Cannabis-related companies you should acquaint yourselves with: Surna Inc. (OTC: SRNA), Medical Marijuana Inc. (OTC: MJNA), Hemp, Inc. (OTC: HEMP), Cannabis Science, Inc. (OTC:CBIS) and Nuvilex, Inc. (OTC: NVLX). These companies are experiencing wide profit margins and have positioned themselves to seize market capitalization as it unfolds in the coming years.
Medical marijuana helps 8-year old Forrest Smelser overcome epilepsy. His use of cannabidiol has almost erased the threat of seizures without causing all the harmful side effects associated with his previous usage of pharmaceutical drugs.
Breaking news: First banking operation established specifically for the cannabis industry has gained approval in the state of Colorado.
Andy Ashcraft makes a miraculous recovery from mesothelioma, the most deadly of all asbestos-related cancers, and attributes the miracle to cannabis oil. Ashcraft was on the verge of death when his wife, Ruth, insisted that his doctors administer the un-FDA approved cannabis oil as a last-resort treatment; in the 12 months since Andy is back in full spirits and his latest CT scan showed he has no sign of tumor growth. In addition, Andy grew strong enough to have a much needed surgery performed. Currently, Andy is taking no pharmaceutical drugs.
A young man, Jason Collins of Codford, England, pleads guilty to production of cannabis and possession of cannabis with intent to sell; Judge Christopher Harvey Clark hands down a heavy sentence of attending horticulture college. College should help change Collins’ impression of marijuana.
Extra Extra: Congressmen, including Rep. Jared Polis of Colorado, of states who have legalized marijuana are vocalizing their belief that other US Congressmen should not stand in the way of growing American consent. Polis says he has Congressmen backing him on bills that would allow dispensaries to deduct businesses expenses from their taxes and open banking accounts.
Nichole Montanez, a photographer, is a year into her ‘Faces of Cannabis’ project; its aim is informing the public on the benefits of using cannabis oil to treat children with narcolepsy. By attaching the face of a child to the marijuana legalization effort, Montanez’s project has powerful potential to change the public’s perception of marijuana.
Today we honor the life of Patricia Tabram, an English woman who repeatedly and openly stood up for her right to possess marijuana and consume marijuana-laced casseroles; she represented the Legalise Cannabis Party in the 2005 general election and even served 10 months in jail for possession at the age of 66.
University of British Colombia Okanagan and Tilray, a Canadian cannabis producer, to partner and conduct clinical trials aimed at determining whether medical cannabis is a viable treatment for Post-Traumatic Stress Order; it is the world’s largest mobilization of its kind and a sign that the health disorder is a serious and growing concern for people around the world.
Cannabis Kinetics, a cannabis management company, is excited with what the future holds in store after Alaska, Oregon, and Washington D.C. legalize recreational marijuana; CEO Eric Hagen says the recreational marijuana market effectively grew by 40% overnight.
Citizens in Arkansas are pushing forward an initiative that would legalize all aspects of cannabis production and consumption in their state; recently, the wording of their constitutional initiative received approval from Arkansas Attorney General Dustin McDaniel.
Those against mass incarceration for drug offenses receive good news; billionaire investor George Soros’ Open Society Foundations creates a $50 million grant for the American Civil Liberties Union to pursue their objective of reformed drug legislation. Who says money can’t buy happiness?
A bag of marijuana found in a 1-year old girl’s diaper, which begs the question: Doesn’t that baby know she’s in Michigan, not Colorado?
Palm Beach Vapors, an e-cigarette company based in Tulsa, is looking to expand into the cannabis oil market; CEO Chip Paul believes Americans will continue shifting their consumption habits toward cannabis oils and waxes as a healthier alternative to traditional smoking.
An English youth, who said he needed money in order to buy his grandparents a new kitchen, was sentenced to 10 months in jail for agreeing to let marijuana growers use his property for the production of marijuana. Moral of the story; nothing good can come from buying your grandparents a kitchen.
Montreal set to open its first marijuana clinic; the clinic will not sell marijuana but rather will educate people on the most optimal strains and method to smoke in order to combat their particular illness.
New York legislatures have passed “The Compassionate Care Act”, allowing the states’ citizens legal access to cannabis-based medicines.
The National Cannabis Industry Association (NCIA) has attracted national attention preparing for Denver’s Cannabis Business Summit, scheduled for June 24th & 25th.
The latest trend following the infusion of oils with cannabis, has been the implementation of comprehensive spa treatments.
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.
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.
Ambiguity in cannabis laws causes confusion for Colorado businesses. Legal purchasing begs the question, where exactly can consumers smoke?
The crime rate in Denver has significantly declined since legalization. Still, robberies target dispensaries due to large amounts of cash on the shops’ premises. Since cannabis is still federally illegal, the new outcry of injustice is directed at the Federal Reserve. Once cannabis commerce is embraced federally, there will be much less incentive for these crimes.
As cannabis commerce grows exponentially, ancillary business opportunities naturally appear. Food safety has been the talk recently; as the edible industry gains popularity, people want to know more about how products are infused and where ingredients come from…beyond the medicine they contain.
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”).