Medical Cannabis News

Synonyms: 
mmj
Tue
10
Mar

Is marijuana a new growth industry for Ohio?

Ian James, architect of a proposal to legalize pot in Ohio, said it stemmed from a simple notion: "Let's take this from the tie-dye to the suit-and-tie approach to marijuana."

James, CEO of the Strategy Network, a Columbus political consulting firm, turned to Cincinnati lawyer Chris Stock for help. Would Stock draft a proposed amendment to the Ohio Constitution that would outline how pot would be regulated for personal and medical use? "I've never used marijuana in my life," Stock told James. "I'm not sure I want to be involved." But he relented.

Tue
10
Mar

Pot power a pricey concern for Vegas’ medical marijuana industry

Early last year, the broker for a 100,000-square-foot warehouse near Las Vegas called the power company to find out how much juice the building would need.

Longtime NV Energy executive Arnold Lopez went out to meet a group on the site and asked what kind of business they planned.

After some hesitation, they told him: medical marijuana cultivation.

Lopez asked questions and started doing some quick math. And, as he recalled, “All of a sudden I came up with numbers I’d never seen before.”

That single marijuana-growing operation, he estimated, could require 5 megawatts of capacity — enough to power 1,000 homes. That’s about 5 percent of the capacity of an entire substation.

Tue
10
Mar

Sens. Booker, Gillibrand and Paul unveil federal medical marijuana bill

A historic Senate medical marijuana bill unveiled Tuesday would dramatically reshape the landscape for the plant, nearly 80 years after it was effectively criminalized.

The bill, introduced by Sens. Cory Booker (D-N.J.), Kirsten Gillibrand (D-N.Y.) and Rand Paul (R-Ky.), would end the federal prohibition on medical marijuana and eliminate the ambiguity surrounding related state laws. It would untie the hands of veterans’ doctors when it comes to recommending the drug and bankers when it comes to providing business services to the industry. It would also facilitate very limited inter-state trade, expand research and shift marijuana out of the most severe category in the federal government’s drug classification.

Tue
10
Mar

Minnesota medical marijuana manufacturers prepare for business

Minnesota medical marijuana manufacturers have lined up several dispensary sites throughout state and are set to have the first harvest over the next few weeks.

In Minneapolis, construction is under way on the city's first dispensary — a standalone 100-year-old downtown building that once housed the League of Catholic Women. This summer, it is expected to be one company's flagship dispensary.

The state Department of Health has approved two manufacturers, LeafLine Labs and Minnesota Medical Solutions, also known as MinnMed, to grow, process and sell medical cannabis in pill or oil form to Minnesotans starting July 1.

Tue
10
Mar

Medical marijuana on the table for epileptic children

The Children’s Memorial Health Institute in Warsaw has started using medical marijuana to treat nine children with extreme cases of epilepsy, with doctors praising initial results.

Tue
10
Mar

Cannabis Study: Full-Spectrum Cannabis Extracts More Medically Effective than CBD Alone

Cannabidiol (CBD) has been the focus of many medical cannabis studies, and continues to prove itself as a powerful anti-inflammatory drug. What makes CBD even more desirable for some patients is that it does not cause the psychoactive effects associated with tetrahydrocannabinol (THC).

Tue
10
Mar

The medical marijuana business could save Native American reservations

At the very first Tribal Marijuana Conference held last weekend in Tulalip, WA, the former chairman of the Moapa Paiute tribe, William Anderson, tall and dignified and walking with a cane, explained to me what brought him: “I was just laying in bed in pain. I couldn’t get up, I couldn’t get up to go to the bathroom or go to the kitchen because I was in so much pain.”

An infection in his foot had spread to his spine and deteriorated the bone, exposing nerves. Doctors replaced the bone with titanium steel. For two years, the infection, even with prescription creams and antibiotics, kept coming back. The Indian Health Service recommended amputation of his foot.

Tue
10
Mar

Senators Introduce Historic Bill to Allow Medical Marijuana

A bipartisan group of three Senators will introduce a historic bill Tuesday that could end the federal ban on medical marijuana, a substance that 23 states have now legalized.

The plan sponsored by Republican Senator Rand Paul and Democratic Senators Cory Booker and Kirsten Gillibrand would “allow patients, doctors and businesses in states that have already passed medical-marijuana laws to participate in those programs without fear of federal prosecution,” according to a statement the three Senators released Monday.

Tue
10
Mar

How an advertising company put a 'marijuana cookie' on your computer to get weed legalized

If you’re reading this, there’s a good chance you have a cookie on your computer or your smartphone that says how much you like weed—or at least how you feel about the idea of weed being legalized.

Tue
10
Mar

The 10 Most Important Companies in the Marijuana Industry

Whether it was the end of prohibition, the start of the biotech revolution or the explosion of growth tied to the first decade of the Internet, a new set of companies and powerhouses have emerged as clear winners that went on to ultimately dominate their industries. Many investors and many speculators are betting that the field of medical marijuana and legalized marijuana or cannabis will be the next multibillion dollar frontier creating waves of new millionaires.

With states being the key regulatory and driving force of the cannabis industry, there are many businesses that are anxious to jump on this green wave. The website Cannabis Business Executive (CBE) has featured what it feels are the 10 most important companies in the cannabis industry today.

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