United States

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Mon
13
Apr

SB 941 closes marijuana-user gun purchase loophole

Sen. Floyd Prozanski (D-Eugene) & Sen. Ginny Burdick (D-Portland) are pushing a bill that will close a loophole for Oregon marijuana users looking to buy firearms.

The bill, SB 941, will expand background checks required for most personal sales of firearms. The bill requires people selling a gun to go to a gun dealer and request a background check on the person they want to sell the gun to. As part of that background check, the person wanting to buy the gun will fill out ATF Form 4473.

Mon
13
Apr

MD Lawmakers Repeal Prohibition On Marijuana Paraphernalia

ANNAPOLIS, Md. (AP) — It would no longer be a crime to possess marijuana-related paraphernalia in Maryland, under a bill approved by the Maryland General Assembly.

The House of Delegates voted 84-52 on Saturday for the Senate bill, sending it to Gov. Larry Hogan.

Maryland decriminalized possession of less than 10 grams of marijuana last year. That made it a civil offense rather than a criminal one.

However, lawmakers didn’t do the same thing for paraphernalia like pipes, so the bill was introduced this session.

The measure also makes smoking marijuana in public a civil offense, punishable by a fine of up to $500.

 

Mon
13
Apr

Is marijuana a new growth industry for Ohio? (Video)

The UpTake: Legalizing marijuana could result in a $4.1 billion Ohio industry by 2020. Those are serious numbers for those advocating for the state to join the ranks of those that already permit pot.

I an 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.

Mon
13
Apr

Medical marijuana rush targets Lower Hudson Valley

Health care leaders and entrepreneurs are competing for five licenses to grow and sell medical marijuana in New York as patients seek improved access to the drug

A $10 million construction project tied to selling medical marijuana to Lower Hudson Valley patients is unfolding about 60 miles northwest of White Plains.

Valley Agriceuticals, a company started by a team of health care and cannabis industry leaders, wants to build a marijuana grow facility in Wallkill, a farming community of about 29,000 people in Orange County.

Mon
13
Apr

Should You Buy Marijuana Stocks Right Now? A Legal Expert Weighs In

A recent report by The Arcview Group showed that legalized marijuana is now the fastest growing industry in the U.S., posting a whopping 74% growth rate in 2014. Despite a widespread movement to legalize marijuana for both medicinal and recreational purposes across the country, though, the industry still faces some serious challenges on the legal front that investors need to understand. 

So, to give investors a deeper look at some of the more pressing legal issues, I spoke with a leading expert on medical marijuana, Aaron Lachant -- an attorney with the healthcare specialist law firm Nelson Hardiman LLP.

Mon
13
Apr

MassRoots app earns first IPO for marijuana industry

Weed has gone public.

A social network platform for cannabis users, MassRoots, on April 9 secured the first initial public offering for any company with ties to the marijuana industry. The 2-year-old Denver-based startup is valued at $45 million, with stock now traded publicly through the OTC Markets Group marketplace at 10 cents per share.

Mon
13
Apr

Will Big Tobacco become Big Marijuana?

DENVER — While federal law makes their entire industry illegal, many marijuana store owners, growers and retailers fear something completely different: Big Tobacco.

Today, most legal recreational marijuana operations are small, limited to a single state and barred from ever getting large by regulators who want to keep a close eye on the fast-growing industry. But those small operators struggle to get bank loans for expansion, often produce an inconsistent product and sometimes have no idea how to balance supply and demand for their crops.

Mon
13
Apr

Medical-marijuana views aired at Fayetteville forum

FAYETTEVILLE -- A panel discussion on medical marijuana offered Fayetteville City Attorney Kit Williams a chance to describe his wife's personal story of how the drug helped her while she underwent chemotherapy treatments for cancer.

But the panel at the Arkansas Health Disparities Conference at the University of Arkansas at Fayetteville also gave a Little Rock doctor, David Smith, a chance to express his concerns about the chemicals in marijuana.

Williams said his wife, Emily, suffered greatly from nausea while being treated for lymphoma, a type of cancer.

But once she began using marijuana, "the pain that she had been feeling, the nausea that had been wrecking her system, started going away almost immediately," Williams said.

Mon
13
Apr

Marijuana legalization ballot drive launched in Michigan

Michigan would legalize the use of marijuana for recreational use under the wording of a proposed ballot initiative submitted Thursday, the first of what could be competing legalization efforts.

If authorized by the Board of State Canvassers, the Michigan Cannabis Coalition's initiated law would require roughly 252,000 valid voter signatures before going to the Republican-led Legislature. If lawmakers rejected the bill or took no action, it would receive a statewide vote in November 2016.

The initiative is being backed financially by six to eight anonymous people from the agricultural, real estate, insurance and education sectors, said the ballot committee's spokesman, Matt Marsden. Donors will have to be identified later in campaign finance reports.

Mon
13
Apr

Canadians have fewer legal marijuana options than Americans

Canadians buying legal marijuana have a much slimmer selection than their American counterparts. That’s because Health Canada-licensed producers are allowed to sell only dried cannabis through the mail to registered patients and must stay away from “edibles” or other forms of the drug that are regulated south of the border.

However, like medicinal and recreational pot sold in Washington State, Canada’s 17 licensed producers offer dozens of strains of dried leaves that help patients treat a range symptoms. Canadian producers must also display the potency of the batch’s tetrahydrocannabinol (THC) and cannabidiol (CBD) content, as enforced under the federal Ministry of Health’s current Marijuana for Medical Purposes Regulations.

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