing obstacles to medical marijuana research, a Florida judge decides to take up a case over the state’s ban on smoking medical marijuana, and states likely to allow recreational marijuana use in Y 2018 On the Medical side National Recently, Orrin Hatch decried obstacles to […]
CBD Shows Promise as New Treatment for Psychosis An ingredient in cannabis called cannabidiol (CBD) has shown promise in a clinical trial as a potential new treatment for psychosis, scientists said in a report last Friday. Scientists conducted a small trial of people with psychosis and found patients treated with CBD had lower levels of […]
December’s Marijuana Money Outlook $GLDFF, $MPXEF, $MRMD, $GWPH November was a great month for cannabis stocks. The MJIC North American Marijuana Index rose by 41% last month, led mostly by Canadian stocks again. Although the US had its best month all year gaining 27% as companies rally ahead of California’s legalization on 1 January. The Canadian Index […]
California Clears the Way for Legal Recreational Marijuana Sales California’s big cities clear the way for legal Marijuana sales, California’s small Marijuana farmers worry about big grower competition Delaware police want Cannabis People’s guns. Marijuana Policy California NORML Recommends Priority Licensing for Small-Scale & Outdoors Cultivators. The marijuana activist group is calling on state regulators […]
Big Pharma Vs Hemp Based CBDs and Medical Marijuana $LLY, $GWPH The legal status of CBD oil, as a nutritional supplement is being threatened by Big Pharma seeking FDA approval for CBD-containing drugs The cannabinoids in cannabis, cannabidiol (CBD) and tetrahydrocannabinol (THC), interact with the human body by way of naturally-occurring cannabinoid receptors embedded in […]
Recreational Marijuana Legal in California Soon, Banks Will Not Touch Cash Marijuana will likely be a thriving business in California next year, with expected revenue of $5.2-B, but there few banks will take its cash. The recreational use of Marijuana becomes legal on New Year’s Day, and the California itself will collect a much needed […]
Marijuana Stocks Have a Dark Secret The Marijuana industry is growing, and investors are beginning to take notice. According to Cowen & Co., legal Marijuana sales in the US have the opportunity to reach $50-M annually by Y 2026. Analysts are projecting compound annual growth of 26% in North America through Y 2021. Few American […]
Medical Marijuana Up Date Congresspeople want the VA to research medical marijuana, New Jersey expands its list of qualifying conditions, and more. National Last Thursday, lawmakers called on the VA to research medical cannabis for veterans. A group of lawmakers who sit on the House Veterans’ Affairs Committee wrote a letter to Veteran Affairs Secretary […]
The Cannabis World Congress & Business Expositions (CWCBExpo) in Los Angeles is the leading event on the West Coast for the legalized adult use, medical marijuana, and industrial hemp industries. For three days and all under one roof, CWCBExpo LA features education, information, and products for navigating and prospering in this high growth industry. Taking place in California, […]
Pet owners may soon be one step closer to accessing medical cannabis as a pain-reliever for their furry friends thanks to CannPal, a Sydney-based pharmatech startup that is looking to raise $6 million when it lists on the Australian Securities Exchange later this year. CannPal wants to develop cannabis-based products to aid veterinarians in administering […]
Medical Cannabis and Reduced Prescription Use In a soon-to-be published article in the *Journal of the American Medical Directors Association, *University of New Mexico researchers, in collaboration with Industrial Rehabilitation Clinics of Albuquerque, followed patients who enrolled voluntarily in the New Mexico state medical cannabis program and found that they significantly reduced their utilization of […]
US DOJ Blocks Cannabis Research $GWPH, $AXIM, $POTN The Big Q: Is the Justice Department blocking cannabis research? The Big A: It sounds like it is When the US Drug Enforcement Agency (DEA) receives applications to grow cannabis for research, they have to send it to the US Department of Justice (DOJ) for final approval. […]
Drugstore non-Rx Painkillers, Not as Safe as You Think $POTN The opioid crisis is getting a lot of attention now, but the highly-addictive Rx (prescription medications) are not the only class of pain relievers causing serious health problems in the US. “The opioid crisis is an emergency — and I’m saying officially right now it’s […]
Marijuana Users See 3X Blood Pressure Death Risk People who smoke marijuana have a 3X greater risk of dying from hypertension, or high blood pressure, than those who have never used the drug, scientists said Wednesday. The risk grows with every year of use, they said. The findings, from a study of some 1,200 people, […]
Medical Marijuana Update: Patients are Opting for CBD Instead of Rx Medication $POTN A recent study reveals at 40% of patients who consume high-CBD forms of cannabis stopped using traditional pharmaceutical medications and now use marijuana to treat their symptoms. The survey was conducted by Brightfield Group, a market research firm focused on the legal […]
Medical Marijuana Update $DIA, $SPY, $QQQ, $POTN Commentary: Last Friday, a Justice Department Task Force on Crime Reduction and Public Safety, led by Attorney General Jeff Sessions released its report policy reformers and industry insiders worry that the report will link marijuana to violent crime, laying the basis for a crackdown on marijuana users and purveyors. […]
Marijuana ‘Haze’ Covers Canada, TMX Debating US Policy Canada’s stock market has been focused on the Cannabis industry opening up, but the country’s largest stock exchange is grappling with how to deal with Cannabis related companies that have investments in the US, where marijuana is banned by federal law. There could be more certainty soon, there […]
USA Medical Marijuana Update A measure that would allow VA docs to issue medical marijuana recommendations advanced in the Senate. Massachusetts’ highest court rules in favor of a worker fired for using medical marijuana, and more. Utah regulators give initial approval for Hemp research National Last Thursday a week, a Senate panel approved medical marijuana […]
Hemp CBD Vs Cannabis CBD, the Difference CBD stands for phytocannabinoid Cannabidiol. It has come into the medical cannabis scene like no other natural compound has ever done. CBD has received lots of media attention over the past few years; however, there are many people that have questions about it: Below is everything one need […]
Medical Marijuana Update Florida gets sued over its “No Smoking” medical marijuana law, Maryland gets its 1st dispensary approved, West Virginia’s medical marijuana law goes into effect, and more. Florida Last Thursday, the state was sued over the no smoking provision in the medical marijuana law. Orlando attorney John Morgan, the mastermind and chief funder […]
Medical Marijuana Update An initiative campaign is getting underway in Utah, Florida’s governor signs medical marijuana implementation into law, and more. Arkansas Monday, the state announced it will begin accepting medical marijuana applications this week. The state Medical Marijuana Commission will begin accepting applications from potential medical marijuana growers and distributors as of this Friday, […]
Marijuana Entrepreneurs See Bitcoin as Banking Answer Legal marijuana companies are turning to Bitcoin, the world’s most popular digital currency, in an effort to get rid of all its cash, as banks stay on the sidelines. The inability to access traditional financial institutions is 1 of the marijuana industry’s biggest impediments. Legal cannabis was a […]
Medical Grade Marijuana, The Solution to America’s Opioid Addiction? $ENDP Last Thursday, the FDA took an unprecedented step in an attempt to curb America’s opioid abuse crisis, but that does not yet mean that medical grade marijuana will be more seriously considered as an alternative to the highly addictive and deadly heroin like Rx drugs. […]