Researchers Overwhelm Canadian Government With Marijuana Research Requests

After becoming just the second country to legalize marijuana nationwide, Canada has the potential to lead the world in cannabis research – if they can cut the bureaucratic red tape. September 17, 2019 3 min read Opinions expressed by Entrepreneur contributors are their own. Marijuana research in Canada stands in stark contrast with what is happening in the United States. With its progressive approach, Canada has more in common with world-leading Israel when it comes to cannabis research. At least, it has that potential. But red tape is currently standing in the way of success. In the United States, a federally funded researcher has sued the Drug Enforcement Administration because of the poor quality of marijuana available for research. Currently, cannabis used for research in the U.S. is grown in only place, the University of Mississippi. In Canada, researchers don’t have an issue with the quality of the marijuana, but […]

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Curaleaf and Surterra Are Top Spenders On Federal Marijuana Lobbying

A look at which companies are investing the most on The Hill. September 11, 2019 7 min read Brought to you by MJBizDaily The marijuana industry has spent about $2 million so far this year lobbying for federal cannabis reform in Washington DC, and more than half that money has come from individual MJ-related companies. Businesses and lobbying organizations said the investments are critical in helping lawmakers and federal regulators understand the importance of cannabis-related issues. They are focusing on vexing industry problems such as banking, as well as broader reform and legalization efforts. The payoff comes when reform occurs or public policy becomes clear, and companies can plan and operate accordingly. RELATED: Marijuana Lobby Grows As Legalization Spreads Throughout Country “Markets do not do well in situations of uncertainty,” as is the case with marijuana currently, Richie Thorne, chief risk officer of Dama Financial, wrote in an email to Marijuana Business […]

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Which State Will Be Next to Legalize Cannabis?

You might be surprised. August 3, 2019 5 min read This story originally appeared on Cannabis & Tech Today Only a few months into the new year and numerous states have made progress on adult-use cannabis legislation. However, some of the states expected to legalize next may be held up for one reason or another. In other cases, bills are making their way through once restrictive states. Here is the latest on some of the states most likely to legalize in 2019. New Jersey New Jersey Governor Phil Murphy began 2019 with a call to push for adult-use cannabis legalization in the state. At his State of the State address, Gov. Murphy called for reform to reverse the inequality of the War on Drugs while shifting public resources to other safety measures. Since then, not as much progress has been made as some would like. Some fear that legalization may […]

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New York Governor Signs Bill Decriminalizing Cannabis Possession

The decriminalization of small amounts of cannabis is significant progress for social justice initiatives. July 30, 2019 3 min read This story originally appeared on Green Market Report On July 29, 2019, New York Gov. Andrew Cuomo signed into law a measure that reduces the penalties for cannabis possession. “While the failure to pass a comprehensive legalization bill is an unfortunate loss to the taxpayers of New York, the decriminalization of small amounts of cannabis is significant progress for social justice initiatives, an underreported aspect of the legalization movement,” said Evan Eneman, CEO of MGO|ELLO Alliance, a cannabis finance and banking firm. Although New York decriminalized the possession of 23 grams or less of cannabis in 1977, tens of thousands of New Yorkers have still found themselves arrested and charged with possessing small amounts of cannabis. Between 2008 and 2017, approximately 360,000 people have been arrested for cannabis possession, the majority of which have […]

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New Findings Raise Doubts Whether Legal Weed Reduces Opioid Deaths

July 12, 2019 3 min read This story originally appeared on Benzinga A study published this month in the Proceedings of the National Academy is pushing back on the line of thinking that medical marijuana could lower the number of opioid overdoses. The findings. States with medical marijuana laws showed slower increases in opioid overdoses from 1999 to 2010, but that’s no longer the case, according to the study. “For end dates between 2008 and 2012, the association was negative … subsequently, the association became statistically indistinguishable from zero before turning positive in 2017.” The association between state medical cannabis laws and opioid overdoses has reversed direction from negative 21 percent to positive 23 percent and remained positive after factoring in recreational cannabis laws, the study’s authors said. “We find it unlikely that medical cannabis — used by about 2.5 percent of the U.S. population — has exerted large conflicting effects on opioid overdose […]

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Legal Dispensaries in LA Demand Regulators Crack Down on Unlicensed Pot Shops

Heavily taxed and closely regulated legal dispensaries are being undersold by outlaws who flaunt the law. June 24, 2019 6 min read Brought to you by Marijuana Business Daily Los Angeles marijuana czar Cat Packer did an impromptu Oprah Winfrey impersonation during an appearance at a Mendocino County retreat earlier this month when asked what she’d do with an unlimited budget and staff. “Everyone would get licenses!” the director of the Los Angeles Department of Cannabis Regulation said with a smile, spurring the audience to giggle, cheer and clap. “You get a license! You get a license! You get a license! Everyone would get licenses, and no one would get arrested.” But the reality is, this is anything but a laughing matter for Los Angeles cannabis businesses. To the California Minority Alliance (CMA), for instance, it’s an issue that rises to legal action. The trade group announced plans to sue City Attorney Mike Feuer’s office, contending […]

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New York Cannabis Community Mourns Longtime Advocate Doug Greene

Greene was a constant presence at rallies and meetings to support cannabis legalization. June 12, 2019 2 min read This story originally appeared on Benzinga The New York cannabis community lost one of its most vocal proponents when Doug Greene, 52, was fatally struck by an A train subway June 4. It is unclear how he found himself on the tracks. Decades of activism.  Greene’s passing leaves a void in the cannabis community. He specialized in bankruptcy law by day and fought for cannabis rights with most of his other time for more than 30 years, including serving as the legislative director for the Empire State NORML chapter. He was a constant fixture at rallies, protests, hearings and gatherings in the state, often serving as a speaker and always a supporter. The news of his passing sparked a slew of dedications on social media. Many cited his passion for the plant as well as his ability […]

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With Precision Dosing Cannabis Will Become Like Coffee

Precision dosing unlocks the vast benefits of cannabis by making intoxication optional. May 29, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. The conventional wisdom is that the end of Prohibition in the 1930s is the blueprint for the legalization of cannabis now. We once drank in speakeasies, now we drink in bars. We once smoked joints at home with the curtains drawn, now we vape on front stoops. Getting high will become like being tipsy. The black market will simply become a white market and the roster of legal, recreational drugs will simply increase from one to two. This conventional wisdom is logical and reasonable. But it is wrong. The future of cannabis doesn’t look like wine and spirits. Cannabis isn’t like alcohol. Cannabis is like coffee. Cannabis will be a part of everyday life — a common and routine presence. At work, at home, at […]

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New Jersey Lawmakers Admit Failure on Weed Legalization, Will Let Voters Decide in 2020

Legalization seemed a certainty a year ago but political infighting and unflinching legalization opponents doomed the effort. May 15, 2019 4 min read New Jersey lawmakers have given up hope of legalizing adult-use cannabis and will leave the issue to be decided by a referendum on the 2020 presidential ballot. In the meanwhile, the Legislature will push forward a bill to expunge marijuana related criminal records. In recent days Governor Phil Murphy, who won election in part on his vow to pass marijuana legalization, has used his executive authority to dramatically expand the state’s existing medical marijuana program. “We are not going to move forward with adult use marijuana at this time. It’s something I feel strongly in, but the votes aren’t there,” state Senate President Stephen Sweeney said at a press conference Wednesday. “There’s no sense dragging this out,. We can’t hold back progress.” Expansion of the medical marijuana […]

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7 Statistics Entrepreneurs Need to Know About Legal Cannabis and CBD

Public opinion and consumer preference for cannabis over Big Pharma are powerful forces shaping the cannabis market. April 30, 2019 4 min read Opinions expressed by Green Entrepreneur contributors are their own. How fast is the stigma of cannabis fading? Consider the numbers: Cannabis, whether for medical use or recreationally by adults, is legal in 33 states, Washington, D.C. and the U.S. territories of Guam and Puerto Rico. An estimated 73 million Americans live in the 10 states that have legalized for adult use. A record-high 62 percent of Americans agree cannabis should be legalized. 2019 marks the start of the second year of legal adult cannabis in California, the world’s largest legal market, yet consumers and business owners still must overcome significant hurdles. Cannabis consumers want to support the legal market but high prices, whopping taxes and impeded access to legal cannabis drives them to thriving illicit market. California has done a good job […]

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Pay Attention to These 6 Cannabis Industry Trends

The weed businesses that thrived four years ago don’t necessarily yield big profits today as new cannabis industry trends dictate the market. April 19, 2019 7 min read Opinions expressed by Green Entrepreneur contributors are their own. Cannabis industry trends evolve faster than most markets. Not only haven’t regulations been finalized, but methods of consumption, investment and the geography of the market itself are in constant flux. Though all the noise, these are the top six cannabis industry trends that entrepreneurs should pay attention to. 1. Cannabis industry trends indicate higher sales than ever. The biggest evolution within the cannabis industry is that sales will be higher this year than they were in 2018, and investors, consumers and entrepreneurs alike should expect to see legal weed sales blossom for the next few years as the market grows annually. The biggest of all cannabis industry trends for the next few years is […]

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Legalization Stalls In New Jersey Legislature

The vote on a bill to legalize marijuana for adults was cancelled when it became apparent it would be defeated. March 25, 2019 3 min read A bill to legalize marijuana use for adults and create what would have been among the nation’s largest markets for the booming cannabis industry has stalled in the New Jersey state Senate, a stinging defeat for Governor Phil Murphy, a Democrat who was working with Democrat majorities in both houses of the state Legislature. Propents of legalization avoided outright defeat by withdrawing the bill when it became apparent it did not have the 21 votes needed to pass the state Senate. Despite the vigorous backing of the leaders of both houses of the Legislature and the governor, the bill never gained support either from Republican legislators representing suburban and rural areas of the state or from several prominent, and notably older, African American legislators representing […]

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The UN Is Moving Toward Ending Decades of International Cannabis Prohibition

America and the entire world is waking up to the promise of cannabis and tiring of prohibition. March 25, 2019 9 min read Opinions expressed by Green Entrepreneur contributors are their own. The pace of expansion within the “legalized” cannabis industry is impossible to miss. News of U.S. states “going legal” or large commercial operations “going public” are often front page news. Notably, an increasing number of non-cannabis businesses find themselves working with the industry as it expands and requires greater resources. In all of this, people ask, “How is this legal?” Explaining the quickly-evolving U.S. regulatory framework is complicated — and it’s just as complicated at the international level. The role of United Nations coordinating international cannabis prohibitions. Following the creation of the United Nations (UN), member countries sought to consolidate existing treaties and debates concerning the control of so-called dangerous drugs. With this stated purpose, the UN convened and […]

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Presidential Candidates Back Marijuana Justice Act, But What Would It Do?

The bill would end the War on Drugs and allot funds to repair the damage it caused low-income communities. March 14, 2019 3 min read Opinions expressed by Green Entrepreneur contributors are their own. Democratic congressional members, emboldened by a freshman class that put their party in control of the U.S. House of Representatives, have pressed fast-forward on introducing progressive legislation. The Green New Deal is one example. Legalization of recreational marijuana from sea to shining sea is another. New Jersey Sen. Cory Booker has reintroduced the Marijuana Justice Act, which he first proposed in 2017. It legalizes marijuana at the federal level, among many other sweeping changes. The chances of it passing Congress and becoming law are approximately zero — Republicans still hold a majority in the U.S. Senate and President Trump has a veto — but it should at least get a full hearing in the Democratic-controlled House. California Representatives […]

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Volunteer Coders Partner With San Francisco to Clear 9,300 Marijuana Arrest Records

People arrested with a joint long ago were saddled with criminal records for decades. March 12, 2019 3 min read Opinions expressed by Green Entrepreneur contributors are their own. Marijuana legalization isn’t just about stopping arrests under War on Drugs-era laws for cannabis possession. In California, it’s also about clearing the records of thousands who were arrested during that era and still struggle with the stigma of a criminal record for actions that ara legal now. With the help of a volunteer organization that uses technology to make governments more efficient, San Francisco officials plan to expunge records of 9,300 marijuana-related convictions that go back as far 1975. San Francisco District Attorney George Gascón called expunging the records “the morally right thing to do,” according to the Los Angeles Times. He then added, “If you have a felony conviction, you are automatically excluded in so many ways from participating in […]

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Booker, Harris Push Marijuana Legalization to Center Stage for 2020 Election

Perhaps the greatest proof the American people have rejected the War on Drugs is that presidential candidates can favor legalization at no political cost. February 19, 2019 5 min read Opinions expressed by Green Entrepreneur contributors are their own. Two senators who are leading candidates in the race for the Democratic presidential nomination have already accomplished something early in the campaign – they’ve made legalization of marijuana at the national level a primary issue. Sen. Cory Booker of New Jersey already has introduced legislation to remove marijuana from the federal list of illegal drugs and continues to take that position as a candidate. And Sen. Kamala Harris of California this month very publicly declared her support for legalizing pot on “The Breakfast Club” morning radio show in New York City. She couldn’t have been much more straightforward. “Let me just make this statement very clearly: I believe we need to […]

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WHO Cannabis Rescheduling Recommendations Are Too Little for Some

The proposal would be great progress for medical marijuana and CBD but does much less for those who think adults can make their own choices about recreational cannabis. February 6, 2019 5 min read Brought to you by Marijuana Business Daily The World Health Organization (WHO) made great strides in its recommendations on how cannabis should be scheduled, but the global industry believes there’s more work to be done. Martin Jelsma, drugs and democracy program director at the Netherlands-based Transnational Institute, emphasized to Marijuana Business Daily that there are “very positive elements in the WHO recommendations,” including: Recognition of “medical usefulness” with its removal from Schedule IV. Additional clarity about CBD not being under international control. Resolution of the inconsistency of having cannabis under the 1961 and THC under the 1971 Convention. But the recommendations – first reported by Marijuana Business Daily – didn’t go far enough, Jelsma said. “(It’s) quite disappointing that the WHO recommends to keep […]

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World Health Organization Recommends Rescheduling Cannabis and Provides Clarity on CBD

The WHO is on the verge of removing marijuana from the world’s list of dangerous narcotics while recognizing its vast therapeutic potential. February 6, 2019 6 min read Brought to you by Marijuana Business Daily Member states of the United Nations Commission on Narcotic Drugs (CND) received the World Health Organization Expert Committee on Drug Dependence’s (ECDD) cannabis recommendations, which had been expected in December, Marijuana Business Daily has learned. The CND had been expected to consider rescheduling cannabis in March 2019 at its annual meeting, but the delay in receiving the ECDD recommendations may push that consideration into 2020 to provide additional time for member states to review them. The report recommends several changes to how cannabis is scheduled, which could have significant implications for the cannabis industry: The scheduling of cannabis in the international drug control conventions wouldn’t be as restrictive as it is now, because it would be removed from Schedule IV of […]

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More Seniors Are Using Marijuana and It May Decrease Their Opioid Use

Usage is surging among seniors looking for alternatives to prescription painkillers but research faces many legal barriers. February 5, 2019 3 min read Opinions expressed by Green Entrepreneur contributors are their own. The U.S. population is aging, which means a growing percentage of Americans are experiencing the aches and pains that come with the senior years. Apparently, many have found a way of managing those aches and pains: marijuana. Using cannabis for pain relief is a growing trend among seniors. The New York Times recently reported that “older Americans are flocking to marijuana.” They interviewed a 66-year-old Orange County, Calif., resident who uses a salve containing cannabidiol (CBD) on an aching toe she broke decades ago. She also said she smokes a little weed in the evening because “relaxing is healthy for you.” Related: 5 Ways Hemp Is a Boon for Health Seniors are a huge market. Seniors are a growing […]

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3 Long Debunked Arguments Against Legal Weed That Just Won’t Die

America has largely accepted the facts about marijuana but a stubborn opposition refuses to. January 28, 2019 5 min read Opinions expressed by Green Entrepreneur contributors are their own. There has been a huge change in public opinion about legal marijuana over the past 20 years but the tired arguments against it — it’s a gateway drug, legalizing weed leads to more underage use, THC causes mental illness, etc — haven’t changed in decades, despite having been repeatedly disproved. These claims are scary but a significant body of research from leading academic institutions and states that have already legalized cannabis has largel disproved the arguments against ending cannabis prohibition. Myth: Weed is a gateway drug. The age-old argument against cannabis legalization, and cannabis use in general, is that weed is a “gateway” to more dangerous illegal substances. This argument rests a handful of studies. A study from 1999 found that people who use […]

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