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Los Angeles Could Become Marijuana Capital of the World Voters in November approved #recreationalmarijuana in the Golden State, where medical marijuana has been legal since the 1990s. That decision will propel #California as a whole and Los Angeles in particular into position as the legal marijuana capital of the world, predicted Adam Bierman, CEP of MedMen, a Los Angeles company that works with the cannabis industry. “The #financial industry has Wall Street, the #tech industry has Silicon Valley, and the cannabis industry will soon have Los Angeles,” he wrote for CNBC. “No disrespect to Denver, but #LosAngeles is about to come out of the shadows and steal the spotlight.” People spend about $30 billion a year on #cannabis already across the United States, according to a 2016 report from the Cowen Group, a #marketing firm in New York City. However, only about one in every five dollars gets spent on legal #marijuana, with the rest going into the “black market.” With recreational marijuana legalized in California, much of that business will move to state-licensed businesses, the report predicted. At the city level, Los Angeles leaders are in the process of creating a licensing program for recreational marijuana #dispensaries that should allow businesses to begin operation in early 2018. Bierman also made two more predictions for marijuana. Prime time television, which rarely is cutting edge on cultural trends but often picks up on them, will develop a prime time show that incorporates legal, recreational marijuana. Unlike previous shows, the program will not focus on the illegal #drug trade but rather on marijuana as a legitimate business. A major #sports team will endorse the use of cannabis. Players using marijuana has been a part of professional sports for decades, and often resulted in suspensions. However, with cannabis becoming legal in more states, more people are coming around to the idea that cannabis can help athletes deal with pain. Can a team be far behind? To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

2016-12-22 21:04

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Los Angeles Could Become Marijuana Capital of the World Voters in November approved #recreationalmarijuana in the Golden State, where medical marijuana has been legal since the 1990s. That decision will propel #california as a whole and Los Angeles in particular into position as the legal marijuana capital of the world, predicted Adam Bierman, CEP of MedMen, a Los Angeles company that works with the cannabis industry. “The #financial industry has Wall Street, the #tech industry has Silicon Valley, and the cannabis industry will soon have Los Angeles,” he wrote for CNBC. “No disrespect to Denver, but #losangeles is about to come out of the shadows and steal the spotlight.” People spend about $30 billion a year on #cannabis already across the United States, according to a 2016 report from the Cowen Group, a #marketing firm in New York City. However, only about one in every five dollars gets spent on legal #marijuana, with the rest going into the “black market.” With recreational marijuana legalized in California, much of that business will move to state-licensed businesses, the report predicted. At the city level, Los Angeles leaders are in the process of creating a licensing program for recreational marijuana #dispensaries that should allow businesses to begin operation in early 2018. Bierman also made two more predictions for marijuana. Prime time television, which rarely is cutting edge on cultural trends but often picks up on them, will develop a prime time show that incorporates legal, recreational marijuana. Unlike previous shows, the program will not focus on the illegal #drug trade but rather on marijuana as a legitimate business. A major #sports team will endorse the use of cannabis. Players using marijuana has been a part of professional sports for decades, and often resulted in suspensions. However, with cannabis becoming legal in more states, more people are coming around to the idea that cannabis can help athletes deal with pain. Can a team be far behind To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

Entrepreneur Magazine and dispensaries.com bring you: Survey Finds Oregon Residents Support Banks Working With Marijuana Industry A study released this week shows that #Oregon residents, by an overwhelming majority, feel working with the #marijuana industry does not damage the reputation of financial institutions. The survey also indicates #banks and credit unions might enhance their standing and attract new customers in Oregon by working with the cannabis industry. Researchers surveyed 800 Oregonians between Nov. 10 and Nov. 17. Some of the findings included: 44 percent said their view of a #financial institution would actually improve if it did business with marijuana-related companies. Only 12 percent said they would view a bank negatively if it provided services to a marijuana-related business. Marijuana proved more popular than other industries among respondents, who said they would view a #financial institution more negatively if they worked with “big box” stores (25 percent), #pharmaceutical companies (38 percent), oil companies (41 percent) and #tobacco companies (48 percent). Among those 35 years old or younger, 88 percent said they view the #cannabis industry favorably and 62 percent said their view of a financial institution would improve if it worked with the marijuana industry. Only 38 percent saw federal laws making marijuana illegal as a good reason for a bank or credit union not to do #business with a marijuana-related company. Are the attitudes of those in the survey reflective of other states where marijuana is legal? The report offers a big “if,” saying that “if attitudes of Oregonians are a good barometer, then financial institutions in states where recreational marijuana is legal may have stronger reasons to enter the market than they do to abstain -- at least from a reputational standpoint.” To read the full story check us out https://www.entrepreneur.com/article/286756

2016-12-20 21:13

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Entrepreneur Magazine and dispensaries.com bring you: Survey Finds Oregon Residents Support Banks Working With Marijuana Industry A study released this week shows that #oregon residents, by an overwhelming majority, feel working with the #marijuana industry does not damage the reputation of financial institutions. The survey also indicates #banks and credit unions might enhance their standing and attract new customers in Oregon by working with the cannabis industry. Researchers surveyed 800 Oregonians between Nov. 10 and Nov. 17. Some of the findings included: 44 percent said their view of a #financial institution would actually improve if it did business with marijuana-related companies. Only 12 percent said they would view a bank negatively if it provided services to a marijuana-related business. Marijuana proved more popular than other industries among respondents, who said they would view a #financial institution more negatively if they worked with “big box” stores (25 percent), #pharmaceutical companies (38 percent), oil companies (41 percent) and #tobacco companies (48 percent). Among those 35 years old or younger, 88 percent said they view the #cannabis industry favorably and 62 percent said their view of a financial institution would improve if it worked with the marijuana industry. Only 38 percent saw federal laws making marijuana illegal as a good reason for a bank or credit union not to do #business with a marijuana-related company. Are the attitudes of those in the survey reflective of other states where marijuana is legal The report offers a big “if,” saying that “if attitudes of Oregonians are a good barometer, then financial institutions in states where recreational marijuana is legal may have stronger reasons to enter the market than they do to abstain -- at least from a reputational standpoint.” To read the full story check us out https://www.entrepreneur.com/article/286756

Hunter S. Thompson’s Widow Plans Marijuana Strain Based on Writer’s Favorite Cannabis During his life, the late Hunter S. Thompson became known as many things: celebrated #writer, political candidate, icon of the counterculture. His readers also knew him as a man who enjoyed using cannabis, which he made clear in many of the magazine articles and books he wrote. “I have always loved marijuana,” he once famously said. “It has been a source of joy and comfort to me for many years. And I still think of it as a basic staple of life, along with beer and ice and grapefruits – and millions of Americans agree with me.” No wonder, then, that with #recreationalmarijuana now legal in his home state of #Colorado, his widow has decided to create a new strain of cannabis based on the famous writer’s personal stash. Anita Thompson has saved six different kinds of #cannabis smoked by her late husband and plans to regrow them to create a new strain of cannabis. Not surprisingly, it will be sold under the name Gonzo. According to Rolling Stone magazine, Thompson’s widow, Anita, decided to save six strains of the writer’s favorite cannabis that she is now working with a #marijuana company to regrow. She said she has been approached over the years to allow people to put her late husband’s name or likeness on a cannabis product, but she always said, “No.” After spending the first decade after his death “preserving his literary legacy,” Anita Thompson said she started to look into what she could do with the cannabis. She also recently purchased Owl Farm in Colorado, where Thompson lived for many decades (the #farm previously was owned by a trust set up by Thompson). Anita Thompson plans to use money made through the cannabis venture to turn Owl Farm into a private #museum and writer’s retreat, beginning as soon as May 2017. The product, based on cannabis Thompson enjoyed, will join a list of other #celebrity marijuana ventures. They include brands of cannabis sold by Snoop Dogg and Willie Nelson, as well as #CBD products from Whoopi Goldberg and Melissa Etheridge. To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

2016-12-19 21:03

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Hunter S. Thompson’s Widow Plans Marijuana Strain Based on Writer’s Favorite Cannabis During his life, the late Hunter S. Thompson became known as many things: celebrated #writer, political candidate, icon of the counterculture. His readers also knew him as a man who enjoyed using cannabis, which he made clear in many of the magazine articles and books he wrote. “I have always loved marijuana,” he once famously said. “It has been a source of joy and comfort to me for many years. And I still think of it as a basic staple of life, along with beer and ice and grapefruits – and millions of Americans agree with me.” No wonder, then, that with #recreationalmarijuana now legal in his home state of #colorado, his widow has decided to create a new strain of cannabis based on the famous writer’s personal stash. Anita Thompson has saved six different kinds of #cannabis smoked by her late husband and plans to regrow them to create a new strain of cannabis. Not surprisingly, it will be sold under the name Gonzo. According to Rolling Stone magazine, Thompson’s widow, Anita, decided to save six strains of the writer’s favorite cannabis that she is now working with a #marijuana company to regrow. She said she has been approached over the years to allow people to put her late husband’s name or likeness on a cannabis product, but she always said, “No.” After spending the first decade after his death “preserving his literary legacy,” Anita Thompson said she started to look into what she could do with the cannabis. She also recently purchased Owl Farm in Colorado, where Thompson lived for many decades (the #farm previously was owned by a trust set up by Thompson). Anita Thompson plans to use money made through the cannabis venture to turn Owl Farm into a private #museum and writer’s retreat, beginning as soon as May 2017. The product, based on cannabis Thompson enjoyed, will join a list of other #celebrity marijuana ventures. They include brands of cannabis sold by Snoop Dogg and Willie Nelson, as well as #cbd products from Whoopi Goldberg and Melissa Etheridge. To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

The Impact of Proposition 64 on Medical Marijuana, Tax Spending in California With the passing of Proposition 64 in California legalizing recreational #marijuana, most observers expected a big drop off in patients for doctors who prescribe #medicalmarijuana. However, just the opposite has happened. Because recreational marijuana will not become available in the state until early 2018, more people have turned to doctors in order to obtain #cannabis. Dr. Deborah Klaisle, lead physician at 420 Med Evaluations in California, told the Sacramento Bee she believes more people are coming to her clinic because they feel marijuana is “more legitimate” with the passage of Proposition 64. Other #doctors have reported a similar increase in business this past month. Voters approved the proposition on Nov. 8. However, many think the surge in patients could prove temporary. Some look to #Colorado for indications of how the business will change over the next few years as recreational marijuana becomes available. The number of people who had medical marijuana prescriptions in Colorado dropped from about 128,000 to about 102,000 as the state began to allow recreational marijuana sales in 2014. As doctors deal with more medical marijuana patients, public officials are preparing for a bonanza of tax dollars in the wake of Proposition 64’s approval. The Golden State expects to bring in as much as $1 billion in tax revenue once #recreationalmarijuana retails outlets are up and running. Both medical and recreational cannabis sales come with a 15 percent excise tax paid to the state. The state law gives #California officials the leeway to impose additional taxes. They include a $9.25 per ounce cultivation tax on cannabis growers and $2.75 per ounce for marijuana leaves. Additionally, counties and cities within the state can choose to impose #taxes of their own. The one group exempt from the excise tax are medical marijuana users who register with the state and obtain a medical marijuana card. To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

2016-12-15 21:02

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The Impact of Proposition 64 on Medical Marijuana, Tax Spending in California With the passing of Proposition 64 in California legalizing recreational #marijuana, most observers expected a big drop off in patients for doctors who prescribe #medicalmarijuana. However, just the opposite has happened. Because recreational marijuana will not become available in the state until early 2018, more people have turned to doctors in order to obtain #cannabis. Dr. Deborah Klaisle, lead physician at 420 Med Evaluations in California, told the Sacramento Bee she believes more people are coming to her clinic because they feel marijuana is “more legitimate” with the passage of Proposition 64. Other #doctors have reported a similar increase in business this past month. Voters approved the proposition on Nov. 8. However, many think the surge in patients could prove temporary. Some look to #colorado for indications of how the business will change over the next few years as recreational marijuana becomes available. The number of people who had medical marijuana prescriptions in Colorado dropped from about 128,000 to about 102,000 as the state began to allow recreational marijuana sales in 2014. As doctors deal with more medical marijuana patients, public officials are preparing for a bonanza of tax dollars in the wake of Proposition 64’s approval. The Golden State expects to bring in as much as $1 billion in tax revenue once #recreationalmarijuana retails outlets are up and running. Both medical and recreational cannabis sales come with a 15 percent excise tax paid to the state. The state law gives #california officials the leeway to impose additional taxes. They include a $9.25 per ounce cultivation tax on cannabis growers and $2.75 per ounce for marijuana leaves. Additionally, counties and cities within the state can choose to impose #taxes of their own. The one group exempt from the excise tax are medical marijuana users who register with the state and obtain a medical marijuana card. To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

Entrepreneur Magazine and dispensaries.com bring you: Microsoft to Offer Software for Local Governments to Regulate and Tax Legal Cannabis Microsoft has quietly entered into the cannabis business, partnering with a California #software company to offer governments a system that tracks marijuana #sales and compliance issues. The partnership combines Los Angeles-based Kind Financial’s software for tracking production and sales of cannabis with Microsoft’s Azure Government Cloud. The goal is to contract with local and state governments where #marijuana is legal, providing officials with a simplified way to keep track of #tax payments and cannabis production. Government agencies at the state and local level face a complex task with marijuana regulation and tax collection. Not only is the legal marijuana #business relatively new, but #cannabis remains an illegal #drug under the federal Controlled Substance Act. This means few financial institutions will make loans or handle business transactions for marijuana-related companies. Because of this, many cannabis retailers work in cash-only transactions. Some install ATM machines on their property to make it convenient for customers. In this environment, Kind Financial offers its software system to track production and sales, both for private retailers and government agencies. Called Agrisoft Seed to Sale, the Kind Financial software allows companies and #government agencies to track costs from the production stages of marijuana to the sale of the product in dispensaries. The software also ensures operations comply with government regulations. For government officials, the software allows them to track all licensed marijuana #growers and sellers, ensuring a company doesn’t produce marijuana that disappears into the black market to avoid taxation. Microsoft entered into a partnership with Kind on the government side of the business. The #tech giant plans to include the software in the suite of services it offers governments through the #Microsoft Azure Government Cloud. To read the full story check us out https://www.entrepreneur.com/article/286433

2016-12-14 21:04

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Entrepreneur Magazine and dispensaries.com bring you: Microsoft to Offer Software for Local Governments to Regulate and Tax Legal Cannabis Microsoft has quietly entered into the cannabis business, partnering with a California #software company to offer governments a system that tracks marijuana #sales and compliance issues. The partnership combines Los Angeles-based Kind Financial’s software for tracking production and sales of cannabis with Microsoft’s Azure Government Cloud. The goal is to contract with local and state governments where #marijuana is legal, providing officials with a simplified way to keep track of #tax payments and cannabis production. Government agencies at the state and local level face a complex task with marijuana regulation and tax collection. Not only is the legal marijuana #business relatively new, but #cannabis remains an illegal #drug under the federal Controlled Substance Act. This means few financial institutions will make loans or handle business transactions for marijuana-related companies. Because of this, many cannabis retailers work in cash-only transactions. Some install ATM machines on their property to make it convenient for customers. In this environment, Kind Financial offers its software system to track production and sales, both for private retailers and government agencies. Called Agrisoft Seed to Sale, the Kind Financial software allows companies and #government agencies to track costs from the production stages of marijuana to the sale of the product in dispensaries. The software also ensures operations comply with government regulations. For government officials, the software allows them to track all licensed marijuana #growers and sellers, ensuring a company doesn’t produce marijuana that disappears into the black market to avoid taxation. Microsoft entered into a partnership with Kind on the government side of the business. The #tech giant plans to include the software in the suite of services it offers governments through the #microsoft Azure Government Cloud. To read the full story check us out https://www.entrepreneur.com/article/286433

Entrepreneur Magazine and dispensaries.com bring you: Industrial Real Estate Market Gets Boost With Marijuana Legalization Because large facilities are needed to grow and store marijuana -- and because local laws often limit where such businesses can be located -- industrial #warehouse owners have seen rental rates spike in areas where medical and recreational marijuana is legal. The burgeoning marijuana #realestate market already has sent ripples through public policy in California, where voters approved legalization of recreational marijuana just last month. In early December, the Lynwood City Council voted to license up to five cannabis companies to operate in the town’s large cluster of warehouses. Lynwood is in southeast Los Angeles County. Leasing property to marijuana businesses shows such promise that the first marijuana industry-related business to get listed on the New York Stock Exchange, San Diego-based Innovative Industrial Properties (IIPR), is a real estate #investment trust that leases large warehouses to #medicalmarijuana growers. Marijuana grower Chris Abbott told Bloomberg News it took him six months of searching to find a suitable space for his cannabis operation in the Portland, Ore., area. His ultimate choice was a 10,000-square-foot building on the outskirts of the city. Abbott owns Botanica, an edible marijuana company. He wants to expand into #Oregon from his base in adjacent #Washington. The impact of #marijuana on industrial real estate already has played out in #Colorado, where voters approved recreational use of marijuana in 2012. Sales began in 2014. The burgeoning real estate market tied to marijuana also has led to companies specializing in listing commercial #property that can be used for the #cannabis industry. The marijuana industry also now uses one in 11 buildings in central Denver, according to the Denver Post, and uses 3.7 million square feet of space in the Denver area. To read the full story check us out https://www.entrepreneur.com/article/ 286307

2016-12-09 21:04

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Entrepreneur Magazine and dispensaries.com bring you: Industrial Real Estate Market Gets Boost With Marijuana Legalization Because large facilities are needed to grow and store marijuana -- and because local laws often limit where such businesses can be located -- industrial #warehouse owners have seen rental rates spike in areas where medical and recreational marijuana is legal. The burgeoning marijuana #realestate market already has sent ripples through public policy in California, where voters approved legalization of recreational marijuana just last month. In early December, the Lynwood City Council voted to license up to five cannabis companies to operate in the town’s large cluster of warehouses. Lynwood is in southeast Los Angeles County. Leasing property to marijuana businesses shows such promise that the first marijuana industry-related business to get listed on the New York Stock Exchange, San Diego-based Innovative Industrial Properties (IIPR), is a real estate #investment trust that leases large warehouses to #medicalmarijuana growers. Marijuana grower Chris Abbott told Bloomberg News it took him six months of searching to find a suitable space for his cannabis operation in the Portland, Ore., area. His ultimate choice was a 10,000-square-foot building on the outskirts of the city. Abbott owns Botanica, an edible marijuana company. He wants to expand into #oregon from his base in adjacent #Washington. The impact of #marijuana on industrial real estate already has played out in #colorado, where voters approved recreational use of marijuana in 2012. Sales began in 2014. The burgeoning real estate market tied to marijuana also has led to companies specializing in listing commercial #property that can be used for the #cannabis industry. The marijuana industry also now uses one in 11 buildings in central Denver, according to the Denver Post, and uses 3.7 million square feet of space in the Denver area. To read the full story check us out https://www.entrepreneur.com/article/ 286307

7 Marijuana Industry Jobs You Can Get Into Right Now So how to find a #job in this industry? Consider the following seven options, not all of which require packing up and moving. Although since we are talking about places such as Denver, Seattle, San Francisco, Portland, Boston and Los Angeles – maybe moving is not such a bad idea, right? Professional services: Like any business, #marijuana operations need #accountants, #attorneys, supply chain managers and marketers, to name just a few. They also need web page #designers, internet #marketing, web content writing and search engine optimization – all of which you can do from where you are sitting right now. #Budtender Jobs: This requires a lot of knowledge about the various strains of #cannabis, as wells as vaping and edibles. Also, recreational and #medicalmarijuana users will have different needs. People skills also prove important in this job – a budtender often is the face of the business for customers. Glass Merchant: This means you deal in everything from traditional devices to smoke marijuana to newer products such as vaporizers. Edible Creator: Coming up with cannabis #edibles is a growing field. If #cooking is your thing, this could be the right fit for you. Courier: Marijuana delivery services have sprung up in most major cities where cannabis is legal, offering private delivery of marijuana products. Couriers, whether by bike or car, make the delivery right to the buyer’s doorstep. Security: Brick-and-mortar #dispensaries need someone at the door to check identification, medical marijuana cards when applicable and make sure all transactions get done with no drama. Reviewer: This might seem like a dream job to some, but it requires an ability to discern the effects of various marijuana products and also the ability to write about them. With the rapid growth across the country, expect more jobs to be available in the coming years. For those looking to launch a new #career, marijuana industry #jobs provide an attractive option. To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

2016-12-08 20:44

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7 Marijuana Industry Jobs You Can Get Into Right Now So how to find a #job in this industry Consider the following seven options, not all of which require packing up and moving. Although since we are talking about places such as Denver, Seattle, San Francisco, Portland, Boston and Los Angeles – maybe moving is not such a bad idea, right Professional services: Like any business, #marijuana operations need #accountants, #attorneys, supply chain managers and marketers, to name just a few. They also need web page #designers, internet #marketing, web content writing and search engine optimization – all of which you can do from where you are sitting right now. #budtender Jobs: This requires a lot of knowledge about the various strains of #cannabis, as wells as vaping and edibles. Also, recreational and #medicalmarijuana users will have different needs. People skills also prove important in this job – a budtender often is the face of the business for customers. Glass Merchant: This means you deal in everything from traditional devices to smoke marijuana to newer products such as vaporizers. Edible Creator: Coming up with cannabis #edibles is a growing field. If #cooking is your thing, this could be the right fit for you. Courier: Marijuana delivery services have sprung up in most major cities where cannabis is legal, offering private delivery of marijuana products. Couriers, whether by bike or car, make the delivery right to the buyer’s doorstep. Security: Brick-and-mortar #dispensaries need someone at the door to check identification, medical marijuana cards when applicable and make sure all transactions get done with no drama. Reviewer: This might seem like a dream job to some, but it requires an ability to discern the effects of various marijuana products and also the ability to write about them. With the rapid growth across the country, expect more jobs to be available in the coming years. For those looking to launch a new #career, marijuana industry #jobs provide an attractive option. To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

Entrepreneur Magazine and dispensaries.com bring you: Cannabis Industry Is Rattled by Trump but Thinks Federal Crackdown UnLikely A month after the #election, marijuana legalization advocates still await some clear indication of President-elect Donald Trump’s official stance toward legal cannabis. Still, concerns continue to grow among marijuana proponents about how a #Trump Administration will address legalized #cannabis. They are especially troubled by Trump’s planned Attorney General nomination of Alabama Sen. Jeff Sessions, a vocal opponent of marijuana legalization. However, some say there remain plenty of reasons to stay optimistic even as others voice concern over the future of legalized marijuana under Trump. Looking at past comments from Sessions, the potential that legalized #marijuana could face challenges seems very real. The 69-year-old Sessions, who could become the top #lawenforcement official in the country, has “a long and antagonistic attitude toward marijuana,” reported Politico. In April 2016, Sessions said during a #Senate hearing on #drugs that the country needs “grownups” in charge who send the message that “marijuana is not the kind of thing that ought to be legalized.” He later added, “Good people don’t smoke marijuana.” Voters have made marijuana legal for #medical use in a majority of U.S. states and for recreational use in seven states and the District of Columbia. Voters in Maine also narrowly approved recreational marijuana, although a recount is expected to begin this month. Under federal law, marijuana remains listed as a Schedule I drug under the Controlled Substance Act. These drugs, according to the federal Drug Enforcement Administration, are defined as “drugs with no currently accepted medical use and a high potential for abuse.” Robert McKenna, the former attorney general of Washington, told KIRO 7 in #Seattle that the issue will come down to priorities for Sessions. He noted that any action by Sessions against states would result in a long legal battle. To read the full story check us out https://www.entrepreneur.com/article/286101

2016-12-07 21:02

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Entrepreneur Magazine and dispensaries.com bring you: Cannabis Industry Is Rattled by Trump but Thinks Federal Crackdown UnLikely A month after the #election, marijuana legalization advocates still await some clear indication of President-elect Donald Trump’s official stance toward legal cannabis. Still, concerns continue to grow among marijuana proponents about how a #trump Administration will address legalized #cannabis. They are especially troubled by Trump’s planned Attorney General nomination of Alabama Sen. Jeff Sessions, a vocal opponent of marijuana legalization. However, some say there remain plenty of reasons to stay optimistic even as others voice concern over the future of legalized marijuana under Trump. Looking at past comments from Sessions, the potential that legalized #marijuana could face challenges seems very real. The 69-year-old Sessions, who could become the top #lawenforcement official in the country, has “a long and antagonistic attitude toward marijuana,” reported Politico. In April 2016, Sessions said during a #senate hearing on #drugs that the country needs “grownups” in charge who send the message that “marijuana is not the kind of thing that ought to be legalized.” He later added, “Good people don’t smoke marijuana.” Voters have made marijuana legal for #medical use in a majority of U.S. states and for recreational use in seven states and the District of Columbia. Voters in Maine also narrowly approved recreational marijuana, although a recount is expected to begin this month. Under federal law, marijuana remains listed as a Schedule I drug under the Controlled Substance Act. These drugs, according to the federal Drug Enforcement Administration, are defined as “drugs with no currently accepted medical use and a high potential for abuse.” Robert McKenna, the former attorney general of Washington, told KIRO 7 in #seattle that the issue will come down to priorities for Sessions. He noted that any action by Sessions against states would result in a long legal battle. To read the full story check us out https://www.entrepreneur.com/article/286101

Marijuana Legal in Seven More States, But Not For Sale Anytime Soon Now that voters have legalized #marijuana in seven more U.S. states, it’s natural that people want to move ahead and take advantage of their new right to purchase cannabis legally. Except that you can’t do that. Not yet, anyway. And in most cases, the wait could last until 2018. Here are some estimations on when marijuana will be available in the states that just legalized it in the November election. First, the four states that legalized recreational marijuana. California Medical marijuana is already legal in #California. However, state officials will not have the process set up to grant licenses for recreational marijuana #dispensaries until January 2018. Massachusetts The problem? Finding a place to buy it, because there isn’t one yet. And there won’t be until at least the start of 2018, giving state officials time to iron out the process of licensing retail dispensaries. Maine The #vote to legalize recreational marijuana in #Maine passed by such a close margin that a recount is now underway. Officials expect the recount, which will start Dec. 5, to last four to six weeks. Nevada Much like #Massachusetts, residents of #Nevada can legally possess small amounts of marijuana very soon (in Nevada’s case, Jan. 1, 2017) but there are no legal places to buy it. However, officials in Nevada are reacting differently. They want to quickly get recreational sales legal to avoid creating a large black market of #cannabis sales. Medical Marijuana States In #Florida, voters expanded #medicalmarijuana to people with a wider range of medical conditions, but it will take the state Legislature, which meets in 2017, to iron out exactly how it will work. In Arkansas and North Dakota, voters also approved medical marijuana sales. Arkansas plans to have a commission set up to review license applications from dispensaries by June 2017. North Dakota marijuana advocates expect it to take nine months to a year before dispensaries are open and licensed by the state. To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

2016-12-06 21:02

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Marijuana Legal in Seven More States, But Not For Sale Anytime Soon Now that voters have legalized #marijuana in seven more U.S. states, it’s natural that people want to move ahead and take advantage of their new right to purchase cannabis legally. Except that you can’t do that. Not yet, anyway. And in most cases, the wait could last until 2018. Here are some estimations on when marijuana will be available in the states that just legalized it in the November election. First, the four states that legalized recreational marijuana. California Medical marijuana is already legal in #california. However, state officials will not have the process set up to grant licenses for recreational marijuana #dispensaries until January 2018. Massachusetts The problem Finding a place to buy it, because there isn’t one yet. And there won’t be until at least the start of 2018, giving state officials time to iron out the process of licensing retail dispensaries. Maine The #vote to legalize recreational marijuana in #maine passed by such a close margin that a recount is now underway. Officials expect the recount, which will start Dec. 5, to last four to six weeks. Nevada Much like #massachusetts, residents of #nevada can legally possess small amounts of marijuana very soon (in Nevada’s case, Jan. 1, 2017) but there are no legal places to buy it. However, officials in Nevada are reacting differently. They want to quickly get recreational sales legal to avoid creating a large black market of #cannabis sales. Medical Marijuana States In #florida, voters expanded #medicalmarijuana to people with a wider range of medical conditions, but it will take the state Legislature, which meets in 2017, to iron out exactly how it will work. In Arkansas and North Dakota, voters also approved medical marijuana sales. Arkansas plans to have a commission set up to review license applications from dispensaries by June 2017. North Dakota marijuana advocates expect it to take nine months to a year before dispensaries are open and licensed by the state. To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

Why Marijuana Makes You Laugh – And Why That’s a Good Thing Anyone who has ever tried marijuana knows one of the happy effects is that things seem, well, more #funny. Sometimes much more funny. Sure, cannabis can elevate your mood, as can other stimulants, but what about those uncontrollable gusts of laughter? At this point, no one is 100 percent sure why marijuana promotes #laughter, although several possible causes have been isolated. Obviously it involves, at least in part, the effects on you from THC, the active ingredient in marijuana that gives you that “high” feeling. One study, published in the journal of Experimental and Clinical Psychopharmacology, found that THC activates more blood flow to the right frontal and left temporal lobes as well as the cerebellum. The first two are associated with laughter. An increased blood flow to those regions means more activity, and more activity may mean more chance of laughter. Studies also have shown that #THC binds to the receptors in your brain that send and receive electrical impulses, giving you that “high” feeling and elevating your mood. How elevated? Well, some studies have shown that the affect is strong enough to help fight off #anxiety and even helped those who suffer from #depression. While increased blood flow and affected brain receptors can make a change in your tendency to get #happy and laugh, another factor is the simple fact that laughter is contagious. Most people use #marijuana in a social setting, meaning that when a person finds something funny, you likely will find it funny, as well. This is true under any circumstance, but since you likely are in a better mood than usual under the influence of #cannabis, that laughter is likely to be more uninhibited than usual. To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

2016-12-01 21:06

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Why Marijuana Makes You Laugh – And Why That’s a Good Thing Anyone who has ever tried marijuana knows one of the happy effects is that things seem, well, more #funny. Sometimes much more funny. Sure, cannabis can elevate your mood, as can other stimulants, but what about those uncontrollable gusts of laughter At this point, no one is 100 percent sure why marijuana promotes #laughter, although several possible causes have been isolated. Obviously it involves, at least in part, the effects on you from THC, the active ingredient in marijuana that gives you that “high” feeling. One study, published in the journal of Experimental and Clinical Psychopharmacology, found that THC activates more blood flow to the right frontal and left temporal lobes as well as the cerebellum. The first two are associated with laughter. An increased blood flow to those regions means more activity, and more activity may mean more chance of laughter. Studies also have shown that #thc binds to the receptors in your brain that send and receive electrical impulses, giving you that “high” feeling and elevating your mood. How elevated Well, some studies have shown that the affect is strong enough to help fight off #anxiety and even helped those who suffer from #depression. While increased blood flow and affected brain receptors can make a change in your tendency to get #happy and laugh, another factor is the simple fact that laughter is contagious. Most people use #marijuana in a social setting, meaning that when a person finds something funny, you likely will find it funny, as well. This is true under any circumstance, but since you likely are in a better mood than usual under the influence of #cannabis, that laughter is likely to be more uninhibited than usual. To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

Entrepreneur Magazine and dispensaries.com bring you: Tight Regulations Could Inhibit Investment in Australia's Medical Marijuana Market As legalized marijuana continues to gain support across the United States, #investors have become increasingly interested in backing start-ups in the growing industry. Some in the U.S. have expanded their research into foreign markets. One country that seems ripe for #investment is Australia, where the government approved the production and sale of #medicalmarijuana this year. However, #Australia plans to take a tightly regulated approach to legalized marijuana, as some jurisdictions have done in the U.S. They also are expected to move slowly, with potentially complicated licensing procedures and high-cost regulatory fees. That approach could make it difficult for start-ups and likely will create a playing field for well-funded, larger companies. “There won’t be much of an opportunity for small-scale, or family farm-style #farmers to cultivate medical #cannabis,” Blaise Bratter, of Australian consultancy BuddingTech, told Marijuana Business Daily. The Australian parliament legalized marijuana in February 2016 with an amendment to the country’s Narcotic #Drugs Act. The amendment allows, for the first time, the growing of #marijuana in Australia for medicinal purposes and scientific #research. Part of the support for the law change came from a group called United in Compassion. Lucy Haslam started the organization after her son, Daniel, used marijuana to help ease the pain of his terminal bowel #cancer. After his death, she began to lobby the #government to make medical marijuana legal. Minister for Health Sussan Ley, at the time of the vote, called the change “an historic day for Australia” and said the change provides "the missing piece in a patient's treatment journey and will now see seamless access to locally-produced medicinal cannabis products from farm to #pharmacy,” according to CNN. To read the full story check us out https://www.entrepreneur.com/article/285775

2016-11-30 21:03

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Entrepreneur Magazine and dispensaries.com bring you: Tight Regulations Could Inhibit Investment in Australia's Medical Marijuana Market As legalized marijuana continues to gain support across the United States, #investors have become increasingly interested in backing start-ups in the growing industry. Some in the U.S. have expanded their research into foreign markets. One country that seems ripe for #investment is Australia, where the government approved the production and sale of #medicalmarijuana this year. However, #australia plans to take a tightly regulated approach to legalized marijuana, as some jurisdictions have done in the U.S. They also are expected to move slowly, with potentially complicated licensing procedures and high-cost regulatory fees. That approach could make it difficult for start-ups and likely will create a playing field for well-funded, larger companies. “There won’t be much of an opportunity for small-scale, or family farm-style #farmers to cultivate medical #cannabis,” Blaise Bratter, of Australian consultancy BuddingTech, told Marijuana Business Daily. The Australian parliament legalized marijuana in February 2016 with an amendment to the country’s Narcotic #drugs Act. The amendment allows, for the first time, the growing of #marijuana in Australia for medicinal purposes and scientific #research. Part of the support for the law change came from a group called United in Compassion. Lucy Haslam started the organization after her son, Daniel, used marijuana to help ease the pain of his terminal bowel #cancer. After his death, she began to lobby the #government to make medical marijuana legal. Minister for Health Sussan Ley, at the time of the vote, called the change “an historic day for Australia” and said the change provides "the missing piece in a patient's treatment journey and will now see seamless access to locally-produced medicinal cannabis products from farm to #pharmacy,” according to CNN. To read the full story check us out https://www.entrepreneur.com/article/285775

Marijuana May Improve Cognitive Performance, New Study Finds Ever since the federal government began passing a series of laws that made #marijuana illegal in the first half of the 20th century, one of the big arguments opponents make revolves around #cannabis severely inhibiting brain function. A new study finds that may not be the case with #medicalmarijuana. Furthermore, the reverse might actually be true. In a recently released report, researchers at McClean Hospital in Belmont, Mass., focused on the impact of medical marijuana on executive functions. These include areas such as cognitive flexibility, #memory, Inhibition control and ability to focus attention. Researchers found a result that opposes the long-held conventional wisdom on marijuana. “After three months of medical marijuana treatment, patients actually performed better, in terms of their ability to perform certain cognitive tasks, specifically those mediated by the frontal cortex,” Dr. Staci Gruber,. director of the hospital’s Marijuana Investigations for Neuroscientific Discovery, said in a statement. According to McClean Hospital, an affiliate of the Harvard School of #Medicine, the study is believed to be the first to examine the impact of medical marijuana on cognitive functions. Researchers selected a test group which had not used marijuana in at least the last 10 years and tested their cognitive skills. They then were tested again after three, six and 12 months of medical marijuana use. In addition to higher scores on executive functions, those who participated in the study reported improvement in their medical conditions. They also reported sleeping better and using less prescription medications. For example, study participants reported a 42 percent reduction in the use of opiates. Researchers plan on continuing the study for two more years, further exploring the long term effects of medical marijuana on #brain function. To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

2016-11-29 21:03

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Marijuana May Improve Cognitive Performance, New Study Finds Ever since the federal government began passing a series of laws that made #marijuana illegal in the first half of the 20th century, one of the big arguments opponents make revolves around #cannabis severely inhibiting brain function. A new study finds that may not be the case with #medicalmarijuana. Furthermore, the reverse might actually be true. In a recently released report, researchers at McClean Hospital in Belmont, Mass., focused on the impact of medical marijuana on executive functions. These include areas such as cognitive flexibility, #memory, Inhibition control and ability to focus attention. Researchers found a result that opposes the long-held conventional wisdom on marijuana. “After three months of medical marijuana treatment, patients actually performed better, in terms of their ability to perform certain cognitive tasks, specifically those mediated by the frontal cortex,” Dr. Staci Gruber,. director of the hospital’s Marijuana Investigations for Neuroscientific Discovery, said in a statement. According to McClean Hospital, an affiliate of the Harvard School of #medicine, the study is believed to be the first to examine the impact of medical marijuana on cognitive functions. Researchers selected a test group which had not used marijuana in at least the last 10 years and tested their cognitive skills. They then were tested again after three, six and 12 months of medical marijuana use. In addition to higher scores on executive functions, those who participated in the study reported improvement in their medical conditions. They also reported sleeping better and using less prescription medications. For example, study participants reported a 42 percent reduction in the use of opiates. Researchers plan on continuing the study for two more years, further exploring the long term effects of medical marijuana on #brain function. To read the full story click the link in our bio or check us out at www.dispensaries.com/blog

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