Texas

Fri
06
Apr

Alleged bogus cryptocurrency and marijuana trading operation hit by Texas regulator

An alleged bogus trading operation offering 8 percent weekly returns linking cryptocurrency and medical marijuana was hit by a Texas regulator Thursday.

The Texas Securities Board filed a cease and desist order against Mark Moncher for allegedly trying to sell unregistered securities through his Financial Freedom Club also known as Millionaire Mentor University.

 

But hours after the order was issued, www.millionairementoruniversity.com was still online. In its order, the Texas regulator cites wording from the website saying its investors are getting an 8 percent return on their money weekly.

Wed
14
Mar

Are child protective services changing their minds about cannabis consumption in families?

A Texas case involving an autistic teenager's use of medical marijuana shows a shift in ideology.

In Texas recently, a family was brought to court for using cannabis to treat their 18-year-old daughter Kara Zartler with severe autism. While the issue of parents and children using medical marijuana and facing state Child Protective Services (CPS) is a concern for families nationwide, this particular case was unique because the child was not a minor.

Fri
09
Mar

Texas doctor warns marijuana lowers IQ, damages brain—research shows he's wrong

This summer, Oklahomans will have the chance to vote whether or not they would like to legalize medical marijuana. Recently, an addiction psychiatrist from Texas spoke with the Oklahoma Medical Board about the dangers of this drug. However, his claim that marijuana lowers IQ seems to be debatable.

Fri
02
Mar

Coach rejects Colorado prospect due to state's marijuana laws: 'Thank your liberal politicians'

Texas Wesleyan, an NAIA school in Texas, said in a statement Wednesday that it is investigating a "personnel matter" involving its baseball coach, former major-league pitcher Mike Jeffcoat, after an email he sent a recruit earlier this month.

Jeffcoat told a Colorado high school prospect that the school had chosen not to recruit from the state because its past players from Colorado "had trouble passing our drug test" — an apparent allusion to the state's legalization of recreational marijuana.

Mon
05
Feb

Medical cannabis dispensaries are opening in Texas, but the newly legal oils still aren't easy to procure

The state has approved three dispensaries to provide cannabis oil to seizure patients. But with only 17 doctors able to prescribe it, the oils still can be tough to secure. 

Modern medicine has helped Laura Campbell’s 27-year-old daughter, Sierra, fight off many of her persistent seizures. At her peak, Sierra suffered from more than three seizures a day. Now, she's down to one or two per month.

But the gains come with their own frustrations.

“She takes five pills twice a day, plus more if she needs an emergency supplement in case of a seizure. It damages her brain every time she has [a seizure]. Her IQ has gone down and her neurological functions are suffering,” Campbell said, trailing off between tears. “With every seizure she has, it just gets worse for her.”

Tue
23
Jan

Harvest day arrives for a Texas Medical Marijuana company

“When we got our provisional license on May 1, we basically won that provisional license on an application that was just 300+ pages of dreams,” Compassionate Cultivation CEO Morris Denton tells me Friday morning, standing outside one of the flower rooms at CC’s medical marijuana facility. There’s an excitement in the air as CC”s cultivation team moves back and forth from the room to a nearby scale, making notes on the company’s first harvest, a little over two and a half months after their first planting.

Mon
18
Dec

Cautious Texas among last states to OK medical marijuana

When California rings in the new year with the sale of recreational pot for the first time, Texas will be tiptoeing into its own marijuana milestone: a medical cannabis program so restrictive that doubts swirl over who will even use it.

Texas is the last big state to allow some form of medical marijuana, albeit an oil extract so low in the psychoactive component, THC, that it couldn't get a person high. Though it might seem that Texas policymakers have softened their attitude toward the drug, bringing them more in line with the U.S. population as a whole, they have not. A joint could still land you in jail in Texas, and the state's embrace of medical marijuana comes with a heavy dose of caution.

Fri
01
Dec

Texas' medical cannabis program kicks off in January — But it's no green rush

Texas' Compassionate Use Act is a limited medical marijuana program, allowing only patients with epilepsy to purchase CBD products, and the cannabis community isn't happy about it.

Medical marijuana is due to go on sale in Texas by the beginning of 2018, but this for sure is no Green Rush. Texas' Compassionate Use Act, passed in 2015, will only allow CBD formulations to be sold exclusively to patients with intractable epilepsy. Cannabis flower is prohibited under the program, and products may contain no more than .5 percent THC. Meanwhile, only three companies are licensed to grow and sell cannabis (from one vertically-integrated facility each) to serve an estimated 150,000 epilepsy patients throughout the state.

Tue
21
Nov

Medical marijuana in Texas: What you need to know

In compliance with the Compassionate Use Program, the first dispensary will soon open in Schulenburg, Texas.

Knox Medical officials said the Department of Public Safety makes weekly inspections as they prepare to open.

Founder and CEO of Knox Medical, Jose Hidalgo, said they chose Schulenburg because it is almost right in the middle of San Antonio, Austin and Houston. They are on schedule to begin deliveries next month.

“We'll go to the major treatment centers and talk to the physicians and find out, 'Do any of your patients qualify for medical cannabis?’” Hidalgo explained.

What will they be licensed to make?

Thu
16
Nov

Medical marijuana weeks away from being sold in Texas

Texas is weeks away from the first legal sale of medical marijuana.

Two years after lawmakers legalized the drug for epilepsy patients, the state has licensed a company operating as Knox Medical to dispense the drug.

CBS11 travelled to Winter Garden, Florida, where the company has already broken ground as one of the first medical marijuana dispensaries there.

“I never thought in a million years, I’d be growing marijuana,” admits Bruce Knox, the company’s COO and chief cultivation officer.

A half hour’s drive from Disney World, hundreds of marijuana plants are growing in the greenhouse he oversees.

“I grew up extremely… with conservative values, and I’d never even seen a cannabis plant prior to getting into this,” said Knox.

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