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US Tax Court nixes non-marijuana deductions by medical MJ company
US Tax Court nixes non-marijuana deductions by medical MJ company Published 5 hours ago | By Jeff Smith Source: Marijuana Business Daily A U.S. Tax Court judge asserted in a recently released decision that the owner of a Colorado medical marijuana business wasn’t entitled to take business deductions for her expenses in selling non-cannabis accessory […]
No Joke: The Republican-Controlled Congress Aims to Protect Medical Marijuana Businesses
Sorry, Jeff Sessions, but medical cannabis businesses likely are still off-limits. By: Sean Williams Source: The Motley Fool Jun 17, 2018 at 7:21AM Few industries are creating a buzz with investors quite like legal cannabis. According to research firm ArcView, the North American legal weed industry grew sales by 33% in 2017, to $9.7 billion, […]
Washington’s Most Powerful Anti-Pot Official Is Named Sessions. It’s Not Who You Think.
Rep. Pete Sessions has quietly used his chairmanship of the House Rules Committee to stifle popular amendments that would protect legal marijuana. Drew Angerer/Getty Images By JAMES HIGDON March 21, 2018 In January, a year after he took office, Attorney General Jeff Sessions took his first shot at marijuana, repealing an Obama-era document that had […]
More Than 1,800 Canadian Scientists Sign Open Letter Urging for More Cannabis Research
#cannabis #MARIJUANA SOURCE: MEDICAL MARIJUANA INC A coalition of academics has signed an open letter directed to the Canadian government, urging it to prioritize cannabis research. Scientists from all throughout Canada have come together to urge Prime Minister Justin Trudeau and other political figures to prioritize cannabis research. More than 1,800 of the country’s academic […]
How Many Nanograms of THC is Too Many to Drive?
#cannabis #marijuana SOURCE: Marijuana.com By Michael Knodt on June 26th, 2017 at 3:02 pm Germany maintains some of the strictest cannabis DUI rules in the world. The low limit of 1 nanogram (ng) THC/ml blood serum, as well as the measurement of non-psychoactive metabolites, means that drivers and cyclists who are otherwise not under the […]
Lehigh University looks to study cannabis’ effect on autistic children
SOURCE: PHILLY.COM THE INQUIRER by Nicole Radzievich, MORNING CALL (TRACIE VAN AUKEN/ For the Inquirer)(TRACIE VAN AUKEN/ For the Inquirer) Use of marijuana by blacks and whites is about equal, according to the report. As Pennsylvania prepares to award its first licenses for the fledgling medical marijuana industry, Lehigh University intends to partner with one […]
Study: Cannabis Beneficial for Alzheimer’s By Improving Glucose Consumption in Brain
#CANNABIS #MARIJUANA SOURCE: MEDICAL MARIJUANA INC A study suggests that cannabis protects the life of brain cells by encouraging energy consumption, thereby helping manage and treat the cognitive degeneration associated with Alzheimer’s disease. Cannabis may be therapeutically beneficial for treating Alzheimer’s disease because it promotes increased glucose uptake in the brain, according to a recent […]
Neuroblastoma – Medical Marijuana Research Overview
SOURCE OF ALL INFORMATION: MEDICAL MARIJUANA, INC. The following information is presented for educational purposes only. Medical Marijuana Inc. provides this information to provide an understanding of the potential applications of cannabidiol. Links to third party websites do not constitute an endorsement of these organizations by Medical Marijuana Inc. and none should be inferred. Neuroblastoma […]
CANNABIS VS. BEER: Which Industry Will Reign Supreme?
SOURCE: DOPE MAGAZINE By Kelly Vo Would you rather light up a joint, or drink a beer? According to new research by the Cannabiz Consumer Group (C2G), which studied the behavior of 40 thousand participants, marijuana is “canna-balizing” the beer industry. In states where cannabis has been legalized, 27 percent of drinkers have already substituted […]
Sessions asks Congress to let him prosecute medical pot shops, patients
SOURCE: ThinkProgress Alan Pyke Deputy Economic Policy Editor, ThinkProgress. Poverty, criminal-justice profiteering, police violence, & robber barons. Tips: apyke@americanprogress.org Jun 13 Eliminating medical cannabis would likely push more people toward opioids Attorney General Jeff Sessions in 2016. CREDIT: AP Photo/J. Scott Applewhite While recreational marijuana companies remain in precarious territory under federal law, Congress has for […]
How Medical Marijuana Will Disrupt The Pharmaceutical Industry (VHT)
SOURCE: EFT DAILY NEWS June 10, 2017 7:22am NYSE:VHT From Bill Hall: In my last two Money and Markets articles, I’ve put you on the inside track when I revealed that “family offices” — the preferred investment platforms for many of the world’s mega-millionaires and billionaires — are quietly funding the rapidly growing legal marijuana […]
California Takes Stance Against Federal Level in Fight for Cannabis
No local agency will be able to provide support for federal powers against cannabis consumers and businesses SOURCE: CANNABIS INVESTING NEWS By Bryan Mc Govern • June 11, 2017 The battle between US states and the federal power is intensifying as California gets closer to becoming a ‘sanctuary state,’ safe from federal power against cannabis. […]
Noted Experts Critically Evaluate Benefits of Medical Marijuana for Treatment of Epilepsy
SOURCE: Elsevier 24 May 2017 Special Issue of Epilepsy & Behavior highlights the issues involved with medical marijuana Although cannabis had been used for many centuries for treatment of seizure disorders, medical use became prohibited in the 20th century. However, with the loosening of laws regarding medical marijuana, research and clinical use of marijuana-derived substances […]
Cannabis shows promise for rare seizure disorder
SOURCE: The Washington Times – By Laura Kelly – Wednesday, May 24, 2017 Photo by: Kathy Young According to a study published Wednesday by The New England Journal of Medicine, marijuana cut seizures in kids with a severe form of epilepsy. (Associated Press) A new study shows promising results in treating patients suffering a rare […]
GOP Lawmaker Introduces Federal Legalization of Marijuana
SOURCE: newsmax A “budtender” weighs marijuana for a customer at ShowGrow, a medical marijuana dispensary in downtown Los Angeles. (AP Photo/Richard Vogel, File) Wednesday, 17 May 2017 06:59 PM Lawmakers are pushing for federal legalization of marijuana — an effort gaining traction despite signals the Trump administration is moving toward stronger enforcement of federal pot laws, […]
People are Using Cannabis in Place of Prescription Drugs, New Study Finds
SOURCE: MEDICAL MARIJUANA INC 10 May, 2017 Individuals are using cannabis as a substitute for prescription drugs, particularly to treat pain, anxiety and depression, according to a new study. Findings in a new study published this month in Journal of Pain Research indicate that individuals are using cannabis in place of prescription drugs, regardless of […]
Marijuana can reverse brain ageing and memory loss
Using cannabis may help in increasing the nerve cells in the brain which is an important prerequisite for learning ability. SOURCE: THE INDIAN EXPRESS By: PTI | Berlin | Published: May 9, 2017 10:43 pm THC treatment turned back the molecular clock. (Source: File Photo) A low-dose treatment with a marijuana compound can reverse the […]
New Study: Cannabis May Help Treat Type 1 Diabetes, Colitis and Crohn’s Disease
SOURCE: MEDICAL MARIJUANA INC, May 9, 2017 Findings in a new study indicate that the endocannabinoid system plays an instrumental role in maintaining the immunological health of the gut. A new study from researchers at the University of Connecticut School of Medicine has found that cannabinoids are involved in maintaining the health of the digestive […]
Trump makes first statement about medical cannabis as president
SOURCE: Marijuana Business Daily May 5, 2017 Donald Trump made his first statement about medical marijuana as president after signing a $1.1 trillion spending bill that includes a provision providing key protections for legal MMJ businesses. Trump’s statement, however, failed to shed clear light on where his administration stands on marijuana policy, perhaps indicating that […]
Congress Gives Jeff Sessions $0 To Go After Medical Marijuana Laws
It’s the latest sign that a major federal crackdown on state pot laws isn’t likely. SOURCE HUFFINGTON POST By Jennifer Bendery http://www.huffingtonpost.com/entry/jeff-sessions-state-marijuana-laws_us_59077dcde4b0bb2d087023df#
After 3 Years, Feds Back to Tracking Cannabis Markets
SOURCE: GREEN PLANET By Jimi Devine on May 1, 2017 Photo Gracie Malley for Cannabis Now The Substance Abuse and Mental Health Services Administration has decided to resume tracking the marijuana market in the United States, which in their eyes, is still illegal no matter what state you live in. Up through 2014, SAMHSA tracked […]
Colorado Cannabis Sales Up 30% in 2017
By Barry Bard on April 27th, 2017 at 8:25 am | Updated: April 28th, 2017 at 8:16 am SOURCE: MARIJUANA ELEVATED INFORMATION With over three years into adult-use cannabis sales, Colorado’s marijuana industry still sees its stock soaring. Thus far, 2017 combined adult-use and medical cannabis sales in January and February have eclipsed those same […]
AG Jeff Sessions Says He’s “Got His Hands Full” With Bigger Issues Than Marijuana
SOURCE: MARIJUANA ELEVATED INFORMATION By Barry Bard on April 27th, 2017 at 1:11 pm | Updated: April 27th, 2017 at 3:26 pm America’s legal cannabis industry might be able to exhale about the federal government’s hypothetical “greater enforcement” on recreational marijuana. In a Wednesday interview with Chuck Todd on MSNBC’s “Meet the Press,” Colorado Governor John […]
More Than Half of Millennials Will Replace Alcohol with Marijuana
SOURCE: MEDICAL MARIJUANA INC 25 April, 2017 A new report projects that more than half of all American millennials will substitute their intake for alcoholic beverages for marijuana. Findings in a new report indicate that the growing use of cannabis, especially among younger adults, will make a significant impact on the alcohol industry. A California-based […]
Texas advocates push longshot pot bills with veterans, moms
Published April 25, 2017 Associated Press SOURCE: FOX NEWS AUSTIN, Texas – Medical marijuana advocates in Texas are promoting support from more conservative sources to push longshot legislation that would ease pot laws in a state that’s lagging behind much of the rest of the country on medical marijuana. Conservative Christian mothers of autistic children […]
Country’s First “Cannabis Scholarship” Funded By Colorado Pot Tax
SOURCE: MARIJUANA.COM By Barry Bard on April 25th, 2017 at 8:29 am The Colorado cannabis industry’s tax dollars have already been directed toward the state’s public school system and homeless population. Now, higher education has become the latest recipient of Colorado’s cannabis capital. In Pueblo County (Southern Colorado), any graduating high school senior that will […]
Recreational cannabis states prepping for possible federal crackdown
SOURCE: MARIJUANA BUSINESS DAILY April 25, 2017 By John Schroyer California, Colorado and Oregon have begun taking steps to protect recreational marijuana businesses and consumers against a possible federal crackdown under the new Trump administration. Oregon this month approved legislation to shield the identities of marijuana consumers from federal agents. Colorado lawmakers are voting […]
California Set To Harmonize Recreational And Medical Marijuana Laws
This will no doubt have a major impact on how other states — and the country — regulate and tax cannabis. SOURCE: Above The Law – By Hilary Bricken Apr 24, 2017 at 4:20 PM With passage of the Medical Cannabis Regulation and Safety Act (“MCRSA”) in 2015, California took a huge step towards comprehensively […]
Uruguay will start selling marijuana in pharmacies this summer
SOURCE: HER By Niamh Maher From July, Uruguay will become the world’s first country to allow recreational marijuana be sold in pharmacies. This is the last step for the South American country in implementing the production, sale, and consumption of marijuana after it was fully legalised in 2013. Under the law, buyers must sign up […]
Lawmakers attempt to reclassify marijuana
Alexa Block , KREM 9:28 AM. PDT April 10, 2017 (Photo: Vince Chandler, 2016 The Denver Post, MediaNews Group Lawmakers are considering easing the classification of marijuana, which would change the way that marijuana is recognized on a national level. Here in Washington marijuana is a billion dollar industry, but possible new federal laws could […]
$1 Billion In Marijuana Taxes Is Addictive To State Governors
SOURCE: FORBES Debra Borchardt , Contributor I write about retail and cannabis. Opinions expressed by Forbes Contributors are their own. Source: Shutterstock California believes it will get $1 billion in tax revenue from legalized marijuana. States are addicted to cannabis tax revenues. According to a new report from New Frontier Data, states with legalized […]
The Holy Land of Medical Marijuana
SOURCE: USNEWS.COM By Yardena Schwartz | Contributor April 11, 2017, at 11:04 a.m. How a country the size of New Jersey became the epicenter of medicinal marijuana. TEL AVIV — After speaking here last month at a conference devoted to marijuana innovation, Garyn Angel handed out cannabis-infused salad dressing and sauces to people seeking to […]
Marijuana Companies, Soaring in Stock Market, May Tap Bonds Next
SOURCE: BLOOMBERG MARKETS by Allison McNeely April 11, 2017 1:14 PM MDT Medical marijuana companies will likely tap the Canadian bond market to fund growth as investors become more comfortable with the industry and the federal government gets set to legalize the drug by next year. “There would be an appetite for more traditional debt […]
Legal or not, marijuana and edibles should be stored away from kids
SOURCE: AAP NEWS April 3, 2017 Trisha Korioth, Staff Writer Parent Plus Kids might be seeing marijuana in a more relaxed way now that it is legal for people ages 21 and older to smoke or eat it in several states. But the American Academy of Pediatrics (AAP) is urging parents to talk with their […]
DEA Asks Colorado AG’s Office for Info on Marijuana Crimes, “for the new administration”
Source: YAHOO FINANCE By: Paul Ausick 24/7 Wall St. April 2, 2017 Amid speculation about how the Trump administration will confront marijuana legalization in states such as Colorado, a Drug Enforcement Administration supervisor has sent an e-mail to a prosecutor in the state attorney general’s office seeking information, “for the new administration.” The e-mail was […]
7 Marijuana-related Bills Introduced in US Congress
SOURCE: YAHOO FINANCE By: Paul Ausick 24/7 Wall St. April 2, 2017 A total of seven bills that would support the marijuana industry were introduced in Congress last Thursday, three in the Senate and four in the House. The Senate bills were all sponsored by Senator Ron Wyden (D-OR), including one co-sponsored by Senators Rand […]
Marijuana and Denver real estate in 2017, by the numbers Megan Arellano
SOURCE: DENVERITE Megan Arellano Posted on April 2, 201710:18 am Marijuana at Verde Natural’s grow facility. (Kevin J. Beaty/Denverite) Many places across the country are beginning a process Denver is very familiar with: legalizing recreational marijuana. The New York Times took a fresh look at how that impacts commercial real estate Saturday. In the advanced market […]
What’s wrong with medical marijuana?
Posted on April 2, 2017 by Troy Daily News Christina Ryan Claypool – Contributing Columnist Results from a July 2016 Gallup poll “…found that 13 percent of adults in the U.S. report currently using marijuana…43 percent of adults have tried the substance…” Still, that says 87 percent of people have decided that smoking pot isn’t […]
Liquor wholesalers pass on marijuana distribution licenses
SOURCE: THE MIAMI HERALD The Associated Press Liquor wholesalers have been slow to sign on to Nevada’s new legal marijuana market, meaning the state must look elsewhere for marijuana middle-men with recreational cannabis sales slated to start July 1, according to the state Department of Taxation. A notice from the Department of Taxation says that […]
Jerry Jones’s marijuana proposal could save NFL players’ lives
SOURCE: THE WASHINGTON POST By Christopher Ingraham April 3 at 1:58 PM Dallas Cowboys owner Jerry Jones arrives for the opening of the NFL football annual meeting March 26 in Phoenix. (Ross D. Franklin/AP) The owner of the Dallas Cowboys said in a recent meeting of NFL owners that the league should “drop its prohibition on […]
John Oliver Explains Why Conflicting Marijuana Laws in the U.S. Justify Your Weed-Induced Paranoia
SOURCE: Slate’s Culture Blog April 3 2017 12:37 PM BY: Marissa Martinelli John Oliver returned on Sunday with a segment that’s going to get a lot of people reaching for the air freshener. Though research suggests that marijuana isn’t as dangerous as other drugs—even legal ones like alcohol and tobacco—it’s still considered a Schedule I […]
Denver marijuana industry is eating into area’s restaurant jobs
SOURCE: FOX NEWS Published March 31, 2017 – FOXNEWS.COM Denver restaurateurs claim they can’t compete with higher-paying jobs at pot dispensaries. (Reuters) The population of Denver has been steadily growing over the past few years, but not enough of its new inhabitants want to work in the restaurant industry. The reason? The higher-paying jobs are […]
Federal Lawmakers Seek To Regulate Marijuana Like Alcohol
SOURCE: THE FRESH TOAST By: Mike Adams Mar 31, 2017 Federal lawmakers are asking Congress to support bills aimed at establishing a nationwide marijuana market. Photo by Peter Heeling via Skitterphoto A group of federal lawmakers marched up to the steps of Capitol Hill earlier this week asking the Congressional majority to support a couple […]
8 States That Will Make Millions Taxing Marijuana
SOURCE: YAHOO FINANCE Samuel Stebbins 24/7 Wall St.March 31, 2017 Legislation to regulate and tax marijuana sales in a manner similar to alcohol was introduced this month in the U.S. House of Representatives. While such legislation would be a first for the federal government, several states either already are, or soon will be, collecting millions […]
Marijuana businesses form coalition to defend against federal intervention
SOURCE: GAZETTE TELEGRAPH By: Joey Bunch, ColoradoPolitics.com March 27, 2017 Updated: March 27, 2017 at 1:04 pm A new national coalition of businesses in the legal marijuana trade plans to fight federal efforts to intervene in states’ regulation of cannabis. The chairman of the New Federalism Fund is Neal Levine of Boulder, senior vice president […]
Legalized marijuana lowers opioid abuse, study shows
Source: WCH6-Portland by: ELLE OUSFAR and NBC NEWS , WCSH 8:27 AM. EDT March 28, 2017 Photo: NBC NEWS PORTLAND, Maine (NEWS CENTER) — 91 Americans die each day from opioid abuse. Is there hope for the Opioid epidemic? After legalizing recreational Marijuana in January, Mainers may have a pot to stand on. A professor of […]
Colorado weighs strategy for guarding against pot crackdown
By kristen wyatt, associated press DENVER — Mar 25, 2017, 10:33 AM ET FILE–In this Friday, Dec. 9, 2014, file photograph, Matt Hart holds up a bud of Lemon Skunk, the most potent strain of marijuana available at the 3D Dispensary in Denver. A bill making its way through the Colorado legislature may allow recreational […]
Marijuana News Roundup: No State Wants to Be Left Behind in Pot Legalization
source: YAHOO FINANCE AUTHOR: Paul Ausick 24/7 Wall St. March 12, 2017 Whether or not California’s recent approval of recreational marijuana is the catalyst, there are as many as 17 other states looking seriously at legalizing pot for fun. Essentially, state legislators see money lying on the ground and they want to pick some of […]
‘Fake Weed’ Linked to More Risk-Taking Than Real Marijuana
SOURCE: LIVESCIENCE By Stephanie Bucklin, Live Science Contributor | March 13, 2017 03:41am ET Credit: Creative Family/Shutterstock Teens who use “fake weed,” or synthetic cannabis, may be more likely to engage in risky behaviors than those who use only marijuana, a new study finds. High school students in the study who used synthetic cannabinoids had […]
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