Tag: cannabis law

22
Jun

Today in Cannabis

The latest trend following the infusion of oils with cannabis, has been the implementation of comprehensive spa treatments.

(http://bit.ly/1lh7HO7)


 

Proposed changes to New Mexico’s current medical cannabis policies would allow for expansion and more reliable access to medicine for a growing number of patients.

(http://bit.ly/1maTT7X)


 

Floridans will have a chance to decide in November if the recently approved ‘Charlotte’s Web’ legislation will be expanded to include all forms of the whole cannabis plant.

(http://bit.ly/1l1uTv6)

09
Jun

Co-Ops for Grow-Ops

As cannabis is still only legal in 22 states and the District of Columbia, federal banks have avoided dealing with cannabis businesses in order to stay out of federal courtrooms. This is one of the industry’s largest pitfalls; the lack of financial regulation, combined with the (now federally-recognized) tolerance of the industry, has fostered circumstances which leave much to the imagination about how cash is handled once transactions are complete.

The ultimate solution is still up for debate, however the first break for establishments in CO was signed into law by Governor John Hickenlooper on Friday: HB 1398. The bill allows for the formation of what it refers to as “marijuana financial service cooperatives” or “credit co-ops”. Dispensaries currently operating as cash-only businesses, suffer due to increased costs of business and risk for criminal activity (due to “large amounts of cash on the premises”).

(http://www.cbsnews.com/news/colorado-agrees-to-cannabis-credit-co-ops/)

01
Jun

Today in Cannabis

Republican Governor Terry Branstad signed a bill, the Medical Cannabidiol Act (SF 2360), allowing regulated CBD medications for children in Iowa. As the medical potential for CBD raises attention across the nation, parents in need of new options for their children are pressing lawmakers to get bills like the Medical Cannabidiol Act signed in their respective states.

Pictured above is Jayden David; he has a severe seizure-causing disorder called Dravet syndrome. His father was one of the first people to publicize this controversial, but ultimately life-saving, decision to treat his son with CBD oil extract. Their story has become synonymous with the success of CBD treatment, and can be followed on their Facebook page: Jason and Jayden’s Journey.

(http://www.desmoinesregister.com/story/news/politics/2014/05/31/branstad-cannabis-oil-extract-purchase-medical-marijuana-bill-sign/9803849/)

28
May

Back on Schedule

Virginia congressman Morgan Griffith presented HR 4498 earlier this month. “The Legitimate Use of Medicinal Marijuana Act” aims to federally reclassify cannabis from Schedule I to II. Before considering the disproportion related to legal consequence, only substances which have no medical value are placed under Schedule I; the key to this bill is security for medical establishments on a federal level.