United States

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Fri
22
May

Marijuana legalization: good or bad for Ohio businesses?

CLEVELAND, Ohio – The marijuana legalization debate is most often expressed as a social or moral issue.

But the forum, "Marijuana Legalization: Will Your Business Be Impaired?" at the Greater Cleveland Partnership forum Thursday framed the debate as a workplace and workforce issue. The organization hasn't taken a position on legalization, but held the event to expose the local business community to all sides of the issues, said Joseph Roman, the GCP's president and chief executive officer.

Thu
21
May

Social media sites block Connecticut marijuana ad

MANCHESTER — A Connecticut advertising firm owner says his Facebook account is currently banned from posting videos because of an ad about medicinal marijuana he tried to post last week.

Kyle Reyes of the Silent Partner Marketing said the video was educational and not meant to sell cannabis on behalf of his client, Arrow Alternative Care.

“It was a series about Canna-Ed, about the education and the benefits of medical marijuana,” Reyes said. “It’s actually videos that the state had already approved and said, ‘You guys can go ahead and market these on social media.'”

But Reyes said when he attempted to upload a Canna-Ed video last week, Facebook blocked it.

Thu
21
May

Did GW Pharmaceuticals (GWPH) Just Destroy the CBD-Product Industry?

The Food and Drug Administration (FDA) announced that products which contain cannabidiol (CBD) cannot be sold as dietary supplements. The agency, however, left open the possibility that would it consider contrary evidence.

The FDA’s website provides questions and answers pertaining its policies on marijuana (link is attached below). The way the questions were written provides avenues for addressing the agency’s view and for showing that cannabis-derived products that contain cannabidiol can be sold as a dietary supplement.

FDA says you cannot introduce substances undergoing clinical testing in a dietary supplement

Thu
21
May

Anchorage Assembly chair wants to treat marijuana smoke like tobacco smoke

Anchorage Assembly Chair Dick Traini is proposing to treat marijuana smoke like tobacco smoke when it comes to public facilities, workplaces and schools.

A measure that Traini plans to introduce next week at the Assembly meeting would incorporate marijuana and marijuana products into the city’s secondhand smoking law. That means smoking marijuana would not be allowed in public places, workplaces, child care centers, outdoor arenas, stadiums and amphitheaters and municipal facilities, including schools.

People also would not be allowed to smoke within 5 feet of the entrance to a place licensed to serve alcohol, or within 50 feet of a hospital or medical clinic entrance.

Thu
21
May

Florida: UF working on state funded research on low-THC medical marijuana

The University of Florida is moving forward with two state-funded research initiatives on low-THC medical marijuana systems lawmakers approved in 2014.

This week, the Florida Department of Health announced its approval of $1 million for a team led by UF Health Shands pediatric neurologist Dr. Paul Carney to treat up to 50 children who have drug resistant epilepsy with a minimal-THC content, cannabidiol-rich oral solution called Epidiolex.

That study will recruit participants in Gainesville and across the state at several other hospitals and focus on children ages 2-16 whose seizures have not been controlled by other anti-epileptic drugs.

Thu
21
May

OXIS Conducting a Reverse Split to Meet NASDAQ Listing Requirements? Wishful Thinking!

Yesterday, Oxis International Inc. (OXIS) filed an information statement stating that its shareholders approved a reverse stock split at a ratio to be decided by the company’s board of directors. The reverse split will not be less than 1-for-50 and it will not be more than 1-for-250. The company’s primary reason for the reverse split is to become listed on the NASDAQ

Thu
21
May

Bernie Sanders Talks Marijuana On Reddit, Hints At Legalization Support

Bernie Sanders has not thrown his support in favor of fully legalized marijuana just yet, but dropped a lot of hints during a question and answer session on Reddit.

Sanders did say that he supports the decriminalization of recreational marijuana in his home state of Vermont. He also gave insight into the priority of arresting people for use of the drug while he was mayor of Burlington, VA.

“When I was mayor of Burlington, in a city with a large population, I can tell you very few people were arrested for smoking marijuana. Our police had more important things to do.”

Thu
21
May

The Marijuana Economy Is Coming Out of the Shadows

Expanding the cannabis market will require not just drug reform legislation, but also a consistent infusion of capital.

The convention floor at Denver Airport's Crowne Plaza on a recent afternoon could have been the trade show for any well-established industry -- gray-haired execs in conservative suits mingling with office park dads in polos and fresh-out-of-college types in brand-emblazoned T-shirts. Only this is a new kind of business conference with a special Colorado theme: legal weed.

Thu
21
May

The University of Colorado will Change the World through its Hemp Research Program

Colorado has not only been at the forefront of the marijuana revolution through the state’s efforts to legalize recreational marijuana, but Colorado is also a leader in industrial hemp research. The University of Colorado Boulder has scientists studying industrial hemp for research purposes.

These efforts are being led by Nolan Kane, a geneticist who specializes in evolutionary biology. Right now, Kane is only allowed to grow strains. The rest of his research material is cannabis DNA, which is supplied by Colorado growers who extract it using methods he’s taught them.

Thu
21
May

Pioneer Pot States Did The Right Thing, Polls Show

Support for legalized marijuana seems to be growing in Colorado and Washington state, which became the first U.S. states to regulate the weed for recreational use two years ago.

A survey released Wednesday from Democratic-leaning Public Policy Polling shows that 56 percent of voters in Washington state approve of their state's recreational marijuana laws, while 37 percent are opposed. The opposition is lower than that in the 2012 vote to approve legalization, in which 56 percent supported the measure, and 44 percent disapproved.

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