United States

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Tue
18
Aug

MS patients may someday find relief in marijuana chewing gum

Patients can smoke it, eat it and soon, they may be able to chew it.

Cannabis-focused biotech company AXIM Biotechnologies AXIM, -92.56% last week said it launched clinical trials on humans for medical cannabis chewing gum as a treatment for multiple sclerosis. The gum, MedChew RX, contains 5 milligrams of cannabidiol — a non-psychoactive component of cannabis — and 5 milligrams of THC — a psychoactive cannabinoid.

Tue
18
Aug

The Human Endocannabinoid System

The Human Endocannabinois System

Every species within the animal kingdom, contains the Endocannabinoid System (ECS), except for insects.

The ECS was named after cannabinoids, which are found abundantly in cannabis as well produced naturally within the human body.

Research conducted on cannabinoids such as THC, CBD, CBG and CBC that are produced by cannabis lead to the discovery of the Endocannabinoid System (ECS).

Tue
18
Aug

Weekly US Cannabis Spot Price Report

Cannabis Benchmarks reports U.S. spot price index is up fractionally to $1,709 this week.  The standard deviation of the non-volume weighted prices was $317, with 68% of transactions falling in the $1,493 to $2,127 per pound range.  

Transactions were as low as $1,400 per pound in both California and Colorado, and as high as $2,700 per pound on the east coast and $2,800 in the Midwest.

 

December Forward –  up $35 to $1,385 per pound.

Tue
18
Aug

Salveo Capital's Alex Thiersch To Speak At Cannabis World Congress & Business Expo In Los Angeles

Alex Thiersch, one of Salveo Capital's managing principals, will be speaking at the Cannabis World Congress & Business Exposition in Los Angeles on September 18. His talk, “Branching Out From Counterculture,” will focus on why and how the cannabis industry should move into the mainstream.

Mon
17
Aug

Inside the strategy to legalize pot across the U.S.

Advocacy groups have poured millions of dollars into legalizing both recreational and medical marijuana in states across the country.

One of the most powerful and influential groups – Washington, D.C.-based Marijuana Policy Project – was behind successful recreational measures in Alaska and Colorado, two of four states that now allow recreational use. MPP organizers hope to replicate those efforts in five other states during the 2016 elections, an undertaking they say will – if successful – prove significant for the effort to end marijuana prohibition.

Mon
17
Aug

Target of medical marijuana raid: 'I feel like I have been raped'

APACHE COUNTY, AZ (KPHO/KTVK) -

"I feel like I have been raped and given a death sentence," says 54-year-old medical marijuana patient Gregg Levendoski.

Levendoski -- who is HIV positive, has hepatitis C and multiple forms of cancer -- said he was victimized last week when a task force of some 60 law officers, including SWAT teams, raided his remote and isolated property in Apache County at about 4 a.m. It was a multi-agency operation meant to find illegally grown marijuana.

Mon
17
Aug

ResponsibleOhio launches 'Green Rush Bus Tour' to promote pot legalization

Today: We’ll have updates at MyDaytonDailyNews.com of the Ohio Ballot Board’s ruling on the language voters will see when they vote on the marijuana issue this fall.

The group pushing to legalize marijuana in Ohio will tour all 88 counties in a neon green camper before Election Day.

Among other concerns, opponents say the proposal would put childrens health at risk because it would increase their access to edible-pot products, such as sweets, cookies and brownies. And it would allow individual Ohioans to grow and possess small amounts of marijuana.

Mon
17
Aug

Rauner Makes Amendatory Vetoes To Marijuana Bills

Republican Illinois Gov. Bruce Rauner made changes to two state bills involving marijuana on Friday via amendatory vetoes.

One of the bills looks to make possession of 15 grams or less of marijuana an offense punishable by a $55 to $125 fine in the state. Using his veto authority, Rauner decreased the amount of marijuana someone could possess to 10 grams and increased the fines to between $100 and $200. 

The governor said he backed the "fundamental purposes" of the measure, but said that this type of adjustment to drug policy "must be made carefully and incrementally."

Mon
17
Aug

Medical Marijuana Arrests: When Will It End?

Some people try to forget the day they were arrested for marijuana possession but, with the hindsight of four decades, I can say it was one of the best things that ever happened to us.

It was August 24, 1975 and my husband, Robert C. Randall, and I were living a rather ordinary life, just eight blocks from the U.S. Capitol in Washington, D.C. in a neighborhood that could kindly be referred to as "pre-gentrification." The Metropolitan Police executed the warrant, ransacked our house and removed six marijuana plants from our sun deck. It was, of course, traumatic and life-changing.

Mon
17
Aug

Chris Christie Doesn't Like Taxes, Especially On Marijuana And Yachts

The government is always hungry for money, and yet taxes are not popular, particularly new or higher ones. Republican candidate Chris Christie has signed Grover Norquist’s no-tax pledge. And according to Mr. Norquist, Governor Christie has vetoed more tax hikes than any other governor in modern American history.

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