Medical Cannabis News

Synonyms: 
mmj
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.

Tue
10
Mar

Marijuana Startups Strike Gold With Legal Weed, The Fastest Growing US Industry

Entrepreneurs in the legal weed industry are seeing green not just in their products, but in their profits. Startup companies selling everything from portable smoking devices like vaporizer pens to more efficient watering systems and state-of-the-art LED lighting panels for growers are proving that there’s money to be made in legal weed.

"Under full legalization, this could be a $36 billion industry," Troy Dayton, chief executive of ArcView Group, a San Francisco-based investment and research firm focused on the cannabis industry, told CNN Money. Most people opening legal marijuana businesses aren’t becoming growers -- that requires a special skillset. "It's like with the Gold Rush. It's a great time to be selling picks and shovels, instead,” Dayton said.

Tue
10
Mar

Canadian Centre for Addiction and Mental Health pushing for regulated marijuana legalization

The time has come for the Canadian government to legalize marijuana.

That's the stance championed by the Centre for Addiction and Mental Health through a policy statement on cannabis use released by the organization in the fall of 2014.

While the health risks associated with the use of cannabis products are impossible to ignore, CAMH says, the Toronto-based teaching hospital and research centre is calling for the legalization of the drug in Canada with strict regulations to control distribution.

Mon
09
Mar

Utah Senate votes down medical marijuana bill

Utah's Republican-controlled Senate rejected a bill Monday night allowing those with chronic and debilitating diseases to consume edible medical marijuana products.

Senators voted 15-14 against the proposal, citing concerns about unintended consequences and trouble with the language that they said needed to be studied later this year.

Saratoga Springs Republican Sen. Mark Madsen sponsored the bill, which would have forbidden the smoking of marijuana but allowed businesses to grow marijuana and sell pot-infused products such as brownies, candy and lozenges.

Mon
09
Mar

Families keep close eye on medical marijuana debate

Matt Phillips said that when his daughter Lillie Reese was born two and a half years ago, everything seemed fine.

“She was a perfectly normal, perfectly healthy baby ... until she was four months old. She stopped smiling,” he said. “She stopped laughing. She stopped rolling over. She just stopped developing.”

Doctors performed numerous tests and found she was suffering from a type of epilepsy called infantile spasms.

“Basically, her brain was being scrambled, and she was having seizures. Twenty-four hours a day,” Phillips said.

“Her brain is structurally normal. Usually, when children have infantile spasms they find brain malformations or lesions or some sort of brain injury,” Phillips said. “But they don’t know why she is having them.”

Mon
09
Mar

Canada’s Broken Coast Cannabis to list on Australian Stock Exchange ASX

Hot on the heels of landmark drug law reforms in NSW a struggling local gold prospector Capital Mining has struck a deal to reinvent itself as $25 million Australian-listed, Canada-based, medical marijuana company.

Broken Coast Cannabis will become the second legal weed business to trade on the Australian Securities Exchange.

The medical marijuana industry has boomed in North America and Europe over the past few years as more jurisdictions have legalised it, and is now a budding sector in Australia ahead of expectations for local law reform.  

"Our experience in Canada has shown us that being in the forefront of this new and fast-growing industry is key," Broken Coast Cannabis co-founder and general manager John Moeller said.

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